The recreational marijuana industry is expected to take a sip of less than one per cent initially out of annual Canadian alcohol sales once it becomes legal, a new analysis says.
The Anderson Economic Group, a business consulting firm in New York, says legalization of marijuana would sap $160...
Walk into a marijuana shop in Alaska and you'll find a newly renovated space, an array of products that have been tested and prepared in a highly regulated market and salespeople — called budtenders — ready to answer any questions you may have. But be prepared to pay a premium for the...
Marijuana-related businesses gathered this weekend in Ottawa for the first in a series of Canada-wide conferences on the business opportunities that will come with cannabis legalization. The two-day Cannabis Canada Forum was organized by licensed marijuana producers and was intended to educate...
Sunday, March 12th, kicked off the 29th annual ROTH Conference at the stunning Ritz Carlton in Dana Point, CA. An invite-only event that boasts some of the top global leaders, this conference is one of the largest of its kind with over 500 companies and 4,000 participants, with key sector...
Vivien Azer, apparently the first cannabis analyst at a mainstream investment bank, is bullish on the marijuana industry.
And her confidence in the market is a significant reflection of how Wall Street views cannabis. Azer is an analyst at Cowen & Co., a New York investment bank founded in...
California voters approved the legalization of recreational marijuana use in November, and now regulators are hard at work devising the new rules and fees to be imposed.
There seems to be some considerable doubt, however, as to whether the regulations will be ready to go by next year, when...
Denver ― Colorado's marijuana industry soared to new highs in 2016.
According to data released Thursday by the Colorado Department of Revenue, dispensaries in the state sold $1.3 billion in medical and recreational marijuana last year, generating close to $200 million in tax revenue for the...
The global medical marijuana market is expected to reach a value of $55.8 billion by 2025, according to a new report by Grand View Research, Inc. In 201, Washington D.C. and 28 U.S. states have legalized marijuana for medical uses.
In 2016, states such as Arkansas, Florida, North Dakota...
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...
The buzz around the cannabis business in 2016 reached an inflection point with medical marijuana companies raising more than $466 million on Canadian capital markets last year.
Two years into Canada's commercial medical marijuana market, companies have investor attention. Several players...
Americans and Canadians spend a lot of money on marijuana. How much? According to a report from Arcview Market Research, a marijuana market research firm, citizens from the two nations forked out $53.3 billion in 2016.
To put that in proper perspective, that's more money than what was spent at...
A new report estimates consumers spent $53.3 billion on cannabis in North America last year.
The first-of-its-kind analysis, compiled by ArcView Market Research, spans legal, medical and illegal marijuana markets across both the United States and Canada. At around $46 billion, the illegal...
Shortly after his election, Gov. Phil Scott listed three specific things that legislators must address when considering cannabis legalization, if they want to avoid his veto pen. "I hope they hear me loud and clear," he warned, that road safety, THC-infused "edibles," and taxes are the three...
The Task Force on Marijuana Legalization and Regulation did not say, "create a marijuana marketing board." Yet its recommendations would, if implemented, effectively impose a supply management system on cannabis. Suppliers would be licensed, and subject to production limits. These controls would...
Legal marijuana in Canada will take the shape of a tightly controlled and heavily regulated market, according to a panel appointed by Prime Minister Justin Trudeau. The panel was created last year to investigate the issue of marijuana legalization in Canada. They've urged the creation of an...
The annual turnover of the cannabis market in Australia is estimated to be bigger than our wine market. But unlike our wine market, not a cent of Australia's cannabis is taxed.
In 2014-15, 66,309 people were arrested in Australia for possessing cannabis. The number of people arrested for...
Berkeley's Haas School of Business recently published an article on the conclusion of "High Margins: The Business of Legal Cannabis," a six-week student-organized series that explored the "most promising business models, investment strategies, future regulatory schemes and the changing risks for...
Sales of marijuana grew 30% in 2016, and as long as acceptance continues to gain steam, the industry could hit $20.2 billion in North America within four years, according to a marijuana market research firm.
Cannabis sales are projected to grow at a compound annual rate of 25%, from $6.7...
The federal health department released its highly-anticipated task force report on marijuana last month, providing clues as to what Canada's recreational cannabis laws will look like.
The report's recommendations are not binding, but it does help to illuminate the path ahead for the...
California's agricultural bounty is fabled, from the endless olive and almond groves of the Central Valley to the world-class grapes of the Napa Valley to the winter vegetables of the Imperial Valley to the garlic fields of Gilroy, and beyond. But the biggest item in California's agricultural...