A tight supply of wholesale recreational marijuana flower in Michigan, one of the youngest adult-use markets in the U.S., is leading to higher-than-average prices as producers struggle to keep pace with growing demand.
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Southern California cannabis growers sued over odors
Multiple marijuana growers in Southern California have been sued by residents of a city in south Santa Barbara County that charge smells from greenhouses led to health issue. The growers need to seal their greenhouses and use “carbon-based filtration methods,” according to the lawsuit filed by residents of Carpinteria, a small seaside community. The plaintiffs allege in […]
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Alaska wholesale cannabis flower prices remain strong despite heavy tax burden on growers
Wholesale prices for recreational marijuana flower in Alaska remain high, though rates have fallen slightly as more growers build out facilities and the market expands as it matures.
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Multistate operators hog Missouri medical cannabis licenses
Missouri granted medical marijuana licenses to some of the largest multistate cannabis operators in the U.S., leading to a flurry of complaints from applicants who were rejected. A Missouri cannabis trade group also won a coveted license, according to an analysis of state records by the St. Louis Post-Dispatch. The influx of multistate operators seeking medical […]
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Marijuana cultivator’s CO2 partnership with craft beer brewer saves money, makes MJ firm more eco-friendly
Two of Colorado’s most high-profile industries – cannabis and beer – recently joined forces under a state-supported pilot project aimed at curbing greenhouse gas emissions. It’s cheaper – about a 10th of the cost – for cannabis businesses to buy carbon dioxide (CO2) from craft beer companies rather than a commercial CO2 distributor that charges […]
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Prices for Colorado wholesale cannabis flower firm up in response to fewer growers, healthy demand
Colorado cannabis cultivators report strong prices for wholesale flower reflecting healthy demand and fewer growers after competition forced out weaker operators.
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MJBizDaily launches annual marijuana industry survey seeking business data
Help Marijuana Business Daily help you by participating in the eighth annual survey of cannabis industry executives and investors. The undertaking that will help Colorado-based MJBizDaily provide key market, financial and operational data for businesses and entrepreneurs. Owners, founders and executives with dispensaries/retail stores, commercial cultivation operations, infused product manufacturers and vertically integrated businesses as well as investors funding […]
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California wholesale marijuana flower prices holding steady on lack of licenses, growing demand
California cannabis growers report a favorable wholesale market with increasing demand despite a lack of retail outlets and continued opposition to legal recreational marijuana from the majority of municipalities and counties in the state.
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Week in Review: Aurora CEO departs, Whoopi Goldberg leaves medical cannabis firm, NM allows MMJ business tax deductions & more
Aurora’s Terry Booth exits the company, a big-name celebrity leaves the namesake medical marijuana retailer she co-founded, a New Mexico court allows MMJ business tax deductions – and more of the week’s top cannabis business news. Another Canadian cannabis CEO departs Canadian multinational marijuana company Aurora Cannabis announced its chief executive stepped aside this week after […]
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Oregon wholesale marijuana flower prices rise after growers exit market, some pivot to hemp
Oregon marijuana growers report wholesale flower prices are improving, which is welcome news for recreational cannabis cultivators in one of the country’s previously most oversupplied MJ markets.
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Louisiana medical marijuana grower to sell CBD products
Ilera Holistic Healthcare, a medical marijuana grower in Louisiana, plans to sell CBD products nationwide. A contractor for Baton Rouge-based Southern University, Ilera will also sell the over-the-counter CBD products at all but one medical marijuana dispensary in Louisiana. “We’ll be the first university in the United States to do a national CBD launch,” Ilera CEO […]
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Temporary uptick in Washington state wholesale cannabis flower prices on shuttered businesses, unused canopy
Washington state’s wholesale cannabis flower market is experiencing rising prices, but marijuana business owners don’t expect that upward trend to last.
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The pandemic pivot and how cannabis companies reacted to COVID-19.