Only three weeks into January, observers likely have noticed a big dip in the amount of capital raised so far this year compared to the same period in 2018.Read More
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The U.S. Congress always has been slow to act, but that’s been especially true for marijuana reform, which has been a stigmatized issue for decades.
As a result, cannabis companies have been waiting and hoping for years that Congress will take action to guarantee banking access to law-abiding marijuana businesses and ease the excessive tax burden from 280E.Read More
In January’s issue of Marijuana Business Magazine, 22 women who are innovating the next year in the cannabis industry offer advice, cultivators give hard-earned insight…Read More
The legalization of recreational marijuana appears poised to sweep across the Northeast, which could result in billions of dollars of business opportunities over the next few years in a densely populated region of the nation. “Now that there’s (retail marijuana) stores in Massachusetts, we are really starting to see the dominoes fall,” said Matt Schweich, […]Read More
Canadian medical cannabis companies are increasingly looking internationally for acquisitions to tap growth while consolidation in the country’s marijuana sector continues to steam ahead. Last year, 140 U.S. cannabis companies were targets of mergers and acquisitions, a substantial increase over 2017’s 86, according to data compiled by Viridian Capital Advisors and shared with Marijuana Business […]Read More
California’s fully legal recreational marijuana market is now more than a year old, but is it maturing?
Sort of.Read More
Illinois’ medical marijuana program posted steady growth in 2018, pulling in $133 million in dispensary sales while increasing patient enrollment 66% over the course of the year. Moreover, Illinois dispensaries are poised to post additional sales gains this year thanks to a new state law that could spur residents to opt for MMJ versus opioids […]Read More
The birth of the legal cannabis industry in Canada is akin to the gold rush, but very few companies will live up to their lofty expectations, according to a new report from one of the country’s largest banks. CIBC World Markets, a subsidiary of the Canadian Imperial Bank of Commerce, made the sobering assessment Friday […]Read More
A Washington state marijuana trade association is warning regulators that new packaging, labeling and product design rules for cannabis-infused edibles and beverages might decimate edibles manufacturers’ bottom line. According to experts, the cost for some businesses to comply could be $100,000, and that doesn’t include lost revenue for manufacturers who have kept new products off […]Read More
Canadian marijauna producers continue to march their way to global market domination, targeting Europe and South America for expansion.Read More