Beau Whitney

Cannabis research firm, Whitney Economics, conducted an impact analysis of federal taxes on the cannabis industry and it was not very pretty. In 2022 alone, cannabis operators paid over $1.8 billion in additional taxes as compared to ordinary businesses. And worse, this excess is...

Vangst, a cannabis industry jobs platform, released the annual 2023 cannabis industry jobs report. This year's report found there are now 417,493 full-time equivalent jobs supported by the legal cannabis industry in the U.S. That's a surprising result—a 2% drop in employment. It's...

U.S Cannabis Cultivators Producing Nearly 50 Million Pounds Of Marijuana Per Year In 2022, the total amount of marijuana grown both legally and illegally is expected to surpass 48.8 million pounds, according to Whitney Economics’ calculations. 2022 U.S. Cannabis Supply Report anticipates that...

Leafly (NASDAQ: LFLY), the leading online cannabis information resource and marketplace, released a first-of-its-kind report detailing the unintended and harmful consequences that occur when local municipalities choose to opt out of legal and regulated cannabis sales. The report,...

While adult-use cannabis was legalized in New Jersey, municipalities can still decide whether to veto or allow cannabis sales. A new study conducted by Rutgers University and found that the municipalities in New Jersey that are most likely to allow cannabis-related businesses in their...

Whitney Economics, cannabis data and economic research firm entered into partnership with cannabis policy firm Square Root Group, LLC to offer full-scale economic analysis and policy solutions to improve the performance of U.S. and global cannabis marketplaces. This collaboration provides...

Economist Beau Whitney is forecasting a return to normal growth for U.S. cannabis. Cannabis Cultivators, Processors & Retailers Will Face First-Ever Demand Slowdown in Q4 Massive growth in demand for cannabis during 2020-2021 is not sustainable in the coming years. 2022 will represent an...

By Beau Whitney, Chief Economist at Whitney Economics. We begin with the assumption that an increase In US corporate tax rates, from 21% to 28%, is coming. Because of a relatively obscure IRS regulation known as 280E, this increase in federal tax rates would push effective tax rates for cannabis...

This article by Beau R. Whitney was originally published on Willamette Week, and appears here with permission. Demand will be lower than in the “work from stoned” era, but not fall back to pre-COVID levels. While many struggled in 2020 due to COVID-19, the pandemic proved to be a...

At the end of the first quarter of 2018, we spoke with GreenWave Advisors’ Matt Karnes, who said California cannabis sales could hit $2.5 billion in 2018, mostly in line with estimates out of BDS Analytics and Arcview Market Research. Now that a year has passed since recreational...