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Now that Q1 has wrapped up we want to share our quarterly round-up of which states issued the most dispensary/retailer licenses. We tallied 333 new dispensary/retailer licenses were issued in the quarter and New Jersey and Michigan each accounted for about 20% of the 333. In Q1 2023 there were 699 licenses issued.
April 30, 2024
Periodically, this blog checks in on new license counts throughout the value chain. For this post, we will evaluate what has been happening with dispensaries and retailers. According to the Cannabiz Media License Database, states have added 1,066 licenses in the first five months of 2022. Four states have issued 100 or more licenses with Oklahoma in the lead.
June 30, 2022
Through July 2020 new dispensaries and retailers continue to enter the marketplace. So far this year we have tracked 781. Those licenses represent an 11% increase from the 6,927 at the beginning of the year.
August 25, 2020
We are midway through 2020 and the industry has added 667 licenses this year. Those new licenses represent a 9.6% increase from the 6,927 at the beginning of the year. Twenty-one states have added at least one active license this year.
July 20, 2020
Through May 2020 the industry has added 554 licenses year to date with 88 in April and 77 in May. Those 554 represent an 8% increase from the 6,927 at the beginning of the year.
June 9, 2020
The first quarter of 2020 is over and retail & dispensary licenses have increased 5.5% with 385 new stores nationwide. Cannabiz Media tracked the newly active dispensary/retailer licenses from 18 states.
April 13, 2020
Cannabiz Media has been tracking cannabis licenses since 2015, and periodically, we share insights from tracking 30,000+ licenses. A key metric in any industry revolves around points of distribution – or how many places are available to sell product.
October 9, 2018
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