Industry News

Posts

CannaVest North Investment Forum Comes to Toronto

CannaVest North Investment Forum Comes to Toronto

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.

Emerging Market Opportunities in the Hemp Industry

Emerging Market Opportunities in the Hemp Industry

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.

International Cannabis Markets to Watch in 2022

International Cannabis Markets to Watch in 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.

Up and Coming U.S. Cannabis Markets and Issues to Watch in 2022 and Beyond

Up and Coming U.S. Cannabis Markets and Issues to Watch in 2022 and Beyond

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. 

Cannabis in Connecticut, New Jersey, and New York: What’s Next?

Cannabis in Connecticut, New Jersey, and New York: What’s Next?

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.

The Importance of Cannabis Product Innovation in 2022

The Importance of Cannabis Product Innovation in 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. 

How to Build a Remote Team for Your Cannabis Business

How to Build a Remote Team for Your Cannabis Business

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. 

5 Ways the Cannabis Industry Will Change in 2022

5 Ways the Cannabis Industry Will Change in 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.

How to Learn about State Cannabis Laws and Licensing Rules

How to Learn about State Cannabis Laws and Licensing Rules

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.

Cannabis Business Resolutions for 2022

Cannabis Business Resolutions for 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.

Looking Ahead to the Cannabis Industry in 2022

Looking Ahead to the Cannabis Industry in 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.

How Technology is Changing Cannabis Delivery

How Technology is Changing Cannabis Delivery

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.

Cannabis and the 2020 Election – Where Are We Now?

Cannabis and the 2020 Election – Where Are We Now?

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.

Point-of-Sale Software in the Cannabis Industry – 2021 Report

Point-of-Sale Software in the Cannabis Industry – 2021 Report

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.

Cannabis Technology Opportunities: What’s Coming This Decade?

Cannabis Technology Opportunities: What’s Coming This Decade?

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.

Ohio’s Medical Marijuana Market - Where Is It Now?

Ohio’s Medical Marijuana Market - Where Is It Now?

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. 

The Economic Impact of Cannabis

The Economic Impact of Cannabis

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.

Is Federally Legal Marijuana Coming Soon?

Is Federally Legal Marijuana Coming Soon?

Financial pressures, public opinion, social inequity, and public safety could lead to federal cannabis legalization sooner than many people previously expected.

What Consumers Want from CBD Brands

What Consumers Want from CBD Brands

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. 

How to Keep up with Cannabis Industry News

How to Keep up with Cannabis Industry News

So much is changing in the cannabis industry that it can be challenging to keep up with the latest national and state-by-state laws and business insights. Here are a dozen great blogs, podcasts, newsletters, and daily alerts that can help you stay up-to-date in this continually evolving industry.