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The 144-page report, compiled by the Cannabis Regulation Oversight Office (CROO), incorporates data from several state departments. This article focuses on the Department of Financial & Professional Regulation (IDFPR) portion of the report, which touts FY2024 as “a year of explosive growth in the cannabis industry” in Illinois.
By Oliver Bennett, Special Contributor to New Frontier Data. They have attracted tourism, leading to Barcelona’s being dubbed “ the new Amsterdam ”; with a lounge bar aesthetic, they offer a more hospitable ambience than the iconic coffeeshops of the Netherlands, with a social element missing from the typical retail dispensaries of the U.S.
Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. That, coupled with various limitations imposed by the coronavirus, means dispensaries may have a limited selection of products when they first open.
Subjects were asked to buy their own weed at a state-licensed dispensary and use it in the comfort of their own homes. View original article. The post High-Potency THC Concentrates Are Just As Safe As Regular-Potency Weed, More Data Shows appeared first on SpeedWeed.
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. View original article.
Big data and technology have become critical to a wide variety of industries in recent years, and the cannabis industry is no exception. Through advanced data collection and the application of sophisticated algorithms, usable data is now available to help marijuana businesses: Predict trends. Met consumer demands. Reduce costs.
Rhode Island announced this week that the state Department of Business Regulation will begin accepting applications Friday from businesses hoping to win a license to operate one of six additional medical marijuana dispensaries. This is big news as there are only 3 dispensaries in the state now. View original article.
As legal cannabis dispensaries have become more common across the United States, many dispensary owners have been searching for solutions to make their businesses more profitable and run more easily. One of the best ways to help your business grow is to upgrade your cannabis payment processing for marijuana dispensaries.
… An association of marijuana testing labs is calling on the state to release unredacted data from Nevada’s seed-to-sale tracking system amid assertions that certain unidentified labs are inflating THC content readings and giving fewer samples a failing grade in an apparent attempt to attract more business. Read full article [link].
Industry insiders say the contraction was expected and is the inevitable result of speculation, increasing competition and market saturation in a state that has no license caps for cultivators, processors and dispensaries. Ed Keating, the chief data officer at Cannabiz Media, said the decline was not a surprise. The entire U.S.
That’s what the data shows from around the country.’. Building on a prior study that analyzed YRBS data from 1993-2017, this updated effort offers an expanded view on the subject by adding in results from 2018 and 2019 as well. Leafly study debunks dispensary myths around crime & teen use. View Zack Ruskin’s articles.
Cannabis dispensaries and retailers must focus on delivering amazing customer experiences to stand out in an increasingly competitive industry. Delivering the best customer experiences is an extremely effective way to ensure your dispensary has a competitive advantage. Something went wrong while submitting the form. Hire Carefully.
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. Available at: www.ncbi.nlm.nih.gov/pmc/articles/PMC7400098/.
The Chief Operating Officer of BioTrackTHC, Moe Afaneh, gave a high-level overview of the company’s seed-to-sale software for state-level data collection. The use of the state’s web-based platform will be mandatory for all registered caregivers, dispensaries, and adult use licensees.
But it’s another nasty little four letters, TCPA , that are – or should be – on the top of mind for every dispensary, delivery service, CRM platform, and private equity holding company. THC, CBD, CBN…the Cannabis industry is quite familiar with acronyms. The Perfect Storm: TCPA + Cannabis Industry Factors.
But risks and concerns about criminal activity and fraud haven’t waned. Experts are cautioning companies to shore up their security practices and for consumers to be mindful of opportunities that seem too good to be true.
Featured in the journal Cannabis and Cannabinoid Research , the guidelines were compiled after researchers perused scientific databases for peer-reviewed English articles on cannabis and pain. The team peered into the findings of numerous articles published between 2001 and 2019.
Based on the data from the study, the breakdown of why U.S. When you put those findings together with data from High Yield Insights’ recent report , The CBD Consumer Experience (parts I and II), it’s much easier to understand what consumers want from CBD brands based on the 4 Ps of marketing: product, price, place, and promotion.
A study of data from across the country has found no evidence that the legalization of medical cannabis and the establishment of dispensaries encourages marijuana use by young people. View original article. Lower Cannabis Use Among 9th Graders.
In early February, the West Virginia Office of Medical Cannabis (OMC) announced the successful applicants to receive a medical cannabis dispensary permit. RELATED: Medical Cannabis Dispensary Permits Announced in West Virginia. and West Virginia-based medical cannabis dispensary Harvest Care Medical.
Weekly t hey do not compile that data. . Read the full article at [link]. We reached out to the state to ask if they keep an eye on how the policies being developed in Sacramento are impacting public safety across the state; the BCC told L.A.
Part of the reason for this explosive growth is that many of those who left their jobs in retail and restaurants during the “Great Resignation” are flocking to dispensaries for better benefits and opportunities. In just the last year alone, the industry grew by 33% and now employs up to 428,000 American workers.
A comprehensive review published in JAMA Oncology examined clinical data and case reports on cannabis as an anticancer agent. Believe it or not, many cancer patients in Miami have been clearing the shelves to not only relieve cancer pain , but also for the hope that RSO can help them with the cancer itself.
As of December 2020, 192 dispensary licenses were issued, as well as licenses for 86 manufacturing and 60 cultivation facilities. However, as of December 2020, only 17 dispensaries, one manufacturer and 10 cultivation facilities had completed a DHSS Commencement Inspection and been given the final approval to operate.
