Visit a dispensary in one of the 28 states that legally sell marijuana and you’re likely to find products with monikers like God’s Green Crack, Super Lemon Haze, or Skywalker. That’s all about to change as a new breed of ganjapreneurs swoop into the fledgling industry with new marijuana marketing.
Cowen & Co., the nearly century-old firm founded as a bond brokerage, is racing to become Wall Street’s leading provider of cannabis research, staking a claim to an industry generally forsaken by financial institutions.
Analysts at the New York-based company have assembled a trove of data on the burgeoning field of semi-legal marijuana. And on Thursday Cowen will host its first investor conference devoted to the controversial topic. Continue reading “Weed on Wall Street?”→
It looks like pot. It smells like pot. But it’s hemp, marijuana’s legal cousin, and it’s taking over the Bluegrass state.
Across the rolling hills of Kentucky, which just two decades ago was the most tobacco-dependent state in the country, farmers are planting less of the crop after growing health concerns shrunk demand. Instead, they’re increasingly turning to hemp and have more than doubled sowings of the cannabis variety in 2016 to become the No. 2 producer in the U.S., trailing Colorado. Continue reading “How hemp is slowly becoming the new tobacco for Kentucky farmers”→