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New York medical cannabis sales are up but remain slow

by / No Comments / 0 View / October 6, 2017

By Omar Sacirbey

New York’s five medical marijuana businesses generated only $16.6 million in gross sales between April 2016 and August 2017, but sales and patient numbers are improving.

From April 2016 through March 2017, the companies generated sales of $8.4 million – about $700,000 per month – according to analyses by the USA Today Network.

Sales improved dramatically in the next five months – April-August 2017 – hitting $8.2 million in sales, or about $1.64 million per month, according to the report. But that still means each MMJ company brought in only $328,000 per month.

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New York medical cannabis sales are up but remain slow is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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