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Legal cannabis sales in Michigan achieved a record high of $837 million in Q2 2024, marking a 6% increase from $793 million in Q1 2024 and an 11% rise from $753 million in Q2 2023, according to a report by Beacon Securities. June’s total sales were $279 million, slightly down by less than 1% from May but up 7% year-over-year from $261 million in June 2023.

Cannabis products are subject to strict regulations to ensure consumers get what they pay for. One crucial aspect often overlooked is moisture content. Cannabis, like many other agricultural products, can lose or gain moisture, impacting its weight and, ultimately, the consumer’s wallet.

Amid industry consolidation, identifying emerging brands in key markets is crucial for acquisitions and collaborations. While wholesale prices have risen, retailer margins have tightened, reducing profitability.

The U.S. Federal Trade Commission (FTC) recently highlighted the significant influence of pharmacy benefit managers (PBMs) on drug prices due to market consolidation. This trend raises critical questions about the future of the cannabis industry, especially if cannabis is federally legalized.

Planet 13 Holdings Inc.

Chicago Atlantic Real Estate Finance (NASDAQ: REFI) stands out in the cannabis capital providers and mortgage REIT (mREIT) sectors due to its premium valuation, impressive dividend yield, and robust growth track record.

On July 1, 2024, Boris Jordan, chairman of Curaleaf Holdings (OTC: CURLF), participated in a fireside chat with Pablo Zuanic, senior analyst to discuss Curaleaf’s strategic initiatives in Europe and the hemp derivatives mar

In a recent issue of “Cannabis Confidential,” Todd Harrison provides a succinct analysis of the current market dynamics within the cannabis industry, particularly highlighting the performance of AdvisorShares

The financial landscapes of Canadian and U.S. cannabis operators showcase distinct paths in the quest for profitability, driven by varying market dynamics and regulatory environments. According to recent financial data from Beacon Securities, the analysis of key financial metrics such as EV/EBITDA and P/CFO ratios reveals crucial insights.

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A short squeeze forces investors betting on a stock’s decline (short sellers) to buy back shares at a higher price to avoid losses, triggering a price surge.

A recent study led by Dr. Erika Rosen of the Alcohol Research Group and RTI International and published in the Journal of Studies on Alcohol and Drugs, explores the differential impacts of alcohol, cannabis, and opioids on U.S. adults.

Despite an overall decline in mergers and acquisitions (M&A) across the cannabis industry, a few states are bucking the trend, showcasing growth and resilience.

A recent Instagram video on the user account “Cheech and Chong” has gone viral, showing Tommy Chong offering a cannabis-infused beverage to a police officer. The interaction highlights the growing acceptance and curiosity around hemp-based cannabis drinks.

Curaleaf International (OTC: CURLF), a leading cannabis company, is expanding its footprint across the UK, Germany and Poland. This strategic expansion is not only about entering new markets but also about outpricing the illegal cannabis trade. What drives their decision to enter specific markets?

In an exclusive interview with Benzinga Cannabis, Sean Stidacks, founder of Stidacks Genetics, shared his journey as a self-taught entrepreneur making waves in the cannabis industry.

Since Colorado and Washington became the first states to legalize adult-use cannabis sales in 2014, a green wave has swept over the U.S. This progressive shift has not only transformed social norms but also yielded surprising financial benefits for participating states.

Vermont Psychedelics And Harm Reduction Legislation

The recent proposal by U.S. Attorney General Merrick Garland to reschedule marijuana from Schedule I to Schedule III under the Controlled Substances Act (CSA) could significantly impact cannabis trademark law.

Statistics Canada reported a 7.1% increase in cannabis sales for March, reaching C$414.1 million, up from February’s revised C$386.8 million.