By Eli McVey
Canada’s medical marijuana program continues to surge, with 30,000-plus patients enrolling last quarter to boost the total count over 200,000.
That marks three straight years of quarter-over-quarter patient growth for the program and a 168% increase from just one year ago.
By Bart Schaneman, Omar Sacirbey and Kristen Nichols
Florida sets new regulations for medical marijuana business license applicants, cannabis tech company Weedmaps joins Boston’s Chamber of Commerce, and South Carolina’s hemp application deadline approaches.
Here’s a closer look at some notable developments in the marijuana industry over the past week.
By Matt Lamers
After the Ontario government slammed the door on marijuana retail entrepreneurs, the province left the door open — ever so slightly — for the eventual licensing of cannabis-consumption lounges.
By Kristen Nichols
A recent memo from Nebraska’s top law-enforcement official - in which he called cannabidiol products "illegal" - has underscored the challenges faced by CBD manufacturers and retailers nationwide.
The memo, and a CBD brouhaha in Indiana, have meant lost sales, confiscated product, legal uncertainty - and even the loss of a job.
By Bart Schaneman
Years after legal markets have come online, marijuana businesses are still at a loss when it comes to what's considered acceptable advertising on social media.
They're throwing spaghetti at the wall, and absent any feedback from Facebook, Instagram, Twitter and the like, it's almost impossible to know what's going to stick.
By Bart Schaneman
Valuating a cannabis business requires coming up with creative comparisons to established industries, such as tulips and wine.
That’s the space Justin Costello operates in. The CEO of Seattle-based GRN Funds, he brings years of experience making deals in the investment banking sector and said he has completed 80-plus cannabis deals.
By John Schroyer
Two local ballot measures to grow Detroit’s once-sizable medical marijuana industry have overcome significant legal hurdles and will now go before voters in November.
The proposed changes, if approved by voters, would likely result in a broadening of the MJ-related business opportunities in Michigan’s biggest city.
By Matt Lamers
Canadian medical marijuana companies are starting to tap debt markets in a big way to fund their explosive growth, which until earlier this year had been financed almost entirely through stock offerings.
Cannabis companies raised $165.9 million via debt instruments - including convertible bonds, debentures and term loans - through August.
By Eli McVey
The Average Market Rate (AMR) for a pound of wholesale marijuana in Colorado’s recreational market has hit an all-time low, pushed down by the continuous flow of new cultivation facilities coming online, increased efficiency among existing growers and a rising number of outdoor grow operations.
By Kristen Nichols
The nascent CBD market is hot: The cannabis compound is popping up in a dizzying variety of products, from maple candies to skin creams to dog treats.
But a market researcher who produced some of the most exhaustive investigations yet into CBD’s market potential has some cold water to throw on CBD’s fire.