Tag: markets

Customs agents seized glassware bound for Washington state’s legal cannabis markets

Hundreds of thousands of dollars of glass jars and other packaging were seized in Washington state by federal customs agents, according to several licensed marijuana businesses. The seizures, in Tacoma, Washington, raise concerns that state-lawful cannabis businesses are being unfairly targeted for importing what they believe are legal goods. The recent action was reported by […]

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 […]

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 […]

Capitalizing on marijuana markets with limited rivals

Cannabis cultivation companies with a foothold in “constrained” markets – those with relatively few licenses such as Massachusetts – have a natural advantage, thanks to limited competition and marijuana supplies. Massachusetts-based Tilt Holdings is one such company. Tilt has multiple businesses that, among other things, offer cannabis-related technology and operate cultivation centers and retail stores […]

Marijuana wholesale prices on the rise in mature recreational markets

Wholesale cannabis prices appear on the rise in longstanding adult-use cannabis markets Colorado, Oregon and Washington state, according to two recent reports and insight from growers. The upward-trending prices seem to be increasing because of: Stronger demand and weaker supply beyond the typical summer economic dynamics. More growers going out of business. Farmers pivoting to […]

Newer marijuana markets embrace social equity programs

Increased attention by lawmakers, regulators and the general public regarding lack of diversity in the cannabis industry prompted a growing number of states to include social equity provisions in their marijuana policies. Of the 18 states that legalized medical or recreational cannabis sales since 2016, six have taken considerable measures to boost diversity in their […]

Recreational Marijuana Markets Are Source for Self-Medication, Study Finds

Researchers asked 1,000 adult-use cannabis consumers at two Colorado dispensaries what they use cannabis for, and a new study has found residents are self-medicating with recreational marijuana.  Among consumers surveyed, 65% use it to relieve pain and 74% use it for better sleep. A majority of those surveyed claimed it helped them reduce the use […]

Marijuana store density surpasses Starbucks & McDonald’s in many mature MJ markets

As competition between cannabis retailers grows, so does the number of stores in mature markets, where the relative density of marijuana shops has surpassed that of Starbucks in many. The recently released Marijuana Business Factbook estimates that in Denver and Portland, Oregon, for example, marijuana retailers outnumber Starbucks by close to double, while in Anchorage, Alaska – […]

Colorado 4/20 sales spike higher than other recreational cannabis markets

Despite competing with newer adult-use marijuana markets in other states that also attract swarms of tourists, Colorado’s established recreational cannabis business arena remains a steady retail sales leader on April 20 – the unofficial marijuana holiday known as 4/20. According to data provided by Flowhub, a Denver-based marijuana software company, and Headset, a Seattle-based cannabis […]

Congressional legislation reintroduced to protect state-legal marijuana markets

A bipartisan group of lawmakers in the U.S. House and Senate reintroduced legislation Thursday to protect states’ ability to enact their own marijuana policies while resolving long-standing banking and taxation issues. The States Act – which is expected to face tougher sledding in the Republican-controlled Senate versus the Democratic-controlled House – would create an exemption in the […]