Retail

The cost of cannabis products has dropped over the past year due to impacts from the coronavirus pandemic and supply chain issues, according to cannabis analytics firm Headset.

The Virginia Senate passed a bill on Tuesday that would let adult-use cannabis sales begin on September 15 but limit licenses to the state’s current medical cannabis companies.

A Washington bill that passed the state Senate unanimously last week would increase penalties for robbing licensed cannabis retailers.

New Jersey’s adult-use sales are unlikely to begin next month, according to the state’s top cannabis regulator.

Prince George Airport in British Columbia, Canada could soon become the first airport in the world with a licensed cannabis dispensary.

Arizona set a new record in November, topping $60 million in monthly adult-use cannabis sales for the first time.

Illinois set a new adult-use cannabis sales record last month, topping $138 million and more than doubling its annual sales.

Cannabis in Massachusetts has reached its lowest average price since the initial pandemic lockdown at $340 per ounce.

A new report by cannabis data and analytics firm Headset projects that the U.S. cannabis industry could reach a $45.8 billion market potential by 2025.

San Diego officials are gathering feedback on a proposal to eliminate certain zoning rules that could increase the number of cannabis dispensaries in the city by up to 40%.

The Colorado Department of Revenue Average Market Rate report for rates effective January 2022 saw prices fall across five cannabis categories.

Visa issued a warning recently against dispensaries using “Cashless ATMs” to mimic the process of purchasing cannabis products with a credit or debit card.

Chris Ray is the general manager for The Tree House, a cannabis dispensary in Anchorage, Alaska.

Indigenous and Native American tribes have stewarded the land in North America for countless generations. Today, Indigenous-owned cannabis and hemp brands are thriving in the industry despite regulatory obstacles including licensing issues, local restrictions, and more.

Massachusetts has sold $2.3 billion worth of cannabis in the three years since the first adult-use stores opened in 2018.

Illinois’ total adult-use cannabis sales reached $1 billion during the month of September, which saw $120 million in sales.

Senate Democrats have removed a provision from a proposed appropriations bill that has prevented Washington, D.C. from allowing cannabis sales to adults.

Canadian cannabis retailer Superette partnered with designer Emily Robinson on a dispensary that resembles a retro grocery store.

Flowhub, a retail point-of-sale platform for cannabis dispensaries, announced on Tuesday the closing of $19 million in strategic funding. The sum includes a personal investment by Shawn “Jay-Z” Carter.

Mimi Lam is the co-founder and CEO of Superette, a boutique Canadian retailer that is working to transform the cannabis shopping experience.

Cara Wietstock, host of Fresh Cut by Ganjapreneur, meets with Bianca Blanche, a former budtender turned host of That Budtender Podcast. They discuss how the retail sector can improve, what attributes make a good budtender, and how to grow a career within the cannabis industry in a conversation between two former career budtenders that gets pretty real and pretty fun.

Cresco Labs last week completed its $90 million takeover of Massachusetts’ Cultivate, acquiring three operational dispensaries and 42,000 square feet of cannabis flower canopy.

Cannabis sales in Maine set yet another record in August, topping $10 million in one month for the first time.