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 and its CEO, Jeffrey Finkle. Their deep experience in the cannabis sector, professional investing and venture capital uniquely position them to lead Arcview Ventures and this first member-based fund.

The Arcview Collective Fund will uniquely and effectively allow Arcview cannabis investors to collaborate on investment decisions, providing exposure to a portfolio of diverse companies in this exciting space.

“Starting a member-based fund is a natural, logical step for us,” remarked CIO Jeanne Sullivan. “For years, Arcview has been introducing its members to viable investment opportunities in the cannabis space. In that time, members have asked for a way to combine their individual resources into something more substantial – a fund which enables them to be both diversified and dedicated to the cannabis sector.”

“This is the cannabis fund best positioned to source and evaluate early stage deals because every member is highly motivated to find the best. I’m so pleased that Arcview members have already responded so positively to this opportunity,” said Troy Dayton, Founder and Chief Strategy Officer of The Arcview Group.

“This new fund gives investors the benefit of an experienced team guiding a member-led investment process,” commented CEO Jeffrey Finkle. “I have been involved with this structure for a few years now and have seen how successful it can be. The Arcview Collective Fund is a great way for cannabis investors to put money to work in this emerging industry.”

Please reach out to info@arcviewventures.com for more information.

Legalization of Cannabis Pending in Nine States

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 voting this November 8 on legalization of medical use, recreational use, or both depending on the state.

The states where recreational cannabis will be on the ballot are CaliforniaArizonaNevadaMaine and Massachusetts, while North DakotaArkansasMontana and Florida are considering medical marijuana legalization. California in particular is an interest to investors. According to Arcview Group, a company that links investors with cannabis companies, has shown the market for both recreational and medicinal marijuana is expected to reach a value of $22 billion by 2020 from the $7 billion it is today, if California says yes.

 

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

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 some states have approved adult recreational marijuana use. Adult use sales grew to $998 million from $351 million in 2014, according to the research. And voters in more states, including California, are likely to take up the issue in 2016.

By many measures, 2015 was a bellwether year for marijuana, as states like Colorado and Washington paved the way for new business models and growth. Entrepreneurs have opened spa-like retail shops for adult users and medical cannabis sales. The social experiment to abolish cannabis prohibition in some instances is melding with a for-profit corporate culture.

The growing cannabis market features a variety of innovative consumer-facing products such as vaporizers, edibles and capsules. As an example, Colorado adult use sales surpassed $100 million last year for the first time.

Why Marijuana And Your Money Are A Terrible Combination

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 government maintaining it as a schedule 1, and therefore illicit, drug. Since 1996, 23 states have legalized marijuana for medical purposes (as well as Washington, D.C.), and four states (and Washington, D.C.) have legalized the drug across the board for recreational use as well.

Momentum within the marijuana industry is only expected to gain steam. In 2014, the Colorado marijuana industry was worth nearly $700 million, with $386 million worth of medical marijuana being sold, and another $313 million in recreational product being purchased by consumers. This figure is expected to expand to $1 billion by 2016.

But, it’s not just Colorado — it’s the entire U.S. that could serve as a stomping ground for marijuana’s growth. According to the ArcView Group, a cannabis investment and research firm, the cannabis industry grew 74% in 2014 to $2.7 billion as it was helped by improved public perception of the drug, and legislation that’s allowing the drug to be sold in legal states. By 2019, ArcView estimates marijuana could be almost an $11 billion market. We’re talking a growth rate of more than 30%, per year, and according to ArcView, that makes cannabis the fastest growing industry in the country!

 

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

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 anxious to jump on the green wave.

From a consumer investment perspective, it’s incredibly challenging to find real time revenue and expense data that determine which casino (or Cannabusiness) you want to place your bets in since the majority of the businesses are privately capitalized or listed on the less-than-credible small cap exchange.

And frankly, it’s not much easier for the media in light of the scant details available from the core businesses that are driving an industry that The ArcView Group projects will grow from $2.7 billion legal retail & wholesale sales in 2014 to $3.5 billion in 2015 — which clearly makes it the fastest growing industry in the U.S. In short, many companies are skittish about providing revenue details or seeking press coverage due to the lasting stigma associated with cannabis,

With that in mind, CBE Press decided to take on the task of identifying what we feel are the 10 Most Important Companies in the Cannabis Industry, based on criteria that is directional at best but good enough for us to feel confident that these companies are the best bets to have success and are clearly establishing best practices in driving their businesses to the top of their respective competitive areas.

New Report Predicts 18 States Will Legalize Pot By 2020

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 firm that pairs investors with marijuana-related businesses, was sponsored by marijuana industry groups and has a pro-legalization tone. But their prediction is not simply self-serving optimism. The map below shows the states where ArcView’s researchers believe recreational pot shops will open their doors:arcview chart

The map has a lot of overlap with the places where the Marijuana Policy Project, the group that helped launch legal weed in Colorado, already has workers on the ground in preparation for legalization votes over the next two years. Yet MPP is a bit more cautious in its outlook: the group believes 12 states could join Colorado, Washington, Oregon and Alaska in allowing recreational pot by 2017. Unlike ArcView (whose executive director sits on MPP’s board), they’re not banking on legalization taking root in Montana, New Jersey or Connecticut over the next few years, according to spokesperson Morgan Fox. He says they’re concentrating current efforts in Arizona, California, Maine, Massachusetts, and Nevada. They see Texas — yes, Texas — as an outside possibility.

 

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

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 Intercontinental Hotel in Chicago will provide a platform for about a dozen local entrepreneurs Thursday.

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.

ArcView’s 300-plus members pay an annual fee of between $2,500 and $15,000 to join the group, according to a release. In addition to connecting legal business endeavors with potential investors, the group also funds lobbying efforts to advance legalization.

 

California Marijuana Market Poised To Explode

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 research and investment firm. In five years, that number could swell to more than $10 billion. And if backers are successful in getting a legalization measure on the 2016 ballot in California, the Golden State, with its already outsize medical-pot market, could soon be entering a Golden Era of commercialized cannabis.

Although the state in 1996 became the first in the nation to legalize pot for medicinal reasons, California has yet to approve it for the overall adult population, or so-called “adult-use.” Despite that, it has the largest pot market in the nation, according to a widely referenced report last year by ArcView.

“California remains the largest state market at $980 million, even without Adult Use regulations,” said the report. And “once Adult Use is adopted — which is likely by 2017 — the total California market is projected to increase dramatically.”

 

 

 

 

 

 

 

Pot Investors Hear Pitches on Pot Apps 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 as attended a similar event in the Mile High City in September, before Colorado became the only state to allow retail sales of pot.

About 250 angel investors from New York to Seattle gathered at the Denver Center for the Performing Arts for a conference organized by San Francisco-based ArcView Group. The network hosted 75 investors at a similar meeting at the Denver Athletic Club nine months ago.

“The challenge is there is a lot of capital looking to be deployed, but in many cases investors are trying to find the right thing to invest in,” said Troy Dayton, ArcView’s chief executive officer.

 

Legal Weed Lures Investors To Marijuana Industry

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 the industry. “Everybody is running toward this as the next entrepreneurial wave—the green rush,” Frichtel says.

Investment interest in the marijuana industry has surged since Colorado and Washington voters in 2012 legalized sales to anyone 21 years and older. Long lines formed when Colorado shops selling pot opened on Jan. 1. A total of 20 states, including California and Massachusetts, now allow the medical use of marijuana, and New York may be next under a plan announced by Governor Andrew Cuomo.

ArcView projects the market for legal marijuana will grow to $2.34 billion this year.