Category Archives: Marijuana Industry Data and Charts

Weekly Deal Watch: Sizes of cannabis capital raises climb, though frequency lags

Fundraising among North American cannabis firms has yet to outpace levels logged this time last year, but the size of the average capital raise is steadily climbing, according to the latest data. Through the fourth week of January, public cannabis companies have raised $394.1 million, with an average funding round of $24.6 million, according to […]

Half of Canada’s cannabis cultivation applicants in limbo

More than half of the cannabis site applications in Canada had not transitioned to the new licensing system as of the end of 2018, meaning their applications are effectively in regulatory limbo and not being scrutinized by the country’s cannabis regulator. Only 409 of the 839 cannabis site applications in the queue to be cannabis cultivators […]

Chart: Dozens of marijuana licenses at risk after Oregon inspections

More than a quarter of Oregon’s outdoor recreational marijuana producers had deficiencies or potential compliance violations in their harvest processes, according to the results of Operation Good Harvest – the state’s effort to observe and inspect the 2018 outdoor cannabis harvest. Of the 354 licensed outdoor recreational grow sites inspected by the Oregon Liquor Control […]

Chart: Colorado on pace for record-setting, billion-dollar year of recreational cannabis sales

Colorado’s adult-use marijuana market continues to surge nearly five years after the launch of recreational sales in the state. Through August 2018 – the most recent data available from the Colorado Department of Revenue – recreational marijuana sales topped $800 million and is on pace to surpass $1.2 billion by the end of the year. […]

‘Global paradigm shift’: International cannabis business opportunities will accelerate

Hours after Constellation Brands announced its marijuana-industry-record investment of 5 billion Canadian  dollars ($3.8 billion) in Canada’s Canopy Growth, experts told cannabis entrepreneurs and investors at MJBizConINT’L in Toronto on Wednesday that global cannabis business opportunities will rapidly accelerate. The move by Constellation – which owns, distributes and markets 100 beer, wine and spirits brands, including Corona and Robert […]

Chart: Stage is set for more growth in New York’s rapidly expanding medical marijuana market

New York’s medical marijuana program is adding patients at a speedy clip, and the recent approval of MMJ as an alternative to opioids has the potential to give sales in the state a substantial boost. Over the past 12 months, nearly 37,000 patients were added to New York’s MMJ program, a 128% increase. The gains […]