Is Weedmaps’ $1.5 Billion Valuation the Canary in the Coalmine for the Entire Marijuana Industry?

Will the Weedmaps IPO lead to a major shift in value for the cannabis industry? There have been some big deals done in the cannabis space, most notably Bruce Linton, while CEO at Canopy Growth, raising $ 4 billion in a deal with Constellation Brands. That was a deal involving…

Continue reading

Federal Government Will Spend $1.5 Million To Study Lesser Known Compounds In Cannabis

Federal Government Will Spend $ 1.5 Million To Study Lesser Known Compounds In Cannabis Meanwhile $ 300 million upwards are dedicated to other kinds of research It’s a little strange that the US federal government has been studying cannabis for decades now, but we have no real idea what they’ve…

Continue reading

Colorado marijuana sales hit $1.5 billion in 2017

Published: Feb 9, 2018, 2:49 pm • Updated: Feb 9, 2018, 7:10 pm By Alicia Wallace, The Cannabist Staff Colorado’s trailblazing cannabis industry has a new high-water mark: $ 1.5 billion. The state’s marijuana shops raked in $ 1.51 billion sales of medical and recreational flower, edibles and concentrate products…

Continue reading

Arizona county assessor: Cannabusinesses evading up to $1.5 million in taxes per year

Published: Aug 30, 2017, 8:37 am • Updated: Aug 30, 2017, 8:37 am By The Associated Press PHOENIX — Arizona’s most populous county is cracking down on medical-marijuana dispensaries and growth operations that aren’t paying property taxes on their business equipment. Medical-marijuana businesses are evading as much as $ 1.5…

Continue reading