Your Top 5 News Stories - November 18, 2021

November 18, 2021

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legislative

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Democratic divide puts congressional action on marijuana in doubt

Democratic sponsors say that the narrower, bipartisan bill would make passing their broader social-equity bill more unlikely to realize. 


finance

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The economics of pot: Price of cannabis flower drops 50% from last year

Pinched by low prices and oversupply, cultivators expect their profit margins to tighten further as “Croptober” harvests hit the market. 


wild card

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Why the Legal Cannabis Industry Is High on the American South

California is undisputedly the largest U.S. cannabis market, but states like Virginia and Georgia represent greater potential for growth. 

 


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tech science innovation

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Competition heats up among providers of marijuana point-of-sale software

Competition in the cannabis point-of-sale (POS) sector increases chances for downward price pressures and consolidation among POS providers. 


social cultural

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Will Cannabis Drinks Alter the Market for Beer, Wine and Spirits?

A majority (51%) of adult Americans now profess familiarity with cannabis-infused beverages, which hold particularly appeal for Gen Xers. 


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