DENVER, April 3, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB: MSRT), a leading technology platform for medical cannabis patients and businesses, is pleased to announce it has launched an updated business portal.
Tag Archives: Revenues
In 2016, Colorado sales of recreational and medical marijuana sales combined hit $1.3 billion, according to a Feb. 9, 2017, article by the Associated Press. The figure, drawn from a Colorado Department of Revenue report, shows a steady climb from $699 million in 2014 and $996 million in 2015.
Two New Mexico state legislators are touting marijuana legalization as a way to bring more revenue into the state’s coffers. Rep. Bill McCamley, a Democrat from Mesilla Park, NM, has sponsored a bill in the New Mexico House of Representatives that would legalize, tax and regulate marijuana for adults. Sen. Gerald Ortiz y Pino, a Democrat from Albuquerque, has sponsored an identical bill in the Senate.
PORTLAND, Ore., Nov. 22, 2016 /Weed Wire/ — Kaya Holdings, Inc. (KAYS) announced today that it has filed its third quarterly report for 2016.
WASHINGTON, Nov. 8, 2016 /Weed Wire/ —Voters in Massachusetts have approved marijuana legalization, making it the first state east of the Rockies to do so.
SANTA ANA, Calif., Nov. 3, 2016 /Weed Wire/ — Kush Bottles (OTCQB: KSHB), a supplier of packaging supplies, accessories, and branding solutions for the legal cannabis industry, reported financial results for its fiscal year ended August 31, 2016.
DENVER, Aug. 12, 2016 /Weed Wire/ — General Cannabis Corporation (OTCQB:CANN), the all-in-one resource to the regulated cannabis industry, today reported revenues for the three months ended June 30, 2016 of $701,942, a 64% increase over the $427,202 in revenues for the same period in 2015.
The Arizona Department of Health Services is accepting medical marijuana dispensary applications from July 18 – July 29, 2016.
So many people get tripped up or freaked out about the idea of investing in the cannabis industry, as if it is somehow a foreign concept, when in actuality many of the investment opportunities in the cannabis space have an interesting and financially sound platforms to their business models.
LOS ANGELES, July 6, 2016 /Weed Wire/ — Kush Bottles, Inc. (OTCQB: KSHB), America’s premier supplier of packaging, accessories, and branding solutions for the legal cannabis industry, today reported record financial results for its third quarter and nine months ended May 31, 2016 and provided a positive outlook for the balance of the fiscal year and 2017.
A report from the Hawaii Dispensary Alliance says the state’s medical marijuana dispensaries could produce revenues between $12 million and $38 million during their first year of operation, according to an Associated Press article. By 2018, dispensaries could bring in $80.5 million as registered patients grow from 14,000 to as many as 40,000.
DENVER, April 15, 2016 /Weed Wire/ — Medicine Man Technologies Inc. (OTCQB: MDCL) announced that it generated strong growth in revenues as well as profits from operations in its first full year of operations.
DENVER, April 8, 2016 /Weed Wire/ — Canna Security America (CSA) (OTCQB: CSAX), the leading comprehensive security solutions provider catering to businesses in the licensed cannabis industry, is pleased to report a 17% increase in revenues over last year at this time.
SMITH FALLS, ON, Feb. 25, 2016 /Weed Wire/ — Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSXV: CGC) today released its financial results for the third quarter of fiscal year 2016 ended December 31, 2015.
Under a plan proposed by the Oregon Health Authority, medical marijuana growers would have to pay a $200 annual fee for every medical marijuana patient for whom they grow. The fee under existing law is currently $50 per patient.
SANTA ANA, Calif., Dec. 1, 2015 /Weed Wire/ — Kush Bottles (OTCPK:KSHB), North America’s premier supplier of customizable child-resistant packaging solutions and accessories for the legal cannabis industry, reported financial results for its fiscal year ended August 31, 2015.
PORTLAND, Nov. 24, 2015 /Weed Wire/ — Kaya Holdings, Inc. (OTCQB:KAYS), announced today that it has released its quarterly report for the period ending September 30, 2015.
Grasping the impact that their existing, loyal customers have on their long-term business viability, owners are rapidly refocusing and targeting their time and budgets onto digital technology.
Entrepreneurs don’t always know what qualifies as a fungible asset. And they’re not aware that many emerging businesses can gain access to finance fairly easily if their business has the right components.
It’s no secret that medicinal cannabis is big business in California, the first state to legalize medicinal marijuana. If a ballot initiative legalizing recreational marijuana passes in November 2016, business is going to get bigger.
Investing “in the plant” remains a road that can only be traveled by a select few in the United States. But in Canada, it is a whole different story.
Not you, not me, tax the man behind the tree. Unfortunately, discussions of tax policy sometimes never get beyond this point, but setting tax policy is like building infrastructure.
LAS VEGAS, July 23, 2014 /PRNewswire/ — DigiPath, Inc. (OTCBB and OTCQB: DIGP), a digital pathology solution provider that is expanding into the cannabis testing and education markets, announced the filing of its periodic report on Form 10-Q for the quarter ended June 30, 2014, which disclosed the consummation of financings in the aggregate amount of $8.2 million from accredited investors during its third fiscal quarter.