Maryland's Wholesale Cannabis Market: SunMed Leads The Pack With 21.2%, Z&A Reports
Portfolio Pulse from Nicolás Jose Rodriguez
Maryland's cannabis market has seen a significant increase in sales since transitioning from medical to recreational use, with August sales reaching $91.7 million, up from $42.7 million in June. The top cannabis stores in the state are reportedly making $25-30 million each in sales. Maryland's regulator has issued 101 dispensary licenses and plans to release an additional 75. Publicly traded multi-state operators in the market include Ascend (OTC:AAWH), Curaleaf (OTC:CURLF), Green Thumb (OTC:GTBIF), TerrAscend (OTC:TSNDF), and Verano (OTC:VRNOF).
September 13, 2023 | 9:52 pm
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Ascending
POSITIVE IMPACT
Ascend operates in Maryland's growing cannabis market, which has seen a significant increase in sales.
The growth of the cannabis market in Maryland is likely to benefit Ascend, which operates in the state.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Curaleaf operates in Maryland's growing cannabis market, which has seen a significant increase in sales.
The growth of the cannabis market in Maryland is likely to benefit Curaleaf, which operates in the state.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Green Thumb operates in Maryland's growing cannabis market, which has seen a significant increase in sales.
The growth of the cannabis market in Maryland is likely to benefit Green Thumb, which operates in the state.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
TerrAscend operates in Maryland's growing cannabis market, which has seen a significant increase in sales.
The growth of the cannabis market in Maryland is likely to benefit TerrAscend, which operates in the state.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Verano operates in Maryland's growing cannabis market, which has seen a significant increase in sales.
The growth of the cannabis market in Maryland is likely to benefit Verano, which operates in the state.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70