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Frostbite Dispensary in Roseville was the first Minnesota store to sell locally grown cannabis flower. Get current hours, menu highlights, and a full 2026 review of this pioneering Ramsey County dispensary.

Minnesota issued 22 new cannabis licenses in March 2026, bringing the statewide total to 157. Microbusinesses continue to dominate at 120 licenses, and social equity approvals now account for 52% of all licenses issued.

Minnesota has issued 96 adult-use retail cannabis licenses as of mid-February 2026, with the 100th on the way. Here is what the full market data, 135 licenses, $4,500/lb wholesale pricing, a supply crunch, H.F. 3505, and the Anoka municipal proof point, tells us about where this market is headed.

Minnesota's cannabis market recorded $31 million in adult-use sales in its first 90 days. The OCM now projects $430 million for 2026 -- a 14x increase driven by 135 licenses, 96 retail sites, improving supply, and more than 1,300 operators in the pipeline.

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