Original reporting

Cannabis Market Insights

Evidence-backed reporting drawn from public regulatory records, market data, and the Cannabis & Capital industry index.

14,997 cannabis license records across 9 tracked states

Cannabis & Capital's current regulator-backed index includes 11,375 records in statuses classified as active or issued. 961 records show an expiration date within the next 60 days.

14,997License records
11,375Active or issued
961Expiring in 60 days
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14,995 cannabis license records across 9 tracked states

Cannabis & Capital's current regulator-backed index includes 11,374 records in statuses classified as active or issued. 960 records show an expiration date within the next 60 days.

14,995License records
11,374Active or issued
960Expiring in 60 days
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7 California cannabis recalls were dated in the last 30 days

Cannabis & Capital's recall monitor found regulator notices dated within the trailing 30-day window. Each notice should be read directly before making product, brand, or operator conclusions.

7Recall notices
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10 California cannabis recalls were dated in the last 30 days

Cannabis & Capital’s recall monitor found 10 Department of Cannabis Control recall notices dated within the trailing 30-day window — read each notice before drawing product, brand, or operator conclusions.

10Recall notices
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8 California cannabis recalls were dated in the last 30 days

Cannabis & Capital’s recall monitor shows eight DCC recall notices dated in the trailing 30-day window — each notice should be read before drawing conclusions about products, brands, or operators.

8Recall notices
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14,972 cannabis license records across 9 tracked states

Cannabis & Capital’s regulator-backed index lists 14,972 license records across nine states; 11,357 are classified as active or issued and 890 show expirations within 60 days (Oregon largest).

14,972License records
11,357Active or issued
890Expiring in 60 days
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14,970 cannabis license records across 9 tracked states

Regulator feeds show 14,970 license records in our index, 11,357 of which are classified as active or issued—and 887 of those listed record expirations within 60 days, creating a near-term operational and diligence inflection point.

14,970License records
11,357Active or issued
887Expiring in 60 days
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NY license records increased by 16

The Cannabis & Capital index moved from 3,569 to 3,585 between the 2026-09-11 and 2026-09-12 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

3,585Current
3,569Previous
+16Net change
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6 California cannabis recalls were dated in the last 30 days

California's Department of Cannabis Control posted six recall notices dated within the trailing 30-day window; each notice should be read directly before making product, brand, or operator conclusions.

6Recall notices
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14,947 cannabis license records across 9 tracked states

Regulators’ public files list 14,947 license records; 11,353 are classified active/issued and 943 expire within 60 days — but status labels vary across states.

14,947License records
11,353Active or issued
943Expiring in 60 days
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14,941 cannabis license records across 9 tracked states

Regulators list nearly 15,000 license records, but a smaller subset is classified active/issued and almost 1,000 face expiration in the next 60 days—forcing near-term decisions about continuity and capital allocation.

14,941License records
11,360Active or issued
944Expiring in 60 days
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NY active or issued license records decreased by 14

Cannabis & Capital index fell from 2,505 to 2,491 between the 2026-09-07 and 2026-09-08 snapshots; editorial review should confirm whether this reflects regulator activity, a source correction, or importer coverage.

2,491Current
2,505Previous
-14Net change
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NY active or issued license records increased by 17

The Cannabis & Capital index moved from 2,492 to 2,509 between the 2026-09-05 and 2026-09-06 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

2,509Current
2,492Previous
+17Net change
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NY active or issued license records increased by 28

The Cannabis & Capital index moved from 2,464 to 2,492 between the 2026-09-04 and 2026-09-05 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

2,492Current
2,464Previous
+28Net change
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NY license records increased by 29

The Cannabis & Capital index moved from 3,515 to 3,544 between the 2026-09-04 and 2026-09-05 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

3,544Current
3,515Previous
+29Net change
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NY license records increased by 33

The Cannabis & Capital index moved from 3,482 to 3,515 between the 2026-09-03 and 2026-09-04 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

3,515Current
3,482Previous
+33Net change
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14,859 cannabis license records across 9 tracked states

Cannabis & Capital's current regulator-backed index includes 11,342 records in statuses classified as active or issued. 930 records show an expiration date within the next 60 days.

14,859License records
11,342Active or issued
930Expiring in 60 days
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MN active or issued license records increased by 19

The Cannabis & Capital index moved from 357 to 376 between the 2026-08-31 and 2026-09-01 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

376Current
357Previous
+19Net change
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MN license records increased by 19

The Cannabis & Capital index moved from 357 to 376 between the 2026-08-31 and 2026-09-01 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

376Current
357Previous
+19Net change
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14,826 cannabis license records across 9 tracked states

Cannabis & Capital's current regulator-backed index includes 11,314 records in statuses classified as active or issued. 920 records show an expiration date within the next 60 days.

14,826License records
11,314Active or issued
920Expiring in 60 days
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14,824 cannabis license records across 9 tracked states

Cannabis & Capital's current regulator-backed index includes 11,314 records in statuses classified as active or issued. 900 records show an expiration date within the next 60 days.

