Cannabis Retail Price

Michigan Cannabis Retailer Closes 5 Dispensaries, Citing New Tax Burden

Higher Love Cannabis Co. is consolidating its retail operations to four stores in the Upper Peninsula after the state implemented a new 24% tax earlier this year.

Michigan Eclipses $10 Billion in Adult-Use Cannabis Sales

The Great Lakes State finished 2024 with another record-breaking year, as the average retail price for flower dipped below $70 per ounce.

Ohio Dispensaries Ring Up $38.4 Million in Cannabis Sales in First 12 Days

The Buckeye State is now on pace for a $1.2 billion annual run rate for combined adult-use and medical cannabis sales.

Massachusetts Cannabis Sales Continue Growth With Record March Revenue

The state’s dispensaries sold 4% more cannabis in Q1 2024 than a year ago as the average flower price continues to trend downward at an all-time low.

California’s Adult-Use Cannabis Market Eclipsed $5.1 Billion in ‘Taxable Sales’ in 2023

The state’s tax department released year-end figures showing a 4.7% year-over-year decline.

Ohio Patient Demand For Cannabis Flower Explodes Ahead of Adult-Use Launch

Card holders in the Buckeye State purchased nearly 88,000 pounds of flower last year as the average price for a “tenth” dipped to an all-time low.

Rescheduling, Legalization Prospects Top CBT's Most-Read Articles in January

Here are Cannabis Business Times’ top 10 stories this month.

How Much Did an Ounce of Cannabis Flower Cost in 2023?

While average prices per ounce hit rock bottom in some states this past year, prices in other markets remain relatively high despite comparable maturities.

New Jersey Dispensaries Break Quarterly Cannabis Sales Record

The state’s growing number of licensed retailers reported more than $206 million in cannabis sales for the third quarter.

Michigan’s 4-Year Adult-Use Sales Anniversary: A Visual Recap

MSO Parallel to Shut Down Goodblend Operations in Pennsylvania; 76 Workers Impacted

The vertically integrated cannabis company is exiting the state’s medical market entirely.

Colorado’s Next Chapter

Still struggling amid market challenges, state cannabis operators say they hope the worst is behind them and are focused on strategies for a brighter future.

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