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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
In the last of our Q1 license recaps, we turn to manufacturing, the least volatile of the three activities we cover in these quarterly posts - and as we see with other activities, most new licenses were issued by a handful of states.
May 16, 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
In the last of our 2023 license recaps, we turn to manufacturing, the least volatile of the three we cover. At the end of 2023, there were 744 new manufacturing licenses issued in 2023, and as we see with other activities, most new licenses were issued by a handful of states.
February 1, 2024
Of the three most common cannabis licenses, manufacturing licenses are the least prone to volatile swings. At the end of Q3, there were 6,304 manufacturing licenses in the database at 5,771 facilities.
November 9, 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
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 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
Cannabis manufacturing licenses are important assets for companies because the products are often powerful brands. These brands, unlike license assets, can cross state lines and will undoubtedly help well-established companies thrive and build market share.
July 8, 2021
One part of the Cannabis value chain that we have not covered this year is Manufacturing. We ended 2019 with 4,804 active licenses. So far this year states have added 178 more or 3.7%.
April 27, 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
This week we turn our attention to another part of the cannabis value chain: Manufacturing. This includes companies that create, infuse and make products or extracts. Nationwide there are 46 different license names for this activity and two thirds are from California.
February 3, 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 we move closer to the end of the first quarter of 2019, the cannabis industry continues to evolve. Cannabis manufacturers are growing, and mergers are dominating the news, particularly mergers and strategic acquisitions ...
March 5, 2019
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