There’s one major pain point for Oregon marijuana business owners that eclipses all others: a supply glut caused by too much cannabis and insufficient demand. The surplus of wholesale cannabis has shifted the dynamics of the state’s MJ industry. It has forced growers to cut costs and eliminate staff. And it has created a buyer’s […]
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California Marijuana Notebook: More industry shrinkage may be on the way
Anyone who’s actively involved in the California marijuana space can tell you the one overriding theme of 2018 thus far has been confusion.
There are far more questions than answers at nearly every level of the supply chain – from growers to retailers to ancillary businesses and everyone in between.
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Chart: Stage is set for more growth in New York’s rapidly expanding medical marijuana market
New York’s medical marijuana program is adding patients at a speedy clip, and the recent approval of MMJ as an alternative to opioids has the potential to give sales in the state a substantial boost. Over the past 12 months, nearly 37,000 patients were added to New York’s MMJ program, a 128% increase. The gains […]
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Border concerns have chilling effect on Canada’s marijuana industry
Reports that some Canadian cannabis professionals have been turned away from the U.S. and received lifetime bans due are having a chilling effect across the industry.
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Week in Review: California marijuana recalls, MA diversity issues & Detroit limits MMJ facilities
Two voluntary marijuana product recalls occur in California, financial hurdles stymie diversity in Massachusetts’ recreational MJ industry, and Detroit caps the number of medical cannabis licenses at 75. Here’s a closer look at some notable developments in the cannabis industry over the past week. Failing grades It’s been a month since mandated lab testing for […]
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How Trump’s trade battles are affecting the marijuana industry
The Trump administration’s imposition of tariffs on China is expected to have a direct impact on several sectors of the marijuana industry – in particular, cannabis vaporizer companies. Others likely to be affected include: Cultivation operations that want to expand their greenhouse facilities. Growers that need to buy lighting equipment. Brands that purchase packaging from […]
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Molson Coors bets on growing cannabis industry with Canadian joint venture
Molson Coors Brewing Co. is teaming up with a cannabis company in Canada as beer companies look to fend off competition from North America’s growing marijuana market.
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Los Angeles marijuana industry still in turmoil as second licensing round begins
Talk with a cross section of entrepreneurs in the Los Angeles cannabis industry, and one consistent theme emerges: The market is in tumult, plagued by black-market operators, licensing delays and a social equity program that has yet to fully take shape.
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Big hits: Cannabis companies on pace to raise record $8 billion in 2018
Marijuana companies across the globe are on pace to raise a record $8 billion by the end of 2018 as more companies go public and scale to meet growing demand, an analysis of recently released market data shows. Through the end of June, cannabis companies raised a record $4.3 billion – more than triple the […]
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Chart: Wholesale marijuana prices on the upswing in Nevada amid growing demand
Defying trends in other recreational markets across the United States, wholesale cannabis prices in Nevada continue to rise a year after adult-use sales began.
Looking ahead, there are few signs prices will fall anytime soon.
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Sustainable cultivation practices can boost a marijuana company’s bottom line
OutCo, a cannabis cultivation, manufacturing and retail company in Southern California, marked a milestone May 7: It harvested its final crop grown under high-pressure sodium lights.
The company needed a couple of years to transition from the powerful but power-sucking HPS lights used by most commercial growers today to more expensive – but more efficient – LED lights.
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July Issue
U.S. cannabis companies willing to work at it will find ample opportunities to raise money.Read the Issue