Majority of Cannabis Businesses are Profitable
As the burgeoning Cannabis Industry continues to expand nationwide, it seems to be fostering mostly profitable businesses. Despite the myriad of regulations, legislative chaos, and continued federal government roadblocks, the majority of the businesses being started...The Federal Government Drops Case Against Harborside Health Center, The World’s Largest Dispensary
On May 3rd, the U.S. attorney’s office dropped a lawsuit filed against Harborside Health Center (HHC), the largest dispensary in California; that serves over 100,000 patients annually. This ends the 4-year legal battle that the Oakland dispensary has faced against the...Walgreens Crosses the Cannabis Rubicon
On April 26th, Walgreen’s posted a blog post on their Tumblr account titled “What is Medical Marijuana?” Dahlia Sulton, the author of the post graduated from the University of Chicago’s College of Pharmacy and is conducting her residency at a Chicago Walgreens. In the...Strategic Investors
In 2014, 68 companies raised $97.1 million in the cannabis industry. In 2015, that number grew to $215.2 million in 98 cannabis related businesses. During that time, cannabis consultanting companies have emerged to help entrepreneurs access capital and strategic...Top Investment Idea: Seed to Sale
There are over 2,500 cannabis-licensed businesses in the state of Colorado and all of them are required to have “Seed to Sale” tracking software. The state government mandates the usage of seed to sale software to ensure the government can track all cannabis from when...Massroots: Wait and See
Massroots (Ticker Symbol: MSRT) is a social media platform where users can share their cannabis experience, meet like-minded people in their area, and stay up to date with local dispensaries and businesses. On February 5th 2016, Massroots announced they had 775,000...GW Pharmaceutical Announces Positive Phase 3 Trials
GW Pharmaceuticals (GWPH) is currently up 100%+ following positive results from their Phase 3 trials for the treatment of Dravet syndrome, a highly treatment-resistant epileptic syndrome. This is the 1st of 2 Phase 3 trials being conducted by GW Pharmaceuticals for...An Undervalued Cannabis Company?
Aphria is 1 of 21 licensed producers authorized under the Marihuana for Medical Purposes (MMPR) that is able to both cultivate & sell cannabis in Canada. The firm has ~42,000 square feet of greenhouse cultivation space situated in Leamington, Ontario. Aphria is...GW Pharmaceutical’s Upcoming Catalysts
Its been a rough patch holding GW Pharmaceuticals (GWPH), or any biotech company for the last 7 months. Back in July 2015, the iShares NASDAQ Biotechnology Index (IBB), an ETF that holds a basket of all publicly traded biotech companies in the NASDAQ reached a high of...
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More Than One Way to Win in Cannabis