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Adult-Use Sales in the Eastern US: Page 2
2022 Total Cannabis Sales and Market Projections of East Coast States
A roundup of 2022 sales performances and projections of both established in emerging adult-use cannabis markets on the East Coast.
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Connecticut Adult-Use Sales Top $2 Million in First Week
The state recorded the highest number of sales on its first day of launch, Jan. 10, which brought in $359,099.
Connecticut Becomes 18th State to Launch Commercial Adult-Use Cannabis Sales
Individuals 21 years and older in Connecticut can now possess up to 1.5 ounces of flower in public and purchase up to a quarter of cannabis flower, or its equivalent, per transaction.
Cannabis Price Declines Intensify Inflationary Market
Consumers are paying more for goods, but that isn’t always the case with cannabis.
Year-Over-Year Cannabis Sales Shrink for First Time in 5 States
California, Colorado, Nevada, Oregon and Washington faced unprecedented cannabis retail trends in 2022; Michigan is now the nation’s second largest market.
New York’s Adult-Use Sales Will Begin Dec. 29 With One Nonprofit Licensee
The New York Office of Cannabis Management announced Dec. 21 that the commercial retail program will commence through licensee Housing Works.
Michigan Cannabis Flower Dips Below $100 an Ounce For First Time
The race to the bottom continues in the state’s adult-use market, where flower demand remains on the rise as retail prices hit an all-time low.
Connecticut Will Launch Adult-Use Sales on Jan. 10
The state’s Consumer Protection Department is required to provide a 30-day notice ahead of a retail rollout; nine dispensaries are approved.
Rhode Island Becomes 16th State to Launch Adult-Use Cannabis Sales
Five existing medical cannabis dispensaries were given the green light to begin serving adults 21 and older on Dec. 1.
Rhode Island Will Launch Adult-Use Cannabis Sales on Schedule
Five existing medical cannabis retailers have been approved by the state and will be the first to serve an expanded market on Dec. 1.
Massachusetts Cannabis Flower Prices Drop 42% in Past Year
While 2022 adult-use cannabis sales are up 11.6% over last year, the average price per ounce fell to an all-time low of $220 in October.
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