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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 19Pay 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 19Majority 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 18Comp 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 18Nevada 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 18Canadian 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 18What 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 18Marijuana 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 18New 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.
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