BusinessIllinois Cannabis Revenue Drops 13% as Price Competition Intensifies
Illinois cannabis sales fell 13% to $1.5B in 2024 even as unit sales hit 58M items, highlighting intensifying price competition in the maturing market.
Feb 23, 2026
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market trends
5 articles tagged with "market trends"
Business
BusinessMichigan Cannabis Sales Drop Despite Record Volume in 2025
Michigan dispensaries sold record cannabis volume in 2025 but revenue fell $113M to $3.17B as price compression outpaced increased sales, marking the market's first year-over-year decline.
Jan 21, 2026
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Industry NewsMichigan Cannabis Sales Show Modest Growth in December
Michigan's cannabis sales increased in December, up 3.8% sequentially. However, medical sales plummeted by 50.2%, shifting focus to adult-use markets.
Jan 15, 2026
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BusinessDecember Sees Modest Rise in Cannabis Sales Across States
BDSA data shows a 2.9% increase in December cannabis sales, but per-day sales fell slightly. Western states led in growth.
Jan 8, 2026
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Industry NewsFlorida's Medical Cannabis Sector Faces Downturn
Florida's medical cannabis market is experiencing a downturn. Key metrics such as patient numbers and dispensary growth have slowed, prompting industry stakeholders to reassess strategies.
Jan 8, 2026
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