Rhode Island adjusts months of cannabis sales data, report says

Rhode Island regulators have adjusted cannabis sales figures from several monthly reports dating to the launch of adult-use retail in late November.

Canadian cannabis sales rise in August, surpassing CA$3 billion in 2023

Canada’s recreational cannabis industry continued to experience steady monthly growth this year, with sales in August rising to 464.2 million Canadian dollars ($339 million), or a 4% increase over July, according to the latest data released by Statistics Canada.

Tilray narrows loss to $56 million on record cannabis sales

Canadian cannabis producer Tilray Brands narrowed its loss to $56 million ($77 million Canadian dollars) in the first quarter on record sales of $177 million, the company said in its financial results for its first quarter of fiscal year 2024.

August cannabis sales reach $24.9M in Connecticut and $21.6M in Maine

Connecticut and Maine both posted modest marijuana sales increases in August, according to the latest state data.

A 3rd Native American tribe in Minnesota establishing adult-use cannabis sales

The Leech Lake Band of Ojibwe has established a framework to launch an adult-use cannabis retail program on its tribal lands in rural Minnesota.

Arizona adult-use and medical cannabis sales drop again in May

Arizona’s adult-use and medical cannabis sales declined again in May.

Arkansas medical cannabis sales hit $23.2 million in July

Arkansas medical cannabis sales are still on track for a record-breaking year after transactions in the state reached $23.2 million in July.

Mississippi’s medical cannabis sales eclipse $4.4 million in July

Medical cannabis retailers in Mississippi sold $4.4 million worth of products in July, up 15.3% from June, according to state data provided to MJBizDaily.

Canadian recreational cannabis sales jump 12% in June to CA$426 million

Sales of Canadian recreational cannabis jumped to 426.6 million Canadian dollars in June ($316.7 million), a year-over-year increase of 12%.

Canopy repeats going concern doubts amid falling cannabis sales

Canopy Growth Corp. reiterated doubts about its ability to stay afloat when the Canadian cannabis producer reported its fiscal 2024 first-quarter results.

New York adult-use operator reports $12 million in cannabis sales in 6 months

Housing Works Cannabis Co., the first adult-use retailer to open in New York, generated about $12 million in sales in the first six months of operations.

Canadian adult-use cannabis sales edge up to CA$415.6M in May

Canada’s regulated recreational marijuana retailers sold 415.6 million Canadian dollars ($314.7 million) worth of cannabis in May, a 1.2% increase over April, with the province of Quebec posting the largest monthly gain.