Category Archives: companies

Reddit Effect Takes Cannabis Stocks On A Wild Ride

Assets under management by pot-tracking ETFs are at an all-time high. Cannabis stocks are the latest to experience the often shortlived high provided by Reddit exposure. Social media has proved a powerful driver of retail sentiment so far this year, leaving investors and analysts to wonder which company might become the next GameStop. – Read […]

Short Documentary Offers Gripping Look At Racial Targeting And Cannabis

As more states continue to legalize, a disproportionate number of black Americans are still being arrested and incarcerated for minor cannabis offenses. It’s a maddening dichotomy addressed in a gripping new short film “Not Just Another Day,” set to receive a virtual world premiere at the San Luis Obispo International Film Festival this March. The […]

The Challenge Of Building Credit In The Cannabis Industry

Businesses need funding to grow. Securing funding isn’t as easy as a walk down to the local bank, however. To receive a loan or a line of credit, a business must demonstrate a financial history record that portrays how trustworthy it is with money. No one is going to lend to a stranger. So, how […]

Canadian Cannabis Stocks Pop On U.S. Legalization Push And Gamestop-Style Short Squeeze

Shares in a number of cannabis companies have been on fire this week. Shares in Canadian-based cannabis companies are surging this week partly because of a flurry of short sellers covering their bets against the stocks, right as U.S. lawmakers seem to be getting more serious about potentially legalizing the drug. Three of the four […]

Why Are Only 8% Of Cannabis CEOs Women?

The cannabis industry has a gender parity problem. According to a recent survey, California delivery app Eaze found that women accounted for 48% of new customers in 2020, up from 38% in 2018. Attracting female consumers has long been a yardstick for the industry to measure its progress towards mainstream acceptance. However, men continue to […]

World’s Most Advanced VR Cannabis Conference Focuses on Business & Wellness in Star-Studded Event Headlined by Snoop Dogg & Platinum Sponsor superbad inc., Dec. 15-17

Emerge to highlight new 3D virtual platform, innovative exhibits, keynote speakers, and Clio Cannabis Awards ceremony honoring Snoop Dogg, Berner, Run The Jewels, with special guests Steve DeAngelo and Jim Belushi. “Leveraging our connections in the technology sector, we wanted to create a next-level virtual event that not only unifies the industry through technology but […]

Cannabis Industry Gearing Up for Wave of Mergers and Acquisitions Amid Prospect of U.S. Legalization

A surge in pot demand in lockdowns has helped stock prices recover and raised prospects of funding for deals. After nearly a year of next-to-no deal-making, cannabis companies are gearing up for mergers and acquisitions as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by […]

The Cannabis Industry Needs Banking Now

The notion that cannabis may cure, treat or prevent COVID-19 makes some people roll their eyes. But the scientific uses of the cannabis plant do not surprise those of us who’ve worked in this industry for many years. And the scientific community appears to be gathering data supporting the notion that cannabis may be beneficial […]

Bigger Isn’t Always Better for Cannabis Companies Trying to Survive Pandemic

Cannabis companies are learning that to survive the pandemic, bigger isn’t necessarily better. Specialized operations and a narrow geographic footprint are buoying marijuana providers such as Trulieve Cannabis Corp. at a time when the broader industry is struggling with falling demand and capital constraints. That’s a shift from a few years ago, when exuberance in […]

Cannabis Industry Looking to Expand as Election Brings Prospect of Us Legalization

After nearly a year of next-to-no deal-making, cannabis companies are gearing up for mergers and acquisitions as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say. Profitable cannabis companies want to buy their way into niche segments […]