Deconstructed: Cannabis Banking Regulatory Environment

Deconstructed: Cannabis Banking Regulatory Environment

The legal US cannabis industry is poised to close 2017 at nearly $10 billion in revenue, a ~35% increase from ~$7 billion at the end of 2016. With over 40 countries currently pondering some form of decriminalization legislation and a US market expected to more than...
Cannabis: Flower Commoditization Valuation Impact

Cannabis: Flower Commoditization Valuation Impact

Investors with their sights focused on the cannabis space are often enamored with the lofty growth expectations rampantly reported by media. While the cannabis industry is certainly experiencing incredible and perhaps unprecedented growth, it behooves capital...
Cannabis: Alpha Through The Smoke

Cannabis: Alpha Through The Smoke

In the United States, retail cannabis is a $7 billion industry projected to approach $22 billion by 2021. The cannabis industry has over 12,000 licensed businesses, tens of thousands of unlicensed or ancillary businesses to support these, and at a 27% CAGR is doubling...
Cannabis: The Heart of Valuation

Cannabis: The Heart of Valuation

The perception of value sits at the center of any corporate transaction. The exchange of equity for cash must be balanced for a fair transaction to occur, and as a result there are a multitude of questions important to answer in advance of negotiations. Ultimately,...
Cannabis: A Marriage With Yoga

Cannabis: A Marriage With Yoga

The most ancient and sacred writings of India are represented by a collection of poems, hymns and ceremonial formulas represented in four books known as the Vedas. Created prior to 1,500 BC and containing astrological references over 8,500 years old, the Rig-Veda is...
Deconstructed: U.S. Cannabis Patent Landscape

Deconstructed: U.S. Cannabis Patent Landscape

While cannabis has remained federally illegal in the United States since the passage of the Marijuana Tax Act of 1937, The US Patent and Trademark Office has been issuing cannabis-related patents since 1942. The U.S. Department of Health and Human Services patented...