Green Market Report Archives - Green Market Report

AxisWireAxisWireMay 27, 2020
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5min2770
New York City – May 27, 2020 /AxisWire/ The Green Market Report (GMR), the cannabis industry’s source for credible in-depth financial reporting, announced that it has become a media source for QuoteMedia, the leading financial news feed. Companies like NASDAQ, the Toronto Stock Exchange, and US Bank use QuoteMedia to provide readers with the latest in stock news.
QuoteMedia’s array of services benefit clients with an exceptional number of strong technical differentiators in embedded, fully private-labeled, and seamlessly integrated environments. Through the aggregation of financial data, news, and research sources, QuoteMedia has become a comprehensive solution for stock market-related information provisioning.

“We have always believed that the Green Market Report creates the best cannabis company financial news content,” said Green Market Media co-founder and CEO Debra Borchardt. “Now our stories will be available to a larger audience of investors interested in the most credible and trusted financial news.”Green Market Report has published over 2500 original articles since launching its website in 2017 and is consistently listed as one of the leading cannabis news websites. CEO and Editor-in-Chief Debra Borchardt is considered the top cannabis business journalist in the industry.

To facilitate effective information delivery, QuoteMedia has created an advanced, scalable model that aggregates, manages, and streams information to multiple entities, from the major exchanges in the US, Canada, and Europe, and from many other market content suppliers. This allows corporate clients as well as their customers to license comprehensive financial market information and software applications for significantly reduced costs compared to the expensive and outdated infrastructures from other providers.

About Green Market Report:
The Green Market Report (GMR) is headquartered in the Financial District of New York City with an office in Los Angeles. GMR is poised to be the center for trustworthy business, financial and economic news and intelligence. The site offers coverage on financial matters including news briefs on business, cultivation, and extraction, cannabis company stock prices, and wholesale cannabis pricing. For more information, please visit www.greenmarketreport.comor email info@greenmarketreport.com. Follow us on Facebook, Instagram and Twitter @GreenMarketRpt.

About QuoteMedia:

QuoteMedia (OTCQB: QMCI) is a leading software developer and cloud-based syndicator of financial market information and streaming financial data solutions to media, corporations, online brokerages, and financial services companies. The Company licenses interactive stock research tools such as streaming real-time quotes, market research, news, charting, option chains, filings, corporate financials, insider reports, market indices, portfolio management systems, and data feeds. QuoteMedia provides data and services for companies such as the NASDAQ Stock Exchange, TMX Group (TSX Stock Exchange), Canadian Securities Exchange (CSE), FIS, U.S. Bank, Broadridge Financial Systems, Ridge Clearing, JPMorgan Chase, CI Financial, JitneyTrade, Hilltop Securities, HD Vest, Intrinsic Research Systems, Stockhouse, Zacks Investment Research, General Electric, Boeing, Bombardier, Business Wire, PR Newswire, FolioFN, Regal Securities, ChoiceTrade, Cetera Financial Group, Dynamic Trend, Inc., Qtrade Financial, CNW Group, Industrial Alliance, Ally Invest, Inc., Suncor, Virtual Brokers, Equities.com, Leede Jones Gable, Firstrade Securities, Motif Investing, First Financial, Cirano, Equisolve, Stock-Trak, Mergent, SNN Incorporated and others. Quotestream®, QModTM and Quotestream ConnectTM are trademarks of QuoteMedia. For more information, please visit www.quotemedia.com.

MediaInquiries

Cynthia Salarizadeh

Cynthia@salarmediagroup.com

(856) 425-6160


AxisWireAxisWireMay 15, 2020
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5min2670

New York City – May 15, 2020 /AxisWire/ AxisWire, the first newswire distribution service and digital PR tech-suite dedicated solely to the cannabis industry, and Green Market Report (GMR), the cannabis industry’s source for credible in-depth financial reporting, have announced The State of Cannabis Media 2020 virtual conference. The event will take place online Tuesday, May 19th at 1 pm EST. 

Tickets are limited, but the event will be live-streamed on GMR social media and will also be shared on the GMR news site following the event.

