Retail

Licensed cannabis dispensaries in Massachusetts have surpassed $7 billion in sales since the adult-use market launched in 2018.

Connecticut cannabis prices hit an all-time low this year at $10.86 per gram, according to data from the Department of Consumer Protection.

The average price of cannabis flower in Michigan dropped to $74 per ounce in October, down almost $20 from September.

Data shows that millennials made about 45% of the cannabis industry’s pre-roll purchases from 2023 to mid-2024.

Licensed adult-use cannabis retailers in Ohio have sold nearly $132 million worth of cannabis products, according to recent data from the Ohio Department of Commerce Division of Cannabis Control.

Adult-use cannabis dispensaries can legally provide home delivery services under new state regulations that took effect on Friday.

Curaleaf dispensaries in Arizona are selling election-themed cannabis flower strains — Donald OG, Kamala Kush, and Space Jill — named after the Republican, Democratic, and Green Party candidates for U.S. president.

A report by the Texas Department of Public Safety found the state’s medical cannabis program does not provide “statewide access” for qualifying patients and suggested that officials should take steps to expand the program’s accessibility.

Licensed cannabis dispensaries in Ohio have sold more than $76.2 million worth of cannabis products in under two months of operation.

Cannabis regulators in Vermont have paused accepting new cannabis retail and some cultivation applications in an effort to curb the “problem of retail saturation.”

Los Angeles County officials this week approved a motion to “deplatform” unlicensed cannabis dispensaries from online platforms like Google and Yelp.

Michigan cannabis retailers set a new monthly sales record of $295.4 million in August, which marked the third consecutive month of increasing sales for the state.

Licensed cannabis dispensaries in Ohio sold more than $44 million worth of cannabis during the first month of adult-use sales, according to state data.

The Eastern Band of Cherokee Indians on Saturday opened the Great Smoky Cannabis Company to all adult-use cannabis customers. The shop, located in the Qualla Boundary, is North Carolina’s first and only retail cannabis location.

California Attorney General Bob Ronta said police officers last week busted a retail burglary ring that targeted cannabis shops, leading to nearly two dozen arrests.

Cannabis pre-rolls were the fastest-growing product category in the cannabis industry last year for the second year in a row with an 11.89% jump in sales revenue year-over-year, according to a white paper report.

Cannabis product prices in Michigan have fallen nearly 14.5% this year with the average price for an ounce of flower reaching the industry’s all-time low of $79.70 in July.

Cannabis sales in New York have exceeded $260 million during the first half of 2024 and third-quarter sales are on track to surpass the previous quarters, according to the Office of Cannabis Management.

City officials in Sacramento this week voted to put on hold a proposal to increase the number of cannabis dispensary licenses in the city by 50%.

Ohio dispensaries approved to serve adult-use customers sold more than $11.5 million worth of recreational cannabis products during the market’s first five days.

A recent survey found that the vast majority of Americans either get their cannabis entirely from legal sources (65%) or mostly from legal sources (12%).

Ohio regulators said they will issue dual-use licenses to many medical cannabis dispensaries on Tuesday this week, setting up the state’s first legal adult-use cannabis sales since voters approved the legalization reforms last year.

The Eastern Band of Cherokee Indians adult-use cannabis store, the Great Smoky Cannabis Company in the Qualla Boundary, North Carolina, is opening its doors on September 7 to all adults aged 21+.