Support for the adult-use marijuana industry in Maine is strong, especially cultivation, despite a divide over allowing retail shops in some municipalities. This comes at a time when cannabis has emerged as Maine’s most valuable crop, overtaking …
Marijuana Industry Statistics, Data and Charts
New Mexico’s medical marijuana sales rise as prospects for recreational legalization improve
New Mexico’s medical marijuana sales have nearly doubled in the past two years despite strict plant-count limits, and the state might be better positioned to legalize recreational cannabis after neighboring Arizona did so last month. Marijuana Business…
Anchorage recreational marijuana sales a bullish indicator of Alaska’s growing market
Recreational marijuana sales in Alaska’s largest city continued to grow in 2020 despite the COVID-19 pandemic, highlighting the resiliency of the state’s adult-use industry even in challenging conditions. Anchorage posted a record $9 millio…
Canadian cannabis greenhouse space in retreat as outdoor capacity doubles
Canadian cannabis producers were sitting on nearly three times more licensed outdoor-grown canopy than indoor capacity in August, the latest data from the country’s federal regulator shows. The gap between indoor and outdoor cultivation is wideni…
Metrc sees new seed-to-sale tracking markets, welcomes cannabis industry’s ‘constructive criticism’
With five states voting in favor of new marijuana markets last month, Metrc sees fresh opportunities to extend its dominance in the seed-to-sale tracking business by winning new government contracts. The Florida-based company also acknowledged its trac…
Premium-priced cannabis products take a larger share of overall flower sales
Even during tough economic times, marijuana consumers are turning to higher-priced flower products – a signal that cannabis users are increasingly willing to spend more money on such merchandise. The trend could be mirroring the beer and wine sec…
Supply-demand imbalance grows for Canadian cannabis edibles
Makers of edible cannabis products in Canada continue to stock more goods than they’re able to sell, the latest data from Canada’s cannabis regulator shows. In August, federal license holders, provincial distributors and retailers held almost 10 millio…
Election underscores voter shift in favor of marijuana legalization
An analysis of votes cast for marijuana ballot measures in 2020 shows that while voters remain divided over legalization based on political affiliation and geography, the overall electorate has shifted in favor of accepting both medical and adult-use c…
Report: Canadian cannabis firms received millions in pandemic subsidies
Cannabis businesses in Canada benefited from millions of dollars in pandemic-related subsidies via the federal government, according to research by the publication the Deep Dive and verified by Marijuana Business Daily. Other businesses tapped into int…
$6 billion question: Which states are likely to legalize recreational marijuana in 2021?
Recreational marijuana legalization victories at the ballot box in Arizona and New Jersey this month have set the table for adult-use legalization in a handful of nearby states in 2021 – with more than $6 billion in business opportunities possibly up f…