8 articles tagged with "market analysis"
BusinessThe Global Cannabis Stock Index fell 10.6% in January to 5.89, continuing volatility from 2024. February saw a modest recovery, but the sector remains under pressure.
BusinessCanada's legal cannabis market hit a record C$503.7 million in December sales, up 5.3% from November, according to Statistics Canada data. The milestone reflects continued growth in the mature market despite ongoing industry challenges.
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.
BusinessLegal cannabis sales declined 3.1% in January compared to December across 15 U.S. markets tracked by BDSA, reflecting typical post-holiday patterns amid ongoing industry challenges.
BusinessCanadian cannabis sales hit C$477.9M in November, up 6.6% from October. More significantly, per-day sales jumped 10.2%, suggesting stronger consumer demand as the legal market matures.
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 cannabis retailers have sold over $1 billion in adult-use products since January 2022, with 2024 setting a new annual record of $327 million in total sales.
BusinessMontana's recreational cannabis retailers have sold over $1 billion in product since adult-use sales began in January 2022, generating $217 million in state tax revenue.