14,824License records
11,314Active or issued
900Expiring in 60 days
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California reported cannabis sales rose 0.7% year over year in Q2 2026

Retailers reported $1.0B in cannabis sales and $261.7M in total cannabis tax revenue. Sales changed +5.1% from the previous quarter. CDTFA notes that reported amounts are subject to revision.

$1.0BReported cannabis sales
+0.7%Year-over-year
$261.7MTotal cannabis tax
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MA active or issued license records increased by 99

The Cannabis & Capital index moved from 1,715 to 1,814 between the 2026-08-26 and 2026-08-27 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

1,814Current
1,715Previous
+99Net change
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MA license records increased by 99

A one-day jump in the Cannabis & Capital index forces a verification decision: regulator action or data artifact?

1,814Current
1,715Previous
+99Net change
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MN license records increased by 14

A one-day 14-point jump in Cannabis & Capital’s MN index raises a simple editorial decision: regulator action or a data-source correction/coverage change?

357Current
343Previous
+14Net change
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Minnesota license tally jumps by 14 in one-day snapshot — verify regulator action vs. data correction

The Cannabis & Capital index moved from 343 to 357 between the 2026-08-24 and 2026-08-25 snapshots; editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

357Current
343Previous
+14Net change
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14,663 cannabis license records across 9 tracked states

Cannabis & Capital's regulator-backed index lists 14,663 license records; 11,212 are classified active or issued and 957 show expirations within 60 days — a near‑term operational and capital-timing decision point, with cross‑state comparability limited.

14,663License records
11,212Active or issued
957Expiring in 60 days
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14,663 cannabis license records across 9 tracked states

Regulator data in Cannabis & Capital’s index shows 11,213 records classed as active or issued and 966 licenses expiring within 60 days — but differing state status labels limit direct comparisons of operating capacity.

14,663License records
11,213Active or issued
966Expiring in 60 days
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NY license records increased by 16

A one‑day jump in Cannabis & Capital’s NY license index—+16 between 2026‑08‑21 and 2026‑08‑22—raises a choice point: regulator activity, a source correction, or expanded importer coverage.

3,436Current
3,420Previous
+16Net change
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4 California cannabis recalls were dated in the last 30 days

Four DCC recall notices were dated within the trailing 30-day window; read each notice directly before drawing product, brand, or operator conclusions.

4Recall notices
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MN license records increased by 24

The Cannabis & Capital index rose from 319 to 343 between the 2026-08-18 and 2026-08-19 snapshots; editorial review should confirm whether this is regulator activity or a data correction.

343Current
319Previous
+24Net change
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MN active or issued license records increased by 24

The Cannabis & Capital index rose from 319 to 343 between the 2026-08-18 and 2026-08-19 snapshots; editorial review should confirm whether this is regulator activity, a source correction, or importer coverage change.

343Current
319Previous
+24Net change
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NY active or issued license records decreased by 15

The Cannabis & Capital index moved from 2,495 to 2,480 between the 2026-08-17 and 2026-08-18 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

2,480Current
2,495Previous
-15Net change
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14,582 cannabis license records across 9 tracked states

Regulator-imported index contains 14,582 license records across nine states; 11,193 are recorded as active or issued and 891 show an expiration date within 60 days (CA holds the largest share of those expirations).

14,582License records
11,193Active or issued
891Expiring in 60 days
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14,578 cannabis license records across 9 tracked states

Regulator data show 14,578 license records in our nine-state index, 11,194 of which are recorded as active or issued, and 856 with an expiration date in the next 60 days.

14,578License records
11,194Active or issued
856Expiring in 60 days
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NY license records increased by 14

The Cannabis & Capital index moved from 3,367 to 3,381 between the 2026-08-14 and 2026-08-15 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

3,381Current
3,367Previous
+14Net change
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14,544 cannabis license records across 9 tracked states

Cannabis & Capital’s regulator-backed index lists 14,544 license records across nine states; 11,182 are in statuses classified as active or issued, and 847 show expirations within 60 days (Oregon largest).

14,544License records
11,182Active or issued
847Expiring in 60 days
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14,533 cannabis license records across 9 tracked states

Regulator-backed index lists 14,533 records; 11,179 are classed as active/issued and 854 show expirations in the next 60 days — but state status labels are not uniform.

14,533License records
11,179Active or issued
854Expiring in 60 days
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NY license records increased by 16

The Cannabis & Capital index moved from 3,336 to 3,352 between the 2026-08-11 and 2026-08-12 snapshots; editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

3,352Current
3,336Previous
+16Net change
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NY active or issued license records increased by 16

Index moved from 2,452 to 2,468 between 2026-08-07 and 2026-08-08. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

2,468Current
2,452Previous
+16Net change
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NY active or issued license records increased by 17

The Cannabis & Capital index ticked up 17 records between the 2026-08-08 and 2026-08-09 snapshots; editorial verification is required to determine whether this is regulator activity or a data correction.

