Some parts of California unaffected by cannabis sales slump
While overall cannabis sales have been falling in California since early 2021, some areas of the state are breaking the trend.
US cannabis business licenses down 6% in first quarter of 2024
The number of active U.S. cannabis business licenses fell 6% during the first quarter of 2024, according to CRB Monitor, a cannabis intelligence firm.
MJBiz Factbook: Marijuana industry will add $112.4 billion to US economy in 2024
The total U.S. economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, about 12% more than last year, according to analysis from the newly released MJBiz Factbook.
More than half of US hemp flower grown in California
California led the nation in hemp flower acreage and production in 2022, according to an MJBizDaily analysis of the recent Census of Agriculture report released by the U.S. Department of Agriculture. Alameda County, California, led all U.S. counties.
US marijuana business licensing declined for the first time in 2023
After years of double-digit growth, active marijuana business licenses in the United States declined for the first time in 2023.
Adult-use marijuana sales growth in 2023 varied by market age
Year-over-year marijuana sales-growth rates varied in 2023, with new markets continuing to grow and established markets not declining as much.
Ranks of women, minority cannabis execs rebound to pre-pandemic levels
The percentage of women and members of minority groups holding executive positions in the cannabis industry has returned to pre-pandemic levels after a significant drop during the past three years, according to a new report from MJBizDaily.