This free virtual conference will be open to the public and will address the current state of affairs for companies who would like to understand how to utilize digital communications, PR, and media to advance their messages in a time when no events can support or promote cannabis brands. 

“Events were the main source of exposure for cannabis brands as advertising remains largely off-limits to our industry,” explained AxisWire & Green Market Report co-founder Cynthia Salarizadeh. “When this pandemic took over, it left our industry and most cannabis brands who do not have the support of a public relations firm without many options. We felt the best way for us to provide some guidance was to create a free virtual event where brands can hear directly from journalists and PR professionals about how to navigate during these times.”

The panelists include the top cannabis journalists from Business Insider, Adweek, Forbes, Benzinga, Marijuana Business Daily, High Times, El Planteo, and the author of The New Chardonnay as well as the CEO’s and Managing Partners of Mattio Communications, GVM Communications and KCSA Strategic Communications. 

1:00-1:05 Introduction

1:05-1:10 State of Journalism 

1:10-1:25 State of Public Relations for Cannabis 

1:25-1:35 Suggested Avenues for Brands on a Budget 

1:35-1:50 Story Focus During A Pandemic 

1:50-1:55 Prioritizing Cannabis Stories 

1:55-2:00 Closing Remarks

“Online screen time has increased as many of us are in various states of lockdown, which has increased the demand for content. Unfortunately, media companies have been forced to scale back as a result of the pandemic creating huge disruption in the supply and demand for news,” said Green Market Report CEO and Co-founder Debra Borchardt. “We believed that an event like this was needed as we all pivot and adapt to a new normal in the cannabis industry. We are stronger together.” 

About AxisWire:

AxisWire, headquartered in Los Angeles, is the industry’s first tech platform designed for cannabis entrepreneurs to expose their brands and cannabis journalists to seek out breaking stories. The platform provides a newswire distribution and PR tech suite of services including press release distribution, press release writing, consulting and compliance services. AxisWire also features the STAR Source Locator specific to the cannabis industry to assist in facilitating story development between journalists and brands. For more information, please visit axiswire.com. Follow us on social media @AxisWire.

About Green Market Report:

The Green Market Report (GMR) is headquartered in the Financial District of New York City with an office in Los Angeles. GMR is poised to be the center for trustworthy business, financial and economic news and intelligence. The site offers coverage on financial matters including news briefs on business, cultivation, and extraction, cannabis company stock prices, and wholesale cannabis pricing. For more information, please visit www.greenmarketreport.com or email info@greenmarketreport.com. Follow us on Facebook, Instagram and Twitter @GreenMarketRpt.

 


StaffStaffFebruary 5, 2019
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6min7760

Cannabis Stocks Follow Broader Market Selloff As Q4 Index Falls 33%

New York City – February 5, 2018 /AxisWire/ The Green Market Report (GMR), the cannabis industry’s most trusted source for credible in-depth financial and economic reporting, today released its 2018 Cannabis Company Index Q4 Summary Report. The report can be downloaded at GreenMarketReport.com/Reports.

The GMR Index follows the trading activity of 30 selected public cannabis companies that denote market dominance. After rising 56% in the third quarter, on a plethora of good news, the Index plunged 33% along with the broader market in general which saw stocks give back most of the year’s gains. The S&P 500 fell 13.9%, while the Horizons Marijuana Life Sciences ETF (HMMJ) declined by 39% in the fourth quarter. The GMR Index managed to gain 5.5% for the entire year, while the HMMJ actually dropped 19% for the year .

In Q2, investors felt that the risk to investing in cannabis had been tempered once it was clear that the DOJ was more talk than action when it came to punishing those in the cannabis industry. In addition, conservative Republicans at both the federal and state level began to demonstrate a willingness to shift away from their hardline anti-cannabis stances of the past and confirmed a willingness to discuss a pathway towards legalization.

History continued to be made in the cannabis industry during the last quarter. On October 17, Canada began the first day for sales of adult use cannabis in Canada – making 1017 the new 420. The mid-term elections in the U.S. were the next big event for the quarter. More states legalized cannabis in this year’s midterm elections in November, with Michigan becoming the latest one to legalize adult-use cannabis. Missouri and Utah both approved medical cannabis. If that wasn’t enough for the industry to cheer about, in December lawmakers in D.C. passed the 2018 Farm Bill, which included an amendment legalizing hemp.

