Washington State Medical Cannabis Business & Marijuana Legal News

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Marijuana foes seek to impose THC potency caps to curb industry’s growth

Marijuana opponents, frustrated by the growing number of legalization victories across the U.S., are increasingly trying to rein in the industry by proposing state-level caps on THC potency. The push involves at least six bills introduced in four state…

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Adult-use marijuana basket composition highlights consumer buying trends in 2020

Many adult-use marijuana shoppers would rather stick with one type of product, such as flower or vape pens, when at the store than bring home a variety of cannabis goods, according to an analysis of customer basket compositions from 2020. Understanding…

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Marijuana consumers return to pre-pandemic shopping hours, favoring evenings versus the daytime

As the COVID-19 pandemic disrupted work, school and life schedules, it also caused marijuana buyers to change when they shopped, shifting from the evening hours to the daytime. A year later that pattern is returning to normal, with more shoppers visiti…

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Women’s History Month: Q&A with marijuana industry pioneer Greta Carter

“Everything I dreamt and hoped to have accomplished in this industry has come to fruition. I am truly living the dream.” That’s how marijuana-industry pioneer Greta Carter began a conversation with Marijuana Business Daily for an inte…

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Washington state taps new chair of marijuana regulatory board

Washington state’s cannabis regulatory agency has a new chairman of the board.
Washington state taps new chair of marijuana regulatory board is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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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…

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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…

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Cannabis basket-size data highlights differing consumer spending patterns across state markets

While U.S. cannabis markets might appear similar on the surface, each is driven by different consumer spending habits – and it is critical for marijuana manufacturers and retailers to understand these patterns as they develop and sell products fo…

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Report: Cannabis contributes $2 billion annually to Washington state economy

The legal cannabis industry has grown at a “staggering rate” in Washington and now contributes roughly $2 billion a year to the Pacific Northwest state’s economy, according to a new report from Washington State University. The report,…

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Washington state forms compliance group to assist marijuana businesses

Washington cannabis regulators developed a compliance task force to assistant marijuana businesses in following the state’s laws.
Washington state forms compliance group to assist marijuana businesses is a post from: Marijuana Business Daily: Financial…