Cannabis Retail Price: Page 2

Dispatches From the Failing Cannabis Economy

Cannabis operators from across the U.S. foresee a tough year ahead, but they are controlling and adjusting what they can to stay afloat.

Outstanding Debt Between Cannabis Licensees Must be Paid, Colorado Regulators Warn

The state’s Marijuana Enforcement Division issued a bulletin clarifying contract enforceability after a series of ignored industry invoices.

Colorado Operators See 'Bubble Deflating' as Cannabis Prices Continue to Fall

Licensed cultivators and retailers making painful cuts or ceasing operations as cannabis prices and revenues keep declining.

SNDL Initiates Mass Layoff in Cost-Saving Measure in Alberta

The company’s headcount reduction includes roughly 85 employees as it expects to report record net revenue and net cash for Q4 2022.

Massachusetts Cracks $5 Billion in Total Cannabis Sales

The state’s consumer demand is still growing faster than prices are falling, but that gap closed significantly in 2022.

Michigan Smashes Cannabis Sales Record at $2.3 Billion in 2022

Now the nation’s second largest cannabis market, Michigan’s demand continues to skyrocket as the average flower price sinks to $91 per ounce at retail.

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.

How High Tide Became the ‘Costco of Cannabis’

Raj Grover, president, founder, and CEO of High Tide, dives into how the company has grown consistently and become a leader in the Canadian cannabis market through its differentiated retail approach.

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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