Wholesale Market Observer

California Senate Bill to Establish a State-Run Banking Entity Gaining Momentum

California Senate Bill 51 Would Allow Limited Charter Banks or Credit Unions to Issue and Cash Special Purpose Checks     A bill making its way through the California legislature would establish a state-run banking […]

Is There a Shortage of Desirable Cannabis Flower in Oregon?

Registered Medical Cannabis Patients in Arizona Up Over 18% From June 2018 to June 2019

Total Cannabis Product Sales in Arizona Up Over 35% From June 2018 to June 2019   The Arizona Department of Health Services (ADHS) recently released its monthly report on the state’s medical cannabis program for June […]

California Eases Requirements to Obtain Provisional Commercial Cannabis Licenses

California Senate Bill 97 Eliminates the Need for Possessing a Temporary License Before a Provisional License Can Be Secured In early July, Governor Gavin Newsom signed Assembly Bill 97 and Senate Bill 97 into law, […]

Nevada Wholesale Cannabis Tax Rates Remain Stable for Flower, Major Decline in Taxes on Trim

Second Half of 2019 Will See Wholesale Tax Rates on Trim Decline Nearly 25% For the second half of 2019, Nevada cultivators will be subjected to lower taxes compared to the first six months of […]

Colorado Wholesale Cannabis Tax Rates Updated for Q3 2019

Annual Market Rates (AMRs) for Flower Increases 5.5% While That for Trim Decreases 23.5%   The Colorado Department of Revenue (CDOR) released new Average Market Rates (AMRs) last week, which will go into effect on July 1. […]

Nevada Retail Cannabis Sales Decline in April After Record March

April 2019 Retail Cannabis Sales 12% Higher Than in April 2018   The Nevada Department of Taxation (NDOT) recently released sales and tax data from the state’s legal cannabis market for April 2019. Total retail revenues […]

How Many Licensed Cannabis Cultivators Are There in California?

Number of Cannabis Cultivator Licenses in California Down Over 50% Since End of 2018   A review of licensing data from the California Department of Food and Agriculture’s (CDFA’s) CalCannabis Division, which licenses and regulates […]

Retail Rates for Cannabis in Oregon On the Rise

Oregon Cannabis Retail Sales Revenue Increases While Total Volume Sold Decreases   The Oregon Liquor Control Commission (OLCC) recently released sales and production data for May. Total sales revenue reached a new record high for […]

Rhode Island Proposing to Increase Number of Medical Cannabis Dispensaries

Licenses for Six New Vertically Integrated Medical Cannabis Dispensaries Expected in January 2020   A state budget proposal in Rhode Island would expand the number of dispensaries in the state, while also allowing the new […]