Cannacurio #115: Store Licensing Recap Q2 2025
361 new store licenses were issued in Q2 which is more than Q1, but the hemp market continues to make it challenging for licensed cannabis stores to thrive.
Ed Keating
August 5, 2025
361 new store licenses were issued in Q2 which is more than Q1, but the hemp market continues to make it challenging for licensed cannabis stores to thrive.
August 5, 2025
1,470 new licenses were issued for all activities, and Cultivation, Manufacturing and Store licenses accounted for 90% of the cannabis licenses issued.
July 28, 2025
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In this episode of the Cannacurio Podcast, Ed Keating interviews Coleman Retzlaff, National Sales Director at Quest Climate. Coleman shares how Quest’s high-efficiency dehumidifiers revolutionize cannabis cultivation, discusses energy-saving innovations, and reveals common grower mistakes. Dive into this episode for expert tips on boosting yields and sustainability!
July 24, 2025
A total of 2,484 violations and 92 recalls were issued in 2024 in the United States. See where they occurred, their cause, and the associated fines.
July 9, 2025
Retail license growth slowed in Q1 2025, but the cannabis industry continues to shift. From New York's expansion to Minnesota’s surge in applications, the landscape is evolving. Discover how hemp, moratoria, and the illicit market are influencing cannabis retail—and where things may head next.
May 16, 2025
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In this episode of the Cannacurio Podcast, Ed Keating interviews Tyler Klimas, founder of Leaf Street Strategies, about his journey as a consultant, regulator, and lobbyist in the cannabis space. They explore the rise of THC beverages, the challenges of cannabis taxation, and the fragmented regulatory environment shaping both hemp and marijuana markets. Tune in for expert insights on where the industry is heading and what regulators should consider next.
May 9, 2025
The cannabis industry had a slower start in Q1 2025, but new markets and licensing activity continue to shape the landscape. From New York’s momentum to emerging states like Kentucky and Delaware, get a closer look at the trends and what’s ahead for the rest of the year.
April 25, 2025
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In this episode of the Cannacurio Podcast, Ed Keating chats with Joseph Edwards, Chief Science Officer at Yofumo. They discuss Joseph’s journey from biochemistry and engineering to pioneering cannabis decontamination and curing technologies. Learn how Yofumo’s ozone-based systems are helping operators meet microbial compliance standards, preserve product quality, and embrace sustainable practices. Tune in for insights on evolving state regulations, consumer-driven cultivation trends, and Yofumo’s expanding global footprint beyond cannabis.
April 11, 2025
Cannabis manufacturing licenses grew 27% in 2024 with 945 new licenses, led by New York and New Mexico. The total number of manufacturers held steady at 5,940, highlighting the sector's stability. Manufacturing licenses are valuable for brand development and white-label production, making them crucial assets in the evolving cannabis market.
March 7, 2025
Cannabis cultivation licenses rebounded in 2024, with 3,369 new licenses issued—Michigan (1,079) and Oklahoma (1,039) leading the way. However, oversupply and price pressures remain major concerns, with wholesale cannabis prices dropping as low as $150 per pound. Read the full breakdown of 2024’s cultivation leaderboard and market insights.
February 26, 2025
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Cannabiz Media’s Chief Data Officer, Ed Keating, does a recap of the 2024 Licensing Leaderboards and shows you what we've seen in looking back at all the licenses that were issued.
February 21, 2025
Cannabis retail stores saw 7% growth nationally in 2024, with new markets like New York driving expansion. As states like Delaware, Kentucky, and Minnesota roll out programs in 2025, THC beverages are also making an impact through mail order and liquor store sales. Cannabiz Media keeps customers informed with the latest licensing data through newsletters, alerts, and reports.
February 18, 2025
For a decade, Cannabiz Media has tracked cannabis market trends, now expanding to THC beverage licensing. States are taking varied approaches—California enforces strict bans, while Minnesota allows sales alongside alcohol. Major players like Green Thumb Industries are investing, signaling industry growth. Explore how state regulations are shaping this emerging market.
February 4, 2025
2024, like every cannabis year that precedes it, was unique. Over the last 12 months we had a presidential election, several state referenda, and the slow-moving rescheduling process. Through it all, the regulators continued the hard work of standing up new programs, and issuing licenses, renewals, violations and recalls.
January 24, 2025
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In this episode of the Cannacurio Podcast, Ed Keating chats with Brett Gelfand, founder of CannaBIZ Collects and the Cannabiz Credit Association. They discuss Brett's journey from Colorado's cannabis market to pioneering solutions for credit and collection challenges in the industry. Learn how these organizations are transforming financial practices by leveraging data and collaboration to drive smarter credit decisions and foster business stability. Tune in for insights on navigating the industry's financial complexities and predictions for its future.
December 10, 2024
In the last of our Q3 license recaps, we turn to manufacturing, the least volatile of the three activities we cover in these quarterly posts. They serve as important assets for companies because the products are often powerful brands. These brands, unlike license assets, can cross state lines and help well established companies thrive and build market share. They are also useful for the license holder as these facilities can be used for white label production – therefore expanding the value of the asset.
December 6, 2024
Following up on our recent overview of Q3 licensing, we now delve into the cultivation licenses issued in the third quarter of 2024. These snapshots derived from our Cannabiz Business Intelligence platform show where new licenses are being created and the total number of licenses and facilities in the US.
November 26, 2024
Q3 2024 saw significant growth in cannabis dispensary and retailer licensing, with 535 new licenses issued—a jump from Q2’s 456. Key players like New York, Ohio, Michigan, New Jersey, and Puerto Rico accounted for 73% of these new licenses.
November 15, 2024
We are three quarters of the way through 2024 and 2,211 new licenses were issued in Q3. This was the strongest quarter of the year and was given a boost from new licenses in Ohio and New York.
November 1, 2024
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In this episode of the Cannacurio Podcast, Ed Keating sits down with Nohtal Partansky, CEO of Sorting Robotics, to explore how automation is transforming the cannabis industry. Nohtal shares the story of his evolution from working with NASA, to developing cutting-edge robotic systems designed to streamline cannabis production.
October 25, 2024
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