You might think that what happens in Vegas dispensaries stays in Vegas dispensaries. And surely some pot-shop shenanigans never do leave the Silver State’s biggest city. But the volume of flower sales? Market share for vapes? What kind of edibles Nevadans consume? That data and much more now is no longer secret, as cannabis market […]
concentrates
Flower’s Share of Money Pot Declining, But Unit Sales Rise
The decline of flower, and the rise of branded products like edibles, topicals and concentrates, has been a big story in cannabis for a few years. With every quarter, we see consumers spending less of their cannabis money on flower, and more on other things. So flower’s popularity with consumers must be declining, right? Au […]
Live Resin Enthusiasm Rises Nationwide
As we have covered rather extensively for two years, vapes rule in California, with market share for concentrates vaulting from 79 percent in January of this year to 85 percent in July according to cannabis market research firm BDS Analytics. No other state comes especially close, although at 71 percent market share in July, Oregon […]
Concentrates Growth Keeps On Truckin’
The most persistently muscular year-over-year growth (in dollar sales) in the cannabis industry during the past few years has revolved around concentrates. Yes, the entire industry in states like Colorado, Oregon, Washington and California grows every year, and subcategories, like gummies, have experienced jet-fueled growth in many states. But when we examine large categories — […]
Retail Oregon Prices Not Tracking Wholesale Drop
The news of the spring out of Oregon has been the plummeting of wholesale cannabis prices. Since just October of last year, according to some reports, wholesale prices have dropped by 40 percent. Oregon cannabis consumers do, indeed, have reason to celebrate — their dispensary visits are increasingly lighter on the wallet. But on the […]
Prices Swing — And Some Prices Are Better Than Others
Savvy dispensary owners, manufacturers and consumers anticipated significant price variation in the months following California’s launch into recreational marijuana. Most people expected prices to rise, and they did, for nearly everything sold through a dispensary. The rise of prices across the board happened largely due to regulatory and taxation changes that came with the pivot […]
Thinking 4/20 is Meh? Think Again — It’s Massive
Marijuana’s big holiday, 4/20, is a huge day for cannabis sales. In fact, it’s the biggest one-day event of the year for the industry — last year between Colorado, Washington, Oregon and California 4/20, which fell on a Thursday, led to $36.3 million in sales according to cannabis market research firm BDS Analytics. By way […]
California Sales Ignite in February, As Vapes, Edibles Keep on Burning
During just the first two months of recreational cannabis in California, sales for all types of cannabis products in the state expanded rapidly, a development probably connected in part to more dispensaries receiving sales licenses. But increased consumer demand, too, plays a role. To wit: January sales reached $143.80 million, but in February sales leapt […]
Med to Rec Reveals Fresh California Trends
How do Californians prefer to consumer their favorite plant? Prior to recreational legalization, we fully understood where those with medical licenses spent their money. Would full legalization change things? It did. So far, the shifts in consumer preferences between those with medical cards (all sales prior to 2018) and consumers who can simply prove they […]
Pills Saw Big Sales Gains in 2017 in Colorado, As Flower Sales Languished
The cannabis marketplace in Colorado thrived last year, with $1.54 billion in sales and experiencing healthy 15 percent growth according to cannabis market research firm BDS Analytics. While 15 percent growth is enviable for any industry, it represents a slowed-down rate of expansion in Colorado, which last year saw growth of 31 percent. But that […]
