Weed Wonks Episode 51: Canabis Economics with Andrew Livingston and Adam Orens
Dec 11, 2020
Adam Orens of MPG Consulting joins the podcast to talk about cannabis sales and other economic data.
Economics & Research
Vicente Sederberg LLP's proprietary projection models and comprehensive knowledge of the laws that structure cannabis markets enable us to offer a broad range of customizable research and analytical services that deliver valuable insights to private and public sector clients, providing them with a data-driven basis for their business or policy decisions.
In addition to informing clients' business and product development decisions, our patient projections and demand models have contributed to winning medical marijuana business license applications in many of the nation's most competitive state licensing processes, including Florida, Hawaii, Maryland, New York, North Dakota, Ohio, and Pennsylvania.
We have been developing detailed models to understand cannabis market dynamics since well before the nation's first legal adult cannabis sales. Our team members have spent years researching and shaping medical and adult-use cannabis markets in the U.S. and internationally, earning VS a reputation as a go-to source for businesses, trade associations, governments, and media members seeking reliable information and analysis.
LEADERSHIP
Services
Select a category below to learn more about our economic and research services.
- Statewide economic projections of medical and adult-use cannabis markets
- Demand forecasting for state cannabis programs
- Business pro forma creation and review
- Tax revenue projections for local governments and new cannabis initiatives
- Supply and demand modeling to predict market capture and opportunities for growth
- Analysis of competitor market penetration based on publicly available data
- Growth projections for specific cannabis product categories and market segments
- Patient population growth models in medical states
- National research on regulatory issues facing different cannabis products and services
- Strategic guidance identifying states and municipalities where market conditions provide optimal business opportunities
- Epidemiological research to estimate patient statistics
- Multilayered analysis of local governments’ zoning locations for business development
- Research on trends for new cannabis products and services
Experience
- Projected market size and designed business pro forma for clients who submitted successful licensing applications in more than a dozen highly competitive markets, including Arkansas, Connecticut, Florida, Maryland, New York, North Dakota, Ohio, and Pennsylvania
- Creating multiple comprehensive models and detailed written analysis for Massachusetts adult-use market demand, supply and licensing to evaluate entrance strategy
- Evaluated market demand and past corporate deals to identify potential edible product licensing partners in Florida
- Designed models to understand seasonal market demand on the island of Nantucket for successful retail store license
- Performed in-depth corporate analysis of multi-state cannabis operators to guide strategic due diligence for potential national licensing partners
People
News
Cannabis in the 2020 Election: Where Did We Win?
Nov 11, 2020
Josh Kappel and Charlie Alovisetti give a post-election update for investors in this CanopyBoulder Investor Hub event.
The Impact of COVID-19 on the Cannabis Industry
By Charles Alovisetti, Sahar Ayinehsazian, Andrea Golan
Nov 5, 2020
The coronavirus and efforts to contain it have led to changes in the regulatory landscape and consumer behavior that are likely to shape the cannabis industry moving forward. In spite of COVID-19, or perhaps because of it, the cannabis industry is thriving, and will continue to do so as long as demand remains strong and operators adhere to the rules and regulations designed to keep consumers and employees safe.
The Economic Benefits of Regulating and Taxing Cannabis in Texas
By Andrew Livingston, Shawn Hauser, Dwight Clark, Mason Tvert
Oct 21, 2020
Texas could see more than half a billion dollars in annual tax revenue and tens of thousands of new jobs if it legalizes cannabis, a VS analysis finds.
Analysis: Potential Commercial Cannabis Demand, Sales and Tax Revenue in Vermont
By Andrew Livingston
Aug 12, 2020
This economic report, produced on behalf of the Marijuana Policy Project, examines the potential tax revenue associated with S.54, the Vermont bill to regulate and tax cannabis sales.
Illinois Cannabis: Regulatory Update for Investors with Jerrico Perez and CanopyBoulder
Jul 27, 2020
Join VS attorney Jerrico Perez on the CanopyBoulder Investor Hub for information on the state of the Illinois market and where the opportunities lie for investors.
Missouri Cannabis: Regulatory Update for Investors with Carl Werner and CanopyBoulder
Jul 17, 2020
Watch this interview with Carl Werner on the CanopyBoulder Investor Hub for information on the state of legal cannabis in Missouri and where the opportunities lie for investors.
