Benzinga Cannabis Insider is a bi-weekly podcast focused on marijuana and all things weed, CBD, hemp, and psychedelics. Hosts include Abbey Higginbotham and Patricio Liddle.
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
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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
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🔈 PODCASTS! 🔈
Cannabis Insider – https://www.benzinga.com/money/podcast-show/cannabisinsider/
Cannabis Daily – https://www.benzinga.com/money/podcast-show/cannabis-daily/
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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.
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