This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Adult-use retail cannabis access is associated with a decline in the sales of over-the-counter (OTC) sleep aid medications, according to data published in the journal Complimentary Therapies in Medicine. ” Authors reported that the negative associations were driven by reduced sales of diphenhydramine (e.g.,
Adults who purchase retail cannabis typically report using it to mitigate pain and to improve sleep, and often use it in place of conventional medications, according to data published online today in the Journal of Psychoactive Drugs.
A majority of Americans agree with states’ decisions to classify licensed medical cannabis facilities as “essential services” to the community – a designation that permits them to maintain retail operations during regional ‘stay-at-home’ orders.
There is an absence of clinical data supporting the efficacy of CBD as an antiviral agent, according to a systematic literature review published in the journal Cannabis and Cannabinoid Research. However, this data was based solely on preclinical findings.
The self-reported use of marijuana by teenagers continues to decline nationally, according to federal data reported by the United States Substance Abuse and Mental Health Services Administration (SAMHSA). The agency’s 2018 report finds that past-year marijuana use by those ages 12 to 17 has fallen consistently since 2002, from 15.8
. “These regulations should include age restrictions, prohibitions on the unlicensed commercial production or retail sale of the plant and rational limits with regard to product marketing.” Since 2012, when Colorado and Washington became the first states to regulate adult-use access, past-year youth use has fallen eight percent.
Patients purchased an estimated $112 million worth of medical cannabis-related products in 2019, according to newly released Maine tax data. Although the state’s medical cannabis access program has been operational for some two decades, Maine officials only began tracking caregiver-related tax revenue in February of 2019.
When you walk into a hardware store, pharmacy, or even a liquor store, if you don’t know exactly what product will meet your needs there’s someone educated enough to point you to the right product and the data to back up that recommendation, says Tyler Dautrich, COO of Releaf. Edited and mixed by Michael Schaeffer Omer-Man.
Thousands of state-licensed and regulated businesses lack access to the banking industry and are unable to accept credit cards, deposit revenues, or write checks to meet payroll or pay taxes because federal law discourages financial institutions from engaging in such partnerships.
Currently, thousands of state-licensed and regulated businesses lack access to the banking industry and are unable to accept credit cards, deposit revenues, or write checks to meet payroll or pay taxes because federal law discourages financial institutions from engaging in such partnerships.
This data helps Californians understand the work we have ahead of us in realizing the promises of cannabis legalization, including supporting access to a safe, legal, and equitable cannabis market across the state and combating the unregulated, illicit market”. The data tool can be found on the DCC website here: [link].
Apple customers can now place orders from licensed retailers directly within the Weedmaps iOS app. This new feature not only allows Weedmaps customers to browse and discover cannabis products and deals in their area, but it also allows for orders to be submitted directly with licensed retailers via a single, seamless in-app experience.
Inflation and Canna-Businesses Despite featuring retail prices that often range from affordable to flat-out expensive, business is still booming for many dispensaries, both medical and recreational, along with plenty of multi-state operators (MSOs). Staying in compliance means avoiding heavy fines and possible revocation of licenses.
High Tide gains access to DankStop’s more than 200,000 email subscribers and further bolsters its online presence by gaining access to DankStop’s almost 335,000 Instagram followers. DankStop is a leading online consumption accessories retailer. million associated with DankStop. ABOUT HIGH TIDE.
A recent peer-reviewed article published in the Journal of Drug Issues sought to provide quantitative data on the spillover effect , a term used to describe the influence of legalized marijuana on neighboring states. This data suggests a buffering effect of legalization on crime in neighboring areas, rather than a crime-inducing effect.
While patients won’t be rolling up joints full of pungent flower, they can still access oils, tinctures, lozenges, inhalers, topicals, and pills packed with non-intoxicating CBD or THC-A, the acidic precursor of THC. Eventually, patients will use this certificate to access Virginia’s medical dispensaries.
HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. Accessed July 25, 2021. Accessed October 17, 2022.
Assessment of Recreational Cannabis Dispensaries’ Compliance With Underage Access and Marketing Restrictions in California. The increasing availability of cannabis to adults through legalization of recreational cannabis dispensaries (RCDs) raises concerns regarding underage access and exposure to products and marketing. JAMA Pediatr.
The number of marijuana-related arrests and summonses plummeted in New York City in the first quarter since the state’s legalization law took effect, data released by NYPD shows. The state has yet to launch retail sales of recreational cannabis, creating an access barrier. Marijuana Moment reports. Read full report [link].
1-2019: Cannabis Consumer Retail Engagement. New Frontier Data’s Consumer Insight Series: Cannabis Consumer Retail Engagement , explores consumer purchasing habits and what influences them. New Frontier Data has identified five forces changing the consumer landscape: Expanding legal access.
La Jolla, CA: The establishment of licensed cannabis retailers is not independently associated with an increase in traffic crashes, according to data published in the journal Health Economics. In this case, the net effect of expanding access to marijuana on traffic crashes could be quite small.
The service breaks down existing barriers for patients by providing convenient access to a broader range of options through a single source, alongside expert advice and counsel from trusted healthcare professionals. About Shoppers Drug Mart: Shoppers Drug Mart is one of the most recognized and trusted names in Canadian retailing.
