Ohio recreational marijuana market already showing signs of price contraction
Products in Ohio’s recreational marijuana market are showing signs of price contraction only five months after sales began.
Wyld dominates edibles category in adult-use marijuana markets
Wyld is well on its way to becoming the top-selling edibles brand in every state, a goal the Oregon-based company says it has set for itself.
Canadian hemp license numbers decline for third straight year
Active Canadian hemp licenses declined for the third year in a row with all provinces or territories showing double-digit permit declines from 2022.
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.
