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New Mexico adult use sales are off to a fast start, with $5.2 million in combined adult use and medical sales in the first three days of the new recreational market being open. Adult use […]
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The Oklahoma legislature is considering no less than 31 bills directly affecting the medical cannabis market in the state. Cannabis businesses may be in for higher expenses if some of the slate of proposed bills […]
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California has recently proposed a set of bills to address issues arising from federal cannabis prohibition, with one measure appearing to be an explicit challenge to the U.S. government’s current stance of simultaneous toleration for […]
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Oregon perhaps exemplifies the cannabis price crash better than other states, in that policymakers have stepped in on multiple occasions in what was understood to be efforts to “fix” the oversupply problem with two license […]
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Repercussions of cannabis oversupply are ricocheting around the industry as cannabis prices remain under pressure across much of the country. Publicly listed companies have been on a buying binge that has resulted in lower stock […]
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The Michigan Marijuana Regulatory Agency (MRA) has issued its January 2022 report detailing sales, licensing, and production data in the state’s adult use and medical cannabis markets. Michigan’s January 2022 combined adult use and medical […]
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The California Department of Tax and Fee Administration (CDTFA) issued data this week on taxable sales and cannabis tax collections for Q4 2021. Taxable sales for Q4 were $1.26 billion, down 2.8% from an upwardly […]
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The Oregon Liquor and Cannabis Commission (OLCC) recently issued sales data for January 2022. Overall sales came in at $83.6 million, 6% lower than the (upwardly adjusted) $89 million figure from December 2021 and down […]
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The Massachusetts Cannabis Control Commission issued adult use retail sales data for January 2022 on its Open Data platform. The state reported sales of $112.6 million in January versus a downwardly revised $127.2 million in […]
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California is arguably the largest legal cannabis market in the world and, as such, lessons might be learned by states that have recently legalized cannabis. The most striking current economic features of California markets are […]
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