Maryland Cannabis Tax Revenue Tops $26.8 Million in Q3 2025

Maryland Cannabis Tax Revenue Tops $26.8 Million in Q3 2025

ANNAPOLIS, MD — The Maryland Office of the Comptroller announced on December 22, 2025, that the state collected $26,876,374 in sales and use tax revenue from adult-use cannabis sales between July and September 2025. This period marks the first full quarter under the increased 12% tax rate, which took effect July 1, 2025, per the Budget Reconciliation and Financing Act of 2025. The Central Region led contributions at $10,796,928, followed by the …

Maryland Q3 2025 Cannabis Tax Revenue Tops $26 Million

Maryland’s Office of the Comptroller published quarterly cannabis tax revenue this week for the third quarter of 2025, and the state’s emerging legal industry generated over $26 million for public coffers. “Maryland law imposes a 12% sales and use tax on retail sales of adult-use cannabis and cannabis products.” the Comptroller stated in its recent report announcing the Q3 2025 tax totals. “The Comptroller of Maryland administers the state’s sal…

Maryland reports $26.8 million in cannabis tax revenue following rate hike

ANNAPOLIS, MD—The Maryland Office of the Comptroller announced on Monday that the state collected more than $26.8 million in cannabis sales tax revenue during the third quarter of 2025. The report, covering the months of July through September, reflects the first full quarter of collections since the state’s cannabis tax rate increased from 9% to 12%. The Central Region, which includes Baltimore City and Anne Arundel, Baltimore, Carroll, Harford…