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Get the latest cannabis and hemp industry news and insights.

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 #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 #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 #42: Dispensary & Retailer Leaderboard February 2021

Cannacurio #42: Dispensary & Retailer Leaderboard February 2021

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.

Cannacurio: Dispensary & Retailer Leaderboard (May 2020 Update)

Cannacurio: Dispensary & Retailer Leaderboard (May 2020 Update)

Through May 2020 the industry has added 554 licenses year to date with 88 in April and 77 in May. Those 554 represent an 8% increase from the 6,927 at the beginning of the year.

Cannacurio: New Active Licenses for Dispensaries & Retailers in 2019 By State

Cannacurio: New Active Licenses for Dispensaries & Retailers in 2019 By State

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.

What’s New in Cannabis Retail and Dispensing?

What’s New in Cannabis Retail and Dispensing?

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.