Anchorage recreational marijuana sales a bullish indicator of Alaska’s growing market
Marijuana Stocks, Finance, & InvestingUncategorized December 10, 2020 MJ Shareholders
Recreational marijuana sales in Alaska’s largest city continued to grow in 2020 despite the COVID-19 pandemic, highlighting the resiliency of the state’s adult-use industry even in challenging conditions.
Anchorage posted a record $9 million in recreational sales in September, a 25% increase over the same month last year.
With 40% of the state’s population and retail licenses, the city is the best indicator of the overall growth the Alaska market is experiencing.
Statewide sales figures were unavailable, but the total number of ounces sold in Alaska in September grew 11% year-over-year and were up 42% over September 2018.
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