Commercial Cannabis Sales: Page 2

Michigan’s Adult-Use Cannabis Sales Up 21% From Last Year

The nation’s second-largest market reported nearly $1.1 billion in sales through the first four months of 2024.

4/20 Deals and Events: Times Square, Comedy Shows and Consumption Lounge Parties

A roundup of some of the promotions cannabis companies have planned to celebrate the industry holiday, which falls on a Saturday this year.

This Year’s 4/20 Poised to Be the Biggest Yet

With the cannabis industry holiday falling on a Saturday and more adult-use markets online than ever before, analysts predict sales will soar above 2023’s strong performance.

Those Who Think Virginia Governor Will Sign Cannabis Bill ‘Must’ve Been Smoking Something’

Gov. Glenn Youngkin finally came out and gave a concrete answer as to whether his pen will land on an adult-use sales bill.

Whitney Economics Forecasts US Regulated Cannabis Sales to Top $31.4 Billion in 2024

The industry data and research firm also forecasts U.S. cannabis sales to grow to $67 billion by 2030 and $87 billion by 2035.

Tension Between Virginia Governor, Senate Could Deal Defeat to Cannabis Sales Bill

Gov. Glenn Youngkin appears less likely to sign the legislation after state lawmakers blocked his effort to build a professional sports arena.

BDSA Forecasts Global Legal Cannabis Sales to Hit $58 Billion in 2028

The cannabis market intelligence company projects that U.S. sales will account for nearly 80% of that global market share.

Ohio Adult-Use Dispensary Licenses to be Issued by Sept. 7

Pending any legislative changes, the state’s regulators will approve provisional licenses for existing medical operators to begin sales.

Virginia Senate Committee Approves Proposal to Create Commercial Adult-Use Cannabis Market

The Senate Rehabilitation and Social Services Subcommittee on Cannabis considered two competing measures and ultimately advanced Sen. Aaron Rouse’s Senate Bill 448 after merging it with Sen. Adam Ebbin’s Senate Bill 423. It then passed in committee.

Illinois Celebrates 3rd Year of Record Adult-Use Cannabis Sales Growth

Adult-use cannabis sales exceeded $1.6 billion in 2023, setting an annual record.

Virginia Lawmakers Make Renewed Push to Launch Commercial Adult-Use Cannabis Market

Lawmakers in the House and Senate have introduced legislation that would pave the way for regulated adult-use sales nearly three years after former Gov. Ralph Northam signed a legalization bill.

New Jersey Dispensaries Break Quarterly Cannabis Sales Record

The state’s growing number of licensed retailers reported more than $206 million in cannabis sales for the third quarter.

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