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Chart: Most wholesale cultivators competing on marijuana quality

Many wholesale cannabis growers choose to compete on quality, even while market forces favor growers who can reliably supply low-cost cannabis. Nearly half of U.S. cultivators are attempting to make high-quality flower their key differentiator, according to the recently released 2019 Marijuana Business Factbook. But with flower sales on the decline, the market likely will […]

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Week in Review: CannTrust’s cannabis regulatory woes, Florida MMJ caps, push for Congress’ support of STATES Act & more

CannTrust is zapped by Health Canada for unlicensed cannabis cultivation, Florida’s medical marijuana license caps and vertical integration regulations are ruled unconstitutional, marijuana advocates urge a U.S. Congressional panel to support states-rights marijuana legislation – plus more of the week’s top marijuana business headlines. Bad week for Canadian marijuana grower Ontario company CannTrust was hit […]

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Lessons learned by Washington state cannabis firms after 5 years of recreational sales

Washington state rolled out the world’s second adult-use marijuana market on July 8, 2014, following closely behind Colorado, which began recreational sales at the start of that year. Over the past five years, Washington state cannabis business owners have persevered through stiff competition, a shifting regulatory landscape and sliding market prices. A study released by the […]

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Downturn in California lab-tested marijuana batches adds to confusion over state’s supply chain

The number of marijuana product batches undergoing laboratory testing in California has dipped in recent months, sparking worries among some industry officials over the health of the state’s cannabis market and the possibility that product supply is dwindling. But several insiders also were careful to note it’s too early to reach any conclusions based on […]

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Chart: Diversification enhances profitability of marijuana product manufacturers – to an extent

Makers of cannabis products are more likely to turn a profit if they offer merchandise across multiple categories – but that profitability declines if a manufacturer produces too many types of goods. For companies offering products across a single category, 27% described their business as profitable compared with roughly 50% of companies offering products across […]

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Marijuana Business This Week: Ohio eyes medical cannabis additions, Iowa MMJ fight, L.A. deadline & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days: OHIO BOARD DELIBERATES: After tabling discussions last month about adding autism spectrum disorder and anxiety to the list of qualifying conditions for its medical marijuana program, the State Medical Board of Ohio is expected to resume deliberations […]

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