Pablo Zuanic, managing partner at Zuanic & Associates, is a featured speaker at Benzinga’s Cannabis Market Spotlight event in New Jersey on June 17, 2024.

Zuanic, known for his detailed analysis of the cannabis and psychedelics markets, brings valuable perspectives on current trends and financial performance. Zuanic’s knowledge will be especially relevant to New Jersey’s growing cannabis market as he noted the challenges and opportunities within the state, particularly the effects of market saturation and pricing pressures.

Broader Market Trends

Zuanic observed the increasing number of retail locations in New Jersey diluted revenues per store, suggesting that the market might be experiencing over-expansion.

In his recent reports, Zuanic detailed the mixed economic conditions across various states in the first quarter of 2024. For instance, while Pennsylvania saw a 3% sales increase, Connecticut experienced a 6% decline. California adjusted to a $5 billion market size despite a 6% year-on-year drop, and …

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