Canadian cannabis companies tap government funding programs
More Canadian cannabis companies are tapping government funding sources to finance research and other projects as private-sector capital has become harder to come by.
Actionable data for marijuana business owners
More Canadian cannabis companies are tapping government funding sources to finance research and other projects as private-sector capital has become harder to come by.
The nation’s largest cannabis multistate operators reported a slowdown in revenue growth in the second quarter, which ended June 30, with efforts to cut costs offset by oversupplied state markets.
Access to recreational cannabis stores across the United States and Canada differs greatly by state and province after taking population into account.
Arkansas medical cannabis sales are still on track for a record-breaking year after transactions in the state reached $23.2 million in July.
Amid declining medical cannabis sales in Canada’s domestic market and cutthroat competition in the adult-use industry, some licensed producers are increasingly looking to overseas markets for a financial lifeline.
Multistate operators are busy expanding their retail footprints in Florida’s nearly $2 billion medical marijuana market, in some cases betting that adult-use legalization is on the horizon and jostling into position to capitalize on that possibility.
Hemp plantings in the United States were nearly cut in half in 2022, with 28,400 acres dedicated to growing the plant – slightly more than the acreage set aside for Christmas trees.