Like so many things about 2020, cannabis sales in Colorado were outrageous; people spent more than $2 billion on products. That’s more money than they ever have before. That total continues the industry’s upward trajectory and breaks the previous record set just the year before in 2019. “We definitely saw a huge uptick in sales […]
marijuana sales
November marijuana sales push Colorado’s industry to $2 billion annually for the first time
Colorado marijuana sales in November pushed the industry’s annual revenue to $2 billion for the first time. In November, dispensaries sold $175.1 million worth of products, according to figures released by the Department of Revenue on Tuesday. Recreational sales accounted for about $140.5 million, while medical sales accounted for nearly $34.7 million, the agency reported. While […]
Maine marijuana shops are seeing brisk business despite pandemic
Maine’s rollout of legal marijuana sales has been muted compared with other states because of the coronavirus pandemic, but shops are reporting brisk business nonetheless. Maine wasn’t able to replicate the grand opening scenes that have followed the first sales in other states. But regulators reported more than $1 million in sales in October, more […]
Oregon marijuana sales soared to new heights in 2020, topping $1 billion overall
Oregon recreational-cannabis sales surged in 2020, peaking during a difficult summer of protests and lockdowns. The result was a record year of business for the state’s marijuana purveyors, based on data from the Oregon Liquor Control Commission, which oversees marijuana sales. Total marijuana sales in Oregon jumped from $795 million in 2019 to more than $1 […]
Medical marijuana sales in Arkansas remain brisk
Medical marijuana sales in Arkansas have topped $200 million since the state’s first legal sale of the drug in May 2019, the state revenue agency said Thursday. The sales report the Department of Finance and Administration released Thursday reported $200.7 million in sales on 30,648 pounds sold through Wednesday. Daily sales averaged $622,727 during the […]
Illinois’ weed windfall from taxes rivals booze haul — and could surpass it next year
Amid skyrocketing demand for legal weed in Illinois, statewide tax receipts from recreational pot sales are now rivaling those from booze. November’s tax revenues from adult-use cannabis, which reflect the record $75.28 million in sales tallied in October, reached nearly $22.88 million, according to figures released by the Illinois Department of Revenue. That’s less than […]
Marijuana has grown to become Maine’s most valuable crop
Cannabis is now Maine’s most valuable crop, besting the state’s signature agricultural products such as potatoes, milk and blueberries. Medical marijuana sales totaled $221.8 million from January through October, more than double what had been sold by this time last year, according to state sales tax figures. That puts the industry on pace to hit […]
Colorado Marijuana Sales Up Nearly 25 Percent From Last Year
Marijuana sales are experiencing their annual fall dip in Colorado, but they’re still comfortably outperforming last year, according to figures from the state Department of Revenue. Dispensaries tallied almost $206.5 million in sales during September, state data shows, a slight drop from August and nearly 9 percent less than the monthly marijuana sales record set in July of […]
Detroit officials to unveil proposed law for recreational marijuana sales
Proposed rules for the operation of recreational marijuana shops in the city are expected to be introduced Monday, with a focus on giving priority to Detroiters. City Councilman James Tate is set to join Detroit Mayor Mike Duggan and members of the community for a news conference at City Hall to detail the long-awaited ordinance […]
Kansas City’s first marijuana dispensary sells out in two days. When will more open?
On Monday, patients celebrated the first legal sales of marijuana in the Kansas City area. But by the end of the day Tuesday, the dispensary was sold out. The Fresh Green dispensary in Lee’s Summit opened with long lines but limited supply on Monday afternoon. With only a handful of patients allowed inside at one […]