Market Data

Minnesota Cannabis Sales Reach Record High in Q4 2025

MN Cannabis Hub
January 15, 2025
Minnesota's cannabis market continues to grow with record-breaking sales in the fourth quarter of 2025, surpassing initial projections.

<p>Minnesota's cannabis industry achieved a significant milestone in Q4 2025, with sales reaching an all-time high of $425 million, according to the latest report from the Office of Cannabis Management (OCM).</p> <p>The strong performance represents a 35% increase compared to Q3 2025 and exceeds initial market projections by 18%. Industry analysts attribute the growth to several factors, including the expansion of licensed dispensaries across the state and increased consumer confidence in legal cannabis products.</p>

<h2>Key Highlights</h2> <ul> <li>Total Q4 sales: $425 million</li> <li>Number of licensed dispensaries: 187 (up from 142 in Q3)</li> <li>Tax revenue generated: $63.7 million</li> <li>Average transaction value: $87</li> </ul>

<p>"These numbers demonstrate the strength and maturity of Minnesota's cannabis market," said OCM Director Sarah Johnson. "We're seeing steady growth across all product categories, with particular strength in edibles and concentrates."</p>

<h2>Regional Performance</h2> <p>The Twin Cities metro area accounted for approximately 60% of total sales, while Greater Minnesota showed impressive growth with a 42% increase in sales compared to Q3.</p>

<p>Looking ahead, the OCM projects continued growth through 2026 as more dispensaries come online and consumer awareness increases.</p>