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    Why This Traditional Brokerage Firm Is Betting Big On Cannabis

    New York-based Cowen & Co. has built a reputation over its 99-year existence as a solid, reputable investment bank. You know, mergers & acquisitions, equity financing, debt strategies and the like. So what is this staid institution doing in the marijuana business? Like all smart investment...
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    Beer Sales Declining In Markets With Legal Marijuana, Says Financial Firm

    Beer may need to watch its back. A new report from financial services firm Cowen and Company says beer sales have been dropping in markets where marijuana is now legal. Vivien Azer, the managing director and senior research analyst at Cowen, says the beer business isn't booming in...
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    Beer Volumes Declining In Markets Where Recreational Cannabis Is Legal

    Legalized marijuana is harshing the buzz of three longtime craft beer meccas, according to a new report from Cowen and Company. In Colorado, Oregon and Washington, where recreational cannabis use has been legalized, the beer business is underperforming, according to Vivien Azer, Cowen and...