Tag: CBT > Business Issues/ Benchmarks > Commercial Cannabis Sales: Page 5

Finance

California Cannabis Sales Hit 9-Quarter Low

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

November 21, 2022

Arkansas

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.

November 15, 2022

Michigan

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.

October 14, 2022

New York

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.

October 7, 2022

Legislation and Regulation

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.

October 6, 2022

Illinois

Illinois Cannabis Sales Continue on Seven-Month Plateau

The state’s 2022 monthly average remains nearly 11% higher than last year.

October 5, 2022

Colorado

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.

October 4, 2022

Nevada

Nevada Fiscal 2022 Cannabis Sales Just Shy of $1 Billion

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

October 4, 2022

Legislation and Regulation

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.

September 28, 2022

Maine

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.

September 22, 2022

Michigan

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.

September 15, 2022

International

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.

September 13, 2022