Is the cannabis industry losing steam or gaining momentum?
According to a report by analyst Pablo Zuanic at research firm Z&A, a comprehensive analysis of sales trends across 17 states reveals a wide variance in the cannabis industry's performance.
While seven states witnessed a sequential decline in sales, the other ten posted growth in the third quarter of 2023.
Mixed Growth in Various States
Massachusetts and Florida both saw mid-single-digit sequential growth, while Illinois, New Mexico, and Washington reported low single-digit growth according to official state data.
However, sales experienced low single-digit declines in Missouri, Ohio...
Login or create a forever free account to read this news
Sign up/Log in