Cannabis CRM Platform Baker Secures $8 Million In Series A Funding

This year alone, the company grew its staff from 18 to more than 50 full time employees, making Baker one of the largest tech companies in the industry.

COLORADO:  Baker, a leading software platform for marijuana dispensaries and brands, announced that it has secured $8 million in Series A funding, bringing its total amount of capital raised to $11.75 million. The round was led by Poseidon Asset Management, a VC firm that specializes in cannabis.  The raise will fuel the company’s rapid growth. Baker recently acquired Seattle-based Grassworks, the industry’s second Read the full article…

M&A Activity Heats Up In The Cannabis Industry

Marijuana is big business

NEW YORK: Merger and acquisition (M&A) activity in the cannabis industry is heating up, and market analysts point to several important factors contributing to increased activity. Profit is always a central issue, and as the founders of companies established years ago seek attractive exit strategies, new players are considering ways to enter the field in a Read the full article…

Pot Stocks Gearing Up For Strong 2018 As Cannabis CBD Frenzy Intensifies

Introducing the CCC

FLORIDA:  The hemp, cannabis and marijuana industry is booming while more and more retail investors are really taking notice. According to Cowen & Co., legal marijuana sales in the U.S. have the opportunity to reach $50 billion annually by 2026, with cannabis research firm ArcView projecting compound annual growth of 26% in North America through 2021. The cannabidiol (CBD) market Read the full article…

Data Reveals Optimism Regarding Legal Cannabis Sales

Marijuana is big business

NEW YORK: According to a report by New Frontier Data, medical cannabis sales in 2017 are forecast to grow to $5.3 billion, which represents 67% of total cannabis sales. The report estimates that by 2025, medical sales in current legal states are forecast to grow to $13.2 billion, which will account for 55% of total cannabis sales. Read the full article…

Bitcoin’s Rise Solidifies The Intersection Of Cannabis And Cryptocurrency

The rise of cannabis and cryptocurrency

NEW YORK: As bitcoin’s price continues its meteoric rise, which has seen the cryptocurrency skyrocket in value from just under $1,000 at the start of 2017 to above $10,000 in November, a number of companies have taken steps to benefit from the growth of the burgeoning cryptocurrency industry. One area of the industry that appears to offer significant growth potential Read the full article…

Thank You To All Our Loyal Readers, Subscribers, Members And Sponsors!

Happy Hempy Holidays from MJBA

As we enter December and our 5th anniversary, the Marijuana Business Association (MJBA) would like to take this opportunity to thank all our members, sponsors, subscribers and followers for your contribution in helping us to firmly establish ourselves as one of the leading b2b organizations in legal cannabis.  It’s been an amazing first five years, Read the full article…

Global CBD Oil Market To Grow At 39.19% CAGR In 2017-2021.

global CBD oil market to grow at a CAGR of 39.19% during the period 2017-2021

UNITED KINGDOM: Cannabidiol (CBD) is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD oil can be derived from two different species of cannabinoids: marijuana and hemp. The Americas dominated the global CBD oil market in 2016, followed by EMEA and APAC. Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) Read the full article…

New Frontier Data And MassRoots Join Forces

New Frontier and MassRoots Team Up

DISTRICT OF COLUMBIA: New Frontier Data, a leading provider of data, analytics and business intelligence in the cannabis industry, and MassRoots have announced a partnership designed to “elevate digital marketing practices and better understand social consumer behavior at a pivotal time in the cannabis industry.” “It is an exciting time in the cannabis industry whereby Read the full article…

Medical Cannabis Data Shows Strong Sales And Growth

America is pro-pot

According to a research published by Hexa Research, the U.S. medical cannabis market size was valued at USD 5.44 billion in 2016, and is expected to be valued $19.48 billion by 2024. The medical cannabis market is still in stage of development and is expected to grow significantly during the forecast period owing to rising consumer demand. Consumer attitude Read the full article…

Cannabis Trends To Watch In 2018

Trends To Watch In 2018

By Kathy T. Cooley Enthusiasm for Cannabis has grown exponentially in recent years, from the legalization of it as a recreational drug in California and Maine to its potential for medicinal use. While medical research is scant on exactly what marijuana can do, the tides are set to change rapidly for the popular plant as Read the full article…