Denmark’s medical cannabis pilot program notched another positive quarter, but the number of unique consumers remains well below the trial’s peak seen one year ago. The Danish market’s struggles demonstrate how businesses need to fact…
Marijuana Industry Statistics, Data and Charts
Nevada marijuana market regains footing after strict COVID-19 restrictions, fewer tourists
Nevada’s recreational marijuana sales have largely recovered, having slumped in the spring from some of the strictest coronavirus shutdown measures in the nation and dwindling numbers of tourists visiting Las Vegas. Industry officials link the re…
Could New York’s limited medical cannabis program hamper a new adult-use market?
New York could potentially become one of the biggest marijuana markets in the world, but its existing medical cannabis program is heavily regulated and has experts questioning how a possible adult-use market would fare. Gov. Andrew Cuomo wants to steer…
Marijuana legalization proponents outraising opponents 36-to-1 in 2020
Financial support for marijuana legalization, both medical and recreational, has grown significantly in 2020 compared to 2016. Proponents of state ballot measures have outraised opponents this election season by almost 36-to-1, a massive increase from …
Supply glut grows for Canadian edibles, dried cannabis
The discrepancy between sales of cannabis edibles and inventory in Canada is growing, according to the most recent data from the federal health regulator. In June, some 7.8 million packaged units of cannabis edibles were held in stock by federal licens…
Canadian cannabis sales grow to nearly CA$245 million in August
Canadian sales of legal adult-use cannabis grew by 5.2% from July to August, reaching a monthly total of 244.9 million Canadian dollars ($186.9 million). The monthly record for Canadian marijuana sales implies an annualized market worth more than CA$2….
Recreational cannabis brand and product expansion slow in US markets
Marijuana companies are slowing the rollout of new brands and products in what might be the latest sign of market maturity in early states that legalized adult-use sales. This is good news for established cannabis brands as competition for shelf space …
Missouri launches medical marijuana sales; market could hit $650 million a year
Missouri’s medical cannabis market launched over the weekend, with a pair of retail outlets outside St. Louis seeing long patient lines in a state where MMJ sales could hit an estimated $650 million a year by 2024. The limited market launch is occurrin…
Study: ‘Cannabis light’ used in Italy in place of sedatives, antidepressants
Sales in Italy of so-called “cannabis light” – low-THC and CBD-rich flowers derived from hemp – have been linked to a drop in purchases of different medications, indicating some patients chose to abandon prescription drugs in favor of self-medication w…
Study highlights lack of diversity in Canada’s legal cannabis industry
Leadership positions in Canada’s regulated marijuana sector continue to be held predominantly by white males, according to a statistical analysis released this week. The new analysis from the University of Toronto’s Centre on Drug Policy E…