New Mexico reports record cannabis sales of $52 million in March
New Mexico set a monthly record for recreational and medical cannabis sales with more than $52 million in March.
New Mexico set a monthly record for recreational and medical cannabis sales with more than $52 million in March.
Retail sales of legal adult-use cannabis in Canada tumbled by 11.5% from December to January, totaling 400.1 million Canadian dollars ($294.2 million).
Canadian cannabis retailer High Tide reported break-even net income and positive free cash flow in its financial results for the first quarter of fiscal 2024.
Cannabis retailers in Minnesota selling product before the state officially launches legal adult-use marijuana sales risk getting a $1 million fine and jeopardizing their chances of getting MJ business licenses when they become available later.
Adult-use cannabis sales in Virginia would finally begin in May 2025 under a compromise proposal that advanced in the state’s Democratic-controlled General Assembly.
Canadian recreational cannabis sales were worth 5.07 billion Canadian dollars ($3.8 billion) in 2023, an increase of 12.2% compared to 2022, according to government retail sales data released Thursday.
Delaware’s launch of adult-use cannabis sales has been pushed back to 2025.
Canadian cannabis producer Canopy Growth on Friday reported a shake-up to its board of directors, a lower third-quarter loss and a “singular focus” on marijuana.
Massachusetts cannabis sales broke records in 2023 for the sixth year in a row, and December was the best month ever.
Cannara Biotech, a vertically integrated cannabis producer based in Montreal, reported record sales of 19.5 million Canadian dollars ($14.6 million) for the three-month period ended Nov. 30.
Sales of medical cannabis in Ohio’s tightly restricted market appear to have peaked, as lawmakers continue to stall the launch of the state’s recently legalized adult-use marketplace.
Retail sales of recreational cannabis totaled 412.1 million Canadian dollars ($305.8 million) in November, a decline of 6.2% from October.