Cannabis PE Firm Merida Capital Partners Exceeds $50 Million In Assets Under Management

“Merida continues to see an acceleration of institutional interest in our core strategy,”

NEW YORK:  Merida Capital Partners, a private equity fund targeting fundamental growth drivers underpinning the rapid development of the cannabis industry, announced it has crossed $50MM in assets under management and closed transactions in nine companies in its second Fund. With the full deployment of Merida’s first tranche of Fund II and the opening of the firm’s Read the full article…

Shango Brand Expands To California, New Jersey And Michigan

Shango

OREGON: Rexroad Marquis Corporation has announced major initiatives for expansion of the Shango Premium Cannabis brand into the legal cannabis markets in California, New Jersey and Michigan, according to a company press release. Rexroad Marquis Corporation (RMC) holds the intellectual property and brand licensing rights to Shango Premium Cannabis, a leading cannabis cultivator, wholesaler and retailer Read the full article…

Snoop Dogg To Speak At C2 Montréal 2018

noop Dogg to speak at C2 Montréal 2018 (CNW Group/C2 Montréal)

CANADA: C2 Montréal is proud to announce that Snoop Dogg will be a speaker at the 7th edition of its flagship event, which will be held from May 23 to 25, 2018 in Montreal, Canada at the Arsenal. The artist turned entrepreneur will take centre stage in the Big Top to discuss his entrepreneurial vision for the cannabis industry. Joining Read the full article…

California — Now The Largest Cannabis Market In The World — Has No Product to Sell

Micro Lab Farms innovative grow technology

CALIFORNIA: According to a report in the Los Angeles Times, California is facing a serious shortage of legal cannabis, caused by a number of factors, including the recent fires that devastated the state, and the lack of city licensing approvals. “Nearly a month after legal sales began for adults in the nation’s most populous state, the longstanding medicinal and Read the full article…

Legislation Key For The Legal Cannabis Market

The global cannabis market in 2016 was 14+ Billion

NEW YORK: The global legal cannabis market was valued at $14.3 billion in 2016 and is forecast to grow at a CAGR of 21.1% between 2017 to 2024, reaching $63.5 billion by 2024, according to a report by Ameri Research. The market is going through a period of robust growth thanks to increasing legalization and decriminalization of cannabis products across North Read the full article…

Cannabis Companies Can Earn Positive Media Coverage And Attract New Business

Public Relations word cloud

By Bill Bongiorno Earning positive media coverage by being a source to the media builds credibility and visibility for cannabis companies. Being quoted in a newspaper, magazine or being a guest on TV as an expert source carries a lot of weight with the public. The media acts as a third-party endorsement. It’s also the best and Read the full article…