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Market Overview

Real-time intelligence on Minnesota's cannabis market. Track licenses, sales, pricing trends, and industry growth.

Explore Minnesota's first year in review

Verified Market Statistics

Source on each card
Licenses Issued

Unavailable

Unavailable. No current license total is in the verified figure set, so this headline does not repeat an older snapshot.

2026 Sales

$163.6M

2026 through July

Medical Patients

90,000+

Registered patients as of September 15, 2026

Certifying practitioners: unavailable

Minnesota Office of Cannabis Management
Living Plants

264,368

Living plants shown on OCM's Cannabis Market Monitor dashboard, September 1, 2026 data extract (via the Hub's September 2026 State of the Market). OCM does not state an as-of date for this card, and its other releases may count plants differently.

Market MilestonesVerified

Key events in Minnesota cannabis history (verified from official sources)

Regulatory

OCM announces LPHE license applications resume April 1; hemp product transition period ends March 31

Sales

Nearly $40M in sales for Jan-Feb 2026; ~200 licensed businesses including 127 retailers

Regulatory

OCM launches Cannabis Market Monitor dashboard with monthly statistics

Sales

118 cannabis business licenses issued, $122.5M in 12-month sales

Sales

First state-licensed adult-use retail sales begin

Licensing

1,203 preliminary approvals issued (OCM Dashboard)

Licensing

First cannabis business license issued to Herb Quest LLC (SE microbusiness)

Market ProjectionsEstimates

From OCM Cannabis Market Size and Growth Study

These are projections, not actual data. Market size estimates will be updated with real figures once OCM publishes sales data.

Year 1 (2025-26)$350.0M
Adult-Use: $250.0MMedical: $100.0M
Year 2 (2026-27)$750.0M
Adult-Use: $625.0MMedical: $125.0M
Year 3 (2027-28)$1.1B
Adult-Use: $975.0MMedical: $125.0M
Year 5 (2029-30)$1.5B
Adult-Use: $1.4BMedical: $125.0M

* Projections based on OCM demand study. Actual results may vary based on regulatory timeline, market conditions, and consumer adoption.

About This Data

Market data is updated monthly from the Minnesota Office of Cannabis Management (OCM). All licensed cannabis businesses are required to report sales, inventory, and cultivation data through the state's seed-to-sale tracking system.

Sales data: MonthlyLicense data: WeeklyPricing data: Monthly

How to use and cite this data

Charts should be read with their displayed period, unit, and update date. OCM sales and licensing data can be revised after initial publication. MN Cannabis Hub preserves verified monthly history, labels unavailable values instead of estimating them, and separates issued licenses from confirmed open storefronts. When citing a figure, include the month and source shown beside it.

  • Tax revenue

    Minnesota reported $45.6 million in cannabis and hemp tax revenue for September 2025 through July 2026. The sourced figures, the 15% tax behind them, and where local aid went.

  • Licenses vs open stores

    OCM listed 355 issued cannabis licenses on September 1, 2026, but far fewer stores were open. Dated license counts beside the stores we confirmed open, with a map.

  • Menu accuracy

    How we check Minnesota dispensary menus before showing them, which listings have a live menu, and what to confirm before you drive over.