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Over 34% of Cannabis Sales in Illinois Going to Out-Of-State Customers

November 8, 2021

The Illinois Department of Financial and Professional Regulation (IDFPR) published adult use sales figures for October 2021 this week. Adult use retailers sold over $123 million in the month of October, a 1.4% increase over […]

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Ohio Retail Cannabis Prices Driving Patients Across State Lines

November 2, 2021

While Michigan has undergone a price rout in 2021, with wholesale flower prices falling nearly $500 per pound, the state is virtually guaranteed to attract business from neighboring Ohio where medical cannabis is legal, but […]

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Cannabis Demand in Massachusetts Remains Elevated While Legalization Lags in Neighboring States

October 26, 2021

The Massachusetts Cannabis Control Commission (CCC) released adult-use market data for September 2021 recently. September sales were $118,994,054, down 5.4% from the August sales figure of $125,843,930. September marked the second month in a row […]

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Why are Arizona Retail Cannabis Sales Declining?

October 18, 2021

The Arizona Department of Revenue (ADOR) recently published August cannabis sales and tax collection data. Adult use sales commenced in January 2021 and ADOR provides adult use and medical sales estimates from that point. The […]

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Cannabis Sales in Nevada Stabilize as Tourism Numbers Increase

October 12, 2021

The Nevada Department of Taxation (NDOT) recently released sales and tax data from the state’s legal cannabis market for July 2021. Total retail sales moved higher after falling in May and June. Retail sales spiked […]

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How Can Oregon Curb the Impact of Cannabis Oversupply and Illegal Grows?

October 5, 2021

The Oregon Liquor and Cannabis Commission (OLCC) met on September 23, 2021. Commissioners and staff held an in-depth discussion of current market conditions, specifically the illicit market and its deleterious effects on the state’s legal […]

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Massachusetts Retail Cannabis Sales on Track for Record Performance

September 28, 2021

The Massachusetts Cannabis Control Commission recently released adult-use market data for August 2021. August sales, at $125,843,894, were down 1% from July’s $127,113,019. As we have noted in regard to other states, July contained five […]

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Colorado Marijuana Sales on Track to Surpass 2020 Totals

September 21, 2021

The Colorado Department of Revenue (CDOR) recently released its monthly Marijuana Sales Report for July 2021. According to that report, demand picked up month-on-month, to levels not seen since early spring 2021. While there’s been […]

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Oregon Cannabis Market Oversupply May Be Here to Stay

September 13, 2021

It is no surprise to Oregonians in the cannabis business that the market is oversupplied. Cannabis Benchmarks has heard this for several weeks running, with growers saying oversupply started affecting prices in Spring 2021. What […]

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Expansion of Michigan Cannabis Production Drives Wholesale Prices Down

September 7, 2021

Michigan Has Issued Massive Number of Grow Licenses in 2021 Grown In recently reported on a massive increase in grower licenses in Michigan, such that there has been a four-fold increase in Adult-Use Class C […]

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