420 with CNW — Marijuana Sales Dip Again in Q1 2026 in California
California’s regulated cannabis sector posted another quarterly decline, highlighting the ongoing challenges facing the nation’s largest legal marijuana market. State figures indicate that licensed marijuana stores generated approximately $956.7 million in sales during the first three months of 2026. That total was modestly lower than the $976.5 million recorded during the same period in 2025. It also trailed the $1.07 billion reported in the opening quarter of 2024, continuing a downward trend that has persisted for several years, according to data released by the state’s Tax and Fee Administration Department. In many regions, businesses have managed to move higher volumes of products while earning less money due to sustained…

