“The fourth quarter of 2018 was very challenging for cannabis industry stocks as share prices plunged as stocks in general entered bear market territory. Legalization of hemp in December set the stage for a recovery as cannabis stocks have mostly moved higher in the early days of 2019 ,” stated Debra Borchardt, CEO of Green Market Report.

The best performing stock in the GMR Index was Charlotte’s Web Holdings which managed to end the quarter neither gaining or losing. Remaining flat was a huge accomplishment.  The company stands to benefit greatly from the legalization of hemp and hemp-derived CBD products.

The biggest loser in the GMR Index was The Green Organic Dutchman with a loss of 64% in its share price. TGOD is behind many of its peers with regards to having product available for the newly legal adult market Canada.

Consolidation continues to force the Index to make adjustments, but the choice of stellar companies as replacements make the changes very easy. MPX Bioceuticals and Emblem Corp. were both removed due to impending acquisitions.

The Index decided to add Acreage Holdings Inc. as that company continues to add to its portfolio and now has a presence in 19 states. iAnthus is acquiring MPX Bioceutical and is also getting added to the Index. While the Index was sad to let MPX go, the substitution is just as strong.  Cresco Labs is added as this multi-state operator focuses on markets with high barriers of entry. Finally, Florida-based Trulieve was added as the company continues to report increasing revenues and has embarked on an expansion strategy outside of the state.

“Looking ahead to 2019, we expect to see the industry adjust to the legalization of hemp and what that means for hemp-derived CBD products,” added Borchardt. “We expect the industry will experience more consolidation and even more cannabis companies to become publicly traded stocks.”

About Green Market Report:

The Green Market Report (GMR) is headquartered in New York City with an office in Los Angeles. GMR is poised to be the center for trustworthy business, financial and economic news and intelligence. The site offers coverage on financial matters including news briefs on business, cultivation, and extraction, cannabis company stock prices, and wholesale cannabis pricing. For more information, please visit www.greenmarketreport.com or email info@greenmarketreport.com. Follow us on Facebook, Instagram and Twitter @GreenMarketRpt.

Communications Contact:

Cynthia Salarizadeh

KCSA Strategic Communications

856-425-6160

cynthia@kcsa.com

 

 


StaffStaffNovember 19, 2018
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5min11060

MANNADA LLC, PRODUCERS OF THE CANNABIS LAW SUMMIT, TO HOST JOURNALISTS, PUBLICISTS, SOCIAL MEDIA MARKETING AND BRAND LEADERS AT INAUGURAL EAST COAST EVENT ON DECEMBER 7, 2018 IN NYC

BOSTON GLOBE, HIGH TIMES, DOPE MAGAZINE, MARIJUANA TODAY, WORD ON THE TREE, ESTROHAZE, GREEN MARKET REPORT, AND MARY MAGAZINE REPRESENTED AMONG PANELISTS AND PRESENTERS

MASSACHUSETTS CANNABIS CONTROL COMMISSIONER SHALEEN TITLE TO DISCUSS SOCIAL MEDIA MESSAGING

NEW YORK, NY – November 19, 2018 /AxisWire/ As statewide medical marijuana and adult-use laws spread throughout the country, media outlets, from mainstream to cannabis-specific, are grappling with the growing demand for cannabis-related reporting and content. Produced by Mannada, LLC, a women of color-owned professional event production company serving the cannabis industry, the Cannabis Media Summit, will examine media interest in cannabis on Friday, December 7, 2018 from 9:00 am – 5:30 pm in Times Square, New York City. The day-long event will bring together media professionals, journalists and thought leaders in the emerging cannabis journalism space to share best practices, challenges, tips and trends in this new area of reporting.

