Marijuana Industry Statistics, Data and Charts

Chart of the Week: Much of Oregon Set for Messy Grand Re-Opening

By Becky Olson A common reaction of local municipal governments to medical and recreational marijuana laws is to enact moratoriums, thus preventing licensed shops from opening. One case in point: 72% of Oregon’s 36 counties enacted temporary bans on medical marijuana businesses following passage of the state’s dispensary law in 2013. Businesses operating in the […]

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Chart of the Week: 25-Month Average Wait Time From Legalization to Sales

By Becky Olson The wheels of state government can grind slowly, especially when it comes to medical marijuana implementation. In regulated states where dispensaries are open for business, it took an average of 25 months for the very first licensed dispensary to open after the state’s MMJ bill or ballot passed. However, many regulated states […]

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Chart of the Week: Arizona’s Cannabis Cultivation Over-Capacity

By Becky Olson According to data gathered by Benchmark Commercial Real Estate (BMCRE) in Arizona, the amount of square footage approved for potential cannabis cultivation massively exceeds what the current medical marijuana – or even the future recreational – in-state market will bear. The state already has just over one million square feet of built-out […]

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Chart of the Week: 2014 Performance of Cannabis Stocks By Quarter

By Marijuana Business Daily staff Cannabis stocks proved lucrative at the beginning of 2014, but the chances of a solid return deteriorated in the second half of the year. An investor who pumped money into a mix of securities followed by the Viridian Cannabis Stock Index in early January of last year could’ve netted a […]

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Chart of the Week: Latest patient counts in emerging medical marijuana markets

By Marijuana Business Daily staff Medical marijuana dispensaries are slated to launch in several new states this year, accelerating the MMJ industry’s march across the country. But it’s difficult to determine the potential size of these markets, as it will largely depend on how many patients register for medical cannabis

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Chart of the Week: Monthly Medical, Recreational Marijuana Sales in Colorado

By Marijuana Business Daily staff So much for initial concerns that recreational cannabis would end up being a novelty. The rec industry had a meteoric rise in Colorado, with sales matching and then surpassing medical marijuana revenues in the second half of 2014. All told, the rec industry topped MMJ sales in three months of […]

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Chart of the Week: New Businesses Flooding the Cannabis Industry

By Marijuana Business Daily staff The Green Rush is alive and well. Roughly 53% of cannabis-related businesses either launched in 2014 or are in startup mode now, underscoring intense entrepreneurial interest in the industry, according to preliminary data from Marijuana Business Media’s recent survey of executives in the sector. This represents a slight uptick from […]

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Chart of the Week: Increasing Pace of Recreational, Medical Marijuana Legalization

By Jennifer Mann If the recent past is any indication, the cannabis industry should be optimistic for legalization of both medical and recreational marijuana at the state level in 2015 and beyond. Over the last five years, a whopping 16 cannabis legalization measures cleared state legislatures or were approved by voters (not including CBD-focused initiatives). […]

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Chart of the Week: The Challenging Banking Climate for Marijuana Businesses

By Jennifer Mann The difficulties dispensaries and recreational cannabis stores face on the banking front are well documented. Although the federal government issued guidance early last year on how banks can work with the industry, the vast majority of financial institutions still keep marijuana companies at arm’s length. Just 105

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