cannabis sales

Following a drop in September cannabis sales numbers in Illinois, October figures totaled $142.3 million, a 4.2% increase sequentially, reported New Cannabis Ventures' Alan Brochstein. Cannabis sales for the first ten months of 2024 have reached $1.5 million, as recreational marijuana sales in...

Green Wednesday,to be celebrated next week on November 27, has become the cannabis industry's answer to Black Friday. This annual shopping event, known for its surge in sales, offers a critical opportunity for retailers to optimize their shelves based on insights into consumer behavior. According...

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...

Weed Is Not Legal In Florida But Medical Cannabis Retail Footprint Grows Nonetheless RISE Dispensaries, a cannabis retail chain owned by Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF), opened RISE Dispensary Orlando on Good Homes Road on Friday, Nov. 8. Located at 725 Good Homes Road, the new...

Reddit's cannabis critics help brands spot emerging trends and identify top strains before they reach dispensaries. From the early days of internet forums to today's thriving Reddit communities, cannabis discussions have transformed, offering unprecedented visibility into consumer...

Ohio's recreational cannabis market has experienced a remarkable rise since its official rollout in August 2024. In less than four months, the state has accumulated over $143 million in recreational sales, according to the Ohio Department of Commerce Division of Cannabis Control (DCC). This rapid...

Federal decisions on cannabis rescheduling and the SAFE Banking Act could reshape growth paths for multi-state operators (MSOs) and spark stock volatility across the industry. Meanwhile, states like Florida are considering recreational legalization, opening the door to substantial new revenue...

Cannabis brands looking to stand out in a competitive market need to focus on customer engagement, loyalty, and budtender partnerships, according to experts at the recent Benzinga Cannabis Capital Conference. Moderated by Laurie Parfitt, founder of LKP Impact Consulting, the panel "Good Reviews...

Canada's cannabis market is seeing a chilling stagnation, with 2024 showing nearly zero growth in consumer sales—a stark contrast to the double-digit gains of previous years. Amid this slowdown, certain products capture consumer interest, even as prices stabilize and competition intensifies. In his...

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...

Beau Whitney, founder and chief economist at Whitney Economics, revealed that total retail sales for the cannabis industry are expected to reach approximately $32 billion in 2024, with the potential to double within the next few years. At the recent Benzinga Cannabis Capital Conference in Chicago...

Cheech & Chong, the iconic comedy duo that ventured into cannabis is getting ready to celebrate the grand opening of their first shop in Maine. The Dispensoria is located at 58 Exchange Street in Portland, Maine and slated to open doors to customers this Thursday, reported WGME. “Our...

BIC is making headlines again with the launch of the limited-edition “Hold the Phone” Case by BIC EZ Reach Lighters. The company announced its multi-year partners – Snoop Dogg and Martha Stewart – are an inspiration for the two phone cases matching the celebrity duo’s...

Cannabis Giant Curaleaf Expands Florida Footprint Cannabis retailers are ramping up their presence in Florida, a medical cannabis market that could soon transition to recreational. That is if Amendment 3 gets the green light from the voters this November. The same companies have been pouring...