Cannabis Product Sales Projected To Increase For Both Medical And Recreational Use

Marijuana is big business

NEW YORK: A market report by Ameri Research emphasizes that the global legal cannabis market was valued at $14.3 billion in 2016 and is projected to grow at a CAGR of 21.1% from 2017 to 2024. During the forecast period, the demand for cannabis will continue to rise for both recreational and medical use products, and estimated global Read the full article…

Front Range Biosciences Partners With University of California, Davis For Cannabis Genomics Research

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Agricultural biotech company collaborates with world’s leading agriculture school for research CALIFORNIA: Front Range Biosciences, a leading agricultural biotech company, has launched a genomics research initiative with the University of California, Davis, to advance understanding of cannabis for medical and nutraceutical uses.  The research team consists of Professor Dario Cantu in the Department of Viticulture and Enology, research scientists in Read the full article…

New Mexico Medical Cannabis Program Continues Growth In Third Quarter

NM MMJ Third Quarter

Supply remains in jeopardy as patient enrollment increases at double the rate of industry sales NEW MEXICO:The 35 licensed commercial producers in New Mexico’s Medical Cannabis Program brought in a record $22.1 million for the third quarter of 2017, an increase of 4 percent from the second quarter. Patient enrollment increased by over 10 percent, Read the full article…

Global CBD Oil Market 2017-2021: Growth At CAGR Of 39.19%

CBD is big business

IRELAND: Global CBD Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. Covering the market landscape and its growth prospects over the coming years, the report also includes a discussion of the key vendors operating in this market. Cannabidiol (CBD) is one of the hundreds of cannabinoids found Read the full article…

NECANN Returns To Rhode Island Convention Center October 28 & 29

NECANN comes to Rhode Island Oct 28 & 29

RHODE ISLAND: Following up on recent events in Boston, MA and Portland, ME (the two largest Cannabis Industry conventions ever on the east coast), NECANN will return to Providence for the third annual Rhode Island Cannabis Convention on October 28 & 29,  at the RI Convention Center. As Rhode Island continues to edge towards legalizing recreational Read the full article…

Cannaflage Designs Brings Pot Fashion To Amazon

Cannaflage Designs Come to Amazon

OREGON:  Cannaflage Designs has announced that it is the first and only pot-themed approved apparel line to be showcased on Amazon Handmade’s new department __ Apparel & Shoes –  set for launch on October 23, 2017. Company founder, Karen R. Averill, says that “while Amazon Handmade began in 2015 it has just now added an Apparel Department. Being Read the full article…

Golden Leaf Secures City Licenses to Sell Cannabis In Additional Nevada Jurisdictions

Goldenleaf Expands Nevada footprint

OREGON: Golden Leaf Holdings Ltd., a leading cannabis oil solutions company and dispensary operator built around recognized brands, has announced that it has been granted business licenses by Henderson County and Washoe County, in the State of Nevada, to sell cannabis to the adult-use markets in these locations. The Company plans to commence sales in these jurisdictions Read the full article…

KIND Financial Partners With Canadian Bank To Deliver ‘Seed To Payment’ Solution

cannatech companies look to solve cannabis cash management challenge

CALIFORNIA: KIND Financial, a leading provider of end-to-end technology and compliance solutions for the cannabis industry, has announced KIND Seed to Payment, billed as “the first complete seed to payment solution,” is now available throughout Canada for all licensed producers, related businesses and the government. KIND Financial’s compliance software now has a fully integrated e-commerce gateway that enables Read the full article…

The Blinc Group Successfully Closes First Financing Round

The Blinc Group Companies

NEW YORK: The Blinc Group, a distribution-centric vapor and cannabis incubator, successfully closed its first financing round. With an infusion of US-based private capital, The Blinc Group intends to deploy these funds in day-to-day operations including operations, marketing, business development and lobbying. Successful transactions closed as the result of active and consistent fundraising efforts by Read the full article…

Research Shows Medical Cannabis To Become a Major Part Of Pharmaceutical Market

Cannabis to make major impact on pharmaceutical marketplace

NEW YORK: According to a research report by New Frontier Data, medical marijuana sales are forecast to grow to $5.3 billion in 2017, accounting for 67% of total cannabis sales. Medical sales in currently legal states are forecast to grow to $13.2 billion by 2025, at which point medical sales will account for 55% of all sales. In comparison, adult-use Read the full article…