“During our inaugural Cannabis Law Summit earlier this year, I was approached by several journalists who identified a need for programming to address cannabis media coverage,” said Mannada Founder Kristin Jordan. “As a professional event production company serving the cannabis industry, we understand how media perception is so important to legalization and regulatory efforts.” High NY, Word on the Tree, Duane Morris, LLP and Tracey Henry Consulting/THC are among the event’s sponsors. Mannada plans to bring a similar event on the West Coast in 2019.

The Cannabis Media Summit will feature panel discussions on such topics as “Starting a Cannabis Media Company,” “Ethics in Cannabis Reporting” and “Using Media for Effective Communication,” as well as discussion on cannabis-specific issues in financial pitching and reporting, podcasting, social media messaging, and more. Program highlights include a talk from Dan Adams, the Boston Globe’s first dedicated cannabis reporter on what it takes for journalists to work the cannabis beat, and insights from Massachusetts Cannabis Control Commissioner Shaleen Title and High NY’s Michael Zaytsev on messaging through social media.

Don’t miss “High Times + Dope: The Acquisition,” where Dope Magazine’s founder Dave Tran and High Times Group’s lead investor Adam Levin will speak publicly with Word on the Tree editor Mona Zhang for the first time about the deal that sent shockwaves throughout the cannabis and publishing worlds.

“I am incredibly honored to participate in the first ever conference specifically addressing media and cannabis,” said Dope Magazine founder Dave Tran. “As the founder of a startup cannabis media company recently acquired by a major industry leader, I believe it is important to share our story with others who are shaping the future of cannabis journalism.”

Cannabis Media Summit panelists and presenters are among the pioneers of canna-journalism and public relations – including Shea Gunter of Marijuana Today, Debra Borchardt of Green Market Report, Sirita Wright of Estrohaze and Adrian Farquharson of Fresh Media Inc (MARY Magazine); KCSA Publicity’s Cynthia Salarizadeh and Lewis Goldberg; and notable writers Sara Brittany Somerset, Janet Burns and Madison Margolin, to name a few.

The Cannabis Law Summit will be held at the offices of Duane Morris, LLP, which is located at 1540 Broadway (at the corner of 45th Street) in Times Square. Tickets are $149 per person, including hot breakfast, lunch from Vanessa’s Dumplings and networking cocktail hour following the program. For more information or to purchase tickets, please visit https://www.cannabismediasummit.com.

For more information including interview requests, please contact: Tracey Henry Tracey Henry Consulting/THC tracey@th-consulting.co

 


StaffStaffOctober 26, 2018
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4min6410

New York City – October 26, 2018 /AxisWire/The Green Market Report(GMR), the cannabis industry’s most trusted source for credible in-depth financial and economic reporting, today released its 2018 Cannabis Company Index Q3 Summary Report. The report can be downloaded at GreenMarketReport.com/Reports.

The Green Market Report Cannabis Company Index was on fire in the third quarter of 2018. Cannabis stocks started 2018 in selloff mode. The Index fell 21.9% in the first quarter, but recovered in the second quarter and gained 20%. The Index jumped a whopping 56% during the third quarter.

The second quarter was notable for new public cannabis companies, such as MedMen Enterprises, The Green Organic Dutchman and Green Thumb Industries. The exchanges also stirred up some excitement, as the NASDAQ listed Cronos Group and the New York Stock Exchange welcomed Canopy Growth to its home. It seemed as if that quarter would be hard to top, but in the cannabis industry, records are meant to be broken.

“This quarter was impressive for the gains that cannabis stocks made. Some of these valuations are very rich, but the news cycle over these three months genuinely excited investors” stated Debra Borchardt, CEO of Green Market Report.

The best performing stock in the GMR Index was Isodiol (OTC: ISOLF). It had an astounding third quarter. It was in the bottom five performer list for the second quarter and now it tops the best performer list. Its shares jumped from 38 cents, hit a high of $3.60 in August and then closed out the quarter at $2.89. The company has aligned itself with top athletes as it carves out a niche for addressing sports and it appointed a new CFO.

Axim Biotechnologies (OTC: AXIM) made the worst performing stock list for every quarter so far this year. The stock began the quarter at $3.03 and finished it at $1.85; and it has continued to fall even further in the fourth quarter. Revenues have remained flat and while the losses have been trimmed, it continues to operate at a loss.

