Business Issues/Benchmarks: Page 100

Transactions, Tickets and Banking Trends

2022 data on cannabis dispensary transaction volumes show a plurality of participants with 100 or fewer purchases per day, and just over half reported average baskets between $41 and $80.

‘Charge These People More:’ Florida Governor Says Medical Cannabis Businesses Should Pay More for Licenses

Gov. Ron DeSantis told reporters this week that the state’s medical cannabis licensing fees should increase.

Examining the Cannabis Dispensary Market

When state legalization of medical and adult-use cannabis began to spread, consumers who crossed dispensary thresholds were just happy to have access to legal product.

An Exceptional Time

It’s an interesting time to take the pulse of the industry, on the heels of a pandemic that brought record-breaking sales.

Boots on the Ground

Body and Mind works to find footholds in emerging cannabis markets through strategic partnerships while building its business in booming states.

Minnesota Regulators Accepting Public Comment on Adding Qualifying Conditions to Medical Cannabis Program

Oct. 5 is the deadline for feedback.

Alabama Regulators Start Accepting Requests for Medical Cannabis Business Applications

The Alabama Medical Cannabis Commission began requests for accepting applications for cultivation, processing, transportation and dispensary licenses on Sept. 1.

Green Sentry Acquires MedMen’s Florida Assets, Announces Sunburn Cannabis

The Florida-based operator acquired MedMen’s vertically integrated license, which includes a cultivation and processing facility, as well as 14 dispensaries throughout Florida.

Detroit Opens Applications for First Phase of Adult-Use Cannabis Business Licenses

The application period runs Sept. 1 through Oct. 1 for retail, microbusiness and designated consumption establishment licenses.

Eastern Cannabis Markets Expected to Dominate

Brightfield Group anticipates most industry growth in the next five years to come from states that have recently legalized adult-use and expected to launch sales soon.

Organic Remedies MO, Inc. Announces Strategic Partnership with Tyson 2.0

The exclusive licensing agreement will bring the cannabis brand to Missouri.

Guam Officials Now Accepting Cannabis Identification Card Applications

The Department of Revenue and Taxation began taking the applications Aug. 29 in a step toward issuing cannabis business licenses.

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