On Oct. 18, 2016, CB Insights released a report on deals made and dollars invested into private American cannabis companies in the third quarter of 2016. Deals remained steady for the quarter, but dollars invested dropped to the lowest recorded level since Q3 of 2015.
Tag Archives: Report
WASHINGTON, Oct. 13, 2016 /Weed Wire/ — A new report by the Drug Policy Alliance brings good news for the states considering legalization at the ballot on November 8, 2016, and the broader marijuana legalization movement.
Although opinions of marijuana have started to shift in the United States toward legalization, marijuana-related arrests exceeded the total number of arrests for violent crimes in 2015.
BOULDER, Colo., Sept. 29, 2016 /Weed Wire/ — Oregon’s nascent adult-use cannabis market showed relatively steady growth this year, from $12.5 million in January retail sales to $24.9 million in June, according to BDS Analytics, a firm that tracks retail sales of cannabis.
On Sept. 26, 2016, Massroots (OTCQB:MSRT) issued a letter from Isaac Dietrich, Chairman and Chief Executive Officer, on the company’s outlook for Fall 2016, including updates on the product pipeline, user growth and expense reductions, among others; however, the letter failed to address the company’s recent default on debt.
OAKLAND, Calif., Sept 23, 2016 /Weed Wire/ — Arcview Market Research, the leading publisher of cannabis market research, in partnership with New Frontier Data, the cannabis Big Data and analytics authority has released the Mid-Year Update of the 4th Edition of the State of Legal Marijuana Markets.
On Sept. 15, 2016, a legislator from California revealed that Mexican President Enrique Peña Nieto brought up California’s recreational legalization measure with a delegation of California Democratic lawmakers who were visiting Mexico to discuss trade and border issues.
United States Secretary of Defense Ash Carter thinks that the Pentagon should ease its stance on hiring marijuana users.
On Sept. 12, 2016, Cowen and Company (Nasdaq:COWN) released a report on the near- and long-term market potential of legal recreational cannabis in the United States, estimating that a federally legal U.S. cannabis market could reach $50 billion in gross retail sales by 2026.
On Aug. 30, 2016, the New York State Department of Health announced that it is going to expand its medical marijuana program.
Edibles hit Washington’s adult-use cannabis market one month after recreational stores opened in July 2014 and keeping them out of the reach of children continues to be a primary concern for many in the industry.
A new report on the cannabis industry details its explosive growth and may be pointing to a different kind of job market.
The transparency of New York’s Medical Marijuana Program has been questioned by many New Yorkers, but on Aug. 19, 2016, the New York State Department of Health released a two-year report on the state’s Medical Use of Marijuana Under the Compassionate Care Act, as confirmed by a staff member with the NYS Medical Marijuana Program.
On Aug. 18, 2016, the West Virginia Center on Budget and Policy announced that it had released a report that examines how marijuana legalization could affect the state’s budget, prison system and chronically ill.
WASHINGTON, Aug. 9, 2016 /Weed Wire/ — Today, Americans for Safe Access (ASA) released the Medical Cannabis Access for Pain Treatment: A Viable Strategy to Address the Opioid Crisis report to educate legislators and health practitioners on the benefits of medical cannabis as a treatment option for the millions of patients suffering from chronic pain.
As of July 26, 2016, the New York State Department of Health had 639 physicians registered with the state’s medical marijuana program and 5,966 patients certified by physicians, but some New Yorkers and advocates are asking the state for more details. When New York Gov. Andew Cuomo signed the Compassionate Care Act, legalizing medical marijuana, into law…
NEW YORK, Aug. 4, 2016 /Weed Wire/ — Tauriga Sciences, Inc. (OTC PINK: TAUG) (“Tauriga” or the “Company”), a diversified life sciences technology Company, today announced that it has secured additional capital from an existing institutional investor in order to finance additional audit and interim reporting related work.
WASHINGTON, July 28, 2016 /Weed Wire/ — Today, the Drug Policy Alliance released Marijuana Facts, intended for non-expert audiences seeking answers to some of the most common questions asked about marijuana use, its effects, and the rapidly-shifting legal landscape.
Even as the legalization of marijuana loses its shock value in some states, women still lag men in buying marijuana.
The Arizona Department of Health Services is accepting medical marijuana dispensary applications from July 18 – July 29, 2016.
Decriminalising cannabis would generate money for the Government and ease pressure on New Zealand’s courts according to an informal Treasury report.
Colorado’s fledgling marijuana industry — which, in the grand scheme of things, is just a tiny sliver of the economic pie chart — is backfilling retail sales losses.
Dispensaries in Washington state have sold more than $1 billion worth of recreational marijuana since weed was legalized in 2014, a Seattle newspaper reported.
