10% – Percentage of cannabis consumers who prefer strains with 6%-10% THC content A common theme resonating through many recreational cannabis markets is: How high can we get the THC level? But low-THC strains may be gaining in popularity. This year, more consumers have said they prefer this range of …
Tag: Investing
The Daily Hit: December 1, 2023
The Daily Hit is a recap of the top financial news stories for Dec. 1, 2023. On the Site 2023 Farm Bill Primer Addresses Proposed Amendments Last week the Congressional Research Service issued a report on the 2023 Farm Bill which focused on hemp industry issues. The primer, written by …
Exclusive Interview: Behind New York’s Crackdown on Out-of-State Brands
The proliferation of marijuana brands from out of state has become a bone of contention among some in the New York cannabis industry. Until now, brands have been allowed to enter the New York market legally via simple licensing and white label deals with permitted processors, but soon they will …
Cansortium Sees Opportunity in Florida – Even Without Adult Use
Florida-based multistate operator Cansortium (CSE: TIUM.U) (OTCQX: CNTMF) reaffirmed its plans to expand operations in its home state and other markets during its third quarter earnings call, despite multimillion-dollar losses this year and uncertainty over the Sunshine State’s proposed adult-use marijuana ballot measure next year. CEO Robert Beasley said the …