• Cannabis Industry News

  • 著者： Quiet. Please
  • ポッドキャスト

Cannabis Industry News

著者： Quiet. Please
無料で聴く

  • サマリー

  • Stay informed on the latest developments in the cannabis sector with "Cannabis Industry News." This podcast provides expert analysis, interviews with industry leaders, and updates on legal changes, market trends, and innovations. Ideal for business professionals, investors, and enthusiasts eager to keep up with the fast-evolving world of cannabis. Listen for insightful coverage and in-depth discussions that matter.

    For more info go to
    https://www.quietperiodplease....

    Check out these deals https://amzn.to/48MZPjs


    https://podcasts.apple.com/us/...
    Copyright 2024 Quiet. Please
    続きを読む 一部表示

あらすじ・解説

Stay informed on the latest developments in the cannabis sector with "Cannabis Industry News." This podcast provides expert analysis, interviews with industry leaders, and updates on legal changes, market trends, and innovations. Ideal for business professionals, investors, and enthusiasts eager to keep up with the fast-evolving world of cannabis. Listen for insightful coverage and in-depth discussions that matter.

For more info go to
https://www.quietperiodplease....

Check out these deals https://amzn.to/48MZPjs


https://podcasts.apple.com/us/...
Copyright 2024 Quiet. Please
続きを読む 一部表示
エピソード
  • The Cannabis Industry's Evolution: Trends, Regulatory Shifts, and Technological Innovations

    The Cannabis Industry's Evolution: Trends, Regulatory Shifts, and Technological Innovations
    2024/11/24
    The cannabis industry continues to evolve rapidly, with significant developments in recent market movements, regulatory changes, and shifts in consumer behavior. Here's a current state analysis of the industry:

    Market Movements:
    The US cannabis industry is expected to reach almost $40 billion in 2024, with 11 states projected to be billion-dollar cannabis markets[1][2]. California, the largest cannabis market, is expected to generate over $4.7 billion in sales, despite a 3.4% decline from 2023[2]. Other top-performing markets include Michigan, Florida, and Illinois.

    Regulatory Changes:
    The US Department of Justice's recent move to reclassify cannabis as a less harmful Schedule III drug signals a shift towards federal legalization[3]. However, marijuana remains federally outlawed, limiting intellectual property protections for cannabis businesses.

    Consumer Behavior:
    Half of Americans have tried cannabis, and 79% live in a county with at least one dispensary[1]. Women and minority cannabis executives are rebounding, and cannabis earns higher tax revenue than alcohol in 9 states[1]. Average retail cannabis prices have dropped 32% since 2021, making the industry more competitive[1].

    Supply Chain Developments:
    The number of active US cannabis business licenses has declined by 1% in the third quarter of 2024, with reductions in established markets outpacing growth in emerging ones[5]. This trend may continue into 2025.

    Industry Response:
    Cannabis industry leaders are responding to current challenges by adopting cashless payments, which improve dispensary performance[1]. Flowhub data shows that dispensaries accepting debit cards earn an average of $4,627 more per day than cash-only retailers[1].

    Comparison to Previous Reporting Period:
    The global cannabis market size was valued at $43.72 billion in 2022 and is projected to grow to $444.34 billion by 2030, exhibiting a CAGR of 34.03%[4]. The US cannabis market is expected to reach an estimated value of $428.22 billion by 2032[4].

    In conclusion, the cannabis industry is experiencing significant growth, driven by continued legalization, technological advancements, and a growing body of research supporting the medical benefits of cannabis. However, the industry faces challenges, including regulatory restrictions, price compression, and supply chain disruptions. Industry leaders are responding by adopting innovative solutions, such as cashless payments, to stay competitive.
    続きを読む 一部表示
    3 分
  • Cannabis Industry Trends: Navigating Rapid Growth, Regulatory Changes, and Evolving Consumer Behavior

    Cannabis Industry Trends: Navigating Rapid Growth, Regulatory Changes, and Evolving Consumer Behavior
    2024/11/22
    The cannabis industry continues to evolve rapidly, with significant market movements, regulatory changes, and shifts in consumer behavior. Here is a current state analysis of the industry, incorporating verified statistics and data from recent reports.

    The US cannabis industry is expected to reach almost $40 billion in 2024, with projections indicating it will add $115.2 billion to the economy this year[1][5]. The global cannabis market is projected to reach approximately $38.19 billion in 2024 and grow at a CAGR of 14.6% between 2024 and 2028[3].

