Nevada Cannabis Market Update: December growth slowed; coronavirus likely to have major impact

Nevada released its sales data for December, and while still solid, the growth rate softened a bit.

The month-to-month growth rate looks relatively stable, but you have to look at the growth rate from the same month in the previous year to get more context.

More importantly, we expect to see a large negative impact for two of the largest cannabis retail locations in Las Vegas, Planet13 and Tryke (the latter is set to be acquired by Cresco Labs).

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