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U.S Marijuana Market: The Grass Is Getting Greener Projected Growth of U.S. recreational and medical marijuana sales (billiom U.S. dollars)
August 29, 2019
Shares of Massachusetts-based Curaleaf were headed higher on Wednesday despite turning in a mixed financial report for the second quarter. The company posted a wider than expected loss yet still saw its shares explode as much as 10% after the report. This is in comparison to another marijuana company called...
August 7, 2019
Canada-based marijuana cultivator Cronos Group has agreed to buy a a hemp producer that distributes CBD products in the United States. Cronos announced the news this past Friday, stating that it has agreed to purchase Redwood Holding Group for $300 million. The company produces CBD-infused products under the brand name...
June 5, 2019
According to the CEO of Brinks, Douglas Pertz, cannabis is going to be a booming industry on a global basis. He believes the industry will be worth $160 billion. Brinks provides cash and logistics services to marijuana producer Canopy Growth in Canada. In a one-on-one interview with “Mad Money” host...
January 13, 2019
Controversial or not, the marijuana boom is tough to ignore. For one, lawmakers in Kentucky and West Virginia are now considering full marijuana legalization. Lawmakers in Indiana, Missouri, Texas and Virginia could also soon vote on legalization bills that were recently introduced. Two, considering the sizable growth there are plenty...
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September 19, 2020