Tag Archives: Cannabis Industry

North American Cannabis Industry Raised $1 Billion in 2016

North American Cannabis Industry Raised $1 Billion in 2016

North American Cannabis Industry Raised $1 Billion in 2016

Viridian Capital Advisors recently reported the global cannabis industry has raised more than $1 billion in 2016, according to Forbes. Most of the $1 billion-plus in capital investments was raised in the United States and Canada, with other countries contributing small amounts, Scott Greiper of Viridian said.

Tradiv

Tradiv Scores $1 Million in Seed-Stage Funding

Tradiv.com announced on Thursday that it had completed its $1 million seed-stage round of funding. The round was led by investors TL Partners, Poseidon Asset Management, and Anslinger Capital. After pitching to the ArcView Group’s Investor Network, Tradiv was approached by investors who like the online, wholesale, B2B marketplace idea.

Oregon

Oregon Recreational Licensing Opens New Vistas

Oregon’s Measure 91 permits four license types for the recreational cannabis industry: producer, processor, wholesaler and retailer. A company can apply for all four, thus setting itself up as a vertically integrated operation; it can apply for one only; or it can mix and match, to carve out its own niche.

market diversity

Cannabis Startups Diversify Market

It is common for the marijuana industry to be portrayed as one dimensional. To many individuals, the marijuana market simply consists of a grower, a store owner, and a smoker; however, nothing can be further from the truth.

Apeks

Apeks SuperCritical

Apeks Supercritical builds fully automated subcritical and supercritical botanical oil extraction systems that use liquid CO2 as a solvent. CO2 is a clean, inert, nontoxic solvent, and it is nonflammable. Systems are built to extract any botanical material, but 90 percent of Apeks’ business comes from the cannabis industry.

Recreational Sparks

Budding Recreational Pot Industry Sparks Innovation and Investment

Recreational marijuana is legal in Colorado and Washington state, and though it’s still illegal under federal law, more states are considering the move, setting the stage for a potential gold rush that could conceivably rival the repeal of prohibition. Economics correspondent Paul Solman talks to entrepreneurs looking to cash in on the cannabis industry.

Uruguay

Uruguay Has Big Hopes for Pot Industry

Uruguay doesn’t want marijuana tourists flocking to its shores for cheap pot. Instead, the small South American nation hopes that its status as the only country to fully regulate the cannabis industry will turn it into a magnet for investment in medical and other applications of the plant.


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