Based on acquisitions alone, the GMR Index was forced to remove MedReleaf once the deal with Aurora Cannabis closed. Hiku Brands was also removed from the list following its acquisition by Canopy Growth. In addition, Axim Biotechnologies, Terra Tech Corp. and Namaste Technologies were also removed from the index.

The new additions to the index include Charlotte’s Web (CSE: CWEB), Tilray (NASDAQ: TLRY), Green Thumb Industries (CSE: GTII), Sunniva (OTC: SNNVF) and Aleafia Health Inc. (OTC: ALEAF).

“The stock markets continue to welcome more solid cannabis companies” added Borchardt. “As the exchanges also begin to list cannabis companies, the stigma will continue to drop”.

AboutGreenMarketReport:

The Green Market Report (GMR) is headquartered in the Financial District of New York City with an office in Los Angeles. GMR is poised to be the center for trustworthy business, financial and economic news and intelligence. The site offers coverage on financial matters including news briefs on business, cultivation, and extraction, cannabis company stock prices, and wholesale cannabis pricing. For more information, please visit www.greenmarketreport.com or email info@greenmarketreport.com. Follow us on Facebook, Instagram and Twitter @GreenMarketRpt.

 

 

 


StaffStaffSeptember 5, 2018
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5min8710

Lewis Goldberg of KCSA Strategic Communications Interviews Danny Moses of “The Big Short” About the Opportunities, Risks and Future of Cannabis

NEW YORK, September 5, 2018/AxisWire/ In 2007-2008 the U.S. housing market crashed and a few, very prescient investors were able to “short” the market and make a killing.  One of these traders, Danny Moses, featured in Michael Lewis’ book The Big Short  has pivoted from housing to cannabis and has since called this nascent market “The Big Long.”

Moses will be interviewed at the closing session of the first annual Green Market Summit on September 14, 2018 in New York City by Lewis Goldberg, Managing Partner at KCSA Strategic Communications, the largest investor and public relations firm operating in the cannabis industry.  

Hosted by the Green Market Report, the cannabis industry’s premier financial news organization, the one-day event will feature exclusive data and economic analysis focused on five key sectors in the industry: Banking, International Trade, Retail, E-Commerce and Seed-to-Sale Tracking. The interview will close the event and take place from 4:00 – 4:50 PM.

“As the cannabis industry continues to mature and tap into the capital markets for growth capital, investors need to understand the risks and once-in-a-lifetime opportunities that are available, ” said Mr. Goldberg. “Danny Moses is one of the most recognized traders on Wall Street. This interview will provide valuable insight and forecasts by one of the greatest trading minds to those interested in the cannabis industry.”

“Cannabis represents one of the largest opportunities for investment, but it is also a minefield considering it is still federally illegal,” explained Danny Moses. “Banking and capital are the two biggest obstacles to investment in the industry. However, these risks present a greater return for those smart enough to take advantage.”

Join the industry’s leading financial minds and public companies as they review the economic landscape of the cannabis industry.

Located in the Financial District of New York City at One World Trade Center, the event is made possible through a partnership with TheStreet and the Marijuana Policy Group. The keynote speaker will feature TheStreet’s Jim Cramer, who will interview Brian Athaide CEO of The Green Organic Dutchman.

Tickets for the event and early bird pricing are still available, but spacing is limited. For more information, please visit: www.GreenMarketSummit.com

WHAT: Green Market Summit: The Advanced Economic State of Cannabis
WHEN: September 14, 2018
WHERE: One World Trade Center, 285 Fulton St, New York, NY 10007

About KCSA Strategic Communications

KCSA is a fully integrated communications agency specializing in public relations, shareholder communications and social media, with expertise in cannabis, financial and professional services, technology, healthcare, digital media and energy. Since 1969, the firm has demonstrated strategic thinking and program execution that drives results for its clients in the ever-changing communications and digital landscape. The firm’s clients are its best references. For more information, please visit http://www.kcsa.com/ or https://www.kcsa-cannabis.com/

Communications Contact:

Anne Donohoe

KCSA Strategic Communications

adonohoe@kcsa.com

212.896.1265

 

 

 


StaffStaffAugust 27, 2018
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8min11320

Green Market Report Partners with TheStreet.com Providing Investors with Exclusive Insight/Access to Leaders in the Cannabis Industry

NEW YORK, Aug. 27, 2018/AxisWire/ – The cannabis industry’s leading business and economic minds will gather in New York City to discuss the advanced economic state of cannabis at the Green Market Summit on September 14, 2018.

