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The establishment of regulated cannabis retailers is associated with a decrease in localized criminal activity, according to data published in the journal Regional Science and Urban Economics. ” The majority of crime reduction is due to a decrease in non-violent criminal activity.
Adults who purchase retail cannabis typically report using it to mitigate pain and to improve sleep, and often use it in place of conventional medications, according to data published online today in the Journal of Psychoactive Drugs.
Pistil Data recently releases its market reports on the covering the top cannabis brands, products, and trends in every major cannabis category including vape, flower, edibles, and more. Pistil Data released market reports for 12 states, including Illinois. of the total products on dispensary shelves.
Licensed cannabis retailers in Colorado and Washington are highly compliant with state laws refusing the sale of products to minors, according to data published in the Journal of Studies on Alcohol and Drugs.
Incidences of the vaping-related lung illness EVALI (e-cigarette or vaping product use-associated lung injury) are primarily concentrated to jurisdictions where adult-use cannabis consumption is prohibited, according to data published in the Journal of the American Medical Association (JAMA) Network Open.
According to research by real estate data company, Clever , property values rose by $17,113 more in states where recreational cannabis is legal, compared to states where it’s illegal or just legal at the medicinal level. Clever combined data from Zillow, the U.S. Property values increase by $519 with each new dispensary a city adds.
Updated data provided today by the US Centers for Disease Control reports over 800 cases of acute respiratory distress linked to the use of portable vapor cartridges used to consume certain e-liquids. Charlie Baker this week instituted an emergency ban on the retail sale of all vapor cartridge products.
Adult-use retail cannabis access is associated with a decline in the sales of over-the-counter (OTC) sleep aid medications, according to data published in the journal Complimentary Therapies in Medicine.
When you walk into a hardware store, pharmacy, or even a liquor store, if you don’t know exactly what product will meet your needs there’s someone educated enough to point you to the right product and the data to back up that recommendation, says Tyler Dautrich, COO of Releaf.
Akerna Connect is an eCommerce software which provides a suite of digital marketing tools to retailers and dispensaries so locations can reach their consumers and enhance the shopping experience through online ordering, loyalty programs, and text messaging. The tools that Akerna Connect provides our dispensary are game changing.
Along with Cookies Planet 13 are the other retail outfit on the rise. Along with our dispensary operations, our product brands are continuing to gain traction. According to Headset data, HaHa was the number two edibles and number three beverage brand in the state and TRENDI was the number three concentrate and number six vape brand.
A USC-UC San Diego study released today found that California restrictions prohibiting children from cannabis dispensaries and associated cannabis marketing are not working as well as policymakers had hoped. Assessment of Recreational Cannabis Dispensaries’ Compliance With Underage Access and Marketing Restrictions in California.
By Oliver Bennett, Special Contributor to New Frontier Data. They have attracted tourism, leading to Barcelona’s being dubbed “ the new Amsterdam ”; with a lounge bar aesthetic, they offer a more hospitable ambience than the iconic coffeeshops of the Netherlands, with a social element missing from the typical retaildispensaries of the U.S.
Harnessing the power of Adobe Commerce, Airfield’s new e-commerce site ushers in an exciting era in cannabis retail, offering the most user-friendly, mobile-friendly, and dynamic online cannabis retail experience available anywhere in the U.S. the Silicon Valley-based dispensary he launched in 2010. SAN JOSE, Calif.–(BUSINESS
High employee turnover is always a problem for retail managers, but what about employee turnover in cannabis retail? Also known as “budtenders,” cannabis retail employees are the frontline of the cannabis industry. They are the people customers most interact with.
Best Point of Sale System for Cannabis Dispensary As the cannabis industry evolves, persistently and rapidly, the only constant is change. Dispensaries must employ strategic tactics to stay in the game. Fortunately, Pot Valet developed dispensary POS software that does just that. The best marijuana POS systems available today.
So far this year, 14 states have added a total of 276 new dispensaries/retailers. Marijuana Business Daily had a great article recently (citing our data) with insights from a local license holder who pointed out, “ You have to fill that store with product, pay rent or mortgage, hire employees. Read on for more details.
Oklahoma still retails the lead and has accounted for 249 of the 667 (37%). Rhode Island announced this week that the state Department of Business Regulation will begin accepting applications Friday from businesses hoping to win a license to operate one of six additional medical marijuana dispensaries. Those new licenses represent a 9.6%
Although medical cannabis has technically been legal in Missouri for over a year and cards have been issued, patients are still waiting desperately for dispensaries to open across the state. That, coupled with various limitations imposed by the coronavirus, means dispensaries may have a limited selection of products when they first open.
Over 200 scientists from around the world attended the four-day conference, which included 65 oral presentations and nearly 200 posters covering a wide range of topics – with the caveat that researchers had to present new, unpiblished data. None of the participants had been using any cannabinoid-based products prior to this study.
1-2019: Cannabis Consumer Retail Engagement. New Frontier Data’s Consumer Insight Series: Cannabis Consumer Retail Engagement , explores consumer purchasing habits and what influences them. Learn how dispensaries and online platforms can drive consumers from the illicit market. Therapeutic efficacy.
Although August total medical cannabis sales is estimated because of an uncorrected IDPH data entry error, Illinois medical cannabis sales for 2022 should be around $353 million. December’s retail sales included $14,255,331.28 December’s retail sales included $14,255,331.28 and 2020 totals of $357,119,378.27. ILNJ graphic.
Just over 500 participants from around the world attended the four-day conference, which included 65 oral presentations and nearly 200 posters covering a wide range of topics – with the caveat that researchers had to present new, unpublished data. None of the participants had been using any cannabinoid-based products prior to this study.
