Alaska’s summer tourism season has produced the strongest months on record for wholesale marijuana sales, but MJ businesses are still adapting to the cyclical nature of the state's adult-use market. The state's cultivators sold nearly 2,500 pounds of flower and trim...
Businesses that provide seed-to-sale tracking systems to the marijuana industry operate in an intensely competitive environment, but one company appears to be pulling away from the pack with its recent contract victories.
Franwell – the Florida manufacturer of the regulatory compliance system known as Metrc – has won contracts with more than half the markets that require cannabis businesses to use a specific seed-to-sale traceability system.
The number of licensed recreational cannabis stores in California is far short of what’s needed to adequately supply the market, as licensing logjams at the local level constrain establishment of operations in large portions of the state.
It’s yet another issue hampering the rollout of California’s recreational marijuana industry, which has experienced lower-than-expected tax revenue and a flourishing black market.
The number of medical marijuana patients in Canada skyrocketed in recent months, and patterns of consumption are evolving as the market grows. The latest data from Health Canada shows patient counts in the country reached nearly 300,000 in March, up from 175,000 in...
Colorado’s retail marijuana sector has seen more consolidation as it’s matured, but relative to more established industries, it remains a highly competitive and open market.
New York’s medical marijuana program is adding patients at a speedy clip, and the recent approval of MMJ as an alternative to opioids has the potential to give sales in the state a substantial boost. Over the past 12 months, nearly 37,000 patients were added to New...
Defying trends in other recreational markets across the United States, wholesale cannabis prices in Nevada continue to rise a year after adult-use sales began.
Looking ahead, there are few signs prices will fall anytime soon.
Maryland’s medical marijuana market is off to a hot start – a welcome development for a program that took more than four years to get off the ground.
Medical marijuana programs in states that went on to legalize adult-use cannabis are suffering.
Data from MMJ programs in Colorado, Oregon and Nevada – the only states with both an active recreational marijuana industry and a pre-existing MMJ patient database – shows patient counts steadily declining in the months and years following the launch of each state’s adult-use market.
Florida’s medical cannabis industry is already growing at a brisk pace, and changes to the program could accelerate growth even further.
Support for marijuana policy reform at the federal level is reaching a fever pitch, fueling a surge in the number of marijuana-related bills introduced to this session of Congress. A Marijuana Business Daily analysis found that 41 pro-cannabis...
Pending legislation in Illinois that would allow medical marijuana as an alternative to opioid prescriptions could fundamentally alter the business landscape in the state. The move could potentially add tens of thousands of new patients to the MMJ program and...
