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An Inside Look into the Michigan Cannabis Market

November 21, 2023

To get an on-the-ground perspective on Michigan’s wholesale cannabis market, Cannabis Benchmarks spoke recently with Charlie McKenzie. McKenzie is Senior Director of Cultivation Operations for Left Coast Holdings, a vertically integrated business based in Manistee, […]

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Consumers Benefiting from Decline in Illinois Cannabis Prices

November 14, 2023

OCTOBER 2023 ILLINOIS MARKET DATA & ANALYSIS The Illinois Department of Financial and Professional Regulation (IDFPR) issued October 2023 adult use sales figures this week, along with medical cannabis sales data for the month. Combined […]

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HOW BIG ARE RETAIL MARKUPS FOR CANNABIS FLOWER?

November 7, 2023

Several states provide data on the average retail price for cannabis flower in their respective markets, allowing us to compare it with Cannabis Benchmarks wholesale price assessments to gauge average retail markups. The data shows […]

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New York Cannabis Sales Update & Flower Sales Volume Estimates

October 31, 2023

With the end of 2023 in sight, New York’s adult use cannabis market remains quite small, with 26 licensed storefronts open for business along with Cannabis Growers Showcases – temporary “farmers market”-style events – constituting […]

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Understanding the Complex Relationship Between Cannabis Sales Revenues and Demand: A Deep Dive into Legal Market Data

October 24, 2023

In analyzing legal cannabis market data in recent years, we’ve noted repeatedly that sliding or stagnating sales revenues across a number of legal markets don’t necessarily mean that demand is declining. Instead, in many cases […]

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COLORADO CANNABIS MARKET DATA: LATEST TRENDS IN SALES & WHOLESALE PRICES

October 17, 2023

The Colorado Department of Revenue (CDOR) recently released its monthly Marijuana Sales Report with data for August 2023. Both adult use and medical sales were down month-on-month, indicating that July will likely be the peak […]

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ILLINOIS CANNABIS SALES & MARKET DATA: SEPTEMBER 2023

October 10, 2023

Illinois’ legal cannabis market has grown to one of the largest in the country in just a few short years, with sales surpassing the more mature markets in the West, except for California. This article […]

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NEW MEXICO’S LEGAL CANNABIS MARKET GRAPPLES WITH OVERSATURATION, OVERSUPPLY & ILLICIT PRODUCTS

October 3, 2023

New Mexico is no stranger to cannabis and cannabis legalization. The state passed the nation’s first medical cannabis law back in 1978, allowing limited use of the drug for some cancer patients. Cannabis was legalized […]

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HOW THE SUSPENSION OF ASPERGILLUS TESTING IN OREGON’S CANNABIS INDUSTRY COULD IMPACT SUPPLY AND PRICES

September 26, 2023

The Oregon cannabis industry faces significant changes with the recent suspension of required testing for aspergillus in cannabis products. This article examines the impact that the suspension of aspergillus testing will have on Oregon’s cannabis […]

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NEW JERSEY’S RECREATIONAL CANNABIS MARKET: CHALLENGES & OPPORTUNITIES

September 19, 2023

In the nearly 18 months since New Jersey’s recreational cannabis market opened, the state’s Cannabis Regulatory Commission (CRC) has been getting mixed reviews about how it has handled the Garden State’s young adult use industry. […]

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