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American Cannabis Coverage by State

Florida’s Cannabis Market Continues to Crumble – New Cannabis Ventures

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Florida’s Cannabis Market Continues to Crumble – New Cannabis Ventures

Every week, Florida Medical Marijuana’s Office (OMMU) is part of the State Health Ministry, publishes data on the State Medical Cannabis program, including the calculation of the active patient, and updates for each operator. These data include number of dispenses and unit of unit each week. This thirteenth new Cannabis ventures monthly update in the Florida Medical Cannabis Market. On May 2024, May 2024, we published a newsletter about the state, offering readers Beware of FloridaA number of this article is based Update provided to 9/05 By the state within 09/04 weeks. Readers who are interested in upcoming data can visit Ommu update pageA number

The patient’s growth has slowed down

We last updated in the Florida market in July and the annual growth rate of the annual patient decreased by 8.4% a year ago. The growth rate of March gathered a little, and it was again touched by the end of this last week from 7/10 to 4.3%. It has fallen a lot.

Although the number of patients is still growing, the growth is very low and significantly significantly a few years ago. 924k patient represents 4% of the population of the state. The number of patients decreased before the possible legalization of adults, but recently increased at a new height.

The year ended about 895K patients, and since then, the growth was 3.2%. This works 4.9% annual growth, which exceeds 3.5% of 2024, but below the 11.0% increase in 2023.

Over the years, some program improvements have helped Florida residents of the Medical Cannabis, which now has a vessel flower and Swedes. Afterwards, the post-election epidemic population booms to help the patient’s growth. A year ago, 674 to 730 periods have increased. This is an increase of 8.3%, which is much faster than the growth of the medical cannabis’s patient than 4.3% from that time.

Unit growth remains strong

During the last week, the sale of medical cannabis products increased by 12.0% a year earlier. Flower flowers have expanded 11.3% after the end of 09/05/24. The increase in the unit remains higher than the acquisition of income and winning the patient. There are more shops, and the volume of the unit is growing.

We shared Florida’s income only by 1,4% to the beginning of a year, according to BDSA. This was then a record low. Florida’s growth took a little later, but in March it fell by 0.5%, the first annual fall. In April, it fell rather, decreasing 2.7% compared to the previous year. It was unchanged in May. In June, it increased, but the growth was only 1.7%. In July, it increased by 2.4% and Up to 2.5% was selected in AugustThe growth of a number of patients and the growth of the dispensary led to the growth of the unit, but the total sales in the first two months of Q3 was only in Marginalia.

Florida MSOS is weak

We have warned the readers on May 17, 2024, in Blorida, as investors seemed too optimistic. Since then, the entire Cannabi market has spread, and the entire MSOS group is low, especially since the default of the adult’s ballotee’s initiative in November. All four Florida leaders have decreased significantly, although 09/04/25, especially Ayr Hollness.

The general sphere is measured by the NCV Global Cannabis stock index, last night, at 6.92, and the NCV American CANNABIS operator, which currently has 10 members and closed to 12.19, decreased by 41.2%. All Florida 4 have fallen over both. MSOS now has a Curalef and Thualief with 45.6% of ETF, 5/16 / 24 downs 53.2%. Planet 13, which has acquired the achievement that made them a great role in Florida, decreased by 63.6%, which is better than four FLORIDA leaders.

Investors were disappointed that Florida voters did not pass the initiative to legalize adults, and they will most likely be pleased with a mature medical market that slows and becomes more competitive. Investors must be careful with the great Florida operators from our point of view. Although they have fallen significantly, they could fall more, because the market is getting worse.

Alan-Browntyin, CFA

Based on the Houston, Alan cries out his experience as the founder of the online community 420 InvestorThe first and still the biggest decent diligent platform focused on the shares sold in the cannabis industry. Alan continues to find new ways to connect industry and facilitate its sustainable growth in the Canepuni community. Approximately New hemp enterprisesHe is responsible for content development and strategic alliances. Until the early 2013 focuses on the cannabis industry, Alan, who began his career in Wall Street, worked as more than two decades of research and portfolio. Article 650 of the Article 650 published in 2007 Looking for alphaWhere he has 70,000 followers, Alan is a frequent speaker for industry conferences and a Frequent source The media, including NY Times, Wall Street Journal, Fox Business and Bloomberg TV. Contact Alan. Ration | Facebook | Connection | Email

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American Cannabis Coverage by State

Cannabis Sales Failed to March – New Cannabis Ventures

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Cannabis Sales Failed to March – New Cannabis Ventures

New Cannabis Ventures offers readers this easy-to-read exclusive summary of BDSA’s 15-state monthly cannabis sales data.

Cannabis sales rose 6.5% sequentially in March. Adjusted for the higher number of days, sales were down 3.8% sequentially on a daily basis. In this review, we break down the results by state, starting with the western markets and then ending with the eastern markets. Overall, the BDSA estimates sales in 15 markets totaled $2.14 billion in March, up 1.6 percent from a year ago.

