In states with recreational cannabis, medical marijuana patient counts have dropped, according to research by GreenWave Advisors. The culprit — a combination of medical cannabis overregulation in states that adopt recreational cannabis, the DEA’s refusal to reschedule cannabis which forces many doctors to shy away from recommending the drug, and that many people registered in medical marijuana programs were actually retail customers gaming the system.

According to a Forbes report outlining the analysis, the researchers did not include Washington and Alaska in their patient counts because patients are permitted to grow their plants at home, making it hard to count — additionally, Washington’s new patient database is also likely to have steered many patients away from the state’s “medical cannabis” options. The report authors note that in May, cardholder applications were down 73 percent in Arizona “perhaps in anticipation of a favorable election outcome for recreational use.”

The report says that even in medical markets, sales follow retail purchasing habits and jump during the holiday season, the summer, and in preparation for 420 celebrations. These markers indicate that many medical cardholders are purchasing cannabis as a commodity.

Analysts predict that many states will begin to merge the regulatory duties of the medical and recreational markets, and it’s possible states will “medically endorse” some recreational dispensaries.

This is not to mean that the medical marijuana market will cease to exist — it could recalibrate as more doctors become involved and more targeted drugs and strains become available. However, the analysts suggest that recreational sales will certainly exceed medical sales in states where they are permitted.

Do you own a cannabis industry business? Create a listing in our directory and get discovered by new clients - Click Here
.

Tags: | Categories: Recreational Cannabis News

Learn about cannabis businesses:

View the directory | Get featured here

  • TRIM Media House

    TRIM Media House is a full-service digital marketing agency with a heavy focus in visual content creation, website design, photography, and videography. If you are trying to navigate the digital arena when it comes to your brand, we would love to talk to you!

  • Moriconi Flowers Ltd.

    Moriconi Flowers Ltd. is a law firm dedicated to applying decades of legal expertise to the emerging commercial and medical cannabis and hemp markets in the United States and abroad. Building off of careers in commercial litigation, transactional debt instruments, oil and gas regulation, liquor licensing, insurance coverage, and catastrophic loss, the attorneys at Moriconi Flowers Ltd. routinely navigate regulated markets.

  • New Approach Bookkeeping LLC

    We have been providing financial support since 2013 for Cannabis Growers/Producers, Retailers/Dispensaries, Delivery, Processors, and all those in between. We understand 280e and 263a publications and how it affects the cannabis industry.

  • Green Fields Accounting

    We have a full bookkeeping service to help you keep your financial statements compliant. We are also experts in taxation. We keep informed of all the latest industry tax changes. We are also Enrolled Agents who are experts in defending our clients in audits with the IRS. We can also help with sales and excise taxes applicable to your business. We will make sure you understand Form 8300 and take care of the e-filing of this form.

  • MarijuanaDoctors.com

    MarijuanaDoctors.com was founded as the trusted gateway for patients searching for medical marijuana treatment in legal medical marijuana states. We provide patients visibility and transparency in selecting a doctor and setting an appointment for a medical marijuana evaluation including detailed profile information, scheduling information, and ratings and reviews.

  • Harbor Collective MMCC

    Harbor Collective is your Downtown San Diego dispensary. 100% LEGAL! Voted Best City-Approved Medical Marijuana Dispensary in San Diego. Harbor Collective MMCC provides quality flowers of Indica, Sativa and Hybrids. We also have a wide selection of Moon Rocks, Cartridges, Edibles, Topicals, Pre-Rolls, Extract Wax and Extract Concentrates. We carry a selection of clones for sale but they sell fast so back orders are sometimes expected. We have great deals on Eternal Cartridges at 4 for $100! and much more! View our special offers page to benefit from our friendly hearts.

  • eBottles 420

    The ultimate online resource for packaging supplies: we offer multiple options for every item you would possibly need, from vape cartridges to concentrate jars to child-resistant bottles.

  • LC Solutions Michigan PLLC

    LC Solutions offers clients timely accrual based bookkeeping, cost accounting strategies, planning, and consulting services. Our model supports an ongoing client relationship, helping to ensure accurate accounting records throughout the year. We are professional, patient, and creative in our approach. LC Solutions specializes 100% in serving Michigan’s Medical Cannabis industry.

  • Sapphire Risk Advisory Group

    Sapphire is an organization of professionals whose careers are centered on the science of preventing crime and increasing pro-business results through the implementation of controls and processes. Our vision is to create environments that are crime adverse due to strategic planning and foresight. Sapphire will be in your corner with advice and counsel as long as your organization is continuing to grow.

  • HappyChap Creative

    An upstart design/build/create/help/strategize agency based in the Pacific Northwest. We help good people & companies get the recognition they deserve through clever, honest communication and the right look. We love working with cannabis brands who set a high bar for quality and who emphasize the positive impact that cannabis legalization will have on the world.

  • IndicaOnline

    IndicaOnline is the most trusted Point-of-Sale software in the Medical Marijuana Industry across the U.S. and Canada. Founded in 2010, IndicaOnline combines an intuitive iPad POS software, a user-friendly interface, and an all-in-one hardware unit to accommodate every aspect of a medical marijuana business.

  • Gehl Search Partners

    Gehl Search Partners (GSP) finds the best talent available for a wide range of positions. Our specialty is in professional recruitment within highly regulated industries such as cannabis, adult beverage, and FMCG/CPG throughout the US & Canada. Our primary focus is in sales, marketing, strategy and planning, finance, and accounting roles. We collaborate with our clients to identify, attract and onboard accomplished executives in mid level to senior level roles.

Want a job in the cannabis industry?

Sign up to apply for unlimited jobs and get discovered by companies who are hiring

Post Your Resume View all jobs

Best vacancies

Subscribe for daily cannabis news, announcements, and business insights.

флешки кредитки

https://viagraon.com

www.gazon.net.ua