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cannabis licenses

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Cannacurio #92: When & Where Will New Cannabis Licenses Drop?

Cannacurio #92: When & Where Will New Cannabis Licenses Drop?

Since we founded Cannabiz Media, we have often looked back to report on the licenses that had been issued by state, activity and status. In this post we are taking a look forward at jurisdictions that will “likely” be issuing tranches of new licenses in the coming year.

Cannacurio #91: Diving into Cannabis Industry Violations and Recalls

Cannacurio #91: Diving into Cannabis Industry Violations and Recalls

Cannabiz Media has been tracking license violations and product safety recalls as part of its market intelligence platform for nearly a decade. With years of industry data at our fingertips, our research team recently undertook an effort to organize and categorize compliance data into a cohesive, digestible tool: a violations and recalls dashboard. This post dives into that dashboard.

Cannacurio #90: 2023 Yearly Round-Up

Cannacurio #90: 2023 Yearly Round-Up

2023 was a unique year for cannabis licensing. The industry contraction continued with license counts dropping, fewer new licenses being issued, and Oklahoma’s moratorium finally taking effect. In this post, we compare key figures of 2023 with past years.

Cannacurio #87: Dispensary and Retailer 2023 Year-End Leaderboard

Cannacurio #87: Dispensary and Retailer 2023 Year-End Leaderboard

Now that 2023 has wrapped up we want to share our annual license round-up of which states issued the most dispensary/retailer licenses as well as trends that affect various parts of the value chain. In 2023 1,695 new dispensary and retailer licenses were issued and 4 states accounted for 60% of these licenses. This is well down from 2,750 in 2022 and 2,602 in 2021.

Cannacurio #86: The Growing Trend of Unionization in the Cannabis Industry

Cannacurio #86: The Growing Trend of Unionization in the Cannabis Industry

Organized labor is gaining traction within the cannabis space as some prominent union-friendly states also have high-value cannabis markets. We researched state and federal filings and press releases to compile the information on the 828 facilities that have either a union in place or a labor peace agreement.

Cannacurio #85: 2023 Q3 Licensing Round-Up

Cannacurio #85: 2023 Q3 Licensing Round-Up

We have reviewed the new store, cultivation, and manufacturing licenses issued through Q3 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.

Cannacurio #82: Dispensary and Retailer 2023 Q3 Leaderboard

Cannacurio #82: Dispensary and Retailer 2023 Q3 Leaderboard

Here is our round-up of states that issued dispensary/retailer licenses in the 3rd quarter of 2023. So far this year we added 716 stores in Q1 2023; 471 in Q2 and just 361 in Q3. 5 states accounted for 69% of these Q3 licenses: New Jersey, Michigan, California, New Mexico, and Maine.

Cannacurio Podcast Episode 55 with Liesl Bernard of CannabizTeam

Cannacurio Podcast Episode 55 with Liesl Bernard of CannabizTeam

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!

Cannacurio Podcast Episode 54 | Q2 2023 Licensing Leaderboard Recap

Cannacurio Podcast Episode 54 | Q2 2023 Licensing Leaderboard Recap

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.

Cannacurio #81: 2023 Mid-Year Licensing Round-up

Cannacurio #81: 2023 Mid-Year Licensing Round-up

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.

Cannacurio Podcast Episode 53 with David Friedman of Panther Capital

Cannacurio Podcast Episode 53 with David Friedman of Panther Capital

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!

Cannacurio #78: Dispensary and Retailer 2023 Q2 Leaderboard

Cannacurio #78: Dispensary and Retailer 2023 Q2 Leaderboard

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.

Cannacurio #77: The Unlicensed Cannabis Market

Cannacurio #77: The Unlicensed 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. 

Cannacurio #76: Maryland Dispensaries

Cannacurio #76: Maryland Dispensaries

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.

Cannacurio #75: What Does a Store Cost?

Cannacurio #75: What Does a Store Cost?

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.

Cannacurio Podcast Episode 52 with Kaliko Castille of MCBA

Cannacurio Podcast Episode 52 with Kaliko Castille of MCBA

On this Cannacurio episode, Ed and Kaliko discuss how he became a full time cannabis activist, all things MCBA and the objectives behind the association, a deep dive on social equity programs from regulators, and so much more!

Cannacurio Podcast Episode 51 | Q1 2023 Licensing Leaderboard Recap

Cannacurio Podcast Episode 51 | Q1 2023 Licensing Leaderboard Recap

On this Cannacurio episode, Cannabiz Media’s Chief Data Officer, Ed Keating, does a recap of the new store, cultivation, and manufacturing licensing activity & leaderboards by state between January-March 2023. He also discusses what the heck is going on with Oklahoma.

Cannacurio #74: New License Summary 2023 Q1

Cannacurio #74: New License Summary 2023 Q1

Over the last few weeks, we have reviewed the new store, cultivation, and manufacturing licenses issued in Q1 2023. In this post, we will highlight the overall trends and spotlight the changes occurring in Oklahoma as the moratorium finally took effect. We have included April 2023 data for Oklahoma to show the continuing impact.

Cannacurio #71: Dispensary and Retailer 2023 Q1 Leaderboard

Cannacurio #71: Dispensary and Retailer 2023 Q1 Leaderboard

Now that Q1 has wrapped up, we want to share our quarterly round-up of which states issued the most dispensary/retailer licenses. Our 2022 recap showed that 2,750 licenses were issued, and four states accounted for 66% of the newly issued licenses in 2022. The first quarter of 2023 shows Oklahoma responsible for 47% of the 699 new licenses nationwide – despite their license “moratorium”. 

Cannacurio #70: Waste Licenses

Cannacurio #70: Waste Licenses

Any observer of cannabis licensing is familiar with the primary categories of licenses: Cultivation, Manufacturing and Dispensing/Retail. At Cannabiz Media, we strive to cover the entire value chain including testing, distribution, research, and more recently, event and consumption licenses. This article highlights the Waste license – a rare activity that is required in Oklahoma, Mississippi, and Maryland.