Cannabis Market Crash Fallout – Cities and communities brace for falling tax revenues from weed sales
The expected drop in tax revenue from cannabis sales in cities like San Diego is a concern for city officials, who are bracing for a significant budget cut. As California’s r
The latest report suggests adult cannabis sales growth of up to $50.7 billion by 2028
Brightfield Group recently released its US Cannabis Market Forecast on Feb. 16, which compares cannabis sales in 2022 to five-year sales forecasts between 2023 and 2028. According
Super Bowl Sunday weed sales drop in 2023
An estimated 113 million viewers tuned in to Super Bowl LVII to see if the Philadelphia Eagles or the Kansas City Chiefs would win this year (the second most-watched since Super Bo
How to use lead scoring to increase sales
In order for a company to maximize sales and profits, the sales team must allocate their time strategically. Lead scoring is one of the most effective ways to allow any salesperson
Connecticut AG is suing five retailers over Delta 8 sales
Connecticut Attorney General William Tong announced Thursday that his office is suing five retailers for alleged violations of the Connecticut Unfair Trade Practices Act related to
Missouri tops $12 million in marijuana sales during opening weekend
The numbers are in: The Missouri Department of Health and Human Services today gave its first look at how well Show-Me’s state’s first weekend of recreational cannabis
Surprise Missouri! The state opens adult marijuana sales three days early
Missouri officially joined the adult club earlier this morning when state officials gave the go-ahead for recreational sales three days ahead of schedule. This is the fastest vote-
Mississippi celebrates the start of medicinal cannabis sales
Some pharmacies in Mississippi were ready to open to customers on January 25. Melvin C. Robinson, executive director of the Mississippi Trade Association, stood outside one of the
Big decision: FDA won’t restrict CBD sales, calls for ‘new regulatory path’ to ensure safety
After nearly four years of studying the best way to regulate CBD, FDA officials have concluded that their existing regulations do not fit the unique substance. What this means for
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
This state is next in line for adult sales
Missouri will begin legal adult cannabis sales on February 6th. Last month, on December 8, 2022, consumers were legally allowed to possess up to 3 ounces of marijuana, and the Depa
Medicinal weed sales continue to decline in Arizona
In Arizona, there’s a Grand Canyon-sized chasm between medical cannabis and recreational marijuana. Medical marijuana sales continue to decline, while adult-use marijuana sal
Connecticut launches recreational cannabis sales
Regulated sales of recreational marijuana began Tuesday in Connecticut, less than two years after the state legalized cannabis for adult use. Adult cannabis is now available at sev
Recreational pot sales double in Maine
Sales of cannabis for adult use rose sharply in Maine last year, nearly doubling the total for 2021. Local news agency Masthead Maine, citing data released by the Maine Office of C
This town just started adult cannabis sales
Michigan-based company Cloud Cannabis began selling adult-use cannabis on Friday Detroit location, making it one of the first pharmacies in the city. “Today marks the beginning o
Iowa’s medicinal cannabis program continues to grow with $10 million in sales
The Iowa Cannabidiol Board reports that by the end of December 2022, the state had raised $10.2 million in sales across five dispensaries. In August alone, the state broke the $1 m
December cannabis sales in New Mexico top $40 million
Regulated cannabis sales in New Mexico exceeded $40 million in December, with recreational marijuana sales setting a new record of $28 million for the month. Medical marijuana sale
Montana tops $200 million in first year of recreational pot sales
Montana has raked in more than $200 million in its first year of recreational cannabis sales, the state reported this week. The Montana Department of Treasury released numbers show
These states ended 2022 with strong marijuana sales (retailers sold billions in cannabis!)
from Jelena Martinovic According to a report by the state Cannabis Control Commission, recreational sales in Massachusetts totaled $1.42 billion last year. July sales were the high
Adult cannabis sales in New Jersey in Q3 exceed $100 million
According to recently released data from state officials, sales of adult-use cannabis in New Jersey surpassed $100 million in the third quarter of 2022. The New Jersey Cannabis Reg