BOULDER, Colo., Feb. 26, 2018 /Weed Wire/ – Wana Brands, one of Colorado’s original infused product manufacturers, continues to dominate the state’s marijuana infused product market. For the calendar year 2017, Wana Brands owned 17.33 percent of the overall Colorado edibles market, with its closest competitor at 9.97 percent.
Tag Archives: Market
NEW REPORT: Worldwide Spending on Legal Cannabis will Reach $57 Billion by 2027
OAKLAND, Calif., Feb. 26, 2018 /Weed Wire/ – Worldwide consumer spending on legal cannabis is projected to reach $57 billion by 2027, according to the “The Road Map to a $57 Billion Worldwide Market” report released today by Arcview Market Research, in partnership with BDS Analytics.
MassRoots Provides Shareholder Update and Plans for Continued Growth
DENVER, Feb. 14, 2018 /Weed Wire/ – MassRoots, Inc. (“MassRoots” or the “Company”) (OTCQB:MSRT), one of the leading technology platforms for the regulated cannabis industry, is pleased to release the following shareholder update from its Chairman and Chief Executive Officer, Mr. Isaac Dietrich
Cannabis Lifestyle Brand Jane West Launches Equity Crowdfunding Campaign
DENVER, Jan. 30, 2018 /Weed Wire/ — Jane West, the eponymous lifestyle brand from the woman leading marijuana’s shift into mainstream culture, today launched its first equity crowdfunding campaign. The company is seeking $1.07 million in funding by April 20, 2018.
Alaska Reports Dip in Marijuana Tax Revenue in Latest Report
The state of Alaska reported a dip in tax collections from legal marijuana businesses in November.
NEW REPORT: Legal Marijuana Industry to Generate $40 billion in Economic Impact by 2021
OAKLAND, Calif., Jan. 2, 2017 /Weed Wire/ — The total economic output from legal cannabis will grow 150% from $16 billion in 2017 to $40 billion by 2021, according to the “US Legal Cannabis: Driving $40 Billion Economic Output” report released today by Arcview Market Research, in partnership with BDS Analytics.
Friday Night Inc. Expands Brand Into California CBD Market
VANCOUVER, British Columbia, Dec. 15, 2017 /Weed Wire/ — Friday Night Inc. (Friday Night) (CSE: TGIF) (FWB: 1QF) (OTCQB: TGIFF) is pleased to announce that its Canna Hemp product line is now being sold to cannabis dispensaries and other retail outlets in the State of California.
NEW REPORT: Legal Marijuana Sales to Grow 33% to $10 Billion in 2017
OAKLAND, Calif., Dec. 6, 2017 /Weed Wire/ – Consumer spending on legal cannabis in North America is outpacing previous estimates, according to a new report out today from Arcview Market Research.
Medical Cannabis Could Generate $1.4 Billion in Brazil
WASHINGTON D.C., Nov. 30, 2017 /Weed Wire/ — New Frontier Data, the global cannabis industry authority in business intelligence and data analysis reporting, in partnership with The Green Hub, one of the first medical cannabis research and information platforms in Brazil, has just published its first in-depth look at the Brazilian nascent cannabis market.
Metatron (MRNJ) Integrates New Cryptocurrency App for Cannabis Payments and Signs Deal with Biotech Company
DOVER, Del., Nov. 29, 2017 /Weed Wire/ — Metatron (OTC PINK: MRNJ), a mobile and web technology pioneer having released over 2000 Marijuana, CBD, secure chat and related apps on iTunes and Google Play, is pleased to report the development of Bitweed, a cryptocurrency transaction and tracking app for Cannabis that is expected to evolve into its own CryptoCoin.
Pharmacists Disappointed with Proposed Cannabis Regulations, Concerned with Impact to Medical Cannabis Patients
OTTAWA, Ontario, Nov. 22, 2017 /Weed Wire/ — The Canadian Pharmacists Association (CPhA) is disappointed that the federal government’s proposed regulatory approach to cannabis continues to miss the mark on several key issues, displaying an ongoing lack of concern for medical cannabis patients.
New Frontier Data Partners with Hoban Law Group
WASHINGTON, Nov. 16, 2017 /Weed Wire/ – New Frontier Data, the leading provider of data, analytics and business intelligence in the cannabis industry, has partnered with the Hoban Law Group, the premiere and most respected “cannabusiness” law firm specializing in legal and regulatory aspects in this space, to bring to market the first real-time investment risk assessment solution combining their respective expertise in cannabis legal and business regulation, as well as macro to micro market data and analytics.
