September was good to the cannabis industry in Colorado, with record-high sales of $136.63 million according to cannabis market research firm BDS Analytics. September and strong cannabis sales go together — last year September was the No. 1 month for marijuana sales for the year, and so far September leads for 2017. The year still […]
Flower
Growth Slowdown in Colorado
Month-over-month growth for the cannabis industry in Colorado has been strong since January 2015, the first month for which we had historical data to measure growth. That month, for example, saw growth of 36 percent compared to January 2014, according to cannabis market research firm BDS Analytics. Ever since, growth for each month has tended […]
California Prices High for Legal Cannabis
California’s decades-long reputation as an international cannabis growing powerhouse suggests prices for flower should be cheap. The logic: With enormous outdoor grows in the Emerald Triangle pumping out so much Blue Dream, Jack Herer and Gorilla Glue, the marketplace must be flooded with flower, and Golden State prices as a result surely are the cheapest […]
Flower’s Dominance Fluctuates
Sales of flower — everything from grams of Blue Dream to ounces of generic hybrid blends — dominate in all states with legal recreational marijuana, compared to other categories like concentrates, edibles and topicals. During the first quarter of 2017 in all channels between Colorado, Washington and Oregon, flower captured 52 percent of the broader […]
Flower Price Declines Vary Between States
In the states with the longest track record of recreational sales of flower — Colorado, Washington and Oregon — the average price for a gram of flower declines every year. But the rate of decline among states is not identical. Consider Washington. When the Evergreen State launched recreational cannabis in July of 2014, flower sold […]
Tinctures Nab Growth Medal, But Concentrates Still Wow
We are lucky to work in such a dynamic industry. Every category of products—from flower to tinctures to edibles—experienced robust growth during 2016 in Colorado, Washington and Oregon. Of course, some categories grew with more oomph than others. It was a tight race for the lead, but tinctures — yes, tinctures — grew with the […]
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 […]
Is There Room for Celebrity Brands?
We live in a high paced environment in the world of cannabis. It’s a rapidly changing world, where I like to say, “The only constant in our industry is change.” A year ago, it would have been nearly impossible for a new company to find the mysteriously clandestine and ever elusive cannabis growers of California. […]
