Market Research

Michigan Reports Cannabis Sales Grew Just 5% in March

After a 1.5% sequential gain in February, Michigan cannabis sales fell by 1% in March, growing 5.1% compared to a year ago to $153.2 million: The Michigan Marijuana Regulatory Agency...
- April 12th, 2022 at 10:30 am

Illinois Cannabis Sales Increase 14.6% Sequentially in March

After rebounding in February from very weak January levels, Illinois adult-use cannabis sales advanced in March. Sales of $131 million rose 15% from February, stronger than the longer month alone would suggest. Compared...
- April 5th, 2022 at 3:28 pm

Cannabis Sales Bounce Back in February

Editor’s note: This article has been revised as of 4/12/22 due to a substantial number of revisions to the original data provided by BDSA Following a sharp bounce in...
- April 5th, 2022 at 9:00 am

American Cannabis Operator Index Declines 4% in March

After breaking a string of eleven consecutive monthly declines in February, the American Cannabis Operator Index fell 4.2% in March to 38.99: The index, which fell 23.4% in Q4, has declined...
- April 1st, 2022 at 8:38 am

Canadian Cannabis Stocks Fall 1.4% in March

The Canadian Cannabis LP Index fell for the ninth consecutive month, declining 1.4% to 169.46 in March: The index, which fell 29.2% in 2021 to end at 194.95, is down 13.1%...
- March 31st, 2022 at 5:20 pm

Ancillary Cannabis Stocks Gain 2.7% in March

The Ancillary Cannabis Index bounced back from a weak beginning to the year, advancing 2.7% in March to 52.89: The index has declined 47.1% since its introduction at the end of...
- March 31st, 2022 at 4:48 pm

Canadian Cannabis Sales Declined 2% in January Sequentially

Statistics Canada released January retail sales for the country this morning, with cannabis sales decreasing from December by 2.1% to C$347.2 million. December was revised substantially lower from the previously reported C$382.4...
- March 18th, 2022 at 8:49 am

Michigan Cannabis Sales Rebound in February

Following a January plunge in adult-use sales, Michigan cannabis sales in total gained 1.5% to $154.8 million in February, up 47% from a year ago: The Michigan Marijuana Regulatory Agency breaks out...
- March 11th, 2022 at 8:35 am

Illinois Cannabis Sales Climb 29% in February

After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February. Sales of $114 million fell...
- March 9th, 2022 at 1:40 pm

Cannabis Sales Sluggish to Start 2022 According to BDSA Data

After a very sharp bounce in December from November, cannabis sales experienced large sequential declines in January across markets covered by cannabis data analytics firm BDSA. The year-over-year growth rates were...
- March 2nd, 2022 at 11:09 am

Canadian Cannabis Stocks Slide Almost 3% in February

After retreating 26% in Q4, the Canadian Cannabis LP Index extended its losing streak to seven months in January, declining 9.5% to 176.42. In February, the pace of the decline slowed,...
- February 28th, 2022 at 5:05 pm

Cannabis Sales Bounced in Key Markets in December

The stabilization of the growth in cannabis sales during November after tough comparisons in recent months was again evident in December across markets covered by cannabis data analytics firm BDSA. Even...
- February 2nd, 2022 at 11:59 am

Ancillary Cannabis Stocks Plunge 16.5% in January

Following up on our discussion in early 2021 about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the...
- January 31st, 2022 at 4:46 pm

American Cannabis Operator Index Declines 7.4% in January

The American Cannabis Operator Index began 2022 with its 11th consecutive decline, falling 7.4% to 38.62: January’s performance follows a Q4 decline of 23.4%. After gaining 45.7% in 2020, when it...
- January 31st, 2022 at 4:26 pm