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Chart: U.S. marijuana industry’s economic impact to approach $70B by 2021

By Eli McVey The U.S. cannabis industry is poised to inject nearly $70 billion on an annual basis…

News June 12
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Investors buy High Times, Cannabis Cup in $42M deal

A group of investors led by a Los Angeles investment firm have purchased a controlling stake in the…

News June 1
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Billion-dollar fund manager plans MMJ investment trust

First Trust Portfolios, an Illinois-based fund manager that oversees more than $100 billion, has filed paperwork to establish…

News May 31
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Chart: Retail marijuana sales vs. other industries & goods

By Eli McVey With revenue of $4 billion-$4.5 billion, sales of legal recreational and medical marijuana in 2016…

News May 30
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Cannabis social media site MassRoots needs $5M to stay afloat

MassRoots, a popular marijuana-focused social media platform, said in its quarterly financial filings that the company is running low on…

News May 25
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Investors pump up to $80 million into Oregon marijuana startups

Investors have pumped tens of millions of dollars into the Oregon cannabis industry, according to a state senator who…

News May 25
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A $200M day: Two investors reveal big plans to fund marijuana businesses

By Bart Schaneman A California retail estate investment firm and a wealthy Florida medical marijuana advocate separately pledged…

News May 24
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Prominent VC firm backs cannabis breathalyzer startup

A Silicon Valley venture capital firm with a successful track record in the tech industry announced that it’s…

News May 23
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California company plans to invest $100 million in cannabis sector

StarGreen Capital – a new subsidiary of a Southern California-based real estate investment firm – said Tuesday it…

News May 23
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Colorado edibles firm partners with Florida MMJ company on sales

Colorado edibles company Wana Brands is partnering with a Florida medical cannabis business to sell each other’s products in…

News May 22
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