Adult-Use Sales in the Eastern US: Page 3

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.

Illinois Cannabis Sales Continue on Seven-Month Plateau

The state’s 2022 monthly average remains nearly 11% higher than last year.

Theory Wellness Expands Into Vermont With Brattleboro Location

A leader in East Coast cannabis, Theory Wellness announced plans to open in its third state to bring its retail operations to the blossoming Vermont industry.

3 Vermont Dispensaries to Begin Adult-Use Sales at Their Discretion

There’s nothing specifically saying the licensed businesses must wait until Oct. 1, state regulator says.

Maine’s Adult-Use Cannabis Sales Continue to Climb in Second Year

State retailers filed a record $17 million in sales in August, nearly doubling where monthly figures stood at the beginning of the year.

Demand Soars in Michigan as Flower Prices Dip to $116 Per Ounce

August adult-use cannabis sales set a record high mark in the state despite the average retail price for flower hitting an all-time low.

Illinois Social Equity Advocates, Business Leaders Call on State Officials to Allow Them to Begin Operations, Address Other Concerns in Market

In response, deputy Gov. Christian Mitchell said in a segment with Chicago PBS station WTTW that state officials are working to issue social equity loans to qualifying business owners. He also said he has heard differing opinions from licensees about selling business equity.

Illinois Cracks $1 Billion in Adult-Use Cannabis Sales So Far in 2022

The state’s retail market is humming along with a 16% increase in sales compared to 2021.

Eastern Cannabis Markets Expected to Dominate

Brightfield Group anticipates most industry growth in the next five years to come from states that have recently legalized adult-use and expected to launch sales soon.

New York Announces Number of Conditional Adult-Use Dispensary Licenses, Separated by Region

The Office of Cannabis Management began accepting applications Aug. 25.

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