While the COVID-19 pandemic continues to dampen adult-use marijuana sales in most U.S. markets, Washington state experienced its strongest month of cannabis sales yet – highlighting the diversity of legal markets.
Eli McVey
Eli McVey's Latest Posts
Chart: Coronavirus takes its toll on March adult-use marijuana sales
Recreational marijuana sales in four key markets decelerated in March as the COVID-19 crisis continues to disrupt both the cannabis industry and the broader U.S. economy. According to point-of-sale data provided by Seattle-based Headset,...
Recreational cannabis sales in three key markets still falling after initial coronavirus-related spike
Despite a couple of temporary sales spikes in recent weeks, adult-use cannabis sales in California, Colorado and Washington state are all suffering from the economic fallout surrounding the coronavirus pandemic. According to point-of-sale data...
Chart: Coronavirus prompts shift in US adult-use marijuana product sales
Edibles sales have surged in the wake of coronavirus concerns, coming largely at the expense of pre-rolled joints, and – to a lesser extent – concentrates and topicals.
Adult-use cannabis retailers take stock of inventory, encourage online orders as sales surge during coronavirus pandemic
Recreational marijuana retailers throughout several markets in the U.S. saw a dramatic spike in sales in recent days, according to new data, an unambiguous sign that the coronavirus pandemic is prompting consumers to stock up on products. The...
Chart: Montana medical marijuana patient count continues rapid growth
Montana’s medical cannabis program – already one of the largest in the nation on a per capita basis – posted year-over-year, double-digit patient count growth in January.
Chart: Arizona’s medical marijuana market marches forward in 2019 with more patients, higher sales
Continual, steady growth has characterized Arizona’s medical marijuana market for the past few years, and 2019 was no exception.
Chart: More consumers boost Colorado’s recreational marijuana market in 2019
Sales of adult-use cannabis in Colorado eclipsed $1.4 billion in 2019, a record for the state that likely was propelled by new customers entering the market. Recreational marijuana sales were up 16% in 2019, marking the first time that sales growth accelerated from...
Chart: Good – not great – first year of medical cannabis sales in Ohio
Ohio’s medical marijuana industry pulled in nearly $60 million in its first year of sales, with increased access to dispensaries and falling prices making up for the market's sluggish start. Roughly 50% of the state's total medical marijuana sales came in the last...
Chart: Illinois’ new adult-use marijuana market to attract fierce competition
The start of the new year will launch a flurry of activity for Illinois’ recreational cannabis industry, a sizable new market that will unleash stiff competition for business licenses and could eventually reach $2.5 billion in annual sales. On Jan. 1, recreational...
Chart: Cannabis industry, MJBizCon continue growth trends
Fueled by continued growth in the cannabis industry – both domestically and internationally – the number of attendees, exhibitors and exhibition space at MJBizCon 2019 reached all-time highs.
Chart: First year of adult-use cannabis sales in Massachusetts doesn’t disappoint
Massachusetts’ recreational marijuana industry recorded nearly $400 million in its first full year of sales, a strong initial sum given the dearth of retail stores throughout the state.
