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Medical Marijuana Sales Decline Continues In Colorado As Recreational Weed Disrupts Market
Saturday, July 14, 2018 - 2:41pm | 428Medical marijuana sales continue to slide in Colorado. For the first half of 2018, revenue fell 21 percent year-over-year to $165.8 million. Recreational sales rose 14 percent to $573 million. Total combined sales rose by 4 percent to reach $739 million, versus $710 million in the first half...
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How Lossless Cannabis Activation Allows Users To Access All Of A Strain's Properties
Wednesday, July 11, 2018 - 4:37pm | 735Earlier this year, Benzinga published an article looking into ways of consuming cannabis that didn't involve smoking. such as vaporization, edibles, oils, tinctures and dabs. Even more options are emerging. The cannabis industry has evolved beyond simply eliminating the risks associated with...
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Cantor Fitzgerald Raises GW Pharma's Target To $235 Following Epidiolex Approval
Monday, June 25, 2018 - 3:57pm | 419The U.S. Food and Drug Administration on Monday announced the approval of GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH)’s cannabidiol-based Epidiolex for the treatment of two rare childhood-onset forms of epilepsy that are commonly treatment-resistant. “The acknowledgement by the FDA of...
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How Perpetually Sober KISS Co-Founder Gene Simmons Entered The Cannabis Business
Friday, June 15, 2018 - 12:42pm | 754If you encounter a cloud of pot smoke backstage at a KISS show, it isn't coming from the bassist's dressing room. Gene Simmons has abstained from drugs and alcohol in his more than four decades in KISS, unlike some of his bandmates. So it came as a surprise to many when ...
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From Undefeated UFC Champion To Cannabis Entrepreneur: The Frank Shamrock Story
Thursday, June 7, 2018 - 1:45pm | 556Frank Shamrock, the former undefeated UFC champion, made quite a name for himself and the mixed martial arts world in the 1990s. In recent times, it’s no longer sports that are attracting attention to his character. Instead, it’s cannabis where Shamrock is focused. So how does a high-...
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Cannabis Hedge Fund Managers On The Two Biggest Problems Marijuana Businesses Face
Friday, May 25, 2018 - 1:46pm | 668A few weeks ago, Benzinga had the chance to visit the offices of Poseidon Asset Management, a San Francisco-based cannabis-focused long/short hedge fund with more than $40 million in assets under management. Co-founder and managing partner Emily Paxhia mentioned and her brother and partner...
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How One Company Is Capitalizing On Cannabis Distillates' Surging Popularity
Monday, May 21, 2018 - 2:31pm | 779As Benzinga recently detailed, smoking is just one of many ways to consume cannabis. In fact, smoking is becoming less popular as other smokeless options continue to emerge. They include distillates, a kind of cannabis concentrate found in some vape pens or sold for use with dab rigs. Much has been...
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Marijuana In College: Why Universities Are Offering Cannabis-Focused Classes (And Where You Can Find Them)
Tuesday, May 15, 2018 - 12:05pm | 1090The legal cannabis industry is growing at an unprecedented pace. While estimates vary, U.S. sales in 2017 stood somewhere between $8.2 billion and $8.8 billion according to BDS Analytics. This figure is expected to surge to roughly $35 billion by 2022, GreenWave Advisors managing partner Matt...
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Why Cannabis Investors Are Eyeing South America
Thursday, May 3, 2018 - 1:42pm | 1987Almost every week, an American or Canadian cannabis company announces a large overseas investment. And it's no longer just Germany, Israel and Australia that are piquing investors’ interest. Emerging markets like Jamaica are also turning heads. The largest investment opportunities might...
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'Decriminalizing Cannabis Is Long Overdue': Politicians, Experts React To Chuck Schumer's Marijuana Bill
Friday, April 20, 2018 - 11:58am | 671April is shaping up to be a great month for marijuana. Last week, President Donald Trump announced the federal government would not interfere with states’ rights to decide their cannabis laws and former Speaker of the House John Boehner joined the board of directors of New York-based...
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Exclusive: MassRoots Files SEC Paperwork For Cannabis Industry-Focused Cryptocurrency
Tuesday, April 17, 2018 - 6:43pm | 631In an attempt to separate itself from the crowd and pivot toward a more profitable business model, cannabis media company MassRoots Inc (OTC: MSRT) has filed with the SEC to introduce a cryptocurrency. The digital currency is “aimed at encouraging key...
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Smoking Is Just One Way To Use Marijuana: An Introduction To Vaporizers, Edibles, Oils, Tinctures, Dabs And Other Cannabis Products
Friday, March 30, 2018 - 9:37am | 1571While reporting for a book on the cannabis business I recently finished writing, I realized many people don't differentiate smoking weed from using cannabis. “Isn’t it the same?” is the question I was asked far too often. The answer: certainly not. Smoking is just one of many...
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4-Time NBA Champion John Salley Talks About His Cannabis Ventures
Thursday, March 15, 2018 - 11:44am | 787Benzinga recently reported about numerous former football players getting involved with cannabis and CBD companies. Playboy featured testimonies from eight former NFL players who support cannabis and cannabis-derived therapeutics. But it's not just football players getting behind the herb....
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Investing In Marijuana: Cannabis Industry Gets $2 Billion In 60 Days
Monday, March 12, 2018 - 3:56pm | 815January was a great month for the cannabis industry, despite Attorney General Jeff Sessions’ decision to rescind the Cole Memo, an Obama-era memorandum that essentially protected state-legal cannabis businesses from federal prosecution. Marijuana companies received more than $1.2 billion in...
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Wonder Women Of Weed: Amanda Ostrowitz, From Federal Reserve Bank Regulator To Cannabis Compliance Entrepreneur
Wednesday, March 7, 2018 - 12:17pm | 958"Wonder Women Of Weed" is a bi-monthly show and column featuring accomplished female leaders in the cannabis industry, brought to you by a collaborative effort that includes Benzinga, Industry Power Women and Direct Cannabis Network. This week, we present CannaRegs...