By Jennifer Mann With electricity bills for marijuana grow facilities running thousands of dollars a month in some cases, understanding how energy usage breaks down is the starting point to controlling costs. Just three areas – lighting, air conditioning, and ventilation and dehumidification – comprise almost 80% of total energy costs for an average commercial […]Read More
By Jennifer Mann Good news for medical marijuana companies hoping to open their doors in Nevada next year: The customer base is growing rapidly as dispensaries move closer to becoming a reality. The number of registered medical cannabis patients in the state has jumped more 50% this year, from 4,989 at the end of January […]Read More
By Jennifer Mann
How much can a big holiday impact recreational cannabis companies?
A lot, as evidenced by a breakdown of overall recreational cannabis revenue in Washington State over the course of an average week vs. Thanksgiving week.
Sales hit $3.65 million during the holiday week this year, up about 30% from $2.8 million for the average week between September and the end of November, according to data from the state. The numbers include sales generated by retail stores, producers and processors.Read More
By Jennifer Mann If you want to get an idea of which medical marijuana states offer the best business opportunities, take a look at the density of MMJ patients relative to the population. States with a higher concentration of patients often have thriving MMJ markets and offer a more welcoming climate for medical cannabis businesses.Read More
By Jennifer Mann Just how quickly has the medical marijuana industry grown? Here’s one indication: In three years, the portion of the U.S. population living in states with medical cannabis dispensaries has more than doubled. In 2011, just 22% of residents lived in states with existing dispensaries. By the end of 2014, 46% of the […]Read More
By Jennifer Mann How big will Alaska’s recreational cannabis market be when sales start in 2016? The Marijuana Policy Project has come up with some projections through 2020, based in part on an extrapolation of data from Colorado’s recreational market. The organization projects aggregate sales from 2016 through 2020 at $398.5 millionRead More
By Jennifer Mann The largest demographic group of registered medical marijuana patients in Arizona consists of men between the ages of 18 and 30, more than three times the number of women in that age range, according to the latest stats from the state. The age group with the closest correlationRead More
By Jennifer Mann Recreational cannabis revenues started off slow in Washington State but have been posting solid gains in recent months as more stores and growers come online. Since sales began on July 8, retail stores, producers and processors have brought in more than $31.6 million in revenue from cannabis sales though October, generating over […]Read More
By Jennifer Mann Florida residents went to the polls last week to vote on Amendment 2, which would have legalized medical marijuana and created hundreds of millions of dollars in business opportunities. The measure garnered 3,363,522 votes – more than AlaskaRead More
- July 1, 2019June 25, 2019
- June 20, 2019
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