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TOP STORY

Only 27% Of US Cannabis Operators Are Profitable, Reveals Economist

Briefly: New research by Whitney Economics reveals that just 27.3% of U.S. cannabis businesses are profitable.

So: Despite improvements from last year's 24.5%, this figure is significantly lower than the national average of 65.3% for small businesses.

Why: High taxes and limited banking access are major hurdles. Whitney's analysis emphasizes the importance of strategic planning and data-driven decisions for securing investment and achieving profitability in the cannabis industry.

Curious about the detailed findings and future predictions? Read more.

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ZINGERS

Cannabis Health: Prenatal Cannabis Exposure Not Linked To Elevated Risk Of Autism And Oklahoma Court Rules Pregnant Moms Who Use It Are Not Breaking The Law

Cannabis Stocks: Is A 1500% Increase Possible? The Bull Case For This Cannabis Tech Stock Explained

Planet 13 Expands With 30 New Dispensaries: What's The Secret To Higher Margins?

DOOBIE Act: Senator Proposes DOOBIE Act To End Cannabis Discrimination In Federal Hiring And Security Clearances

Cannabis in UK: As Number Of Medical Marijuana Patients In UK Skyrockets, Non-Profit Launches Crowd-Funder To Run Cannabis Legalization Campaign

ONE MORE FOR THE ROAD

CBD Gains Novel Food Approval in the UK, Setting a New Global Standard

Briefly: The UK Food Standards Agency has given a positive risk assessment to the European Industrial Hemp Association's natural CBD isolate, setting a new global standard for CBD regulation.

Why It Matters: This approval ensures the safety and quality of CBD products, fostering innovation and providing legal certainty for businesses in the sector.

What’s Next: This milestone could boost investment and shape future regulations worldwide.

Want to understand the full implications of this groundbreaking approval? Read more.

PRESENTED BY CANNABIS CAPITAL CONFERENCE

Join us on October 8th and 9th in Chicago for the world's largest gathering of cannabis investors - happening just ONE month before the Presidential election.

Get your tickets now by following this link, and access a 20% discount using the code JAVI20.

Get your tickets now on bzcannabis.com – Prices will increase very soon!

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