The annual MJBizCon that began Wednesday is again setting record numbers for attendance and exhibitors, mirroring the marijuana industry’s explosive growth and its bullish prospects after voters approved three new MJ markets worth up to $2 billion. Some 25,000 marijuana industry professionals, investors and entrepreneurs are expected to attend the three-day conference at the Las […]
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Marijuana investor insights: Q&A with venture capitalist Codie Sanchez
Of all the choices cannabis investors make as they consider where to place their bets, few are more important than the deals they turn down, according to Codie Sanchez, a partner at early stage investment funds CS Ventures and Magma Partners. “In investing, you have to say no to 100 times more deals than you […]
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Choosing the proper legal structure can minimize a cannabis firm’s tax liability and protect assets
Of the myriad decisions entrepreneurs make as they grow their marijuana companies, few are more critical to a business’ financial future than the legal structure chosen at the get-go.
From taxes to raising money to a founder’s personal liabilities, the structure of a company can make or break its chances for success.
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Chart: Colorado on pace for record-setting, billion-dollar year of recreational cannabis sales
Colorado’s adult-use marijuana market continues to surge nearly five years after the launch of recreational sales in the state. Through August 2018 – the most recent data available from the Colorado Department of Revenue – recreational marijuana sales topped $800 million and the state is on pace to surpass $1.2 billion by the end of […]
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Week in Review: Judge tosses NM medical cannabis plant cap, Sessions fired & MA adult-use sales expected to start soon
A New Mexico judge strikes down the state’s cap on the number of plants medical marijuana producers can grow, Attorney General Jeff Sessions is fired, and a top cannabis regulator in Massachusetts says adult-use sales are expected to begin soon in the Bay State. Here’s a closer look at some notable developments in the marijuana industry […]
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California Marijuana Notebook: L.A.’s licensing logjam & mounting lawsuits for MJ businesses
As the marijuana market in the Golden State grows and matures, business owners are facing dueling challenges:
MJ entrepreneurs are finding it’s particularly tough to obtain a business permit in Los Angeles.
Lawsuits involving trademarks and proprietary business information are popping around the state.
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Trump ousts cannabis threat Jeff Sessions as attorney general
U.S Attorney General Jeff Sessions, who less than a year ago stunned the marijuana industry by ripping up Obama-era protections for state-legal MJ businesses, has been forced out by President Trump.
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Weekly Deal Watch: Cannabis funding frenzy highlights how much capital is ‘still on the sidelines’
This week was the single largest capital raise week for the industry, bolstered by the official close of Constellation’s investment in Canopy Growth.
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November/December Issue
Growing Ambition. Companies leverage capital, partnerships and diversification to expand beyond state lines.Read the Issue