Commercial Cannabis Sales: Page 5

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.

Nevada Fiscal 2022 Cannabis Sales Just Shy of $1 Billion

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

3 Vermont Dispensaries to Begin Adult-Use Sales at Their Discretion

There’s nothing specifically saying the licensed businesses must wait until Oct. 1, state regulator says.

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.

BDSA Reports Global Cannabis Sales Will Grow 10% in 2022; Forecasts $57 Billion Market by 2026

Despite an inflationary environment, U.S. cannabis sales are expected to reach $27 billion by the end of 2022, a jump of 7% over 2021 sales.

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