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New Jersey Marijuana Sales Report 2025
- New Jersey Cannabis
- Cannabis Business in New Jersey
- Annual Cannabis Sales and Trends in New Jersey
Annual Cannabis Sales in New Jersey
The Cannabis sales in New Jersey, 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.
| Year | Quarter | Medicinal Sales | Recreational Sales | Total |
|---|---|---|---|---|
| 2025 | Quarter 1 | - | - | - |
| 2024 | Quarter 4 | $16,986,012 | $277,203,897 | $294,189,909 |
| Quarter 3 | $19,698,012 | $257,828,024 | $277,526,036 | |
| Quarter 2 | $22,708,539 | $247,347,718 | $270,056,257 | |
| Quarter 1 | $24,520,469 | $217,745,491 | $242,265,960 | |
| 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 |
Last updated: March 18, 2025
Source: New Jersey Cannabis Regulatory Commission