For companies operating retail cannabis facilities—or any kind of cannabis operation—financial issues and uncertain regulatory environments have been ongoing concerns. Data from this “State of the Cannabis Dispensary Industry Report” indicates those concerns aren’t fading.
When citing their top three challenges as a cannabis dispensary operator, 45% of 2022’s dispensary research participants named “financial issues (e.g., lack of banking, raising capital, taxes)” in their top three—an increase of 10 percentage points from the 2021 study. The same percentage included “changing/unclear state and federal legal landscape” as a top-three challenge.
“Marketing restrictions,” the most commonly cited challenge in 2021, completed this year’s top three, named by 42% of participants. Farther down the list, but interesting nonetheless: 26% of this year’s participants named “compliance” as a top-three challenge, an increase of 10 percentage points from last year.
Click here to view the 2022 State of the Cannabis Dispensary Industry Report.
