It’s been 20 years since medical cannabis was first legalized in California, but due to the recent unprecedented growth geographically and monetarily the phenomenon of legalization still seems brand new. In a lot of ways the industry IS brand new compared to those early days on the West Coast.
Read MoreCannabis is big business in Colorado, to the tune of $996 million in sales in 2015. In August of last year, after steadily increasing month-over-month sales, the state surpassed $100 million in monthly sales for the first time. This sales total in Colorado was a 42% increase over 2014, and in the industry as a whole 2014 was a 74% increase over 2013.
Read MoreSupport for legalizing medical cannabis in the bellwether states of Florida, Ohio, and Pennsylvania is at or near 90%, according to a Quinnipiac poll released on October 8.
Read MoreThere are tremendous opportunities to be had in the legal cannabis industry. If you’re reading this then you’ve probably seen the numbers: $2.7 billion market value in 2015 behind 74% growth in 2014 with an ancillary market that could be three times the size of the market of the plant itself.
Read MoreMarijuana-focused investment firm Salveo Capital is hosting two lunch seminars for people interested in learning about the current state of the legal cannabis industry. The events will take place…
Read MoreSalveo Capital hosted its first Marijuana Investment Summit last Wednesday in Chicago. A packed room of curious individuals spent the day learning about the potential opportunities and potential pitfalls of investing in the legal cannabis industry.
Read MoreAlex Thiersch, one of Salveo Capital's managing principals, will be speaking at the Cannabis World Congress & Business Exposition in Los Angeles on September 18. His talk, “Branching Out From Counterculture,” will focus on why and how the cannabis industry should move into the mainstream.
Read MoreNow that cannabis is legal in nearly half of the U.S, American cannabis companies are facing something they’ve never had to face before: creating memorable and lasting brand identities. Legalization has created a need for brands for the first time among companies that produce, process, and sell cannabis and the green boom has birthed countless ancillary businesses focused on the cannabis space.
Read MoreWhile the common idea of a marijuana consumer is the stereotypical stoner – young, unattached, irresponsible – the spread of legalization combined with recent medical research has led to a greying of the traditional cannabis demographics.
Read MoreThe Salveo Capital Marijuana Investment Summit will provide attendees with the knowledge to confidently invest in the next great American industry.
Read MoreLegal medical cannabis has come a long way since California first legalized it in 1996. Today, 23 states and the District of Columbia allow cannabis to be used medically in some form with additional states on the brink, and medical cannabis enjoys an 80% approval rating in swing states.
Read MoreLegal marijuana is the fastest growing industry in the United States and is a market already valued in the billions. Despite this incredible growth there are still a number of concerns for entrepreneurs and investors interested in entering the space. These are the five biggest issues facing businesses in the cannabis sector.
Read MoreMarijuana legalization has been a big topic in news and politics over the last couple of years. Medical cannabis is legal in twenty-three states and enjoys an over 80% approval rate in swing states. Four states and the District of Columbia have legalized full, regulated adult use of marijuana with several more scheduled for ballot initiatives fully legalizing in the next couple of years, and in 2014 for the first time a majority of Americans approved of full legalization of marijuana.
Read MoreCannabis-focused private equity firm Salveo Capital has joined the ranks of The ArcView Investor Network. The ArcView Group has been a powerful presence in the marijuana industry from providing detailed market research to advocacy to pairing great ideas with the funding to make those ideas reality.
Read MoreSalveo Capital is sponsoring Americans for Safe Access, a nationwide medical cannabis organization that focuses on patient education and patients’ rights. The company appreciates the work that ASA has done aiding patients across the country, and supports ASA’s goals of ensuring access to cannabis for therapeutic uses and research.
Read MoreIn a lot of different ways legal cannabis is one of the sexiest topics of conversation today. From the potential medical breakthroughs to the astronomical growth of revenue in the last few years to legalization campaigns spreading across the country, legal marijuana is a hot topic in media, around office water coolers, and in all corners of the blogosphere. In conversational terms it’s the exact opposite of taxes, which nobody ever wants to talk about unless they are absolutely forced to. The current tax code, however, is one of the more significant hurdles faced by cannabusinesses that touch the plant, such as cultivators, dispensaries, and extraction/infusion kitchens.
Read MoreAt 8pm EST next Thursday the Tampa Bay Buccaneers will make the first selection in the 2015 NFL Draft. As we prepare to tune in to the beginnings of what will be, for some, the realization of lifelong dreams let’s also consider those men for whom those dreams are a memory. Let’s think of the retired players, years removed from the gridiron, whose bodies are beginning to feel the pull of age, and the physical punishment that was the cost of entry to football’s biggest stage.
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