The pre-roll. Simple. Effective. This isn’t your average joint. The pre-roll, otherwise known as a professionally rolled marijuana cigarette, has seen a jump in popularity. Sales of pre-rolls were up 50% in 2020. If you thought covid-pandemic precautions would dampen pre-roll demand, you were wrong. In fact, pre-rolls were the second-fastest-growing product category. Flower was […]
read moreThey’ve risen, then crashed, and they have risen again. I’m not talking about Jesus. I’m talking about the co-founders of MedMen. After getting booted from their leadership positions last year in a move discussed extensively around the industry, former MedMen CEO Adam Bierman, and former company president Andrew Modlin, have re-emerged. This time, they’re working […]
read moreTalk about flower power. Since COVID officially became a thing, there’s been unrelenting, unprecedented demand for cannabis flower in California, Colorado, Nevada and Washington. The corresponding retail prices for flower have jumped too. Retail data provided by Headset, a cannabis analytics company in Seattle, revealed that retail flower prices in those four Western states grew […]
read moreWhat do greeting card companies, chocolatiers, and weed have in common? They’re all competing for Valentine’s Day sales, and cannabis is starting to make a noticeable splash in the space. Need proof? Headset, the Seattle-based data analytics firm, has tallied the sales numbers. The information is telling; topicals, edibles, and infused marijuana product sales go […]
read moreMoon rocks. Oil. Rosin. Live resin. Shatter. Sugar. Terp sauce. Wax. Kief. Budder. Distillate. Crumble. These are just a sampling of the products that make up the concentrate market. The vaping health scare of 2019 has been a boom for concentrate sales. Sales of concentrates, which deliver a strong THC dose compared to other products, […]
read moreThe downward trend in all things vape kicked off in 2019 and hasn’t picked up since. Despite the downturn, there are signs that a product rebound is on the horizon. The good news? Growth is happening again. The Seattle-based data analytic firm Headset reported that in California, Colorado, Nevada, Oregon, and Washington, vape sales jumped […]
read moreWeedmaps, founded in 2008 and profitable every single year, is going public via a deal that values the company at $1.5 billion (yes; with a ‘B’). According to a news release, WM Holding Co. will merge with blank-check acquisition firm Silver Spike Acquisition Corp. and get the coveted Nasdaq listing. The company expects to see […]
read moreBack when California legalized medical marijuana in 1996, a whopping 7,308 days passed from that benchmark to when recreational adult-use launched officially. That’s 20 years, in case anyone was wondering, and a sharp contrast to California’s reputation as a liberal state. Despite the tortoise-like pace of California, western states have bravely fought for medical marijuana […]
read moreEven the numbers are high: retail sales of cannabis in the United States and Canada trend up, up, and up. Cannabis — in abundant quantities — has become the sweet spot in a relatively dire year. Canada Recreational adult-use kicked off in October 2018, and it’s grown steadily since. According to sales data from Statistics […]
read moreCannabis has been a true essential for many during COVID-19. In contrast, many businesses have shuttered during the pandemic, while the weed industry has been posting explosive sales figures. Throw in some pending federal legalization, and you have yourself a lucrative industry on a level that hasn’t been experienced in decades. Unlimited earning and growth […]
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