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)

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…

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…

Financial Valuations Of Businesses That Sell Marijuana And Financial Fraud Investigations Highlight AICPA’s 2017 Forensic and Valuation Services Conference

Marijuana is big business

NEVADA: Discover insights on everything from how forensic accountants ferret-out financial fraud to how valuation professionals decipher the value of high-profile celebrity estates at the American Institute of Certified Public Accountants (AICPA) Forensic and Valuation Services Conference. When and Where: Nov. 13-15, 2017, at Caesars Palace, Las Vegas (Online access available) Experts pull back the curtain to provide insights on topics Read the full article…