As talks revolving around the federal legalization of cannabis splinter in Congress, the question of whether the nascent industry can eat beverage alcohol’s margins remains a growing one. In a report, titled, “Is Cannabis a Threat to Alcohol Sales?” BDSA Consumer Insights contends that while the crop is as popular as ever, any real breakthrough […]
If predicted trends prove to be true, this Thursday, June 30, may be the busiest cannabis retail sales day for summer 2022, as Americans in legal states get ready to celebrate the long 4th of July weekend. Cannabis consumers are likely to celebrate independence by indulging in their favorite flower and other products that enhance […]
According to cannabis data firm Headset, since the launch of cannabis beverages in Canada around January 2020, the market share of this category has seen significant growth until reaching a peak of 2.1% of the total Canadian market in December of 2021. With a long history of beverages in the US, market share has experienced […]
The Luxury Meets Cannabis Conference was recently held in New York City and featured some of the top luxury brands in the cannabis space. Since New York doesn’t have a legal cannabis program yet, the brands are mostly CBD and many are centered around beauty. Still, not every company at LMCC was a beauty brands, […]
The fast-acting edible company 1906 has secured a seven-figure investment from Connecticut Innovations (CI), Connecticut’s strategic venture capital arm and the leading source of financing and ongoing support for Connecticut’s innovative, growing companies. According to the company statement, it is a first-of-its-kind investment by a state venture fund in a cannabis business. “Along with our confidence in […]
The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis