MJBizMag May-June 2022 - 52

2022 | 10TH EDITION
Order your copy today:
E
CA
$6.4B
E
CA
$6.4B
California continues
to dominate domestic
markets with sales for
2022 projected to be
double that of the
nearest competitor,
Illinois.
Factbook
T
California continues
to dominate domestic
markets with sales for
2022 projected to be
double that of the
nearest competitor,
Illinois.
insights.mjbizdaily.com/
factbook-2022/
he cannabis sector is unique among U.S. industries in that each state
creates its own rules and regulations, contributing to fragmentation
in the marijuana space. Annual sales also vary widely, depending on
population, access to retail outlets and overall competitive pressures.
The new wave of adult-use marijuana markets poised to launch in
Northeastern states in the next few years highlights how those factors
contribute to annual sales trends.
New York, with its massive population, likely will achieve first-year adultuse
sales that exceed current annual sales for Nevada, which is in its fifth year
of recreational sales.
Connecticut, on the other hand, has a dense population, but its overall sales
potential is limited by its small geographic size.
The charts on this page represent the diversity of individual state markets.
- Jenel Stelton-Holtmeier
h G e
NY
$2.9B
$2.7B
N
N
IL
IL
CO
$2.3B
$2.7B
CO
$2.0B
$2.3B
$2.0B
$1.5B
$1.3B
$1.0B
$0.7B
$0.4B
$1.5B
$1.3B
$1.0B
$0.7B
$0.4B
$0.1B
$0.1B
MA
MI AZ
PA
FL
WA
OR
FL
OR
NV
NJ OK
MD
OH
MO MT
MD
NV
NJ OK
NY
Adult use and medical
Medical only
hh
NY
OH
AR NM AK
MO MT
ME CT
AR NM AK
© 2022 MJBiz, a division of Emerald X, LLC.
Used with permission. This image may not be copied or duplicated by others without express written permission.
© 2022 MJBiz, a division of Emerald X, LLC.
Used with permission. This image may not be copied or duplicated by others without express written permission.
52 May-June 2022 | MJBizMagazine
Expect New York to move
up the chart quickly once
recreational sales begin.
Expect New York to move
up the chart quickly once
recreational sales begin.
Note: Projections
are high end of
scale.
UT LA RI MN HI DE NH DC VA GA ND VT IA WV SD
ME CT
Note: Projections
are high end of
scale.
UT LA RI MN HI DE NH DC VA GA ND VT IA WV SD
Adult use and medical
Medical only
WA
PA
MA
Illinois has already
overtaken mature
markets such as
Colorado and
Washington state,
despite opening
up recreational
sales in 2019.
MI AZ
Illinois has already
overtaken mature
markets such as
Colorado and
Washington state,
despite opening
up recreational
sales in 2019.
$1.9B
$1.2B
$800M
$250M
1st year 5th year
1st year 5th year
2022 2026
$625M
$3M $120M
2022 2026
Several markets have opened or will launch soon in the Northeastern United States.
Sales in this densely populated part of the country will soon catch up to the West.
CT
NJ
t
VT
http://insights.mjbizdaily.com/ https://insights.mjbizdaily.com/factbook-2022/

