The Arcview Group Launches First Member-Based Fund

Cannabis-Focused Investor Network Announces The Arcview Collective Fund; Members to Participate in Investment Decisions CALIFORNIA:  The Arcview Group, the leading cannabis investment and market research network, announces the launch of its first member-based fund: the Arcview Collective Fund. Arcview members will have exclusive access to the fund led by Arcview Ventures Chief Investment Officer, Jeanne M. Sullivan Read the full article…

Taking The Lead On High In Times Square: Billboard Ad Spotlights Women In Cannabis

Women in the cannabis industry are pioneering their messages further into the mainstream than ever before. Last year Honeysuckle Magazine, an award-winning, women-owned internationally distributed media company spearheaded an historic initiative that empowered cannabis brands to run on Times Square billboard for the first time in history. Among their landmark partners was luxury accessories company My Bud Read the full article…

ManifestSeven Acquires The People’s Kush, Further Expanding Retail Reach

Cannabis delivery service provides access to broader Sacramento market CALIFORNIA: ManifestSeven, California’s first integrated omni-channel platform for legal cannabis, today announced the acquisition of The People’s Kush, a legal cannabis delivery service based in Davis, California. The People’s Kush will be integrated into M7’s retail arm Weden, which has storefront and delivery operations across the state, Read the full article…

Aphria Announces Closing Of $100 Million Strategic Investment From Institutional Investor

CANADA: Aphria announced that it closed its previously announced strategic investment from an institutional investor for aggregate gross proceeds to the Company of C$100,000,001. Pursuant to the Offering, the Significant Investor has agreed to purchase 14,044,944 units of the Company at a price of C$7.12 per unit. Each unit is comprised of one common share of Aphria and Read the full article…

Global Cannabis Market to Hit $42.7 Billion By 2024, According To Updated Report From Arcview Group, BDS Analytics

COLORADO: Legal cannabis sales grew 45.7% to $14.9 billion in 2019, led primarily by adult-use markets in Canada, California and Massachusetts, and supplemented by the unique approach to medical markets in Florida and Oklahoma, according to the “2020 Update to The State of Legal Cannabis Markets” (SOLCM) report released today from Arcview Market Research (“Arcview Group”) and BDS Analytics. Read the full article…

Eaze Releases 2019 State Of Cannabis Report

Data Shows Increased Acceptance and Consumption of Legal Cannabis CALIFORNIA: –Eaze, California’s largest legal cannabis marketplace, today released its fifth annual Eaze Insights | State of Cannabis 2019, which looks at aggregate consumer trends driving the world’s largest cannabis market. The report’s findings are informed by the aggregated purchase data of more than 500,000 Eaze consumers across Read the full article…

Global Cannabis Sales Grow 48% To $15 Billion In 2019

COLORADO: Global cannabis sales rose 48% to $15 billion in 2019, driven by growth in sales in Canada and seven U.S. states that saw sales more than double. Continued consumer adoption in maturing markets such as Colorado and new adult-use markets including Massachusetts contributed to 45% growth in adult-use sales to $8.9 billion. However, medical-only states Read the full article…

Industries Booming Since Marijuana Legalization

The marijuana industry has been growing steadily since its legalization in the United States, with more than 75% increase in sales, and contributing greatly to the economy of this nation. To date 11 states have legalized marijuana for recreational use and other 33 have authorized cannabis for medicinal use. Legalization has seen the creation of a diverse range of companies Read the full article…

Tilray Expands Global Leadership Team With New COO And CFO

CANADA: Tilray, a global pioneer in cannabis production, research, cultivation, and distribution, announces the expansion of its global senior leadership team with two strategic hires: Jon Levin as Chief Operating Officer, who was formerly with Revlon, and Michael Kruteck as Chief Financial Officer, who was formerly with Molson Coors and Pharmaca. Mr. Kruteck’s appointment will be Read the full article…

Beneficial Medical Cannabis Goes Mainstream With Online Seed Sales

Cannabis is widely considered a medical plant because of the many significant health benefits it brings. It has long been used for medicinal purposes worldwide, and has become a very popular trend in the United States, which has resulted in its legalization in more than 30 states. Internationally, more and more countries have legalized cannabis Read the full article…