Business Issues/Benchmarks: Page 95

The Green Organic Dutchman Closes Sale of HemPoland Subsidiary

Sean Bovingdon, CEO OF The Green Organic Dutchman, said the company will now focus on growing its business in Canada.

Arkansas Medical Cannabis Sales Top $23 Million in August

The state’s 38 licensed dispensaries sold $23.3 million worth of products last month.

11 Lawsuits Challenging Connecticut’s Adult-Use Cannabis Licensing Process Consolidated as One

Only one of the dozen lawsuits against the state has not been included.

How Cannabis Operators Can Get Involved at the Federal Level

Irina Dashevsky, partner at Greenspoon Marder and co-chair of their cannabis practice group, describes why cannabis operators should get involved at the federal level and the steps they can take to get there.

Illinois Cracks $1 Billion in Adult-Use Cannabis Sales So Far in 2022

The state’s retail market is humming along with a 16% increase in sales compared to 2021.

CBD Use 'Automatic Disqualifier' For FBI Applicants

FBI officials from Denver said individuals must wait at least one year from their last CBD or cannabis consumption to apply for a role with the agency.

Nabis, Equity Trade Network Partner to Promote Cannabis Equity

The collaboration between Nabis and Equity Trade Network will eliminate barriers for BIPOC, LGBTQ and veteran-led cannabis brands to help them get shelf space in California dispensaries, according to a release.

SKUs, Online Orders and Delivery

Online and delivery offerings are on the rise, according to 2022 data from the "State of the Cannabis Dispensary Industry Report."

Monthly Sales, Annual Revenue and Profits

For many traditional retailers, last year held surprises at every turn—some good and some bad. Cannabis retailers haven’t been immune, according to sales and profit data from the 2022 Cannabis Dispensary State of the Industry Report.

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.

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