Following up on our recent review of dispensaries and retailers, we now delve into cultivation licenses. These “census” snapshots derived from our Cannabiz Business Intelligence platform show where new licenses are being created. 9% fewer cultivation licenses were issued in Q2 versus Q1 and Oklahoma’s numbers dropped drastically as the moratorium took effect.
August 2, 2023
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On this Cannacurio episode, Ed and David Friedman of Panther Capital discuss his background in finance and how he entered the cannabis space, all things mergers and acquisitions in the software space, trends that we should be looking out for, and so much more!
July 26, 2023
With Q2 2023 in the books we want to share our quarterly round-up of states that issued dispensary/retailer licenses. We ended 2022 with 2,750 licenses, with Q1 2023 adding 699. Q2 saw the addition of 587 – 16% fewer than the preceding quarter.
July 24, 2023
We recently researched the cost to purchase a cannabis store in Cannacurio #75 and found that prices varied greatly by year and state – as well as the purchaser’s overall strategy. Soon after we shared that analysis, Terrascend purchased two different dispensaries – one for $22 million and one for $6.75 million. This begged the question as to whether these purchases were exceptional by Maryland standards.
July 5, 2023
For this Cannacurio analysis we wanted to explore the prices paid for retailers and dispensaries. To do this we researched the 600+ M&A transactions we have compiled in our Cannabiz Business Intelligence offering and removed any stores that were part of a deal where other license types were also sold. That left 170 stores sold in sixteen states. We included both closed and announced deals but ignored those deals that were cancelled.
June 27, 2023
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On this Cannacurio episode, Ed and Kaliko discuss how he became a full time cannabis activist, all things MCBA and the objectives behind the association, a deep dive on social equity programs from regulators, and so much more!
June 19, 2023
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On this Cannacurio episode, Cannabiz Media’s Chief Data Officer, Ed Keating, does a recap of the new store, cultivation, and manufacturing licensing activity & leaderboards by state between January-March 2023. He also discusses what the heck is going on with Oklahoma.
May 19, 2023
Over the last few weeks, we have reviewed the new store, cultivation, and manufacturing licenses issued in Q1 2023. In this post, we will highlight the overall trends and spotlight the changes occurring in Oklahoma as the moratorium finally took effect. We have included April 2023 data for Oklahoma to show the continuing impact.
May 15, 2023
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Michael Piermont, President & CRO of Leaf Trade, joins Ed Keating on the Cannacurio Podcast to discuss how Leaf Trade is leading the wholesale cannabis marketplace and digital payment infrastructure within the cannabis industry, the merger with Sweed, the state of the current market, and more!
May 4, 2023
Manufacturing licenses are the least prone to cyclical swings in terms of issuance. There are currently just over 6,200 manufacturing licenses in the Cannabiz Media License Database at 5,800 facilities. Cannabiz Media categorizes a license as a manufacturer if it fits the following description: License is for the processing (manufacturing) of marijuana-infused products, such as edibles or concentrates, but does not include cultivation or retail sale to customers.
May 3, 2023
Following up on our recent review of dispensaries and retailers, we now delve into cultivation licenses. These “census” snapshots, derived from our Cannabiz Business Intelligence platform, show where new licenses are being created. As a result of moratoriums and market pressures, the rate of adding new cultivation licenses is down in most jurisdictions.
April 25, 2023
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LuvBuds CEO and Founder, Brett Harris, joins Ed Keating on the Cannacurio podcast to talk about the start of the company, how the retail space is evolving, what makes LuvBuds stand apart, and more!
April 20, 2023
Now that Q1 has wrapped up, we want to share our quarterly round-up of which states issued the most dispensary/retailer licenses. Our 2022 recap showed that 2,750 licenses were issued, and four states accounted for 66% of the newly issued licenses in 2022. The first quarter of 2023 shows Oklahoma responsible for 47% of the 699 new licenses nationwide – despite their license “moratorium”.
April 18, 2023
Any observer of cannabis licensing is familiar with the primary categories of licenses: Cultivation, Manufacturing and Dispensing/Retail. At Cannabiz Media, we strive to cover the entire value chain including testing, distribution, research, and more recently, event and consumption licenses. This article highlights the Waste license – a rare activity that is required in Oklahoma, Mississippi, and Maryland.
March 31, 2023
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Cova Software CEO, Gary Cohen, joins Ed Keating on the Cannacurio podcast to talk about the start of Cova Software, what's going on in the cannabis industry today and what the future holds.
March 14, 2023
The Cannabiz Media Business Intelligence product showcases data through a series of dashboards which now numbers over 30. One of the most unique data sets covers Real Estate Investment Trusts, which have played an outsized role in the cannabis industry. The analysis in this article focuses on which companies have relied on these transactions, where transactions occurred, and which REITs did the deals.
March 7, 2023
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Cannabiz Media’s Chief Data Officer, Ed Keating, does a recap of the 2022 Licensing Leaderboards and shows you what we've seen in looking back at all the licenses that were issued.
February 23, 2023
Major turmoil has occurred across the top of Cannabiz Media’s Point of Sale Leaderboard including a board coup, company sale and an industry exit. The impacted firms, by our estimate, control 50% of the point of sale market.
February 14, 2023
After sharing the trends of the new licenses issued in 2022 – we wanted to review new licenses issued by region and activity. For example, what are the ratios of licenses issued for cultivation, manufacturing, and dispensing/retail across different regions? How big is the Northeast really in terms of new licenses?
February 13, 2023
Wells Fargo Equity Research has released the Cannabis Cultivator Survey Edition 2 report based on data collected with Cannabiz Media in Fall 2022 through one of the most comprehensive outreach programs to cannabis cultivators. The second edition of the survey report includes new and updated data from cannabis cultivators in seven key states as well as comparisons to data reported in the Cannabis Cultivator Survey Edition 1 that was collected during Spring 2022.
February 7, 2023
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