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Eli McVey

Eli has been a data-driven researcher throughout his career. He previously worked as an analyst for Nielsen, where he provided analysis to Nielsen’s retail clients for use in pricing, promotion and assortment decisions. He’s also been a consultant for data companies in the cannabis industry. Eli now employs his analytical expertise for Marijuana Business Daily.

Chart: Sales growth slowing in Colorado’s recreational marijuana market

Recreational marijuana sales in Colorado are continuing to grow, but at a slower pace – another sign that the nation’s oldest adult-use market is reaching maturity. Despite a couple of record-setting months in 2017 – when sales eclipsed $100 million – the sales gains for Colorado’s rec market have been shrinking over the past three […]

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Chart: Marijuana stocks stumble, then rebound after Sessions announcement

Marijuana stock investors are wagering that Jeff Sessions’ bark will be bigger than his bite. U.S. and Canadian cannabis stocks briefly tumbled after the U.S. attorney general’s blockbuster decision last week to rescind Obama-era protections for the legal cannabis industry. But by Friday’s close, the day after Sessions dropped his bombshell, U.S. marijuana stocks had recouped about […]

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Chart: California recreational marijuana sales set to begin in limited number of stores

Recreational cannabis sales officially begin in California today, but fewer than 100 adult-use retail licenses have been issued throughout the state – which may lead to long lines and supply issues for the rec stores able to open their doors on New Year’s Day. California’s Bureau of Cannabis Control – the agency overseeing the licensing process for […]

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Chart: Regulatory framework in place for Michigan medical marijuana businesses

With applications released and emergency regulations in place, prospective entrepreneurs have begun applying for MMJ business licenses in Michigan – the second-largest MMJ market in the nation.

Through a trio of bills passed in 2016, Michigan finally established a regulatory framework to govern its longstanding medical marijuana industry, which has existed under a patchwork of local regulations since a 2013 state Supreme Court ruling deemed dispensaries illegal.

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Marijuana Business Daily’s annual cannabis industry survey extended to Dec. 22

The deadline for executives and major investors in the cannabis industry to participate in Marijuana Business Daily’s annual industry survey has been extended until Friday, Dec. 22. Owners, founders and executives with dispensaries/retail stores, commercial cultivation operations, infused product manufacturers, testing labs and ancillary firms as well as investors that fund cannabis companies are invited to […]

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Chart: Diversity still a hot topic in Maryland’s medical marijuana industry

Over 35% of those with an ownership stake in a Maryland medical marijuana company – and nearly 60% of those employed by MMJ businesses – are racial minorities, according to preliminary data released by the Maryland Medical Cannabis Commission. But some industry watchers believe those numbers don’t tell the whole story and still contend that […]

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Chart: How California’s largest cities are regulating recreational marijuana

California’s recreational marijuana program is set to launch Jan. 1, and lawmakers have laid the regulatory foundation to govern the new industry at the state level. But at the local level – where municipalities can further regulate or even outright ban marijuana businesses – California’s largest cities are in varying stages of the rulemaking process.

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Chart: Value of largest Canadian, US marijuana companies

A limited number of medical marijuana producers in Canada, combined with rising patient counts, growing MMJ sales and impending federal legalization of adult use, have enabled the country’s licensed cannabis companies to grow much larger than their U.S. counterparts.

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