Cannabis Price Compression: Page 5

Oregon Shy of $1 Billion in Cannabis Sales for First Time Since 2019

The state’s average wholesale flower price dropped to $550 per pound in December, while the average retail price dipped to $116 per ounce.

Cannabis Price Declines Intensify Inflationary Market

Consumers are paying more for goods, but that isn’t always the case with cannabis.

Michigan’s Medical Market Prognosis

The state’s Cannabis Regulatory Agency continued to report major monthly decreases in active patients and approved caregivers in 2022.

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.

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.

8 Tips for Better Budgets

Naomi Granger, founder of the National Association of Cannabis Accounting and Tax Professionals, shares key factors for cannabis cultivators and retailers to consider when crafting 2023 financial plans.

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