New Jersey Marijuana Sales Report 2024

Annual Cannabis Sales in New Jersey

Cannabis sales in New Jersey showed consistent growth, particularly from 2022 to 2023. In 2023, total sales increased progressively across all quarters, peaking in the fourth quarter with over $220 million in combined medicinal and recreational sales.

Quarter 1 Quarter 2 Quarter 3 Quarter 4
Year Medicinal Sales Recreational Sales Total Medicinal Sales Recreational Sales Total Medicinal Sales Recreational Sales Total Medicinal Sales Recreational Sales Total
2024 $24,245,328 $201,185,793 $225,431,121 No Data No Data No Data No Data No Data No Data No Data No Data No Data
2023 $34,539,474 $145,739,615 $180,279,089 $33,046,296 $160,297,994 $193,344,290 $29,308,039 $176,909,400 $206,217,439 $27,837,896 $192,600,586 $220,438,482
2022 $55,838,072 No Data $55,838,072 $59,262,014 $79,698,831 $138,960,845 $61,138,231 $116,572,533 $177,710,764 $49,874,667 $132,484,179 $182,358,846
TOTAL $114,622,874 $346,925,408 $461,548,282 $92,308,310 $239,996,825 $332,305,135 $90,446,270 $293,481,933 $383,928,203 $77,712,563 $325,084,765 $402,797,328

Last updated: August 6, 2024

Source: New Jersey Cannabis Regulatory Commission