Commercial Cannabis Sales: Page 5

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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.

California Cannabis Sales Hit 9-Quarter Low

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

Arkansas Medical Cannabis Sales Top $23 Million in October

The state’s dispensaries sold $23.4 million worth of products last month, putting Arkansas on track for a record year.

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.

New York Governor Says Adult-Use Cannabis Sales ‘Still on Track’ to Launch This Year

Gov. Kathy Hochul told reporters Oct. 5 that the state will still realize its plan to have 20 dispensaries open by the end of 2022.

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.

Total Cannabis Sales in Legacy Markets Show Growth Compared to Pre-COVID

A recent Headset report found that while current year-over-year sales are on a decline, long-term trends show growth in legacy and emerging cannabis markets.

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