BDSA has expanded its cannabis retail sales tracking to include category-level coverage for the Florida medical market and Michigan adult-use and medical markets.

Retailers can maximize basket sizes and in-store experiences by positioning products most likely to be purchased together on shelves to encourage cross-sell and upsell opportunities.

With legal adult recreational use on the horizon, BDSA expects Pennsylvania to be one of the Top 15 U.S. markets within the next three years.

BDSA has expanded its cannabis retail sales tracking coverage to include Canada through a new strategic licensing agreement with Hifyre, Inc., a wholly-owned subsidiary of Fire & Flower Holdings Corp.

Many mature markets in the United States saw accelerated growth in 2020.

Saage Insights recently published its “2021 Cannabis Trends Brief,” which points to pandemic-related hardship, heightened awareness of social justice struggles, and other issues impacting the cannabis industry. 

Stephanie Daley, VP of market expansion, Wana Brands, Boulder, CO, recently spoke to Cannabis Products about what the company looks for when it considers expanding, building connections with manufacturing partners, and its recent moves into Illinois and Missouri.

BDSA expects regulated cannabis legalization, including hemp cannabidiol (hCBD), to accelerate in 2021.

The disruptive COVID-19 pandemic has wreaked havoc on the U.S. retail market. Nevertheless, cannabis has persevered. Most U.S. states with a legal cannabis industry—medical or recreational—quickly deemed cannabis retailers essential businesses, allowing them to operate during even the darkest days of the pandemic.