Cannabis Price Compression: Page 4

Green Thumb CEO Warns of ‘Washout’ for Cannabis Industry

The company reported $1 billion in revenue for 2022 with a net income of $12 million on a GAAP basis.

Canadian Cultivators Say Need For Reform 'Urgent'

Canadian operators are still navigating myriad challenges—including tax burdens, a strong illicit market and disparate provincial regulations—four years after adult-use sales launched.

Agenda Now Live for Cannabis Conference’s VIP Cultivation Roundtable

Cannabis Conference planning is ramping up. Here’s what’s planned for the VIP Cultivation Roundtable, a forum for growers to gather and share solutions to the industry’s most pressing challenges.

Inside the Cannabis Market in Massachusetts, Operators Find (Cautious) Optimism

Wholesale cannabis prices are on a sharp decline across the market. What’s a licensed operator to do?

Pennsylvania’s Medical Cannabis Operators Grapple With Price Compression, Illicit Market

Executives from Ethos Cannabis and Jushi Holdings share the economic challenges they face in the Keystone State and how increased regulatory oversight and adult-use legalization could alleviate some of the pressure.

How Stone Road Farms Maintains Steady Growth Amid Industry Challenges

The California-based company rounded out last year with 50% year-over-year growth from 2021 despite operating in a market that owner Lex Corwin describes as “inherently broken.”

SNDL Initiates Mass Layoff in Cost-Saving Measure in Alberta

The company’s headcount reduction includes roughly 85 employees as it expects to report record net revenue and net cash for Q4 2022.

Michigan's Plummeting Cannabis Prices: A Closer Look

Will Bowden, CEO of Grasshopper Farms, gives an inside look into Michigan's cannabis market and how the company is navigating price compression.

Massachusetts Cracks $5 Billion in Total Cannabis Sales

The state’s consumer demand is still growing faster than prices are falling, but that gap closed significantly in 2022.

The Fire Station Embraces Employee Autonomy and Millennial Culture

Stosh Wasik and Logan Stauber, the owners and CEOs of The Fire Station, reflect on how the Upper Peninsula, Mich., company ensures a positive, empowering work environment.

‘Progress, Not Perfection:’ Lilach Mazor Power Reflects on Her Role as Board President of the Arizona Dispensaries Association

Power, founder and CEO of Giving Tree Dispensary, reflects on the current state of Arizona’s cannabis market and what’s to come for business operators this year.

Curaleaf Announces Closure of Operations in California, Colorado, Oregon

The proactive exit will generate additional cash and improve margins in a non-SAFE Banking environment; 2023 free cash flow is expected to exceed $125 million.

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