Washington

Fri
12
Feb

Concentrate Sales Are Up 40 Percent. Here's Why.

blocks of letters spelling out Sales on top of stacks of coins

Sales of marijuana concentrates shot up more than 40 percent last year and accounted for a larger share of the overall cannabis market, as consumers became more comfortable with the intricate process of dabbing and new technology has made the products easier to use.

In addition, some consumers are moving away from vape products because of respiratory-related health concerns and turning to concentrates such as wax, hash and shatter, according to industry insiders.

Thu
28
Jan

Legal cannabis adds $2 billion to Wash. state economy, report finds

marijuana plants

Washington state's cannabis industry has grown at a "staggering rate" since the drug was legalized, adding an estimated $2 billion to the economy and generating total tax revenues of more than $883 million, according to a new report.

The report, by Washington State University, also found that the cannabis industry can grow even more with new innovations and nurturing from state lawmakers.

Thu
21
Jan

States Enter the Billion Dollar Cannabis Club For 2020

As states report cannabis sales numbers for 2020, record highs continue across the country. It’s become a billion-dollar business for several states, blowing out levels that states had estimated when originally planning legalization.

Mon
30
Nov

The 10 Best U.S. Cities To Start A Cannabis Brand In Right Now

Palm Trees

Starting a cannabis business in the US takes a lot of planning, effort, and patience.

However, it’s doable if you choose the best US state for such a business.

According to some of the most recent statistics, the cannabis industry is among the fastest-growing industries globally.

Therefore, it’s a perfect time to start this type of business.

Cannabis state laws are becoming increasingly lenient, while the demand for recreational and medical cannabis has never been higher.

The best way to see just how great a cannabis business can be, take a look at the Toronto Cannabis Dispensary. 

If you want to start your cannabis dispensary, here are the ten best US states for such a business.

Tue
10
Nov

10 Best Places To Start A Cannabis Business in the U.S.

Starting a cannabis business in the US takes a lot of planning, effort, and patience.

However, it’s doable if you choose the best US state for such a business.

According to some of the most recent statistics, the cannabis industry is among the fastest-growing industries globally.

Therefore, it’s a perfect time to start this type of business.

Wed
04
Nov

Why Social Equity Matters For Cannabis, And What States Are Doing About It

The means of commercially producing, selling, and profiting from cannabis are, so far, incredibly concentrated in the hands of white business owners.

Introduction to social equity

Let’s get one thing straight — the world needs cannabis. Even as far back as 485 BC (just about 1,500 years ago), Greek historian Herodotus described the pot- smoking rituals of ancient Scythians.

In China, archaeologists uncovered evidence of cannabis use dating back 2,500 years. When considered in this light, cannabis is a human right — and a sacred one at that.

What does all of this have to do with social equity in the cannabis industry here and now?

Wed
04
Nov

Is cannatourism in Washington on the rise?

According to an article released by the Washington Tourism Alliance in June of this year, tourism in Washington State has seen double digit growth during the past five years, generating $10.9 billion in direct state GDP in 2019 alone – before the industry’s near total shutdown in early spring 2020 due to COVID-19.

Since the beginning of March, visitor spending in the state has declined by $3.8 billion compared with last year’s figures. Yet, cannabis sales have continued to rise, with sales in June and July significantly surpassing last year. Cannabis-themed tours are also in full swing, driving direct traffic to retailers.

So, as reopening phases continue, is it possible we could see a boost in tourism based on cannabis sales alone? Some experts say it’s very likely.

Fri
09
Oct

Here’s how cannabis ads, store location influence marijuana use in youth

Advertising and location of cannabis retailers influence adolescents’ intentions to use marijuana, according to a new study. The new study led by Washington State University researchers was published in the Journal of Health Communication.

Fri
02
Oct

The Age of Cannabis Delivery

The timeline of cannabis in America is certainly a tumultuous one. From being spiritually and ritualistically used by Native Americans, to being vilified and criminalized by early 1900’s government officials leading to a 75 year prohibition, to an explosive “war on drugs” that had a choke hold on American culture for over two decades, marijuana and its users have been on a seriously wild ride.

Tue
22
Sep

Millennials Prefer Smoking Their Cannabis

A new report from analytics company Headset found millennials to be the biggest category for cannabis consumption in California and their overwhelming choice for form factor is smoking. The latest report on August sales read, “Millennial Males contributed to the most sales with 37.5% of the market share.” Millennials in general spent 43% of their money on flower, 9% on pre-rolls, and another 23% on vape pens. Making almost two-thirds of all purchases in the inhalant category.

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