California Marijuana Tax Problem: Why Prices Could Increase 70% in 2018
Buying weed in California is about to get less risky and much more expensive. A patchwork of new policies, including special taxes, will roll out in the state before sales of recreational marijuana begin at the start of 2018.
Tetra Bio-Pharma Goes After the Cannabis Oil Medical Market and Launches a Phase 4 Trial with Cannabis Oils in Partnership with Santé Cannabis
OTTAWA, Ontario, Oct. 26, 2017 /Weed Wire/ – Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TSX VENTURE:TBP)(OTCQB:TBPMF), a global leader in cannabinoid-based drug development and discovery, today announced the launch of a medical cannabis oil program as it targets penetrating the lucrative cannabis oil market and strengthens its plans to generate revenues from the medical cannabis market.
Wana Brands expands CBD product offerings with a flavorful addition for Colorado’s adult-use and medical marijuana markets
BOULDER, Colo., Oct. 9, 2017 /Weed Wire/ — Wana Brands, Colorado’s No. 1 infused products manufacturer, has announced the addition of Strawberry Lemonade sour gummies 1:1 CBD:THC. The latest line extension provides customers the freedom to choose a more balanced experience and desired effect in the form of a discreet and refreshing gummie.
Cannabis Compliance Inc. Announces Strategic Partnership
TORONTO, Ontario, Sept. 29, 2017 /Weed Wire/ – Cannabis Compliance Inc., (CCI) of Toronto, Ontario, Canada, is pleased to announce the formation of a strategic partnership with 2Badgers Consulting Inc. of British Columbia, Canada to explore partnerships between Indigenous Peoples and Industry to develop cannabis based businesses on Indigenous land.
Supreme Engages Leading Financial Communications Firm Bayfield Strategy
TORONTO, Ontario, Sept. 28, 2017 /Weed Wire/ — Supreme Pharmaceuticals Inc. (“Supreme” or the “Company”) (TSXV: FIRE) is pleased to announce that it has retained Bayfield Strategy, Inc. (“Bayfield”) to provide comprehensive Investor and Public Relations.
U.S. Wholesale Cannabis Prices Down 18.6% During First Half of 2017, Despite Relative Stability
STAMFORD, Conn., Sept. 25, 2017 /Weed Wire/ — Cannabis Benchmarks®, a division of New Leaf Data Services, LLC and the cannabis industry’s only independent assessor of wholesale prices, has released its 2017 Mid-Year Wholesale Market Report.
Niagara College to Offer Canada’s First Postsecondary Credential in Commercial Cannabis Production
NIAGRA FALLS, Ontario, Sept. 19, 2017 /Weed Wire/ — Responding to a need for skilled graduates who are knowledgeable in the complex regulations and requirements of an emerging industry, Niagara College will launch a Graduate Certificate program in Commercial Cannabis Production in 2018.
New Brunswick Companies will Supply Cannabis for Recreational Market
MONCTON, N.B., Sept. 15, 2017 /Weed Wire/ — The provincial government has secured suppliers of cannabis for the recreational-use market in anticipation of the federal government legalizing such use by July 2018.
Millennials Currently Account for 80% of All Cannabis E-Commerce and Delivery Purchases in California
WASHINGTON, Sept. 8, 2017 /Weed Wire/ – New Frontier Data (www.newfrontierdata.com), an independent, technology-driven analytics company specializing in the cannabis industry, in partnership with greenRush.com, the world’s largest online marketplace for cannabis products, today unveiled “Cannabis On Demand: Evolving Trends in California’s Medical Market,” a groundbreaking new market data report on California’s fast-growing online cannabis e-commerce and delivery segments, for which millennials currently account for an astounding 80% of total sales.
4 Insights To Know About California’s Cannabis Industry
ANAHEIM, Calif., Sept. 7, 2017 /Weed Wire/ – The California cannabis market is complex and ever-changing and with such a large influx of information, sorting through all the data can prove to be not only challenging, but exhausting.
Marijuana Entrepreneurs Pitch Hundreds of Private Investors In Palm Beach, FL
PALM BEACH, Fla., Aug. 30, 2017 /Weed Wire/ — More than 200 high-net worth investors from around the world, eager to invest in the fastest growing industry in America will gather at the Eau Palm Beach Resort & Spa for a two day “Shark Tank”-like pitch forum on Tuesday, September 19th and Wednesday, September 20th, hosted exclusively for members of The Arcview Investor Network.
