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Canna-flation – High-End Cannabis Brands are About to Meet Price-Conscious Consumers in a Big Way

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The cannabis industry consists of different products ranging from flowers, extracts, edibles, and so on. With such a wide variety of products, their categories in the market tend to evolve and change with time. What this means is that some of these products possess tiers and sub-tiers that impact which products rank higher before the consumer. It is therefore important to look at what will make a cannabis product high in demand. Read on as we explore what sets a cannabis product out to consumers who set cannabis prices as the bottom line.

Prices, Purchasing Power, and Options

Cannabis dispensaries are organized to differentiate top-shelf products from generic products on the menus. Branding, marketing, and organization in the dispensary have served as key differentiators used to separate these products. The aim is to ensure that the customers can be attracted to the features, benefits, quality, and other traits of such top-shelf products. This is expected to inform the buying decision of such a customer and direct them to the top products in the dispensary. However, trends have shown that the major factor driving consumers buying decisions in 2022 is cannabis prices.

The purchasing power of a consumer is a very important factor that determines what the consumer can purchase market. This means that cannabis consumers are very conscious of the prices of products in line with their purchasing power. While this is predominantly true, the cannabis industry is such that consumers aim to get maximum satisfaction from their products. This means while also considering prices and their purchasing power, cannabis consumers want to get the most for their money.

Cannabis flower prices on the West Coast plunged recently with the prices of outdoor and greenhouse products dropping by 50% from last year. This means consumers that are very particular about the prices of products now have a bigger net of options to choose from.

Jason Bridges as the head of merchandising with Amuse which is one of the largest cannabis distributors in California. He recently weighed in on the discussion about price-conscious consumers in the cannabis industry. Bridges believe that consumers are more price-conscious now than they were a couple of years ago. He added that consumers are normally willing to pay top dollar for flowers with as high as 30% THC due to their quality and potency. However, a number of small brands now possess flowers with high THC content at low prices. Bridges, therefore, believes this has affected the mindset of consumers to seek products with high THC content and low prices irrespective of brands.

How do these products perform in the market?

What will help you understand this market characteristic of cannabis consumers is how cannabis products perform in mature markets. Headset reported on the popularity of cannabis products in mature markets earlier this year. The results showers that the products are consistently ebb and flow based on consumer performance in the market. As the markets mature, edibles and other products are gradually taking prominence from cannabis flowers which normally dominate the market. Other products such as tinctures, sublingual strips, pre-rolls, and beverages are also becoming important. Canada recorded a stunning 3,000% growth in tinctures and sublingual products over the year.

Distinction across groups of products also affects the prices and performances of such products. As stated earlier, some products easily possess tiers and sub-tiers which perform differently and thus cannot be generalized. Flowers for example according to Bridges possess about five different tiers which are more than that of any product. These tiers have different prices and so are expected to be arranged differently and perform differently. Edibles on the other hand are all within the same price range which means their performance in the market depends on the customer’s preference. Other products like vape cartridges and pre-rolls despite their small distinctions are still similar in performance. This means only flowers possess a wide margin in pricing tiers that might influence the customer’s choice.

BDSA analysis also showed the performance of some products of some of these products in the cannabis market in California from 2021. The product that has recorded the most increase in the vape market is live resins. Resins are gradually becoming a household name in cannabis dispensaries as they are top-shelf products with a top stake in the vape market. The analysis from BDSA shows that live resins make up 30% of vape sales in California in 2021. This was a steady increase.10% in 2019. Presently, live resins have grown to more than 75 percent of top-priced products in that category. This trend of live resins is similar to that of flowers in the market where top-shelf products outperform budget buds.

With more subcategories emerging, differentiation in cannabis prices is set to be a major discussion topic in 2022 as products jockey for top-shelf. Consumers have to decide which products have additional benefits and deserve the premium of higher prices. This category is already seen in the edibles market where consumers willingly pay more for additional functional benefits in the gummies. Gummies that have CBD are 20% higher in price than those without. Nonetheless, they have recorded an increase in sales by 40 percent from 2020 to 2021 according to BDSA. Gummy products with minor cannabinoids such as CBN and CBG are also increasing in popularity and performance in California markets.

Bottom line

The performance of cannabis products in the market has shown that the cannabis industry is not like other industries out there. While predictions can be made on which product should perform more than the other, the onus still lies in the hands of the consumer to choose what he wants. With a wide array of products available to meet the need of the consumer, jockeying for the top shelf has become less definite. Purchasing power and prices might be a strong determinant in some regions while benefits are the major factor for some categories. This means ultimately the products which suit the personal preference and capabilities of the consumer should be expected to perform more. Yet, this too is not set in stone so don’t bet on it.

