Cannabis Sales Trends: Page 6

Illinois Approaches $4 Billion in Cannabis Sales; Out-of-State Numbers Continue to Slip

The Prairie State’s first quarter sales are up 6% over last year despite fewer Missourians crossing the state line to make purchases.

Learn How to Survive the Market Downturn at Cannabis Conference

Claudio Miranda, co-founder and CEO of Guild Enterprises, reflects on Cannabis Conference 2022 and why operators should attend the conference this year.

Illinois Cannabis Sales Take Major Hit on Heels of Missouri Legalization

The Prairie State recorded its lowest percentage of out-of-state sales since its early days of an adult-use market, according to February figures.

What the Cannabis Industry Can Learn From Top California Brands

The California brands that are gaining consumers’ attention—and dollars—the most point to opportunities that still exist in the world’s largest cannabis market.

Colorado Cannabis Sales Take Nosedive; Denver Among Hardest Hit

The 2022 correction came after Coloradans spent more money on adult-use cannabis on a per-capita basis than their legalization peers in 2021.

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.

Colorado, Oregon Face Steepest Cannabis Market Corrections

The two states had the largest sales declines among five adult-use cannabis markets with year-over-year drops.

3 Tips for Cannabis Brands and Retailers to Prepare for the Year’s Top Sales Days

By avoiding stockouts, presenting buyers the right product assortment, and offering value-add discounts, cannabis companies can thrive in the highest volume times of the year.

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.

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.

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