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Washington Adult-Use Cannabis Sales Decline for Fifth Straight Year

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Washington Adult-Use Cannabis Sales Decline for Fifth Straight Year

Adult use cannabis sales in the Washington State have fallen for five years, according to the Department of Income Department reported by KHC.

First quarter sales in 2025 amounted to $ 277 million, which is nearly $ 100 million less than the market peak during the pandemia in 2021. Based on current trends, annual cannabis sales this year may be the lowest of the state since 2019 after five years of sales decline in sales decline in falling sales decline Washington.

Regulators attribute to the decline of excessive supply issues, which lower prices and make it more difficult for licensing to return a profit.

Officials with the State Board of Liquor and Cannabis (LCB) recently announced The greater expansion of cannabis distributors from the beginning of the market over a decade ago, offering up to 52 new retail social capital licenses.

Meanwhile, a report by the state legislative auditor found that “businesses in Washington produced two to three times more cannabis than retailers sold in 2023”, and that “inaccurate and incomplete data” had prevented the ability of “data -driven adjustment”.

Audit at LCB to submit a plan to lawmakers by 31 December 2025, containing strategies to improve data accuracy.

Center in Portland, Oregon, Graham is the lead editor of Ganjapreneur. He has written about the legalization landscape since 2012 and has contributed to Ganjapreurur since our official beginning in …

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Marijuana Retail Report

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Marijuana Retail Report



Legislation sets tax rates, license limits and schedule for statewide rollout of sales

After years of being passed by the General Assembly only to be met with a veto, legislation to create a legal adult cannabis market in Virginia passed both chambers on Tuesday – this time the governor is ready to sign it, and retail sales are set to begin as early as November.

The vote marks the clearest signal yet that Virginia is ready to move from legal possession with no legal sales to a fully regulated market — a transition that has eluded the commonwealth since 2021, when lawmakers legalized for the first time simple possession.

The House passed on Tuesday morning Bill 642 Housesponsored by Del. Paul Krizek, D-Fairfax, by a 65-32 vote. Hours later, the Senate approved Senate Bill 542carried by Sen. Lashrekse Aird of Petersburg by a narrow margin of 21-19 after an initial failed vote.

Similar proposals have cleared the General Assembly in recent years — often with bipartisan support — but were repeatedly vetoed former Gov. Glenn Youngkin. This year, the political calculation has shifted. Democratic Gov. Abigail Spanberger swore to sign legislation on the creation of a regulated retail market.

To read the rest of this article on the Prince William Times, Click here

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Florida Officials Miss Counting 54,000+ Signatures For Cannabis Legalization Petition

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Florida Officials Miss Counting 54,000+ Signatures For Cannabis Legalization Petition

This article was last updated on 11 February. This is a developing story.

Florida election officials appear to have come up short on a campaign to legalize cannabis for adults, collecting more than 54,000 valid signatures.

Local election officials in about half of Florida’s 67 counties have confirmed more signatures for the Smart & Safe Florida campaigninitiative petitionthan what government officials gave loans to those counties, according to aCannabis Business Timesanalysis of county supervisors of elections websites.

Discrepancies between states and counties for valid signature counts came after Florida Secretary of State Cord Byrd’s officeannouncedOn Feb. 1, Smart & Safe Florida’s proposed constitutional amendment to allow those 21 and older to have access to cannabis does not meet the signature requirements to be placed on the 2026 general election ballot.

According to the Florida Division of ElectionswebsiteSmart & Safe Florida submitted 783,592 valid signatures by the Feb. 1 deadline, 96,470 signatures short of the 880,062 needed to get on the ballot.

To read the rest of this article on Cannabis Business Times, Click here

Post Florida officials fail to count more than 54,000 signatures on petition to legalize cannabis first appeared on Marijuana Retail Report – News and information for cannabis retailers.

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