The variety of energetic US hashish enterprise licenses – together with these in regulated medical and leisure markets – continued to say no by the third quarter of 2024 as reductions in established markets outpaced progress in rising ones.

The pattern might proceed into 2025 because the variety of permitted/pending licenses – an indicator of future progress – additionally slipped nearly 4% through the quarter.

Lively hashish enterprise licenses in U.S. marijuana markets peaked at 44,300 in late 2022 and have been declining since.

There have been roughly 38,600 energetic hashish enterprise licenses within the third quarter of 2024, a 1% slide from the earlier quarter, based on CRB Monitor’s newest licensing exercise report.

This merchandise initially appeared on MJBizDaily. The remainder of the story is on the market right here.