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We are past the midpoint of 2024 and it is time to review which states have added and dropped licenses in the second quarter. In our Q1 review, we highlighted the states that were accelerating their rollouts or trying to add an adult use program to a medical one. However, in Q2 we were inundated with programs in turmoil...
July 19, 2024
To some fanfare, Ohio pushed up their timeline for adult use cannabis to be made available in the state. Instead of a September 7th launch, the regulators approved 60 licenses soon after the window opened on June 7th. Some outlets reported that 62 licenses were issued but upon closer inspection, two had the same address as the regulator in downtown Cleveland and were labeled TEST. Best to ignore those. This post gives a breakdown on license types issued.
June 25, 2024
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 took effect. This post will explore how things changed during the first quarter of 2024 and what the next few quarters may bring.
May 23, 2024
Now that Q1 has wrapped up we want to share our quarterly round-up of which states issued the most dispensary/retailer licenses. We tallied 333 new dispensary/retailer licenses were issued in the quarter and New Jersey and Michigan each accounted for about 20% of the 333. In Q1 2023 there were 699 licenses issued.
April 30, 2024
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.
March 19, 2024
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.
February 14, 2024
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
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.
So far this year, 14 states have added a total of 276 new cannabis dispensaries/retailers. The largest contributor was not California nor Oklahoma - it was Arizona. Read on for more details.
March 23, 2021
Since our last update in late summer, dispensaries and retailers have continued to enter the marketplace adding 1,422 new licenses since January 1. Those licenses represent a 20% increase from the 6,927 at the beginning of the year.
December 4, 2020
Through July 2020 new dispensaries and retailers continue to enter the marketplace. So far this year we have tracked 781. Those licenses represent an 11% increase from the 6,927 at the beginning of the year.
August 25, 2020
We are midway through 2020 and the industry has added 667 licenses this year. Those new licenses represent a 9.6% increase from the 6,927 at the beginning of the year. Twenty-one states have added at least one active license this year.
July 20, 2020
The first quarter of 2020 is over and retail & dispensary licenses have increased 5.5% with 385 new stores nationwide. Cannabiz Media tracked the newly active dispensary/retailer licenses from 18 states.
April 13, 2020
West Virginia recently shared information on their 285 medical marijuana applicants. This includes applications for one laboratory, 44 cultivators, 199 dispensaries and 41 manufacturers.
March 30, 2020
Two months into 2020 and it’s time to take a look at the retail & dispensary landscape. So far this year Cannabiz Media has tracked 256 newly active dispensary/retailer licenses from 14 states.
March 2, 2020
Missouri just released the winners of the 192 dispensary licenses. Based on our analysis of the winners, here’s what we know so far: 85 entities were awarded the 192 licenses.
January 28, 2020
Many companies track dispensary and retail licenses because this is where commerce is transacted with patients and consumers. To many it is the best way to gauge the health of the cannabis economy, and it allows analysts to forecast sales, growth, and profits – among other metrics.
January 27, 2020
There are more than 72,000 licensed hemp and cannabis business licenses being tracked in the Cannabiz Media License Database across 41 states and 16 international markets, and there are tens of thousands of ancillary cannabis businesses around the world.
October 22, 2019
As more states approve medical and recreational cannabis sales, the number of licensed cannabis retailers and dispensaries continues to grow. So far in 2019, cannabis retailers and dispensaries have been at the crux of rapid growth and change.
March 19, 2019
Cannabiz Media has been tracking cannabis licenses since 2015, and periodically, we share insights from tracking 30,000+ licenses. A key metric in any industry revolves around points of distribution – or how many places are available to sell product.
October 9, 2018
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