Cannabis Sales

Cannabis Retail In Minnesota: House Passes Bill To Accelerate Marketplace, Aiming For Early Rollout
Colorado Cannabis Sales Experience Second Consecutive Monthly Decline In February
March Sales Top $288M In Another Record-Breaking Month For Michigan Cannabis Industry
Colorado Cannabis Sales Experience Second Consecutive Monthly Decline In February
March Sales Top $288M In Another Record-Breaking Month For Michigan Cannabis Industry
Unpacking 4/20's Massive Impact On Cannabis Sales Through LeafLink's Data
Here's Where To Buy Legal Weed: New Stores Launching Cannabis Sales Ahead Of 4/20, Part 1

Cannabis Sales Recent News

Minnesota Update: Salary For Prospective Cannabis Czar, First Municipally-Run Weed Store, Pot Goes Missing At Tribal Shop
As Minnesota cannabis regulators are working on setting up the infrastructure to run the legal cannabis marketplace in anticipation of the program's launch in 2025, the City Council of Osseo - a suburb of Minneapolis - is weighing on the possibility of opening the state's first municipally run marijuana retailer. In the meantime, the newly appointed director would be receiving a higher salary compared to what the state was ready to hand out to the first executive director Gov. Tim Walz hired in September. Some six months following the launch of sales, The Red Lake Nation Tribal Council said it will step away from the day-to-day operations at NativeCare dispensary following a cannabis theft saga,
Cannabis Chart Of The Week: Who's Growing In Florida, And Has The State Gotten Ahead Of Itself?
Florida is often considered one of the most critical states in terms of growing legal cannabis sales. The State is estimated to have approximately $2.6B in 2023 legal sales, representing a per capita consumption of about $118 based on the total population or $145 based on adult population.
Here's Where To Buy Legal Weed: Cannabis Delivery In New York, New Stores In Five More States, Canada
New York has seen the launch of several new adult-use cannabis stores, while stores are opening in California, Connecticut, Illinois, Massachusetts and Pennsylvania, as well as in Canada.
This Southern State Smashes Records With $283M In 2023 Medical Cannabis Sales
Arkansas spent a record-breaking $283 million on medical cannabis in 2023, according to data from the Department of Finance and Administration. This marks an increase from the $276 million in revenue seen in 2022. The sales were generated from the distribution of 62,227 pounds of cannabis from the state's 38 dispensaries. The leading dispensary in 2023 was Suite 443 in Hot Springs, which sold 6,279 pounds of marijuana. Natural Relief Dispensary in Sherwood and CROP in Jonesboro came in second and third, respectively. Since the introduction of medical marijuana sales in 2019, the industry has generated over $1 billion in revenue. Additionally, over $120 million in tax revenue has been generated. However, sales numbers do not always align with tax revenue due to factors such as delayed revenue and audits from previous years. In November 2022, Arkansas rejected the legalization of recreational marijuana for adults.
Tilray's Diversified Growth Strategy Is Paying Off, Here's What's Behind 34% YoY Revenue Increase In Q2
Canadian cannabis company Tilray reported a 34% increase in revenue in its second quarter of fiscal 2024. The company reported revenue of $194 million, up from $145 million in the same period last year. Tilray's cannabis net revenue increased 35% to $67 million, while beverage alcohol net revenue increased 117% to $47 million. Distribution net revenue also rose to $67 million, compared to $60 million in the same quarter last year. The company's gross profit increased 11% to $47 million, with adjusted gross profit up 18% to $52 million. Net loss in the second quarter amounted to $46 million, compared to a net loss of $62 million in the same period last year. Adjusted EBITDA stood at $10.1 million, down from $11 million in Q2 2023.
Automate Your Cannabis Business With Green Check And Meadow Integration
Cannabis-focused fintech connector and technology and insights provider Green Check announced on Tuesday that it is integrating with Meadow, an all-in-one point of sale (POS) system powering cannabis retailers in California, Michigan, Massachusetts, New Jersey and New York.
Save Your Time And Money: Treez and Metrc Team Up To Simplify Cannabis Retail Operations
Cannabis-focused commerce technology platform Treez has teamed up with Metrc to create the cannabis industry’s first Global Product Catalog.
