Legalization of Cannabis Pending in Nine States

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NEW YORK: Americans are more open minded about legalizations of Cannabis than ever before. A recent Gallup poll shows that about 60% of Americans support legal cannabis use. The surprising parts about this poll is the rising support for cannabis reform across all age groups. Take this into perspective and now you have nine states Read the full article…

Legal US pot sales soar to $5.4B in 2015: Report

One of the most troubling aspects of current marijuana policy in this country, even in those states that have legalized marijuana, is the continuing job discrimination faced by those who smoke marijuana.

Legal U.S. pot sales soared to $5.4 billion for 2015, up 17.4 percent from $4.6 billion in 2014, according to data released Monday by the ArcView Group, which tracks the cannabis markets. The figures include medical and adult consumer sales. However, the annual gain was largely fueled by the explosive growth in consumer sales, as Read the full article…

Why Marijuana And Your Money Are A Terrible Combination

The marijuana business certainly appears as if it could become one of the greatest things since sliced bread.

COLORADO:  Over the last two decades we’ve witnessed Americans’ views on marijuana as a whole shift from an approval rate of 25%, per Gallup, to slightly more than 50% as of its most recent poll in 2014. Further, the states themselves have been willing to take on regulation of the marijuana industry despite the federal Read the full article…

Move Over Coca Cola, CVS, Berkshire Hathaway – Here Are The 10 Most Important Companies In The Cannabis Industry

Some of Alaska’s strictest municipal regulations on marijuana got rolled back Monday night in light of concerns that patients could violate state law.

COLORADO:  Anytime a new industry emerges, regulators and speculators become very active. In the case of the Cannabis Industry, state governments have been charged with the task of playing the regulator role with each state having successes and failures in overseeing cannabis-related commercial activities, but in all cases, establishing the rules of engagement for business Read the full article…

New Report Predicts 18 States Will Legalize Pot By 2020

NORML Top 10 Events of 2016

By Katy Steinmetz, TIME A new report predicts that 18 U.S. states will have legalized recreational marijuana in the next five years, a huge increase from the four states that currently have or are in the process of creating legal markets for pot. The report, set to be released in February from ArcView Market Research, a Read the full article…

Got a Pot-Centric Business Idea? Marijuana Investment Summit Seeks Pitches

Participants in the Sept. 18 event were chosen from hundreds in earlier rounds of competition that culminate in the face-to-face pitch series this week.

ILLINOIS:  Prospective marijuana entrepreneurs will get a chance to bend the ears of more than 175 investors seeking business opportunities at a pot-centric business conference with a “Shark Tank-like pitch forum” Thursday. Sponsored by the ArcView Investor Network, an alliance of “angel investors” that cultivates partnerships exclusively with marijuana-focused business ideas, the day-long conference at the Read the full article…

California Marijuana Market Poised To Explode

“It’s going to be a lot harder to implement than you think,” said Lewis Koski, until recently the director of marijuana enforcement in Colorado

CALIFORNIA:  The legal pot business in the United States, including both the newly legalized retail operations in Washington and Colorado and the medical-marijuana use now allowed in California and 22 other states, is expected to grow this year to $2.6 billion from $1.5 billion in 2013, according to the ArcView Group, a San Francisco-based marijuana Read the full article…

Pot Investors Hear Pitches on Pot Apps at Denver Forum

Investors hear pitches from marijuana businesses at Denver Forum

COLORADO:  With the U.S. legal marijuana market forecast to grow to $2.6 billion this year, investors in Denver heard pitches from companies developing everything from a mobile application that matches potential users with cannabis dispensaries to motorized scissors for trimming plants. Three times as many investors listened to business plans for 11 marijuana start-ups yesterday Read the full article…

Legal Weed Lures Investors To Marijuana Industry

Cannabis Industry pioneers meet to network in Seattle at the Washington Marijuana Business Association (MJBA) monthly meetup.

COLORADO: Robert Frichtel is chief executive officer of Advanced Cannabis Solutions, a Colorado Springs company that leases indoor spaces for growing pot. On Jan. 23, he and representatives of 11 other marijuana companies will seek funding from as many as 70 investors at a Las Vegas meeting organized by ArcView Group, an investment firm focused on Read the full article…