The #1 Source for Cannabis Market Data and Analysis

Welcome to Cannabis Insider! We're bringing you the latest news and updates from the cannabis industry, as well as exclusive interviews with top executives and industry leaders! Takeaways: -The cannabis industry experienced market contractions and pricing challenges in 2023, influenced by factors such as inflation and interest rates. -Michigan saw significant growth in cannabis sales, driven by factors like pricing and neighboring states without legal cannabis. -Price and potency are important factors for consumers, with many seeking inexpensive options and high-potency products. -Understanding new consumers and their preferences is crucial for cannabis brands to build loyalty and attract a wider customer base. -The rise of pre-rolls and infused pre-rolls has contributed to the growth of the pre-roll category in the cannabis market. Chapters: 00:00 Introduction and Podcast Recommendations 01:42 Exciting Interview with Cy Scott 05:03 Data Trends in 2023 08:20 Market Contractions and Pricing 09:18 Michigan's Growth in Cannabis Sales 10:43 Factors Affecting Pricing in Michigan 13:10 The Impact of Potency on Consumer Behavior 16:21 Understanding New Consumers 18:45 The Relationship Between Price and Quality 20:07 The Rise of Pre-rolls and Infused Pre-rolls 22:20 Closing Remarks and Event Plugs 23:20 Conclusion __________________________________________________________________ Featured Guest(s): Cy Scott, CEO & Co-founder - Headset.io https://www.headset.io/ Meet The Host(s): Javier Hasse https://www.twitter.com/JavierHasse Elliot Lane https://www.twitter.com/ElliotLane10 __________________________________________________________________ 🔈 PODCASTS! 🔈 Cannabis Insider - https://www.benzinga.com/money/podcast-show/cannabisinsider/ Cannabis Daily - https://www.benzinga.com/money/podcast-show/cannabis-daily/ 📰 Sign Up for Our Newsletter! 📮 https://share.hsforms.com/1SD_FsDd8TnS-RYQYnORPFw1npzh WEBSITE & SOCIALS: 💻 Website: https://www.benzinga.com 👍Benzinga on Instagram & Facebook @ Benzinga 📱Benzinga on TikTok & Twitter @ Benzinga __________________________________________________________________ Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions. #CannabisInsider