Retail sales of medical and recreational cannabis in the United States are expected to hit $8 billion-$10 billion this year – a nearly 50% increase from 2017 – and rise as high as $22 billion by 2022. That’s according to exclusive projections from the 2018 edition of the Marijuana Business Factbook released Wednesday at the […]Read More
Connecticut isn’t the biggest medical marijuana market in the United States, but like plenty others, it’s experiencing massive growth. In just the past 12 months, the state’s registered MMJ patient count has shot up 46%. The number of registered medical cannabis patients has gone from 17,769 in April 2017 to 25,855 in April 2018, a […]Read More
There weren’t any big expectations for Montana’s medical marijuana market when it was relaunched at the end of 2017, but patient numbers in the Big Sky state have skyrocketed and the state’s dispensaries are winners. Patient numbers have nearly doubled since March 2017, when there were 12,890 registered patients in the state, to 25,725 in […]Read More
The unofficial marijuana holiday of April 20 – known to cannabis enthusiasts as 4/20 – annually brings a big boost in sales for retailers across the industry – and pressure to live up to customer expectations, both for great deals and good times. “It’s almost like Black Friday, where people are waiting at the door […]Read More
Minnesota has been among the most restrictive medical marijuana markets in the United States for years, with only two licensed producers serving all registered MMJ patients, a ban on edibles and cannabis flower and a narrow qualifying conditions list. Those factors add up to a small patient pool and questions about whether Minnesota’s two vertically […]Read More
Exports of medical cannabis oil from Canada had a breakout year in 2017 – and executives say it is just the start for a massive new overseas market.
Medical cannabis exports in oil form rose 300% from 2016 levels, according to data shared with Marijuana Business Daily by Health Canada. Analysts expect this trend to continue as countries legalizing medical cannabis look to imports to meet demand in lieu of domestic cultivation.Read More
Nearly 1,000 individual cannabis businesses have been sent cease-and-desist letters or emails by California regulators during an ongoing enforcement process, a first step in a long effort to ensure the state’s industry is fully regulated and operating like those in more mature markets. According to a list obtained by Marijuana Business Daily, as of April 4, […]Read More
With adult-use sales still at least a year out in Maine, the gray market for cannabis is burgeoning – largely at the expense of the state’s regulated medical marijuana industry. Sales of MMJ through Maine’s eight licensed dispensaries fell by over $2 million in 2017 – a 9% decline – on the back of an […]Read More
Canadian licensed producers are exporting a record amount of medical cannabis in their drive to establish toeholds in burgeoning overseas markets.
Shipments of dried medical marijuana have soared since 2015, according to data shared with Marijuana Business Daily by Health Canada.
Just over 522 kilograms of dried cannabis was exported to four countries last year, more than 10 times the 44.8 kilograms shipped abroad in 2016.Read More
Rising acceptance for hemp and CBD – combined with easing regulations at the state level – caused U.S. hemp production to surge in 2017. From 2016 to 2017, the number of acres licensed for hemp cultivation in the top 10 hemp-growing states grew by 140% – while the number of hemp producers doubled over the same […]Read More
Hawaii’s medical marijuana patient count continued to climb through 2017, as the program expanded its list of qualifying conditions and allowed dispensaries to finally open their doors. The MMJ patient count jumped 33% in 2017, but that growth was relatively even throughout the year. Month-over-month growth averaged 2%, consistent with data from previous years. The […]Read More
More businesses have been denied medical cannabis cultivation licenses in British Columbia than in any other province in Canada, according to new data provided to Marijuana Business Daily by Health Canada. British Columbia accounted for 100 of the 268 applicants that have been turned down across the country. Ontario, which has the most producers and […]Read More
- December 12, 2018December 12, 2018December 12, 2018December 11, 2018
- December 10, 2018December 10, 2018December 10, 2018December 7, 2018December 7, 2018
- December 7, 2018December 6, 2018December 5, 2018
- December 11, 2018December 10, 2018December 7, 2018December 7, 2018
- December 5, 2018December 3, 2018November 29, 2018November 29, 2018November 28, 2018
- November 26, 2018November 26, 2018November 21, 2018November 20, 2018November 16, 2018November 16, 2018November 13, 2018November 12, 2018
Read the Issue