Although cannabis entrepreneurs should expect to pay a premium for real estate, those premiums amount to far less than they used to, observers said.
Omar Sacirbey
Omar Sacirbey's Latest Posts
Cannabis companies seeking real estate face limited choices and premium prices
Experienced cannabis entrepreneurs know that ancillary companies such as construction and banking providers often charge marijuana businesses more than their non-plant-touching counterparts—the so-called “green tax.”
More marijuana store workers in Illinois join Teamsters
For the second time in two weeks, workers at a Sunnyside marijuana store in Illinois voted to join the Teamsters union.
2023 offers business opportunities in several new state cannabis markets
Opportunities in the U.S. cannabis industry continue to expand, despite some notable setbacks in the November 2022 elections and continuing resistance at the federal level to marijuana reform.
Connecticut marijuana official leaving post days ahead of adult-use launch
Andrea Comer is stepping down as chair of the Social Equity Council for Connecticut’s recreational marijuana industry, less than two weeks before the state’s adult-use market is supposed to launch in January.
Florida to issue more medical marijuana business licenses, will increase fees
Florida regulators announced that 22 new medical marijuana business licenses will be awarded that “could double the size” of the state’s MMJ market.
Variety of sizes, infused joints are driving growth in marijuana pre-roll sector
Pre-rolls were once counted as part of the marijuana flower market.
But over the past few years, they have become viewed as a distinct product category.
Election results mixed for marijuana allies in US House
A look at how marijuana allies in the U.S. House of Representatives fared in their bids to win offices in the 2022 midterm elections.
Beverages struggle to gain footing and market share in marijuana retail
Cannabis-infused beverages receive a lot of hype when they are rolled out, but they seldom turn out to be the hit their financial backers expect.
Gummies dominate cannabis-infused edibles sector, with two major players vying for lead
Sales of marijuana-infused edibles nearly tripled from 2018 to 2022, increasing almost $535 million to more than $1.4 billion, according to Seattle-based analytics company Headset, which tracks regulated cannabis markets.
Consumers embrace concentrates as falling flower prices lead to cheaper extracts
Cannabis industry analysts and retail buyers say concentrates have made significant advances in the past 12 to 18 months—especially in more mature markets and among frequent cannabis consumers.
This goes for both stand-alone concentrates and infused products such as pre-rolls, vape cartridges and edibles.
Vaporizer cartridge sales are up 172% from 2018, with older consumers opting for larger carts filled with live resin
More than three years after illicit vape cartridges caused a health scare that set back the legal vape cartridge industry, regulated sales of cannabis vaping supplies have more than rebounded, according to sales statistics and retail purchasing agents.
