# Minnesota cannabis market development > Live situation record from CLSTR: https://clstr.news/situations/minnesota-cannabis-market-development > Updated: 2026-09-18T13:42:43.000Z. Sources: 6. Developments: 2. Minnesota’s cannabis market has reached $250 million in combined adult-use and medical sales during its first year of legal operations. Adult-use sales accounted for approximately $150 million, while medical cannabis sales totaled $100 million. According to the Office of Cannabis Management (OCM), the state generated $45.6 million in tax revenue over a 10-month period from these sales and lower-potency hemp products. The state has seen a significant increase in supply, with 95 new cultivation licenses issued over the summer, bringing the total number of licensed cultivators to 102. Social equity is a central component of the state's business model, with the OCM estimating that 86% of business licenses have been awarded to verified social equity businesses. However, industry consultants note that high consumer prices and a lack of investment capital remain challenges for many small-scale and social equity operators. ## Timeline ### 2026-09-18: Minnesota cannabis market reaches $250 million in first year Minnesota's cannabis market surpassed $250 million in total sales in its first year, generating $45.6 million in tax revenue while expanding cultivation licenses and social equity participation. 3 sources. https://clstr.news/cluster/minnesota-cannabis-market-reaches-250-million-in-first-year ### 2026-09-03: California reports $8.4 billion in cannabis tax revenue amid labor debates California reports $8.4 billion in cannabis tax revenue amid enforcement against illicit markets, while debate continues over the impact of minimum wage hikes on the state's restaurant industry jobs. 4 sources. https://clstr.news/cluster/california-reports-84-billion-in-cannabis-tax-revenue-amid-labor-debates --- Cite as: Minnesota cannabis market development. CLSTR, https://clstr.news/situations/minnesota-cannabis-market-development