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Rhode Island opened retail adult use cannabis sales last week, having awarded five medical cannabis “hybrid” licenses just last week, after passing adult use legalization in May 2022. The Office of Cannabis Regulation (OCR), under […]
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The California Department of Taxation and Fee Administration (CDTFA) issued data on taxable sales and cannabis tax collections for Q3 2022. Q3 2022 taxable retail sales, at $1.27 billion, were down 9.8% from upwardly revised […]
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While New York’s legal adult use market is facing difficulties in getting off the ground, as we detail below, those with conditional cultivator licenses have harvested their outdoor crops and are now in discussions with […]
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The Illinois Department of Financial and Professional Regulation (IDFPR) issued October 2022 adult use sales figures this week. October combined sales to in-state and out-of-state customers, at $131.5 million, were up 0.7% from September 2022 […]
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The New Jersey Cannabis Regulatory Commission (CRC) recently notified the public, via press release, that they have approved the first 18 annual adult use cannabis business licenses. 10 of the 18 licenses resulted from the […]
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The Oklahoma Medical Marijuana Authority (OMMA) published September 2022 tax collections, allowing us to extrapolate sales made in August 2022 in the state’s medical cannabis program. August 2022 sales, at $59.7 million, were down 8.4% […]
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The future is bright for California cannabis, even amid an historic sell-off in cannabis prices and a larger illicit than legal market. President Joe Biden is in poised to deschedule cannabis, thousands convicted of nonviolent […]
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The Massachusetts Cannabis Control Commission (CCC) recently issued data for August 2022 adult use sales on the state’s Open Data Platform. August 2022 adult use retail sales, at $130.9 million, were down 1.2% from upwardly […]
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Pandemic pricing and demand likely saved a number of cannabis businesses in Oregon, a situation discussed in regard to Colorado in an interview featured in last week’s Premium Report. However, the regression to pre-pandemic pricing […]
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Some of the most well-known cannabis companies in Colorado are petitioning the state’s Marijuana Enforcement Division (MED), the Colorado Department of Revenue Division of Taxation, and the Governor’s office for an excise tax “holiday” and […]
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