Western markets

BDSA provides coverage for Arizona, California, Colorado, Nevada and Oregon. In March, annual growth was negative in four states. Growth in each of these states fell consecutively on a daily basis.

Eastern markets

BDSA provides coverage for Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, Ohio and Pennsylvania. In March, annual growth ranged from -6.8% in Florida to +32.7% in Ohio. Ohio began using adults in August, spurring growth. Note that Florida and Pennsylvania are medical markets only. On a daily basis, sequential growth declined in seven out of ten markets. Annual growth was negative in five markets and rose sharply in only two states. We warned of a potential slowdown in Florida despite strong dispensary and unit volume growth due to competitive pressure.

For readers interested in a deeper look hemp markets in these fifteen states and more, including segmentation by additional product categories, brand and product details, longer history and segmentation by product attributes, learn how BDSA Solutions can give you access to actionable data and analytics.

Alan Brochstein, CFA

Based in Houston, Alan leverages his experience as an online community founder 420 Investorthe first and still the largest due diligence platform focused on publicly traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. time New Cannabis Ventureshe is responsible for content development and strategic alliances. Before turning his attention to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst with more than two decades of research and portfolio management experience. A prolific writer, with over 650 articles published since 2007 Looking for Alphawhere he has 70,000 followers, Alan is a frequent speaker at industry conferences and frequent source Media including the NY Times, Wall Street Journal, Fox Business and Bloomberg TV. Contact Alan. Twitter: |: Facebook |: LinkedIn: |: El

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Cannabis Sales Sank in Illinois – New Cannabis Ventures

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Cannabis Sales Sank in Illinois – New Cannabis Ventures

Illinois released sales figures for two months recently. The data was published for the last time at the end of January. The previous report was for Cannabis for adults in May. The November document explained that the lack of data was due to the Metrc transition. Here is the updated data as of the end of February.

The state’s adult cannabis sales fell 5.1% sequentially to $110.7 million in January and then fell 5.4% sequentially in February. Annual growth was -21.0% in January and 19.8% in February, a slight improvement from the last level. Here’s a chart of adult sales over time:

After growing 106% in 2021, 13% in 2022 and 5% in 2023, annual sales for adults are set to grow 5.4% to $1.72 billion in 2024. In 2025, they decreased by 12.5% ​​and amounted to 1.51 billion dollars, which was lower than the total figure of 2022. Two months into 2026, sales for adults are down 20.4%.

There hasn’t been an update from the state on medical cannabis in a while. The state exempts the sale separately from its medical plan, and April issue showed that sales fell 1.6% sequentially to $19.7 million, down 13.2% year over year.

Alan Brochstein, CFA

Based in Houston, Alan leverages his experience as an online community founder 420 Investorthe first and still the largest due diligence platform focused on publicly traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. time New Cannabis Ventureshe is responsible for content development and strategic alliances. Before turning his attention to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst with more than two decades of research and portfolio management experience. A prolific writer, with over 650 articles published since 2007 Looking for Alphawhere he has 70,000 followers, Alan is a frequent speaker at industry conferences and frequent source Media including the NY Times, Wall Street Journal, Fox Business and Bloomberg TV. Contact Alan. Twitter: |: Facebook |: LinkedIn: |: El

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Michigan Cannabis Sales Bounced Mildly – New Cannabis Ventures

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Michigan Cannabis Sales Bounced Mildly – New Cannabis Ventures

Michigan hemp sales for february decreased compared to a year ago, as they increased sequentially by 3.4%. Sales of $234.6 million decreased by 3.0% compared to last year.

The Michigan Cannabis Regulatory Agency breaks down sales by medical and adult use, with medical sales down 38.6% year over year to $0.4 million, down 3.8% sequentially, and adult use sales down 3.0% year over year to $234.2 million, down 3.4% sequentially.

The state breaks down sales by category and provides pricing details by category for both medical and adult;

For Adults - Use
For Adults – Use

Medical
Medical

As supply continues to expand, prices for adult flowers have plummeted. The average price of $945 a pound in January was up 1.3 percent sequentially from a record low in December and down 8.2 percent from a year ago.

Michigan hemp sales are expected to grow 82.1% to $1.79 billion in 2021, 27.9% to $2.29 billion in 2022, and 33.3% to $3.06 billion in 2023. billion In 2026, Michigan cannabis sales decreased by 5.7%.

Alan Brochstein, CFA

Based in Houston, Alan leverages his experience as an online community founder 420 Investorthe first and still the largest due diligence platform focused on publicly traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. time New Cannabis Ventureshe is responsible for content development and strategic alliances. Before turning his attention to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst with more than two decades of research and portfolio management experience. A prolific writer, with over 650 articles published since 2007 Looking for Alphawhere he has 70,000 followers, Alan is a frequent speaker at industry conferences and frequent source Media including the NY Times, Wall Street Journal, Fox Business and Bloomberg TV. Contact Alan. Twitter: |: Facebook |: LinkedIn: |: El

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