Eli McVey

Chart: Colorado wholesale marijuana prices tumble in 2016

By Eli McVey Wholesale prices of medical and recreational cannabis fell precipitously in Colorado last year, highlighting the difficulties faced by cultivators looking to maintain their profit margins in one of the nation’s most mature marijuana markets.

Read More

Chart: Sharp rise in Minnesota medical marijuana patients buoys businesses

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, which had an immediate and dramatic impact on patient counts.

Read More

Chart: Healthy markups for MJ strains with celebrity names

By Eli McVey Celebrity-branded marijuana strains are commanding a premium in recreational markets by capitalizing on name recognition and sophisticated branding. The average markup of a celebrity-branded strain versus its unbranded counterpart is approximately 24%, which often equates to $5-$10 more per eighth, according to an analysis by Marijuana Business Daily.

Read More

Map: The post-election U.S. marijuana landscape

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.

Read More

Handful of businesses and individuals donate $21M for, against marijuana measures

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 individuals account for a whopping $20.8 million in donations on both sides.

Read More

Chart: Polls for marijuana measures tight heading into Election Day

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 want to keep the bubbly on ice for now.

Read More