For all the strife that seems to exist between millennials and baby boomers, when it comes to marijuana consumption, the two generations actually have much in common. But key differences also exist, which affects how businesses will need to focus their messaging to reach these customers. Both demographic cohorts identified inhalation as the most preferred […]Read More
The number of people working in the U.S. cannabis industry is expected to jump to 240,000-295,000 by the end of 2020, slightly higher than the number of computer programmers employed in the United States. The anticipated rise in cannabis employment represents a nearly 50% increase over 2019 levels, which was estimated at 165,000-210,000 in the […]Read More
COVID-19 changed the way many businesses operate – and the cannabis industry is no exception, according to data available exclusively in the latest Marijuana Business Factbook. The 2020 edition, available now, takes a deeper look at how the pandemic impacted the industry, including shifts in consumer behavior and preferences. Understanding how and what customers want […]Read More
Wholesale cannabis prices ended 2019 on a strong note across the United States – good news for growers after a brutal 2018 – but the first four months of 2020 have provided far less certainty for cultivators. According to the U.S. Spot Index from Cannabis Benchmarks, prices peaked in mid-February. Since then, the volume-weighted average […]Read More
When it comes to CEO compensation, base salary is often only a fraction of the story – and this is as true in the cannabis sector as it is in other industries. Total compensation packages for cannabis executives often include a variety of other elements, from stock options to car allowances (part of former Canopy […]Read More
While an extreme situation – such as the current COVID-19 pandemic – can uncover weaknesses we weren’t aware of in some companies, it also serves to further highlight problems that existed before.
Ontario, Canada-based cannabis producer Canopy Growth’s announced production cuts could help ease the nation’s oversupply issues as well as offer lessons for other operators on how to compete in a newer market. The company is closing two greenhouses in British Columbia, which will result in 500 job losses. As a result, Canada’s total licensed indoor […]Read More
While California has the potential to be the largest legal cannabis market in the world, the state still lags other recreational markets in per capita sales – due in large part to the continued prominence of the illicit marijuana market and restrictive regulations. California’s per capita cannabis sales by the second year of operations only […]Read More
The cannabis investing landscape has changed significantly in the past 12 months. A year ago, the industry saw a record number of deals of record size; now, capital has become a precious commodity.Read More
This Investor Intelligence exclusive webcast provides analysis of the outlook for cannabis portfolios in the coming months, with special guest Scott Greiper, president of Viridian Capital Partners.
Help Marijuana Business Daily help you by participating in the eighth annual survey of cannabis industry executives and investors. The undertaking that will help Colorado-based MJBizDaily provide key market, financial and operational data for businesses and entrepreneurs. Owners, founders and executives with dispensaries/retail stores, commercial cultivation operations, infused product manufacturers and vertically integrated businesses as well as investors funding […]Read More
A company’s cash-conversion cycle is the amount of time it has merchandise in inventory plus the time it takes customers to pay them minus the time it takes to pay vendors.
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