Sales, Funding & Banking News

Business Bigwigs, Yale Grads & Wall Street Pros Eye Marijuana Industry in Wake of Legalization

Professionals from the world of big business are looking to tap the emerging marijuana market in Colorado and Washington, eyeing everything from private equity funds and financial services firms to upscale cannabis stores. The increased interest is expected: Legalization in Colorado and Washington could create an estimated $2 billion market (conservatively) if retail marijuana stores […]

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Potential US Marijuana Market Estimated at $46 Billion

By Anne Holland According to the number crunchers at Washington State’s Office of Financial Management, a “fully functioning marijuana market” could result in an in-state total of $1.021 billion gross sales of marijuana grams per year. Only 2.15% of the US population lives in Washington State. So, extrapolated, this data could indicate that the total […]

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Some Medical Cannabis Stocks Soar After Election as Investors Eye New Opportunities

Shares of several publicly traded companies that serve the medical marijuana industry have surged in the wake of a watershed election that saw huge gains for the cannabis industry. Investors pumped money into the sector after Colorado and Washington legalized cannabis for recreational use and Massachusetts passed medical marijuana legislation. Some MMJ-related stocks hit new […]

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Steve DeAngelo: Cannabis Industry Professionalism ‘Critically, Critically Important’

The cannabis industry is at a pivotal point in its history and must quickly mature to take advantage of new opportunities and while beating back unprecedented challenges, Steve DeAngelo, director of Harborside Health Center, said this morning at the National Marijuana Business Conference. “It’s critically, critically important that we bring professionalism to the cannabis industry,” […]

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Weekly Wrapup: Avalanche of Colorado Cannabis News + Medical Marijuana Patient Survey

Colorado found itself in the marijuana spotlight multiple times last week, with several announcements and developments having a bearing on the state’s medical cannabis industry: – On Thursday, Gov. John Hickenlooper officially came out against Amendment 64, the ballot proposal calling for the legalization of marijuana for adults 21 and older. The University of Colorado […]

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