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California’s AB 195 has passed the Legislature and is headed to Governor Gavin Newsom’s office, where it is expected to be signed into law. Of particular interest to California cultivators, the Bill will do away […]
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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 […]
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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 […]
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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% […]
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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 […]
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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 […]
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Recently reported cannabis sales in Michigan show a significant increase while inventory remains plentiful and retail prices continue to slide, much to the benefit of consumers. The Michigan Cannabis Regulatory Agency (CRA) reported April 2022 […]
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Kaitlyn Krasselt, Communications Director for the Connecticut Department of Consumer Protection (DCP) – the agency overseeing adult use cannabis licensing in the state – confirmed to Cannabis Benchmarks that the state is likely to commence […]
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The Illinois Department of Financial and Professional Regulation (IDFPR) issued adult use sales data for April 2022 this week. Combined sales to in-state and out-of-state residents at $131.8 million were up by just 0.6% month-on-month […]
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The Oregon Liquor & Cannabis Commission (OLCC) announced last week that it is formally implementing a moratorium on issuing new cannabis business licenses “to applicants who submitted an application after January 1, 2022.” The moratorium […]
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