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Articles by Roy Bingham
Using Data and Insights to Create Winning Cannabis Markets - Cannabis Business Executive - Cannabis and Marijuana industry news
By Roy Bingham With nearly 80% of adults open to consuming cannabis in fully legal states and cannabis regulations loosening across the country, markets are continuing to develop at an ever-increasing rate. However, current legal markets differ greatly in how they’ve developed in terms of sales growth rates, product format preferences, consumption patterns and consumer tastes.
Marijuana Sales in the Midwest Are Lighting Up
The Midwest is becoming a larger player in the legal cannabis marketplace as more states begin to legalize recreational use. Two of the most populated states, Michigan and Illinois, have legal markets that are skyrocketing. BDSA Retail Sales Tracking data shows that total 2021 sales in Illinois were around 70 percent higher than in 2020, while legal sales in Michigan totaled around $1.8 billion in 2021, roughly double the estimated legal sales in 2020.
5 Essential Cannabis Trends You Can't Afford to Miss
News and Trends New research indicates these events will drive the global cannabis market. Image credit: Tinnakorn Jorruang | Getty Images July 22, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. Figuring out where the cannabis industry is heading next is no easy task. The industry is filled with a seemingly daily deluge of noise and breaking news. But there are a handful of trends and events you should keep an eye on.
5 New Cannabis Trends You Need to Know
News and Trends / Market Research Market Research Running a Business Looking to break into the cannabis business? New research points to the hot areas of growth. Image credit: Norman Posselt | Getty Images Roy Bingham Guest Writer CEO & Co-founder of BDS Analytics February 25, 2019 5 min read Opinions expressed by Green Entrepreneur contributors are their own.
Concentrates, Edibles, or Topicals: Which Business is Best for You?
Starting a Business / Trends Trends Starting a Business Sage wisdom from the founder of a leading data and analytics company on the market trends that influence budding startups. Image credit: Ethan Miller | Getty Images Roy Bingham Guest Writer CEO & Co-founder of BDS Analytics January 9, 2019 5 min read Opinions expressed by Green Entrepreneur contributors are their own.
5 Recipes for Sweet Success in the Cannabis Candy Market
Cannabis-infused candy is a booming category. It's also ultra-competitive. Opinions expressed by Green Entrepreneur contributors are their own. The cannabis-infused candy marketplace is one of the most competitive in the cannabis industry. While, flower, the industry’s leading product, demands relatively little in terms of product development, ingredient sourcing, testing, branding, and packaging, edibles require extensive savvy with all of the above and more.
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