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Cannabis has gone from a criminalized drug to a multibillion-dollar global boom in just a few years. Here’s everything you need to know about the emerging legal cannabis industry.


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Legal cannabis is one of the world’s newest and most dynamic industries. Since Colorado legalized the drug in 2012, the previously illegal plant has birthed multibillion-dollar public companies, minted billionaires, and brewed social change not seen since the end of Prohibition.
As cannabis companies scale up, they’re seeing interest from institutional investors, major consumer corporations, and Group of Seven governments.
Business Insider reports regularly on the latest developments of the cannabis industry. You can read our stories by subscribing to BI Prime.

Here’s what we know about what’s going on inside the world of the fascinating legal cannabis industry right now, from the largest publicly traded companies, to venture-backed startups, to the rapidly shifting federal policies around the drug.

The CBD boom
CBD and hemp startups are using creative loopholes to skirt Facebook’s ad ban. Here’s how they’re doing it.
We’re at the start of a new era for marijuana-based medicine, according to the CEO behind the first prescription CBD drug
Wall Street thinks CBD could be a $16 billion industry by 2025. Here’s what the cannabis compound does to your brain and body.
Square has started working with a select group of CBD startups while other payments rivals shy away from the trendy substance
CBD companies were courted hard by a unit of US Bank — but they got ghosted despite having a 100% legal business
A California company tested 20 popular CBD products and found ‘insanely high levels’ of dangerous chemicals and misleading labels
A top venture investor that’s backed companies like Bird and TheRealReal explains why CBD is primed to explode
The CEO of Whole Foods just dropped a hint it could soon start carrying marijuana products. It’s a sign the biggest consumer companies are ‘looming’ over the industry.
We’re at the start of a new era for marijuana-based medicine, according to the CEO behind the first prescription CBD drug
Startups, venture capital and private equity
We got an exclusive look at the pitch deck buzzy marijuana tech startup Headset used to raise $12 million and ink deals with Nielsen and Deloitte
Top cannabis investors reveal where they’re placing bets, but say there’s ‘pain to come’ in the crowded CBD space
A New York private equity firm founded by JPMorgan and Guggenheim veterans is raising the largest-ever fund dedicated to the booming marijuana industry
We got an exclusive look at the pitch deck two Ivy League MBAs used to raise a $1.5 million seed round for a cannabis-infused beverage startup
Biotech, CBD drinks, and a hot vape company: Here’s where all the top marijuana VCs are looking to write checks this year
The CEO of one of the hottest marijuana-vape startups says he’s talking to bankers about an IPO in 2020
We got an exclusive look at the pitch deck that cannabis education platform Green Flower Media used to raise $20 million from top investors
Marijuana M&A
A Canadian investment bank is quietly pursuing a critical regulatory approval that would solve one of the biggest pain points for the US …read more

Source:: Business Insider

      

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