Get the latest cannabis and hemp industry news and insights.
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On this Cannacurio episode, Ed and Liesl Bernard of CannabizTeam discuss her start as a CPA and how she got her initial start in Recruiting, the current state of hiring within the industry, how they are approaching the market here in the US and beyond, and so much more!
September 19, 2023
You’ve heard of do-it-yourself, but have you heard of do-it-for-me? Let us introduce do-it–for-me email marketing, available to users of the Cannabiz Media Cannabis Market Intelligence Platform.
September 14, 2023
Since January, a few new adult-use cannabis programs have rolled out, leading to some of the hottest new markets nationwide. This blog dives into the current program status in Maryland and Missouri and their evolving social equity programs, plus other upcoming opportunities the industry will see in the near future, notably in tribal communities.
September 7, 2023
This groundbreaking event brings together industry pioneers, experts, and enthusiasts to explore the latest developments and opportunities in the evolving cannabis landscape of the New York region.
September 5, 2023
Figuring out what to share on LinkedIn can prove to be a complex task, so we put together this roundup of post ideas with effective content concepts (and multiple examples) illustrating how B2B cannabis companies excel on the platform.
September 1, 2023
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On this Cannacurio episode, Cannabiz Media’s Chief Data Officer, Ed Keating recaps the Dispensary & Retailer, Cultivation and Manufacturing licensing activity & leaderboards for Q2 2023. Plus he touches on the unlicensed market, and the current moratoriums in place.
August 24, 2023
We have reviewed the new store, cultivation, and manufacturing licenses issued through midyear in a series of blog posts. In this post we will highlight the overall trends and share details on license growth and contraction in key states.
August 22, 2023
Of the three most common cannabis licenses, manufacturing licenses are the least prone to up or downward swing. There are currently just over 6,153 manufacturing licenses in the Cannabis Market Intelligence Platform at 5,771 facilities. At the end of Q1 we tracked 6,200 licenses at 5,800 facilities.
August 10, 2023
The Cannabiz Media License Database has a new name…(drumroll, please)...the Cannabis Market Intelligence Platform! What began as a first-of-its-kind cannabis license tracking tool has grown into a robust intelligence engine that facilitates growth opportunities, reveals financial insights, and safeguards compliance within the cannabis industry.
August 9, 2023
The Cannabis Conference will be held at the Paris Hotel in Las Vegas from August 15-17, 2023. This year’s agenda doesn’t shy away from tricky topics like how to survive a market downturn, adopting new strategic tools, and even learning from others’ mistakes in ways that can save businesses thousands, if not hundreds of thousands of dollars.
August 7, 2023
Wells Fargo Equity Research has released the Cannabis Cultivator Survey Edition 3 report based on data collected with Cannabiz Media in Spring 2023 through one of the most comprehensive outreach programs to cannabis cultivators. The third edition of the survey report includes new and updated data from cannabis cultivators in eight key states as well as comparisons to data reported in the Cannabis Cultivator Survey Edition 2 that was collected during Fall 2022 and released in February of this year.
August 4, 2023
Following up on our recent review of dispensaries and retailers, we now delve into cultivation licenses. These “census” snapshots derived from our Cannabiz Business Intelligence platform show where new licenses are being created. 9% fewer cultivation licenses were issued in Q2 versus Q1 and Oklahoma’s numbers dropped drastically as the moratorium took effect.
August 2, 2023
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On this Cannacurio episode, Ed and David Friedman of Panther Capital discuss his background in finance and how he entered the cannabis space, all things mergers and acquisitions in the software space, trends that we should be looking out for, and so much more!
July 26, 2023
With Q2 2023 in the books we want to share our quarterly round-up of states that issued dispensary/retailer licenses. We ended 2022 with 2,750 licenses, with Q1 2023 adding 699. Q2 saw the addition of 587 – 16% fewer than the preceding quarter.
July 24, 2023
Florida was one of the earlier states to legalize medical cannabis, doing so in 2016 through a constitutional amendment. The state’s cannabis market is unique in a variety of ways - being dominated by one company, including an unusual type of social equity cannabis license, and for not yet having expanded to adult-use even after seven years of medical legalization. The decision by Florida governor Ron DeSantis to run for US president has only increased national interest in understanding the state of the Florida cannabis market.
The US cannabis unlicensed market is estimated to be about $60 billion in sales – or more than twice the licensed market size of about $30 billion. Starting at the end of 2022, Cannabiz Media’s research team sought to find these unlicensed businesses and add them to the database. As the industry’s database of record, it was a gap that we thought needed filling.
July 17, 2023
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It can be difficult to figure out what to post, plus navigating on how to stay in Meta’s good graces as a cannabis company, so we put together this roundup of the top 6 post ideas (with industry all-star examples!) to help boost your engagement, build your brand within the cannabis community, provide a personal voice and add variety to your grid.
July 14, 2023
Cannabiz Media spoke with MCBA President Kaliko Castille to learn how the association uses the Cannabis Market Intelligence Platform to keep a pulse on the industry and identify where to focus their efforts.
July 6, 2023
We recently researched the cost to purchase a cannabis store in Cannacurio #75 and found that prices varied greatly by year and state – as well as the purchaser’s overall strategy. Soon after we shared that analysis, Terrascend purchased two different dispensaries – one for $22 million and one for $6.75 million. This begged the question as to whether these purchases were exceptional by Maryland standards.
July 5, 2023
For this Cannacurio analysis we wanted to explore the prices paid for retailers and dispensaries. To do this we researched the 600+ M&A transactions we have compiled in our Cannabiz Business Intelligence offering and removed any stores that were part of a deal where other license types were also sold. That left 170 stores sold in sixteen states. We included both closed and announced deals but ignored those deals that were cancelled.
June 27, 2023
