Retail

Ohio officials noted a $3 million jump in retail cannabis sales in the weeks leading up to this year’s 4/20, which was the first 4/20 celebration since the state launched adult-use sales.

Massachusetts lawmakers are considering eight different bills that seek to raise the cap on cannabis dispensary licenses in the state, potentially doubling or tripling the number of dispensaries allowed per licensee.

For the second legislative session in a row, Virginia Gov. Glenn Youngkin (R) has vetoed a proposal to implement a regulated, adult-use cannabis industry in the state.

Total cannabis sales in Ohio have now surpassed $2.5 billion, with recent sales driven largely by the launch of the state’s adult-use cannabis industry last year.

The California Cannabis Awards — now an annual event at the California State Fair — is adding new product categories this year for blunts, hash, and cannabis-infused chocolates.

Combined medical and adult-use cannabis sales in Arizona totaled $1.1 billion last year, less than the nearly $1.3 billion in sales in both 2022 and 2023.

Officials with the Nevada Cannabis Compliance Board told lawmakers during a presentation that illicit cannabis sales, which have grown to a $242 million industry, are cutting into the state’s cannabis tax revenue by undermining the legal market.

Ohio cannabis dispensaries have sold $255 million in cannabis products since the state’s adult-use market launched six months ago.

A California Senate proposal looking to limit the sales of illegal, unlicensed cannabis products would set new rules for online cannabis marketplaces.

Both chambers of the Virginia Legislature have passed bills this session to legalize adult-use cannabis sales. The governor, however, has said he will veto any legislation containing regulations for a cannabis marketplace — as he did last year.

Cannabis prices in Oregon are at an all-time low as the state continues to set new cannabis harvest records each year.

Massachusetts cannabis retailers set a new annual sales record in 2024 with $1.64 billion in combined adult-use and medical cannabis sales.

Lawmakers in the Virginia Senate Rehabilitation and Social Services Committee have advanced a bill to create a legal framework for adult-use cannabis sales in the state.

Officials in Toronto said they will stop cracking down on illegal cannabis shops due to budget and safety concerns.

The Ohio Division of Cannabis Control said the state’s cannabis industry sold more than $242 million worth of products in 2024, including 32,000 pounds of raw plant material and 4 million pounds of manufactured products.

Two Oklahoma proposals seek to impose new restrictions on the state’s medical cannabis industry: one bill would reduce purchase limits, and the other contains new industry advertising restrictions.

The New York adult-use cannabis industry recently exceeded $1 billion in total sales according to the annual Office of Cannabis Management industry report.

The price of cannabis flower in Ohio’s new adult-use market fell $50 in the last four months, from $261.50 in August to $211.00 in December.

The Delaware Office of the Marijuana Commissioner has awarded the state’s first 15 adult-use dispensary licenses. The winners were selected by lottery from a pool of 529 applicants.

Licensed cannabis dispensaries in Massachusetts have surpassed $7 billion in sales since the adult-use market launched in 2018.

Connecticut cannabis prices hit an all-time low this year at $10.86 per gram, according to data from the Department of Consumer Protection.

The average price of cannabis flower in Michigan dropped to $74 per ounce in October, down almost $20 from September.