Tag: CBT > Business Issues/ Benchmarks > Cannabis Price Compression

California

California County to Lower Cannabis Cultivation Tax as Outdoor Flower Price Drops to $277 Per Pound

The tax rate per square foot is set to decrease for outdoor, indoor and mixed-light cultivation in Sonoma County’s unincorporated areas; retail tax will increase.

April 26, 2024

Cannabis Sales Trends

This Year’s 4/20 Poised to Be the Biggest Yet

With the cannabis industry holiday falling on a Saturday and more adult-use markets online than ever before, analysts predict sales will soar above 2023’s strong performance.

April 16, 2024

Massachusetts

Massachusetts Cannabis Sales Continue Growth With Record March Revenue

The state’s dispensaries sold 4% more cannabis in Q1 2024 than a year ago as the average flower price continues to trend downward at an all-time low.

April 9, 2024

California

California’s Adult-Use Cannabis Market Eclipsed $5.1 Billion in ‘Taxable Sales’ in 2023

The state’s tax department released year-end figures showing a 4.7% year-over-year decline.

February 27, 2024

Colorado

How Much Did an Ounce of Cannabis Flower Cost in 2023?

While average prices per ounce hit rock bottom in some states this past year, prices in other markets remain relatively high despite comparable maturities.

December 30, 2023

Michigan

Michigan’s 4-Year Adult-Use Sales Anniversary: A Visual Recap

December 1, 2023

California

California Cannabis Sales: A Midyear Review

The state’s licensed retailers experienced a slight rebound in the second quarter of 2023, but per capita figures still lag behind legalization peers.

September 1, 2023

Cannabis Price Compression

Cannabis Conference to Feature Home Grow, Medical Cannabis Research Education

These groundbreaking sessions will dive into the realms of personal cultivation and the cutting edge of medical cannabis research.

August 2, 2023

Cannabis Price Compression

Cannabis Conference 2023 Is Almost Here

Here’s a look at key elements of the industry’s leading event for plant-touching cannabis businesses.

July 27, 2023

Pennsylvania

MSO Parallel to Shut Down Goodblend Operations in Pennsylvania; 76 Workers Impacted

The vertically integrated cannabis company is exiting the state’s medical market entirely.

July 21, 2023

Cannabis Price Compression

Lindsey Renner on Surviving the Downturn

The owner of Native Humboldt Farms shares strategies she's implemented to lower production and post-harvest costs and improve efficiency, as well as advice she has for other growers during these challenging times.

July 18, 2023

Employee Retention in the Cannabis Industry

How Jushi Manages Employee Morale During a Market Downturn

Jushi’s Chief People Officer Nichole Upshaw shares strategies to maintain a strong company culture and boost employee morale amidst a market downturn.

July 17, 2023