$PVSP The below Washington State (WA) sales by cat
Post# of 250659
(Total Views: 188)
Posted On: 09/12/2022 9:01:20 AM
$PVSP The below Washington State (WA) sales by category chart provides information on how monthly sales of approximately $100 million in retail sales breaks down by product category. It might also be informative to understand that June ’22 sales over June ’19 sales (pre pandemic) show an almost 17% increase. While WA sales are slightly above other mature cannabis states (NV, CO, OR), similar increases can be seen in those markets. An exuberant pandemic triggered belief in continued rapid growth has led to over development of production infrastructure and resulted in material oversupply of bulk cannabis flower. The market is in the process of correcting and the Company estimates Q3 2023 being the end of the corrective period, resulting in strengthening prices.
https://www.benzinga.com/pressreleases/22/09/...n-in-sales
https://www.benzinga.com/pressreleases/22/09/...n-in-sales
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