Market Estimates

August 8, 2017

Quicky: Average Daily Excise Tax now over $1,000,000

Over the first 7 days of August, the Retail Excise tax on recreational and medical cannabis in Washington State averaged over $1,000,000 per day. That corresponds to average statewide Retail sales just shy of $2,750,000 PER DAY … which represents a 7.1% growth vs the average day seen in July. For those with a longer outlook, August’s average daily retail sales are, thusfar, 26.6% higher than they were last August. Not bad growth for a market 5 weeks into it’s fourth year. Between state Sales and Excise taxes, the thing […]
April 25, 2017

4/20 Washington Retail Sales – Actual Numbers

I’ve seen a number of estimates of what 4/20 would bring in Retail Cannabis sales in Washington recently and was successful in keeping my mouth (and keyboard) shut on the issue this year. After forecasting this and a number of other significant sales milestones over the past two years, I felt it would be good to take a break and see what others that purport to service the industry with data would come up with. Would the void be filled? It was, but I see discrepancies between the actual data […]
July 16, 2016

PSA5 – Know Who Your Dollars Support

Reminder to Patients:  This is a FEE-based marketplace, not a Donation-based one.  Where you spend your dollars is, I’d imagine, a very personal decision.  It is also an important one.  It is one with consequence. As of late this past week (13 days into the unified MoM (Market of the Man), approximately 1,400 Washingtonians had signed up and registered in the Patient Database Registry Self-Incrimination System.  Let’s assume they hit 1,500 sick folk by weeks’ end … that implies that 0.028% of the 5.3 million Washingtonians over the age of 21 are […]
June 22, 2016

PSA Announcement – For the Patients

Just a quick announcement that on Saturday, I’ll begin publishing a series of Patient Service Announcements (PSAs) here on HI-Blog for those patients being forced to migrate next week to either the regulated retail market or to the soon-to-be-thriving criminal one here in Washington State. The announcement I put out to many of my contacts this morning went like this: ********************************************************************** For the Patients …. but also for the soul of this industry The WSLCB  just released the June Traceability database update, containing lots of data through April of this year.  My thanks to the […]