A new bill in New Hampshire aimed at increasing the number of dispensaries allowed statewide may improve the financial performance of the state’s four licensed marijuana businesses.
Maggie Cowee
Maggie Cowee's Latest Posts
Deal Watch: Cannabis M&A deals slow in September
The breakneck pace of completed mergers and acquisitions in the marijuana industry may be coming to an end.
Chart: Wholesale market share of marijuana oil cartridges only slightly down since vape crisis
The rash of headlines linking deadly respiratory illnesses to vaping has had little impact on the popularity of such products.
Chart: Maryland’s 2019 medical cannabis sales on pace to double 2018 sales
Maryland’s hot medical marijuana market continues to sizzle – and 2019 sales are on pace to double those from 2018. Data released by the Maryland Medical Cannabis Commission show that through the end of July, MMJ sales through the state’s dispensaries were just under $130 million, with average monthly sales of $18.4 million.
Chart: Utah’s medical marijuana patient pool may start small, grow slowly
A recent decision in Utah to award fewer medical marijuana cultivation licenses than allowed raised concerns of undersupply, but projections show the state’s patient as relatively small and anticipate slow growth.
Chart: Edibles lead Puerto Rico’s wholesale medical marijuana sales
In recent months, marijuana-infused edibles have commanded one-third of wholesale medical cannabis sales in Puerto Rico – twice the average across a sampling of U.S. markets – and the category has room for more entrants.
Deal Watch: Cannabis equity raises highest in three months; M&A activity slows
This past week saw the second-highest amount of money raised through equity in three months in the North American cannabis industry – even as merger and acquisition activity slowed to a complete halt.
Chart: Medical marijuana markets expanding at varying rates, with Oklahoma, Florida setting the pace
While medical marijuana is legally available in 36 states and Washington DC, the fragmented nature of the industry – each state creates its own set of rules – means each market grows at a different rate.
Deal Watch: Public cannabis companies snapping up private ones in M&A deals
Public cannabis companies took aim at private entities, closing eight acquisitions this week.
Deal Watch: Hemp, infused products and devices see notable gains in M&A activity
While overall merger and acquisition investment in the North American cannabis industry has been far outpacing that of 2018, several sectors have posted notable increases so far this year.
Three sectors – hemp, infused products and extracts, and consumption devices – have seen M&A activity values at $1.42 billion this year.
Chart: Cannabis investors shift from loan financing to equity investment
Cannabis investors are changing their investment strategy in a bid to capture higher returns, shifting away from extending loans to companies in favor of investing in their shares.
Deal Watch: Cannabis capital raises driven by desire for access, information
It was the second-largest week so far this year in terms of amounts raised in the North American cannabis industry as more investors look for ways to access the burgeoning market.
