Posts Tagged ‘cannabis sales’
A Cannabis Holiday In Question: How Will The COVID-19 Crisis Impact Cannabis Business On 4/20?
The COVID-19 public health crisis reset societies around the globe in just a few short months. With more than 150,000 deaths as of this writing, per the Johns Hopkins coronavirus resource center, no aspect of our lives remains untouched. The Easter and Passover holidays were forced online and over 22 million Americans have lost their…
Read More2019 Was a Big Year for Legal Cannabis
Worldwide sales of legal cannabis re-accelerated in 2019, growing nearly 46% to almost $15 billion. The increase represents the largest yearly sales gain since Colorado launched adult-use sales in January, 2014. The growth is further magnified when compared to 2018, which only saw 17% growth. An in-depth analysis of global markets, as well as…
Read MoreCannabis Retail Opportunities Abound
Cannabis is perhaps the most exciting retail opportunity to hit U.S. markets in decades. The lucrative combination of rapid sales growth, an ever-expanding customer base and government-enforced protection against mass-retail has resulted in a unique market that is unlikely to be replicated anytime soon. For more than a decade, State governments have dictated cannabis legalization,…
Read MoreTop 5 Data Insights: Labor Day Weekend Sales
We’re in no rush to say goodbye to summer, but, as we head into Labor Day weekend, let’s review how the cannabis industry has fared during Labor Day weekends past and other key summer holiday periods: Labor Day weekend has been a historically big for sales in the dispensary channel. In 2018, sales between Friday…
Read MoreCalifornia’s Cannabis Industry is Ready to Realize Its Full Potential
Inspired by the Cannabis Intelligence Briefing Series Report: California: Lessons from the World’s Largest Cannabis Market Analysis of the emerging California adult-use market, detailed in the new Cannabis Intelligence Briefing by Arcview Market Research and BDS Analytics: “California: Lessons from the World’s Largest Cannabis Market”, tells the story of the Golden State’s transition from a…
Read MoreTop 10 Ways People Are Consuming Cannabis in 2019
How many products contain cannabis? Hundreds. Flower – of course – and pre-rolls. Vape pens and concentrates like shatter and Live Resin. Creams and massage oils. Chocolate chip cookies, coffee sodas, pills, strawberry taffy, powders for adding to hot tea or cold juice. Companies are rolling out myriad new products in pot-friendly states every week…
Read MoreGummies Are as Popular as Ever
Cannabis Ingestibles cover a lot of ground, including everything from pills to slices of pie to bottles of THC-infused cold-brewed coffee. But one style of ingestible dominates the market: the gummy. During the first four months of 2019, 17 of the top 20 selling ingestible products in California, Colorado and Oregon were gummies. During the…
Read MoreLabor Day Weekend is a Cannabis Bonanza
Sales of cannabis fluctuate throughout the year across Colorado, Washington and Oregon, with individual days, like Fridays, serving as most weeks’ sales summits, and holidays like July 4 and of course 4/20 boosting cannabis sales significantly. But while 4/20 receives most of the attention — and indeed, the day itself last year was the biggest…
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