Tag Archives: Legal Marijuana

Legal Pot Could Steal More Than a Quarter of Beer Drinkers

Legal Pot Could Steal More Than a Quarter of Beer Drinkers

Legal Pot Could Steal More Than a Quarter of Beer Drinkers

In the latest speculation about the impact of legal marijuana on beer sales, Cannabiz Consumer Group research shows more than a quarter of beer drinkers have switched or would switch to marijuana, causing a major hit to retail sales of beer. Cannabiz estimates retail sales of beer could drop $2 billion annually, or 7.1 percent of existing sales.

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.

Sales and Use

Court Finds Legal Marijuana Insurable Under Commercial Property Policy

The U.S. District Court for the District of Colorado in The Green Earth Wellness Center, LLC v. Atain Specialty Insurance Company, No. 13-cv-03452-MSK-NYW, 2016 WL 632357 (D. Colorado Feb. 17, 2016) was recently faced with determining the extent of coverage under a commercial property policy for damage sustained to marijuana plants at a growing facility and addressing

eCann, Inc. Announces Cannabis Investor Summit

SAN FRANCISCO, May 21, 2015 /PRNewswire/ — eCann, Inc. is today announcing a new platform for investors looking to get into the legal cannabis industry. “The Cannabis Investor Summit,” the brainchild of Eddie Miller, Lawrence Michelson and Boris Tsibelman, will showcase the investment opportunities and benefits of investing in the Cannabis industry with an emphasis on the transparency of a cloud-based environment.

Proof

Proof Is in the Pot: Legal Weed Gives Colorado Business a Boost

New Year’s Day 2014 was the first day Colorado allowed licensed vendors to sell marijuana to anyone 21 years or older, making buying a bag of pot virtually the same as buying a six-pack of beer. Just 24 hours later, the state’s retail marijuana shops, most of which are in the Denver area, surpassed an aggregate $1 million in sales.

Green Rush Opportunities

Seeing Green: Investors Eye the Legalized Marijuana Industry

Past and present, investors always have been looking to cash in on the next big thing. In 1849, prospectors flocked west for the California Gold Rush. Today, investors are flocking towards the legalized marijuana industry, which is being referred to as the “green rush.”


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