Black ink is the new black
American public cannabis companies are trending towards profitability.
Chart of The Week
Missouri’s little numbers are big
Perhaps the biggest story is that little sliver at the bottom right of the chart, where Missouri turned in a tiny 2.4% of Illinois’ raging sales month.
After two month wait, Michigan releases numbers that show big cannabis sales drop
Michigan’s medical cannabis sales have dropped by $15 million on a monthly basis since July.
Big MSOs still struggling to be – and stay – profitable
More publicly traded cannabis companies are breaking even – but far from all, as of second quarter results reported earlier this year.
Michigan medical cannabis patients trend down, while Ill. and Mo. go up
Each state has a totally different reason for why its medical cannabis patient rolls are going up or down.
Chart of The Week: Illinois and Michigan cannabis sales leveling out
Illinois and Michigan total cannabis sales stayed relatively steady for the third month in a row.
After months of surging sales, Michigan and Illinois cannabis sales cool off
Michigan legal cannabis sales dropped while Illinois legal cannabis sales leveled out.
Cresco Labs Reports Profits
Cresco Labs joined Trulieve, Green Thumb Industries, and Curaleaf among the ranks of “profitable” this last quarter.
Michigan cannabis sales tops $109M while Illinois continues to lag
Supply constraints are having a direct impact on pricing.
Illinois lags on dispensaries
Illinois has fewer legal cannabis dispensaries than any state, including Nevada, which has 9.7 million fewer people.
