10 articles tagged with "cannabis sales"
LegislationVirginia's House and Senate passed competing cannabis sales bills, setting up negotiations to reconcile differences on licensing, local control, and social equity before the March 15 deadline.
BusinessMichigan cannabis sales fell 8.3% year-over-year to $226.8 million in January, with medical sales collapsing to just $0.4 million as market oversupply and economic pressures weigh on the industry.
LegislationVirginia's House General Laws Committee approved legislation to establish recreational marijuana sales, advancing Del. Paul Krizek's bill after companion measures cleared other committees.
BusinessMichigan cannabis dispensaries sold record volumes in 2024 but revenue dropped $113M to $3.17B as oversupply drove prices down across the state's maturing market.
BusinessMontana's adult-use cannabis market hit $327 million in 2024, pushing total state sales past $1 billion since 2022. Medical marijuana sales continue declining as patients shift to recreational dispensaries.
Industry NewsMichigan's cannabis sales increased in December, up 3.8% sequentially. However, medical sales plummeted by 50.2%, shifting focus to adult-use markets.
Industry NewsOhio's cannabis market has surpassed $1 billion in sales in its first full year, marking a significant achievement for the state.
BusinessOhio's adult-use cannabis market achieved $836M in sales in 2025, its first full year, showcasing strong growth potential.
Industry NewsMassachusetts' cannabis sales reached a record $1.65 billion in 2023, despite price drops.
BusinessBDSA data shows a 2.9% increase in December cannabis sales, but per-day sales fell slightly. Western states led in growth.
