US EditionCalifornia’s Marijuana Sales on Decline as Consumers Buy Less Expensive Products - Cannabis News World
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California’s marijuana sales on decline as consumers buy less expensive products - Cannabis News World
California marijuana consumers aren’t buying less product at state-licensed stores, but they do appear to be buying cheaper ones. California’s marijuana sales on decline as consumers buy less expensive products is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Licensed California Cannabis Sales Down 11% in Q1
Legal cannabis sales in California experienced an 11% sales drop during the first quarter of this year, compared to last year, the largest such decline in the history of legal cannabis sales in the state, SFGate reports. Sales during the first quarter totaled $1.088 billion. Tamma Adamek, a spokesperson for the California Department of Tax and Fee Administration, told SFGate that comparing quarter-by-quarter totals is like comparing "apples to o…
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