Following up on our recent overview of Q3 licensing, we now delve into the cultivation licenses issued in the third quarter of 2024. These snapshots derived from our Cannabiz Business Intelligence platform show where new licenses are being created and the total number of licenses and facilities in the US.
November 26, 2024
Q3 2024 saw significant growth in cannabis dispensary and retailer licensing, with 535 new licenses issued—a jump from Q2’s 456. Key players like New York, Ohio, Michigan, New Jersey, and Puerto Rico accounted for 73% of these new licenses.
November 15, 2024
We are three quarters of the way through 2024 and 2,211 new licenses were issued in Q3. This was the strongest quarter of the year and was given a boost from new licenses in Ohio and New York.
November 1, 2024
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In this episode of the Cannacurio Podcast, Ed Keating sits down with Nohtal Partansky, CEO of Sorting Robotics, to explore how automation is transforming the cannabis industry. Nohtal shares the story of his evolution from working with NASA, to developing cutting-edge robotic systems designed to streamline cannabis production.
October 25, 2024
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Discover insights from Joseph Lustberg, Managing Partner at Upwise Capital, on cannabis financing in Cannacurio Podcast #68. Learn how Upwise navigates industry challenges, secures capital for startups, and supports cannabis businesses with innovative financial solutions.
September 26, 2024
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Discover the global expansion and regulatory challenges in the cannabinoid industry with Bret Worley, CEO of MC Nutraceuticals, on this episode of the Cannacurio Podcast. Gain insights into compliance, lobbying efforts, and the future of the cannabinoid market.
September 6, 2024
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On this episode of the Cannacurio podcast, host Ed Keating interviews Brett Puffenbarger. Discover his unique journey to the cannabis industry, the power of radical transparency, and insights on the ever-evolving cannabis industry.
August 20, 2024
In the last of our Q2 license recaps, we turn to manufacturing, the least volatile of the three activities we cover in these quarterly posts - cannabis manufacturing licenses are issued at a slower pace than cultivation or retail licenses but, unlike license assets, these brands can cross state lines and help well-established companies thrive and build market share.
August 13, 2024
Now that Q2 has wrapped up we want to share our quarterly round-up of which states issued the most dispensary/retailer licenses and get a sense of the number of stores in the US.
August 2, 2024
Following up on our recent overview of Q2 licensing, we now delve into the Q2 2024 cultivation licenses. These “census” snapshots derived from our Cannabiz Business Intelligence platform show where new licenses are being created.
July 30, 2024
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On this episode of the Cannacurio podcast, host Ed Keating interviews Guillermo Rodriguez, a Virtual CFO specializing in the cannabis industry. They discuss various topics including the roles and benefits of a Virtual CFO, the challenges of managing cash flow, the impact of 280E, and so much more!
July 23, 2024
We are past the midpoint of 2024 and it is time to review which states have added and dropped licenses in the second quarter. In our Q1 review, we highlighted the states that were accelerating their rollouts or trying to add an adult use program to a medical one. However, in Q2 we were inundated with programs in turmoil...
July 19, 2024
To some fanfare, Ohio pushed up their timeline for adult use cannabis to be made available in the state. Instead of a September 7th launch, the regulators approved 60 licenses soon after the window opened on June 7th. Some outlets reported that 62 licenses were issued but upon closer inspection, two had the same address as the regulator in downtown Cleveland and were labeled TEST. Best to ignore those. This post gives a breakdown on license types issued.
June 25, 2024
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On this episode of the Cannacurio podcast, host Ed Keating interviews Kevin Brooks, the CEO of Conception Nurseries, the world's largest cannabis plant provider. They discuss his transition from Silicon Valley to the cannabis industry, how they are revolutionizing the cannabis industry with their innovative tissue culture techniques, and so much more!
June 7, 2024
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On this episode of the Cannacurio Podcast, Ed Keating chats with Shahbaaz Kara-Virani, Principal at SKVentures. They dive into Shahbaaz's unique career journey from Salesforce to the cannabis industry and discuss the key challenges and trends in cannabis business operations and technology. Learn about the importance of actionable data, the evolving cannabis tech stack, and how to navigate the fast-paced cannabis market.
May 31, 2024
2023 was a unique year for cannabis licensing. The industry contraction continued with license counts dropping, fewer new licenses being issued, and Oklahoma’s moratorium finally took effect. This post will explore how things changed during the first quarter of 2024 and what the next few quarters may bring.
May 23, 2024
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On this episode of the Cannacurio Podcast, Ed Keating chats with Patricia Rosi, Chief Marketing and Strategy Officer at Acreage Holdings. Their conversation touches on the evolution of cannabis brands, operational excellence, and the impact of federal policy changes. Tune in to learn about the key factors driving growth and innovation in the cannabis sector.
May 17, 2024
In the last of our Q1 license recaps, we turn to manufacturing, the least volatile of the three activities we cover in these quarterly posts - and as we see with other activities, most new licenses were issued by a handful of states.
May 16, 2024
Following up on our recent review of dispensaries and retailers, we now delve into the Q1 2024 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.
May 10, 2024
Now that Q1 has wrapped up we want to share our quarterly round-up of which states issued the most dispensary/retailer licenses. We tallied 333 new dispensary/retailer licenses were issued in the quarter and New Jersey and Michigan each accounted for about 20% of the 333. In Q1 2023 there were 699 licenses issued.
April 30, 2024
