Category: Business Analysis

How medical cannabis programs fare in states with recreational markets

The legalization of recreational cannabis can put a big dent in a state’s pre-existing medical marijuana market. Patient counts in Colorado, Massachusetts, Nevada and Oregon – the only states with both an active recreational marijuana industry and a pre-existing MMJ patient database – have all suffered in the months and years since the launch of […]

German sales of insured medical cannabis soar in second quarter

Sales of medical cannabis covered by insurance continue to increase in Germany, reaching new highs in the second quarter, according to newly released data. The steady growth in sales in the world’s largest importer of medical marijuana is a good sign for the global industry, and it comes as several countries are gearing up to start large-scale […]

Chart: Marijuana vape sales on the upswing in key markets

Vape sales appear to be stabilizing in most major recreational cannabis markets in the United States in the wake of the vaping health crisis, but with more bans and sales restrictions on the horizon the rebound could prove short-lived. After several weeks of declines, vape’s share of adult-use cannabis sales in California, Nevada and Washington […]

Majority of patients sickened in vape epidemic used marijuana vaporizer devices – many from illicit market

Health officials reported on Friday that the majority of those sickened in the vaping health crisis used cannabis vape products containing THC, and many of those in the first two states to report illnesses – Illinois and Wisconsin – said they used counterfeit marijuana products from the illicit market, not licensed MJ companies. The revelations, […]

With rec sales on the horizon, Illinois’ medical cannabis program surging

Illinois’ medical marijuana program is experiencing its most significant and sustained period of growth yet, nearly three years after sales began in the state. From August 2018 to August 2019, patient counts in the state nearly doubled, from approximately 44,000 to more than 83,000. Through the first eight months of 2019, sales of MMJ in […]

Proposed overhaul of Australia’s medical cannabis framework ‘far too slow,’ industry officials say

Industry executives welcomed recommendations to improve the framework governing Australia’s medical cannabis scheme as a potential breakthrough, but some said the expected implementation of the proposals is “far too slow” for a sector in need of regulatory improvement today. The recommendations – made in a government-commissioned report authored by John McMillan, law professor at Australian National University […]

Maryland’s 2019 medical cannabis sales on pace to double 2018 sales

Published 1 hour ago | By Maggie Cowee Maryland’s hot medical marijuana market continues to sizzle – and 2019 sales are on pace to double those from 2018. Data released by the Maryland Medical Cannabis Commission show that through the end of July, MMJ sales through the state’s dispensaries were just under $130 million, with […]

Medical cannabis sales stall in Canada after adult-use legalization; affordability, access also considered factors

Monthly sales of medical cannabis in Canada dropped almost 25% in June from October 2018 – when adult use was legalized – according to the latest data from Health Canada. The new data also underscores challenges facing businesses focused on addressing demand in the medical industry: In June, 1,500 kilograms (3,307 pounds) of dried medical […]

Utah’s medical marijuana patient pool may start small, grow slowly

A recent decision in Utah to award fewer medical marijuana cultivation licenses than allowed raised concerns about a supply shortage, but projections show a relatively small patient count and a slow growth in the state. In July, Utah’s Department of Agriculture and Food (UDAF) decided to award only eight cultivation licenses – two fewer than […]

California cannabis market experiences license contraction in 2019

Before January 2018, when California launched its legal recreational cannabis market, estimates of how many dispensaries peppered the state’s landscape were in the thousands. But once state licenses were required – and with that, express local city or county approval – the number dropped dramatically, to just a few hundred. That was the first instance […]