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

Twitter Mentions