Thanks to recent legislative reforms, the use and sale of cannabis for medicinal and/or recreational purposes is now legal in many locations across the United States. This is, of course, great news for marijuana proponents, and it has opened the door for new business ventures that have the potential to be quite lucrative. If you…
The pot industry is a behemoth, with producers and stocks seeing a strong bull market over the last five years. As more states begin to get onboard with decimalization and legalization, the market expands, and the industry continues its march to the dominance of the alternative health sector. The trend isn’t slowing down, and as…
Although cannabis is technically legal in 33 states, it’s still a schedule 1 substance under federal law. Plus, most financial institutions fear working with the cannabis industry because of possible federal prosecution, even though the substance is mostly legal at the state level. So, unfortunately, both in America and around the world there’s still a…
Legal Cannabis Industry Intelligence Overview With both medical and recreational cannabis legal in half of of the United States and throughout Canada, the entire industry is booming and we’re all about it! In fact, many business metrics indicate that cannabis is the fastest growing industry in the U.S. Recent projections show that cannabis could be…
The cannabis industry has been expanding steadily over the past few years, with Arcview Market Research and BDS Analytics predicting that the global spending in the field will triple from $9.5 billion in 2017 to a projected $36 billion in 2023 and close to $45 billion by the end of 2024 and this is not…
It’s a brave new world we live in as we head into 2023. There are nearly a dozen states, plus the District of Columbia, that have legalized cannabis for recreational purposes. Heck, even “Motor City” Michigan recently legalized the good herb! More states could join that list in the years to come. Also, a majority…