Tag Archives: Demand

Why Aurora Cannabis Inc. Will Outperform Canopy Growth Corp. in 2018

Why Aurora Cannabis Inc. Will Outperform Canopy Growth Corp. in 2018

Why Aurora Cannabis Inc. Will Outperform Canopy Growth Corp. in 2018

Aurora Cannabis Inc. (TSX:ACB) and Canopy Growth Corp. (TSX:WEED) are the two frontrunners in the rapidly emerging Canadian cannabis scene, but will these two powerhouses play leapfrog as legalization day comes and goes?

EY: Scaling Up in Canada

Canadian Cannabis Companies Focused on Scaling Up to Meet Anticipated Post-legalization Demand

TORONTO, Ont., Nov. 20, 2017 /Weed Wire/ — Thirty-seven percent of Canadian licensed cannabis producers are focusing on scaling up capacity and production to meet anticipated post-legalization demand, according to a new Canadian EY cannabis study of licensed producers.

This Canadian Marijuana News Could Boost Sales by 400%

This Canadian Marijuana News Could Boost Sales by 400%

There’s a massive Canadian marijuana news story that we’ve been following for over a year here at Money Morning. The news could lead to the Canadian cannabis industry growing by 400% in just four years, and you can profit by getting in right now…

Pot Investors: This Mistake Cost a Growth Company 35% of its Stock Price!

Pot Investors: This Mistake Cost a Growth Company 35% of its Stock Price!

Marijuana companies should be careful in overselling how much growth will be achieved or what the prospects will look like for the industry. There is a recent example that cannabis investors would be wise to review, and that’s what happened with Freshii Inc..

Flickr / Jeremy Brooks / CC BY-NC 2.0

Report: Nevada Recreational Cannabis Sales Decline Due to Supply Shortages

Nevada recreational cannabis sales have declined by approximately 20-30% since first launching in July of this year, according to a report published by the Nevada Department of Taxation and obtained by the Reno Gazette-Journal.

Nevada Dispensaries on the Verge of Running Out of Marijuana

Nevada Dispensaries on the Verge of Running Out of Marijuana

After nearly a week of sales, Nevada dispensaries are on the verge of running out of marijuana. On July 7, 2017, it was announced that Gov. Brian Sandoval had endorsed a “statement of emergency” issued by the state Department of Taxation, giving the department the latitude to adopt emergency regulations aimed at fixing the marijuana shortage.

Alaska's Marijuana Tax Revenue Dipped in January

Alaska’s Marijuana Tax Revenue Dipped in January

Tax revenue for Alaska’s legal marijuana industry dipped in the month of January. With retailers selling approximately 111 pounds of marijuana flower and another 77 pounds of marijuana plant material during the first month of 2017, the state took in $107,500 in marijuana taxes for January, which is $38,300 less than December’s high of $145,800.

John F. Kelly, Trump's Choice For DHS Chief, Considers Medical Marijuana Legitimate

Trump’s Choice For DHS Chief Considers Medical Marijuana Legitimate

Retired U.S. Marine Gen. John F. Kelly will be President-elect Donald Trump’s nominee for chief of the Department of Homeland Security. In a recent interview, Kelly said he believes U.S. drug policy should focus on reducing demand, and he also said medical marijuana has a legitimate medicinal purpose.

legal marijuana in Canada

Legal Marijuana Industry in Canada Will be Bigger Than Alcohol, Study Says

A study by Deloitte says legal marijuana in Canada will become a $22.6 billion industry, surpassing all alcoholic beverages combined. The soon-to-be-released, 11-page report, titled “Recreational Marijuana: Insights and Opportunities,” says fulfilling the demand for recreational pot will require 600,000 kilograms annually.

Hollowaty group

Hollowaty Group LLC Raises the Bar on Marijuana Market Research

CHICAGO, Aug. 5, 2015 /Weed Wire/ — Hollowaty Group, LLC today announced the debut of its cannabis market demand models in electronic format for every U.S. state, bringing an elevated level of analytical rigor, flexibility and transparency to this rapidly growing, multi-billion dollar industry.

Following the rules.

New Cannabis Production Rules Rile Rookies

One of the leading arguments for the legalization of cannabis is the tax revenue a state can generate. Unfortunately for Colorado, instead of generating the predicted $33.5 million tax revenue, they only generated $12 million, a shortfall of $21.5 million.

Construction Plans

MMJ Facility Under Construction in Florida

On November 4, voters in Florida will vote on the legalization of medical marijuana. With 9 out of 10 Floridians in support of the proposed measure, it is expected to pass. In preparation for the imminent passage of the ballot amendment, one company has big plans to become the largest medical marijuana supplier in the state.

Real Estate Sign

Cannabis Fuels Denver’s Real Estate Revival

Real estate is one of the oldest forms of investing; and probably one of the most sound as well. All other things being equal, the value of a real estate property tends to go up more often than it goes down. This is never truer than it is now in Denver. Legalized cannabis has single-handedly

Revenue

Colorado Cannabis Tax Revenue Falls Short

Taxes are like flies: no one really wants them around, but they play a vital role in their respective ecosystem. As summer flies by, Colorado officials are counting coffers and noticing an extreme shortfall in projected revenue from taxes on recreational cannabis.


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