Marijuana Business Daily

Ready-to-use, pre-ground cannabis gains popularity in Canada

Published

2 years ago

February 14, 2023

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Cannabis users usually scrutinize their bud — its size, its structure, its dankness — before grinding it up for consumption.

In Canada, though, a growing number of cannabis consumers have a different ritual: opening up a bag of pre-ground flower that’s ready to roll into a joint or pack into a pipe or vaporizer.

Growth in the ground-cannabis segment appears to be propelled by convenience-seeking, value-conscious consumers, although the Canadian trend hasn’t reached U.S. cannabis markets.

Milled marijuana shoppers are so devoted that Ontario cannabis store proprietor Jennawae Cavion calls them “Shredheads,” referencing the popular Shred brand of ground cannabis from Canadian grower Organigram Holdings.

Based on past experience, Cavion associated ground cannabis with poor quality, and at first she didn’t stock it.

“We were, in my opinion, probably a month too late jumping on that trend, even though customers were asking us for it,” said

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Eaze winding down cannabis delivery operations as new owners ponder future

Published

17 hours ago

October 7, 2024

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The CEO of California’s largest cannabis delivery service, Eaze Technologies, said its parent company is winding down operations and new ownership will determine if the business continues.

“Stache LLC will be winding down operations, with the full closure expected to take place on or around December 31, 2024,” Eaze CEO Cory Azzalino told employees last week in an internal memo he posted on his LinkedIn feed Sunday.

Eaze will provide employees an update on or before Nov. 15, he added.

The California-based marijuana delivery company came under new ownership in August after a public auction of its corporate assets.

A bundle of Eaze assets was purchased for $56 million by a firm owned by Netscape co-founder James Henry Clark.

The acquisition by Clark,

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Ohio recreational marijuana sales near $90 million in 7 weeks

Published

4 days ago

October 4, 2024

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Barely seven weeks since the launch of Ohio’s recreational marijuana market, sales have reached almost $90 million.

Between Aug. 6 – when adult-use sales began in Ohio – and Sept. 28, sales totaled $87.1 million, according to the latest report from the state’s Division of Cannabis Control.

The report also found that recreational retailers sold 10,213 pounds of recreational flower and 1,361,146 units of manufactured products.

The price per gram of recreational flower has fallen steadily from a high of $9.42 in mid-August to a low of $8.23 per gram the week ending Sept. 28.

Likewise, the average price of recreational manufactured products also has fallen steadily, from a high of $31.65 in mid-August to a low of $30.04.

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Marijuana delivery company Eaze has new owner after assets auctioned

Published

7 days ago

October 1, 2024

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California-based marijuana delivery company Eaze Technologies has a new owner after a public auction of corporate assets.

The bundle of Eaze assets were purchased for $56 million in August via a telephone auction by a firm owned by Netscape co-founder James Henry Clark, according to Green Market Report.

Though Clark now has ownership of Eaze, the company’s future is up in the air.

“The new ownership group is evaluating the status of each state’s operations and expects to make a decision prior to year end about what will continue to operate or be closed down,” Eaze CEO Cory Azzalino told Green Market Report via email.

Clark’s FoundersJT acquired the following assets from San Francisco-based Eaze:

Accounts. Chattel paper, which denotes a

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