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Market Trends

Maryland Plans Significant Cannabis Tax Increase to Address Budget Shortfall

Maryland’s adult-use cannabis market generated around $72.9 million in state revenue in 2024 through a 9% sales-and-use tax. However, state...

Market Trends

Michigan Recreational Cannabis Prices Drop Nearly 30%

In February 2025, Michigan’s recreational marijuana market experienced a significant price drop, with the average retail cost of an ounce...