cannabis retail sales

The U.S. cannabis industry continues its impressive growth, generating over $32 billion in annual retail sales as of 2024, according to data from LeafLink. This marks a 10.8% year-over-year increase, with $2.8 billion in sales recorded in October 2024 alone. From its humble beginnings, cannabis now...

Too busy paying rent to roll joints? For Millennials, pre-rolls are a $3 billion solution, claiming 44.6% of the market. Convenient and ready to go, these tidy joints have become a coping mechanism for a time-strapped generation. A white paper from Custom Cones USA and data firm Headset provides a...

With Florida's recreational cannabis vote looming, Pablo Zuanic of Zuanic & Associates anticipates a high-stakes shakeup in the state's cannabis market. His latest analysis reveals a volatile mix of market deflation, rapid retail expansion and an active M&A landscape as key companies...

According to a recent report from Beacon Securities, cannabis sales in Colorado and Connecticut are showing mixed results, reflecting both growth and challenges in the legal cannabis market. Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your...

Cannabis market research firm BDSA published a report on the cannabis beverages market, detailing significant growth and trends in 2024. According to the late July report, the cannabis beverages category saw retail sales totaling $54 million across BDSA-tracked markets in Q2 2024, marking an 8...

As Ohio begins recreational cannabis sales on August 6, Pablo Zuanic, senior analyst at Zuanic & Associates has initiated coverage of Vext Science (OTC: VEXTF) with an Overweight rating, highlighting the company's significant growth potential. Zuanic calculates that Vext has the...

Legal cannabis sales in Michigan achieved a record high of $837 million in Q2 2024, marking a 6% increase from $793 million in Q1 2024 and an 11% rise from $753 million in Q2 2023, according to a report by Beacon Securities. June's total sales were $279 million, slightly down by less than 1%...

Standard pre-roll sales accounted for $10.91 million, a 6.3% rise, while infused pre-rolls generated $13.28 million, up by 2.6%. RollPros' latest Colorado Pre-Roll Market Report reveals a significant growth trend in the pre-roll segment, with overall revenue reaching $24.19 million, marking a 4...

In the spotlight of Viridian Capital Advisors' latest Weekly Valuation Report are 16 Tier 2 and 3 U.S. cultivation and retail cannabis companies, each boasting market capitalizations between $10 million and $200 million. This deep dive into the sector, amidst a notably quiet week for equity...

Sorting Robotics, co-founded by ex-NASA-JPL engineers and known for introducing the first automated pre-roll infusion machine, has launched AuraOne - a cutting-edge robot designed to produce over 1,000 pre-rolled joints per hour. In an exclusive interview with Benzinga Cannabis, CEO Nohtal...

Valentine's Day presents a promising growth avenue in cannabis retail, particularly in niche product areas like edibles and topicals, highlighted by BDSA analyst Brendan Mitchel-Chesebro in an exclusive with Benzinga Cannabis. This period marks a unique market opportunity, underscoring the day...

BDSA's analyst Brendan Michel-Chesebro sheds light on the potential of cannabis products on the U.S. cannabis market, highlighting the significant opportunities and risks for 2024. Opportunities and Risks in Hemp Products Hemp-derived products, unlike their cannabis counterparts, are not bogged...

SpringBig Holdings Inc (OTCQX:SBIG), a provider of SaaS-based marketing solutions, consumer mobile app experiences and omnichannel loyalty programs to the cannabis industry, has launched “Gift Cards by Springbig.” This addition to their platform offers enhanced payment solutions for...

The Thanksgiving cannabis market exhibits a nuanced shift towards infused culinary products, presenting retailers with an opportunity to tailor their offerings and enhance consumer experience during the holiday season. Brendan Mitchel-Chesebro, analyst at market research firm BDSA, sheds light on...

Pre-rolled joints have emerged as a rising star in the cannabis market, sparking a significant shift in consumer preferences. Analysis firm Headset's latest report dives into the evolving landscape of pre-rolls, shedding light on the factors driving their popularity and what lies ahead....