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…
Marijuana Dispensary & Cannabis Store News
A new Arizona adult-use cannabis market may offer limited business opportunities
Even if Arizona voters back recreational marijuana legalization on Nov. 3, don’t expect a wide-open cannabis market with lots of new business licenses immediately up for grabs in the Southwest state. That could change over time, depending on the …
Week in Review: Wildfire smoke impact, cannabis market transitions, curbing illicit sales & more
Smoke and ash from the record wildfires in the western U.S. are slowing the growth of outdoor marijuana plants and forcing cultivators to rethink when to harvest their crop. MJBizDaily takeaway: Growers in California, Oregon and Washington state are st…
Product shortages, rising prices hit Arkansas medical marijuana market
A leading Arkansas medical marijuana dispensary says it’s facing a product shortage that can be resolved only by additional cultivation capacity. Dragan Vicentic, owner of Green Springs medical marijuana dispensary in Hot Springs, the leading MMJ…
Ultra Health sues New Mexico over medical marijuana rules
Ultra Health, the largest medical cannabis company in New Mexico, is suing the state over MMJ rules the firm deems too restrictive. According to the Santa Fe New Mexican, the lawsuit claims the state health department’s new rules create obstacles…
Here’s how to get the best ROI in potential new cannabis markets
Would-be entrepreneurs might be eyeballing the marijuana industry in markets poised to launch based on results of the No. 3 election.
But what entry points provide the best return on investment?
Here’s how to get the best ROI in potential new can…
A case study in how to develop a national cannabis flower brand
National cannabis brands are common in several sectors including infused products, vape pens and retail. But the industry has not seen many national flower brands.
A case study in how to develop a national cannabis flower brand is a post from: Marijuan…
Ontario government cannabis prices beating illicit market, report says
Ontario’s government-operated Ontario Cannabis Store (OCS) claims it is undercutting illicit marijuana prices with an average price of 7.05 Canadian dollars ($5.30) per gram of dried flower, taxes included, during its first fiscal quarter. In com…
How marijuana stores attract and keep senior shoppers – even during COVID-19
Cannabis retailers are taking extra steps to attract and retain senior customers at a time when marijuana use is increasing among older Americans. Senior-friendly dispensaries interviewed by Marijuana Business Daily said they have found success by: Bui…
Hawaii gets two more medical marijuana dispensaries
Hawaii’s medical marijuana program is adding two new dispensaries, even though the coronavirus pandemic has slowed the amount of tourists visiting the islands and, thus, participating in the state’s MMJ reciprocity program. The state health…