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<h2 id="annualcannabissalesinnewjersey">Annual Cannabis Sales in New Jersey</h2>
<p>The <a href="https://newjerseystatecannabis.org/business">Cannabis sales in New Jersey</a>, excluding 2024, revealed key trends across quarters. In 2022, the highest medicinal sales were observed in Quarter 3 at over $61 million, which later declined to approximately $27 million by the 4th quarter of 2023. Recreational sales exhibited steady growth, starting at around $79 million in 2022 - Quarter 2 and reached over $192 million in 2023 - Quarter 4. </p>

<table>
<thead>
<tr>
<th><strong>Year</strong></th>
<th><strong>Quarter</strong></th>
<th><strong>Medicinal Sales</strong></th>
<th><strong>Recreational Sales</strong></th>
<th><strong>Total</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>2024</strong></td>
<td>Quarter 1</td>
<td>$24,245,328</td>
<td>$201,185,793</td>
<td>$225,431,121</td>
</tr>
<tr>
<td><strong>2023</strong></td>
<td>Quarter 4</td>
<td>$27,837,896</td>
<td>$192,600,586</td>
<td>$220,438,482</td>
</tr>
<tr>
<td></td>
<td>Quarter 3</td>
<td>$29,308,039</td>
<td>$176,909,400</td>
<td>$206,217,439</td>
</tr>
<tr>
<td></td>
<td>Quarter 2</td>
<td>$33,046,296</td>
<td>$160,297,994</td>
<td>$193,344,290</td>
</tr>
<tr>
<td></td>
<td>Quarter 1</td>
<td>$34,539,474</td>
<td>$145,739,615</td>
<td>$180,279,089</td>
</tr>
<tr>
<td><strong>2022</strong></td>
<td>Quarter 4</td>
<td>$49,874,667</td>
<td>$132,484,179</td>
<td>$182,358,846</td>
</tr>
<tr>
<td></td>
<td>Quarter 3</td>
<td>$61,138,231</td>
<td>$116,572,533</td>
<td>$177,710,764</td>
</tr>
<tr>
<td></td>
<td>Quarter 2</td>
<td>$59,262,014</td>
<td>$79,698,831</td>
<td>$138,960,845</td>
</tr>
<tr>
<td></td>
<td>Quarter 1</td>
<td>$55,838,072</td>
<td>No Data</td>
<td>$55,838,072</td>
</tr>
</tbody>
</table>
<p>Last updated: August 6, 2024</p>
<p>Source: New Jersey Cannabis Regulatory Commission</p>

Explore the latest and historical data for the annual cannabis sales numbers. Gain valuable insights into the state's evolving cannabis business program at NewJerseyStateCannabis.org

New Jersey Marijuana Sales Report [2024].png

Year	Quarter	Medicinal Sales	Recreational Sales	Total
2024	Quarter 1	$24,245,328	$201,185,793	$225,431,121
2023	Quarter 4	$27,837,896	$192,600,586	$220,438,482
	Quarter 3	$29,308,039	$176,909,400	$206,217,439
	Quarter 2	$33,046,296	$160,297,994	$193,344,290
	Quarter 1	$34,539,474	$145,739,615	$180,279,089
2022	Quarter 4	$49,874,667	$132,484,179	$182,358,846
	Quarter 3	$61,138,231	$116,572,533	$177,710,764
	Quarter 2	$59,262,014	$79,698,831	$138,960,845
	Quarter 1	$55,838,072	No Data	$55,838,072

New Jersey Marijuana Sales Report 2024

Annual Cannabis Sales in New Jersey