In this podcast episode, MITA's guest host, Tom Howard, explores the challenges and mistakes observed in Washington State's cannabis industry during its first decade of legal adult use.   The panel includes experts from Washington State: Josh Kincaid, host of The Talking Hedge https://www.linkedin.com/in/joshkincaid/ Caitlin Ryan, Executive Director for the Cannabis Alliance https://thecannabisalliance.us/caitlein-ryan/ Neil Janaja, Managing Partner at Gleam Law https://www.gleamlaw.com/cannabis-attorneys/neil-k-juneja/   The conversation delves into various issues, such as the slo ..read more

2024 Cannabis Crystal Ball Predictions, including: *lounges & lockers *Strain stability (availability) *S3 is BIG Pharma's trojan horse *5 year sideways movement *Increase in SKUs nationwide *More automation   Summary: 00:00 - Intro 01:03 - 2019 prediction recap 01:34 - Crystal Ball explanation 02:36 - MJ Biz Con recap 03:35 - thoughts from an activist to owner 07:59 - Doom & Gloom, or Naive? 09:45 - Distrobution is key 11:11 - Cannabis Culture 13:03 - Product innovation 16:00 - 2022 - 2023 overview 16:17 - Branding 18:31 - Josh's prediction 19:04 - cannabis investors 28:58 -2024 ..read more

Join us as we unravel the numbers, decode the trends, and navigate the thriving landscape of cannabis commerce.   Summary: 00:00 - Intro 00:35 - Total Sales (2023) 06:19 - Total Sales (2020-2023) 09:35 - Year Over Year Growth (2023) 12:38 - Year Over Year Growth (2020-2023) 16:07 - Average Basket (2023) 18:59 - Average Basket (2020-2023) 23:29 - Number of Products (2023) 25:57 - Number of Products (2020-2023) 29:52 - Same Store Sales (2023) 30:33 - Same Store Sales (2020-2023) 31:06 - Outro   Guest: Jesse Redmond, Managing Director at Water Tower Research https://www.linkedin.com/in ..read more

Manual rolling? please. Cannabis preroll automation reigns supreme at MJ Biz Con!   Machines weave through production lines, spitting out flawless prerolls with robotic precision. These high-speed marvels churn out pre-rolls like clockwork, meeting demand without compromising quality.   Touchscreens control weight, size, and consistency, ensuring every pre roll sings in unison.   Smaller units with easy-clean designs and durable materials keep them humming, while multi-lane beasts handle production in droves.   But it's not just about speed. These ROI-boosters slash lab ..read more

Washington is a Petri dish experiment that should be studied by anyone in the cannabis industry. Find out how Washington State could shape the future of the Cannabis Industry.    Guest: Katrina Glogowski, Seattle Attorney & Angel Investor https://www.linkedin.com/in/katrinaglogowski   ..read more

Missouri has had a strong start in the last eight months since the beginning of adult use in February. It has quickly become the sixth-largest market among Headset's tracked markets in the US, alongside Massachusetts and Colorado. As an emerging cannabis market, Missouri faces both opportunities and challenges, and we have the data to shed light on the state's progress. In this report, we will explore key insights, such as the market size, product categories, brand count, pricing, and discounting trends in Missouri. Show Notes: Missouri's Growing Adult Use Market https://www.headset.io/industr ..read more

In this episode, we interview Greg James, publisher of Marijuana Venture magazine and host of Interchange- which is like speed dating for cannabis producers, processors, and retailer.   Greg shares his insights on the cannabis industry, including its complexities, inventory issues, and the most underreported topic of 2023.   This episode provides valuable insights into the evolving cannabis industry, offering listeners a closer look at its challenges, innovations, and exciting prospects.   Summary: 00:00 - intro 01:12 - Interchange's inspiration 03:25 - intricacies within the in ..read more

In a year when sales growth in the US is relatively flat, PreRolls have managed to grow sales by over 13%.   Based on total sales,  Pre-Rolls are now the third largest product category in the US (15.3%) and second in Canada (33.3%).   Summary: 00:00 - Intro 00:49 - Sales Growth 06:13 - Brand Count 08:14 - Top Segments 10:09 - Packaging 12:06 - Pricing 13:55 - Demographics 15:14 - Crystal Ball Predictions 16:07 - Outro   Show Notes: Pre-Rolls: Analyzing category performance & sales trends https://www.headset.io/industry-reports/pre-rolls-analyzing-category-performance-sa ..read more

 In this podcast episode, we have the pleasure of exploring the fascinating realm of cannabis banking and compliance with Michael O'Neil, The Cannabis Banker.   With years of experience in providing reliable banking services for the cannabis industry, Michael shares his insights on the challenges and opportunities surrounding financial services for cannabis businesses.   Join us as we delve into the pivotal role of banking in legitimizing this industry, navigate the intricate landscape of compliance, and analyze the potential ramifications of legislative shifts such as the Safe ..read more

Potential Topics of Conversation: Federal Legalization Impact Navigating the Cannabis Investment Waters Trends in Cannabis Investing Thoughts on the Future of the Cannabis Industry Description: In this insightful podcast episode, we’ll dive deep into the world of cannabis investments with Morgan Paxhia of Poseidon Asset Management, one of the pioneers in this budding industry. Founded by siblings Emily and Morgan Paxhia in 2013, Poseidon has established itself as a trusted leader with a diverse investment strategy covering various company stages and sectors within the cannabis space.  W ..read more