Oregon recreational marijuana companies are enjoyable favorable economics not seen in years, with demand outpacing supply spurred by the COVID-19 pandemic and more consumers moving away from the illicit market to the legal one.
Oregon marijuana firms e…
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Transforming the cannabis concentrates market
A decade ago, I was spearheading company growth for Atlas Snowshoes, which had just invented and launched a modern snowshoe.
Transforming the cannabis concentrates market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness ne…
Hexo strikes deal to acquire Zenabis for CA$235M, eyes European cannabis market
Ottawa, Ontario-headquartered cannabis producer Hexo Corp. on Tuesday entered a definitive arrangement agreement to buy struggling competitor Zenabis Global for 235 million Canadian dollars ($185 million) in stock. The proposed acquisition of Vancouver…
Retail prices for recreational marijuana flower rise in response to record demand amid pandemic
The average retail price for smokable recreational marijuana products in four Western states continued to increase throughout the coronavirus pandemic, thanks to record demand. Retail flower prices in California, Colorado, Nevada and Washington state c…
How Canadian retailer Nova Cannabis plans to profit from shift to Value Buds brand
Canadian marijuana retailer Nova Cannabis will bet heavily on a value strategy after combining with a competitor, signaling the continuing importance of low-priced products in the increasingly competitive Canadian adult-use market. After the deal close…
Cannabis topicals make big gains around Valentine’s Day; beverages, edibles see a bump, too
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…
Senate Majority Leader Schumer’s marijuana reform push embraced, but stiff challenges await
Senate Majority Leader Chuck Schumer’s commitment to make federal marijuana reform a priority sent cannabis stocks surging last week and thrilled advocates, but experts caution that high hurdles persist for comprehensive legislation to pass Congress. W…
Prospects for adult-use cannabis legalization loom large in Connecticut
Connecticut’s heavily regulated medical cannabis market is expected to post a respectable 15% increase in sales this year, but it’s the prospect of adult-use legalization and a nearly $750 million market that has multistate operators rubbing their hand…
Mexico’s medical marijuana program offers firms a chance to enter new adult-use industry
Marijuana and hemp companies keen to participate in Mexico’s emerging medical cannabis program should start preparing now, attorney advise, noting it will give businesses a leg up in entering the nation’s adult-use industry once it launches.
MexicoR…
Nevada’s cannabis industry lacks diversity, especially in ownership, survey shows
Nevada’s first official demographic survey of cannabis businesses shows that women and minorities account for a smaller percentage of the local marijuana industry versus their overall representation in the state – especially when it comes t…