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marijuana industry

Get the latest cannabis and hemp industry news and insights.

Cracking Down on the Cannabis Illicit Market to Save Legal Sales

Cracking Down on the Cannabis Illicit Market to Save Legal Sales

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.

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.

The High Cost of Cannabis Licenses in Connecticut

The High Cost of Cannabis Licenses in Connecticut

Getting into the cannabis industry as a license holder in Connecticut isn't cheap. Let’s take a look at the fees businesses and individuals have to pay to be a part of the Connecticut cannabis industry.

Why are Some States’ Cannabis Programs Lagging?

Why are Some States’ Cannabis Programs Lagging?

The cannabis market continues to grow throughout the United States, but that doesn’t mean all states’ cannabis programs are growing equally. In fact, some states are lagging behind significantly.

Legitimizing the Cannabis Industry: Terminology and Codes of Conduct

Legitimizing the Cannabis Industry: Terminology and Codes of Conduct

By improving professionalism in the cannabis industry and elevating the customer experience, the entire industry will break the negative stereotypes of cannabis and cannabis users. In fact, it’s already happening.

Will 2020 be the Biggest Year for the U.S. Cannabis Industry?

Will 2020 be the Biggest Year for the U.S. Cannabis Industry?

There were a number of big stories in the news throughout 2019 proving the cannabis industry will continue on an upward trajectory in 2020 and beyond. From increases in business licenses historic votes in the U.S. Congress ...

Legal Cannabis in 2020 – What’s Coming to the Industry in the United States?

Legal Cannabis in 2020 – What’s Coming to the Industry in the United States?

The cannabis industry in 2019 faced a lot of changes, and while change won’t come to a grinding halt in 2020, particularly since it’s a Presidential election year, the bigger story in the coming 12 months could be about industry growth.

The Effect of Ballot Initiatives vs. Legislation on the Marijuana Market

The Effect of Ballot Initiatives vs. Legislation on the Marijuana Market

As of today, only 23 states in the country allow cannabis law reform through ballot initiatives for citizens to vote. That means more than half of states only allow changes to be made to cannabis laws through legislation.

From Acceptance to Accessibility – The Changing Tides of the Marijuana Industry

From Acceptance to Accessibility – The Changing Tides of the Marijuana Industry

Nearly 10 years ago a 2000 Pew Research poll found that just 31% of Americans supported cannabis legalization. That number nearly doubled by 2017 when Pew Research found that 61% of Americans favored legalization.

The Rise of Marijuana Dinner Parties, Fine Dining, Painting Parties and More

The Rise of Marijuana Dinner Parties, Fine Dining, Painting Parties and More

Two out of three Americans (66%) support legalizing cannabis according to Gallup Poll data . This growing acceptance, combined with the growth of the marijuana industry and the approval of adult-use cannabis in 12 states (including the District of Columbia), ...

The Effects of Lab Testing on the Marijuana Industry

The Effects of Lab Testing on the Marijuana Industry

Marijuana testing labs will be worth $1.4 billion by 2021 based on High Times’ estimation, which represents an annual growth rate greater than 10%. Sounds good, right? Unfortunately, there’s a problem.

2019 Marijuana Industry Predictions and Trends

2019 Marijuana Industry Predictions and Trends

Last month, the Cannabiz Media team attended MJBizCon 2018 in Las Vegas, Nevada. One of the highlights at the conference was the opening State of the Industry: Developments, Data & Trends by Chris Walsh, Founding Editor and Vice President of Marijuana Business Daily.

Hot Topics in the Cannabis Industry in 2018

Hot Topics in the Cannabis Industry in 2018

For the cannabis industry, 2018 was filled with change. Along with conversations about decriminalization, legalization, taxes, and banking, people were talking about California, Canada, and which states would approve recreational marijuana next.

The Impact of Children and Marijuana Edibles on the Cannabis Industry

The Impact of Children and Marijuana Edibles on the Cannabis Industry

This month, the Washington State Liquor and Cannabis Board announced that it plans to re-evaluate all edible cannabis products to reduce the availability of products that appeal to children. The state already has a list of rules that cannabis edibles ...

Marijuana Industry Growth Creates More Government Jobs than Applicants

Marijuana Industry Growth Creates More Government Jobs than Applicants

The marijuana industry is bringing large amounts of money to states that have approved medical and/or recreational cannabis with most of that money coming from taxes, but did you know the marijuana industry is also bringing significant job growth to these states?

2018 Marijuana Industry Trends and Predictions Mid-Year Check-in

2018 Marijuana Industry Trends and Predictions Mid-Year Check-in

During the November 2017 MJBizCon event in Las Vegas, Marijuana Business Daily’s Chris Walsh delivered an insightful presentation packed full of predictions and trends that he believed looked very promising for both marijuana legalization ...

Investors Seek Creative Ways to Get in the Marijuana Industry

Investors Seek Creative Ways to Get in the Marijuana Industry

The medical marijuana market is expected to grow to $29 billion by 2019, but the real money is in picks and shovels. Just like the California Gold Rush, when it wasn’t the people digging for gold who got rich but rather the businesses who ...

4 Reasons Transparency is Essential in the Marijuana Industry

4 Reasons Transparency is Essential in the Marijuana Industry

Controversy is not new when it comes to marijuana licensing as we’ve learned in Pennsylvania and Florida over the past year. Often, controversy comes from a lack of transparency in the licensing process.

Marijuana Industry Regulators Under Fire - Conflict of Interest or Bad Judgment?

Marijuana Industry Regulators Under Fire - Conflict of Interest or Bad Judgment?

If you follow marijuana business and regulatory news, you might wonder who is guarding the guardians of the marijuana industry. In fact, you might even ask if anyone is watching the people making the laws that will shape the marijuana economy for years to come.

The Surprising Role of Gifts in the Marijuana Economy

The Surprising Role of Gifts in the Marijuana Economy

Marijuana entrepreneurs are an innovative group, and when faced with barriers to get their products to consumers, they can get very creative. One of these creative strategies is marijuana gifting.