Author: Solomon Israel

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Election underscores voter shift in favor of marijuana legalization

An analysis of votes cast for marijuana ballot measures in 2020 shows that while voters remain divided over legalization based on political affiliation and geography, the overall electorate has shifted in favor of accepting both medical and adult-use c…

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Colorado summer cannabis sales thrive despite collapse of state’s tourism industry

Sales of recreational marijuana in Colorado continued to climb during the summer months, even while tourism revenue tumbled more than 50% because of the coronavirus pandemic. The state has lost more than $8 billion in tourism spending since March, acco…

Posted on Author Andrew Long Comments Off on Colorado summer cannabis sales thrive despite collapse of state’s tourism industry
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Getting to know the five new cannabis markets that voters have legalized

The legalization ballot measures that voters approved on Election Day will open new cannabis markets in five U.S. states that have a combined population of about 21.2 million people.
Getting to know the five new cannabis markets that voters have legali…

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Polls suggest good chance of success for state cannabis ballot measures

The outlook for marijuana legalization efforts in five states looks positive as voters head to the polls Tuesday, closing out an unusual election season that produced unprecedented early voting and record-setting turnout.
Polls suggest good chance of s…

Posted on Author Andrew Long Comments Off on Polls suggest good chance of success for state cannabis ballot measures
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Marijuana legalization proponents outraising opponents 36-to-1 in 2020

Financial support for marijuana legalization, both medical and recreational, has grown significantly in 2020 compared to 2016. Proponents of state ballot measures have outraised opponents this election season by almost 36-to-1, a massive increase from …

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Recreational cannabis brand and product expansion slow in US markets

Marijuana companies are slowing the rollout of new brands and products in what might be the latest sign of market maturity in early states that legalized adult-use sales. This is good news for established cannabis brands as competition for shelf space …

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Pabst’s entry into cannabis-infused drinks might untap interest in the category

The appearance of Pabst Blue Ribbon’s iconic blue logo on cannabis-infused beverage packaging might be a sign that the beverage category, which often struggles for market share, is poised for speedy growth in North America and perhaps beyond. PBR…

Posted on Author Andrew Long Comments Off on Pabst’s entry into cannabis-infused drinks might untap interest in the category
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Even with state’s small population, adult-use marijuana sales could boom in Montana

A recreational cannabis market in Montana could generate sales of more than $200 million in its first year of operation in 2022, according to a new study from the University of Montana’s Bureau of Business and Economic Research. The first barrier, howe…

Posted on Author Andrew Long Comments Off on Even with state’s small population, adult-use marijuana sales could boom in Montana
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New recreational cannabis markets are seeing quicker starts to sales

As public opinion changes and state regulators learn from those who have gone before them, the time it takes from the approval of medical marijuana by voters or lawmakers to the first recreational sales in a market is getting shorter. That could bode w…