Marijuana industry layoffs and cost-cutting likely to continue in 2023
2022 saw a wave of layoffs in the cannabis industry. Its pressures are uniquely challenging and there’s no end in sight in 2023.
Washington State MMJ News
2022 saw a wave of layoffs in the cannabis industry. Its pressures are uniquely challenging and there’s no end in sight in 2023.
Rick Garza, director of the Washington state Liquor and Cannabis Board, is retiring from the post, effective July 1.
In the spirit of “a picture is worth 1,000 words,” here are charts and maps that visualize a few of the cannabis industry trends that MJBizDaily saw in 2022.
Washington state’s cannabis sales slowed this year for the first time since the state began legal adult-use marijuana sales in 2014.
Alaska’s recreational marijuana taxes are the highest in the country, and New Jersey’s are the lowest.
That’s according to Richard Auxier and Nikhita Airi, the authors of the Urban-Brookings Tax Policy Center’s September report, “The Pros and Cons of Cannabis Taxes.”
Looking to the new year, some of Washington state’s cannabis businesses are focused on safety challenges, including ongoing store robberies, and preparing for the potential of interstate marijuana commerce.
Michigan regulators are warning marijuana store owners to be on the lookout for criminals who are potentially targeting their shops.