On April 19, 2021, construction began on three buildings, one retail and two industrial, totaling approximately 63,000 square feet. According to a New Frontier Data Report, the overall legal cannabis industry in America is valued at roughly $13.2 Goodblend expects to complete the project near the beginning of next year.
So far this year, 14 states have added a total of 276 new dispensaries/retailers. Marijuana Business Daily had a great article recently (citing our data) with insights from a local license holder who pointed out, “ You have to fill that store with product, pay rent or mortgage, hire employees. Read on for more details.
On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7
New data published in the Journal of Cannabis Research claims that almost one in two authorized medical cannabis patients in Canada managed to either completely stop or reduce their intake of controlled substances, such as alcohol and opioids , by using cannabis. As of 2020, the market was worth CAD $2.6 billion (USD $2 billion).
High Tide gains access to Daily High Club’s over 15,000 subscription box members who are ideal customers for High Tide to potentially launch cannabis subscription boxes in the event of U.S. 1 As of June 21st, 2021, based on analytics data provided by Alexa Internet, Inc. Traffic data provided by Google Analytics.
New data on the cannabis sales in Ontario’s legal cannabis market showed that the majority of cannabis purchases between July and September 2021 were from legal retailers. of “the pot purchases made in the province between July and September were linked to legal retailers.” The Rise of Ontario’s Legal Cannabis Industry.
Consumer Engagement and Retail Attribution. Our NXTecK™ platform is introducing scalable, aggregated, and normalized consumer data with an attribution model, so you know exactly where and how to focus your multi-channel strategies and achieve your digital marketing goals. Free Access to Equio ®. What is Coming in 2022?
Oklahoma still retails the lead and has accounted for 249 of the 667 (37%). Oklahoma continues to be the hotspot for dispensaries in the United States and accounts for for almost 25% of the nation’s dispensaries/retailers. The post Cannacurio: Dispensary & Retailer Leaderboard (2020 Midyear Update) appeared first on SpeedWeed.
BRAMPTON, Ontario–(BUSINESS WIRE)–DATA Communications Management Corp. Instructions on how to access both the webcast and telephone call are available below. DCM will be using Microsoft Teams to broadcast our Q2 Quarterly Call which will be accessible via the options below: Join on your computer or mobile app.
Silo Wellness is also the first global psychedelics company to access the nationwide network of a large-scale distributor to reach consumers across the U.K. at mainstream retail stores. over the next eight years, according to Data Bridge Market Research. of Marley One products. billion by 2027, growing at a CAGR of 16.3%
You can access the report here. Data Snapshot: Cannabis Consumer Spending and Trends: James Ahrendt , Business Intelligence Architect, Akerna. Using connected data and information to propel the cannabis industry forward, Akerna empowers businesses, governments, patients, and consumers to make smart decisions. About MJ Freeway.
Bookkeep Solutions Eliminate Manual Data Entry, Deliver More Accurate Financial Reporting, and Address the Challenges Created by New Payment Methods and Sales Channels. With these three new integrations we are able to serve more retailers who rely on digital channels and payments to grow their business.”.
The service breaks down existing barriers for patients by providing convenient access to a broader range of options through a single source, alongside expert advice and counsel from trusted healthcare professionals. About Shoppers Drug Mart: Shoppers Drug Mart is one of the most recognized and trusted names in Canadian retailing.
This legislation provides important updates to our state’s medical marijuana program to ensure that patients have improved access to medication.”. With an adequate supply, there are 125 medical cannabis dispensaries in Pennsylvania with product available as of June 30, according to data from the Pennsylvania Department of Health.
(“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, has released its first data and insights report, titled ‘Cannabis in America’. According to Weedmaps’ orders data, orders in H1 2021 increased by 55%, compared to H1 2020.
Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play. According to data from the Missouri Department of Health and Senior Services, there are 192 licensed dispensaries in the state.
The Company is focused on providing retail investors with exposure to a portfolio of diverse private companies in the psychedelics sector that they would otherwise be unable to participate in the growth of. Data Bridge Market Research estimates that the psychedelics industry will grow to $6.9 billion by 2027. -##-.
Emerald Sky Expands Reach Through Nabis’ Large Network and Forecasting Data. Emerald Sky joins Nabis’ growing portfolio of over 125 California cannabis brands utilizing its online marketplace, rapid delivery services and available market data. OAKLAND, Calif.–(BUSINESS Lee, Co-CEO and Co-Founder of Nabis. About Nabis.
Other cybercrimes include data breaches, where hackers obtain sensitive information by breaching a company’s secured files and then use that information for identiy theft, blackmail, or to commit other crimes. Marijuana businesses generally have a lack of access to traditional financial services and therefore deal with a lot of cash.
LOS ANGELES–(BUSINESS WIRE)–Jan 9, 2020– Oasis Intelligence officially launched today, offering brand marketers in the cannabis and hemp industry, as well as related sectors, a much needed tool: unprecedented access to consumer insights at scale. Simple access to cannabis is the initial driver of sales.
The vote came after a roughly 1 1/2 -hour hearing where the council heard primarily from proponents of the ban who argued that the adverse social effects of making the drug easier to access would outstrip any revenue generated from its sale. Quiring unsuccessfully attempted to amend the ordinance to require retailers to close at 8 p.m.
And because cannabis is still illegal on the federal level, producers and retailers can’t import it from states like California or Oregon. There still isn’t enough energy use data available from Midwest cultivation facilities to help determine average load profiles.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content