Giving Tree Dispensary, an Arizona-licensed vertically integrated seed to sale cannabis company, has moved to a new retail location. Giving Tree is transforming the patient experience with its new open concept retail space. Its former dispensary operation will be converted to expand cultivation and triple manufacturing capacity. “We wanted to create a new kind of shopping experience … [Read more...] about Giving Tree Expands Cultivation and Debuts New Retail Location
News & Insights
The Cannabis Supply Crunch
Selling and producing cannabis has been historically lucrative; however, business owners are experiencing challenges unique to a regulated market. The most recent hurdle in operating or scaling a cannabis business is disruptions in the supply chain. Several factors come into play regarding the logistics of a recreational marijuana business, including keeping up with demand, following … [Read more...] about The Cannabis Supply Crunch
State of the Cannabis Industry in 2021
Despite a global pandemic, retail sales of medical and recreational cannabis grew more than 40 percent in 2020 and total U.S. sales could reach $37 billion by 2024. In the 21st century, cannabis is one of the fastest growing industries in the country, and only getting bigger as more states legalize the plant. A total of 43 states and the District of Columbia have medical marijuana programs and … [Read more...] about State of the Cannabis Industry in 2021
CBD Consumers Have Consistent Purchasing Patterns
CBD has become a national phenomenon, especially during the pandemic. It’s alleged calming and pain-relieving side effects have consumers cleaning off shelves and stocking up online. Another survey conducted by SingleCare in 2020 found that 33 percent of American adults have used CBD once or more, and of all age groups, Americans aged 18-29 are most likely to use CBD consistently, with its … [Read more...] about CBD Consumers Have Consistent Purchasing Patterns