Ohio Cannabis

BDSA‘s October 2024 data highlights Maryland as the fastest-growing state for cannabis sales, with a year-to-date (YTD) increase of 57.8%, totaling $942.2 million.  Maryland’s impressive performance within BDSA’s tracked markets cements its place as a key emerging state in...

Canopy Growth Corporation‘s (NASDAQ:CGC) strategy for capturing the U.S. cannabis market was the focal point of a recent fireside chat hosted by Zuanic & Associates. CEO David Klein and CFO Judy Hong provided insights into Canopy USA's (CUSA) growth strategy, financial projections and its...

The Ohio Healthy Alternatives Association (OHAA) has called on state senators to oppose Senate Bill 326, a proposed regulation targeting hemp products. OHAA, which represents nearly 3,000 small businesses and over 26,000 workers, warns that the bill could have severe economic repercussions on the...

Cannabis giants Village Farms, Green Thumb, and Jushi Holdings show distinct strategies for navigating a challenging landscape.  In the latest cannabis market analysis from Beacon Securities, three major multi-state operators (MSOs) Village Farms, Green Thumb Industries, and Jushi Holdings...

In its latest quarterly earnings report, Jushi Holdings Inc. (CSE:JUSH) (OTCQX:JUSHF) revealed a mixed financial picture for Q3 2024, showcasing operational resilience despite mounting challenges in competitive markets. The cannabis multi-state operator saw some revenue decline but managed to...

Ohio's recreational cannabis market has experienced a remarkable rise since its official rollout in August 2024. In less than four months, the state has accumulated over $143 million in recreational sales, according to the Ohio Department of Commerce Division of Cannabis Control (DCC). This rapid...

Body and Mind Inc. (CSE:BAMM), (OTC:BMMJ), a multi-state cannabis company, announced a new credit facility with Bengal Catalyst Fund, LP, securing up to $2.3 million to support its U.S. expansion efforts. The financing aims to help Body and Mind build out key dispensary projects in Illinois and New...

In Zuanic & Associates' latest equity report, senior analyst Pablo Zuanic analyzes MariMed's (OTC:MRMD) performance across its core markets, with Illinois (IL) accounting for 40-45% of the company's sales.  Despite overall market stagnation, MariMed aims to boost growth through capacity...

Marijuana sales hit record highs in six U.S. states in August, as surging demand for adult-use cannabis led to unprecedented revenue across several regions. As Marijuana Moment reported, states that broke their sales records include Connecticut, Maine, Maryland, Michigan, Missouri and New York,...

As Ohio’s adult-use marijuana market takes off, some dispensaries are finding out the hard way that not all advertising can fly as high as their sales. Six cannabis shops were hit with hefty fines for marketing missteps during the August 6 launch of recreational sales. Turns out, quoting...

Despite trading at a discount to its peers, this company is well-positioned to benefit from various dynamics, presenting a potential opportunity for investors. A Monday morning note from Zuanic & Associates, rates Cresco Labs (OTC:CRLBF) as “Overweight” among the top five multi-...

The launch of Ohio's recreational cannabis market on August 6 has set the stage for significant growth, with early data showing a 45% sales increase at various marijuana shops in just two weeks. Wholesale performance has also been strong.  “Ohio began non-medical sales on 8/6/24, but full AU...

Nearly a month has passed since Ohio began selling adult-use cannabis and dispensaries in the Columbus area are reporting continued strong demand. Locals Cannabis and Trulieve Cannabis Corp. (OTC:TCNNF), both with locations in the city, have observed sustained interest with no indication of a...

Grammy-nominated rapper Afroman — an Ohio native known for his hit “Because I Got High” — celebrated the legalization of recreational marijuana in a fun social media video in which he takes credit for getting weed legal in the Buckeye state. In the five-minute clip, reported by NBC4,...

Michigan’s cannabis market could face significant challenges due to the rapid rise of neighboring Ohio’s marijuana industry. Since recreational sales launched on Aug. 6, Ohio has seen a surge in demand, with shops reporting record-breaking volumes driven by enthusiastic locals and...