Even during tough economic times, marijuana consumers are turning to higher-priced flower products – a signal that cannabis users are increasingly willing to spend more money on such merchandise.
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Election underscores voter shift in favor of marijuana legalization
An analysis of votes cast for marijuana ballot measures in 2020 shows that while voters remain divided over legalization based on political affiliation and geography, the overall electorate has shifted in favor of accepting both medical and adult-use cannabis.
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Colorado summer cannabis sales thrive despite collapse of state’s tourism industry
Sales of recreational marijuana in Colorado continued to climb during the summer months, even while tourism revenue tumbled more than 50% because of the coronavirus pandemic.
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Getting to know the five new cannabis markets that voters have legalized
The legalization ballot measures that voters approved on Election Day will open new cannabis markets in five U.S. states that have a combined population of about 21.2 million people.
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Marijuana election results 2020
Marijuana legalization is on the ballot in five states this year. Get live updates as the results roll out.
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Polls suggest good chance of success for state cannabis ballot measures
The outlook for marijuana legalization efforts in five states looks positive as voters head to the polls Tuesday, closing out an unusual election season that produced unprecedented early voting and record-setting turnout.
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Marijuana legalization proponents outraising opponents 36-to-1 in 2020
Financial support for marijuana legalization, both medical and recreational, has grown significantly in 2020 compared to 2016. Proponents of state ballot measures have outraised opponents this election season by almost 36-to-1, a massive increase from four years ago when advocates outstripped the opposition by only 4-to-1. Supporters of the legalization measures in Arizona, Mississippi, Montana, […]
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Recreational cannabis brand and product expansion slow in US markets
Marijuana companies are slowing the rollout of new brands and products in what might be the latest sign of market maturity in early states that legalized adult-use sales. This is good news for established cannabis brands as competition for shelf space declines while sales continue to grow. Brand recognition and strong products also will be […]
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Pabst’s entry into cannabis-infused drinks might untap interest in the category
The appearance of Pabst Blue Ribbon’s iconic blue logo on cannabis-infused beverage packaging might be a sign that the beverage category, which often struggles for market share, is poised for speedy growth in North America and perhaps beyond. PBR launched its first infused beverage last week through a licensing deal with Pabst Labs, a new […]
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Even with state’s small population, adult-use marijuana sales could boom in Montana
A recreational cannabis market in Montana could generate sales of more than $200 million in its first year of operation in 2022, according to a new study from the University of Montana’s Bureau of Business and Economic Research. The first barrier, however, is getting Montana voters to approve a ballot initiative on Nov. 3 that […]
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New recreational cannabis markets are seeing quicker starts to sales
As public opinion changes and state regulators learn from those who have gone before them, the time it takes from the approval of medical marijuana by voters or lawmakers to the first recreational sales in a market is getting shorter. That could bode well for new adult-use markets that take root in the months and […]
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Consumers’ cannabis buying patterns change markedly in wake of COVID-19 pandemic
Consumers’ purchasing patterns involving marijuana have changed noticeably over the past several months in response to the coronavirus crisis. Marijuana shoppers are spending more money per visit to recreational retail outlets. But they are shopping less often, perhaps for safety, or scheduling, reasons. Our heat map of weekly adult-use sales changes in four western states […]
Read MoreNovember-December Issue
