A limited number of medical marijuana producers in Canada, combined with rising patient counts, growing MMJ sales and impending federal legalization of adult use, have enabled the country’s licensed cannabis companies to grow much larger than their U.S. counterparts.
Marijuana Business Daily has launched its annual survey of executives and major investors in the cannabis space, which will help the company provide key market, financial and operational data for businesses and entrepreneurs. Executives with dispensaries/retail...
MJBizCon has quickly become a heavyweight in the event space, ranking as the fastest-growing trade show in the country and attracting more attendees than many mainstream industry gatherings. This year’s conference - the sixth edition -...
Many marijuana business owners identified word of mouth and social media as the most effective methods of marketing/advertising for their companies, according to data gathered for the Marijuana Business Factbook 2017. Small marketing budgets,...
Despite a shaky rollout, Florida’s full-fledged medical marijuana industry is off to an explosive start. More than 30,000 patients have enrolled in the MMJ program since June – a 183% increase – and total patient counts will soon eclipse...
By Eli McVey
With Canada’s recreational marijuana market set to launch next summer, the country’s licensed medical cannabis producers are shoring up their inventories in anticipation of an eventual supply shortage.
By Eli McVey The number of medical cannabis patients in New York has nearly tripled this year, driven by the addition of chronic pain as a qualifying condition and a series of changes aimed at increasing the viability of the state’s medical marijuana program....
By Eli McVey Over 40% of cannabis business owners are planning to take their companies into a new market within the next year, according to a Marijuana Business Daily survey. Of the business owners intending to expand, the vast majority have identified opportunities...
By Eli McVey Nevada's recreational marijuana industry is off to a blistering start, with early sales far surpassing the totals other adult-use markets posted their first few weeks. The development highlights how different approaches to the rollout of recreational...
By Eli McVey Medical cannabis sales in Hawaii officially began in August following several months of delays and setbacks. While initial data suggests the state's program is comparable to others on the mainland, a closer look reveals just how unique the market really...
By Eli McVey Canada’s medical marijuana program continues to surge, with 30,000-plus patients enrolling last quarter to boost the total count over 200,000. That marks three straight years of quarter-over-quarter patient growth for the program and a 168% increase from...
By Eli McVey The Average Market Rate (AMR) for a pound of wholesale marijuana in Colorado’s recreational market has hit an all-time low, pushed down by the continuous flow of new cultivation facilities coming online, increased efficiency among existing growers and a...
