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Business Issues/Benchmarks > Competition in the Cannabis Market | Cannabis Business Times
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Competition in the Cannabis Market
Cannabis Conflict in Chicago: Cresco Labs Sues Green Thumb
The company filed a lawsuit accusing a former employee of violating a noncompete clause when he was hired by Green Thumb Industries.
Colorado’s Next Chapter
Still struggling amid market challenges, state cannabis operators say they hope the worst is behind them and are focused on strategies for a brighter future.
2023 State of the Cannabis Cultivation Industry Research
The cannabis economy’s ups and downs can feel like a seesaw, and operators continue to chase profitability. But this year’s research uncovered notable positive takeaways.
Shift With Seasons
Though price compression remains a significant challenge in many states, wholesale pricing data shows cannabis companies have weathered economic storms before.
California Department of Cannabis Control Solicits Proposals for Cannabis-Related Research
DCC will fund up to $20 million in cannabis-related academic research by California public universities.
Veritas Brings Cannabis 'Four-Packs' to Colorado
The Aurora, Colorado-based operator is doing its part to creatively meet the local consumers’ needs while embracing education and experiences in the process.
UPDATE: California Governor’s New Budget Proposal Calls For Fewer Taxes, More Retail, New Method of Excise Tax Collection and Remittance
The revised proposal includes setting the cultivation tax at zero, moving the excise tax collection and remittance from distribution to retail, and funding jurisdiction to increase consumer access to legal cannabis.
Leveling the Field
Pennsylvania’s Falling Wholesale Cannabis Prices Not Reflected at Dispensaries
The state’s medical cannabis program director calls out retailers for not passing wholesale savings on to customers.
Michigan Cannabis Flower Price Dips $171 Per Ounce in One Year
While overall sales are up, the state’s falling retail prices could continue, all while a 350,000-square-foot indoor grow facility progresses.
2022 Cannabis Market Opportunities
On average, Edibles is the most competitive category—followed by Pre-Rolls—in Michigan, Oregon, Arizona, and Colorado
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