The prospects and the burgeoning sales of cannabis products across the country would make one believe that all cannabis businesses are soaring in profits. The new report from Whitney Economics after a survey of about 400 cannabis business owners in 20 legal states unfortunately says otherwise. The results of the report indicate that only 42 percent of the business owners in the survey were profitable. 20 percent of the respondents indicated that they were breaking even in the business. This leaves 38 percent of the respondents still operating their businesses at somewhat of a loss as opposed to the general expectation of profit by all.
For our 50th anniversary, we handed the plant to the artists making its most striking…
Corporate valuation increased in 21 of the 38 states studied following medical marijuana legalization. Gross…
By gently heating your plant matter instead of setting it on fire, a vaporizer extracts…
For the past five years, Texas has lived in a strange legal limbo. The 2018…
Thirty years after Prop 215, the California State Fair crowned its first home-grow champion and…
Senate leaders released a stopgap that would push most of the federal hemp deadline to…