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The Hidden Cost Of Legal Weed: Why Marijuana Taxes Are Hitting Your Wallet Harder Than You Think
Wednesday, November 27, 2024 - 5:11pm | 709As cannabis sales soar in states with legal markets, excise taxes have emerged as a crucial factor shaping the industry. Unlike tobacco, cannabis remains free from federal excise taxes but faces significant state-level levies. The structure and scope of these taxes vary widely, often influencing...
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Kentucky Awards First Medical Cannabis Dispensary Licenses
Tuesday, November 26, 2024 - 6:28pm | 438Kentucky took a significant step in its medical cannabis program on Monday, awarding the first 36 dispensary licenses through a randomized lottery system. Governor Andy Beshear announced the winners, emphasizing the program's fairness and focus on providing safe and affordable access to medical...
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Canada's Cannabis Market Goes Cold, Pot Prices Hit Bottom: Why Top Producers Are Losing Ground
Tuesday, October 29, 2024 - 9:29am | 738Canada's cannabis market is seeing a chilling stagnation, with 2024 showing nearly zero growth in consumer sales—a stark contrast to the double-digit gains of previous years. Amid this slowdown, certain products capture consumer interest, even as prices stabilize and competition intensifies. In his...
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Cannabis In The Deep South: This Mississippi Company Delivers More Bud For The Buck To Medical Marijuana Patients
Thursday, August 1, 2024 - 8:45am | 1387Mississippi's medical cannabis market is one of the newest in the U.S. presenting unique challenges and opportunities. Alec Pagliaro, chief revenue officer of Southern Crop, provides insight into the dynamics of this emerging market including types of consumers, setting up operations,...
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Ultimate Guide To Winning The Cannabis Lottery: Real Estate Secrets For Finding The Perfect Property
Friday, July 26, 2024 - 4:16pm | 1183Securing prime real estate for cannabis operations is a nuanced endeavor, requiring expertise and a keen understanding of local regulations. Meilad Rafiei, CEO of WeCann, a cannabis entitlements, licensing and property brokerage firm, shares insights into this intricate process. Priorities In...
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Cannabis Concentrates Brands With Strong Growth: Acquisition Targets Amid Industry Consolidation
Saturday, July 13, 2024 - 9:51am | 968Amid industry consolidation, identifying emerging brands in key markets is crucial for acquisitions and collaborations. While wholesale prices have risen, retailer margins have tightened, reducing profitability. Cannabis concentrates offer a way to premiumize offerings and improve margins in this...
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Snoop Dogg To Open Weed Stores In LA, Amsterdam, Named After Iconic 'Smoke Weed Every Day' Motto
Thursday, July 11, 2024 - 1:15pm | 498Snoop Dogg is set to open his first licensed cannabis store, S.W.E.D., near Los Angeles International Airport (LAX). The name S.W.E.D. stands for Snoop’s signature phrase "Smoke Weed Every Day." This new store aims to be a cultural hub in Los Angeles, offering top-shelf premium...
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Who Is Buying Marijuana And Why? Market Data Provides Behavior, Profiles & Insights For Investors
Thursday, May 23, 2024 - 9:47am | 699A recent report by Numerator, a first-party consumer-sourced data company, offers in-depth insights into the behaviors and profiles of contemporary cannabis consumers. The study, which surveyed nearly 6,000 current and past users of THC and CBD highlights significant differences in consumer...
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A $25.5M Opportunity: 23 Marijuana Brands Compete For New Jersey's Budding Pre-Roll Market
Thursday, May 2, 2024 - 9:27am | 458The New Jersey cannabis market, boasting a 23% increase in overall cannabis revenue in the last quarter of 2023, is witnessing substantial growth, particularly in the pre-roll segment. Despite challenges such as limited brand diversity, pre-roll sales specifically rose by 8%, reaching a total...
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Landing In Florida's Cannabis Market: Legal Adult-Use Marijuana Could Yield $874M In 2025
Friday, April 26, 2024 - 5:54pm | 549With the potential legalization of adult-use marijuana under Amendment 3, Florida's cannabis market is set for a significant transformation. Florida's legal cannabis spending is projected to grow at a 12% CAGR from 2023 to 2028, with total sales expected to reach $4.5 billion by 2028,...
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After The 4/20 Smoke Clears: What Do The Billions Spent On Cannabis Say About Sales In Key States?
Tuesday, April 23, 2024 - 5:31pm | 665This year's 4/20 cannabis celebrations demonstrated not only a growth in consumer demand but also the crucial role of technology in understanding this surge. The overall week of 4/20 saw 3x the sales and units sold compared to any typical week. Treez, a point-of-sale provider, reported a...
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Who's Winning In Weed? Analyst Looks At Cannabis Market's Big Players, Where Are The Best Bets?
Tuesday, April 23, 2024 - 2:08pm | 1085In the first quarter of 2024, the cannabis sector faces a mixed economic landscape with a notable sequential decline in sales across several states. Pablo Zuanic, senior analyst of Zuanic & Associates has detailed insights into the sector's performance, particularly focusing on multi-...
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Missouri's $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses
Monday, April 15, 2024 - 8:30pm | 698The Missouri cannabis market set a new monthly sales record in March, reaching nearly $125 million. According to the latest data from the Missouri Department of Health and Senior Services (DHSS), the adult-use cannabis sector contributed $108.7 million in March, with medical cannabis adding...
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HIGH 90'S Revives Nostalgia In Cannabis Market With A Throwback Millennials Are Going To Love
Sunday, April 14, 2024 - 3:00pm | 680In an era where nostalgia is more than just a feeling but a lifestyle, HIGH 90’S emerges from the vibrant streets of California, promising a journey back to the beloved '90s, with a cannabis twist. With millennials now leading the cannabis consumption market, HIGH 90’S taps into...
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Functional Cannabis With Pharma Nanotech? How KanhaFX Boosts Cannabinoid Delivery And Market Share
Friday, April 12, 2024 - 1:41pm | 1139Kanha FX stands out in the cannabis industry, driven by its innovative use of science and technology, particularly through pioneering nanotechnology in its products. This strategic approach, enhancing the bioavailability and reducing the onset time of cannabinoids, has elevated consumer experiences...