More From Eli McVey
Estimates published in the newly released Marijuana Business Factbook show the total economic impact of legal cannabis sales increasing 181 percent by 2024.
Known as slotting fees, the practice requires brands to pay anywhere from $500 to $15,000 a month for premium space on cannabis retailers' shelves.
Total U.S. sales could rise as high as $37 billion by 2023, Marijuana Business Daily data finds. Meanwhile, the coronavirus pandemic has thrown a huge curveball at projections.
Recreational marijuana sales in Colorado were up 16 percent in 2019.
Recreational marijuana has impacted how medical marijuana has been used, and this chart shows the effect.
The percentage of women top executives in the cannabis space is still far higher than the national average for all businesses.
Many wholesale growers are focusing on cannabis quality, though market forces tend to favor those who reliably supply low-cost cannabis.