How CBD is poised to become the next “wonder drug”
Cannabidiol, popularly known as CBD is a drug that is a derivative of the cannabis plant and has become popular because of its therapeutic advantages. The market for CBD continues to grow with sales topping $820 million in 2017 alone. As it stands, the market for Cannabidiol products is... Read more
Financial benefits of legal cannabis taxation at the state and local level
Taxes and fees are revenue-raising devices to fund government; therefore, one key aspect of cannabis taxation is to collect revenues off the privilege to sell and consume marijuana. Legalization of marijuana has allowed state and local governments to do just that. As of 2018, twenty-nine states and the District... Read more
How technology is changing the budding cannabis industry
The legal cannabis market is estimated to be worth $145.4 billion by 2025, according to a report conducted by Grand View Research. This budding industry’s rampant growth is fueled by rising public attitudes towards cannabis consumption and new technology designed to create more ways to utilize cannabis aside from... Read more
How the November ballot could reshape the financial landscape of the marijuana industry
Marijuana legalization, whether medical or recreational, is a hot point of contention and discussion in the United States. Legalization of recreational marijuana will have major financial affects. Taxation and financial regulation aside, investment opportunities in marijuana capital will then become a reality and a major part of stock trading.... Read more
A quick overview of the medical benefits to cannabis
Despite its reputation, marijuana is not simply a recreational drug. It has many health benefits and is also becoming much more accepted in today’s society. Cannabis has been used for centuries for its medicinal properties. Cannabis is grown naturally and does not have the dangerous side effects that many... Read more
Marijuana Industry Growth Resembles the Dot Com Boom
Marijuana legalization has been a hot topic for the last decade. Pent up demand is being released as more states and nations rush to cash in on legalization. It has spread to so many states, that the industry is growing rapidly. Publicly traded corporations are sprouting everywhere. Bold investors... Read more
Lessons learned from Canada’s decriminalization of cannabis and what America could do differently
Canada is the first G20 nation to legalize recreational cannabis and medical marijuana on a national level. With Canada’s decriminalization of cannabis, the United States is provided with an unprecedented opportunity to study the effects of the Cannabis Act that recently passed in the Canadian Senate. Currently, medical marijuana... Read more
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