Weedmaps IPOooops! – A Possible $6.2 Billion Dollar Fine and Money Laundering Inquiries May Slow Down the IPO

Weedmaps IPOOOps – The Weedmaps IPO May Face Problems with a $ 6.2 Billion Dollar Fine and Possible Money Laundering Inquiries from the Federal Government In one of the worst kept secrets in the cannabis space, Ghost Group LLC, dba Weedmaps, is planning an IPO in Canada in 2020, but they have…

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Legalizing Cannabis In All 50 States Would Slash $18.5 Billion From Big Pharma’s Deep Pockets

Legalizing Cannabis In All 50 States Would Slash $ 18.5 Billion From Big Pharma’s Deep Pockets Big Pharma has a lot to lose when it comes to legalization. In fact, as each state adopts a new cannabis-friendly measure, Big Pharma feels the threat. New Frontier Data released the results of…

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Marlboro Company Fuses $1.8 Billion Into Cannabis Company Cronos

Risky Business: Marlboro Company Fuses $ 1.8 Billion Into Cannabis Company Big Tobacco Makes First Official Foray Into Cannabis as Tabacco Sales Continue To Fall Phillip Morris USA’s parent company, Altria, the guys responsible for producing world-famous cigarettes from the Marlboro brand, have officially become the first tobacco company to…

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Corona beer brewer extends pot bet with $3.8 billion investment

By Eric Pfanner, Kristine Owram and Jen Skerritt Constellation Brands is spending C$ 5 billion ($ 3.8 billion) to boost its stake in Canadian cannabis grower Canopy Growth Corp., betting legalization of the drug will continue to gain traction in the U.S. and around the world. Constellation, the brewer of…

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Arcview Says The World Cannabis Market Will Be Worth $57 Billion By 2027

Arcview Says The World Cannabis Market Will Be Worth $ 57 Billion By 2027 The Arcview Group has just released a new report entitled “The Road Map to a $ 57 Billion Worldwide Market”. The 65-page report provides comprehensive insights for the future legal and medical cannabis markets internationally. They…

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