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

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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…

Cannabis Market Strategies New England Comes To Boston February 28th – March 1

Peer-to-Peer Dispensary and Cultivator Strategies to Master the Business Challenges of the Region’s Industry

Will focus on strategies for the emerging New England industry with industry leaders MASSACHUSETTS:  CBI  will host a two-day summit of industry leaders and players, “Cannabis Market Strategies New England,” February 28-March 1, at the DoubleTree Suites Boston-Cambridge. The event is structured as an intimate meeting of executives and owners of dispensaries in the rapidly growing New England 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…

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…

Canada’s Corner Stores Warn Government: Inconsistent Regulation Of Cannabis And Tobacco Will Have Serious Consequences

packaging and labelling of cannabis products is necessary to give adult consumers the relevant information they need to make informed decisions and an educated choice.

CANADA: A new white paper produced by the Canadian Convenience Stores Association (CCSA) charges that the federal government risks damaging thousands of small businesses in communities across the country by opening the door to further increases in sales of illegal tobacco while giving unfair and preferential treatment to the sellers of cannabis. Ottawa is considering important 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…

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

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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…