Illegal Cannabis Operation Could Net Conspirator Life Sentence

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...

2y

MG Retailer

What Is Delta 8 THC?

The rapid growth of the cannabis industry and the complicated legal status of tetrahydrocannabinol (THC) have created unique conditions for entrepreneurs, and their innovation has brought a new product to the marketplace....

2y

MG Retailer

Cannabis Business Liability Insurance: Top 4 Risk Categories

The U.S. cannabis industry hit a record $24 billion in sales in 2021. With legalization becoming more common, the industry is poised for another year of huge growth in 2022. The enterprises set to benefit most from the anticipated...

2y

MG Retailer

As Sun-Grown Cannabis Prices Plunge, Farmers Brace for the Future

A few years ago, a frosty pound of outdoor or greenhouse flower in California could fetch $1,500 to $2,000 in both legal and illicit markets. But my, what a difference a few years makes. On the West Coast, sun-grown cannabis...

2y

MG Retailer

Apothecarium Berkeley Is a Study in Elegant Simplicity

While intentional, welcoming design has become a necessity for new dispensaries, some stores have been creating and defining elevated cannabis shopping experiences for a long time. Apothecarium, for example, has been setting...

2y

MG Retailer

MSOs Target Cannabis Product Brands in Bid for Retail Dominance

Just a decade or so into North America’s adult-use cannabis experiment, we have a strong sense of where the biggest companies (multistate operators, or MSOs) plan to assert their dominance. As states make the inevitable...

2y

MG Retailer

Cannabis Revenue Forecast for 2025 Jumps by $20 Billion

SEATTLE – Sales in the United States could reach $45.8 billion by 2025, according to a new cannabis revenue forecast by data firm Headset. The forecast includes projected sales in all fifty states and surpasses previous...

2y

MG Retailer

Influential People of Color in Cannabis

As we survey the landscape in 2022, it’s clear the cannabis industry’s work has only begun when it comes to creating a vibrant, diverse ecosphere where all can thrive. Although many businesses are eager to discuss diversity,...

2y

MG Retailer

Cannabis Retail Sales, Tax Revenues Setting Records

CARSON CITY, Nev. – Nevada retailers reported more than $1 billion in medicinal and recreational sales between July 1, 2020, and June 30, 2021, according to a report from the Department of Taxation and the Cannabis Compliance...

2y

MG Retailer

22 Cannabis Leaders Who Will Shape the Industry in 2022

Make no mistake: 2022 will be a pivotal year in cannabis. We are (cautiously) emerging from the pandemic as a stronger industry. The chaotic past two years tested cannabis’s recession mettle, and we proved remarkably durable....

2y

MG Retailer

Affordable Cannabis Flower Brands Find Enthusiastic Market

Over the past year, blockbuster indoor exotics have been the biggest buzz in the cannabis flower category. Brands like Cookies, Connected, Alien Labs, and Sherbinskis have become staples of streetwear culture. The brands...

2y

MG Retailer

Cannabis Not Suffering Retail Inflation

If you’ve been to the grocery store lately, you’ve probably noticed prices creeping up. The increase is directly caused by a recent spike in inflation that has both consumers and economists worried. Fortunately for cannabis...

2y

MG Retailer

Chad Bronstein Hit the Suite Spot with Cannabis MarTech Fyllo

“Ever since I was a little kid, I’ve always been an entrepreneur,” said Chad Bronstein. The affable 34-year-old founder and chief executive officer of Fyllo, a compliance, marketing, and data company, grinned and rubbed...

2y

MG Retailer

Competition for Cannabis Commercial Properties Escalates

As if cannabis entrepreneurs didn’t have enough to contend with, now comes news that real estate owners in new markets are asking two to three times the market rate for properties in canna-friendly zones. “After the great...

2y

MG Retailer

Cannabis Flower Maintains Power in North American Sales

SEATTLE – Vaporizer pens are still hot and infused drinks keep creeping upward in popularity, but cannabis flower remains the king of cannabis sales in both the United States and Canada, according to a new report from the...

2y

MG Retailer

TheRealCannaBus is a High-Tech Dispensary on Wheels

BOWLING GREEN, Ky., and LOS ANGELES – TheRealCannaBus, Enlighten’s high-tech dispensary on wheels, will make its way across the United States this fall as part of a campaign to demystify and destigmatize legal cannabis. Built...

2y

MG Retailer

Study: Retailers, Consumers Out of Sync on Cannabis Product Inventory

The modern retail cannabis store is a work in progress. Even in mature markets, it’s often a guessing game for general managers as they meet with new brands, evaluate new products, and decide how to allocate limited and...

2y

MG Retailer

How Australia Accomplished Federal Cannabis Legalization

Over the past several years, I’ve been fortunate to travel the world thanks to cannabis. From rooftop parties in Tel Aviv and Toronto to underground events in Santiago and Sydney, the memories and stories are enough to...

2y

MG Retailer

Edibles Gobbling Up Shelf Space

CHICAGO – The edibles category is expected to surpass $10 billion in annual sales by 2025, according to new data from Brightfield Group. Cannabis edibles consistently capture the third-largest amount of shelf space, thanks...

2y

MG Retailer

EU Cannabis Industry Poised to Surpass U.S.

The global cannabis market continues to grow at a rapid pace, driven by factors including increased consumer demand for legal marijuana, eased government regulations, new and innovative technologies, a significant shift in...

2y

MG Retailer

Cannabis Marketing Lessons from the Fashion Industry

Mainstream cannabis consumption in the United States surged over the past year, creating a significant shift in how brands and retailers approach the end-to-end customer experience. With consumers becoming savvier and developing...

2y

MG Retailer

Potential Municipal, State Bankruptcy Crisis Could Help End Prohibition

Financial institutions in the United States, including state-chartered banks, are inextricably intertwined with the federal banking system and federal law. Since cannabis is considered a Schedule I drug under the Controlled...

2y

MG Retailer

The Evolving African Cannabis Market

Africa’s population is the fastest growing in the world. In 2019, the continent’s total population was estimated at 1.3 billion. With fifty-four countries, or ten more countries than in all of Europe, Africa comprises...

2y

MG Retailer

Outdoor Cannabis Farms Face an Uncertain Future

There is little dispute the modern cannabis industry was born in Humboldt County, California. There is much dispute, however, about what the future holds for small cannabis farms in Humboldt County and for sungrown cannabis...

2y

MG Retailer

Farmers Embrace Sustainable Cannabis Cultivation

Sustainable cannabis cultivation is one of the most complex, charged issues facing today’s industry. As the market continues to mature, companies need to consider the significant environmental impact and massive carbon...

2y

MG Retailer

Opinion: Cannabis Environmental Impact Needs Improvement

California is home to the largest cannabis market in the United States, yet the growing side of the industry remains non-compliant. The problem is not only with the enormous illicit trade, but also with the state’s “provisional”...

3y

MG Retailer