Chinese Look To Sell Directly To Cannabis Companies

The MJ Biz conference in Las Vegas, Nevada last week was the biggest yet. With over 700 vendors and thousands of attendees, it’s the largest cannabis conference in the country. The notable change this year was the heavy presence of Chinese manufacturers looking to cut out the American middlemen.

Much of the cannabis industry equipment is made in China, but there are many American companies that have made it their business to resell this hardware. It can certainly be easier for many American cannabis companies to work with a fellow American company and let them do the legwork of traveling to China to source the equipment. This year, it seems the Chinese are making the effort to go directly to the cannabis industry customers.

In addition to the large Chinese presence, there were quite a few Europeans and especially Germans walking the conference floor.

Debra Borchardt

Debra Borchardt is the CEO, Co-Founder, and Editor-In-Chief of GMR. She has covered the cannabis industry for several years at Forbes, Seeking Alpha and TheStreet. Prior to becoming a financial journalist, Debra was a Vice President at Bear Stearns where she held a Series 7 and Registered Investment Advisor license. Debra has a Masters degree in Business Journalism from New York University.


Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss This Week's Groundbreaking News

Join the thousands of subscribers who stay informed with GMR's exclusive news briefs delivered directly to your inbox every Friday afternoon.

We respect your privacy. See our privacy policy.


About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


READ MORE



Recent Tweets

@GreenMarketRpt – 2 days

Happy Friday! Marijuana Money July 23, 2021

@GreenMarketRpt – 4 days

RT : I spoke with to discuss cannabis stock options worth consideration, and why U.S. MSOs pique his interest…

Back to Top