Becky Olson

Chart of the Week: Cannabis Retailers Excel in Key Revenue Metric

By Eli McVey Dispensaries and recreational marijuana shops fare well against other retailers in a key financial metric: revenue per square foot. Cannabis storefronts average $974 in revenue annually per square foot of space – slightly higher than a Whole Foods and much more than the typical pharmacy, according to the Marijuana Business Factbook.

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Chart of the Week: Snapshot of Increased Investment Activity in the Marijuana Industry

By Marijuana Business Daily staff The cannabis industry is becoming increasingly attractive to investors, who are pumping more money than ever into marijuana companies. One indication of the increased activity: In 2015, cannabis companies secured more than $215 million in venture capital, according to data from the investment research firm CB Insights. 

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Chart of the Week: 21,000-33,000 Businesses in U.S. Tied to Marijuana Industry

By Marijuana Business Daily staff Tens of thousands of businesses in the United States are tied to the cannabis sector in some fashion, underscoring the marijuana industry’s reach and scope. An estimated 21,000-33,000 companies derive some or all of their revenue from the cannabis industry, according to the 2016 Marijuana Business Factbook.

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Chart of the Week: Profitability in the Cannabis Industry

By Marijuana Business Daily staff Despite all the challenges, regulations and roadblocks the cannabis industry faces, the vast majority of marijuana companies are actually doing well financially. Nearly 90% of operating dispensaries and recreational marijuana stores, infused products companies and wholesale cultivators – the three pillars of the MJ trade – report that they are […]

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Chart of the Week: Optimism running high in all marijuana sectors

By Marijuana Business Daily staff Cannabis professionals are bullish on the future these days. About 40% of marijuana entrepreneurs, founders and executives from across the industry predict that their businesses will boom this year, with those in testing, wholesale cultivation and retail among the most optimistic.

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Chart of the Week: Profit Margins for Infused Products Can Be Sky High

By Marijuana Business Daily staff Making marijuana-infused chocolate bars, sodas, oils and patches can be a highly profitable endeavor. Profit margins for infused products and concentrates companies in the cannabis sector typically hover around 32%, according to data in the 2016 Marijuana Business Factbook.

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