The researchers used obesity data in Washington State between 2002-2018 because it is one of the first states to have legalized recreational or adult-use cannabis. Their research shows that “the opening of recreational marijuana dispensaries led to decreases in obesity rates relative to a counterfactually constructed Washington State.”.
Ganjapreneur report… Sixteen months after legalization, just nine of California’s 627 retail cannabis dispensaries are actively using a seed-to-sale tracking system – along with only 93 of more than 1,000 manufacturers and 254 of the nearly 4,000 licensed cultivators, according to an Associated Press review of state data.
Cannabis Business Times and Cannabis Dispensary have launched the Best Cannabis Companies To Work For—2022. The awards program will identify and recognize the best employers in cannabis cultivation and dispensary markets, continuing the recognition the media brands debuted two years ago. View original article. or Canada. •
Cannabis Business Times and Cannabis Dispensary have launched the Best Cannabis Companies To Work For—2022. The awards program will identify and recognize the best employers in cannabis cultivation and dispensary markets, continuing the recognition the media brands debuted two years ago. View original article. or Canada. •
. “That means folks who drive trucks have to abstain from marijuana entirely — as they can expect random tests every year or so, per the new federal clearinghouse rules,” the article states. The post Trucking Industry Drug Testing May Keep Drivers From Legally Using Cannabis appeared first on Dispensaries.
Number of dispensaries, manufacturers, cultivators, and testing labs allowed. The data is compiled by NCIA’s employees and comes from sources like BDS Analytics and Arcview Market Research – two recognized companies in the cannabis industry. If state licensed dispensaries are allowed. View original article.
FFD GA Holdings (Fine Fettle Dispensary)Theratrue Georgia LLC, Natures GA LLC and Treevana Remedy Inc. Ed Keating is a co-founder of Cannabiz Media and oversees the company’s data research and government relations efforts. View original article.
In the realm of Cannabis M&A activity, Curaleaf’s purchase of the three Arrow Alternative Care (AAC) Dispensaries in Connecticut will not land on any league table or leaderboard for size of deal or industry impact. Deal size aside, we wanted to share what we look at on the data side when a public company or MSO announces a deal.
million as of March 12, according to data compiled by the state. As of March 12, the following types of medical marijuana businesses were in operation in Missouri: 60 dispensaries. View original article. Missouri’s MMJ program launched in mid-October 2020 , but cumulative sales had reached only $19.8 17 cultivators.
Fire & Flower, a network of 79 retail dispensaries in Canada and the developer of the Hifyre technology platform, has signed a licensing agreement with American Acres that will bring the brand to the U.S. consumers and providing American Acres with a digital-forward data platform. in the first half of this year.
Fire & Flower, a network of 79 retail dispensaries in Canada and the developer of the Hifyre technology platform, has signed a licensing agreement with American Acres that will bring the brand to the U.S. consumers and providing American Acres with a digital-forward data platform. in the first half of this year.
The following year, Colorado and Washington became the first two states to permit recreational use: It is now perfectly legal in both places to shamble into a dispensary, plunk down a stack of crinkly bills, and purchase a bag of high-grade weed for no loftier purpose than to get high. Those studies have to be done.”. Source: [link].
student of public policy , and my colleagues and I studied data from marijuana users in Oregon. Connecting dispensaries electronically and making the purchasing cards computer-readable to keep track of marijuana sales could help cut down on this practice. So we did. I’m a Ph.D. Source: [link].
Whenever we enter a new market—we’re big data guys, so we always want to know all of the analytical data that we can have around the population, the consumption habits, the preferences and products. That’s a little tricky in some of these newer markets, because the data just doesn’t exist. 15 and 16 for us.
In total, permits/endorsements will be accepted for up to five cultivation facilities, 15 dispensaries and four vertically integrated operators (including one cultivation endorsement, one manufacturing endorsement, and one dispensary endorsement). Applications for dispensaries are due August 21 at 3 p.m. Criterion 5.
If Florida plans to increase its medical marijuana program through new legislative policies and marijuana dispensary standardized procedures, how exactly do we attempt to accomplish this? DISPENSARIES . These state-licensed cannabis companies are called “ dispensaries.” Medical Marijuana Dispensaries in Florida.
billion, a 29% increase over 2019, according to the report published by BDSA, a cannabis sales data platform. View original article. Most of the sales growth came from adult-use markets, especially mature markets like Colorado, which grew sales by 26% to reach $2.2 billion, and Oregon, which saw sales hit $1.1 Read more at Forbes ].
But aside from these go-tos, we dug into the data to see what other strains the good people of the Bay State like to smoke. The next time you swing by the dispensary, ask your budtender about these popular strains in Massachusetts. View Cassidy Rush’s articles. View original article. David Downs/Leafly).
The big story this week has been the legal fallout and ongoing turmoil in Illinois, where several lawsuits target Illinois’ licensing process to award 185 new cannabis dispensary licenses. “A federal court has overturned Maine’s requirement that all medical cannabis dispensaries must be owned by Maine residents.”
Urban Greenhouse Dispensary. Text and data rates may apply, please see your phone carrier for more details. View original article. Courtesy of Harvest. Arizona Natural Selections of Mesa. Arizona Natural Selections of Peoria. Arizona Natural Selections of Scottsdale. Courtesy of Harvest. The latest in Strains & products.
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