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Cannabis Sales Trends Since 2015

How the legal U.S. market has changed and projections for the future

January 10, 2020
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California County to Lower Cannabis Cultivation Tax as Outdoor Flower Price Drops to $277 Per Pound
The tax rate per square foot is set to decrease for outdoor, indoor and mixed-light cultivation in Sonoma County’s unincorporated areas; retail tax will increase.
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MSO Parallel to Shut Down Goodblend Operations in Pennsylvania; 76 Workers Impacted
The vertically integrated cannabis company is exiting the state’s medical market entirely.
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Colorado’s Next Chapter
Still struggling amid market challenges, state cannabis operators say they hope the worst is behind them and are focused on strategies for a brighter future.
From left: Rich Kwesell, Strawberry Fields; Amy Andrle, L'Eagle Services; and Lance Savage, Clarity Gardens
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.
Daniel Sumner, co-author of “Can Legal Weed Win? The Blunt Realities of Cannabis Economics.” The words surrounding his image are quotes from industry stakeholders interviewed as part of this series of articles on the economic downturn.
California Cannabis Operators in Peril as American Dream Turns to Nightmare
Despite serving time in federal prison, Huckleberry Hill Farms owner John Casali said California’s regulated market has become more stressful than the illicit.
Huckleberry Hill Farms owners John Casali and Rose Moberly in Humboldt County, Calif.
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.
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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.
Los Suenos Farm in the fall of 2020.
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.
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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.
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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.
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Oregon Cannabis Prices Swing From Pandemic Peaks to Record Lows
Falling market values for wholesale and retail show no signs of rebounding in the wake of a licensing moratorium.
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New Study Finds Keeping or Eliminating California’s Cannabis Cultivation Tax Yield Similar Revenues
The Reason Foundation’s analysis comes as the state’s Department of Cannabis Control picks up momentum on retail licensing.
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