Commercial Cannabis Sales: Page 4

New Mexico’s Adult-Use Cannabis Market Rakes in More Than $300 Million During First Year of Sales

The state’s dispensaries have processed more than 6 million adult-use transactions since the market launched on April 1, 2022.

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.

Virginia Lawmakers Reject Legislation to Launch Commercial Adult-Use Cannabis Sales

The Republican-controlled House of Delegates voted Feb. 14 to kill a bill that would have allowed an adult-use market to launch next year.

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.

The Fire Station Embraces Employee Autonomy and Millennial Culture

Stosh Wasik and Logan Stauber, the owners and CEOs of The Fire Station, reflect on how the Upper Peninsula, Mich., company ensures a positive, empowering work environment.

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.

The Highest Return

To build a viable business and attract the best investments, start by asking the right questions.

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.

Connecticut Will Launch Adult-Use Sales on Jan. 10

The state’s Consumer Protection Department is required to provide a 30-day notice ahead of a retail rollout; nine dispensaries are approved.

Rhode Island Becomes 16th State to Launch Adult-Use Cannabis Sales

Five existing medical cannabis dispensaries were given the green light to begin serving adults 21 and older on Dec. 1.

Rhode Island Will Launch Adult-Use Cannabis Sales on Schedule

Five existing medical cannabis retailers have been approved by the state and will be the first to serve an expanded market on Dec. 1.

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