Two charts on Midwest cannabis sales
Right on time, the big Midwest states’ cannabis sales have plateaued. Also, medical sales in Michigan continue to plunge as Ohio and Missouri’s medical sales steadily grow.
Ohio
Once a strong suit, Michigan’s medical sales are cratering
Michigan’s medical cannabis sales are collapsing. Two years ago the state’s medical cannabis sales totals were almost three times what they are today.
Ohio medical cannabis survey finds 72% of prescribed don’t use program
State data compiled for the study also found that while 546,000 people had been recommended to the program by a physician, less than half that number actually registered, and half that number again are active participants in the program.
Five charts that show Michigan’s cannabis price crash – with worse to come
Retail adult use cannabis prices in Michigan are half of what they were a year ago and newly reported data from state regulators suggest they have even further to drop this year.
Four charts: Increasing sales in Midwest and New England, but some declining margins
Most Midwest states and New England sales totals generally stayed flat during the summer months.
Cannabis retail sales slightly down in many Midwest, Eastern states
Industry experts like CannaBizIL executive director Pamela Althoff says May’s slight sales decrease isn’t a sign of bad things to come, but likely because workers returning to the office are consuming less cannabis than they would in the privacy of their own homes.
Cannabis educators in Ohio anticipate more participation with adult use potential on the horizon
“Learning information will help everyone in the industry and outside of it. Having knowledgeable people behind the counter matters.”
New Ohio dispensary licensees plan their next moves
The Ohio Board of Pharmacy awarded 72 new RFA II provisional dispensary licenses last Monday, more than doubling the number of current licenses in the state.
Ohio activists trying to find a new path to expand cannabis access before 2023
Some in the cannabis industry say they accept the agreement for what it is, like CannaRev Solutions founder Greg May, but believe that more should be done in the meantime.
With only three licensed testing labs, Ohio testers work to keep up
Ohio has only three licensed cannabis labs serving 37 cultivators and 46 processors.
