Topicals are a sliver of the overall cannabis market, but around Valentine’s Day, when many couples try to spice up their sex lives, the product category rides Cupid’s arrow to higher sales. Edibles and beverages enjoy increased sales, too, accor…
Colorado Medical Cannabis Business & Marijuana Legal News
Credit union innovator to head new cannabis bank
Cannabis banking-compliance innovator Sundie Seefried is transitioning from her broader role as CEO of a Colorado credit union to a sole focus on cannabis issues. Seefried is stepping down from her longtime position as chief executive of Partner Colora…
Colorado awards first adult-use cannabis delivery license
Colorado issued its first adult-use cannabis delivery permit, reflecting a continuing nationwide trend to allow home delivery in the wake of the coronavirus pandemic. High Country Supply, doing business as Colorado Harvest Co., received the first adult…
Colorado’s total marijuana sales near $10 billion, buoyed by record 2020
Colorado’s total marijuana sales reached nearly $10 billion since legal sales began in 2014.
Colorado’s total marijuana sales near $10 billion, buoyed by record 2020 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness n…
Marijuana concentrate sales up 40% as more consumers turn to the product category
Cannabis concentrates are gaining a larger share of the overall market and increasing in price as consumers become more comfortable with the intricate process of dabbing and technology makes consumption of the products easier.
Marijuana concentrate sal…
Marijuana vape market share down as manufacturers work to rebuild consumer confidence
The cannabis vapor pen market sector has lost market share and not grown as fast as the rest of the total marijuana market, despite vape companies redoubling efforts to ensure consumers of the safety of the products on the legal market.
Marijuana vape …
Premium flower demand drives Colorado wholesale marijuana prices to nearly five-year highs
Wholesale marijuana flower prices in Colorado are climbing in part because of the increased demand from the coronavirus pandemic as well as premium flower brands commanding more of the market.
Premium flower demand drives Colorado wholesale marijuana p…
Keegan Peterson, founder/CEO of marijuana tech firm Wurk, dies at 33
Marijuana industry executive Keegan Peterson, who founded Denver HR tech company Wurk, has died at 33.
Keegan Peterson, founder/CEO of marijuana tech firm Wurk, dies at 33 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness n…
Have cannabis residency requirements worn out their welcome?
Montana voters passed a recreational marijuana initiative on Election Day that will require licensed operators to be state residents, as is now the case with its medical marijuana program.
Have cannabis residency requirements worn out their welcome? is…
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…