Category: cannabis industry

How Much Money will be Spent on Legal Marijuana by 2027?

It should come as no surprise that the legal cannabis industry is one of the fastest growing industries in the world. After all, it was an industry that had a massive customer base that was already buying its products on the black market. The only other industry in modern times that is comparable is the alcohol industry after the repeal of the 18th Amendment in 1933, aka the end of alcohol prohibition. At that time, there were millions of people using alcohol they either made or procured illegally. After passage of the 21st Amendment to The U.S. Constitution –...

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FAST COMPANY ANNOUNCES 2018 MOST INNOVATIVE COMPANIES

dosist™ Named Top Ten Most Innovative Company in Health For 2018 New York, February 27, 2018 – Fast Company announced its annual ranking of the world’s Most Innovative Companies (MIC) for 2018, honoring leading enterprises and rising newcomers that exemplify the best in business and innovation. Santa Monica cannabis-based health and wellness company, dosist™, has been named as one of the Top 10 Most Innovative Companies in Health for 2018. Founded in 2016, the fast-growing L.A.-based startup, dosist™ (formerly called hmbldt), is rebranding cannabis for the wellness crowd. The company’s sleek white dose pens come loaded with one of...

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UPDATE: Over $6k in new donations raised for 6-year-old battling brain tumor up to $10k will be matched by CBD company

HALLANDALE, Fla. – Green Roads, a Florida-based manufacturer and supplier of ​CBD products has helped raise over $6,000 in donations since Feb. 2 for EJ Francis, a local six-year-old undergoing chemotherapy to combat a growing inoperable brain tumor. Earlier this month, Green Roads pledged to match up to $10,000 in new donations made after Feb. 2 to a GoFundMe campaign, which was set up to help cover the cost of Francis’s medical expenses. Since Green Roads’ commitment, the GoFundMe campaign and a donation page set up on Green Roads’ website has received over $6,000 in new donations. These funds and new donations...

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LEAFLINK IS THE FIRST COMPANY IN CANNABIS NAMED TO FAST COMPANY’S TOP 10 MOST INNOVATIVE COMPANIES IN ENTERPRISE LIST

New York, February 20, 2018 – Fast Company today announced its annual ranking of its Top 10 Most Innovative Companies in Enterprise for 2018, honoring leading enterprises and rising newcomers that exemplify the best in business and innovation. LeafLink, the largest marketplace for wholesale cannabis, was named to this year’s prestigious list, becoming the first company in the cannabis industry to receive the distinction on the enterprise list. This notoriety by Fast Company comes on the heels of an extremely successful year for the startup, including expansion into its sixth state, a $10 million Series A funding round, and...

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Will 2018 Bring a Weed Watershed?

We are just a nanosecond into the New Year, and the cannabis industry is seeing some monumental changes. Attorney General, Jeff Sessions, has declared a war on cannabis, and Vermont has defiantly responded by becoming the first state to legalize marijuana via the legislature as opposed to a ballot initiative. New Hampshire and New York are following closely on its heels. Cannabis stocks did take a tumble following the Sessions announcement that he would repeal the Cole Memo, but are expected to see strong gains in 2018, modeling Canadian cannabis stocks which gained an estimated 250% as a group...

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First Ever U.S. Traded Marijuana Fund Comes to The NYSE

The legal cannabis market continues to enjoy success after lucrative success, solidifying itself as one of the most promising and profitable industries in existence. We’ve extensively covered the fact that the legal weed business is showing no signs of slowing down, with experts predicting that cannabis companies will easily rake in over $20 billion by the year 2020. One of the toughest challenges faced by cannabis startups and impacting existing businesses is the fact that many U.S. banks and financial intuitions want nothing to do with them. Of course, this is due to the fact that the federal government...

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