Business Analysis

(This story is part of an occasional series on the international medical cannabis industry. The previous installment, on Israel, is available here.) Australia’s medical cannabis industry continues to experience brisk growth in patients and sales, and experts say the...

(The Top 20 stores chart has been updated to include Enchantment Growth Co.) It’s been a little more than a year since New Mexico launched adult-use marijuana, with sales topping $300 million during the initial 12 months. The state brought...

Hemp plantings in the United States were nearly cut in half in 2022, with 28,400 acres dedicated to growing the plant – slightly more than the acreage set aside for Christmas trees. Put another way, at 44.4 square miles,...

Multistate operators are busy expanding their retail footprints in Florida’s nearly $2 billion medical marijuana market, in some cases betting that adult-use legalization is on the horizon and jostling into position to capitalize on that possibility. But investing in...

(This is the first in a two-part series about Canada’s medical cannabis exports. Part 2 will explore where those exports are going.) Amid declining medical cannabis sales in Canada’s domestic market and cutthroat competition in the adult-use industry, some...

Arkansas medical cannabis sales are still on track for a record-breaking year after transactions in the state reached $23.2 million in July. That brings total MMJ sales in Arkansas for the first seven months of 2023 to $164.6 million...

(Photo by TensorSpark/stock.adobe.com) Access to recreational cannabis stores across the United States and Canada differs greatly by state and province after taking population into account. Different state-by-state regulations have created some markets that offer far fewer retail choices for consumers. Consider...

The nation’s largest cannabis multistate operators reported a slowdown in revenue growth in the second quarter, which ended June 30, with efforts to cut costs offset by oversupplied state markets. Wholesale marijuana price compression continues to plague the industry...

(This is the first installment in a series about government funding available for Canadian cannabis businesses.) More Canadian cannabis companies are tapping government funding sources to finance research and other projects as private-sector capital has become harder to come...

(Photo by Rawpixel.com/stock.adobe.com) The percentage of women and members of minority groups holding executive positions in the cannabis industry has returned to pre-pandemic levels after a significant drop during the past three years, according to a new report from...