We often hear from acquirers and company owners alike in cannabis sectors that the times we are living in now are like “the first years after Prohibition in 1933.”
The implication is that marijuana and hemp versions of Anheuser-Busch, Coors and Seagram are being formed now, and it won’t be long before products will start showing up on store shelves at the same rate that we see alcohol today.
Because of the rapidly evolving legal and regulatory environment at the federal and state levels, barriers to entry play a huge factor in the cannabis industry.
Due diligence helps an investor frame an investment opportunity and, more importantly, to gauge the risks. Experienced investors understand this, but it can be easy to overlook critical elements of the process.
When consumers hear the words “craft cannabis,” they might assume it’s unaffordable or overpriced. Ron Throgmartin, the chief executive officer of Diego Pellicer Worldwide, wants to bust that myth. When Diego Pellicer, a cannabis retailer with stores in Washington...
Nearly every marijuana cultivator wants to call its cannabis craft. Whether the plant is grown indoors or outside, with a hydroponic irrigation system or a watering can, under the sun or high-tech LED lights, few growers want their flower to be considered corporate cannabis.
Marketing inexperience and advertising restrictions make it unusually challenging for craft farmers to market their brands effectively. For example, even farmers who use organic growing methods can’t make that claim on their packaging because federal prohibition...
The quaint resort community of Great Barrington, Massachusetts, has fewer than 7,000 residents. But in the state’s first three months of adult-use marijuana sales, Theory Wellness, the town’s first dispensary, sold more than $6 million in cannabis products. That’s...
Plant-touching and ancillary businesses are developing internship programs to cultivate talented college students and graduates who are interested in careers in cannabis.
From cannabis testing labs to dispensary software businesses, companies are opening their doors to students with the hope that when the top performers graduate, they’ll come on board permanently.
Denmark’s former health minister, Ellen Trane Nørby, is “very confident” the country’s trial program for medical cannabis will be expanded beyond its initial four-year period.
Elixinol’s vice president of marketing and communications, Chris Husong, is a branding and marketing expert with more than 20 years of experience in regulated industries such as telecom and finance. At Elixinol, Husong has applied those skills to the health and...
New York City-based Azuca is using tiny, infused sugar granules as the building blocks for its rapidly growing cannabis company.
Troy Dayton, the co-founder and CEO of San Francisco-based investment group Arcview, wants to make profitable investments in the cannabis industry, for sure. But there is also a large social component linked to his business philosophy.