2,485Current
2,468Previous
+17Net change
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NY license records increased by 18

An overnight bump in the Cannabis & Capital index prompts a binary editorial question: regulator action or data correction?

3,328Current
3,310Previous
+18Net change
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NY license records rose by 25 in one day — regulator action or data correction?

The Cannabis & Capital index moved from 3,285 to 3,310 between the 2026-08-07 and 2026-08-08 snapshots. Editorial review should confirm whether the gain reflects regulator activity, a source correction, or importer coverage.

3,310Current
3,285Previous
+25Net change
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Minnesota license records up 14 in one-day snapshot — reporting lead, not confirmation

Cannabis & Capital index moved from 305 to 319 between 2026-08-05 and 2026-08-06; editorial review should confirm the source of the change.

319Current
305Previous
+14Net change
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NY license records tick up by 15—real growth or data housekeeping?

A one-day rise in the Cannabis & Capital index could reflect new regulator activity, a source correction, or expanded importer coverage; editorial review is needed before treating it as evidence of market change.

3,285Current
3,270Previous
+15Net change
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MN active or issued license records increased by 14

A one-day jump in Cannabis & Capital’s Minnesota count raises a choice: regulator action, a source correction, or a change in importer coverage.

319Current
305Previous
+14Net change
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NY license records increased by 14

A one-day change in our index—up 14 licenses—poses a simple editorial decision: does this reflect regulator approvals, a source correction, or a change in importer coverage?

3,262Current
3,248Previous
+14Net change
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14,396 cannabis license records across 9 tracked states

Cannabis & Capital's current regulator-backed index includes 11,118 records in statuses classified as active or issued. 957 records show an expiration date within the next 60 days.

14,396License records
11,118Active or issued
957Expiring in 60 days
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14,391 cannabis license records across 9 tracked states

Regulator data across nine states show 14,391 license records in the index; 11,115 are in statuses classified as active or issued and 958 have expiration dates within 60 days — but state status language is not uniform, so the numbers describe index records, not directly comparable operating capacity.

14,391License records
11,115Active or issued
958Expiring in 60 days
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NY license records increased by 19

A one‑day rise in the Cannabis & Capital index—from 3,219 to 3,238—poses a simple editorial question: regulator action, source correction, or importer coverage change?

3,238Current
3,219Previous
+19Net change
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NY license records increased by 15

The Cannabis & Capital index rose from 3,196 to 3,211 between the 2026-07-30 and 2026-07-31 snapshots; editorial review should confirm whether this is regulator action, a source correction, or an importer-coverage change.

3,211Current
3,196Previous
+15Net change
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257 CA jurisdictions allow at least one cannabis business activity

Local control is the gatekeeper: 257 of 540 tracked California jurisdictions permit at least one commercial cannabis activity while 283 prohibit all.

257Allow some activity
283Prohibit all activity
540Jurisdictions tracked
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NY license records increased by 21

A one-day, +21 move in the Cannabis & Capital index forces a simple decision: did the regulator issue licenses, or is this a data correction or importer update that changes the modelers’ baseline?

3,124Current
3,103Previous
+21Net change
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NY license records increased by 23

The Cannabis & Capital index moved from 3,161 to 3,184 between the 2026-07-28 and 2026-07-29 snapshots; editorial review should confirm whether the +23 reflects regulator activity, a source correction, or importer coverage.

3,184Current
3,161Previous
+23Net change
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NY license records increased by 37

The Cannabis & Capital index moved from 3,124 to 3,161 between the 2026-07-27 and 2026-07-28 snapshots. Editorial review should confirm whether the change reflects regulator activity, a source correction, or importer coverage.

3,161Current
3,124Previous
+37Net change
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5 California cannabis recalls were dated in the last 30 days

Five DCC recall notices were dated within the trailing 30-day window — a small count that nonetheless forces operational and reputational choices for market participants.

5Recall notices
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2 California cannabis recalls were dated in the last 30 days

Cannabis & Capital’s recall monitor shows two Department of Cannabis Control notices dated in the trailing 30‑day window. Each notice should be read directly before making product, brand, or operator conclusions.

2Recall notices
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1 California cannabis recalls were dated in the last 30 days

Cannabis & Capital’s recall monitor found one California DCC recall notice dated inside the trailing 30-day window. Each notice should be read directly before making product, brand, or operator conclusions.

1Recall notices
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New York's cannabis license index grew by 106 records in three days

Cannabis & Capital snapshots tracked three consecutive increases in New York's public license dataset, moving from 2,997 records on July 21 to 3,103 on July 24.

3,038Current
2,997Previous
+41Net change
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California cannabis sales opened 2026 below both comparison points

California retailers reported $956.7 million in Q1 cannabis sales, down from both Q1 2025 and Q4 2025. The modest decline matters because it narrows the margin for optimistic growth assumptions.

$956.7MReported cannabis sales
-2.0%Year-over-year
$247.9MTotal cannabis tax
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