New Mexico Cannabis OCT '24 Sales Highlights: 1️⃣ REC: - Sales up 3.9% to $37.11mm. - Transactions up 3.3% to 973k - AOV up $.25 to $38.15 2️⃣ MMJ: - Sales up 2.9% to $11.44mm. - Transactions up 2.6% to 244k - AOV up $.16 to $46.81 - MMJ as a % of TOTAL Sales down .8% M/M to 23.6% 3️⃣ TOTAL Sales up 3.7% to $48.55mm 4️⃣ # of issued retail licenses unchanged at 1,006 #newmexicocannabis #cannabisdata The Data Heard
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New Mexico Cannabis - February Sales ☛ REC$ Sales and REC AOV: Slightly higher than where we predicted. Nice bounce off of the January pullback Total Retail Licenses --> Unchanged Total Sales --> UP 3.6% REC$ Sales --> UP 3.5% (forecast: UP 2.5%) REC Transactions --> UP.9% REC AOV --> UP 2.6% (forecast: UP 1.5%) MMJ$ Sales --> UP 3.8% MMJ Transactions --> DOWN 1.1% MMJ AOV --> UP 4.9% MMJ/Total Cannabis Sales % --> UP .2% #newmexicocannabis #cannabisdata The Data Heard
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JUST IN! New Mexico Cannabis April Sales REC Sales down 3.1% to $38.25mm (TDH predicted $38.48mm) REC Trans down 1.5% REC AOV down 1.6% to $41.82 (TDH predicted $42.08) MMJ Sales down 1.5% MMJ Trans down 1.6% MMJ AOV up .2% to $51.90 Total Licensed Retail Storefronts down 24 licensed units, or 2.3%, to 1,003. This is the lowest figure since last June. #newmexicocannabis #cannabisdata The Data Heard
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Here’s the most recent cannabis sales data from Illinois. From 1/1/2020 to 4/30/2024 the Illinois cannabis sales total is $7.2 billion.
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The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for September 2024. For the time in seven months, monthly totals dipped below 140 million, hitting the third-lowest total in 2024 at $136,508,866.78. Since 2020, August and September months (and even October) have reached similar monthly totals. The largest decrease in monthly sales totals usually occurs between the months of December to January and January to February. https://lnkd.in/gFYXjMB8
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New Mexico Cannabis still waiting on June sales data... The C.R.O.P. only lists REC sales records for 603 storefronts in June. 71 storefronts that reported REC sales in May have not reported sales for June. Of the 603 that reported REC sales in June, 429 were negative M/M. That's 71% down from May - not a strong June. Compare that with last year, when only 51% were down from May.
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The Illinois Department of Financial and Professional Regulation today announced recreational cannabis sales totals for October 2024. After a dip in sales in September ($136,508,866.78), October sales bounced back closer to the average at $142,251,704.01. Illinois’ yearly sales totals have increased each year since legalization (2020-2023) and are again on track to surpass 2023 totals of $1,634,983,542.79 for a new record high for 2024. https://lnkd.in/gE6--s2H Michael Lasley Illinois Department of Financial and Professional Regulation
Illinois’ October cannabis sales bounce back - Illinois News Joint
https://illinoisnewsjoint.com
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New Mexico Cannabis Monthly Sales Performance - Executive Summary Mark Your Calendars -->Free New Mexico Cannabis - Monthly Sales Performance is this Tuesday from noon-1p MT. Here is the link to join: https://lnkd.in/e68ubDKN #newmexicocannabis #cannabisdata The Data Heard
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Yes, the New Mexico Cannabis market is oversaturated Yes, it poses significant challenges for the average dispensary Yes, it relies heavily on the Texas Shopper for current and continued success Yes, MMJ Sales are sliding fast BUT... It will still deliver nearly $600 million in Total Sales this year, of which $448 million will be REC (14% YoY lift) #newmexicocannabis #cannabisdata The Data Heard
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Retail cannabis sales in the United States hit a record in October Total retail sales for 2024 are expected to come in at ~$32.6 billion, a 10.8% increase over 2023 Projections suggest it could become a $55 billion market by 2030 Meet Quantum 1 Cannabis (QQ: CSE) (QQQFF: OTC) 🔵 2023 Revenue: $7.4M 🟢 3 profitable Cannabis stores in BC 🟡 Triple-digit growth in cannabis retail https://lnkd.in/gyRFNwUD #smallcaps #pennystocks #smallcapstocks #smallcap #cannabis
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I thought this was an interesting chart about state-level cannabis sales implementation in the U.S.:
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