By Eli McVey Some marijuana businesses are ramping up donations to legalization efforts ahead of what promises to be a historic election for the industry, but many are still weighing whether to contribute and could end up staying on the sidelines financially. With...
By Eli McVey If the presidential election were held today, how would the cannabis industry vote? Hillary Clinton would win in a landslide, with 43% of marijuana executives and professionals saying they would vote for her at this point vs. just 26% who prefer Donald...
By Eli McVey The U.S. marijuana industry has quickly become a major job generator, with cannabis-related companies now employing an estimated 100,000 to 150,000 workers. The estimates - released in the 2016 Marijuana Business Factbook - include employment at...
By Eli McVey Adding chronic or severe pain to the list of qualifying conditions for medical marijuana has a huge impact on the size of a given market, as evidenced by the overwhelming percentage of registered patients using MMJ to treat the condition. A combined 64.2%...
By Eli McVey A surge in the number of concentrates product lines in Washington State’s recreational marijuana market attests to the growth in popularity of alternative consumption methods and highly potent cannabis, a trend seen across the industry at large. According...
By Eli McVey Colorado, Oregon and Washington State are averaging a combined $123.5 million in monthly recreational marijuana sales so far this year, putting the industry on pace to rack up at least $1.5 billion in adult-use cannabis revenue at the retail level in...
Smaller farmers, mom-and-pop businesses and existing medical marijuana companies will have a place in California’s recreational cannabis industry if voters pass a legalization measure this fall.
By Marijuana Business Daily staff Demand for cannabis concentrates and edibles is exploding in Colorado, offering a window into trends that will likely play out in the larger marijuana industry over time. Retail sales of concentrates in the state's medical and...
By Marijuana Business Daily staff After a relatively slow start, the medical marijuana industry in Illinois is finally seeing some sizable growth - both in retail sales and patient counts. Monthly medical cannabis sales via dispensaries have ballooned by 83% since...
The number of banks and credit unions providing services to marijuana businesses has grown dramatically over the past 24 months, providing some much-needed relief to the cannabis industry.
By Marijuana Business Daily staff
Several states stand a good chance of legalizing adult-use marijuana this November if advocates are successful in getting measures on the ballot, according to the latest polling data.
By Marijuana Business Daily staff
If the latest polls are any indication, the cannabis industry will be celebrating the legalization of medical marijuana – and a host of new business opportunities – in Florida and Ohio this November.