Across the country, retail stores and medical dispensaries are seeing large revenues, despite the even larger burden of regulations and the persistent federal prohibition of the practice. Many of the dispensaries, especially in Nevada, are seeing their efforts pay off. How do I start a dispensary? 1] [link] ; [link]. [2]
New data on the cannabis sales in Ontario’s legal cannabis market showed that the majority of cannabis purchases between July and September 2021 were from legal retailers. of “the pot purchases made in the province between July and September were linked to legal retailers.” The Rise of Ontario’s Legal Cannabis Industry.
July 7 or Dab Day is keeping the summer party going at dispensaries. Headset said that all data for the US is from CA, CO, MA, MI, NV, OR, PA, and WA unless otherwise noted. All data for Canada is from AB, BC, ON (private only), and SK. Retailers are never one to miss a holiday and offer a bargain to get shoppers into the doors.
Retail licenses for Oklahoma’s medical cannabis program declined 8% in 2020, the first contraction for the open-license market since MMJ sales began in 2018. To say there is retail saturation is an understatement.”. Despite the 2020 decline, the state led the nation in the number of retail licenses, ending the year with 2,057.
La Jolla, CA: The establishment of licensed cannabis retailers is not independently associated with an increase in traffic crashes, according to data published in the journal Health Economics. County-level evidence from recreational marijuana dispensary sales in Colorado,” appears in Health Economics.
CCB/DoT Release Annual Cannabis Taxable Sales Data. During Fiscal Year 21 (July 1, 2020 – June 30, 2021), licensed adult-use cannabis retail stores and medical dispensaries generated $1,003,467,655 in taxable sales. Taxable Sales Reported by Adult-Use Retail Stores and Medical Dispensaries. TAXABLE SALES.
Under Michigan law, licensed dispensaries are permitted to sell to registered patients from other states with legal medical cannabis. Historical data from the Ohio Medical Marijuana Control Program indicates that, as of the end of September, a tenth of an ounce of plant material (flower) cost $28.81 or $288.10 or $288.10
Cannabis Business Times and Cannabis Dispensary have launched the Best Cannabis Companies To Work For—2022. The awards program will identify and recognize the best employers in cannabis cultivation and dispensary markets, continuing the recognition the media brands debuted two years ago. Registration and recognition is free.
(CSE:GRIN | OTC: GRUSF) (“ Grown Rogue ” or the “ Company ”), a vertically-integrated, multi-state cannabis company, with operations and assets in Oregon, California, and Michigan, has released survey data suggesting the pricing in the Oregon cannabis market is recovering. . Survey Highlights. What Grown Rogue Sales Indicate.
Even though laws were put into place that legalized MMJ and made it possible for qualifying patients to access the medication, dispensaries and sales had not yet come into play. It wasn’t until October of 2020 that dispensaries began opening their doors to qualifying patients for the sale of medical marijuana.
OTCQX: INLB ) (“Item 9 Labs” or the “Company”), a vertically integrated, cannabis dispensary franchisor and operator that produces premium, award-winning products, today announced several strategic management hires to support its national franchise expansion. Item 9 Labs Corp. She joins Unity Rd.’s Currently, Unity Rd.
The approach will build the integrity of the licensed market – one that relies on science and data. “In We work with cultivators and dispensaries who truly care about the quality of their products and understand the value of reliable and meaningful data in the eyes of the modern consumer.
Marijuana Retail Report writes. The deadline for New York municipalities to opt out of allowing cannabis business operations ended on December 31 with 642 towns, villages, and cities choosing to bar dispensaries and 733 opting out of consumption lounges, according to Rockefeller Institute of Government data.
This acquisition brings in two key Enlighten features: SmartHub, a subscription software that powers in-dispensary digital menus and kiosks; and AdSuite, an in-store digital ad inventory for brands to reach consumers at the point of purchase. In our experience, no one works with more retailers and has more cannabis data than Weedmaps.
One covers delivery from a retailer or dispensary to the customer; the second covers wholesalers making deliveries from their own warehouse. Other considerations include: substance abuse, protections for young people, indoor clean air and data collection. The regulations create two types of licenses.
Oklahoma City medical marijuana dispensaries are plentiful, and so too are the profits they generate for the city. The city alone, not including any of the other cities in the metro area, now has nearly 195 dispensaries open and operational. Writes the Oklahoman. None of these surpassed $279,000 last month.
As legal cannabis dispensaries have become more common across the United States, many dispensary owners have been searching for solutions to make their businesses more profitable and run more easily. One of the best ways to help your business grow is to upgrade your cannabis payment processing for marijuana dispensaries.
That leaves dispensaries managing and protecting massive sums of cash, and the stores cannot offer a modern retail payment system to the consumer. The company will issue and process credit cards that will work in dispensaries. The service is expected to launch in January 2022, and accepted at 100 California retail locations.
Not everyone has dispensaries up and running yet, so this data doesn’t reflect sales in all 38 legal states. . According to the flash report, historical data shows cannabis sales typically spike the weekend before the 4th and Friday, July 2nd is expected to retail nearly $91,000,0000 – up 60% from an average Friday.
According to Cannabis Business Times , Aphria – one of Canada’s biggest licensed producers of medical and recreational marijuana – recently opened a dispensary in Kingston, Jamaica. “An states, providing medical marijuana through dispensaries. But establishing facilities and retail shops requires compliance, organization and security.
Hemp Benchmarks , a division of New Leaf Data Services and leading provider of financial, business, and industry data for the North American hemp markets, recently issued its report for July, which touches on some of the most high-profile talking points of the hemp market to date. New York has instituted similar restrictions.
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