Washington: Cannabis Sales Exceed $1.1 Billion In 2017

Edibles are changing the marijuana marketplace

WASHINGTON:  Retail marijuana sales in Washington state exceeded one billion dollars during the first nine months of 2017, according to data compiled by the State Liquor and Cannabis Board. Retail sales now stand at record highs, with monthly sales exceeding $130 million – up from $106 million in February. Overall, year-to-date marijuana sales in Washington are $1,101,853,539. In Read the full article…

Massachusetts Marijuana Sales To Top $1 Billion By 2020

"Decriminalization of cannabis in five states between the years 2009 and 2014 was associated with large and immediate decreases in drug-related arrests for both youth and adults. ... The sharp drop in arrest rates suggests that implementation of these policies likely changed police behavior as intended."

MASSACHUSETTS: Arcview Market Research, in partnership with New Frontier Data, has released its Massachusetts Legal Cannabis Market State Profile, which shows the potential growth of the legal marijuana market after Massachusetts voters legalized adult-use on Election Night 2016. The official Arcview Market Research projection for the Massachusetts market is that it will grow to over $1 Read the full article…