While cannabis has its own unique considerations, it aligns with general retail on at least one front: Cannabis retailers typically experience a drop in sales in the first quarter, with the come-down from end-of-year holiday celebrations translating to a decrease in purchases. 2024 looks to be no different. Equity analyst …
Report: Alaska still pays the highest price for marijuana
According to the latest 2024 Wholesale Pricing report by LeafLink, where you live determines how much you pay for marijuana. The new report broke down the prices paid in legal markets across the U.S., and consumers in some states are paying considerably more for their cannabis products. Comparing 2022 to 2023, …
Schwazze predicts ‘shakeout year’ for Colorado cannabis market
While other states may be getting more attention these days, the oldest adult-use market in the U.S. and its neighbor to the south still offer some solid opportunities, according to Medicine Man Technologies (OTCQX: SHWZ) (Cboe: SHW), which operates as Schwazze. During its latest fourth quarter 2023 earnings call, the …
The Daily Hit: March 26, 2024
The Daily Hit is a recap of the top financial news stories for March 26, 2024. On the Site Organigram enters US with $2M hemp stake Canadian cannabis producer Organigram Holdings Inc. (NASDAQ: OGI) has taken steps to enter the U.S. market. The firm invested $2 million in Open Book …