MJ Biz Report: Sales of CBD-only products declining in recreational marijuana shops

Interesting report from MJ Biz…

Sales of CBD-only products at recreational marijuana retail outlets have been falling since 2018 in four Western states as more of these goods move into mainstream stores and online, according to an analysis of sales data from Seattle-based Headset.

The market share of noninhalable pure CBD products in adult-use stores has declined around 5 percentage points each in California, Colorado and Washington state between 2018 and 2020, with the share of overall sales in Nevada tumbling 23 percentage points.

 

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