As merger and acquisition activity accelerates across the cannabis industry, many companies are discovering they don’t need a for-sale sign in the window to be a takeover target.
The flurry of M&A activity, which is on pace to double in the marijuana industry this year, is giving more company founders a chance to cash out at an attractive price after years of working 24/7 to build their businesses.
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Oklahoma’s medical marijuana industry is shaping up to be one of the most unique MMJ markets in the nation, with a large number of players vying for attention. Just three months after voters approved State Question 788 – a ballot initiative legalizing medical marijuana in Oklahoma – regulators have awarded more than 1,100 business licenses […]
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If it seems you’re seeing CBD everywhere these days, you are.
CBD products are in grocery stores, convenience stores and chiropractic offices. The letters are splashed across storefronts even in the most cannabis-averse jurisdictions – such as Kansas and South Carolina.
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Oklahoma approves more than 1,100 medical marijuana businesses, the U.S. Drug Enforcement Administration moves certain CBD medicines off Schedule 1, and New York’s governor signs legislation allowing MMJ as an alternative to opioids. Here’s a closer look at some notable developments in the cannabis industry this week. Oklahoma ‘free-for-all’ The numbers are mind-boggling: As of […]
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In the latest issue of Marijuana Business Magazine, we went behind the scenes in some of the most innovative spaces in the marijuana and hemp industries. Click through this slideshow to see more photos from our visit to the Kazmira CBD company, a cannabis-trimming robot from Bloom Automation and an organic farm in Oregon that’s making […]
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The U.S. Drug Enforcement Administration has taken some cannabidiol off the most restrictive class of controlled substances, a move that allows the sale of the first nonsynthetic, cannabis-derived medicine to win federal approval.
It’s a decision that immediately affects CBD producers but also signals the agency’s first admission that the plant has medical value.
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Arizona’s medical marijuana market is one of the largest in the nation as well as one of the hottest, with costs to break into the market skyrocketing and investors scouring the state for potential opportunities. Prices have increased because investors see a market where: The amount of medical marijuana sold has more than doubled […]
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A sentiment posted on Facebook in July by a worker at a California marijuana business very well could have been speaking for everyone in the state’s industry:
“I miss Prop 215.”
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Cannabis real estate is attracting early money from investors, as funds continue to “bet” on this part of newly legal markets. This weekly series from Marijuana Business Daily and Viridian Capital Advisors provides the latest data on cannabis investment activity and M&A, along with key takeaways, analysis and trends based on recent market moves.
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The Golden State’s cannabis-infused products makers have weathered some strong winds recently stemming from new testing requirements, and it’s an issue marijuana businesses in other markets should pay attention to as different states experiment with rules surrounding lab tests. According to California’s Bureau of Cannabis Control (BCC), 32.9% of edibles, tinctures and lotions samples have […]
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This has the possibility to be another banner year for the cannabis legalization movement, with up to six states potentially legalizing some form of cannabis by the end of 2018. Vermont and Oklahoma already passed legalization measures earlier in the year, for recreational and medical marijuana, respectively. Meanwhile, advocates in Missouri and Utah gathered enough […]
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Extraction Smackdown. Weighing the pros and cons of CO2 hydrocarbon and ethanol extraction methods.
