Sales

Cannabusiness

U.S. Cannabis Industry's Economic Impact Could Hit $130 Billion By 2024

Estimates published in the newly released Marijuana Business Factbook show the total economic impact of legal cannabis sales increasing 181 percent by 2024.

U.S. Retail Cannabis Sales On Pace To Rise 40 Percent, Eclipsing $15 Billion In 2020

Total U.S. sales could rise as high as $37 billion by 2023, Marijuana Business Daily data finds. Meanwhile, the coronavirus pandemic has thrown a huge curveball at projections.

Cannabis Sales Continue to Soar Through The Pandemic

Consumers are making the best argument that legal marijuana can help reignite the economy by purchasing cannabis products in record numbers across the country.

Nevada Sold $692 Million In Legal Cannabis Last Year. What Happens In 2020?

The state made $172 million in excise tax, sales tax, and licensing fees from cannabis in the 2019 fiscal year, Nevada's Dispensary Association reports.

Marijuana Industry Soars In Midwest, Even As Pandemic Lockdown Continues

Illinois and Michigan have seen rising cannabis sales. Meanwhile, in Massachusetts, recreational dispensaries were not deemed "essential" and still face an uncertain timeline for reopening.

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Europe Sold 240 Million Euros Worth Of Cannabis In 2019, New Report Shows

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People Are Spending Their Stimulus Checks On Cannabis

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Marijuana And Liquor Sales Rise As Americans Self-Isolate From Coronavirus

Americans have included marijuana and liquor as an essential good to have during the coronavirus outbreak.
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This State Sold Record $1.4 Billion in Cannabis Last Year

Recreational marijuana sales in Colorado were up 16 percent in 2019.
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Illinois Demand For Cannabis Is So High, Recreational Shops Close Due To Shortages

The losses in possible sales due to marijuana product shortages is easily in the millions of dollars, one expert estimated.
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'Microdosing Moms' and 'Divorced Dads' Emerge Among Cannabis Consumers

Thanks to legalization and the ability to consume discretely by vaping or snacking on edibles, ever more adults are using cannabis.
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What You Should Know About the World's First Direct-to-Stoner Marijuana Vending Machine, Man

The staid, old vending machine concept is getting baked. Where? Dude, we're talking Colorado, bro, where it's legal to get stoned.
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Colorado's Legal Marijuana Business is on Fire

This is how much revenue the state's pot industry has generated in just its first month.