Retail

New York regulators announced the state will allow cannabis farmers’ markets this summer in an effort to help state cultivators offload their glut of cannabis products.

Connecticut dispensaries recorded a decrease in medical cannabis sales for the first time in April since the state’s adult-use market launched in January.

New Hampshire Gov. Chris Sununu (R), who opposes general cannabis legalization, said he would sign a legalization proposal into law if the bill included government control of sales, like how the state handles liquor sales.

Missouri cannabis dispensaries topped $350 million in sales during the state’s first three months of adult-use sales, and the industry remains on track to exceed $1 billion in sales during the program’s first year.

Adult-use and medical cannabis retailers in Massachusetts are now allowed to provide seeds and clones for personal home grows.

The Cannabis Industry Alliance of Oregon has asked state lawmakers to prevent the expansion of companies with “a flagrant disregard for state laws and fair business practices,” specifically calling out the cannabis retail chain La Mota for allegedly owing more than $1.5 million to other operators.

New York Gov. Kathy Hochul (D) signed the state’s budget bill on Thursday, securing $16 million to help officials crack down on unlicensed cannabis operators.

Arkansas medical cannabis sales during the first quarter of 2023 were up about 7% compared to the same time period last year.

James Yi is the founder and CEO of Leaf Trade, a wholesale cannabis platform that integrates point-of-sale, e-commerce, retail fulfillment, payment processing, and more.

Colorado’s February cannabis sales this year declined 14.2% from the same month in 2022, continuing an overall year-over-year decline in both adult-use and medical cannabis sales for the state.

A recent survey found that Portland, Oregon is the best-ranked U.S. city for cannabis shoppers due to its high number of dispensaries per capita and affordable prices.

Maryland lawmakers have advanced a measure to see state officials begin issuing adult-use cannabis licenses this summer.

Missouri’s total March cannabis sales topped $125 million, putting the state on track to exceed $1 billion in cannabis sales for the year.

Millennial and Gen Z shoppers account for the majority of all cannabis sales in the U.S. (63%) and Canada (72.1%), according to recent data from the analytics firm Headset.

New Mexico adult-use cannabis dispensaries sold more than $300 million worth of product during the first year they were permitted.

Lawmakers in the Montana Senate Business, Labor and Economic Affairs Committee voted 6-4 against a proposal that sought to eliminate adult-use cannabis sales in the state.

A Montana proposal seeks to eliminate the state’s adult-use cannabis dispensaries and raise the medical cannabis tax from 4% to 20%.

Pennsylvania’s latest adult-use cannabis legalization proposal would see state-licensed liquor stores control the retail cannabis market.

Illinois generated $36.1 million in tax revenue from cannabis sales to Wisconsin residents last year, according to a recent report.

A recent proposal in Washington state would create about 100 new retail adult-use cannabis dispensary licenses reserved for social equity applicants.

New York is being sued by several of its medical cannabis operators over the state’s plan to give the first adult-use retail cannabis licenses to social equity applicants.

New York’s slower-than-expected adult-use cannabis roll-out could cost the state $2.6 billion in related tax revenues over the next eight years, according to a new report.

Michigan’s average price-per-ounce for cannabis flower fell from $152 in January 2022 to just $80 in January 2023.

Lawmakers in the Maryland House passed a bill to establish regulations for the state’s forthcoming adult-use cannabis market.