Florida cannabis businesses shut down, halt delivery as Hurricane Milton nears

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6 months ago

October 10, 2024

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Florida cannabis businesses began shutting down this week in anticipation of Hurricane Milton, which was expected to make landfall late Wednesday on the state’s west coast.

Milton’s wrath didn’t sway Florida Gov. Ron DeSantis to extend the Oct. 7 deadline to register to vote in the Nov. 5 election.

In addition to casting votes for president, Florida voters will decide whether to legalize adult-use marijuana in the state.

“People can register today,” DeSantis told the Florida Phoenix on Monday.

“There’s nothing inhibiting you from registering today. The storm has not hit yet.”

Voters’ rights groups had asked DeSantis to extend the deadline as Florida residents continued to deal with the aftermath of Hurricane Helene ahead of Milton making landfall.

Meanwhile, cannabis operators were

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Cannabis operators strive to get things right as 4/20 approaches

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1 day ago

April 18, 2025

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As more retailers and brands zero in on a strong return on investment for April 20, Weed Week can quickly evolve into a make-or-break scenario for operators.

Perennial concerns over systemwide outages, inventory and workforce management as well as easing in-store and e-commerce traffic typically peak around this time of the year.

And for good reason.

The days leading up to and including 4/20 are the industry’s busiest sales window.

According to retail management platform Sweed, gross sales jumped 58% from April 15, 2024, to April 21, 2024, while product units sold increased 60% from the previous week.

And conversely, research reviewed by MJBizDaily indicates that, in the days and weeks following 4/20, sales fall dramatically across the board and in markets across

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Return on investment is new 4/20 focus for cannabis retailers, brands

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3 days ago

April 16, 2025

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As the industry, consumers and other enthusiasts prep for another April 20 cannabis celebration, the date is taking on new importance nationwide for advocacy, unity and business.

In marijuana retail, 4/20 is by far the biggest sales day of the year, rivaling the mainstream shopping frenzies of Black Friday or Cyber Monday.

In response, retail operators and brands are initiating a wide range of promotions, community initiatives and marketing campaigns to drive the best return on investment (ROI), a vital metric given the widespread financial and operational challenges many are facing.

Several retailers across the country, such as Hi! People Cannabis Market, are celebrating their first high holiday.

The Derby, Connecticut, store is holding a block party Saturday night to encourage early purchases

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Are solvents or solventless methods better?

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5 days ago

April 14, 2025

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Extraction consumers seeking high-quality cannabis products are becoming increasingly concerned about how their extracts are made.

Some methods use solvents that critics say can leave behind residual chemicals, while proponents counter that those residuals appear in miniscule and harmless amounts.

Other methods aim for maximum purity and forgo solvents entirely.

The global cannabis extracts market was valued at $4.3 billion in 2023, according to Grand View Research, a San Francisco-based market research and consulting firm.

It’s projected to grow at a 20% compound annual growth rate to reach $15.5 billion by 2030.

To ensure sustainability and consumer trust in the extraction market, marijuana businesses must pay attention to the process.

The healthiest cannabis extraction methods preserve the plant’s beneficial compounds while minimizing potential

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