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Cultivators, MJ executives say Eastern US marijuana prices remain strong as industry grows steadily

Up and down the Eastern United States, cannabis growers and business owners are reporting healthy prices for pounds of marijuana, both medical and recreational. Prices range from $2,000 a pound for flower all the way up to $4,200, depending on the state. But cultivators are still facing regulatory hurdles and the growing pains of keeping […]

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Week in Review: IL ups MMJ program, more CannTrust woes, NM studies legalizing adult-use cannabis & more

Illinois adds more qualifying medical cannabis conditions, CannTrust hit with second noncompliance notice for another facility, New Mexico panel studies the potential to legalize recreational marijuana in the state – and more of the week’s top cannabis business news. Illinois boosts MMJ as it preps for adult use Illinois Gov. J.B. Pritzker took measures to […]

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Wholesale marijuana prices on upswing in more mature recreational markets, reports indicate

Wholesale cannabis prices appear on the rise in longstanding adult-use cannabis markets Colorado, Oregon and Washington state, according to two recent reports and insight from growers. The upward-trending prices seem to be increasing because of: Stronger demand and weaker supply beyond the typical summer economic dynamics. More growers going out of business. Farmers pivoting to […]

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Chart: Medical marijuana markets expanding at varying rates, with Oklahoma, Florida setting the pace

While medical marijuana is legally available in 36 states and Washington DC, the fragmented nature of the industry – each state creates its own set of rules – means each market grows at a different rate. The new quarterly release of the Marijuana Business Factbook presents updated profiles of each state market, highlighting the growth […]

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What medical cannabis firms might learn from Harvest’s compliance conundrums

Harvest Health & Recreation is in high-stakes clashes with medical marijuana regulators in Pennsylvania and Ohio, and the disputes could potentially offer other MMJ firms cautionary lessons around the necessity to maintain extremely pristine regulatory compliance in state-legal markets. At stake for Harvest are more than a dozen dispensary, processing and cultivation licenses in the […]

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Week in Review: Louisiana medical marijuana kickoff, Dixie-Arizona Iced Tea team, NM reciprocity & more

Sales begin in the long-delayed Louisiana medical marijuana market, MJ-infused product brand Dixie signs a licensing deal with Arizona Iced Tea’s parent, a New Mexico judge’s ruling could open MMJ sales to out-of-state patients – and more of the week’s top cannabis business news. MMJ sales begin down on the bayou After years of waiting, […]

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Craft cannabis, capitalism & for-profit co-ops: Q&A with Flow Kana CEO Michael Steinmetz

In a time when giant multistate marijuana companies dominate the U.S. cannabis landscape, legitimate concerns exist that they will drive craft and small cultivators out of the legal cannabis industry. But Michael Steinmetz, who founded California cannabis company Flow Kana in 2015, believes big-time capitalism – or at least his business model – can save […]

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