Cashless Cannabis: SpringBig's New Gift Cards For Retail Payments
Discover Springbig's Gift Cards, a cashless payment solution for enhanced security and convenience in cannabis retail experience.
GOP Opposition Could Cost Wisconsin $170M In Cannabis Tax Revenue, Emerald Cup Skipped For Bigger Milestone & More
Will Republican Opposition Cost This State $170M Annually In Cannabis Tax Revenue?
With $211 Million In Medical Marijuana Sales So Far This Year, Arkansas Is On Pace To Set New Record
Arkansas's medical marijuana program is on pace to set a new sales record this year, according to data from the Department of Finance and Administration (DFA). In the first nine months of 2023, medical marijuana dispensaries sold $211.3 million in products, which amounts to 44,949 pounds of cannabis, 
Weed-Infused Fine Dining In Canada, Former Pot Prisoners Open Shop In NYC & More
Cannabis-Infused Fine Dining Come To Downtown Edmonton Cannasseurs living in downtown Edmonton, Alberta, could soon enjoy cannabis-infused meals and mocktails at a local restaurant, reported CBC.
Rhode Island, Michigan & Connecticut: A State-By-State Breakdown Of Cannabis Sales And Tax Revenues
In this week's cannabis sales and taxes update, Rhode Island, Michigan and Connecticut take center stage as the legal cannabis industry undergoes significant transformations. As of the latest available data, these states have witnessed noteworthy developments.
Cannabis Cash Flow: CT, MI, MO & CO Top $15B In Legal Weed Sales
In September 2023, cannabis sales figures from various U.S. states offered a compelling snapshot of the evolving landscape of legal cannabis markets.
EXCLUSIVE: Dama Financial CEO Discusses Present And Future Cannabis Commerce & Banking
Cannabis supporters and companies have their fair share of drama around commerce and banking issues.
Rhode Island's Cannabis Sales Hit New High In August, Here's What's Driving Record Figures
Rhode Island's total cannabis sales surpassed $9.67 million in August, representing the fourth consecutive month of record sales,
Square Bets On Weed: Payments Giant Now Serving Cannabis Businesses
Technology company Square, owned by Block Inc (NYSE: SQ), has teamed up with Jane Technologies, an online ordering platform service for cannabis dispensaries, to serve cannabis sellers in Canada.
Customer-Centric Cannabis Platform: New Partnership Drives Sales, Efficiency And Loyalty
Seed-to-sale ERP platform for cannabis operators, Distru, has partnered with Pistil Data, a cannabis market intelligence platform.
Get The Inside Scoop On Weed: Canadian Cannabis Retailer Launches Cabanalytics Consumer Insights
High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) announced on Thursday the launch of Cabanalytics Consumer Insights, a consumer-facing magazine-style digital publication which is an extension of the Cabanalytics business data and insights platform.
Small Maryland Town With 5% Equity In Trulieve's Operation Wants Its Fair Share Of The Profits
A small town in Western Maryland with equity in the local cannabis operation run by medical marijuana giant Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF) is seeking its fair share of the profits,
Cannabis Sales In Illinois Top $140M In July Setting New Record, Gov Pritzker Says Legal Weed Created 30,000 Jobs
Illinois' cannabis retailers sold $140 million in weed products in July, breaking a record for 2023 and marking the second-highest monthly total since legal sales launched in 2020. Illinois is hosting the Benzinga Cannabis Capital Conference in Chicago on Sept 27-28. 
Which City In The World Has The Most Expensive Weed? Latest News From Portugal And Uruguay
Portugal Approves New Drug Law, Personal Cannabis Consumption Expanded
Celebrity Power Meets Moderate Consumption: Cannabis Market Trends In 2023
As the cannabis industry continues to grow, both in terms of legalization and consumer interest, the dynamics of cannabis branding and consumption are undergoing fascinating transformations. From the rise of celebrity-backed marijuana brands to the influence of medium-frequency consumers, the market is witnessing exciting developments that shape the future of the industry.
Canadian Weed Company Adastra Reports Triple-Digit Q1 Revenue Growth, What's Behind The Figures?
Cannabis producer Adastra Holdings Ltd. (CSE: XTRX) (FRA: D2EP) (OTC: XTXXF) reported on Tuesday financial results for the three months ended March 31, 2023.