-
Cannabis Valuations Plummet: West Coast Dispensaries See Major Drops
Monday, August 26, 2024 - 4:01pm | 635The cannabis industry, once characterized by sky-high valuations and rapid expansion, is now facing a harsh reality: dispensaries that were worth millions just a year ago are now struggling to find buyers at a fraction of that price. As Debra Borchardt noted in Green Market Report, according to...
-
Arizona Cannabis Market Faces Decline In Sales Though Valuations Remain Strong
Thursday, August 22, 2024 - 10:56pm | 826Arizona’s cannabis market, once hailed as a rising star in the industry, is now grappling with significant challenges. Despite the continued strength in asset valuations, the state has seen a marked decline in both medical marijuana and adult-use cannabis sales. Between August 2022 and July...