News & Articles

Cannabis Technology - Leapfrogging Traditional Industries

Posted by Andrew Duffy on Feb 4, 2019 1:12:23 PM

The historic, venture capital-fueled tech boom of the past two decades in Silicon Valley and beyond has turned “innovation” into perhaps one of the most abused terms in our day-to-day lexicon. Years of buzzword status have disconnected us from a meaningful understanding of the real hallmarks of innovation and the conditions that give rise to it. As such, most people wouldn’t consider the cannabis industry the ideal environment to develop new, world-changing technologies; luckily for a small swathe of forward thinking entrepreneurs and investors, most people are wrong.

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Topics: Analysis, Entrepreneurship, cannabis companies, agtech, cannabis business, marijuana, startup, cannabis tech, Best in Grow

Valuations: Why Revenues Matter...But Only Sometimes

Posted by Micah Tapman on Jul 30, 2018 2:46:19 PM

One of the black box mysteries I am often asked about is valuation of a company during an investment. As I've been preparing for a presentation I’m giving at the MJBizInt’l conference in Toronto next month, I’ve been thinking about a common aspect of the debate - the importance of revenues.

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Topics: Analysis, Investing, frontier markets, valuations, valuing investments, startups

CBD: Hemp vs. Marijuana - The Data on how CBD is selling in Dispensaries

Posted by Sean Murphy on Dec 14, 2016 12:14:31 PM

The CBD sector is growing at an exponential rate. If you've walked an industry trade show recently, you've certainly noticed an increasing array of CBD-infused products, and your local dispensary has likely also stocked up. Cannabidiol—CBD—is a phytocannabinoid that has significant medical benefits, but does not make people feel “stoned” and can actually counteract the psychoactivity of THC. The fact that CBD-rich cannabis is non-psychoactive or less psychoactive than THC-dominant strains makes it an appealing option for patients looking for relief from inflammation, pain, anxiety, psychosis, seizures, spasms, and other conditions without disconcerting feelings of lethargy or dysphoria. CBD products include oils, tinctures and vaporizer kits.

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Topics: Analysis, Company Info

Where to Start a Cannabis Business

Posted by Micah Tapman on Sep 20, 2016 1:49:55 PM

Good conversation today with an entrepreneur looking to get into the cannabis industry with a new startup. The first question of the conversation was one we receive a lot so let me take a few moments to post a public answer.

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Topics: Analysis, Entrepreneurship

Valuation Magic: 4 Dollar Shave Club Data Points

Posted by Micah Tapman on Jul 20, 2016 5:34:49 PM

Unilever purchased Dollar Shave Club for an even one billion dollars. Let's look at four metric from publicly available data (WSJ - paywall) on the transaction.

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Topics: Analysis, Investing

Is Yahoo! a Pig in Lipstick or a Unicorn in Disguise?

Posted by Micah Tapman on Jul 19, 2016 3:42:28 PM

I hold some Yahoo! stock so I've been keeping a close eye on the "auction" process currently underway. Despite the hype I still tend to believe in the underlying fundamentals of the company for several reasons, one of which was highlighted halfway through a WSJ article. Here's a quick quote:

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Topics: Analysis