Sector News The U.S Marijuana Industry Could Become a $130 Billion Business by 2024 by Sophia Vida July 23, 2020 According to estimates recently published in the Marijuana Business Factbook, the US cannabis industry’s economic impact could hit $130 billion by 2024. This would be an increase from $38 billion-$46 billion in 2019 to $106 b...
Legal Related A DOJ Whistleblower Says Attorney General Bill Barr’s Personal Anti-marijuana Sentiment Fueled Investigations by Sophia Vida June 25, 2020 A Department of Justice whistleblower has said that Attorney General Bill Barr improperly went after cannabis suppliers because of his personal feelings about the industry. According to testimony released this wek, John Elias, ...
Trends & Articles This State Has the 2nd Highest Number of Marijuana Dispensaries Per Capita by Sophia Vida February 19, 2020 According to a new study by Verilife, Oklahoma surprisingly has the 2nd highest number of marijuana dispensaries per capita. The state has beat out Colorado and California. Verilife, which owns dispensaries in several states, h...
Trends & Articles Analyst Thinks Sales of Marijuana in the U.S. Will Head Higher by Sophia Vida July 03, 2019 Canaccord Genuity is pretty optimistic about where marijuana retail sales in the U.S. could head to. Analyst Bobby Burleson with the firm believes that retail sales could reach around $22 billion by 2022. The analyst wrote in a...
Trends & Articles Fasting Growing Industry is Marijuana in the U.S. by Sophia Vida March 16, 2019 According to a new report, marijuana is at the top of the list when it comes to fast growing industries. The report from Leafly and Whitney Economics has found that the marijuana industry added 64,389 jobs in 2018, an increase ...
Trends & Articles Marijuana Experts Comment on Jeff Sessions Resigning as Attorney General by Sophia Vida November 14, 2018 It was sudden, shocking, and celebratory for the marijuana industry when Jeff Sessions abruptly resigned as Attorney General by the request of President Trump. Several marijuana industry experts had something to say about his r...
Trends & Articles This is How Many People Work in the Marijuana Industry by Sophia Vida May 22, 2018 According to Chris Walsh, an industry analyst and the Editorial Vice President of MJBizDaily, there are 125,000-160,000 people working full-time in the legal marijuana industry. Jobs including growing, processing, selling, and ...
Sector News Denver Marijuana Software Business Is Acquired in 4-Way Merger by Sophia Vida May 16, 2018 Baker Technologies Inc. is a developer of software for marijuana businesses and is located in Denver, Colorado. It was announced on Tuesday that the start up company has been scooped up into a four-way merger. Baker will now...
Trends & Articles Employment in the Marijuana Industry is Growing at an Exponential Rate by Sophia Vida April 10, 2018 According to ZipRecruiter.com's co-founder and CEO, Ian Siegel, there is one industry that is the fastest growing job category in the U.S. That industry is marijuana. Siegel's company has called marijuana the "fastest growin...
Trends & Articles Marijuana Sales May Outpace Soda Sales by 2030 by Sophia Vida April 05, 2018 According to Cowen & Co., a research firm, the legal marijuana industry in the U.S. could one day outpace the sale of soda. The firm expects the legal cannabis industry in the U.S. to hit $75 billion by the year 2030. Previ...