Sales Trends

11 States Projected to Be Billion-Dollar Cannabis Markets in 2024

Maryland will be the newest state to join the 10-figure club this year, while three other states are expected to come just shy of the sales mark.

Ohio Cannabis Dispensaries Report $56.5 Million in First 19 Days

The Buckeye State’s retailers have sold nearly $33 million in adult-use cannabis and $23.5 million in medical cannabis since the market expanded.

Arkansans Buying More Medical Cannabis Ahead of Potential Program Expansion

The state’s 37 dispensaries rang up nearly $23 million in July sales, as medical cannabis advocates scramble to collect extra signatures for a ballot measure.

As Predicted, 4/20 Sales Surged During Cannabis Industry Holiday Weekend

Sales on both Friday and Saturday were up significantly, and retailers offered higher discounts to entice customers when compared to previous years.

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.

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.

Massachusetts Cannabis Sales Continue Growth With Record March Revenue

The state’s dispensaries sold 4% more cannabis in Q1 2024 than a year ago as the average flower price continues to trend downward at an all-time low.

Delta-8, Other Hemp-Derived ‘Intoxicants’ Illegal to Sell in Arizona Without Cannabis License, AG Says

State Attorney General Kris Mayes issued a legal opinion that Arizona law does not allow for smoke shops, convenience stores to sell the products.

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.

New California Cannabis Dashboards Shed Light on Harvest Trends, Retail Prices, Sales

The state’s Department of Cannabis Control launched the public data site to provide useful intel for industry stakeholders.

Ohio Patient Demand For Cannabis Flower Explodes Ahead of Adult-Use Launch

Card holders in the Buckeye State purchased nearly 88,000 pounds of flower last year as the average price for a “tenth” dipped to an all-time low.

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.

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