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How Germany Can Enter The Adult-Use Cannabis Market Successfully
If politicians can set aside their differences to successfully pass German adult-use cannabis, Europe will become a competitive rival to the U.S. market within five years. By Michael Sassano, CEO of Somai Pharmaceuticals The new German coalition has indicated one of...
As Pennsylvania’s medical cannabis sales soar, recreational market prospects brighten
Investor report that the Pennsylvania medical marijuana market is expected to nearly double from $400 million-$500 million in sales this year. In fact, Cannabis the next three to four years sales are expected to grow to $1 billion in sales. Medical Marijuana business...
Story from Business Cannabis and Lending Firm Seeks SEC Permission to Raise $50M in Crypto Sale
The Chicago based Crypto firm; Ceres filed paperwork to build a “seed sale transaction network for cannabis on the blockchain. Ceres plans to use the dollar-backed stablecoin. Purchasing a token would represent an equity holding in the company, but the firm designed...
San Francisco Cannabis Pioneer SPARC Sees Opportunity in Wine Country
The Cannabis company SPARC is currently in the process of ramping up its cultivation and processing operations. Also, the company is looking towards increasing its retail footprint in California by applying for new retail dispensary licenses. SPARC is a vertically...
Illinois Sets New Cannabis Sales Record with $47.6M in June
Cannabis dispensaries in Illinois have set sales records in June. The rise in sales occurred despite the recent pandemic and cultivators struggling to meet the demand under current canopy restrictions. NBC Chicago reports Illinois record as $47.6 million in sales in...
Amazon Includes Cannabis Company In AWS Data Marketplace For First Time
Amazon Web Services has added its first cannabis analytics company, Enlighten Dispensary Solutions. The cannabis tech company offers marketing solutions for e-commerce platforms, inventory, and analytics for any and all cannabis-based businesses. When businesses use...
Shelf space at a premium as more brands enter cannabis space and retailers use pay-to-play practices
More and more brands are entering the marijuana products marketplace. The growing popularity has ramped up competition for retail shelf space in key adult-use markets such as Colorado and Washington state. According to the 2020 edition of the Marijuana Business...
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