recreational sales

Retail cannabis sales in Michigan, Benzinga's home estate, expanded 27.5% in 2022, reaching $2 billion. The Great Lake State is home to nearly 600 retail businesses, meaning there's a cannabis store for almost every 17,000 Michigan residents, MLive reported last year. However, these...

Connecticut's legal adult-use cannabis market launched a week ago. The first day of recreational cannabis sales, Jan 10, went smoothly with seven licensed shops selling $251,276 in weed by 5. p.m. For now, customers seeking recreational cannabis seem happy with the offering....

New York City To Get Another Cannabis Shop Manhattan will get its second dispensary on the heels of launching recreational cannabis sales on Dec. 29 at Housing Works' store, nearly 20 months after former Gov. Andrew Cuomo signed recreational marijuana into law. The "Union Square Travel...

Connecticut's legal adult-use cannabis market is officially rolling out on Tuesday, Jan. 10 around 10 a.m. As a total of seven retailers are getting ready to open, state officials are worried about the impact the move might have on children. Officials Worried About Health Impacts New...

Three Fine Fettle Shops Offer Marijuana As CT Recreational Sales Launch  Connecticut's recreational cannabis sales kicked off Tuesday, Jan.10 with current medical marijuana dispensaries shifting over to adult-use sales. Fine Fettle is among them and is running...

Five Rhode Island licensed medical cannabis compassion centers have gotten the green light to launch sales on or after December 1. “This milestone is the result of a carefully executed process to ensure that our state’s entry into this emerging market was done in a safe, controlled and...

Judge Gary L. Sharpe of the New York Federal District Court in Syracuse issued an order barring New York's retail cannabis dispensary application process in some state regions, which will affect dispensaries in Brooklyn, central New York, the Finger Lakes, Mid-Hudson and western New...

In a recent analyst note, Pablo Zuanic from Cantor Fitzgerald offered an update on the performance of Canada’s cannabis Licensed Producers in the August quarter, based on data obtained by the market scanner Hifyre. For Canadian recreational exposure, Zuanic recommends OW-rated cannabis...

Washington, D.C. lawmakers green-lighted emergency legislation to set up a recreational cannabis market by allowing people to self-certify as medical marijuana patients, without a doctor’s recommendation and to buy cannabis from licensed retailers. Sponsored by Councilmembers...

Vertically integrated cannabis company Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) is expanding its retail presence with the opening of its 33rd dispensary nationally and fourth dispensary in Nevada - NuLeaf Las Vegas The Strip. Following the opening of the new store located at 1600 Las Vegas...

After the rollercoaster that cannabis sales were on during the last four months, things settled down in March, and have remained flat since. Sales significantly dropped in January after a sharp month-over-month bounce in December, only to get back onto a growth trajectory in February...

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) will report its financial and operating results for the first quarter ended March 31, 2022, after market close on May 9, 2022. Management will host a conference call and audio webcast that evening at 5:00 p.m. ET consisting of prepared remarks...

On Monday, Tilray, Inc. (NASDAQ: TLRY) reported an 8% sequential drop in the second quarter net revenue to $155 million. Year-over-year, net revenue increased 20%. Total cannabis revenue saw a 16% quarter-over-quarter decline to $58.8 million, well below the FactSet consensus estimate of $66.6...

Michigan recreational and medical marijuana sales amounted to $115.4 million in March, according to Headset, a cannabis data analytics company. That's twofold growth compared to the same period last year. Benzinga's home state of Michigan launched recreational sales on Dec. 1, 2019....