Photo: 2H Media/Unsplash The Arizona Department of Revenue (ADOR) published cannabis tax collections and estimated sales information for April 2022. Combined adult use and medical sales were $122.4 million in April, down 8.8% from an upwardly revised $134.3 million in March 2022 (previously $121.7 million) and down 7.9% from a downwardly revised $133 million (-$45,345)
Wholesale Market Observer
Insider Perspective on the New Jersey Cannabis Market
Photo: 2H Media/Unsplash To get an overview of the New Jersey cannabis marketplace, Cannabis Benchmarks spoke to Edmund DeVeaux, President of the New Jersey Cannabusiness Association (CBA). The CBA represents Alternative Treatment Centers (ATCs) - those businesses licensed first in the medical cannabis sector that are now serving the adult use market - as well
Nevada Cannabis Sales Bounce Back After Months of Decline
Photo: Wesley Gibbs/Unsplash The Nevada Department of Taxation (NDOT) issued March 2022 Cannabis Tax Revenue figures last week. March sales surged 18.1% month-on-month, breaking a four-month streak of declining sales figures. Year-on-year, retail cannabis sales are down 12.6% from $96.9 million in March 2021, but are up over 95% from March 2020, when the first
California Cannabis Market Experiencing Declining Legal Sales and Tax Revenue
Photo: Stephen Leonardi/Unsplash The California Department of Tax and Fee Administration (CDTFA) issued data on taxable sales and cannabis tax collections for Q1 2022. Taxable Sales for Q1 2022 were under $1.2 billion, down 9.9% from an upwardly revised $1.3 billion (previously $1.26 billion) in Q4 2021. California Spot price slipped 5.3% in Q1 2022,
What Challenges are Oregon Cannabis Businesses Facing in 2022?
Photo: Markus Spiske/Unsplash The Oregon cannabis market is headed for an epic shakeout, with retail and cultivation likely to be the first, and most painful, verticals to fail, according to one industry insider. Casey Houlihan, Executive Director of the Oregon Retailers of Cannabis Association, expects that within the next 18 months, the Oregon market will
