Data Projects Further Growth For The Legal Cannabis And CBD Markets

The industry keeps on growing

NEW YORK: According to Grand View Research, the global medical cannabis market is expected to reach USD 55.8 billion by 2025. Increasing use of cannabis for medical purposes is one of the key factors that drives the market. The CBD market is projected to experience rapid growth in the cannabis industry due to its medical benefits, which are Read the full article…

Potbotics Joins The Blinc Group

Potbiotics joins The Blinc Group

NEW YORK: Potbotics, a data aggregation and technology company focused on the global medical cannabis market, has joined The Blinc Group incubator with the goal of developing adoption and distribution strategies across the US for the first smart dose measuring vaporizer. A key component of alternative medicine is dosing, and the process can be risky Read the full article…

Cannabis Market Expected to Grow As Legalization Spreads

Marijuana is big business

NEW YORK: According to a new report from Brightfield Group, the global cannabis market is currently worth $7.7 billion and is expected to reach $31.4 billion by 2021. The United States accounts for about 90 percent of the market. But the U.S. domination of the market is expected to drop to 57 percent due to legalization of cannabis in other countries. Canada is Read the full article…

Baker Acquires Grassworks To Further Solidify Position As “The Salesforce of Pot”

Founded in 2014, Baker has grown from three founders, representing a couple of dispensaries in Denver, to a staff of over 50 and representing more than 700 dispensaries across 16 states and Canada.

COLORADO: Baker, a leading customer engagement software company for marijuana dispensaries, has announced the acquisition of Seattle-based Grassworks Media, the second largest CRM player in the cannabis market, making Baker the largest and most innovative company in the space. As a result of the acquisition, Baker will add Grassworks’ approximately 150 dispensary clients to its roster of Read the full article…

Global Medical Marijuana Market – Industry Trends & Updates (2016-2022)

Introducing the CCC

IRELAND: The global medical marijuana market in 2016 was USD 12.67 billion and will reach USD 33.41 billion by 2022 at a CAGR of 17.53% during the forecasted period, according to a new report, the “Global Medical Marijuana Market – by Medical Indications, Mode of Administration, Region – Market Size, Demand Forecasts, Industry Trends and Updates Read the full article…

greenRush.com Closes $3.6 Million Series A Funding Round

Since its inception in 2015, millions of dollars in legal Cannabis transactions have been facilitated on the greenRush platform. As a result, greenRush’s proprietary data offers unique insight into global online Cannabis purchasing behavior in both the recreational and medical industries.

CALIFORNIA:  greenRush.com, the largest online marketplace for legally purchasing cannabis, today announced the $3.6 million closing of its Series A Funding Round. The Round will fuel the expansion of the company’s current recreational and medical marijuana services in California, Nevada, Massachusetts, Maryland, New York, Pennsylvania, and Illinois. The company’s latest group of investors include James Weil, President Read the full article…

Revolutionary Clinics Opens Up Dispensary In The Greater Boston Area

Revolutionary Clinic Opens in Boston

MASSACHUSETTS: Revolutionary Clinics, a vertically integrated medical marijuana company, today announced that its new dispensary, located at 67 Broadway, Somerville, MA, opened to patients on Thursday, November 9, 2017 at 11:00 AM Eastern Time. The company hosted a Grand Opening for the dispensary on Thursday, November 9, 2017 for the community.  Investors, media and customers were invited to attend this special event Read the full article…

Casa Verde Capital Leads Investment In Cannabis Testing Lab Cannalysis

Cannalysis gets funding from Casa Verde Capital

Snoop Dogg Venture Firm Helps Analytical Cannabis Laboratory Expand Its Nationwide Footprint CALIFORNIA: Cannalysis, a cannabis testing laboratory, announced today a seed investment led by Casa Verde Capital. As the premier cannabis testing lab in the market, Cannalysis harnesses technology to provide best-in-class service to some of the largest cultivators and brands in California. With California’s Read the full article…

Tilray Exports Medical Cannabis Genetics To The European Union

Europe is going green

PORTUGAL: Tilray, a GMP-certified global leader in medical cannabis research and production, today announced that the company has successfully exported live medical cannabis genetics from its flagship British Columbia, Canada facility to its European Union Campus in Cantanhede, Portugal. The announcement is the first time a company has legally exported live cannabis genetics from North America Read the full article…

Washington: Cannabis Sales Exceed $1.1 Billion In 2017

Edibles are changing the marijuana marketplace

WASHINGTON:  Retail marijuana sales in Washington state exceeded one billion dollars during the first nine months of 2017, according to data compiled by the State Liquor and Cannabis Board. Retail sales now stand at record highs, with monthly sales exceeding $130 million – up from $106 million in February. Overall, year-to-date marijuana sales in Washington are $1,101,853,539. In Read the full article…