Edibles outperform cannabis industry growth in 2020 on COVID sales surge
Sales of edibles skyrocketed across the nation in 2020 as consumers shied away from inhalable forms of cannabis during the COVID-19 pandemic in favor of more discreet consumption methods.
The surge is prompting edibles manufacturers to invest in research...
Arkansas opens up medical marijuana processor, transporter licensing
The steadily growing Arkansas medical marijuana program is offering new business opportunities: processor and transporter licenses.
Scott Hardin, spokesman for the Arkansas Medical Marijuana Commission, wrote in an email that the state’s MMJ constitutional amendment didn’t establish a limit...
The strategies that helped some cannabis companies thrive in a tumultuous 2020
Christopher and Denise Mink, owners
of Med Pharm in Broken Arrow, Oklahoma, advertise their dispensary on several local billboards, including this electronic sign,
which they can program with custom messages. (Photo by Sean Capshaw)
(This story is part of...
Medical cannabis edibles production set to launch in Missouri
One of the newest medical cannabis markets to launch – Missouri – has yet to see dispensaries stock their shelves with edibles, but that will change in a matter of weeks when the state’s first licensed edibles maker...
Best practices for getting the top price for extracted marijuana products
(This story appears in the November-December issue of Marijuana Business Magazine.)
Once extraction is complete and finished products are made, there’s still one important step for marijuana-extraction companies to execute: Selling their manufactured goods to consumers.
Marijuana firms looking to sell...
Nerds candymaker files suit against California cannabis firm
Chicago-based Ferrara Candy Co. has filed suit in a federal court against California-based Tops Cannabis, alleging the delivery company has been peddling marijuana-infused parodies of its popular Nerds brand and is infringing on its trademark.
According to Law360, Tops...
Wholesale marijuana, hemp oil prices fall nationwide
Wholesale prices of marijuana and hemp oil have fallen from a year ago, according to industry executives, reflecting rising oil production nationwide that has more than...
White-label branding might be marijuana industry’s next hot trend
(This story appears in the November-December issue of Marijuana Business Magazine.)
The complexity and cost of obtaining cannabis licenses has many brands turning to white-label branding.
White labeling, a practice common among mainstream businesses, is when a product is produced...
Recreational cannabis brand and product expansion slow in US markets
Marijuana companies are slowing the rollout of new brands and products in what might be the latest sign of market maturity in early states that legalized...
Pabst Blue Ribbon entering marijuana market with infused seltzers
Another major brewer is jumping into the marijuana sector.
Pabst Blue Ribbon on Wednesday announced the formal launch of Pabst Labs, a new licensed marijuana business in California that will produce and sell THC-infused, nonalcoholic seltzer beverages.
The line of...
