By Eli McVey The number of medical marijuana patients in Minnesota more than quadrupled in 2016, breathing life back into an industry some observers feared was unsustainable. Chalk it up to the addition of intractable pain to the state's list of qualifying conditions,...
By Eli McVey Nearly 20% of cannabis companies are changing up their growth plans for next year based on the election of Donald Trump, with some scaling back or delaying projects and others accelerating or even expanding them, according to a Marijuana Business...
By Eli McVey Over half of executives in the cannabis industry are worried about their business prospects under a Trump administration, with 30% saying they are "very concerned," according to a poll by Marijuana Business Daily. The survey results underscore the general...
Celebrity-branded marijuana strains are commanding a premium in recreational markets by capitalizing on name recognition and sophisticated branding.
By Eli McVey Despite a slow start, Illinois’ medical marijuana program has been adding patients and increasing sales at a solid, consistent pace throughout 2016. Licensing delays and a restrictive list of qualifying MMJ conditions had many industry insiders wondering...
States that passed marijuana measures earlier this month eventually could generate more in annual retail MJ sales than the entire U.S. cannabis industry is expected to this year. Though these new markets will take time to develop, they present tremendous opportunities...
By Eli McVey Nearly 60% of the U.S. population now lives in states that have legalized some form of marijuana use and sales, illustrating the rising acceptance of cannabis nationwide and highlighting the industry's immense potential for future growth. Rewind just 10...
By Eli McVey and John Schroyer The nine cannabis-related measures on ballots across the nation have drawn immense attention, most notably in the form of tens of millions of dollars in political contributions. Campaign finance data shows that 20 businesses and...
By Eli McVey Will Election Day lead to champagne showers and celebratory toasts in the U.S. marijuana industry or widespread heartache and disappointment? Judging by the latest round of polling data, there's reason to be optimistic - though cannabis executives might...
By Eli McVey
Medical cannabis sales in California have soared over the past five years, rising from a reported $351 million in 2010 to nearly $814 million in 2015, according to exclusive data obtained by Marijuana Business Daily.
By Eli McVey With just two weeks to go until Election Day, the marijuana industry has reason to be optimistic that 2016 will truly shape up to be a historic year for cannabis and pave the way for billions of dollars in business opportunities. Collectively, committees...
By Eli McVey
Over half of all reported medical marijuana sales in California’s massive $845 million MMJ market are concentrated in just three counties, according to exclusive data obtained by Marijuana Business Daily.
The counties – Los Angeles, San Francisco and Alameda – totaled $450 million in sales over a one-year period ending in March 2016.
