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Projecting The Future | Cannabis Business Times

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Projecting The Future

Fast Stats 2

June 2, 2022

Fast Stats 2

Looking forward, BDSA predicts New Jersey will become the third-largest contributor to overall U.S. cannabis sales growth by 2026, driven in part by cross-border buying.

Fast Stats Use — Source: BDSA

8th Annual ‘Best Cannabis Companies to Work For’ Now Open for Entries

Vape Sales Dethrone Cannabis Flower for 1st Time in California

How Much Does a Gram, Ounce of Cannabis Flower Cost in 2026?

Kentucky Dispensary Openings on Fast-Track With 1st Processor Approved

Michigan Cannabis Prices Remain Down, Demand Steady in 2026, Despite New Tax

While dispensary sales figures are down slightly over 2025, it’s primarily due to lower flower prices, not lower demand.

Mj Money 42702888

Vape Sales Dethrone Cannabis Flower for 1st Time in California

Cannabis flower is no longer king in the Golden State, where vape products are now the top-selling category in the licensed marketplace.

Vape 291071968

How Much Does a Gram, Ounce of Cannabis Flower Cost in 2026?

California and Michigan have some of the cheapest cannabis prices in the nation, but other states are trending quickly toward consumer-priced markets.

Average Cost Cannabis Flower 2026 Display

Kentucky Dispensary Openings on Fast-Track With 1st Processor Approved

Gov. Andy Beshear said the state can expect to see a ‘significant increase’ in the number of medical dispensaries with the supply chain now fully licensed.

Kentucky Gov. Andy Beshear;

The Top 10 Best-Selling Flower Strains in California in 2025

This sativa-dominant hybrid cross between Blueberry and Haze was the most popular cultivar for the third consecutive year.

California Top10 Strains 2025 Display

Delaware Reports $903K in Cannabis Sales on Opening Weekend

The state’s three-day weekend total included roughly $625,000 in adult-use and $278,000 in medical sales at 14 retail locations.

Mj Money

Falling Cannabis Prices Meant Less Revenue for Arkansas Dispensaries in 2024

The state’s licensed retailers sold 21.5% more pounds of medical cannabis in 2024 than in 2023, but revenue shrank 2.5%.

Arkansas Sales 301711265

Illinois Sets Record $2 Billion in Cannabis Sales in 2024

The Prairie States’ retail market grew 2.5% year-over-year, but sales attributed to out-of-state customers are down 20% since 2022.

Illinois Sales 371005338

New York’s Medical Cannabis Sales Figures Go Unsung in 2024

The state’s 32 medical cannabis dispensaries eclipsed nine figures for the year, pushing the state’s combined sales total close to $1 billion for 2024 alone.

Ny Mmj money 338474719

11 States Projected to Be Billion-Dollar Cannabis Markets in 2024

Maryland will be the newest state to join the 10-figure club this year, while three other states are expected to come just shy of the sales mark.

Adobe Stock

Michigan Dispensaries Set Monthly Sales Record in August, Closing Gap on California

The Wolverine State’s licensed cannabis facilities broke a single month record for revenue and flower pounds sold.

Adobe Stock

24 Adult-Use Dispensary Licenses Still Up for Grabs in Rhode Island via Lottery

Regulators are finalizing rules for a licensing process nearly two years after existing medical cannabis operators expanded to recreational sales.

Adobe Stock

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