State of the Cannabis Cultivation Industry

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.
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'Enormous Potential'
The results from the 2023 State of the Cannabis Cultivation Industry Report reflect the cannabis economy's erratic nature, but despite challenges, there are signs of growth.
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2023 State of the Cannabis Cultivation Industry Report
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.
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Endless Potential Ahead
From left: Mark Dunson, Peter Sashin and Kermit Blaney
2023 State of the Cannabis Industry Sound Off
A compilation of quotes and commentary chronicling this moment in the cannabis market.
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A Bright Future For Cannabis: State of the Industry 2022
Cannabis Business Times Editorial Director Noelle Skodzinski delivered the State of the Industry keynote address to kick off the Cannabis Conference, where she highlighted opportunities and challenges ahead for the industry.
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Growth Despite Headwinds
Cannabis cultivation companies report increased revenues in industry study despite challenges of 2020.
Special Report: 2021 State of the Cannabis Cultivation Industry Report
Cannabis market growth continues despite persistent challenges.
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Expanded Focus for an Expanding Industry
Now in its sixth iteration, this year’s 'State of the Cannabis Cultivation Industry Report' grew its focus as the industry continues to morph into its next phase.
‘Steady as She Goes’
Despite the economic challenges of 2020 due to the COVID-19 pandemic, most cannabis cultivators who participated in the research reported rising or fixed revenues in their most recently completed fiscal year compared to one year prior.
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Cannabis Study Reveals Production Costs Decreasing for Growers
Industry research shows cannabis growers are improving growing efficiencies each year, whether they cultivate indoors, in greenhouses or outdoors.
Whether growing in a greenhouse, in a warehouse/indoors or outside, cannabis cultivators are running more efficient operations, as seen by the decrease in production costs.
Indoors, Greenhouses or Outdoors: Where Are Cannabis Cultivators Growing?
Five years of data from Cannabis Business Times' exclusive research report reveals shifts in the type of facilities cannabis growers are using to cultivate their crops and a trend toward expansion and larger plant canopies.
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