Tag: united states
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How Do Cannabis Industry Loan Default Rates Compare To Mainstream Businesses?
Many headlines were made in the last year that focused on the net financial losses for many of the world’s largest cannabis companies. The losses can be attributed to a number of factors, and are not limited to any single market. Small and medium-sized cannabis companies in the legal industry are better at staying current…
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Average Price For A U.S. Cannabis Pre-Roll Was $6.73 In April 2024
Pre-rolled cannabis joints are very popular with cannabis consumers in legal U.S. markets. Most legal cannabis dispensaries in markets in the United States offer pre-rolls in a variety of amounts, from sales of single pre-rolls to packs of several pre-rolls. “In April 2024, the average cost of a pre-roll dipped to $6.73, down from $8.03…
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Which Markets Does Cannabis Data Company BDSA Track?
Cannabis data company BDSA describes itself as helping “businesses improve revenues, reduce innovation risk and prioritize market expansion with accurate and actionable cannabis market intelligence, consumer research and advisory services.” “The company provides a holistic understanding of the cannabis market by generating insights from point-of-sale data, consumer research and market forecasts.” BDSA also states. The…
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Medical Cannabis Packaging Market Projected To Reach $117.2 Billion By 2032
The global cannabis packaging market is projected to reach $117.2 billion in value by 2032 according to a recent analysis by Astute Analytica. The entity describes itself as “a global analytics and advisory company.” “The global medical marijuana packaging market was valued at US$ 6.5 billion in 2023 and is projected to reach US$ 117.2 billion…
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How Much Does Legal Cannabis Cost In The United States In 2024?
Currently, 24 states in the U.S. have adopted adult-use cannabis legalization measures, with all but one of them (Virginia) incorporating regulated cannabis sales as part of their legalization models. Cannabis remains prohibited at the federal level in the United States. The first states to adopt recreational cannabis legalization measures were Colorado and Washington during the…
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How Many Government Contracts Does Metrc Have?
Metrc describes itself as “the most trusted and experienced provider of cannabis regulatory technology systems in the United States” and that their “solution combines advanced software, radio-frequency identification (RFID), a dedicated customer support team, and a secure database to track cannabis from growth, harvest, and processing to testing, transport, and sale.” “Metrc is currently engaged…
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How Popular Are Cannabis Drinks And Beverages In The United States?
Products in the cannabis drinks sector can come in various forms, including infused tonics and sodas. Some companies are incorporating resealable tops to their cannabis-infused sodas, which is very helpful when trying to stick to a precise dosage. An example can be found in the video below: According to cannabis data company BDSA, and as…
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U.S. Hemp-Derived THC Beverage Market Projected To Reach $4.1 Billion By 2028
The United States hemp-derived THC beverage market is projected to reach $4.1 billion by 2028 according to a recent market analysis by Euromonitor International. The researchers at Euromonitor International estimated that the market was worth $239 million in 2023. The hemp-derived THC beverage sector has greatly benefitted from the national 2018 Farm Bill that legalized hemp…
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Global Cannabis-Infused Drinks Market Projected To Reach $8.7 Billion By 2032
The global cannabis-infused drinks market was estimated to be worth $400 million in 2022 and is projected to reach $8.7 billion in value by 2032 according to a market analysis by Fact.MR. The market analysis entity is located in Ireland. “This astounding market growth is because worldwide demand for cannabis infused drinks is estimated to…
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25% Of Cannabis Consumers Report Using Products For Pain Relief In NuggMD Survey
Online medical cannabis platform NuggMD describes itself as taking “a modern approach to connecting patients with medical professionals,” and using their “telemedicine platform means that you can meet with a qualified medical professional in your state from the comfort and privacy of your living room,” according to their website. NuggMD recently conducted a survey of…