Andrew Livingston Discusses Cannabis and COVID-19 on Thinking Outside the Bud Podcast
Apr 15, 2020
Andrew Livingston discusses what's going on in the cannabis markets during the coronavirus crisis and implications for the cannabis industry in the coming months with host Bruce Eckfeldt.
Andrew Livingston Examines the Economics of Cannabis in a Recession with CanopyBoulder
Apr 8, 2020
Andrew Livingston talks about cannabis economics during the coronavirus crisis in this CanopyBoulder Investor Hub event.
Weed Wonks Episode 10 - Oklahoma! With Dwight Clark
Feb 19, 2020
VS political analyst, technical writer, and former Oklahoman, Dwight Clark, sat down with the Weed Wonks to discuss the current nature of cannabis in Oklahoma, how its MMJ legalization drastically differed other states, and how their regulatory rollout of MMJ could shape other state's legalization efforts going forward.
Legal Adult Cannabis Sales in Massachusetts Surpass Half a Billion Dollars Since Legalization
Feb 12, 2020
Legal adult cannabis sales in MA have surpassed half a billion dollars and raised approximately $100 million in tax revenue since they commenced in 2018. Check out our analysis of the state data.
Colorado Marijuana Revenue Surpasses $1 Billion
Jun 17, 2019
In the Media
- The Denver Post, "Marijuana Delivery, Social Equity Reform and Other Colorado Cannabis Trends to Watch in 2021," December 29, 2020
- Texas Hill Country News, "Ag Commissioner Supports Expanded Medical Cannabis in Texas," December 1, 2020
- Marijuana Business Daily, "Growing Markets Lift Multistate Cannabis Operator Earnings as Many MSOs Turn the Corner," November 25, 2020
- Killeen Daily Herald, "Killeen-heights Residents React to Bill That Would Legalize Marijuana," November 20, 2020
- Cannabis Business Times, "What’s next for the Five States That Legalized Cannabis in the 2020 Election?," November 18, 2020
- Weed Week, "CannaBiz Can Lead in Environmental Sustainability: Report," November 18, 2020
- HoustonPress, "Could Texas Make Weed Legal in 2021? Not If Dan Patrick Doesn't Loosen-up, Advocates Say," November 16, 2020
- Broward-Palm Beach New Times, "Four States Just Legalized Weed. Is Florida Next?," November 12, 2020
- Marijuana Today Podcast, "Episode 329 – Drugs Just Won the War on Drugs," November 9, 2020
- JD Supra, "Part 2: Fourth Annual State of the Cannabis Industry Conference – Roadmap to Restructuring and Workouts in the Cannabis Industry," November 9, 2020
- Bloomberg Law, "Professional Perspective: The Impact of COVID-19 on the Cannabis Industry," November 5, 2020
- Marijuana Business Daily, "Here’s How to Get the Best ROI in Potential New Cannabis Markets," November 1, 2020
- Real Money, "New York Lays the Groundwork for Legalizing Cannabis," October 29, 2020
- The Leaf Online, "Legalization Could Be Financial Bonanza for Texas," October 28, 2020
- Cannabis Business Times, "Virginia and Missouri Launch Medical Cannabis Sales, New York Governor Renews Adult-use Legalization Push: Week in Review," October 24, 2020
- High Times, "Report Finds Legal Cannabis Could Bring Texas $500m in Annual Tax Revenue," October 22, 2020
- NORML, "Texas: Analysis Estimates Legalizing the Cannabis Market Could Create 40,000 Jobs, save $311 Million in Criminal Justice Costs," October 22, 2020
- Dallas Observer, "Legalizing Weed Would Make Texas $500 Million a Year in Tax Revenue, New Report Says," October 22, 2020
- Marijuana Moment, "Marijuana Legalization in Texas Would Generate Billions in Tax Revenue, New Economic Analysis Shows," October 20, 2020
- PotNetwork, "Legal Cannabis Could Be a Boon to Texas Says New Report," October 19, 2020
- Cannabis Business Times, "Analysis: If Texas Legalizes Cannabis, It Could Collect More than Half a Billion Dollars per Year in New Tax Revenue," October 19, 2020
- Marijuana Business Daily, "Impending Adult-Use Marijuana Program Will Test "Made in Vermont" Ethos," October 14, 2020
