5 Highlights From this Year’s MJBizCon 2023 in Las Vegas

2.8 min readPublished On: December 4th, 2023By

LOS ANGELES- MJBizCon, the premier cannabis industry conference, made its mark in Las Vegas this year, captivating attendees with the latest trends, innovations, and groundbreaking developments. It’s tough now for many operators with many going to the wall. Only the strongest, most highly capitalized companies have survived the last few years.  As cannabis enthusiasts and industry professionals gathered last week in Las Vegas, several key themes and highlights emerged from the event. Here are five things that people saw and experienced at MJBizCon 2023.

1. Cutting-Edge Technology Showcase:

One of the major attractions at MJBizCon was the showcase of cutting-edge technology transforming the cannabis industry. From innovative cultivation techniques to state-of-the-art extraction processes, attendees witnessed a plethora of technological advancements. Automated harvesting systems, precision dosing equipment, and advanced tracking and compliance solutions were among the technological marvels on display, providing a glimpse into the future of cannabis cultivation and distribution.

2. Sustainability Initiatives Take Center Stage:

Sustainability emerged as a key theme at MJBizCon 2023, reflecting the industry’s commitment to eco-friendly practices. Exhibitors and speakers highlighted various initiatives, including energy-efficient cultivation methods, eco-friendly packaging solutions, and waste reduction strategies. The emphasis on sustainability not only aligns with global environmental concerns but also positions the cannabis industry as a responsible player in the broader business landscape.

3. Expansion of Cannabis Wellness Products:

The growing acceptance and mainstream popularity of cannabis and wellness products were evident at MJBizCon. Attendees witnessed a dazzling and diverse array of infused products, ranging from beverages and edibles to skincare and wellness supplements. The industry’s pivot toward health and wellness reflects changing consumer preferences and a broader acknowledgment of the therapeutic potential of cannabinoids beyond recreational use.

4. Regulatory Updates and Advocacy Efforts:

MJBizCon provided a platform for discussions around the evolving regulatory landscape of the cannabis industry. Experts and policymakers shared insights into new regulations, compliance requirements, and potential legislative changes. Attendees were updated on advocacy efforts aimed at fostering a more favorable legal environment for the cannabis business. These discussions underscored the industry’s ongoing commitment to navigating complex regulatory frameworks and driving positive legislative changes. 40 Tons brand had center stage in the cultivation area where they had a full size replica of a prison cell to highlight the fact that thousands of our fellow citizens are still in jail, for doing what we are all doing now.

5. Networking Opportunities and Female Collaboration:

Beyond the exhibition floor, MJBizCon offered invaluable networking opportunities for professionals across the cannabis spectrum. Attendees seized the chance to connect with industry leaders, entrepreneurs, and experts. Collaborative efforts, partnerships, and knowledge exchange were at the forefront, highlighting the sense of community and shared vision within the cannabis industry. In particular the Feminine Forward and the Blunt Brunch Nationals were exceptionally good networking events for female leaders in cannabis.

MJBizCon 2023 in Las Vegas proved to be a pivotal event, showcasing the dynamism and growth of the cannabis industry. Often called a ”Chadfest” MJBizCon remains the premeir global gathering of cannabis business people including everyone from Chad’s to Karens and everyone in between. From technological innovations to sustainability initiatives, the event highlighted the industry’s commitment to progress and positive change. As cannabis continues its journey toward broader acceptance, events like MJBizCon play a crucial role in shaping its future and fostering a community dedicated to innovation and responsible business practices.

About the Author: HCN News Team

The News Team at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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