The cannabis marketplace continues to roar, and not just due to the addition of new adult-use voices around the country, including Nevada, which launched adult-use sales this month. Sales in Colorado and Washington, which are into their fourth year of adult-use sales, as well as in Oregon (which staggered adult-use between 2015 and 2016) have […]
cannabis sales
Holiday Weekends and Cannabis
Last Monday we examined 4/2o in terms of sales, and compared it to Labor Day Weekend. While the days surrounding the much-trumpeted 4/20 last year in Colorado were big sales events, and the two weekends bookending the holiday represented excellent sales boosts, Labor Day Weekend was the year’s biggest sales weekend. That data work by BDS Analytics, one […]
Colorado Shares Record-Setting Numbers for Marijuana Sales
Colorado’s marijuana industry — one of the most mature in the nation — continues to thrive, posting record-setting sales figures through the first two months of 2017. Combined sales of medical and recreational marijuana in January and February 2017 totaled over $235 million, up 30 percent from the same period in 2016, Marijuana Business Daily […]
After 4/20, The Next Cannabis Bump
Goodbye, 4/20. With so many parties, events and sales taking place during the long holiday, the retail environment most likely experienced a healthy boost in Colorado, as it did last year. In Oregon’s medical channel (adult-use for Oregon did not appear until June in OR) and Washington, however, 4/20 last year was not a sales […]
4/20 Makes April One of the Kinder Months — In Colorado
Media coverage of cannabis spikes precipitously during 4/20 week, and so do the number of parties and events nationwide trumpeting the pleasures of our favorite plant. But what about sales? In Colorado, the 4/20-effect is real according to data from BDS Analytics, one of the premiere sources of cannabis data in the industry. For the first three […]
Q4 Flower Sales Up and Down
Flower remains the commercial backbone of most dispensaries in Colorado, Washington and Oregon. Consider: In 2016, flower captured 58 percent of the cannabis marketplace, with $1.35 billion in sales out of an overall $2.33 billion market. Flower’s market share is dropping (it was 64 percent of the market in 2015) but sales are still way […]
