A new report by ArcView shows that branding will be key for edible makers.
It looks like the Marlboro Man may soon be into weed: Tobacco company Altria Group is reportedly considering buying a stake in Canadian cannabis producer Aphria.
A new report by ArcView shows that branding will be key for edible makers.
It looks like the Marlboro Man may soon be into weed: Tobacco company Altria Group is reportedly considering buying a stake in Canadian cannabis producer Aphria.
MedMen, one of the most recognizable brands in the rapidly expanding cannabis industry, acquired the medical marijuana dispensary chain PharmaCann in a $682 million all-stock transaction.
Walmart Inc.’s Canadian arm has been investigating the possibility of selling cannabis-based products but doesn’t intend to get into the much-hyped business yet.
“As the stigma around cannabis lessens, we have focused on a singular goal of ‘mainstreaming marijuana.'"
The global legal marijuana industry is projected to top $20 billion by 2025, writes market research firm CB Insights. And that has unleashed a slew of potential disruptors.
The legal-cannabis trend is about to take on a Continental flavor, according to executives with some of the biggest marijuana companies in Canada.
PepsiCo is taking a hard look at the cannabis industry as other beverage makers explore the market.
If you want to know what the latest cannabis trends are on the West Coast, look no further than the Hall of Flowers.
Drinks infused with marijuana-derived compounds could swell to become a $600 million market in the U.S. within the next four years, outpacing the growth of other categories of retail cannabis products, according to analysts at Canaccord Genuity.
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