Tag: CBT > Business Issues/ Benchmarks > Cannabis Sales Trends

Arkansas

Falling Cannabis Prices Meant Less Revenue for Arkansas Dispensaries in 2024

The state’s licensed retailers sold 21.5% more pounds of medical cannabis in 2024 than in 2023, but revenue shrank 2.5%.

February 6, 2025

Michigan

Michigan Eclipses $10 Billion in Adult-Use Cannabis Sales

The Great Lakes State finished 2024 with another record-breaking year, as the average retail price for flower dipped below $70 per ounce.

January 13, 2025

Top Stories

Michigan Dispensaries Break $3 Billion Annual Sales Record, 103K Pounds Monthly Flower Record

The records come as the state’s average retail price per ounce dropped to another all-time low in November.

December 17, 2024

Top Stories

Cannabis 2024 Election Previews, Harris’ Legalization Platform Lead CBT’s Top Stories in October

Twenty-one states’ dispensary sales and California’s embargo of KUSH-manufactured products were also among the most-read articles this month.

October 30, 2024

Top Stories

Ohio Adult-Use Cannabis Sales Top $98 Million in First 2 Months

The average dispensary is recording nearly $22,000 in adult-use and medical cannabis sales per day—a rate of roughly $8 million per store per year.

October 9, 2024

Arizona

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.

September 16, 2024

California

Michigan Dispensaries Set Monthly Sales Record in August, Closing Gap on California

The Wolverine State’s licensed cannabis facilities broke a single month record for revenue and flower pounds sold.

September 11, 2024

Rhode Island

24 Adult-Use Dispensary Licenses Still Up for Grabs in Rhode Island via Lottery

Regulators are finalizing rules for a licensing process nearly two years after existing medical cannabis operators expanded to recreational sales.

September 11, 2024

Vendor News

Custom Cones USA Report Reveals Pre-Roll Industry Generated $4.1 Billion in Sales Over 18 Month

The company partnered with industry intelligence provider Headset to provide insights into the current state of the pre-roll market.

September 3, 2024

Ohio

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.

August 28, 2024

Arkansas

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.

August 26, 2024

Ohio

Ohio Dispensaries Ring Up $38.4 Million in Cannabis Sales in First 12 Days

The Buckeye State is now on pace for a $1.2 billion annual run rate for combined adult-use and medical cannabis sales.

August 20, 2024