Did you know that data-driven companies are 58% more likely to exceed their revenue goals than organizations that are not data-driven? That statistic comes from a Forrester Consulting study, and numerous research studies over the past several years have found similar results. Therefore, it’s not surprising that data has become a critical part of the cannabis industry.
June 7, 2022
For the first time, the popular CannaVest conference that connects cannabis companies seeking capital with accredited investors will come to Canada as part of the Lift&Co. Expo, which is Canada’s leading cannabis conference and trade show. The CannaVest North Investment Forum, sponsored by Cannabiz Media, will be held on May 13-14, 2022 at the Metro Toronto Convention Center in Toronto.
April 7, 2022
The value of U.S. hemp production in 2021 reached $824 million according to The U.S. Department of Agriculture’s National Hemp Report. If estimates from the National Industrial Hemp Council are accurate, the value of U.S. hemp production will grow to more than $10 billion by 2025. Based on those numbers, it seems like the future of the hemp industry will be all about skyrocketing growth despite recent oversupply problems and dropping prices.
April 5, 2022
International cannabis markets are expanding and adult-use legalization is getting closer in many countries, particularly in Europe. Let’s take a closer look at some of the big cannabis markets around the world – beyond the United States and Canada – to watch in 2022.
February 22, 2022
All signs point to continued growth in the United States cannabis industry during 2022, specifically, in states where adult-use markets could open. Growth is expected to come despite the challenges businesses already operating in the legal cannabis industry are facing, including high taxes, compliance obstacles, regulatory problems, and the black market.
February 15, 2022
Regulators in New Jersey are accepting cannabis license applications, and Connecticut is preparing to do so. New Yorkers will probably wait the longest for stores to open for sales.
February 8, 2022
Cannabis product innovation is more important than ever in 2022 as the industry gets more competitive, new consumers enter the market, consumers get more educated about cannabis products, and they develop both product and brand preferences.
January 25, 2022
Since the COVID-19 pandemic shut down most of the country for an extended period of time, the way many people work has changed. Remote work became the norm, and many employees don’t want to go back to working outside the home again. At the same time, a lot of employers have realized it’s more cost-effective and productive to have a remote team than they realized pre-pandemic.
January 21, 2022
Legal cannabis sales in the United States during 2021 hit $37.4 billion. In 2022, we’ll not only see legal sales increase, but we’ll also see some other much-needed changes. Let’s take a closer look at five of these important changes that should happen in the next 12 months.
January 13, 2022
There are a number of websites that keep updated information about state cannabis laws and rules. That means you don’t necessarily have to visit each state’s regulatory websites and read through pages and pages of legal code to get the information you need.
January 7, 2022
Now is the time to set your plans and make your resolutions for the next 12 months. Here are five important cannabis business resolutions for 2022 that you should consider as you develop your goals and strategies to reach those goals this year.
January 4, 2022
Continued growth is expected in the cannabis industry in 2022, but there are still obstacles to overcome and questions that need to be answered. As the final days of 2021 tick by, let’s take a look at some of the trends and expectations that people working in and with the legal cannabis industry see coming in the coming year.
December 21, 2021
There are four types of cannabis delivery where technology plays a significant role in improving efficiencies, security, tracking, customer satisfaction, and ultimately, profits for businesses. Let’s take a closer look at each and the innovative technologies that are redefining delivery as we know it.
December 17, 2021
In November 2020, residents in five states voted to legalize adult-use and/or medical cannabis, and one year later, only one state has made significant progress in launching sales.
October 27, 2021
The fourth annual Point-of-Sale Software in the Cannabis Industry report is now available for free download here. The 2021 report provides a comprehensive update on point-of-sale (POS) software market share across the cannabis industry using primary research conducted by Cannabiz Media’s research team.
October 19, 2021
Cannabis technology opportunities will continue to grow in the coming years with Gartner reporting that current technology trends across all industries fall under three unique themes: people centricity, location independence, and resilient delivery.
October 8, 2021
It was a bumpy start for Ohio’s medical marijuana program, but those days seem so long ago. With early limitations now being relaxed, the market seems more lucrative than ever, but there is still some regulatory complexity in play.
September 27, 2021
When a state allows the sale of medical and/or adult-cannabis, its economy benefits. That’s the conclusion numerous researchers have made after analyzing a number of economic factors over the past several years.
September 24, 2021
Financial pressures, public opinion, social inequity, and public safety could lead to federal cannabis legalization sooner than many people previously expected.
September 10, 2021
CBD products have exploded in popularity in recent years, and new brands seem to be entering the market every week. However, the oversaturation of CBD brands is making it more challenging for consumers to know what to buy and where to buy it.
July 30, 2021
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