The MJBizDaily editorial staff has posted many stories this year exploring issues impacting the cannabis industry.
In the spirit of “a picture is worth 1,000 words,” here are charts and maps that visualize a few of the trends we saw in 2022:
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The contraction of mature adult-use markets
The most significant trend in cannabis in 2022 was declining sales in the mature recreational markets.
Most experienced double-digit declines versus the same period in 2021.
Although new markets showed healthy growth, it makes one wonder what that would look like in better economic conditions.
Canadian sales growth
While mature markets in the U.S., including Colorado, Oregon and Washington state, experienced year-over-year sales declines this year, Canadian markets either grew or were flat.
Through October, sales in Ontario were up 32% over 2021, with British Columbia and Manitoba growing more than 20% during that time.
MJBizDaily reporter Solomon
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