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Colorado marijuana sales soar to $1.75 billion in 2019

Colorado’s recreational and medical cannabis retailers sold a record $1.75 billion in product last year, increasing the state’s total to a whopping $7.79 billion since the 2014 launch of adult-use…

News February 19
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Pay to play: Cannabis brands fork over cash for retail shelf space

The increasingly competitive cannabis market is fostering a pay-to-play mentality among both marijuana retailers and the brands they carry.

News February 19
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Majority of German parliament favors recreational cannabis reform, but change neither sure nor imminent

One of the German government coalition parties clarified its stance on recreational marijuana last week in favor of decriminalizing possession and allowing pilot programs involving the legal distribution of adult-use…

News February 18

Comp Tables as of Feb. 18, 2020: Multiples rise as estimates decline

These comp tables provide a benchmark for private investors to evaluate existing and future investments, a way for companies to judge their own valuations for current and future capital raises…

News February 18
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Nevada Cannabis Market Update: State sales data through Nov. 2019

Nevada is among the largest marijuana markets in the United States, with many large multistate operators having extensive operations in the state.

News February 18
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Canadian beer sales continue slide in face of rising cannabis sector

The Canadian beer market suffered its biggest decline in years in 2019 as competition increased from other beverage categories and an expanding cannabis industry. Sales volume of domestic and imported…

News February 18
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What do Acreage’s moves to leverage international brand rights mean for Canopy & Constellation?

Acreage Holdings announced a complex financing on Feb. 7 in which the New York company is raising a net $79 million, with plans for at least $65 million more.

News February 18
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Marijuana cultivator’s CO2 partnership with craft beer brewer saves money, makes MJ firm more eco-friendly

Two of Colorado’s most high-profile industries – cannabis and beer – recently joined forces under a state-supported pilot project aimed at curbing greenhouse gas emissions. It’s cheaper – about a…

News February 18
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New Mexico banning nonresident medical cannabis sales

In a move that could hurt sales at medical marijuana dispensaries in New Mexico, the state is ending the program that allowed MMJ cards for nonresidents.

News February 18
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