Weed Websites Fight for Survival – Someone Smart is About to Make a Billion Dollars Online The online cannabis website space is moving at a fast and furious pace this week with rumors, facts, and tons of backdoor texting and calling now happening. To summarize, the cannabis stock market crash…
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…
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…
Canadians Spent $ 1.6 Billion On Weed In Just 3 Months But The Black Market Is Still Going Strong A new report issued by Arcview Market Research and BDS Analytics, entitled, The State of the Legal Marijuana Market, revealed that despite delays in legalizing cannabis recreationally, Canada managed to spend…
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…
The Cannabist
CBD Industry Expected To Reach Highs Of $ 2 Billion By 2022 A new report from New Frontier Data reveals that the CBD (cannabidiol) industry is set to reach highs of $ 2 billion come 2022. Last year, the CBD industry spiked by 40% translating to a total of $…
By Eric Pfanner, Kristine Owram and Jen Skerritt Constellation Brands is spending C$ 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…
Ending The Drug War Could Add $ 100 Billion To The US Economy The archaic drug war in the United States could seriously benefit millions of people with chronic illnesses if it ends, and the added $ 100 billion injected to the US economy wouldn’t hurt either. A new report…
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…