What Are KPIs, and Why Are They Important?
The kickoff to the Fire Business Strategies’ cannabis KPI series, this article starts us off with the basic definition of a KPI and why we use them.
Micro Money: Dissecting the New York Microbusiness License & Microbusiness Profitability
Today we briefly discuss the microbusiness, in particular the New York microbusiness vertical, and the potential of these businesses there and in some neighboring states.
Cannabis Rescheduling Public Comment Guide
14 days on, we offer some insights and tips on the public comment process regarding the DEA’s rescheduling of cannabis from Schedule I to Schedule III.
Public Comment Quick Guide
From Schedule III, to psychedelics, to state and local rulemaking, there are so many opportunities to be involved in public comment. What is public comment anyways? Laws are passed by your elected representatives. They usually direct an unelected regulatory body to do something big picture; like “create a regulatory framework to license and regulate cannabis […]
How Much Does New England Spend on Weed? Three Factor Simplified Market Analysis
In a quick and dirty breakdown, we compared recent sales data for adult-use cannabis in New England to inform a basic market analysis that looks at pricing and per capita spending to judge market performance.
How Much Weed Did Connecticut Smoke in April? We Crunched the Numbers
We examine the consumption trends for Connecticut’s cannabis market in April 2024, including pricing, supply, and a quick use of our forecaster to find out that Connecticuters smoked about two thirds of an acre of flower in April.
How Could Schedule III Impact Profitability? We Simulated 4,000 Colorado Cannabis Businesses to Find Out.
Suffice to say (this article is about math after all),[1] rescheduling may have a variety of potential effects on cannabis businesses. Most notably for purposes of this article, many commentators have speculated whether rescheduling, as implemented, will remove the tax burden of 280E from state licensed operators.
Business Overview: Other Cannabis Licenses
Rounding out the medical and recreational cannabis license types, the Fire Business Strategies team discusses wholesalers, storage facilities, research and development, and event licenses.
Business Overview: Vertical Integration
In this week’s installment of the Business Overview Series, the Fire Business Strategies Team discusses the diverse approaches to vertical integration and ways independent licensees can maintain competitiveness.
Business Overview: The Consumption Lounge
In this week’s installment of the Business Overview series, the Fire Business Strategies team discusses the need for careful brand development in the consumption lounge space.