Arizona might have opened adult-use marijuana sales last week, but the initial round of retail licenses, whether by design or not, leave some of the state’s most populated cities underserved. At the same time, the distribution of licenses has created a…
Author: Solomon Israel
Strong demand drives up Oregon’s wholesale cannabis prices in 2020
Increased consumer demand for cannabis in Oregon helped push wholesale prices in the state out of a three-year slump caused by overproduction. For the first time since 2017, the median price per pound of recreational marijuana sold by cultivators to re…
Are recreational marijuana sales in Illinois underperforming given the state’s large population?
While Illinois topped $1 billion in total cannabis sales in 2020 as consumers scooped up adult-use products, the new recreational marijuana market there might actually be underperforming when considering the state’s large population. Illinois con…
Are recreational marijuana sales in Illinois underperforming given the state’s large population?
While Illinois topped $1 billion in total cannabis sales in 2020 as consumers scooped up adult-use products, the new recreational marijuana market there might actually be underperforming when considering the state’s large population. Illinois con…
Arizona’s medical cannabis program slows as state gears up for recreational sales
As Arizona prepares to launch recreational marijuana sales in March, the state’s medical cannabis program is showing signs of a slowdown, with new patient applications dropping steadily since July. After launching, new recreational markets often …
20 charts that illustrate the 2020 marijuana market
From a market-altering pandemic to a historic election, 2020 was full of unprecedented challenges and opportunities for the marijuana industry. Throughout the year, Marijuana Business Daily shared these stories and provided context with powerful visual…
Oklahoma leads nation in marijuana cultivation licenses issued in 2020
While California is widely touted as the largest legal cannabis market in the world, analysis of cultivation license data from Cannabiz Media shows that Oklahoma narrowly surpassed the West Coast state in issuing commercial growing permits this year. O…
Maine communities support adult-use marijuana businesses, divided on retail
Support for the adult-use marijuana industry in Maine is strong, especially cultivation, despite a divide over allowing retail shops in some municipalities. This comes at a time when cannabis has emerged as Maine’s most valuable crop, overtaking …
Anchorage recreational marijuana sales a bullish indicator of Alaska’s growing market
Recreational marijuana sales in Alaska’s largest city continued to grow in 2020 despite the COVID-19 pandemic, highlighting the resiliency of the state’s adult-use industry even in challenging conditions. Anchorage posted a record $9 millio…
How US House lawmakers voted on the marijuana legalization bill
The U.S. House of Representatives on Friday passed the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act by a margin of 228-164. Here’s a breakdown of how how each lawmaker voted.
How US House lawmakers voted on the marijuana …