Marijuana Industry Statistics, Data and Charts


Chart: US wholesale cannabis prices end 2019 firm, then fluctuate in first four months of 2020

Wholesale cannabis prices ended 2019 on a strong note across the United States – good news for growers after a brutal 2018 – but the first four months of 2020 have provided far less certainty for cultivators. According to the U.S. Spot Index from Cannabis Benchmarks, prices peaked in mid-February. Since then, the volume-weighted average […]

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Canadian bank slashes cannabis sales forecast to CA$2.5 billion for 2020

One of Canada’s largest banks trimmed almost a billion dollars off its 2020 forecast for adult-use cannabis sales, mostly because of issues arising from a slow rollout of regulated stores in key provincial markets as well as locations shuttered because of the COVID-19 pandemic. CIBC Capital Markets, the investment banking subsidiary of the Canadian Imperial Bank […]

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Marijuana lobbyists focus on next big coronavirus-aid package after doling out $5 million-plus in 2019

The marijuana industry spent more than $5 million lobbying federal lawmakers on Capitol Hill in 2019 in hopes of pushing cannabis banking and other reforms past the finish line, but those efforts suddenly have been upended by the COVID-19 outbreak. Lobbyists and industry officials now are trying to persuade Congress to allow state-legal marijuana businesses […]

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Canada’s pre-pandemic recreational cannabis sales stagnate in February

Canada’s adult-use cannabis sales fell to just under CA$150 million ($105.7 million) in February, the last full month of purchases before the COVID-19 crisis slammed the global economy. Eight of the 13 provinces and territories experienced lower sales in the month, according to the latest Statistics Canada data, but most of the decreases were within […]

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Supply issues still hinder Uruguay recreational cannabis market growth

Just under 4,000 kilograms (8,800 pounds) of recreational marijuana was sold via Uruguay’s pharmacies since the program was launched in July 2017, according to a recent report from the Institute for the Regulation and Control of Cannabis (IRCCA). Sales would have been higher had enough supply been available for registered consumers, according to the regulator’s […]

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Chart: Cannabis CEOs reap benefits beyond salary

When it comes to CEO compensation, base salary is often only a fraction of the story – and this is as true in the cannabis sector as it is in other industries. Total compensation packages for cannabis executives often include a variety of other elements, from stock options to car allowances (part of former Canopy […]

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Chart: Forced store closures hit Massachusetts marijuana retailers to the tune of $2 million per day

Lost recreational marijuana sales in Massachusetts stemming from forced store closures already could amount to $40 million among the state’s cannabis retailers, underscoring business owners’ need to be strategic about their operations during the COVID-19 pandemic. Massachusetts adult-use marijuana retailers, which were forced to close on March 24 by the governor, might be missing out […]

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Cannabis producers in Australia avoid ‘nonessential’ designation

Australia’s government has identified specific “nonessential” industries in order to apply restricted operations to fight the novel coronavirus pandemic – and medical marijuana is not on that list. That means medical cannabis producers and their supply chains may remain operational as far as the federal government is concerned. “Businesses within the medicinal cannabis industry were […]

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Number of Danish medical cannabis consumers plummets on CannTrust suspension

The number of patients accessing Denmark’s medical cannabis pilot program nearly halved in the third quarter of 2019, largely because of supply interruptions related to Canadian producer CannTrust’s regulatory misconduct. Unique consumers fell to 582 in the July-September period from 1,045 in the April-June quarter, according to Danish Health Authority data published last week. The […]

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Chart: Coronavirus takes its toll on March adult-use marijuana sales

Recreational marijuana sales in four key markets decelerated in March as the COVID-19 crisis continues to disrupt both the cannabis industry and the broader U.S. economy. According to point-of-sale data provided by Seattle-based Headset, recreational cannabis sales in Colorado and Nevada declined from March 2019 to March 2020, the first time that monthly adult-use sales […]

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