- PotNetwork, "Vermont Legislature Legalizes and Regulates Adult-Use Cannabis," October 8, 2020
- InvestorIdeas, "Vermont Passes Legislation to Regulate Cannabis for Adults," October 8, 2020
- Business Insider, "Lawyers Who Specialize in Cannabis Are Eyeing the Burgeoning Psychedelics Industry as Companies Studying Magic Mushrooms Go Public," September 30, 2020
- Vice, "How the US Weed Edibles Scene Compares to Canada," September 29, 2020
- Marijuana Business Daily, "New Wave of Multistate Marijuana Operators Hope They Have the ‘secret Sauce’ to Succeed," September 16, 2020
- Mountain Times, "Economic Report Shows Potential for Higher Revenue If Lawmakers Finalize Bill to Regulate and Tax Cannabis," September 9, 2020
- NJ.com, "With Cannabis Legalization on the Ballot, Towns Are Weighing Their Options, Experts Say," August 31, 2020
- Forbes, "Pennsylvania Banks on Marijuana Legalization to Help Pandemic Budget Crisis. Here’s Why It Won’t Work (and Why That’s a Problem)," August 25, 2020
- NJ.com, "Is Marijuana Right for Your Town? Industry Insiders Discuss How Legalizing the Plant Would Impact Communities at This Tuesday Forum," August 24, 2020
- Marijuana Moment, "Vermont Bill to Legalize Marijuana Sales Finally Scheduled for Key Meeting," August 18, 2020
- mg Magazine, "Marijuana Policy Project: Vermont Economic Report Shows Revenue Potential," August 14, 2020
- Crain's Detroit Business Online, "Weed Industry Thrives in Covid-19 Economic Drought," August 8, 2020
- Heady Vermont, "New Economic Report Highlights Potential Tax and Regulate Revenue in Vermont," August 5, 2020
- Marijuana Business Daily, "As Federal $600 Weekly Jobless Benefit Expires, Cannabis Sales at Risk," July 31, 2020
- CannabisWire, "Today, Texas' Cannabis Industry Is Tiny. Cannabis Giants See Potential.," July 27, 2020
- Marijuana Business Daily, "Oklahoma's Business-friendly Medical Cannabis Program Has Room to Grow, Experts Say," May 18, 2020
- Thinking Outside The Bud, "Thinking Outside The Bud Episode 112," April 15, 2020
- Crain's Detroit, "Flower Power: C3 Industries Targets Quality Over Quantity in Competitive Cannabis Market," April 5, 2020
- Cannabis Wire, "Florida: Cannabis Companies Spent Big to Lobby in 2019. What About 2020?," March 30, 2020
- Marijuana Moment, "DEA Unveils New Rule To Finally Allow More Marijuana Growers For Research," March 20, 2020
- Marijuana Business Daily, "Wholesale Cannabis Flower Prices in Massachusetts Climb on Mounting Demand, Slugish Supply," March 16, 2020
- Chicago Tribune, "Illinois Has a Major Supply Shortage of Legal Cannabis. Could a Pipeline to Buy Product from Other States Help?," March 10, 2020
- Benzinga, "The Nine Foundational Pillars of Cannabis Markets," February 4, 2020
- Merry Jane, "Massachusetts Has Already Topped $500 Million in Legal Cannabis Sales," February 3, 2020
- Boston Business Journal, "Packies Argue More Beer, Wine Sellers also Mean More Pot Shops," January 13, 2020
- Law360, "Amid FDA Warning, Hemp Companies Rethink CBD," January 13, 2020
- PR Newswire, "Burns & Levinson and Vicente Sederberg Announce Nationwide Collaboration to Provide One-Stop Legal Services to Cannabis Industry," December 9, 2019
- Crain's Detroit Business Online, "Opt-Outs, High Prices Keep Conditions Strong for Marijuana Black Market," December 1, 2019
- Marijuana Business Daily , "More Medical Cannabis Companies Bolster Operations in Lucrative Florida Market Following Smokeable Flower Ban Repeal," November 11, 2019
- The San Diego Union-Tribune, "Oregon has too much cannabis. Two laws may help the state manage its surplus.," June 24, 2019
- DOPE Magazine, "How Far Does Colorado’s Tax Money Go?," June 3, 2019
- Marijuana Today Podcast, "Pushing the Frontier of Drug Legalization," May 16, 2019
- Digital Journal, "U.S. Cannabis Investors Need to Keep an Eye on Banking Access," March 11, 2019
- Times-Herald Record, "Legalization of pot could have NY on an economic high," January 26, 2019