The Talking Hedge

ALL ABOARD the funnest party 420-friendly bus touring NYC #potshops!

The New York City Pot Shop Crawl gave us a unique local cannabis perspective with a 5 hour tour across 17 dispensaries, 2 trucks and a few pop ups.

We visit these #MMJ dispensaries, CBD shops and renegade #PopUps to check out the variety of #cannabis products being sold including #edibles, flower, #prerolls, #vape, #concentrates, #topicals, #tinctures, #D8, #D10, #CBD, etc.

In #Seattle I've visited 20 stores on 4/20 for the last 6 years & noticed the 4/20 deals generally become the everyday low price at discount retailers approximately two years later. 

Since 2017 I've noticed various trends and anomalies including #butdenter preferences (flower) and customer favorites (prerolls). 

#NYC had #infused ice cream, but not coffee. I find that weird considering #coffee is more regularly consumed by U.S. adults (59%) than bottled water (58%).

Episode 1026 The #TalkingHedge is in #NewYorkCity...

https://youtu.be/bSMDsLx138A

Entrepreneur and former athlete Tarris Batiste cautions people, “Smoke it—but don’t let it smoke you.”

After his NFL football career ended abruptly, he switched directions. Traveling, researching, and becoming “the clever chief,” Tarris explored future conversation around cannabis, and shares his story of how smoking affected his life, starting at a young age.

In the book he shares how cannabis impacts brain function and development, the pros and cons of legalization, and why future generations are more susceptible to smoking it.

He provides tips for pruning your “mental garden,” so you can take control of your day and decide what to do—rather than simply reaching for a joint.

Episode 1025 The #TalkingHedge interviews Tarris Batiste, Author, Don't Let it Smoke You...

https://youtu.be/55ehLAdfKoM

Cannabis Beverages continue to be a popular cannabis category among consumers in the US and Canada with successful sales trends in both markets. With thousands of products available, and so many more entering the Beverage space, we compiled a list of a few rising stars below that have been turning heads since the beginning of 2021.

“Beverage enhancers” that can be mixed into drinks and can be effective in as little as 15 minutes. These products fall into our drops, mixes, elixirs, and syrups segment, which seems to be a growing segment among popular new cannabis products.

Episode 1024 The #TalkingHedge looks at Headset’s beverage report...

#CannabisIndustry #CannabisData #MarijuanaData #CannabisAnalytics #MarijuanaAnalytics #CannabisSalesData #MarijuanaSalesData

https://youtu.be/j0NX6PTKfFc

The Green Rush produced by Pro Cannabis Media discusses news issues in the cannabis market and each week conducts a deeper dive into specific topics of the industry, like cannabis media.

The #TalkingHedge chats with David Rabinovitz, and Zack Huffman Cannabis Reporter, Grown In...

https://youtu.be/rACH2tTpIkc

Weed Talk News is a weekly Cannabis news roundup published every Friday delivering the most current cannabis events with high visibility news contributors from across the U.S.!

The #TalkingHedge…

https://youtu.be/uJpN3v-9XLA

The Green Rush is a 2-hour weekly live cannabis business talk show produced by Pro Cannabis Media every Friday from 4PM EST to 6PM EST. The show discusses news issues in the cannabis market and each week conducts a deeper dive into specific topics of the industry.

This week we discuss psilocybin, the hallucinogenic compound derived from “magic mushrooms.”

Episode 1021 The #TalkingHedge chats with Robert W.E. Laurie, Founder, Ad Lucem Law...

https://youtu.be/z876PI6TsjA

Of the inhalable cannabis categories, Pre-Rolls are perhaps some of the most convenient product types. This may be why this category has continued to grow in both the US and Canada since our last report, and is currently the second largest product category next to Flower in Canada, and the third largest product category in the US. Throughout this report, we revisit this category and take a close look at the growth of Pre-Rolls, examining market share and segments in the US and Canada.

Through the first six months of 2022, consumers in the US and Canada have spent over $752M and $402M CAD, respectively, on Pre-Rolls. Canadian consumers are especially enthusiastic about this category, as Pre-Rolls made up nearly a quarter of all cannabis sales from January through June 2022, second only to Flower (42.6%). In the US, Pre-Rolls make up 12.6% of all cannabis sales, growing over 2% from the same period last year. When we take a closer look at Pre-Roll segments, we find that the Connoisseur/Infused segment has been growing in both countries. In the US, Connoisseur/Infused Pre-Rolls are the most popular among consumers and make up 41.5% of total sales. In Canada, this segment is not quite yet as popular, but has increased from 0.1% to 11.2% of total sales in the last year. The most popular Pre-Roll segment in Canada is Single Strain Hybrids, with 42% of total sales.

From this data, it is clear that the Pre-Roll category is growing in both the US and Canada. It seems that the Flower category continues to surrender some of its grip on cannabis sales to other product categories, and Pre-Rolls are benefitting as well as they are now the second largest category in Canada and the third largest in the US through the first part of 2022. Showing particularly strong growth in share of total sales in the first two quarters of the year, it will be interesting to see if  Pre-Rolls maintain this trajectory through the rest of 2022 and into the future. 

Episode 1020 The #TalkingHedge looks @headset’s report…

#CannabisIndustry #CannabisData #MarijuanaData #CannabisAnalytics #MarijuanaAnalytics #CannabisSalesData #MarijuanaSalesData

https://youtu.be/qlIu5ugHGBE

The Green Rush is a 2-hour weekly live cannabis business talk show produced by Pro Cannabis Media every Friday from 4PM EST to 6PM EST. The show discusses news issues in the cannabis market and each week conducts a deeper dive into specific topics of the industry.

This Week's topic: Cannabis Science

Episode 1019 The #TalkingHedge looks at The Cannabis Science Conference...

https://youtu.be/Yj0oWOV6v6Q

The Green Rush is a 2-hour weekly live cannabis business talk show produced by Pro Cannabis Media every Friday from 4PM EST to 6PM EST. The show discusses news issues in the cannabis market and each week conducts a deeper dive into specific topics of the industry.

This week we discuss psilocybin, the hallucinogenic compound derived from “magic mushrooms.”

In addition to psilocybin, we chat about plant medicine developments, and if it takes away from the cannabis movement? 

Episode 1018 The #TalkingHedge interviews Shango Los, Founder & Host, Shaping Fire and Dr. Michele Ross, Founder, Infused Health...

https://youtu.be/0WgzC5QaSEs

As of late June 2022, only 14% of all products in the US that were launched since January 2020 are still on the market. This varies by category. 

The median lifespan of a US Flower product is only 100 days, while the median lifespan of a Beverage is 315 days. Strain-focused categories like Flower, Pre-Rolls, Concentrates, and Vapor Pens tend to have significantly shorter product lifespans due to the cyclical nature of harvests and strain popularity.

When we focus our analysis on non-inhalable categories like Edibles, Beverages, Topicals, Capsules, and Tinctures & Sublingual products, we find that 43% of products launched since the beginning of 2020 are still on the market. 

That means that more than half of these products have failed at some point in the past 2.5 years. A full third of products from these categories never sold for more than 180 days.

Episode 1017 The #TalkingHedge looks at Headset’s data…

#CannabisIndustry #CannabisData #MarijuanaData #CannabisAnalytics #MarijuanaAnalytics #CannabisSalesData #MarijuanaSalesData

https://youtu.be/19zKji_Xcfo