John Schroyer, Author at Green Market Report

John SchroyerSeptember 21, 2023


Medical and recreational marijuana sales in Montana hit a record high in August of $28.6 million, according to state data, up a notch from July when sales were $28.5 million.

Last month, Montana dispensaries sold $4.6 million of medical marijuana and $23.7 million of recreational cannabis, the state Department of Revenue reported.

Though overall sales have continually crept upward since the adult-use market launched in January 2022, medical sales have been steadily declining, from a peak of $10.1 million the same month the new adult-use market launched.

The Montana cannabis market as a whole has sold $516 million since January 2022, and prior to August, the top sales month was March 2023, with $27 million in marijuana goods sold.

Big Sky Country is only the latest state to post record cannabis sales numbers for the end of the summer. Also last month, Connecticut, FloridaMaine and New Mexico all enjoyed ever-heightening marijuana sales, and Colorado sales were also rebounding as of July. Missouri, by contrast, was a bit of an outlier, with a dip in sales for August.

John SchroyerSeptember 21, 2023


The upcoming Minnesota Office of Cannabis Management now has a leader: Erin DuPree, founder of hemp goods store Loonacy Cannabis Co. in Apple Valley that sold low-dose THC products.

DuPree was named to the post by Gov. Tim Walz on Thursday, Minnesota Public Radio reported, chosen from a pool of 150 professionals who threw their hats into the ring for the job following Walz signing legalization into law in May. Recreational cannabis possession and consumption became legal Aug. 1.

In a statement, Walz called DuPree “a proven and effective leader, who will be successful in standing up Minnesota’s new adult-use cannabis market and helping Minnesotans succeed in the industry.”

DuPree was chosen in part for her business experience in hemp, Walz’s office said, and she’s now tasked with writing rules and regulations for the yet-to-launch recreational marijuana industry, which isn’t expected to come fully online until 2025.

That’s despite several Native American tribes already selling adult-use marijuana and a topsy-turvy hemp market that previously allowed intoxicating products to be sold in convenience stores. (DuPree’s store, Loonacy, will be sold so she can focus on the regulatory job full-time and avoid any conflicts of interest.)

DuPree starts Oct. 2, and job number one will be hiring nine employees before ramping up to 150 eventually, MPR reported. Then she’ll have to navigate writing regulations, sorting through business license applications, and create an enforcement system.

“Some of the challenges that other states have had, we’re going to try to avoid,” DuPree told MPR. “Being the 23rd state to legalize, we’re lucky enough to look back on the other 22 states, see what has worked and what hasn’t worked. And we don’t have to reinvent the wheel here.”

Get the latest cannabis news delivered right to your inbox

The Morning Rise

Unpack the industry with the daily cannabis newsletter for business leaders.

 Sign up

About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


Recent Tweets

Get the latest cannabis news delivered right to your inbox

The Morning Rise

Unpack the industry with the daily cannabis newsletter for business leaders.