Tag: CBT > Business Issues/ Benchmarks > Cannabis Sales Trends: Page 2

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

Cannabis Sales Trends

Cannabis Beverage Sales Growth Slower Than Edibles Sales Growth

While daily cannabis consumption now outpaces daily consumption of alcoholic beverages in the U.S., cannabis beverages continue to comprise a small percentage of the overall market.

June 13, 2024

Cannabis Sales Trends

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.

May 17, 2024

Michigan

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.

May 15, 2024

Cannabis Sales Trends

High Tide Reports Nearly CA$2 Million in Cannabis Sales on 4/20

The Canadian cannabis company experienced a 35% increase in total sales across all retail platforms from the previous Saturday.

April 23, 2024

Cannabis Sales Trends

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.

April 16, 2024

Massachusetts

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.

April 9, 2024

Cannabis Sales Trends

Blurred Lines: Is This Hemp or Weed?

The emergence of the hemp-derived cannabinoid market is creating consumer confusion and raising critical questions about safety and market fairness.

April 5, 2024

Cannabis Sales Trends

How Do US Hemp-Derived Cannabinoid Sales and Craft Beer Sales Compare?

The U.S. hemp-derived cannabinoid market is “conservatively” estimated to be $28.4 billion, according to Whitney Economics’ “2023 National Cannabinoid Report,” making the market size the same as the 2022 craft beer market.

April 2, 2024

Cannabis Sales Trends

Whitney Economics Forecasts US Regulated Cannabis Sales to Top $31.4 Billion in 2024

The industry data and research firm also forecasts U.S. cannabis sales to grow to $67 billion by 2030 and $87 billion by 2035.

March 20, 2024