MJBizMag May-June 2022

Table of Contents for the Digital Edition of MJBizMag May-June 2022

MJBizMag May-June 2022 - 1
MJBizMag May-June 2022 - 2
MJBizMag May-June 2022 - 3
MJBizMag May-June 2022 - 4
MJBizMag May-June 2022 - 5
MJBizMag May-June 2022 - 6
MJBizMag May-June 2022 - 7
MJBizMag May-June 2022 - 8
MJBizMag May-June 2022 - 9
MJBizMag May-June 2022 - 10
MJBizMag May-June 2022 - 11
MJBizMag May-June 2022 - 12
MJBizMag May-June 2022 - 13
MJBizMag May-June 2022 - 14
MJBizMag May-June 2022 - 15
MJBizMag May-June 2022 - 16
MJBizMag May-June 2022 - 17
MJBizMag May-June 2022 - 18
MJBizMag May-June 2022 - 19
MJBizMag May-June 2022 - 20
MJBizMag May-June 2022 - 21
MJBizMag May-June 2022 - 22
MJBizMag May-June 2022 - 23
MJBizMag May-June 2022 - 24
MJBizMag May-June 2022 - 25
MJBizMag May-June 2022 - 26
MJBizMag May-June 2022 - 27
MJBizMag May-June 2022 - 28
MJBizMag May-June 2022 - 29
MJBizMag May-June 2022 - 30
MJBizMag May-June 2022 - 31
MJBizMag May-June 2022 - 32
MJBizMag May-June 2022 - 33
MJBizMag May-June 2022 - 34
MJBizMag May-June 2022 - 35
MJBizMag May-June 2022 - 36
MJBizMag May-June 2022 - 37
MJBizMag May-June 2022 - 38
MJBizMag May-June 2022 - 39
MJBizMag May-June 2022 - 40
MJBizMag May-June 2022 - 41
MJBizMag May-June 2022 - 42
MJBizMag May-June 2022 - 43
MJBizMag May-June 2022 - 44
MJBizMag May-June 2022 - 45
MJBizMag May-June 2022 - 46
MJBizMag May-June 2022 - 47
MJBizMag May-June 2022 - 48
MJBizMag May-June 2022 - 49
MJBizMag May-June 2022 - 50
MJBizMag May-June 2022 - 51
MJBizMag May-June 2022 - 52
MJBizMag May-June 2022 - 53
MJBizMag May-June 2022 - 54
MJBizMag May-June 2022 - 55
MJBizMag May-June 2022 - 56
MJBizMag May-June 2022 - 57
MJBizMag May-June 2022 - 58
MJBizMag May-June 2022 - 59
MJBizMag May-June 2022 - 60
MJBizMag May-June 2022 - 61
MJBizMag May-June 2022 - 62
MJBizMag May-June 2022 - 63
MJBizMag May-June 2022 - 64
MJBizMag May-June 2022 - 65
MJBizMag May-June 2022 - 66
MJBizMag May-June 2022 - 67
MJBizMag May-June 2022 - 68
MJBizMag May-June 2022 - 69
MJBizMag May-June 2022 - 70
MJBizMag May-June 2022 - 71
MJBizMag May-June 2022 - 72
MJBizMag May-June 2022 - 73
MJBizMag May-June 2022 - 74
MJBizMag May-June 2022 - 75
MJBizMag May-June 2022 - 76
MJBizMag May-June 2022 - 77
MJBizMag May-June 2022 - 78
MJBizMag May-June 2022 - 79
MJBizMag May-June 2022 - 80
MJBizMag May-June 2022 - 81
MJBizMag May-June 2022 - 82
MJBizMag May-June 2022 - 83
MJBizMag May-June 2022 - 84
MJBizMag May-June 2022 - 85
MJBizMag May-June 2022 - 86
MJBizMag May-June 2022 - 87
MJBizMag May-June 2022 - 88
MJBizMag May-June 2022 - 89
MJBizMag May-June 2022 - 90
MJBizMag May-June 2022 - 91
MJBizMag May-June 2022 - 92
MJBizMag May-June 2022 - 93
MJBizMag May-June 2022 - 94
MJBizMag May-June 2022 - 95
MJBizMag May-June 2022 - 96
MJBizMag May-June 2022 - 97
MJBizMag May-June 2022 - 98
MJBizMag May-June 2022 - 99
MJBizMag May-June 2022 - 100
MJBizMag May-June 2022 - 101
MJBizMag May-June 2022 - 102
MJBizMag May-June 2022 - 103
MJBizMag May-June 2022 - 104
MJBizMag May-June 2022 - 105
MJBizMag May-June 2022 - 106
MJBizMag May-June 2022 - 107
MJBizMag May-June 2022 - 108
MJBizMag May-June 2022 - 109
MJBizMag May-June 2022 - 110
MJBizMag May-June 2022 - 111
MJBizMag May-June 2022 - 112
MJBizMag May-June 2022 - 113
MJBizMag May-June 2022 - 114
MJBizMag May-June 2022 - 115
MJBizMag May-June 2022 - 116
MJBizMag May-June 2022 - 117
MJBizMag May-June 2022 - 118
MJBizMag May-June 2022 - 119
MJBizMag May-June 2022 - 120
MJBizMag May-June 2022 - 121
MJBizMag May-June 2022 - 122
MJBizMag May-June 2022 - 123
MJBizMag May-June 2022 - 124
MJBizMag May-June 2022 - 125
MJBizMag May-June 2022 - 126
MJBizMag May-June 2022 - 127
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-november-december-2022
https://www.nxtbook.com/emerald/MJBizMag/202210
https://www.nxtbook.com/emerald/MJBizMag/mjbiz-buyers-guide-sustainability
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-march-2022
https://www.nxtbook.com/emerald/MJBizMag/mjbiz-buyers-guide-cannabis-retail
https://www.nxtbook.com/emerald/MJBizMag/202204
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-february-2022
https://www.nxtbook.com/emerald/MJBizMag/mjbiz-buyers-guide-cannabis-security
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag
https://www.nxtbook.com/emerald/MJBizMag/202208
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-july-2022
https://www.nxtbook.com/emerald/MJBizMag/2022-buyers-guide-indoor-grow
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-may-june-2022
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-packaging-automation-buyers-guide-january-2022
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-november-december-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-october-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmagazine-september-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmagazine-september-2021-lighting-buyers-guide
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-august-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-july-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-may-june-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-april-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-march-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-february-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-january-2022
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-january-2021
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-november-december-2020
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-october-2020
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-september-2020
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-august-2020
https://www.nxtbook.com/emerald/MJBizMag/mjbizmag-july-2020
https://www.nxtbookmedia.com