There’s No End in Sight for Cannabis Retail Growth

Part of the Cannabis Intelligence Briefing series. The cannabis retail business is rapidly transitioning from its single-store roots into a classic specialty chain opportunity. Because of federal prohibition, however, these specialty chains, unlike specialists in earlier new product categories, will have several years to expand their footprints and establish their brands before major retailers.

The Daily Spike: Law allowing courtroom canines passes in Colorado The next day, AMC Network, home to shows like "The Walking Dead," invited Spike and his Canine Companions friends to a "Yappy Hour" where they invited all their employees to spend time in.

According to a research report provided by Marijuana Business Daily, cannabis retail sales growth-rates remain strong year-over-year as new markets emerge and more states legalize medical and recreational cannabis. Sales in 2018 are expected to increase by roughly 50% compared to last year, meaning sales value is on track to reach USD 8 Billion – USD 10 Billion by December of

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Global Consortium, Inc., is building America’s First Cannabis Mall, which when completed will house Manufacturing, Distribution, Delivery, Retail, Testing. in this press release are reasonable,

1 day ago. Setting the blueprint for this growth in sales is our neighbor to the north, Canada.. On an aggregate basis, recreational cannabis sales have totaled CA$688.58. Admittedly, there is no precedent for legalization within an. it can to improve efficiency on its end, but is as the mercy of supply issues that are.

There’s little doubt that the U.S. is going to be the most lucrative legal cannabis market, once it’s fully up and running, and assuming pot is legalized federally. And while the No. 2 spot has.

The american lung association went further, saying in a statement that “no one. s rapid growth has been accompanied by.

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Achieving profitability is no small feat in today’s cannabis industry, where many companies continue to rack up massive losses in the name of rapid growth. Canopy growth ceo bruce linton was famously dismissed after a set of earnings that Canopy’s largest shareholder constellation deemed disappointing.

No timeline has been provided for when the rules will be released. Florida’s medical marijuana patient count surpassed 100,000 in April , a milestone that triggers the addition of four more MMJ business licenses and allows existing licensees to open five more dispensary locations each.