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U.S. Sales of Cannabis Projected to Reach $30 Billion by 2023 and $66.3 Billion by 2025

Policy / Legislature / By

Sales of legal cannabis in the U.S. amounted to nearly $10 billion in 2018. New Frontier Data’s Hemp Business Journal estimates that, in leading all hemp product categories, the hemp-derived CBD market was a $390 million-dollar market in 2018. The reports said that the cannabis market is expected to grow at a rate of 21% per year between now and 2021. This will …

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Corporate Booze Bosses Force Out Canopy Founder Linton

Business, Featured Homepage / By

BY DR. LLOYD COVENS “Entrepreneurs are not super-employable,” claimed Bruce Linton, just a few hours after getting fired at the company he founded.  “This is a big boys’ game,” noted Linton in his post-firing phone interview with CNBC’s Squawk on the Street, July 2nd, telling the network he still planned to hold on to his …

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Canopy Growth’s Domination Plan Aims for Acreage

Business, Featured Homepage / By

BY DR Lloyd Covens It is only a “right” to purchase–and it is predicated on US cannabis legalization by 2027– but Canada behemoth Canopy Growth Corp. made a $3.4Bill.  bid for Acreage Holdings, signaling its’ full-fledged US invasion.    With former Speaker John Boehner on its’ board, and an aggressive CEO in Kevin Murphy, Acreage is …

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