Beau Whitney

Whitney Economics has sharply downgraded its long-term forecast for the U.S. cannabis market, slashing its 2025–2030 retail sales projection by $21.1 billion compared to estimates made just a year ago. The downward revision, revealed this week by the cannabis data and consulting firm, reflects...

A new report released on Tuesday projects that the U.S. cannabis industry will need between $65.6 billion and $130.7 billion in sustainable growth capital to support new cannabis businesses and help refinance existing ones over the next decade. The report from Whitney Economics and backed by CTrust...

The cannabis industry’s financial health and future were at the forefront of conversations during the Benzinga Cannabis Capital Conference. Beau Whitney, founder and chief economist at Whitney Economics, shared his insights on the growing significance of debt financing in the cannabis space...

Beau Whitney, founder and chief economist at Whitney Economics, revealed that total retail sales for the cannabis industry are expected to reach approximately $32 billion in 2024, with the potential to double within the next few years. At the recent Benzinga Cannabis Capital Conference in Chicago...

In the face of conflicting state policies and an impending update to the U.S. Farm Bill, the Texas hemp industry finds itself at a legal crossroads. A crucial lawsuit from 2021 is now before the state's highest court, challenging Texas’ attempted ban on delta-8 THC, the popular but...

The $79.3 billion illicit market remains a significant competitor to the legal cannabis industry, Beau Whitney, founder and chief economist at Whitney Economics, says. Whitney, scheduled to speak at the upcoming Benzinga Cannabis Capital Conference, recently shared his thoughts on how rescheduling...

As regulatory scrutiny intensifies around Delta-8 THC, industry experts are raising concerns about its impact on both the cannabis and hemp markets. Beau Whitney, founder and chief economist at Whitney Economics, who will speak at the upcoming Benzinga Cannabis Capital Conference in Chicago, sheds...

The ongoing debate surrounding Delta-8 THC regulation in New Jersey has ignited tensions between the alcohol and cannabis industries. With recent legislation allowing liquor stores to sell hemp-derived beverages, questions are emerging about how this will impact both sectors. Delta-8 THC’s...

As the cannabis industry awaits potential federal policy changes, Beau Whitney, founder and chief economist at Whitney Economics, shares his analysis of how these reforms could reshape its financial future. His observations come ahead of the Benzinga Cannabis Capital Conference this October, where...

The National Institute of Standards and Technology (NIST) has introduced a new hemp reference material, RM 8210, priced at $783 for 4.5 grams. This product is designed to enhance the accuracy of THC and CBD measurements in cannabis products, which is crucial for regulatory compliance and consumer...

Cannabis research firm Whitney Economics initiated a nationwide survey to gauge the extent of delinquent payments and their impact on cannabis businesses. What Happened: This initiative comes amid growing concerns that late payments could pose a significant risk to the sector's stability. The...

Oregon's cannabis market is having another oversupply issue, amid all the other challenges that have, still do, plague the state. When it comes to marijuana, in 1973 Oregon decriminalized possession of up to one ounce reducing the penalty to a $100 fine. It was also...

The Senate Banking Committee approved the Secure and Fair Enforcement Regulation (SAFER) Banking Act on Wednesday, marking the first time Senate members have voted in favor of legislation that would allow cannabis businesses access to banks. Wednesday at the ...

Whitney Economics has published the second annual Cannabis Operator Sentiment and Business Conditions survey report. The report is the result of an annual survey of U.S. cannabis business licensees. The report evaluates how cannabis industry operators view their success and what factors limit their...