Colorado cannabis sales on track to drop below 2022 levels
Colorado marijuana sales are forecast to be 12% lower in 2023 than last year, based on sales data collected so far this year by the Department of Revenue.
Colorado marijuana sales are forecast to be 12% lower in 2023 than last year, based on sales data collected so far this year by the Department of Revenue.
Maryland marijuana retailers sold nearly $21 million in medical and recreational cannabis products combined in the state’s first week of adult-use sales.
The prospect of commercial cannabis sales in Virginia is officially off the table as long as Gov. Glenn Youngkin remains in power.
Colorado’s regulated cannabis industry suffered its “worst 4/20 in five years,” according to the Marijuana Industry Group, citing a roughly 14% decline in April marijuana sales from the same month last year.
Consumers in Canada spent 1.3% more on legal recreational cannabis in April compared to March, for total monthly sales worth 411.7 million Canadian dollars ($313 million).
First-quarter cannabis sales in California slid to $1,249,584,223, the lowest quarterly total since the onset of the COVID-19 pandemic, according to the latest statistics from the state’s Department of Tax and Fee Administration.
Regulated adult-use marijuana sales in New York state have surpassed $16.5 million since the first dispensary opened in December, state regulators said last week.
Consumer sales of recreational cannabis products rose in every Canadian province in March 2023, according to newly released data by Statistics Canada.
Australia’s medical cannabis industry continues to experience brisk growth in patients and sales, and experts say the market could even surpass Canada’s medical sector this year.
Medical cannabis dispensaries in Georgia are expected to open within weeks, nearly eight years after lawmakers first approved an MMJ program.
February sales of regulated recreational marijuana in Canada declined roughly 7.5% from January, totaling 365.7 million Canadian dollars ($270 million) for the month, according to new retail sales data released Friday by Statistics Canada.
Technology platform Dutchie, which provides point-of-sale hardware for cannabis retailers across the United States, reported interruptions and outages on Thursday – the unofficial marijuana holiday 4/20 and one of the biggest sales days of the year in the industry.