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January 20, 2023
Blog

Are Delta-8 THC Sales Damaging the Legal Cannabis Market? How about $2 billion in delta-8-THC sales over the last 24 months?

Delta-8 THC products have gained significant popularity as an alternative to traditional marijuana in recent years, with sales exceeding $2 billion. A recent report from the Bright

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January 6, 2023
Blog

Adult cannabis in Massachusetts will reach nearly $4 billion in 2022

The Massachusetts CCC report shows that between January 1 and December 18, 2022, the state raised $1.42 billion in adult sales. In a sales breakdown by month, the state amassed a f

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December 16, 2022
Blog

The industrial hemp market will reach $18.1 billion in five years

Information gathered in Research and Markets’ Global Hemp Market by Type report, which analyzes the numerous uses of hemp as textile, food, building material and more. The re

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November 8, 2022
Blog

This State Is On Track To Beat Its $1.3 Billion Record Sales Year

By John Schroyer Recreational cannabis in Illinois continues to boom, with sales in October this year surpassing $131 million, according to state data. Sales continue to grow annu

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November 4, 2022
Blog

Legislative report projects $72 billion cannabis industry by 2030

A new legislative report presented to Maryland lawmakers this week projects that the statewide legal cannabis market could grow to $72 billion per year by 2030, more than double th

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October 5, 2022
Blog

The cannabis industry in Nevada is nearly $1 billion in annual sales

The cannabis industry in Nevada had taxable sales of more than $965 million in fiscal 2022, down slightly from sales of $1 billion a year earlier. The regulated sale of marijuana h

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September 15, 2022
Blog

The BDSA report projects $57 billion in global cannabis sales by 2026

A report released by cannabis data company BDSA predicts that global cannabis sales will reach $57 billion by 2026 – up from the $30 billion in global cannabis sales achieved

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September 13, 2022
Blog

Global cannabis sales will increase to $57 billion, but depends on new markets

As Prohibition reverses an ugly grip on cannabis, the new market is thriving. BDSA is an analytics company that tracks the industry across a vast point-of-sale network. A recent re

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August 31, 2022
Blog

The California Department of Cannabis last year announced seizures of $1 billion worth of illegal marijuana

The DCC announced on August 25 that it had officially seized more than $1 billion worth of illegal cannabis. The department attributes this milestone to recent raids conducted in L

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August 30, 2022
Blog

THCV: The merger of two 21st century billion dollar industries

Through Lydia Karuki Weight loss is a billion dollar industry with Americans spending a staggering $33 billion on products each year. While the industry was valued at $250 billion

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August 5, 2022
Blog

$10.4 billion in tax revenue from legal cannabis sales, but where is all that money going?

The financial aspect of the cannabis industry is certainly getting a lot of attention lately, and it’s easy to see why. As the industry grows at an amazing rate, many states

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June 7, 2022
Blog

Reports show that the cannabis tourism industry is worth $17 billion

The cannabis tourism industry is reportedly valued at $17 billion and could grow rapidly post-COVID. A report published in Forbes states that 50% of Millennials believe that access

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May 22, 2022
Blog

Can you guess which state’s marijuana sales just surpassed the $3 billion mark?

Of Fermin Organambide Adult marijuana sales in Massachusetts have officially surpassed $3 billion, according to the state’s Cannabis Control Commission. According to the agen

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May 16, 2022
Blog

Aurora Cannabis Net Loss Of $1 Billion – Cannabis News, Lifestyle

Aurora Cannabis announced net losses of $1 billion for the third quarter. They will close their Aurora Sky facility in Edmonton and two others in British Columbia. Aurora says the

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April 8, 2022
Blog

States made more than 3.7 billion pot sales last year

States that have legalized the sale of adult-use recreational cannabis collectively generated more than $3.7 billion in revenue last year, according to a new report from the Mariju

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April 7, 2022
Blog

Legal States raised nearly $4 billion in legal marijuana revenue in 2021

A new report reveals some big numbers when it comes to cannabis tax revenue generated by legal weed states, which took in more than $3.7 billion in 2021. This is an increase of 34%

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March 5, 2022
Blog

Weed to End Wars – Did Vladimir Putin underestimate over a billion people using cannabis in the last decade?

A funny thing happened en route to Russia’s invasion of Ukraine, a country they expected would take control with little combat and, some predicted, in less than 72 hours. The

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March 3, 2022
Blog

Cannabis sales are expected to reach $33.6 billion by 2025

Cannabis is now legal for recreational use in New York, Virginia, New Mexico and Connecticut Following the legalization of cannabis in 2020 in US states such as Montana, Arizona, N

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February 23, 2022
Blog

Arizona residents love their weed: cannabis sales to hit $1.4 billion in 2021

By Nina Zdinjak Grand Canyon state set another marijuana sales record when residents spent more than $1.4 billion on cannabis in the first year after voters approved recreational c

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January 25, 2022
Blog

Arizona cannabis will generate over $1 billion in revenue in 2021

Cannabis is officially a billion dollar business in the state of Arizona. Grand Canyon state voters passed a measure in the 2020 vote that made recreational cannabis legal for adul

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