Cannabis 2.0 is producing a new set of industry leaders as regulations shift. Investopedia breaks down how last years crash in cannabis stocks occurred and how this year is nearing a complete 180. They also talk about this years popular cannabis stocks or the "U.S. Cannabis Fab Four". - Curaleaf ($165.4M pro-forma revenues; $28M adjusted EBITDA) - Green Thumb Industries ($119.6M revenues; $35.4M adjusted EBITDA) - Trulieve ($120.8M in revenues; $60.5M adjusted EBITDA) - Cresco ($94.3M revenues; $16.5M adjusted EBITDA) Trulieve is the only legal edible source at the moment in Florida : https://esteem.app/weedcash/@trichomesnetwork/first-marijuana-edibles-arrive-in-florida-doctors-say-to-go-easy Get the low down from Investopedia at : https://www.investopedia.com/the-fangification-of-cannabis-stocks-5078003 Image source : Pixabay.com
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9/17/2020 0 Comments Snoop Dogg On Plant-Based Foods, Investments, Cannabis, The Munchies, Martha Stewart - ForbesForbes talks with Snoop Dogg about his thoughts on the cannabis and CBD industry, plant based foods and their benefits, how he deals with the munchies, and his sis' Martha Stewart.
Get the low down from Forbes at : https://www.forbes.com/sites/javierhasse/2020/09/15/snoop-dogg-plant-based/#3ee842831a5b Image source : Pixabay.com 9/16/2020 0 Comments Many of California’s cannabis growers are uninsured, in the line of fire - San Francisco ChronicleThe massive wildfires in the West Coast of the United States has devastated communities, business, and ecosystems. One business that is often over looked in these disasters are the cannabis growers. Due to federal laws these companies are often uninsured. One collective, WAMM, the oldest in the country, has already lost an estimated $150,000 in crops. Get the low down from San Francisco Chronicle via MSN : https://www.msn.com/en-us/money/markets/many-of-california-e2-80-99s-cannabis-growers-are-uninsured-and-in-the-line-of-fire/ar-BB194D6X Image source : Pixabay.com 9/15/2020 0 Comments A Detailed Guide on How to Start a Profitable Cannabis Dispensary - Green StateGreen State offers a quick run down on how to start your own cannabis dispensary. Obviously cannabis being legal or not in your area will be the biggest determining factor.
https://www.greenstate.com/business/a-detailed-guide-on-how-to-start-a-profitable-cannabis-dispensary/ Image Source : Pixabay.com The soon-to-be released documentary CBD Nation puts a human face on medical cannabis.
(The film was released August 25th) The documentary CBD Nation attempts to educate the audience and the scientific community about the medical benefits of CBD. With so much confusion and myths surrounding the subject this documentary could be a big benefit to the medical cannabis community in general. Director David Jakubovic spent six months interviewing medical specialists and cannabis experts and patients to get a better understanding of this natural medicine. Get the low down from High Times : https://hightimes.com/culture/movies/filmmaker-documents-science-cannabis-cbd-nation/ The documentary is available from Amazon here : CBD Nation. Available on Bluray, DVD, and digital. Image source : Pixabay.com The first legal cannabis edibles have starting selling in Florida. For many of us in states like California this is not that big of a deal, but for a state that has been fighting hard for the right to make, consume, and sell these basic medicinal items, its a big deal and a big win. So far it appears its a bigger win for Trulieve, a dispensary chain in Florida, since at the moment they are the only ones offer legal edibles. Hopefully this changes and others, including "mom and pops", can soon sell their products.
Get the low down from ABC7 : https://abc-7.com/news/2020/09/03/first-marijuana-edibles-arrive-in-florida-doctors-say-to-go-easy/ Visit Trichomes Network on HIVE : https://esteem.app/@trichomesnetwork Facebook : https://www.facebook.com/Trichomes-Network-101442071715002 Image source : Pixabay 9/13/2020 0 Comments That Was Quick! Medical Marijuana Is Not Happening In Nebraska, For Now - ForbesThe Nebraska Supreme Court has decided that putting a vote on medical cannabis on the state's upcoming ballot is unconstitutional. This is after over 180,000 votes were collected to put it on the ballot in the first place. The proposal would had allowed the growing, selling, and consumption of medical cannabis. Many of us are already calling "total bullshit" on this.
Their reasoning was based on Nebraska's "single subject rule" "which bans multiple issues into yes-or-no questions for voters to address". The court said they thought voters should vote on allowing medical marijuana before other issues on the subject. The problem here is that growing, selling, and consuming are all part of medical cannabis as a whole. It is one subject. Stay strong Nebraska. Keep up the fight for legal cannabis. Get the low down from Forbes : https://www.forbes.com/sites/nikkifrias/2020/09/12/that-was-quick-medical-marijuana-is-not-happening-in-nebraska-for-now/#618f46415ee6 Visit Trichomes Network on HIVE : https://esteem.app/@trichomesnetwork Facebook : https://www.facebook.com/Trichomes-Network-101442071715002 Image source : Pixabay 9/13/2020 0 Comments How a local dispensary turned Weed, California, into a cannabis destination - USA TodayTo be clear, Weed, California was already a weed destination. Now its a more popular destination.
The cannabis dispensary, La Florista, is helping the little town in Northern California become a bigger tourist destination and helping the locals with their natural medicine needs. Get the low down at from USA Today : https://www.usatoday.com/story/sponsor-story/la-florista/2020/08/31/how-local-dispensary-turned-weed-california-into-cannabis-destination/5656365002/ Visit Trichomes Network on HIVE : https://esteem.app/@trichomesnetwork Facebook : https://www.facebook.com/Trichomes-Network-101442071715002 Image source : Pixabay Stifel analyst Andrew Carter is recommending GrowGeneration (GRWG) stocks. They think it could hit $22 and is currently around $16.
GrowGeneration (GRWG) is a hydroponics chain store. The hydroponics industry is expected to reach $20 billion by 2030. A big benefit of investing in cannabis hydroponics is that the technology is also used for many other plants.. Get the low down at : https://realmoney.thestreet.com/investing/cannabis/growgeneration-on-a-tear-as-the-cannabis-field-expands-15410700 Image sourced : Pixabay |
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