Source: https://cannabis.net/blog/b2b/cannaflation-highend-cannabis-brands-are-about-to-meet-priceconscious-consumers-in-a-big-way

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Jio’s 1,600-Satellite LEO Constellation Gets Technical Green Light

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Reliance Jio has crossed a significant milestone in its space connectivity ambitions after its proposal to deploy a Low Earth Orbit (LEO) satellite constellation of around 1,600 satellites received a positive technical assessment from the Indian National Space Promotion and Authorisation Centre (IN-SPACe).

The evaluation, conducted jointly by IN-SPACe, the Indian Space Research Organisation (ISRO), and the Wireless Planning and Coordination (WPC) wing of the Department of Telecommunications, reportedly concluded that Jio’s proposed system meets the required technical standards and is comparable to leading global satellite broadband networks.

India’s Indigenous LEO Satellite Vision

Under the proposal, Reliance Jio plans to deploy between 1,600 and 1,650 satellites in Low Earth Orbit at an altitude of around 650 kilometres.

The planned constellation is expected to provide high-speed satellite connectivity across India, with approximately 32 satellites visible from any location at a given time. The company aims to roll out the network within the next two to three years, subject to regulatory approvals.

According to industry estimates, the satellite system could deliver 4.5 to 5 terabits per second (Tbps) of total data capacity, making it one of the largest satellite broadband projects proposed in India.

The project is expected to require an investment of $10–15 billion (approximately ₹95,000 crore to ₹1.42 lakh crore), reflecting the scale of infrastructure needed for satellite manufacturing, launches, ground stations, and user terminals.

Regulatory Process Moves Forward

Following the successful technical review, the proposal is expected to move into the next phase of regulatory approvals.

The government may now assist Jio in securing orbital slots, coordinating spectrum usage, and filing applications with the International Telecommunication Union (ITU), the global body responsible for managing satellite orbit and frequency allocations.

Obtaining orbital rights remains a critical step, as Low Earth Orbit has become increasingly competitive due to the growing number of satellite broadband projects being planned worldwide.

Officials also indicated that the proposed satellite architecture has been designed to coexist with future Indian LEO constellations, allowing multiple domestic operators to share orbital resources efficiently.

Broadband, Mobile Connectivity, and Strategic Applications

Jio plans to use the satellite network to provide a range of communication services, including satellite broadband, mobile backhaul, enterprise connectivity, and direct-to-device (D2D) satellite communication, particularly in remote and underserved regions where conventional telecom infrastructure is limited.

The company also intends to establish 20 to 22 ground stations across India to support network operations.

Apart from commercial telecommunications, officials have highlighted the project’s potential strategic importance. A domestically developed satellite constellation could strengthen India’s communication infrastructure, reduce dependence on foreign satellite operators, and support national security requirements.

Reports suggest preliminary discussions are underway regarding the possibility of integrating defence-related payloads into some satellites, enabling both civilian and strategic use.

Major Step for India’s Space and Telecom Sectors

Industry analysts view the technical clearance as an important milestone in India’s expanding private space ecosystem. If Jio secures the remaining regulatory approvals and international orbital clearances, the project could become the country’s first large-scale indigenous LEO satellite broadband network.

The initiative also aligns with India’s broader efforts to expand digital connectivity while strengthening its presence in the global satellite communications market.

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Alleged Crores Pharma Scam Mastermind Arrested from Surat

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After evading law enforcement for nearly 13 years, an accused linked to a large-scale pharmaceutical fraud case has been arrested by Delhi Police from Surat, Gujarat. The suspect is alleged to have orchestrated a series of financial scams involving fake identities, forged documents, and dishonoured cheques used to procure high-value pharmaceutical raw materials.

Authorities say the accused, identified as Himmat Singh Lodha, is believed to have defrauded multiple pharmaceutical companies in Delhi of goods worth approximately ₹98 lakh before disappearing and remaining underground for years.

Fake Business Deals and Dishonoured Cheques Used in Fraud

Investigators claim the accused posed as a legitimate pharmaceutical trader and placed bulk orders for expensive drug ingredients, offering post-dated cheques as payment security.

In one documented case from 2013, he allegedly obtained around 550 kilograms of Gliclazide, a diabetes-related pharmaceutical ingredient, valued at over ₹26 lakh. When suppliers attempted to encash the cheques, they were reportedly returned with the remark “account closed.”

