By Harrison Bard, CEO and co-founder Custom Cones USA In the ever-evolving landscape of legalized cannabis, the pre-roll emerges as a potent symbol of accessibility and convenience. This simple product, essentially ready-to-smoke cannabis rolled into a paper, has not only captured the hearts of consumers but has also dominated sales, …
California State Fair to allow cannabis sales, consumption this summer
The California State Fair in Sacramento is poised to become the first such institution to allow marijuana sales and consumption when the fair convenes on July 12. The new development builds on a cannabis competition launched by State Fair officials in 2022 that has attracted more than 500 entries for …
Blüm Holdings sheds cannabis dispensary in debt-cutting move
Blüm Holdings Inc. (OTCQB: BLMH) has taken a major step in its bid to restructure its finances, selling a prized retail dispensary for $24.8 million to slash debt. The Santa Ana-based company said Tuesday it completed the sale of its Blüm Santa Ana cannabis store to Haven Nectar LLC. The deal …
Number of the Week: $6.73
$6.73 – Average price of a pre-roll in the U.S. (April 2024) In April 2024, the average cost of a pre-roll dipped to $6.73, down from $8.03 the previous year, marking a significant 16% year-over-year decrease, according to data from cannabis analytics firm Headset. This trend is largely attributed to …