10 Speakers to Meet at #CACannaBizCon
ANAHEIM, Calif., Aug. 28, 2017 /Weed Wire/ — The first-ever California Cannabis Business Conference, presented by the industry’s leading trade associations, CCIA and NCIA, is less than a month away.
Governor Kate Brown Responds to AG Sessions’ Letter Regarding Legal Marijuana
SALEM, Ore., Aug. 22, 2017 /Weed Wire/ — Governor Kate Brown today sent a letter to U.S. Attorney General Jeff Sessions, explaining in detail the state policies in place that are aimed at the safety and security of Oregon’s marijuana market.
Israel Medical Marijuana: Joint Panel Approves Export Plan
Israel’s Finance and Health ministries approved a medical marijuana export plan that looks to increase annual revenue from $1 billion to $4 billion as the government-supervised program seeks to brand and market its pot products internationally.
Cara Therapeutics May Be 1 Clinical Trial Away From a $1 Billion Valuation
If just a single clinical trial works in favor of Cara Therapeutics, it could regain everything it’s recently lost and possibly hit a $1 billion market cap.
These Are the Top Five Emerging Trends in the Cannabis Industry
A new report on the cannabis industry has identified several emerging trends as more states boldly ignore the federal government and push forward with legalization.
Wana Brands Gains Market Share Within the Oregon Edibles Industry
PORTLAND, Ore., July 26, 2017 /Weed Wire/ — As the cannabis market blossoms in Oregon, consumers are turning to edibles for a safe, effective, discreet and delicious way to achieve a legal elevated lift.
New Frontier Data Appoints Technology Veteran Gary Allen as COO
WASHINGTON, July 27, 2017 /Weed Wire/ — New Frontier Data (www.newfrontierdata.com), an independent, technology-driven analytics company specializing in the cannabis industry, announced today the appointment of Gary Allen as chief operating officer, capping a first half of 2017 filled with rapid advancement and innovation.
Cara Therapeutics Stock Has Lost More Than Half Its Value in 2 Weeks
On June 27, Cara Therapeutics (NASDAQ:CARA), a clinical-stage biotech company with a focus on treating chronic pain and pruritus, surged to an all-time intraday high of $28.50 a share. Cara was just $73 million away from joining the $1 billon market cap ranks.
3 Things You Need to Know About Marijuana Stock Insys Therapeutics
Insys Therapeutics is one of several biotechs developing cannabinoid drugs. Unlike most of these other companies, though, Insys has already won regulatory approval for its first cannabinoid — Syndros.
Proposed California Cannabis Branding Ban Bad for Consumers
WASHINGTON, June 29, 2017 /Weed Wire/ — The proposed branding ban by the California state legislature for cannabis businesses harms consumers, hurts business, and doesn’t accomplish its stated goal.
Metatron, Inc. ($MRNJ) Seeks To Enter The Multi-Billion Dollar Coffee Market With A Single Serve Maker And Specialty CBD Infused Coffee Blend
DOVER, Del., May 22, 2017 /Weed Wire/ – Metatron (OTC PINK: MRNJ), an emerging pioneer of releasing Marijuana & CBD related apps on iTunes and Google Play, is pleased to announce it is entering the Health and Wellness markets of Cannabonoid extracts and seeks to specialize in the development of cannabinoid-based products and is making plans to enter the Multi-Billion Dollar coffee markets with its own single serve coffee maker and specialty blend of CBD infused Coffee.
Agritek Holdings, Inc. Announces First Order Of 10,000 MicroDose Oral Strips Brand Under Company’s Product Line And Launch Of New Corporate Web Site
LOS ANGELES, May 10, 2017 /Weed Wire/ – Agritek Holdings, Inc. (OTCQB: AGTK) www.AgritekHoldings.com, a fully integrated, active cannabis real estate investor and branding consultant in the legal cannabis sector today announced the company’s first order for its licensed brand “MicroDose” Oral Strips for the medicinal market of California.
New Study Canna Ventures First to Define Audience Segments of Cannabis Consumers Paving the Way for Mainstream Marketing
SEATTLE, Wash., May 10, 2017 /Weed Wire/ – A new study by Canna Ventures reveals expanding legalization is changing consumer attitudes and clarifying who will be the cannabis consumers, and who won’t.
