cannabis industry

C3 Industries has entered the Michigan cannabis market with the opening of its first “High Profile” dispensary in Detroit. The cannabis retailer plans to open 15 to 20 dispensaries in Michigan over the next 24 months. The next two locations are on track to open in Ann Arbor and Grant...

By Sean Octavius Murphy, Founder, Hemp Business Journal Hemp Business Journal has been tracking Palmetto Harmony since its founding in 2015, and last year projected the Conway, S.C.-based outfit as a company to watch among those analyzed in The CBD Report. Given its developmental trajectory, the...

The Marijuana Regulatory Agency shut down Iron Labs of Walled Lake after finding marijuana that tested above the legal limit for various contaminants, but not reporting those test results in the state’s tracking system. With the shut down, the number of licensed marijuana testing facilities...

By New Frontier Data Europe In Spain, the cannabis social club (CSC) model for cannabis distribution is becoming a well-established if furtively reported system capable of annually drawing consumers equivalent to 9%-27% of its 46.4 million residents. In practical terms, the system accommodates more...

Cannabis Countdown: Top 10 Marijuana Industry News Stories of the Week Welcome to the Cannabis Countdown. In this week’s rendition, we’ll recap and countdown the top 10 marijuana industry news stories for the week of August 12th – 18th, 2019. Without further ado,...

Cannabis Countdown: Top 10 Marijuana Stock News Stories of the Week – Earnings SZN Edition Welcome to the Cannabis Countdown. In this week’s rendition, we’ll recap and countdown the top 10 marijuana stock news stories for the week of August 12th – 18th, 2019....

By John Kagia, Chief Knowledge Officer, New Frontier Data As a new wave of states from Illinois to Missouri face their advent of newly legal cannabis, New Frontier Data's analysis of Colorado's first years of legal cannabis offers insights about the country's most established adult-use...

Since 2014, when Colorado became the nation's first fully legal cannabis market, it has generated over $6 billion in legal cannabis sales. Adult-use sales grew 300% between 2014-2018, accounting for 2/3 of all cannabis purchased, and reflecting strong, sustained demand from adult consumers....

By William Sumner, Hemp Business Journal Contributor Last week, GW Pharmaceuticals (NASDAQ: GWPH) released its financial results for the second quarter, and the results surprised analysts and investors alike. Year-over-year, the company's revenue for the quarter rose from $3.3...

The Marijuana Regulatory Agency announced Thursday it is moving its medical program fee structure to a tier-based system based somewhat on the operation’s size, similar to what the agency put in place for the recreational market. The current regulatory assessment, paid by licensees after they...

By Bill Griffin, Contributing Writer for New Frontier Data An adult arriving at Amsterdam Central Station could within minutes stroll into a nearby coffeeshop to purchase and consume some sparkling cannabis flowers to pair with their cappuccino. They would no doubt assume that recreational cannabis...

Growing a cannabis company takes capital – a lot of it. That's why we've been sharing some insights into what capital sources look for when providing financing to cannabis companies. In this two-part series, Andrew Lines, MAI, and a valuation partner at CohnReznick, talks with Paul...

Cannabis Countdown: Top 10 Marijuana Industry News Stories of the Week Welcome to the Cannabis Countdown. In this week’s rendition, we’ll recap and countdown the top 10 marijuana industry news stories for the week of August 5th – 11th, 2019. Without further ado, let...

Cannabis Countdown: Top 10 Marijuana Stock News Stories of the Week Welcome to the Cannabis Countdown. In this week’s rendition, we’ll recap and countdown the top 10 marijuana stock news stories for the week of August 5th – 11th, 2019. Without further ado, let’s get...

  Q: For anyone who missed last week's webinar, "Are Your Numbers In Order? Preparing Your Cannabis Business for Turbulent Times Ahead", can you summarize what was shared? A: Though we have seen considerable growth and increased legitimacy in the legal cannabis industry, many...