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Cannabis Sales Trends

How Big Is the U.S. Market for Delta-8 THC and Other Intoxicating Hemp-Derived Cannabinoids?

Data from Brightfield Group shows the market may be bigger and growing faster than you might think.

March 6, 2024

Cannabis Sales Trends

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.

March 6, 2024

California

California’s Adult-Use Cannabis Market Eclipsed $5.1 Billion in ‘Taxable Sales’ in 2023

The state’s tax department released year-end figures showing a 4.7% year-over-year decline.

February 27, 2024

California

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.

February 21, 2024

Ohio

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.

January 26, 2024

Massachusetts

Massachusetts Dispensaries Ring Up Record $1.8 Billion in 2023 Cannabis Sales

The state’s retail market growth stalled during its fifth full year of legalization as the average price per ounce dipped to an all-time low.

January 24, 2024

Illinois

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.

January 16, 2024

Michigan

Michigan Caps Off $3 Billion Year in Cannabis Sales With Record-Breaking December

The state’s licensed dispensaries sold nearly 1 million pounds of cannabis flower in 2023 at an average cost of $92 per ounce to consumers.

January 16, 2024

Colorado

How Much Did an Ounce of Cannabis Flower Cost in 2023?

While average prices per ounce hit rock bottom in some states this past year, prices in other markets remain relatively high despite comparable maturities.

December 30, 2023

Connecticut

How the Nation’s 6 Newest Adult-Use Cannabis Markets Performed in 2023 (With Projections for 2024)

New York took a backseat to Missouri and Maryland, while Connecticut, Rhode Island and Vermont got their adult-use feet wet.

December 28, 2023

Maryland

Maryland Breaks Monthly Adult-Use Sales Record; On Pace for $1.1 Billion in 2024

The state’s retail market will nearly double when cannabis regulators award social equity licenses from an application period that just closed.

December 13, 2023

New Jersey

New Jersey Dispensaries Break Quarterly Cannabis Sales Record

The state’s growing number of licensed retailers reported more than $206 million in cannabis sales for the third quarter.

December 8, 2023