Tag: flower
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Wholesale Cannabis Prices Dropped By 8.1% In The U.S. In 2023
According to a recent analysis by LeafLink and Cannabis Benchmarks, and published by MJBiz Daily, the price for wholesale cannabis flower dropped by an average of 8.1% across 13 legal U.S. markets in 2023. “Only three state markets experienced wholesale cannabis flower price increases in 2023: Alaska (7%), Missouri (20%) and Oregon (6%), according to LeafLink.” stated MJBiz…
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Ohio Medical Cannabis Sales Were Over $54 Million In March
Ohio’s 123 licensed medical cannabis dispensaries sold over $54 million worth of medical cannabis products in March 2024 according to new data released by the Ohio Division of Cannabis Control, up from $38.4 million total sales in February 2024. March’s sales figures were also an increase over March 2023 sales totals. The first legal medical…
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How Many Medical Cannabis Patients Are Registered In Washington D.C.?
Local lawmakers approved a medical cannabis legalization measure in May 2010. A component of the measure allowed the launch of eight initial medical cannabis dispensaries in the Washington D.C. area. In January 2023, the Medical Cannabis Amendment Act of 2022 became effective. The measure overhauled Washington D.C.’s medical cannabis program, making the program more accessible…
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European Medical Cannabis Market Projected To Be Worth $9.7 Billion By 2028
Many countries on the European continent now permit legal medical cannabis commerce activity, ranging from the limited importation of cannabis-derived pharmaceutical and CBD products to large-scale medical cannabis programs and sales, such as what is in place in Germany. According to a recent market analysis by Research and Markets, the emerging legal European medical cannabis…
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How Much Legal Cannabis Was Sold On 4/20 In 2024?
April 20th is the most popular day of the year for cannabis consumption, with the date serving as the annual day of celebration for the global cannabis movement, particularly in the United States where the tradition is reported to have started in the 1970s. Every year licensed cannabis retailers across the country try to gain…
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U.S. Industrial Hemp Market Valued At $291 Million In 2023
The United States Department of Agriculture (USDA) has released its annual hemp industry report. According to the USDA, “In 2023, the value of hemp production in the open and under protection for the United States totaled $291 million, up 18 percent from 2022.” “Planted area for the Nation in 2023 for all utilizations totaled 27,680…
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Cannabis Flower Accounts For 64.9% Of Legal Canadian Sales
Canada was the first G-7 nation to pass a national adult-use cannabis legalization measure when it did so in 2018, and Canada was just the second nation to ever pass such a measure, only behind Uruguay which legalized in 2013. Yet, unlike Uruguay, Canada permits nationwide adult-use sales to all adults regardless of residency status.…
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How Big Is The Czech Republic’s Cannabis Market Potential?
Political leaders in the Czech Republic have previously indicated that they would pursue the passage of a national adult-use cannabis legalization measure once Germany had passed its own adult-use legalization measure. Germany implemented the first provisions of its national legalization measure on April 1, 2024. How long it will take the Czech Republic to pass…
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31% Of Cannabis Consumers Report Spending $100+ Per Month On THC Products
The emerging legal cannabis industry in the United States is spreading thanks to the tireless work of cannabis advocates across the country. Cannabis is now legal for adult-use in 24 states and the District of Columbia, and several more have adopted medical cannabis legalization measures. Cannabis commerce is widespread now too. The Pew Research Center…
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Which State Has The Cheapest Prices For Legal Cannabis?
Currently, 24 states in the U.S. plus the District of Columbia have passed adult-use cannabis legalization measures. Several more have approved medical cannabis legalization measures, and many of those adult-use and/or medical use states permit consumers and patients to make legal purchases from licensed retailers. Of the markets that allow legal recreational cannabis sales to…