By Eli McVey With 165,000-230,000 full- and part-time workers, the U.S. cannabis industry has quickly become a major job generator. Cannabis-related businesses now employ more people than there are dental hygienists and bakers in the United States and will soon...
By Eli McVey Primed to become one of the nation’s most lucrative medical marijuana markets once it’s up and running, Florida’s program will license just a handful of businesses to produce, process and distribute all MMJ sold in the state. It's a situation that may...
By Eli McVey The U.S. cannabis industry is poised to inject nearly $70 billion on an annual basis into the American economy by 2021, an eye-popping figure that underscores the broader economic impact for towns and municipalities that accept legal marijuana businesses...
As Colorado’s marijuana retail market matures, a growing number of stores are controlled by a handful of retail chain operators.
By Eli McVey With revenue of $4 billion-$4.5 billion, sales of legal recreational and medical marijuana in 2016 topped those of Viagra and Cialis, paid music streaming services, tequila and Girl Scout Cookies. It's a notable milestone for an industry still very much...
By Eli McVey Typical startup costs for wholesale cannabis cultivation businesses launched in the last three years amount to $42 per square foot, according to data in the newly released Marijuana Business Factbook 2017. But actual startup costs...
Washington DC’s medical cannabis market is one of the smallest in the nation, but the program is adding patients at a healthy clip – and new business-friendly regulations as well as increased public outreach could push the numbers much higher.
By Eli McVey The number of medical marijuana dispensaries and registered patients in Oregon is plunging now that the state's recreational cannabis industry is fully operational, casting a cloud of uncertainty over the MMJ program’s future. [include_post...
By Eli McVey Maine’s medical marijuana program is on fire, with the number of MMJ patients surging in the past year. While this can be said for many MMJ programs across the country, such a dramatic increase in a market as mature as Maine’s suggests something more may...
By Eli McVey Colorado’s marijuana industry - one of the most mature in the nation - continues to thrive, posting record-setting sales figures through the first two months of 2017. Combined sales of medical and recreational marijuana in January and February 2017...
By Eli McVey April 20 – the marijuana holiday colloquially referred to as “4/20”– has traditionally marked the largest single day for retail cannabis sales all year, and 2017 looks to be no exception. According to data provided by MJ Freeway,...
By Eli McVey Just months after voters approved a state ballot initiative to revive Montana’s medical marijuana industry, patients are returning to the program by the thousands – breathing new life into dispensaries across the state. [include_post...
