Some parts of California unaffected by cannabis sales slump
While overall cannabis sales have been falling in California since early 2021, some areas of the state are breaking the trend.
While overall cannabis sales have been falling in California since early 2021, some areas of the state are breaking the trend.
With almost four times the population of Michigan, California’s regulated marijuana market should be comfortably outselling Michigan. But it’s not.
The number of active U.S. cannabis business licenses fell 6% during the first quarter of 2024, according to CRB Monitor, a cannabis intelligence firm.
The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, about 12% more than last year, according to analysis from the newly released MJBiz Factbook.
Florida lawmakers have approved a wide-ranging bill that critics contend could destroy the state’s hemp market.