Following the transaction, the accused allegedly vacated his office and rented residence and disappeared without settling payments. He was later declared a proclaimed offender in 2016 after repeatedly failing to appear before court proceedings. Authorities had also issued a reward for information leading to his arrest.

Multiple Identities and Repeated Fraud Pattern

Police investigations further link the accused to another cheating case dating back to 2012, where he allegedly used a fake identity, “Kailash Jain,” to obtain a large consignment of Ambroxol HCL, a pharmaceutical compound used in cough medications. The value of that consignment was estimated at around ₹72 lakh.

Officials believe the accused followed a consistent modus operandi—posing as a credible businessman, securing high-value goods on deferred payment terms, and then disappearing after delivery while shutting down business operations.

Investigators suspect that forged business records, fake company credentials, and fabricated financial histories were used to build trust with suppliers and gain access to expensive raw materials.

Multi-State Surveillance Leads to Arrest in Surat

A special Crime Branch team tracked the accused through coordinated surveillance efforts across multiple cities, including Mumbai, Ahmedabad, and Surat. After nearly a month of technical monitoring and intelligence gathering, officials located and arrested him from a residential area in Surat.

Authorities also revealed that the accused had been involved in property-related activities while staying under the radar to avoid detection.

Growing Threat of Corporate Identity Fraud

The case highlights a rising trend of organised financial fraud targeting industries that rely heavily on trust-based transactions and deferred payments. Experts note that criminals increasingly exploit gaps in corporate verification systems by using fake GST registrations, temporary offices, and forged documentation to appear legitimate.

Cybercrime and financial fraud specialists warn that such schemes are becoming more complex with the widespread availability of digital business tools, making it easier to create convincing but fraudulent corporate identities.

Experts Urge Stronger Due Diligence in High-Value Transactions

Experts, including former IPS officer and cybercrime specialist Prof. Triveni Singh, emphasize the need for stricter verification procedures in commercial dealings. He noted that relying solely on paperwork or digital business profiles can expose companies to significant financial risk.

Authorities and industry experts recommend physical verification of business operations, bank account validation, and detailed background checks before engaging in high-value or deferred-payment transactions—particularly in sectors like pharmaceuticals, where single consignments can involve transactions worth crores.

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EU Pressure Builds on Google as Regulators Face Calls for Massive Fine Over Search Practices

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A growing coalition of European industry groups is intensifying pressure on regulators to take decisive action against Google over allegations of unfair search practices that could reshape competition rules across the region’s digital economy.

Investigation Under Digital Markets Act Gains Momentum

The case is being examined by the European Commission under the European Union’s landmark Digital Markets Act (DMA), introduced to curb the dominance of major technology platforms and ensure fair competition.

Launched in March 2024, the investigation focuses on whether Google has been prioritising its own services in search results, potentially disadvantaging rival businesses that rely on online visibility to reach customers.

Industry Groups Demand Swift Action

Several prominent European organizations have jointly urged regulators to conclude the probe without further delay. They argue that prolonged investigations allow alleged anti-competitive practices to continue, putting European companies—especially startups—at a disadvantage.

Signatories include the European Publishers Council, the European Magazine Media Association, the European Tech Alliance, and EU Travel Tech.

In a joint statement, these groups warned that delays in enforcement are affecting innovation, profitability, and growth prospects for regional businesses competing in digital markets.

Google Denies Allegations

Google has rejected claims of bias, stating that its search algorithms are designed to deliver the most relevant and useful results to users. The company has also proposed adjustments to address regulatory concerns.

However, critics argue that these changes are insufficient and fail to address the core issue of market dominance.

Potential Billion-Euro Penalties

If found in violation of the DMA, Google could face significant financial penalties. Under EU rules, fines can reach a substantial percentage of a company’s global turnover, potentially amounting to billions of euros.

Regulators may also impose corrective measures requiring changes to business practices, which could have long-term implications for how digital platforms operate in Europe.

Wider Implications for Big Tech

The case highlights ongoing tensions between European regulators and major U.S. technology firms. In recent years, the EU has taken a more aggressive stance in enforcing competition laws, aiming to create a level playing field for local businesses.

A final ruling against Google could set a major precedent, influencing future enforcement actions and shaping the regulatory landscape for global tech companies operating within Europe.

As scrutiny intensifies, the outcome of the investigation is expected to play a critical role in defining the future of digital competition across the European Union.

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