Flower is the undisputed champion of marijuana products, making up more than half of market share – and often more when including pre-rolls.
Omar Sacirbey
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Edibles and beverages are popular choices with new cannabis users
Leeriness over respiratory hazards is one factor that drives some cannabis consumers away from flower and vapes and toward edibles and infused beverages, industry observers said.
Concentrates and vape products maintain dominance among heavy cannabis users
Vape cartridges and concentrates generally follow flower and pre-rolls in terms of popularity among customers.
Unlike the flower category – where “house” brands dominate – vape and concentrate brands seem to hold more sway over consumers.
Topicals, tinctures and capsules lag other categories, remain popular with women and older consumers
A small but growing segment of the industry belongs to products such as topicals, tinctures and capsules.
Massachusetts Cannabis Advisory Board gets five new members
Massachusetts Treasurer Deborah Goldberg added five people to the state’s Cannabis Advisory Board, including three reappointments and two new appointees.
What venture capital firms, family offices, angel investors and SPACs look for when making investments
MJBizMagazine spoke with some of the most prolific cannabis investors to learn what traits attract them to specific companies.
Casa Verde considers leadership teams and long-term solutions in cannabis investments
For Karan Wadhera, the strength of a company’s leadership team is the most important factor when evaluating the business. Wadhera is managing partner at Casa Verde Capital, a Los Angeles-based venture capital firm that has invested in 25 plant-touching and ancillary...
VC partners like barriers to entry and leaders wise enough to step down
When looking for a potential investment, the founders of Silverleaf Venture Partners know what they don’t like. “We don’t like commodity businesses,” said Douglas Hannah, who started the company with Andre Haroche in 2017. Hannah defined commodity businesses as those...
Canna Angels founder likes melding cannabis experience with Wall Street smarts
Sherri Haskell’s favorite type of leadership blends legacy expertise with a mainstream business mindset. “What I have found to be a particularly successful combination is if we can put legacy founders together with – for lack of a better term – Wall Street acumen and...
Single-family office likes leaders who surround themselves with talent and experience
Cannabis requires the same fundamentals as other investments, according to Kevin McGovern, whose single-family office specializes in making early stage investments in consumer technologies and brands. But it’s also “a little different,” he added, “because it requires...
Founders work hardest when deal structure is mutually beneficial, executive says
Investor Ryan Ansin estimates that only 10% of companies have the right management team in place. After starting to explore cannabis investing in 2014, he has invested in 13 plant-touching and ancillary companies. “It’s no different than any other industry. Have these...
Accelerators and incubators can provide cannabis businesses with access to capital
Young cannabis companies that are ready to advance but lack the capital and expertise to do so might want to consider business incubators and accelerators.