    Eleven states are on pace to top the $1-billion benchmark in total retail sales at licensed cannabis dispensaries in 2024, including California, Michigan, Florida, and Pennsylvania[2]. However, some mature markets like California, Arizona, Colorado, and Washington are experiencing sales declines, with California expected to see a 3.4% decrease compared to 2023 totals[2].

    Recent regulatory changes include the US Department of Justice's move to reclassify cannabis as a less harmful Schedule III drug, which is the latest indication of the industry's proliferation[3]. However, marijuana remains federally outlawed, limiting intellectual property protections for cannabis businesses.

    Consumer behavior is shifting, with 1 in 3 women over 21 consuming cannabis, and half of Americans having tried cannabis[1]. The average retail price for adult-use flower has hit an all-time low in some states, such as Michigan, where it reached $79.70 per ounce in July 2024[2].

    Supply chain developments include the expansion of new recreational and medical marijuana facilities in states like Maryland, Missouri, and New York, which continue to foster growth[5]. However, the industry is facing financial challenges, with delinquent payments totaling $3.8 billion and high borrowing costs[4].

    Industry leaders are responding to current challenges by focusing on strategic partnerships, product diversification, and operational efficiency. For example, companies are exploring new product launches, such as cannabis-infused beverages and edibles, to cater to changing consumer preferences.

    Compared to the previous reporting period, the industry has seen a 12% increase in economic impact, with projections indicating it will add upward of $200 billion in additional spending to the US economy by 2030[5]. The total US economic impact generated by regulated marijuana sales could top $112.4 billion in 2024, up from last year's figures[5].

    In conclusion, the cannabis industry is poised for significant growth, driven by continued legalization, technological advancements, and shifting consumer behavior. However, it also faces challenges such as regulatory uncertainty, financial strain, and supply chain disruptions. Industry leaders must adapt to these changes to remain competitive and capitalize on emerging opportunities.
    続きを読む 一部表示
    3 分
  • The Cannabis Industry's Transformative Journey: Growth, Challenges, and Emerging Trends

    The Cannabis Industry's Transformative Journey: Growth, Challenges, and Emerging Trends
    2024/11/19
    The cannabis industry is experiencing significant growth and transformation, driven by shifting attitudes towards legalization, expanding medicinal applications, and the emergence of a burgeoning recreational market. Here's a current state analysis of the industry, focusing on recent market movements, regulatory changes, and emerging trends.

    According to recent projections, the global cannabis market is expected to reach $444.34 billion by 2030, growing at a CAGR of 34.03% from 2023 to 2030[4]. In the United States, the cannabis industry is projected to reach almost $40 billion in 2024, with total revenue expected to reach $67 billion by 2028[5].

    Eleven states in the US are on pace to top the $1-billion benchmark in total retail sales at licensed cannabis dispensaries in 2024, including California, Michigan, Florida, Illinois, and Massachusetts[1]. Notably, Florida's medical-only cannabis market is projected to eclipse $2.1 billion in dispensary sales in 2024, making it the third-largest cannabis market in the nation[1].

    Regulatory changes are also driving growth in the industry. New York's legal cannabis market is expected to top $6 billion in annual sales within two years, according to a recent analysis by Whitney Economics[2]. However, the report highlights the need for the state to effectively tackle the prevalence of illicit cannabis retailers, which undercut legal operations on price and accessibility.

    The industry is also experiencing significant price compression, with average retail cannabis prices dropping by 32% since 2021[5]. This has led to a decline in profit margins for dispensaries and forced them to combat the effects of marijuana price compression.

    In response to these challenges, industry leaders are focusing on innovation and specialization. North American cultivators are leveraging advanced agricultural technologies and expertise to optimize cannabis cultivation and meet the dynamic demands of the market[3]. Additionally, companies are exploring new product launches, such as CBD oils and edibles, to cater to evolving consumer preferences.

    Consumer behavior is also shifting, with 1 in 3 women over 21 consuming cannabis, and 70% of Americans supporting legalization[5]. The industry is also seeing a rebound in the ranks of women and minority cannabis executives.

    In conclusion, the cannabis industry is experiencing significant growth and transformation, driven by shifting attitudes towards legalization, expanding medicinal applications, and the emergence of a burgeoning recreational market. While the industry faces challenges such as price compression and regulatory hurdles, industry leaders are responding with innovation and specialization. As the industry continues to evolve, it is expected to reach new heights in the coming years.
    続きを読む 一部表示
    3 分

Cannabis Industry Newsに寄せられたリスナーの声

カスタマーレビュー：以下のタブを選択することで、他のサイトのレビューをご覧になれます。

Audible.co.jp

Amazon.co.jp
レビューはまだありません。