Hosted by the Green Market Report, the cannabis industry’s premier financial news organization, this one-day event will feature exclusive data and economic analysis focused on five key sectors in the industry: Banking, Cultivation, International Trade, Retail, and Seed-to-Sale Tracking.

“As the cannabis industry continues to evolve, we are witnessing dynamic shifts in how the industry is structured and regulated,” said Debra Borchardt, Chief Executive Officer and co-founder of Green Market Report. “The Green Market Summit presents a remarkable opportunity for investors and entrepreneurs to gain firsthand knowledge of how these changes will affect the economics of cannabis and their bottom line.”

“The speakers and report sponsors assembled for this conference represent years worth of unparalleled experience and knowledge in the cannabis industry,” added Cynthia Salarizadeh Co-Founder of Green Market Report and Managing Partner of KCSA Strategic Communications. “We couldn’t be more proud to play host to one of the most diverse and knowledgeable collections of cannabis experts to be assembled, and whose companies collectively play a part in every stage of the cannabis supply chain.”

WHAT: Green Market Summit: The Advanced Economic State of Cannabis
WHEN: September 14, 2018
WHERE: One World Trade Center, 285 Fulton St, New York, NY 10007

Located in the Financial District of New York City at One World Trade Center, the event is made possible through a partnership with TheStreet and the Marijuana Policy Group. The keynote event will feature TheStreet’s Jim Cramer, who will interview Brian Athaide CEO of The Green Organic Dutchman.

Other speakers for the event include:

  • Adam Orens, Co-Founder, Marijuana Policy Group
  • Cynthia Salarizadeh, Co-Founder and Chief Strategy Officer, Green Market Report
  • Debra Borchardt, Co-Founder and CEO, Green Market Media
  • Emily Paxhia, Founding Partner & Managing Director, Poseidon Asset Management
  • Javier Hasse, Author of Start Your Own Cannabis Business
  • Jeannette Ward Horton, Vice President of Global Marketing and Communications, MJ Freeway
  • Jessica Billingsley, Co-Founder and Chief Executive Officer, MJ Freeway
  • Lewis Goldberg, Managing Partner, KCSA
  • Matt Karnes, Founder and Managing Partner, GreenWave Advisors, LLC
  • Phil Carlson, Managing Director of Investor Relations, KCSA
  • Tahira Rehmatullah, Chief Financial Officer, MTech Acquisition Corp
  • Tyler Beuerlein, Vice President of Business Development, Hypur
  • Jonathan Rubin, CEO of Cannabis Benchmarks

The agenda for the event is as follows:

  • 8:00 AM – 9:00 AM: Registration & Breakfast
  • 9:00 AM – 9:50 AM: Economics of Cannabis Banking, presented by Tyler Beuerlein, Vice President of Business Development at Hypur Ventures
  • 10:00 AM – 10:50 AM: Economics of International Cannabis, presented by Daniel Pearlstein, Executive Vice President of Canopy Rivers.
  • 11:00 AM – 11:15 AM: Keynote Event, TheStreet’s Jim Cramer Interviews The Green Organic Dutchman CEO Brian Athaide.
  • 12:00 PM – 12:50 PM: Lunch, Sponsored by Acreage Holdings
  • 1:00 PM – 1:50 PM: Economics of Plant Tracking, presented by MJ Freeway co-founder and CEO, Jessica Billingsley, and Jeannette Ward Horton, Vice President of Global Marketing and Communications for MJ Freeway.
  • 2:00 PM – 2:50 PM: Economics of Cannabis Retailing, presented by David Dancer  Chief Marketing Officer for MedMen.
  • 3:00 PM – 3:50 PM: Economics of Cultivation, presented by a leading publicly traded Cannabis company  
  • 4:00 PM – 4:50 PM: Closing Panel, featuring KCSA’s Lewis Goldberg interviewing author Danny Moses, author of “The Big Short and Beyond.” 
  • 5:00 PM – 5:15 PM: Closing Remarks.

