Money related Marijuana Sales Are Growing Exponentially Across the U.S. and Canada by Sophia Vida March 25, 2020 The coronavirus may have sent the market plunging, but it sent sales of marijuana skyrocketing. According to data platform Flowhub, between March 16 and March 22, sales of recreational cannabis across key US markets, including ...
Trends & Articles This is How Much Marijuana Michigan Sold In Its First Week of Sales by Sophia Vida December 11, 2019 Michigan just finished its first week of legal recreational marijuana sales and the amount the state made is tremendous. Recreational marijuana sales totaled about $1.6 million in the inaugural week of business at the first r...
Legal Related Recreational Marijuana in Michigan May Not Be Available Until Next Spring by Sophia Vida October 30, 2019 It's been almost a year since voters in the state of Michigan legalized marijuana for recreational use and according to an article in the Detroit Free press, it may be awhile until the drug goes on sale. The state is now prepar...
Trends & Articles Legal U.S Marijuana Sales to Hit $41 Billion by 2025 Says Nielsen by Sophia Vida September 20, 2019 Nielsen, a worldwide data and information global research firm, has projected that legal cannabis sales in the U.S. will reach $41 billion by the year 2025. The forecast includes all products manufactured from the marijuana pla...
Trends & Articles Cannabis Market Globally Could Reach Nearly $15 Billion in 2019 by Sophia Vida June 21, 2019 According to industry insiders, the world's cannabis market could hit $14.9 billion this year. This would be a jump of 36% compared to last year. This year's "The State of Legal Cannabis Markets" report has evaluated the cannab...
Legal Related Recreational Marijuana in California Didn’t Do That Great So Far by Sophia Vida December 28, 2018 It's been almost a year since recreational marijuana sales became legal in the state of California and many were expecting the drug to become a cash crop for the state. According to a Los Angeles Times report, the industry didn...
Trends & Articles The Holiday Season Could Be Big for Marijuana Sales by Sophia Vida December 15, 2018 Last year, the three states where recreational marijuana were legal: Colorado, Nevada, and Washington, saw a 10% increase over the week of Thanksgiving when it came to sales. The states then saw a 22% increase in sales a week b...
Trends & Articles Black Friday.. Cyber Monday.. How About a Green Wednesday? by Sophia Vida November 22, 2018 Retailers are pushing for a new day of big sales the way Black Friday and Cyber Monday does it. This time they are thinking green and are promoting "Green Wednesday" as an unofficial shopping holiday that will happen ahead of t...
Trends & Articles Wall Street Analyst Says Legal Marijuana Could be a $47 Billion Market in the U.S. by Sophia Vida August 22, 2018 According to RBC Capital Markets, Constellation Brands' recent investment in Canopy Growth is "exactly the type of move that more companies should be making." The firm estimates that legal marijuana sales in the U.S. could reac...
Trends & Articles Report Says Legal Marijuana in the U.S. Could Hit $10B This Year by Sophia Vida June 02, 2018 According to a report released by Marijuana Business Daily, entitled, "2018 Marijuana Business Factbook," legal sales of marijuana could hit $10 billion in 2018 in the United States. It could then skyrocket to $22 billion by 20...