Psychedelics
Psychedelics Deep Dive: Key Players in the Psychedelics Industry: Part 2 of 4
LOS ANGELES- The psychedelics industry is just now starting to make headlines. Ketamine, a potent psychedelic, has been legal with a doctor’s prescription for decades, and psilocybin is already recreationally legal in certain areas around the country. Psychedelics companies will have to surmount significant public ignorance and regulatory red tape, but a considerable volume of capital has already flowed into publicly traded psychedelics stocks. The healing potential of psychedelics is now undeniable, and the following five companies are doing their best to bring psychedelic therapies into the mainstream. #1) Numinus Wellness (TSXV: NUMI) Founded in 2019, Numinus is already one of the world’s most-followed psychedelics stocks. With a cash ...
Analysis: What is the Psychedelics Industry? Part 1 of 4
PORTLAND– What is the Psychedelics Industry? Psychedelic substances, once derided as dangerous drugs with no medicinal value, have now reclaimed their rightful places as respected medicines with great therapeutic potential. Most psychedelics are no more harmful than pharmaceutical medications intended to treat the same conditions. They’re widely available in nature and remarkably easy to source. The only issue with psychedelics is regulation: Most countries around the world still follow archaic “War on Drugs” rules when dealing with psychedelic medicines. All that is starting to change. Publicly traded companies with significant market caps are starting to develop psychedelic medications for depression, anxiety, PTSD, inflammation, opioid addiction, and even liver disease. Quite ...
HCN Investigates: Cannabis Funding in New York State Part 2 — The Key Players
NEW YORK–The New York cannabis industry may seem in its infancy, but medical cannabis has been legal in the Empire State since 2016. That’s plenty of time for the old money engines in New York to spin up and start strategizing the steady conquest of a market that didn’t yet exist. With the signing of the MRTA act into law, recreational cannabis is now a reality in New York State — on paper, at least. The majority of New Yorkers will continue getting their weed illegally for the time being, but five Big Apple cannabis operators are already dominating an industry that encapsulates the nation’s biggest metropolis. New York State ...
How Are Cannabis Businesses Getting Funded in New York State? Part 1 — Overview
NEW YORK– The cannabis industry is evolving all over the world. Our deep dive into the North American cannabis market begins with an examination of New York State, which is now counted among the members of a rapidly spreading “green zone” of states — a patchwork hodgepodge that is nevertheless starting to look more homogenous than fragmented. All the more relevant now that New York is in the news with the resignation of pro-pot Governor Cuomo for sexual harassment allegations. This latest news is only the latest twist in the long saga of cannabis legalization in New York. Is cannabis legal in New York State? How legal is it? Is ...
HCN Investigates: Cannabis SPACs: What Are They? What Should You Know About Them?
LOS ANGELES– Cannabis companies have traditionally had trouble gaining funding via public offerings. With SPACs, entities in the cannabis and hemp sectors can be publicly traded in both American and Canadian markets. What are cannabis SPACs, and which cannabis SPACs are currently active? Perhaps most importantly, are cannabis SPACs reliable investment vehicles? What is a SPAC? A special purpose acquisition company (SPAC) is a publicly traded entity that exists solely to merge with or acquire existing companies. SPACS do not have any commercial operations, and they are backed by underwriters. During the formation of SPACs, the founders of these investment vehicles do not specify which entities they intend to acquire. ...
Cannabis Funding Around the World: A Focus on Germany
HCN Investigates – Germany is one of the wealthiest European nations. It also has some of the world’s most progressive politics, making Deutschland a perfect fit for the global cannabis industry. In the first two financial quarters of 2020, German cannabis sales exceeded €75 million. The existing German cannabis market comprises approximately 120,000 adults, and this market is expected to swell considerably. While the German cannabis industry has experienced a few recent setbacks, growth projections remain strong. Learn more about cannabis in Germany, discover the biggest players in German cannabis, and find out how they’re funded. Is Cannabis legal in Germany? Since 2017, licensed German doctors have been able to ...
