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Thursday, March 01, 2018 5:33:42 PM
Spreading Legalization And Investor Appetite Could Ignite Cannabis M&A
"a 50-state solution is coming"
https://www.forbes.com/sites/mergermarket/2018/02/28/roll-ups-smoldering-in-us-cannabis-industry/#70acee689ac8
Investment In Marijuana Industry Has Grown 600 Percent so Far in 2018
"So much for concerns about a federal government crackdown. Viridian Capital President Scott Greiper spoke with Benzinga about data in the new report. There were 65 capital raises in the first five weeks of 2018, with an average size of about $19 million. Nine of them raised more than $50 million. The majority of the investments went to cultivation and retail operations. It’s happening in Canada, as well. Last year, companies anticipating the nationwide legalization of cannabis raised $2 billion. The country expects to make recreational marijuana legal this summer."
https://www.entrepreneur.com/article/309757
Double-Digit $ Billions Puts North America In The Worldwide Cannabis Market Lead
"The largest group of cannabis buyers will be in North America, going from $9.2 billion in 2017 to $47.3 billion a decade later."
https://www.forbes.com/sites/thomaspellechia/2018/03/01/double-digit-billions-puts-north-america-in-the-worldwide-cannabis-market-lead/#2cf0097c6510
Recent CBDS News
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