Freedom Leaf, Inc. Announces Uplisting to the OTCQB, Mainstreaming The Marijuana Legalization Company
LAS VEGAS, May 9, 2017 /Weed Wire/ – Freedom Leaf, Inc. The Marijuana Legalization Company (OTC PINK: FRLF) announces it has filed the application on Monday May 8th to uplist Freedom Leaf’s stock to the OTCQB Venture Market trading platform.
THC:ASX Announcement: 1st Quarter Revenue up 22% And US Expansion
SYDNEY, Australia, May 9, 2017 /Weed Wire/ – The Hydroponics Company Limited (ASX: THC) is pleased to announce that first quarter revenue in its wholly owned subsidiary CMDV (Crystal Mountain (Canada)/Dragon Vision (Hong Kong)) increased by more than 22% year-on-year to over $1.11m.
Is Now the Time to Invest in Marijuana Stocks?
With multiple companies showing returns of more than 100%, you have what has turned into one of the more attractive sectors for investors in 2017. But is this the right move? Are marijuana stocks worth it? Most importantly, is now the time to invest in marijuana stocks?
3 Charts That Show Why the Marijuana Stock Boom Could Continue
Can marijuana stocks keep going higher? The answer could depend more on the laws of supply and demand than current U.S. laws.
Wana Brands Adds CBD Gummies to the Mix
BOULDER, Colo., April 24, 2017 /Weed Wire/ — Wana Brands has united its top selling sour gummies with CBD, a consumer favorite, for its latest line extension CBD Specific Gummies.
World of Cannabis Summit Interview: Rolling Paper Depot’s Jarrod Smith
In this World of Cannabis Interview, watch Caroline Cahill, Managing Editor of MJINews.com, interview Jarrod Smith, CEO of Rolling Paper Depot.
Hundreds of Marijuana Investors Meet Dozens of Start Ups in Austin, TX May 2-3
AUSTIN, Texas, April 20, 2017 /Weed Wire/ — More than 200 high-net worth investors from around the world, eager to invest in the fastest growing industry in America will gather at AT&T Conference & Education Center for a two day “Shark Tank”-like pitch forum.
World of Cannabis Summit Interview: Munchies B Gone’s Richard Zimmer
In this World of Cannabis Interview, watch Caroline Cahill, Managing Editor of MJINews.com and Marijuana Industry News magazine, interview Richard Zimmer III, Co-Founder of Munchies B Gone.
Wana Brands Co-Owner Nancy Whiteman to Offer Infused Products Insights at leading Industry Events
BOULDER, Colo., April 10, 2017 /Weed Wire/ — Wana Brands Co-Owner Nancy Whiteman will offer Cannabis industry insights on innovative trends and discuss tools and strategies for marketing infused products at leading industry events.
HempTech (HTCO) Announces Preliminary Record Numbers for Fourth Quarter and Year-end 2016 — Grew revenue 400% compared to Q4 2015
SAINT PETERSBURG, April 10, 2017 /Weed Wire/ — HempTech Corp. (OTC PINK: HTCO), a provider of advanced Controlled Environment Agriculture (CEA) with sophisticated automation and analytical tools for the cultivators of legal industrial hemp and marijuana, announces today that it has experienced exceptional growth in corporate performance and sales in 2016, which has materialized broadly in the first quarter 2017.
Illinois General Assembly to Consider Ending Marijuana Prohibition, Regulating and Taxing Marijuana for Adult Use
SPRINGFIELD, Ill., March 23, 2017 /Weed Wire/ — State lawmakers introduced legislation Wednesday that would end marijuana prohibition in Illinois and establish a system in which marijuana is regulated and taxed for adult use.
THC Announces $10,000,000 Capital Commitment
VANCOUVER, British Columbia, March 16, 2017 /Weed Wire/ — THC BioMed Intl Ltd. (“THC” or the “Company”) (CSE:THC) announces that it has entered into a capital commitment agreement (the “Capital Commitment”) with GEM Global Yield Fund LLC SCS (“GEM”) for a $10 million Capital Commitment from GEM to invest into THC.
4 Reasons Your Marijuana Investment Could End in Tears
Marijuana has quickly become the next “can’t miss” investing idea for investors across North America. Despite this huge potential market, people are reluctant to put any of their cash into this market
MassRoots Retires All Remaining Convertible Debt
DENVER, March 15, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT), one of the leading technology platforms for the cannabis industry, is pleased to announce it has retired all convertible debt on its balance sheet.