Record Canadian cannabis sales in May imply CA$2.2 billion annualized market
Retail sales of regulated cannabis ascended to a new high in Canada in May, growing nearly 4.2% from April. But a quarter […]
Category: Marijuana Industry Statistics, Data and Charts
Chart: US cannabis industry’s economic impact could hit $130 billion by 2024
American marijuana businesses could pump up to $130 billion on an annual basis into the U.S. economy by 2024, a staggering figure […]
Chart: Retail cannabis sales surpass NBA revenue, approach prescription pain meds
With revenue of $10.6 billion-$13 billion in 2019, sales of legal adult-use and medical marijuana in the United States topped spending on […]
As Pennsylvania’s medical cannabis sales soar, recreational market prospects brighten
Pennsylvania’s medical cannabis market, praised for its smooth operation, is expected to nearly double to $400 million-$500 million in sales this year […]
Canadian cannabis inventory soars to new high, indicating more pain ahead for producers
Federally licensed producers in Canada are stockpiling more cannabis than ever, new figures from the Canadian government show, indicating that some producers […]
Chart: Shelf space at a premium as more brands enter cannabis space and retailers use pay-to-play practices
As more brands enter the marijuana products marketplace, competition for retail shelf space in key adult-use markets such as Colorado and Washington […]
Denmark approved only eight of 63 medical cannabis product applications
Eight of the 63 applications to admit products to Denmark’s medical cannabis trial scheme have won approval since the program’s inception in […]
Exclusive: US retail marijuana sales on pace to rise 40% in 2020, near $37 billion by 2023
Retail sales of medical and recreational cannabis in the United States are on pace to eclipse $15 billion by the end of […]
Chart: Tepid adult-use cannabis sales in Massachusetts for first week of reopening
Recreational marijuana stores reopened in Massachusetts in late May after a state-mandated, two-month shutdown in response to the coronavirus, but sales during […]
High Times’ cannabis retail bid complicated by web of owners, social equity partners
The owner of pioneering High Times magazine is scrambling to close a marijuana retail acquisition in California that includes a tangle of […]