Marijuana Industry Data and Charts

Chart: Marijuana business licensing backlog in Alaska

By Eli McVey Despite having legalized adult-use cannabis in 2014, Alaska’s recreational marijuana industry is taking much longer than expected to begin realizing its potential. An understaffed state regulatory agency has been slow to license new businesses, and significant amounts of red tape at the local level have prevented some licensees from opening their doors.

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Chart: License delays plaguing Portland, Oregon, recreational cannabis businesses

By Eli McVey Fighting a slow-moving bureaucracy, the overwhelming majority of companies seeking recreational marijuana business licenses in Portland, Oregon, are stuck in various stages of the city’s application process. It’s a frustrating and potentially disastrous scenario for many entrepreneurs hoping to enter the state’s largest cannabis market.

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Chart: Colorado wholesale marijuana prices tumble in 2016

By Eli McVey Wholesale prices of medical and recreational cannabis fell precipitously in Colorado last year, highlighting the difficulties faced by cultivators looking to maintain their profit margins in one of the nation’s most mature marijuana markets.

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Chart: Sharp rise in Minnesota medical marijuana patients buoys businesses

By Eli McVey The number of medical marijuana patients in Minnesota more than quadrupled in 2016, breathing life back into an industry some observers feared was unsustainable. Chalk it up to the addition of intractable pain to the state’s list of qualifying conditions, which had an immediate and dramatic impact on patient counts.

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