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How Did the Nevada Cannabis Market Perform in 2022?

January 31, 2023

The Nevada Department of Taxation (NDOT) issued Cannabis Tax Revenue and sales data for August, September, and October 2022. August 2022 combined recreational and medical cannabis retail sales were $67.6 million, down 6.1% from combined […]

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New England Cannabis Prices – The Honeymoon is Over

January 24, 2023

Proximity matters. New England states have the most volatile wholesale cannabis prices in the country. Legal adult use markets in the region are at various stages of development led by Massachusetts, the most mature market, […]

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Illinois’ Cannabis Market Continues Growing, What Will 2023 Bring?

January 17, 2023

The Illinois Department of Financial and Professional Regulation (IDFPR) issued December 2022 adult use sales figures. Combined December sales to in-state and out-of-state residents, at $144 million, topped November 2022 sales, at $130.5 million, by […]

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Massachusetts Cannabis Market Feeling Pressure as More Neighboring States Come Online

January 10, 2023

The Massachusetts Cannabis Control Commission (CCC) issued data for November 2022 adult use sales. November 2022 sales, at $122.2 million, were down 3.9% from October 2022 sales of $127.1 million and down 3.8% from November […]

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Colorado Cannabis Sales Down Nearly 20%

December 20, 2022

The Colorado Department of Revenue (CDOR) recently released the monthly Marijuana Sales Report for October 2022. October 2022 total combined sales, at $142 million, were down 3.3% from September 2022 total sales of $146.9 million […]

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The Oregon Cannabis Market: A Case Study in Oversupply

December 13, 2022

The Oregon Liquor and Cannabis Commission (OLCC) issued sales data for November 2022 this week. November 2022 sales, at $75.4 million, were down 5.5% from October 2022 sales of $79.8 million and down 12.9% from […]

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Rhode Island Cannabis Market Opens to Recreational Customers

December 6, 2022

Rhode Island opened retail adult use cannabis sales last week, having awarded five medical cannabis “hybrid” licenses just last week, after passing adult use legalization in May 2022. The Office of Cannabis Regulation (OCR), under […]

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California Cannabis Tax Collection Shrinks Along with Declining Prices

November 29, 2022

The California Department of Taxation and Fee Administration (CDTFA) issued data on taxable sales and cannabis tax collections for Q3 2022. Q3 2022 taxable retail sales, at $1.27 billion, were down 9.8% from upwardly revised […]

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How High Will New York Cannabis Prices Be?

November 22, 2022

While New York’s legal adult use market is facing difficulties in getting off the ground, as we detail below, those with conditional cultivator licenses have harvested their outdoor crops and are now in discussions with […]

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Illinois Cannabis Sales Remain Steady Heading into Q4 2022

November 15, 2022

The Illinois Department of Financial and Professional Regulation (IDFPR) issued October 2022 adult use sales figures this week. October combined sales to in-state and out-of-state customers, at $131.5 million, were up 0.7% from September 2022 […]

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