In less than a year, Oklahoma’s medical marijuana industry went from nonexistent to one of the largest and most valuable cannabis markets in the nation. According to tax receipts released by the Oklahoma Tax Commission, sales of medical marijuana in the state stood at...
A rush of applicants – including several prominent multistate operators – are vying for plant-touching licenses in Missouri’s highly anticipated medical marijuana market.
Recreational cannabis sales are set to begin in Illinois at the start of the new year, but a lack of retail stores threatens to curtail the rollout of what could eventually be a $2.5 billion market.
The legalization of recreational cannabis can put a big dent in a state’s pre-existing medical marijuana market. Patient counts in Colorado, Massachusetts, Nevada and Oregon - the only states with both an active recreational marijuana industry...
Vape sales appear to be stabilizing in most major recreational cannabis markets in the United States, but with more bans and sales restrictions on the horizon the rebound could be short-lived.
Illinois’ medical marijuana program is experiencing its most significant and sustained period of growth yet, nearly three years after sales began in the state. From August 2018 to August 2019, patient counts in the state nearly doubled, from approximately 44,000 to...
While a growing number of states have included social equity provisions in their marijuana programs, they’re approaching the issue in a variety of ways – with varying results.
Increased attention on behalf of lawmakers, regulators and the general public regarding the lack of diversity in the cannabis industry has prompted a growing number of states to institute social equity provisions into their marijuana programs.
Many wholesale cannabis growers choose to compete on quality, even while market forces favor growers who can reliably supply low-cost cannabis. Nearly half of U.S. cultivators are attempting to make high-quality flower their key differentiator, according to the...
With revenue of $8.6 billion-$10 billion, 2018 sales of legal recreational and medical cannabis in the United States topped spending on e-cigarettes, the Fortnite video game and Goldfish crackers combined. The data - published in the 2019...
Retail sales of medical and recreational cannabis in the United States are on pace to eclipse $12 billion by the end of 2019 – an increase of roughly 35% over 2018 – and could rise as high as $30 billion by 2023.
Two-thirds of California municipalities prohibit marijuana businesses from setting up shop, underscoring the hurdles MJ entrepreneurs face in trying to break into the world's largest legal cannabis market. Only 161 of California’s 482 municipalities and 24 of the 58...
