We will be presenting our LONG thesis on Tilt Holdings today @ 2 PM.
Maine Tracker
Maine had a tremendous month of July. The state's sales increased 46% from June to $9.4 Million. The largest increases came from concentrate and infused product sales. With these strong sales, Maine's 2021 run rate is $59 Million. In addition, the new recreational market continues to show promise.
Maryland Tracker
Medical sales in Maryland have plateaued quite a bit since February. However, July sales were up slightly by 4.37%, sequentially to $47 Million. Maryland has an annual run rate of $555 Million which is substantial for a smaller medical market.
Massachusetts Tracker
Massachusetts had a record July with sales increasing $5 Million from the month prior. In addition, the state had its highest week of cannabis sales ever at $29 Million. MA has an annual run rate of $1.24 Billion which has been increasing as the growth continues. The Cannabis Control Commission will be holding a meeting today to discuss licensing for cannabis companies in the state. Additional information can be found on their website.
