Marijuana Industry Statistics, Data and Charts

Illicit cannabis sales in Canada decline after legalization

Early sales of regulated adult-use cannabis chipped away at the illicit market in the final quarter of last year – the first period of legal recreational cannabis sales – with black market purchases declining 8% in the October-December period, according to fresh data from Statistics Canada. Legalization came into force in mid-October. Illicit cannabis sales declined from […]

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Chart: Adult-use marijuana sales spike 7% on Valentine’s Day

Valentine’s Day isn’t just an opportunity to express love, it’s also an opportunity to spend – a trend that is reflected in retail marijuana expenditures in several adult-use markets. The National Retail Federation (NRF) estimated that total 2019 spending on Valentine’s Day gifts in the United States would exceed $20 billion, making the holiday No. 3 […]

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Chart: Most California municipalities ban commercial cannabis activity

Two-thirds of California municipalities prohibit marijuana businesses from setting up shop, underscoring the hurdles MJ entrepreneurs face in trying to break into the world’s largest legal cannabis market. Only 161 of California’s 482 municipalities and 24 of the 58 counties have opted to allow commercial cannabis activity of any sort, according to data from CannaRegs, […]

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Legal recreational marijuana diverts $22 million from Uruguay’s black market

Despite supply challenges that have limited access, Uruguay has diverted roughly $22 million of cannabis sales away from the illicit sector and into the regulated market, according to a recent report by the country’s cannabis regulatory agency. Under the South American country’s policy – implementation has been slow since its 2013 passage – adult residents have three […]

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Chart: Despite product shortages, New Mexico medical marijuana program posts significant growth in 2018

(This story has been updated to clarify that the tabled bill would have allowed recommendations for cannabis, not prescriptions.) New Mexico’s medical marijuana program continues to grow at a blistering pace, even as supply shortages and high prices plagued the industry during 2018. The state added more than 19,000 patients in 2018 – a 41% […]

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Chart: Hawaii’s medical marijuana program on the rise, and out-of-state patients are on horizon

Hawaii’s medical marijuana patient rolls continue to grow, rising 17% in 2018, with the vast majority of adults in the program seeking relief from severe pain. More than 20,000 patients 18 and older, or 85%, reported severe pain as a qualifying condition for MMJ treatment. Among those adults, severe pain was followed by persistent muscle […]

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What cannabis shortage? Canada has ‘sufficient supply,’ Ottawa says

Canada’s federal government says the country has more than enough legal cannabis to meet demand even as some provinces complain about shortages. “The data is clear: There remains sufficient supply to meet and exceed existing demand,” Bill Blair, Canada’s minister in charge of marijuana, said Wednesday via Twitter after receiving queries from Marijuana Business Daily. […]

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Chart: US-affiliated medical cannabis firms led fundraising on Canadian Securities Exchange in 2018

U.S.-affiliated medical cannabis companies dominated Canadian Securities Exchange (CSE) fundraising in 2018, raising nearly $2 billion through 50 equity-related deals. As of December 2018, 47% of the 124 cannabis-related companies trading on the CSE were based in the United States or had U.S. assets or interests. Cannabis-related companies in the life sciences sector – which […]

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Half of Canada’s cannabis cultivation applicants in limbo

More than half of the cannabis site applications in Canada had not transitioned to the new licensing system as of the end of 2018, meaning their applications are effectively in regulatory limbo and not being scrutinized by the country’s cannabis regulator. Only 409 of the 839 cannabis site applications in the queue to be cannabis cultivators […]

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British Columbia, Ontario at bottom of per-person legal cannabis sales

Provinces with more physical cannabis stores saw significantly higher per-person sales in the six weeks after Canada’s legalization of recreational marijuana, according to new data from Statistics Canada – an indication that consumers have a strong preference to buy their cannabis offline. British Columbia – the province with the biggest underground cannabis economy – reported […]

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