Maryland Rakes In $21M In Legal Cannabis Sales In First Week, Half During July 1 Weekend
Portfolio Pulse from Maureen Meehan
Maryland's legal cannabis sales reached $20.9 million in the first week, with half of the sales made during the opening weekend. The Maryland Cannabis Administration expects the industry to generate $600 million in retail sales in the first year of adult-use cannabis legalization. Verano Holdings (OTCQX: VRNOF), which operates four Zen Leaf retail locations in Maryland, is encouraged by the strong start to adult-use cannabis sales in the state.
July 11, 2023 | 7:11 pm
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Verano Holdings, which operates four retail locations in Maryland, is likely to benefit from the strong start to adult-use cannabis sales in the state. The company's president expressed optimism about the market's potential.
Verano Holdings operates in the cannabis industry in Maryland, which has seen a strong start to legal cannabis sales. The company's president has expressed optimism about the market's potential, indicating a positive outlook for the company's performance.
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