Are Cryptocurrencies Going to Solve the Marijuana Industry’s Banking problem?

by:    Ali Porras

In the past few years, the rise of cryptocurrencies and the marijuana industry have made both controversial markets practically impossible to ignore. With the two most googled economic terms in Canada in 2017 being “marijuana stock” and “the price of bitcoin”, the widespread and continuously growing public interest is undeniable. Bitcoin particularly, has been on an epic rise, soaring more than 2000 percent in value within the 2017 year. Even British Columbia approved the first registered bitcoin fund manager in September 2017. In North America, marijuana sales totaled almost $7 billion in 2016, with a whopping 30% growth rate. To boot, North American sales are projected to top $20.2 billion by 2021. Now the question everyone wants to know: Will cryptocurrencies be a part of the solution for the Marijuana Industry’s banking issue? To comprehend the answer to this, you must first have a deeper understanding of both markets. Here’s what you need to know.

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5 Things to Expect in the 2018 Cannabis Industry

Things to Expect in the 2018 Cannabis Industry

by: Ali Porras

The time many of us have been anxiously waiting for is finally here. In 2018, we are on the frontline of a movement, and it all revolves around this little miracle plant we call Cannabis. Before Cannabis was given a bad reputation and criminalized in 1937, doctors and pharmacies used Cannabis to treat a wide spectrum of ailments from anxiety and depression to chronic pain, epilepsy, and cancer. Now that the medical need for Cannabis has become hard to deny, and as recreational use becomes more of a socially accepted norm, 2018 is going to be a year to remember. By 2020 it is expected that the weed industry will create an additional 350,000 jobs. Listed below are 5 things to expect in the 2018 Cannabis Industry:

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Why Women Entrepreneurs are Struggling in the Cannabis Industry

women in cannabis industry

by: Ali Porras

Starting a business in any industry is difficult. When it comes to the business in marijuana, it’s often easier for women to find connections offering to “smoke you out” rather than help you out. The year 2018 is upon us, and laws for women’s rights have been around for a while now, but sexism and inequality still linger heavily among us.

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Is It Too Late to Get Into the Green Rush?

Today, we will be talking to Michael Harnett, an Entrepreneur and Chief Business Catalyst. Michael is an advocate of the medical cannabis industry, and supports this growing sector by matching great businesses with capital or partnerships. Thanks for joining us today Michael! Everyone is interested in jumping on the cannabis investing bandwagon, the real question is, “Is it too late?” Continue reading “Is It Too Late to Get Into the Green Rush?”

Company Profiles – HempMed (MYM Nutraceuticals)

As part of our New Features section, we hope to give our readers a closer perspective into the Hemp and Cannabis industry by featuring new and upcoming companies. We will focus on giving you a snapshot of where that company is today and what they intend to do for future growth. This month’s inaugural Company Insight will look at HempMed (MYM Nutraceuticals).

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Creating Awareness with Michael Mayes

I was scrolling on my LinkedIn one morning, with coffee in hand and came across an interesting commentary. This caught my eye because it had to do with an advocate for medical cannabis and the debate became obviously heated. This exemplified some of the stigmas our industry faces today and led me to having a very interesting conversation with Michael Mayes, cannabis licensing consultant and CEO of Quantum 9. Continue reading “Creating Awareness with Michael Mayes”