The Business of Cannabis

Weed Companies Make More Money Selling Beer Than Pot

Sep 25, 2024 | National

Tilray Brands Inc.’s big bet on legal cannabis is proving so overoptimistic it is now relying on the alcohol market it once aimed to disrupt. A long-awaited easing in US cannabis laws, known as rescheduling, is still at least months away, leaving in place suffocating...

Colorado Blames Cannabis Sales Decline Due To Maturing National Market

Sep 25, 2024 | National

The ongoing struggles of the oldest legal recreational marijuana market in the nation, Colorado, can be traced back to the successes of the cannabis legalization movement in other states, along with oversupply and market saturation, according to a report...

Marijuana Legalization ‘Significant Threat’ To Alcohol Industry, Analysts Contend

Sep 18, 2024 | National

Financial analysts say they expect the expansion of the marijuana legalization movement will continue to post a “significant threat” to the alcohol industry, citing survey data that suggests more people are using cannabis as a substitute for alcoholic beverages such a...

How Can Cannabis Retailers Enhance Loyalty

Sep 18, 2024 | National

As a market matures, any market, several things happen. Products become more reliable and known, increasing brand loyalty. Dispensaries start offering these known brands because they want to maintain customer trust and loyalty. However, now that a consumer can go to...

Fourth Circuit Ruling Contradicts DEA’s Opinion On The Legality Of Certain Hemp-Derived Products

Sep 18, 2024 | Feature, National

Judges with the Fourth Circuit Court of Appeals have ruled that all hemp-derived products, including those that undergo a chemical synthesis during manufacturing, are legal under federal law.  The decision is consistent with a 2022 Ninth Circuit...

Florida Marijuana: 90% Of Surveyed Patients To Vote For 2024 Marijuana Legalization

Sep 18, 2024 | National

In anticipation of Florida’s 2024 vote to legalize recreational marijuana, The Sanctuary Wellness Institute surveyed to gauge the opinions of their medical marijuana patients. The survey revealed overwhelming support for the legalization initiative and insights into...