The Talking Hedge

The total U.S. economic impact from marijuana sales in 2021 is expected to reach $92 billion – up more than 30% from last year – and upwards of $160 billion in 2025, according to analysis from the newly published #MJBizFactbook. For every $1 consumers and patients spend at retail locations, an additional $2.50 will be injected into the economy, much of it at the local level. That impact comes dire...

The new bill introduced into the House of Representatives aims to stop treating people suffering from drug abuse disorders as criminals, but rather introduce them into the healthcare system. The measure not only aims to eliminate criminal penalties for drug use and possession but is geared towards shifting the perception around drug abuse, moving it from a law enforcement problem to a public healt...

Alvaro Torres is an entrepreneur and executive with over 15 years of experience in the Latin American market, including infrastructure projects and project finance, management strategy, team development, and mergers and acquisitions. He's overseen the development of projects totaling over $1 billion in capital expenditure, including the development and construction of Colombia’s tallest skyscraper...

Sales across North America were dominated by California (again), pulling in a whopping $429.7MM last month while CO, WA, ORIL, MA, & MI all came in over $100MM each. Ontario's YOY sales growth was an astounding 326%, while the West Coast was all under 10% (CA 9%, OR 8%, CO 4%, WA 0.8%). Although the number of transactions continue to increase, the average amount customers are spending is decreasin...

The Green New Deal and Vanadium batteries could produce 100% carbon-free electricity by 2035 Summary *Global renewable energy regulations creating an increased demand for energy storage. *Largo Resources is a vertically integrated vanadium company focused on the advancement of renewable energy storage solutions. *CEO Paulo Misk talks competing with Elon Musk and Tesla on home energy storage and ba...

There were three fewer capital raises and a $319.2 million lower volume this week than in the prior week. The average deal size was $19.6 million this week vs. $7.1 million in the same week last year. Total capital raised YTD in 2021 is approximately $262M lower than the same period in 2019. Cap Raises by Sector: *One of the companies came from the Cultivation & Retail sector *The other came from...

The US CBD market was not immune to the economic impacts of the pandemic. CBD brand strategy was upended by store closures, changes in consumer needs, and drops in the price of CBD. The industry has been rebounding ever since its fall in Q2 2020, but the landscape looks much different than before. The brands that focused on boosting their ecommerce have proven to be the most successful. Increased...

Cannabis stocks have retraced much of their gains for the year, Viridian Capital believes we are likely to see a higher ratio of cash employed in acquisitions as MSOs become more conscious of dilution. They also expect to see a higher percentage of capital raises from debt. Only 4% of the $6.1 billion cultivation & retail sector acquisitions was paid in cash, down from an average of 13% over the p...

In 2018, Jim Cacioppo collaborated with fellow cannabis and finance experts to create Jushi Holdings with the ambition to be a leading multi-state owner and operator of cannabis licenses. Today, Jushi’s operations have grown rapidly with new cultivation, manufacturing and retail licenses across the United States. Jushi's cultivation has a scalable infrastructure allowing them to meet the increasin...

Puerto Rico has been working hard to bring new businesses and high net worth individuals to the island, and as a territory, they’re offering tax deals to US citizens that can’t be matched by any foreign country. Puerto Rico is a U.S. territory and Puerto Ricans are American citizens but don’t have congressional representation and do not vote in federal elections. And since there can be no taxation...

It turns out there are some healthy, and growing, medical marijuana markets outside the United States and Canada—assuming you can look past the cannabis industry fan fiction. What follows is a list of five of our top markets where revenue opportunities exist today. Germany Israel Italy Australia Brazil Show Notes: Top international cannabis opportunities https://mjbizdaily.com/top-international-mm...

Many marijuana businesses were just starting to open lounges and tasting rooms where their customers could enjoy the products they purchased when the coronavirus pandemic struck a year ago, forcing those plans to be put on hold. Legal and regulatory issues also have presented hurdles in some states like Washington State where it's a class-c felony to "maintain or operate a marijuana lounge." The f...

The Pelorus Fund is an investment vehicle that makes real estate loans on commercial properties with cannabis-related business operators as tenants. The Fund, secured by 1st lien real estate loans, has a target yield of 15% with monthly distributions. All of The Pelorus Fund investments are conservatively underwritten and vigorously vetted. Summary: *Top level on cannabis-use real estate bridge le...

