When April 20 hit this year, cannabis consumers across the nation were ready to celebrate 420—the ultimate weed holiday. However, in many places, dispensaries saw a sharp decline in sales, thanks to an unlikely culprit: Easter Sunday. They fell on the same day this year.April 20, 2023, fell on a Saturday, a prime opportunity for dispensaries to cash in on the high-demand day … [Read more...] about 420 Sales Drop: Easter Holiday Impact on Cannabis Industry
sales drop
Cannabis sales drop in Washington state for 1st time since legalization
WASHINGTON STATE — For the first time since recreational marijuana was legalized in 2012, sales dipped over the entire fiscal year. According to numbers from the Washington State Liquor and Cannabis Board, total cannabis income from the 2022 fiscal year showed an 8% decline over 2021, translating to a drop of $44 million. In total, $515 million came from the sale of cannabis … [Read more...] about Cannabis sales drop in Washington state for 1st time since legalization
