Cannabis Sales Trends: Page 7

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.

Green Wednesday Third Largest Sales Day of 2022 (So Far)

Cannabis retailers in a seven-state analysis experienced a 48% sales uptick the day before Thanksgiving, thanks to topicals, beverages and edibles.

California Cannabis Sales Hit 9-Quarter Low

The world’s largest legal market has also experienced declining tax revenues for five straight quarters.

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.

Playing Favorites

Factors that influence where cannabis consumers shop often boil down to accessibility.

Michigan Cannabis Trends Persist: Prices Down, Sales Up

The average retail price per ounce of flower dipped below $110 for the first time for adult-use cannabis.

Arkansas Medical Cannabis Sales Hit $200 Million This Year

Patients spent $23.9 million at the state’s 38 licensed dispensaries in September.

Report Shows Satisfaction With Ohio Medical Cannabis Program a Mixed Bag

Although reported satisfaction is higher than in past surveys, prospective and current participants in the program, which recently hit $1 billion in sales, have concerns over pricing and a lack of legal protections.

Illinois Cannabis Sales Continue on Seven-Month Plateau

The state’s 2022 monthly average remains nearly 11% higher than last year.

Nevada Fiscal 2022 Cannabis Sales Just Shy of $1 Billion

Clark County accounted for 78% of the state’s sales for the year.

Maine’s Adult-Use Cannabis Sales Continue to Climb in Second Year

State retailers filed a record $17 million in sales in August, nearly doubling where monthly figures stood at the beginning of the year.

Demand Soars in Michigan as Flower Prices Dip to $116 Per Ounce

August adult-use cannabis sales set a record high mark in the state despite the average retail price for flower hitting an all-time low.

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