From 2018 to 2019, legal cannabis sales worldwide grew 46% to $14.7 billion, according to market researchers BDSA and Arcview Market Research. Comparatively, the sector saw a 16% growth in 2018. The analysts say recreational cannabis sales in Canada, California, and Massachusetts, and medical cannabis expansions in Florida and Oklahoma represented the largest contributors to 2019’s sales growth. Curated from Ganjapreneur
Total cannabis job opportunities in the U.S. rose 79 percent from 2018 to 2019 with an estimated 211,000 full-time employees in the space this year. The analysis also suggests that there will be 414,000 new jobs in the cannabis industry by 2021. According to the report, high-demand positions include budtenders, brand ambassadors, cultivation technicians and […]
When extra supply meets the standard demand, prices drop. Not this year. A range of factors including legalization, supplies, increased demand, and weather have combined to limit the annual glut of outdoor. “This year is different,” said Adam Koh, editorial director at Cannabis Benchmarks, a Denver-based cannabis data company. “This is the first time in a […]
Update (8/21/14): Bedrocan Set To Go Public On Monday, August 25 Private Health Canada’s medical marijuana license holder, Bedrocan, is expected to go public this month, making the company the second licensed MMJ producer to do so in Canada after Tweed entered the market in early April. Experts are wondering if market leader Tweed will keep its number one […]
Washington state’s new recreational marijuana shops will open next week for the first time to legally sell marijuana to adults. But there’s a problem: They’re low on weed. “Supply is going to be tight as this market launches,” said Brian Smith, communications director for the state Liquor Control Board –the agency charged with regulating the […]