Election results mixed for marijuana allies in US House
A look at how marijuana allies in the U.S. House of Representatives fared in their bids to win offices in the 2022 midterm elections.
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Articles by Omar Sacirbey :
Beverages struggle to gain footing and market share in marijuana retail
Cannabis-infused beverages receive a lot of hype when they are rolled out, but they seldom turn out to be the hit their financial backers expect.
Gummies dominate cannabis-infused edibles sector, with two major players vying for lead
Sales of marijuana-infused edibles nearly tripled from 2018 to 2022, increasing almost $535 million to more than $1.4 billion, according to Seattle-based analytics company Headset, which tracks regulated cannabis markets.
Consumers embrace concentrates as falling flower prices lead to cheaper extracts
Cannabis industry analysts and retail buyers say concentrates have made significant advances in the past 12 to 18 months—especially in more mature markets and among frequent cannabis consumers.
This goes for both stand-alone concentrates and infused products such as pre-rolls, vape cartridges and edibles.
Flower still No. 1 with consumers, even as innovative product types crowd store shelves
Flower has lost some market share to other marijuana products in recent years, but consumers aren’t replacing flower with concentrates, edibles and vapes.
In fact, flower consumption and total dollars spent in the category have increased, even as flower’s market share has decreased.
Industry experts advise catering to frequent marijuana users with product variety and competitive pricing
The regulated cannabis industry in the United States is well into its second decade, but how products, brands and consumers are evolving remains fluid.
New product types and cannabis consumers are created every day, while sales experts report that veteran users are buying more and seeking greater variety.
Curaleaf agrees to $100,000 class action payout over THC labeling mix-up
Multistate marijuana operator Curaleaf Holdings will pay $100,000 to settle a class action lawsuit in Oregon stemming from a deadly labeling mix-up in 2021.
Detroit receives 90 recreational marijuana business applications
Detroit regulators received 90 applications for the 60 recreational marijuana business licenses available in the city’s first phase of licensing.
Green Thumb inks deal to sell medical cannabis at Florida gas stations
Green Thumb Industries, one of the biggest multistate operators in the U.S., signed an agreement with Circle K – one of the largest convenience-store chains in the world – that allows the cannabis company to lease space and open medical marijuana dispensaries adjacent to Circle K locations in Florida.
Charlotte’s Web picked as first CBD sponsor of Major League Baseball
Major League Baseball (MLB) and Charlotte’s Web Holdings, one of the best-known companies in the CBD industry, signed an agreement designating the Colorado company as the league’s first official CBD sponsor.
Cannabis advocates face off as redistricting changes congressional maps
As cannabis executives watch the 2022 midterm elections, one factor that could affect races for seats in the U.S. House of Representatives – and the likelihood of federal marijuana reform – is congressional redistricting.
Schwazze adds two more Colorado marijuana stores to portfolio
Schwazze, a Denver-headquartered vertically integrated multistate operator, entered an agreement to pay $2.75 million to acquire “certain assets” of Lightshade Labs, a 10-store Colorado chain.
