At LA Cannabis Conference, Investors Talk Canopy, Acreage, and the Double-Edged Sword of Prohibition
Since California legalized, the US has seen an “incredible explosion of interest in the sector—not just from Canadian investors, but from investors around the world,” the CEO of Canadian Securities Exchange said.
Minority Cannabis Business Association says the city’s position as one of the largest cannabis markets means its “programs and market rollouts will likely be adopted by others in the industry.”
“In 5 years, cannabis probably will be federally legal, so we really need to be in a place where we can get a headstart,” said Joe Segilia, General Counsel, Terra Tech Corp.
The landscape of cannabis patents and trademarks is shifting, and hemp legalization via the Farm Bill adds a new wrinkle.
Hindered by a lack of access to loans and banking services, owners hope for help from the Small Business Administration.
UPDATED: Some of North America’s Largest Cannabis Companies Are Releasing Earnings This Week. Here Are the Highlights.
Companies include Curaleaf Holdings, GTI, Acreage Holdings, Cresco Labs, and MedMen.
It’s more of an engagement and publicity stunt, but this one calls for ice cream fans to contact the FDA in support of CBD.
“The largest speculative investment boom in the history of humankind is going to occur in this space, in this country.”
“Take advantage of one of the most radical and important changes in tax legislation in decades,” a Las Vegas Expo program, which includes the cannabis industry, reads.
Jumoke Akinnagbe says she is owed promised compensation for helping a medical cannabis company launch in Maryland.
Mainstream banks like Wells Fargo and Citigroup added a cannabis banking measure to their first quarter lobbying report.
Transparency varies widely from state to state, Cannabis Wire finds, reflecting underlying conflicts in an emerging industry.
“Money is still being transported around in buckets and being buried in backyards. And honestly, that’s where we felt there is more risk,” said the general counsel for Golden Bear Insurance Company.
Fox, who is now the director of a Canadian cannabis company in Colombia, shared his thoughts on the future of the cannabis industry in the Americas.
As legislative priorities shift, what is gained? And what is lost?
Cannabis companies are increasingly lobbying and handing out campaign contributions on both sides of the aisle.