Whitney Economics Blog

Beau Whitney is the founder and Chief Economist at Whitney Economics, a global leader in cannabis and hemp business consulting, data, and economic research. Whitney Economics is based in Portland, Oregon. Beau has provided policy recommendations at the state, national and international levels and is considered an authority on cannabis economics and the supply chain.

Executive Summary: Cannabis Delinquencies: An Existential Threat to the U.S. Cannabis Industry

Cannabis Delinquencies: An Existential Threat to the U.S. Cannabis Industry Beau Whitney, Chief Economist March 29, 2024   Executive Summary There are a lot of conversions happening within the industry and among state and federal policy makers about the future state of cannabis. Issues i...

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Whitney Economics U.S. Legal Cannabis Forecast - 2024 - 2035

Whitney Economics Forecasts U.S. Legal Cannabis Sales to Top $31.4 Billion in 2024       March 20, 2024 - Portland, OR - Whitney Economics, a global leader in cannabis and hemp business consulting, data, and economic research, announced the release of its 2024 U.S. legal cannabis sa...

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Whitney Wire – State Focus: Ohio legalization  

Whitney Wire – State Focus: Ohio legalization   This month, Ohio became the 24th state to legalize cannabis for adult-use purposes. This month, we thought we would take a look the potential of the Buckeye State cannabis market.   Current Ohio Data Overall, Ohio is already a stron...

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U.S. National Cannabinoid Report - Executive Summary

2023 U.S. National Cannabinoid Report Beau Whitney, Chief Economist October 2023 Disclaimer Whitney Economics does not take a position on the legalization of cannabis nor does it take positions on proposed legislation; however, it does derive revenue from cannabis and hemp related companies an...

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The Future of Hemp is Bright. But is the Industry Ready?

Despite low acreage now, the future of hemp is bright In 2019, there were close to 525,000 acres licensed for hemp cultivation. Acres licensed for hemp were below 70,000 in 2022, which is the lowest acreage since the passage of 2018 farm bill. There are questions as to whether the current number of...

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A Growing Divergence. How will Declining Acreage Impact Hemp’s Potential

Hemp has been a hot topic as of late, even when it comes to adult-use and medical policies. Despite being separated legally, there seems to be an intersection when it comes to how cannabis and hemp can coexist. Despite these discussions, there is a lot of education that needs to be done on hemp in g...

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Are Canadian Failures a Harbinger to Come For U.S. Cannabis Operators?

Cannabis Supply Issues Strike Again. Oversupply has taken down a publicly-traded giant (NASDAQ:CGC) in Canada's cannabis market.  In a sobering piece published by Market Watch, the headline really says it all: "Once-mighty Canopy Growth loses billions as dream of pot riches runs into reality o...

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Survey Report Shows U.S. Cannabis Industry in Crisis

Whitney Economics Report Finds only 24.4%of U.S. Cannabis Businesses are Profitable Whitney Economics, the leading cannabis economics data, consulting and research firm, has published the second annual Cannabis Operator Sentiment and Business Conditions survey report. The report is the result of an...

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Is Now the Time to Invest In Industrial Hemp? – Observations on the EU and U.S. Opportunities

A Convergence of Thought Leaders Yields Optimism On June 7-9, a group of industrial hemp thought leaders converged on Brussels, Belgium, for the annual European Industrial Hemp Association (EIHA) conference. This is a significant event that brings together business operators and other stakeholders ...

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Whitney Economics Analysis of New York Licensing

Summary: New York is major U.S. cannabis market with a remarkably small amount of legal market participation. New York will not be able to win consumers to the legal market with only small operators due to the lack of sufficient supply resulting in higher prices. Larger operators can ...

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Latest Insights

Reports

10/29/2024
New York State Cannabis Program Retail Analysis DOWNLOAD NOW
05/15/2024
Vangst - Whitney Economics Jobs Report 2024: Positive Growth Returns DOWNLOAD NOW

In the News

12/12/2022
In 2022, U.S. Cannabis Supply Exceeds 48.8 Million Pounds READ ARTICLE
1/05/2022
Mainstream Weedia: The Green Economy, Part I LISTEN NOW

Speaking Engagements

7/22/2020
The State of Hemp: Key Learnings from 2019 and a Forecast for 2020
National Industrial Hemp Council, Washington, D.C.
7/2/2020
Cannabis Interstate Commerce and its Role in Promoting Social Equity
The State of Cannabis

Media

9/28/2019
US hemp dreams may be dashed READ ARTICLE
9/27/2019
Hemp's first year as a commercial crop is turning into a disaster with billions rotting on farms READ ARTICLE

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