Show Notes: Custom Cannabis Pitch Deck Package Includes: 15 slide pitch deck Complete explanation of each slide Created by legal and financial Subject Matter Experts in the cannabis industry. Complete & customizable pitch deck Hours of content explaining how to customize pitch deck for your team 3 hours of Josh Kincaid’s time 3 hours of Tom Howard’s time Customized pitch deck for your Team in a fe...

Stay tuned for the 2nd half when we discuss the advantages of doing business in Puerto Rico! This U.S. territory is offering tax deals to American citizens that can’t be matched by any foreign country (legally). This makes Puerto Rico the only place in the world where U.S. citizens can avoid paying overburdening federal income taxes. At C3 we recently launched a cryptocurrency fund with the follow...

Summary *Rosecliff Acquisition CEO Mike Murphy joins us to discuss why chasing FOMO is a great way to lose money and what investors should be looking for in a SPAC. *How the SEC has reacted to the saturated SPAC market. *Lessons from other SPACs. Upcoming disruptive trends. Show Notes: Rosecliff Acquisition CEO Mike Murphy - There Is No SPAC Bubble https://seekingalpha.com/article/4432355-roseclif...

The graph shows total equity capital raised by private companies (green bar) as a % of total equity raises during the first 20 weeks of each year. The orange line shows the average private equity deal size. Private companies account for less than 1/2 as much of dollars raised YTD in 2021 than they did in the same period in 2018. The credit crunch that began in the last half of 2019 has substantial...

Andrew was an early investor in 4Front, joining the company full time in 2014. He brings to the team a wealth of financial-management experience and business acumen having previously served as managing director of the BlackRock Small Cap Growth Fund at BlackRock Advisors LLC. During his 11-year involvement, the $2 billion fund ranked in the top five percent of all domestic small cap growth funds....

Here’s what you need to know! Missouri lawyer, Dan Viets, stops by to explain new gun rights for medical marijuana patients as we cannabis legalization news with host Tom Howard. Tom Howard~ host of Cannabis Legalization News https://www.youtube.com/cannabislegalizationnews Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/joshkincaid/ Epis...

Show Notes: Custom Cannabis Pitch Deck Package Includes: 15 slide pitch deck Complete explanation of each slide Created by legal and financial Subject Matter Experts in the cannabis industry. Complete & customizable pitch deck Hours of content explaining how to customize pitch deck for your team 3 hours of Josh Kincaid’s time 3 hours of Tom Howard’s time Customized pitch deck for your Team in a fe...

Summary: *Flora Growth is the first plant touching cannabis company to IPO via direct listing on Nasdaq. *CEO Luis Merchan joins us to discuss Colombia's advantages of cost-effectiveness and experience with growing and exporting commodities. *Cannabis companies are ready to go from regional players to global players. Different barriers of entry across different sectors. 95% of Flora Growth (NASDAQ...

The Wm. Wrigley Jr. Co., owned by the candy behemoth Mars Inc., filed a lawsuit in May against five companies for selling cannabis-infused edibles that look like Skittles, Starburst and Life Savers. Although the suit focuses on intellectual property rights, the plaintiffs also argue that the copycat products could lead people, particularly children, to mistakenly ingest drugs. A spokeswoman for Ma...

Delta-8 is a variant of the delta-9-THC cannabinoid that everyone is familiar with. Though still psychoactive, delta-8 is reportedly less potent than delta-9. This makes it attractive to consumers who want less of an edge from their high. But unlike delta-9, delta-8 is being sold in CBD-friendly channels like vape shops and specialty retailers. This appeals to consumers in states without legal adu...

Washington’s weed industry is owned overwhelmingly by white people, but that shouldn’t surprise anyone who has been paying attention—the industry was designed that way. Unlike other states with MMJ and legal marijuana, Washington’s government has never even attempted to boost diversity in cannabis with any social equity programs. Seven years after legal pot first went on sale, lawmakers and the st...

Two Republican congressmen in the U.S. House of Representatives have introduced a bill that would legalize marijuana federally in a manner similar to alcohol. The measure would remove marijuana from the federal Controlled Substances Act, provide explicit banking protections for the cannabis industry, allow military veterans access to state-legal MJ programs and expand research. The new Congress, s...