Tickets for the event and early bird pricing are still available, but spacing is limited. For more information, please visit: www.GreenMarketSummit.com

About Green Market Report:

The Green Market Report (GMR) is headquartered in the Financial District of New York City with an office in Los Angeles. GMR is poised to be the center for trustworthy business, financial and economic news and intelligence. The site offers coverage on financial matters including news briefs on business, cultivation, and extraction, cannabis company stock prices, and wholesale cannabis pricing. For more information, please visit www.greenmarketreport.com or email info@greenmarketreport.com. Follow us on Facebook, Instagram and Twitter @GreenMarketRpt.

Communications Contact:

Lewis Goldberg

KCSA Strategic Communications

lgoldberg@kcsa.com

 


StaffStaffJuly 16, 2018
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5min12460

AxisWire Delivers the Second Annual Market Trend Overview

Los Angeles – July 16, 2018 /AxisWire/ AxisWire, the world’s first newswire distribution service and PR tech-suite dedicated solely to the cannabis industry, and TheGreen Market Report(GMR), the cannabis industry’s most trusted source for credible in-depth financial and economic reporting, announced today the publication of the second annual Cannabis Trend Report.

The Cannabis Trend Report is an annual review of how the cannabis industry is changing and disrupting market paradigms. So far, 2018 has been a huge year for cannabis. Epidiolex became the first cannabis-based drug to be approved by the FDA, Vermont became the 9thU.S. state to legalize recreational cannabis, California launched its recreational market, Oklahoma became the 30th state to legalize medicinal marijuana, and Canada became the first G7 country to legalize cannabis nationwide.

“2018 has been one of the most exciting years for the legal cannabis industry. The trends are vivid and reveal significant opportunity for investors and entrepreneurs,” said Cynthia Salarizadeh, Founder of AxisWire and Managing Partner of KCSA Strategic Communications.

“2017 was a banner year for cannabis, and that momentum has carried over into 2018.  We are at a watershed moment for cannabis, and the future of the industry has never looked brighter.”

The 2018 report not only takes you through the current trends in cannabis but also gives you an updated recap of the trends found in last year’sInaugural 2017 Cannabis Trend Report.

The topics covered in the 2018 Cannabis Trend Report include:

  • The Rise of Women in Cannabis
  • Cannabis Stocks
  • AgTech
  • Welcome to Hollyweed
  • Infused Cannabis Beverages
  • Blockchain & Cryptocurrency
  • International Trade
  • Music Industry & Cannabis

Download the 2018 Cannabis Trend Report for free at GreenMarketReport.com/Reports.

About AxisWire:

AxisWire, headquartered in Los Angeles, is the industry’s first digital platform designed for cannabis entrepreneurs and industry leaders to manage communications and expose their brands directly to cannabis journalists seeking breaking stories. The platform provides a newswire distribution and PR tech suite of services including press release distribution, press release writing, consulting and compliance services. AxisWire also features the STAR Source Locator specific to the cannabis industry to assist in facilitating story development between journalists and brands. This platform was created and now operating through a collaborative merger of the most influential and innovative PR and marketing firms operating within the cannabis industry. AxisWire is positioned to sit at the center of all things cannabis media. For more information, please visit AxisWire.com. Follow us on Facebookand Twitter@AxisWire.

AboutGreenMarketReport:

The Green Market Report (GMR) is headquartered in the Financial District of New York City with an office in Los Angeles. GMR is poised to be the center for trustworthy business, financial and economic news and intelligence. The site offers coverage on financial matters including news briefs on business, cultivation, and extraction, cannabis company stock prices, and wholesale cannabis pricing. For more information, please visit GreenMarketReport.comor email info@greenmarketreport.com. Follow us on Facebook, Instagramand Twitter@GreenMarketRpt.

