Actionable data for marijuana business owners
Cannabis sales in Arizona are thriving nearly a year after the state’s adult-use program launched, but some industry officials fear smaller operators, including social equity license holders, risk getting swallowed by big companies.
Bum seeds. Females that turn into males. Hemp plants that go into THC overdrive and must be destroyed.
Cannabis producers have seen firsthand the devastation that inconsistent genetics and pests can have on a crop.
Most of the top publicly held marijuana multistate operators posted single-digit revenue gains in the quarter ended Sept. 30, slowing from the sizzling double-digit growth in the previous quarter.
Toronto has seen almost 12 cannabis stores open per month on average since the beginning of 2021, bringing the total number in the city to more than 200 as of September, doubling the number at the start of the year.
More companies have entered the marijuana point-of-sale market in 2021 than in previous years, setting up the possibility of downward price pressures in the POS sector and consolidation among businesses that provide the software to retailers.
Thousands of Canadian marijuana industry workers have lost or left their jobs since early 2020, even as their employers received more than $140 million Canadian dollars ($112 million) in federal subsidies to retain or rehire employees amid the pandemic, an MJBizDaily analysis has found.