On July 6, 2016, the Oregon Health Authority announced the launch of a new advertising campaign to combat teen marijuana use. Dubbed “Stay True to You,” the campaign used focus groups and research to formulate a message that would resonate with younger audiences.
On July 6, 2016, Health Affairs journal reported in “Medical Marijuana Laws Reduce Prescription Medication Use In Medicare Part D” that prescription pain pill rates “significantly fell” from 2010-2013 among Medicare patients in states with legal medical marijuana programs.
A new report estimates that if Nevada legalizes adult use in November, the adult use market will experience explosive growth from 2016 to 2020.
A new study says Arizonans would spend about $500 million on marijuana if it is legalized for recreational use, according to a Capitol Media Services report at Tucson.com. That would generate about $82 million in taxes for Arizona each year.
From industry members in the trenches to suits in corner offices, here are five events that show cannabis cleans up well, signaling the professionalization of the industry.
According to a new report from the Oregon Legislative Revenue Office, the state expects recreational sales tax revenue volume to increase by 10 percent for June 2016.
On June 24, 2016, the District of Columbia’s Department of Health issued “Marijuana in the District of Columbia,” a report that identifies and analyzes the pros and cons of decriminalization and recreational marijuana legalization in Washington, D.C.
As of May 30, 2016, the state of Oregon has collected approximately $14.9 million in marijuana tax revenue for the year. This is according to a new report by the Oregon Department of Revenue, released on June 22, 2016.
With cannabis poised to be America’s largest cash crop, cannabis cultivators can protect their investment by replacing questionable pesticides with non-toxic and natural pesticides.
On June 14, 2016, the California chapter of the America Civil Liberties Union officially endorsed the Adult Use Marijuana Act, which would legalize recreational marijuana in the state.
On June 16, 2016, the Brookings Institute published “Worry about bad marijuana—not Big Marijuana,” a paper by John Hudak and Jonathan Rauch that argues against the mindset of “Big Marijuana” alarmists.
On June 6, 2016, the Minnesota Department of Health issued a report on survey results collected from patients in the state’s medical cannabis program, revealing that a majority of patients have benefited substantially from using legal medical cannabis.
The number of licensed medical marijuana patients who purchased cannabis in New Mexico grew from 18,062 in the first quarter of 2015 to 55,016 in the same period this year.
It’s like forecasting early gold reserves in the heady days of California’s Gold Rush era. Revenue estimates that will come from legalizing marijuana are growing almost like weed itself.
According to a new federal study, 703,759 full-time U.S. college students out of a total population of 9 million used marijuana on an average day and about 195,000 part-time college students out of 2 million used pot on an average day.
With the Adult Use of Marijuana Act poised to go on California’s ballot in November, marijuana advocates have started looking into who is bankrolling the opposition.
DALLAS, Texas, May 17, 2016 /Weed Wire/ — North American Cannabis Holdings, Inc. (USMJ) today announced filing its quarterly financial report for the period ending March 31, 2016. The Company reports $377,000 YTD sales through its third fiscal quarter.
DENVER, May 4, 2016 /Weed Wire/ — Members of the National Cannabis Industry Association will be getting a valuable new benefit, thanks to a ground-breaking partnership with leading cannabis market intelligence firm BDS Analytics.
On April 19, 2016, the Colorado Department of Public Safety, Division of Criminal Justice, issued “Marijuana Legalization in Colorado: Early Findings,” a 147-page report on the impacts of Amendment 64, specifically on public safety, public health and youth.
On April 12, 2016, Economist Beau Whitney and cannabis industry consultant Sam Chapman announced the release of their new cannabis industry report, “Oregon Cannabis Jobs Report: Retail Sales and Job Creation in Oregon’s Burgeoning Cannabis Sector.”
Heightened competition in the market for legal recreational weed is pushing prices down and firing up border wars across state lines.
Oregon’s legal marijuana sales brought in nearly $265 million in 2015, according to a report by leading cannabis market research firms. The report projects Oregon’s legal marijuana sales will reach $481 million by the end of 2016.
In 1994, John Ehrlichman, the Watergate co-conspirator, unlocked for me one of the great mysteries of modern American history: How did the United States entangle itself in a policy of drug prohibition that has yielded so much misery and so few good results?
On March 22, 2016, ArcView Market Research, in partnership with New Frontier, announced that it had released the 4th edition of the State of Legal Marijuana Markets, an in-depth report on market data for states with legal marijuana.
Readers of MJINews can use the code MJIC100 to receive $100 off of the purchase price for the 4th edition of The State of Legal Marijuana Markets.
On March 18, 2016, CanopyBoulder announced that it had raised a $2 million fund to invest in two classes of startups for its business accelerator program in 2016.
On March 14, 2016, the real estate blog Estately released a report ranking states based upon “enthusiasm” for marijuana.