Minnesota leaves up to $620,000,000 on the table with 6+ month delay in social equity licensing

Last week the Minnesota Office of Cannabis Management announced that, its lottery for social equity applicants, originally scheduled for November 26, will be abandoned. Instead, the state is moving forward with only the long-awaited standard licensing process early next year. Previously approved social equity applicants will be allowed to automatically enter the new application process […]

Retail KPIs – Average Time Per Transaction

In the dispensary, time is everything. So long as 280E restrictions continue to tip the scales for cannabis businesses at tax time, sales and marketing payroll is an unavoidable expense that, in general, is not deductible. Where a company doing manufacturing and in-house wholesale might limit the payroll exposed to this IRS restriction, a cannabis […]

Concentrating Value – Part 2 – Bud Structure & Trichome Structure

While it may seem like high THC bud = big yields, any hashmaker will tell you that’s not the whole case. No extraction process is perfect, so it’s best to think of a flower’s THC content as its maximum potential. Morphological differences between genetics, and even buds from different parts of the plant, can play […]

How Much Does the Midwest Spend on Weed? Simplified Market Analysis

Minnesota‘s first round of pre-approval social equity applications just closed, so we thought it would be a good idea to look at how the Midwest’s cannabis markets are performing now, revisit a couple states we recently analyzed, and maybe make some wild guesses as to what these markets could look like in the future. First, […]