Pricing, Revenue & Demand Trends in New Jersey’s Medical Marijuana Market

By Omar Sacirbey

New Jersey’s medical cannabis program has shrugged off its sluggish start and is growing rapidly despite having some of the highest prices in the nation.

But the state isn’t ready to add more business licenses anytime soon, and at least one dispensary said demand isn’t quite yet at the levels it expected.

Medical marijuana sales in New Jersey via dispensaries rose roughly 60% last year to hit an estimated $9.6 million, while the patient count jumped by more than 85%, according to data in an annual report released last week by the state.

An average of

Pricing, Revenue & Demand Trends in New Jersey’s Medical Marijuana Market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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