It’s an open secret in the California marijuana industry that since the state launched licensed adult-use sales in 2018, many – if not most – legal operators have done business illegally to some degree.
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Pay to play: Cannabis brands fork over cash for retail shelf space
The increasingly competitive cannabis market is fostering a pay-to-play mentality among both marijuana retailers and the brands they carry. Known as slotting fees, the practice requires brands to pay anywhere from $500 to $15,000 a month for premium space on marijuana retailers’ store shelves. Cannabis industry experts recommend marijuana brands build the fees into their […]
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Marijuana cultivator’s CO2 partnership with craft beer brewer saves money, makes MJ firm more eco-friendly
Two of Colorado’s most high-profile industries – cannabis and beer – recently joined forces under a state-supported pilot project aimed at curbing greenhouse gas emissions. It’s cheaper – about a 10th of the cost – for cannabis businesses to buy carbon dioxide (CO2) from craft beer companies rather than a commercial CO2 distributor that charges […]
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Chart: New York’s medical marijuana program grows, but future business opportunity hinges on adult-use legalization
While New York’s medical cannabis patient registry increased by more than 23,000 in 2019, growth has slowed significantly because of various market factors leading to a low consumer participation rate. Less than 1% of New York residents have signed on as medical marijuana patients, due in part to restrictions on cannabis product forms and limited […]
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Prices for Colorado wholesale cannabis flower firm up in response to fewer growers, healthy demand
Colorado cannabis cultivators report strong prices for wholesale flower reflecting healthy demand and fewer growers after competition forced out weaker operators.
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Volatility in the cannabis sector has opened opportunities for willing investors
New York-based investment firm Navy Capital is bullish on the cannabis industry.
Since 2016, the company has invested about $200 million in roughly 40 different cannabis companies.
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Week in Review: NM nixes adult-use cannabis bill, Aurora posts big loss, Trump seeks money to regulate CBD/hemp & more
A New Mexico Senate panel scraps legislation to legalize recreational marijuana, Aurora Cannabis reports a steep loss for its second quarter, President Trump’s 2021 budget proposal seeks additional money for the federal government to regulate hemp and CBD – and more of the week’s top cannabis business news. New Mexico lawmakers scrap adult-use bill A […]
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Medical cannabis business opportunities could swell in several states this year
Several states could expand their medical cannabis programs this year through new laws or regulatory policies, opening the door to additional business licenses, more sales for existing cannabis operators and fresh business for ancillary companies. The business prospects in the eight states listed below might not be as glitzy as new, hundred-million-dollar-plus cannabis markets. But […]
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Cannabis companies emerge from deadly outbreak with greater focus on technology.