Cannabis Sales Trends: Page 14

Illinois Adult-Use Cannabis Sales Hit New High, Topping $109 Million in March

With recreational sales surpassing $100 million in one month, dispensaries and wholesalers had to adjust daily operations to effectively manage the influx of sales.

Bottlenecked

Many in the industry consider Illinois’ new adult-use market a success, but frustrations linger about supply shortages and licensing delays.

Illinois Adult-Use Cannabis Market Remains in Its Bull Run

January 2021 adult-use sales figures set records for in-state, out-of-state, as well as the number of individual SKUs sold, while patient counts in the medical market continue to be strong.

BDSA Reports Global Cannabis Sales Exceeded $21 Billion in 2020, Forecasts $55.9 Billion by 2026

BDSA forecasts a compound annual growth rate of more than 17% globally.

Does Market Maturity Impact Product Selection?

2020 sales trends reveal consumer preferences across the new to seasoned cannabis adult-use markets of Michigan, Massachusetts and Oregon.

Colorado Cannabis Sales Approaching $10 Billion

According to new data from the Colorado Department of Revenue, 2020 was the highest-selling year for cannabis in Colorado.

Concentrates Sales Are Rising Across U.S. Cannabis Markets. Why?

Sales data suggests a more immersive shopping experience is opening new doors for consumers.

What’s Next for U.S. Cannabis?

West Coast market expansion and product innovation continued despite the pandemic, and momentum is expected to continue into 2021.

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