Verifying operator legitimacy, leveraging cannabis compliance tools, and enhancing operational efficiency through seamless integrations with verified business intelligence establishes trust, avoids costly mistakes, and safeguards your operations in an industry under increasing scrutiny.
December 16, 2024
The November election is nearly a month away, and, like most recent years, there are implications for cannabis. Unlike the 2022 congressional midterms, which saw adult-use legalization on the ballot in five states, next month the only direct legalization opportunity will be before Ohio voters. Additionally, Virginia’s legislative election and a few special elections to fill Congress (US House) seats could have ramifications for the industry nationwide.
October 6, 2023
Since January, a few new adult-use cannabis programs have rolled out, leading to some of the hottest new markets nationwide. This blog dives into the current program status in Maryland and Missouri and their evolving social equity programs, plus other upcoming opportunities the industry will see in the near future, notably in tribal communities.
September 7, 2023
This groundbreaking event brings together industry pioneers, experts, and enthusiasts to explore the latest developments and opportunities in the evolving cannabis landscape of the New York region.
September 5, 2023
Wells Fargo Equity Research has released the Cannabis Cultivator Survey Edition 3 report based on data collected with Cannabiz Media in Spring 2023 through one of the most comprehensive outreach programs to cannabis cultivators. The third edition of the survey report includes new and updated data from cannabis cultivators in eight key states as well as comparisons to data reported in the Cannabis Cultivator Survey Edition 2 that was collected during Fall 2022 and released in February of this year.
August 4, 2023
Florida was one of the earlier states to legalize medical cannabis, doing so in 2016 through a constitutional amendment. The state’s cannabis market is unique in a variety of ways - being dominated by one company, including an unusual type of social equity cannabis license, and for not yet having expanded to adult-use even after seven years of medical legalization. The decision by Florida governor Ron DeSantis to run for US president has only increased national interest in understanding the state of the Florida cannabis market.
If your cannabis or cannabis-related business isn’t keeping up with industry data trends, then you’ll fall behind. Today, data-driven businesses have the most success because they have access to the information they need to identify opportunities and avoid taking unnecessary risks.
June 13, 2023
Tracking mergers and acquisitions (M&A) in any emerging business ecosystem is always interesting. It allows you to see the madness of early-stage growth markets and the many ups and downs that are experienced before reaching market maturity. The cannabis industry has definitely experienced significant fluctuations in terms of M&A activity, as should be expected in an emerging industry.
The illegal cannabis market continues to thrive – even in states that have legalized adult-use cannabis. As more states work to roll out new cannabis programs this year and others are expected to approve adult-use cannabis, it’s essential to consider what’s happening in the illicit markets within states that have operational adult-use cannabis programs.
May 31, 2023
For businesses in the cannabis industry, the data topic is about more than just using data. It’s about being a data-driven company – one that will actually gain a competitive advantage and win in your market in the future.
May 30, 2023
The CannaVest East Institutional Capital Forum will be held at CWCBExpo on June 1-2, 2023 at the Jacob Javits Convention Center in New York City. CannaVest East is expected to draw hundreds of cannabis industry professionals for two days of education, networking, advocacy, and opportunities.
May 24, 2023
In any industry, if you don’t know what your competitors are doing, your business will operate at a significant disadvantage. The cannabis industry is no different. You must fully understand the competitive landscape at all times so your business thrives rather than simply survives.
May 16, 2023
Whether you’re a cannabis license holder, ancillary business, or aspiring cannabis industry entrepreneur, attending networking events, conferences, and business meetings is critical to your success.
May 12, 2023
As we inch ever so slowly to banking reform, interstate commerce, and federal legalization of cannabis, it’s a perfect time to take a look at the history of cannabis and how far the legal industry has come. In 2023, the legal cannabis industry has grown to generate billions of dollars in annual sales, and it has created hundreds of thousands of jobs across the United States.
May 10, 2023
Artificial intelligence (AI) has gone mainstream with the explosive growth of ChatGPT, and this is just the beginning. AI is officially here to stay and will continue to evolve. That’s great news for business operations in all industries, including cannabis, because artificial intelligence enables companies to streamline operations, reduce costs, and seize opportunities.
May 2, 2023
In April 2023, only 10 states in the United States do not have a regulated program for legalized medical and/or recreational cannabis use and sales. The industry has come a long way in the past six years when Cannabiz Media published the Marijuana Licensing Reference Guide 2017 Edition.
April 21, 2023
Artificial intelligence, predictive analytics, and machine learning are changing the cannabis industry and impacting cannabis sales.
March 10, 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
Across the United States and the world, cannabis markets are operating at very different stages of the market lifecycle – from new to mature, but all businesses operating in and with this industry can benefit from product innovation. A year ago, I write an article about cannabis product innovation in 2022, and now, it’s time to take a look at cannabis product innovation in 2023.
January 31, 2023
If you want to get a cannabis license or money to fund a business working in or with the cannabis industry, then you need a business plan. But not just any plan will do. You need an amazing business plan to stand out in the cannabis industry.
January 12, 2023
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