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

Arizona

Up or Down? A Look at Sales So Far in Adult-Use Cannabis States

Midyear reports are out. Here’s a look at year-over-year cannabis sales in adult-use states.

August 20, 2023

Michigan

Michigan Now on Pace to Become $3-Billion Cannabis Market in 2023

State licensed dispensaries smashed the monthly sales record with $277 million at the register in July as flower prices climbed.

August 11, 2023

New York

New York’s First Adult-Use Cannabis Retailer Garners $12 Million in Sales During First Six Months

Nonprofit Housing Works Cannabis Co. is using the proceeds to continue advancing community goals and life-saving initiatives for New Yorkers in need.

July 31, 2023

International

Uruguay Reports 10.7 Million Grams of Cannabis Sold in Six Years of Legalization

The South American country was the first to legalize cannabis in the modern era, but its government retains tight control over production and use.

July 26, 2023

Pennsylvania

MSO Parallel to Shut Down Goodblend Operations in Pennsylvania; 76 Workers Impacted

The vertically integrated cannabis company is exiting the state’s medical market entirely.

July 21, 2023

Massachusetts

Massachusetts Cannabis Retailers Report $152 Million in June: Seventh-Highest Month on Record

The average retail price per gram for adult-use flower sank to an all-time low in the Bay State.

July 13, 2023

Cannabis Sales Trends

Oil Day 2023: What to Expect on This Niche Cannabis Holiday

Headset data analyst Mitchell Laferla provides perspective on sales boosts, product trends and the significance of July 10 (Oil Day) for the industry.

July 7, 2023

Maryland

Maryland Rings Up $10.4 Million in Cannabis Sales on Opening Weekend of Legalization

The Free State is off to a quick start with 94 existing medical dispensaries converting to adult-use sales for opening day.

July 5, 2023

New Jersey

New Jersey Medical Cannabis Sales Fading Quicker Than Adult-Use Sales Grow

The state’s licensed retailers sold more than $179 million of cannabis during the first three months of 2023, a decline from the previous quarter.

June 26, 2023

State of the Cannabis Cultivation Industry

2023 State of the Cannabis Cultivation Industry Research

The cannabis economy’s ups and downs can feel like a seesaw, and operators continue to chase profitability. But this year’s research uncovered notable positive takeaways.

June 2, 2023

Rhode Island

New York Cannabis Sales Hiding in Shadows of Connecticut, Missouri, Rhode Island, Vermont (and Illicit Market)

Despite 19.5 million residents, the Empire State is falling behind its legalization peers that recently launched adult-use sales.

May 24, 2023

California

California’s Cannabis Tax Revenue Sinks to 13-Quarter Low; Excise Tax Reporting Shifts

Licensed operators have provided nearly $4.9 billion in total tax revenue to the state since adult-use sales launched in 2018.

May 24, 2023