 

Media Inquiries:

Anne Donohoe

KCSA Strategic Communications

adonohoe@kcsa.com


StaffStaffJuly 12, 2018
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7min9190

Healthy Cannabis Market on the Rise Sees Q2 Index Rises 20% after Q1 fell 21%

New York City – July 12, 2018 /AxisWire/ The Green Market Report (GMR), the cannabis industry’s most trusted source for credible in-depth financial and economic reporting, today released its 2018 Cannabis Company Index Q2 Summary Report. The report can be downloaded at GreenMarketReport.com/Reports.

The GMR Index follows the trading activity of 30 selected public cannabis companies that denote market dominance. After falling 21.9% in the first quarter, based on uncertainty surrounding the Department of Justice (DOJ) and Attorney General Jeff Sessions decision to rescind the Cole Memo, the GMR Index found that the industry made a healthy recovery. On average, the GMR Index gained 20% in the second quarter of 2018.

In Q2, investors felt that the risk to investing in cannabis had been tempered once it was clear that the DOJ was more talk than action when it came to punishing those in the cannabis industry. In addition, conservative Republicans at both the federal and state level began to demonstrate a willingness to shift away from their hardline anti-cannabis stances of the past and confirmed a willingness to discuss a pathway towards legalization.

However, the most encouraging move of all was the Federal Drug Administration’s (FDA) approval of GW Pharmaceuticals cannabis-based drug Epidiolex. Epidiolex is derived from cannabidiol, or CBD, an active, non-psychoactive chemical compound in marijuana that reduces the frequency of seizures. Per the FDA’s approval of the CBD-based drug, the FDA has 90 days to reschedule CBD down to Schedule II or III from Schedule I.

“The second quarter of 2018 has been much kinder to cannabis industry stocks as share prices recovered from the sell off at the beginning of the year. Bigger and stronger cannabis companies are listing on the Canadian markets and on major U.S. stock exchanges which are giving investors more selection and choice,” stated Debra Borchardt, CEO of Green Market Report.

The best performing stock in the GMR Index was CV Sciences Inc. which rose 238% as it reported strong revenue increases and retired debt. This rise was a pattern followed by many of the other stocks in the GMR Index. Solid performances were rewarded by shareholders picking up more stock.

The biggest loser in the GMR Index was Isodiol International with a loss of 55% in its share price. Many of the Index’s poorest performing stocks are some of the earliest cannabis stocks in the market. Early investors, likely growing weary of stock dilution, are turning to new and stronger entrants into the cannabis publicly traded stock market.

Like these investors, the GMR Index is opting to include new names that have much to offer versus older companies that haven’t been able to deliver as promised. For example, 22nd Century Group primarily focuses on tobacco and not cannabis so it was removed; Invictus MD Strategies was removed due from the GMR Index due to poor performance.

The Green Organic Dutchman and MedMen Enterprises both show that despite setting out on differing business objectives, their ability to raise millions in the market has put them in a position to experience continued growth. While The Green Organic Dutchman is pursuing an international strategy, MedMen is focusing on the high trafficked tourist locations in the U.S. GMR is looking forward to watching these companies grow and mature.

“Looking ahead to the third quarter, expectations are running high that a change of some sort could be imminent in regards to the classification of cannabis in the Controlled Substances Act.” added Borchardt. “While we can’t predict what that change will be, it will easily be an improvement over the current situation. Also, there are a number of strong cannabis companies in the IPO pipeline, meaning that Q3 will be a tremendously exciting time as they enter the market.”

About Green Market Report:

The Green Market Report (GMR) is headquartered in the Financial District of New York City with an office in Los Angeles. GMR is poised to be the center for trustworthy business, financial and economic news and intelligence. The site offers coverage on financial matters including news briefs on business, cultivation, and extraction, cannabis company stock prices, and wholesale cannabis pricing. For more information, please visit www.greenmarketreport.com or email info@greenmarketreport.com. Follow us on Facebook, Instagram and Twitter @GreenMarketRpt.

Communications Contact:

Cynthia Salarizadeh

856-425-6160

cynthia@kcsa.com

 



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


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