The cannabis industry today reminds me of the tech industry in the late 1980s. It’s the wild west! In the late ’80s and early ’90s, we had tech nerds building and selling computers in their dorm rooms or sleeping under...
After a year-and-a-half break while the world reeled and readjusted to the COVID-19 pandemic, events came roaring back in the second half of 2021. The cannabis industry, buoyed by its designation as “essential,” returned...
Cannabis is fully legalized in eighteen states and illegal in only four. With the continuing legalization and decriminalization of cannabis across the country, the industry is flourishing. In 2020, cannabis retail sales reached...
Every grower knows exactly how costly cannabis leaf problems can become if you aren’t careful. Whether you cultivate outdoors, indoors, or some combination of the two, it takes time to determine exactly what works best...
JERUSALEM – Hebrew University of Jerusalem researchers have used a plant virus to engineer a cannabis strain with higher levels of THC and other medically important substances.
Researchers led by Alexander Vainstein increased...
DENVER – As the cannabis industry grows and evolves, so does its workforce. According to a new study by hiring platform Vangst, the nearly 400,000 people working in the industry coast to coast in 2021 were more diverse...
Although cannabis can be a very profitable industry, the barriers to entry for a new business can be daunting. For existing companies, expanding into new product categories requires a heavy financial investment in research...
Talk about an OG! For more than 100 years, California has been the epicenter of American cannabis production. In 1910, with scarcely more than 25,000 inhabitants, California produced more than 220,000 pounds of hemp. For...
Recreational cannabis sales for adults 21 and over have been approved by New Jersey officials.
Initially, a handful of sites already operating as medicinal dispensaries will be able to expand into the adult-use market. So...
Cannabis experts everywhere are watching the House of Representatives this week, as they might pass legislation that would legalize cannabis on a federal level. Unfortunately, this isn’t the first time the industry has...
New York City has been famous for its brand of thin, crispy, deliciously-greasy pizza for the past century, and this year, the city’s mass of pizzerias might be working a new ingredient into their menus: cannabis.
The past...
Shoppers associate the effects of cannabis with THC, turning the best-known cannabinoid into the most important factor when shopping for flower and related products. As a result of the industry’s push to meet ill-informed...
PHOENIX — Cannabis could be emerging as a significant source of tax revenue for Arizona. According to recently released data from the Arizona Joint Legislative Budget Committee (JLBC), cannabis taxes collected in the state...
Halloween has candy, Valentine’s Day has flowers, and Christmas has, well … everything. For cannabis, April 20 (or 420) is the official holiday for all things weed, and that translates into one of the biggest sales days...
Every new year brings new product categories — with tiers and subtiers within each one — and this market evolution has accelerated as consumers become more familiar with flower, extracts, edibles, and everything in between.
With...
The United States undeniably is moving toward federal legalization. With the support of the alcohol and tobacco industries, ecommerce powerhouse Amazon, and billionaires like Charles Koch, it’s only a matter of time before...
In today’s maturing market, cannabis consumers ingest the plant in an overwhelming number of ways, and fast-acting cannabis-infused beverages are an increasingly popular category that retailers should keep a close eye on...
The biggest day in retail is right around the corner with cannabis sales expected to increase by at least 100 percent domestically and 50 percent in Canada, according to the most recent data from Headset. And while many cannabis...
The cannabis industry can be a minefield of potential legal, tax, and licensing issues. In particular, cannabis lease agreements can be a hotbed of hidden problems. Many operators have been forced out of business altogether...
If the Hollywood stereotype of a typical cannabis consumer ever has been accurate, it certainly isn’t anymore. Over the past fifteen years, the social stigma surrounding consumption has steadily disappeared in tandem with...
On February 24, Russian forces crossed the border into Ukraine and officially invaded the country. Almost immediately, the war became the center of attention around the world, largely due to the humanitarian crisis it created.
Despite...
The variety of cannabis products on the market and the diversity of cannabis consumers are constantly expanding. Smart entrepreneurs are capitalizing on the popularity of pre-rolls and extracts. Whether your business is a...
April 20, or 420, is a yearly event celebrated by cannabis enthusiasts. For members of the cannabis industry, 420 is a day where businesses invest a lot of time and energy. According to analytics firm Headset, 420 has represented...
This year marks the tenth anniversary of Colorado and Washington legalizing adult-use cannabis and jumpstarting the nationwide legalization movement. While it is useful to reflect on the industry’s progress within such...
The shows they are a-changin’. In size, scope, and venue, conferences, expos, and conventions will take on a new complexion going forward, starting this year.
The most noticeable change in cannabis trade shows so far: virtual...
Members of the cannabis industry are intensifying their push to get a banking reform bill passed ahead of the November midterm elections.
Industry members are fearful that a potential GOP takeover in Congress would present...
April 20 is synonymous with the cannabis community, and it should come as no surprise that the famed holiday reaps some of the biggest retail profits for the entire year.
This year was no different—in fact, it was one...
Raising investment has always been one of the most challenging aspects of doing business in cannabis. Large banks continue to be wary of lending money to companies selling a federally illegal drug, but as the industry evolves...
In dispensaries all across the United States, cannabis products labeled “sativa” and “indica” line the shelves. Whether they’re factual or not, the market uses these labels frequently as a signal to consumers. In...
Recently, cannabis consumption has evolved to accommodate numerous lifestyles and preferences. Given the increasing mainstream popularity of legal cannabis, consumers and brands alike are embracing more social and discrete...
Only a handful of cannabis retailers in the entire country enjoy what could be considered national recognition. The select few have achieved their status through a mixture of aggressive franchising (Cookies), major marketing...
Legal cannabis sales in the United States surpassed $17.5 billion in 2020, growing 45 percent over 2019’s total. Market research firm BDSA expects revenues to grow another 38 percent in 2021, topping $24 billion. Currently,...
FARMINGTON, Maine – A Maine man faces life in prison and a $10-million fine after pleading guilty to conspiring to cultivate and distribute cannabis illegally.
Randal Cousineau, 69, is one of twelve defendants charged with...