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New and innovative products have been the norm in the hemp industry over the past several years. A review of product offerings derived from hemp that are available to consumers has introduced a complex landscape […]
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Several states cannabis regulators provide data on the average retail price for cannabis flower in their respective markets, allowing us to compare them with Cannabis Benchmarks wholesale price assessments to discover average retail markups. The […]
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The Missouri Department of Health (MDH) recently issued December 2023 medical and adult use sales data, which are shown in the table and chart below. December adult use sales broke the $100 million mark for […]
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The 2023 total cannabis sales volume in Massachusetts saw a significant increase. Yet a 40% drop in average price per gram of flower kept sales revenue flat. Massachusetts December 2023 & Full 2023 Market Data […]
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NOVEMBER 2023 ARIZONA CANNABIS MARKET DATA & ANALYSIS The Arizona Department of Revenue (ADOR) recently released estimated sales data for November 2023. Combined medical and adult use sales reached $108.6 million in November, down 3.2% […]
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Similar to California, as we discussed in our February 6th Wholesale Market Observer post, Colorado has also seen a significant contraction in active cultivation licenses since the height of the Covid-19-fueled cannabis sales boom. According […]
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NEVADA NOVEMBER 2023 CANNABIS MARKET DATA & ANALYSIS The Nevada Department of Taxation (NDOT) issued data on November 2023 cannabis tax revenue and sales. November’s combined medical and adult use sales were under $66.2 million, […]
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The number of actively-licensed cultivators in California continues to decline as 2024 gets underway. According to a January 31 query of the state’s License Search tool, 5,498 cultivators hold active licenses. That figure is down […]
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The U.S. Spot wholesale flower price continued its leg down this week. While the national average flower price has been up year-on-year through Q4 2023 and in the opening month of 2024, it appears as […]
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We have in previous reports commented on the impacts of increasing numbers of social equity retailers in Illinois adult use cannabis market, as well as “craft grower” licensees that have recently begun to operate in […]
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