MJ Research Report: Washington’s Average Daily Pot Sales Jump To $1.21M For April

Washington set a new record single day sales with $1.84M in Sales on May 1st.

By Joe Armes WASHINGTON: Legal marijuana sales in Washington State broke the $1M per day mark in April, averaging daily sales of $1.21M.  The expanding commercial market reached this milestone on track with Analytically Correct’s predictions. Here are a few additional key insights from the forecast: Washington set a new record single day sales with $1.84M in Read the full article…

MJ Research Report: Washington State 2015 Legal Pot Sales Outlook: $350M To $495M

Utilizing the 25 weeks of sales data we have from 2014, Analytically Correct has modeled Washington State’s legal recreational cannabis sales for 2015.

By Joe Armes Washington: 2014 was a groundbreaking year for legal recreational cannabis in Washington State.  The year was about setting the groundwork for the future with opening of the first recreational cannabis businesses and establishing a steady supply for the market. While the Washington State Liquor Control Board (LCB) won’t have the complete December Read the full article…

Cannabis Industry Demands Reliable MJ Metrics and Business Intelligence

Ben Livingston Successful businesses need market data and research to maximize their profits. This is certainly true in the nascent legal cannabis industry, where entrepreneurs often work with minimal information about their customers, their competitors, or overall market capacity and trends. With retail cannabis prices creeping over $30 per gram in some Washington pot shops, Read the full article…