Dispensary: Page 28

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.

Oregon Shy of $1 Billion in Cannabis Sales for First Time Since 2019

The state’s average wholesale flower price dropped to $550 per pound in December, while the average retail price dipped to $116 per ounce.

Texas Regulators Now Accepting Applications for New Medical Cannabis Dispensary Licenses

The application window will close April 28, and officials have not indicated how many licenses they will issue.

Connecticut Becomes 18th State to Launch Commercial Adult-Use Cannabis Sales

Individuals 21 years and older in Connecticut can now possess up to 1.5 ounces of flower in public and purchase up to a quarter of cannabis flower, or its equivalent, per transaction.

Inside Klutch Cannabis’ Ohio Expansion Into Retail

Klutch’s The Citizen dispensary location in Lorain, complete with a drive-thru, is set to open this month, and a second store will open in Canton in around the end of March.

11 Tips to Manage Inventory

Experts share strategies to streamline dispensary inventory processes and avoid costly penalties.

Illinois Eliminates Curbside Pickup for Medical Cannabis Patients

The state’s regulatory authority sent out an update Dec. 29 that caught licensed operators by surprise; Green Thumb CEO Ben Kovler plans to fight it.

8 Cannabis Marketing Trends to Look For in 2023

Whether your business is rethinking its marketing strategy for 2023 or looking for new opportunities, here are eight cannabis marketing trends that Laurie Parfitt, CEO of LKP Consulting, anticipates will light up in the new year.

Year-Over-Year Cannabis Sales Shrink for First Time in 5 States

California, Colorado, Nevada, Oregon and Washington faced unprecedented cannabis retail trends in 2022; Michigan is now the nation’s second largest market.

Detroit Announces the Winners of the City’s First 33 Adult-Use Cannabis Dispensary Licenses

The retail licenses were awarded Dec. 22 under Detroit’s revised adult-use cannabis ordinance.

2023 Industry Outlook: Q&A With BDSA’s CEO Roy Bingham

Bingham shares the company’s predictions on where the cannabis industry will head in 2023 based on findings from its fall 2022 cannabis market forecast report.

2022 Recap: Top Cannabis Marketing Trends That Emerged

Laurie Parfitt, CEO of LKP Impact Consulting, dives into top cannabis trends that emerged this year and what opportunities they provide for businesses.

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