Cannabis Funding Around the World: A Focus on Germany
HCN Investigates – Germany is one of the wealthiest European nations. It also has some of the world’s most progressive politics, making Deutschland a good fit for the global cannabis industry. In the first two financial quarters of 2020, German cannabis sales exceeded €75 million. The existing German cannabis market comprises approximately 120,000 adults, and this market is expected to swell considerably. While the German cannabis industry has experienced a few recent setbacks, growth projections remain strong. Learn more about cannabis in Germany, discover the biggest players in German cannabis, and find out how they’re funded. Is cannabis legal in Germany? Since 2017, licensed German doctors have been able to ...
Exploring Cannabis Funding Around the World — Oceania
HCN Investigates – Oceania, which comprises Australia, New Zealand, and the surrounding islands, is expected to embrace both medical and recreational cannabis in the near future. According to cannabis analytics firm Prohibition Partners, the Oceanian cannabis market may reach $1.55 billion by 2024. Even at this size, the cannabis market in Oceania would remain one of the world’s smallest, but investors are still keen to capitalize on emerging medical and recreational markets in Australia, New Zealand, and beyond. (Image: Auckland, New Zealand skyline by Partha Narasimhan) Current status of the Oceanian cannabis industry Medical marijuana is available throughout Australia and New Zealand with the other parts of Oceania, including Melanesia, ...
Exploring Cannabis Funding Around the World — Africa
HCN Investigates – Africa has a long history of medicinal cannabis use. Find out how this continent’s modern entrepreneurs are finding funding for legal African cannabis ventures. Exploring Cannabis Funding Around the World — Africa Cannabis use in Africa goes back at least as far as the 14th century. The illicit cannabis trade runs rampant throughout this continent, and recently, a handful of African nations have embraced Cannabis sativa as a replacement cash crop as the tobacco economy loses steam. In this guide, catch up with the status of the legal cannabis industry within Africa, and find out how entrepreneurs from around the world are seeking funding for their African ...
Exploring Cannabis Funding Around the World — Europe – Part 1
HCN Investigates – Part 1: Industry Background Despite the fact that this continent comprises 44 separate nations, the approximately 750 million people currently living in Europe are largely united by a shared economic market. This international European economy is partly spurred by the overarching organizational principles of the European Union (EU), but even countries that aren’t part of the EU remain united by close physical proximity and shared cultural legacies. Despite varying national stances on the issue, Europe is gradually coming together with a cohesive stance toward the emerging global cannabis market. Combined, the nations of Europe are home to more than twice the number of people living in the ...
Exploring Cannabis Funding Around the World — Europe – Part 2
HCN Investigates — Funding within the European cannabis industry. Generally speaking, the fledgling European cannabis industry relies on funding models similar to those used in the Canadian recreational and medical marijuana markets. While large investments from venture capital firms and investment funds occasionally occur within the United States recreational marijuana market as well, debt financing and crowdfunding campaigns are also common in the U.S. due to the prevailing lack of cohesive federal cannabis policies. In the United States, there is an existing model for small companies to enter state-specific recreational and medical marijuana markets, and these SMB startups compete directly with multi-state marijuana enterprises that are sometimes backed with Canadian ...
Exploring Cannabis Funding Around the World – Latin America – Part 1
HCN Investigates – In 2013, Uruguay became the first country to legalize recreational cannabis. Recreational cannabis is now widely available in this nation, but other countries in Latin America have been slow to follow suit. At present, Uruguay remains the only Latin American nation to have legalized recreational cannabis, and while certain neighboring nations have adopted medical cannabis policies, prohibition remains the default stance toward cannabis in Latin America. In this guide, we’ll explore recent evolutions in the Latin American cannabis industry, investigate sources of funding used by Latin American cannabis entrepreneurs, and predict how this region’s cannabis industry might evolve over the next few years. (Image above: Michael Tompsett/Etsy) ...
Exploring Cannabis Funding Around the World – Latin America – Part 2
HCN Investigates – Cannabis Funding Details in Latam. With the notable exceptions of Uruguay and Colombia, the Latin American cannabis industry remains in its infancy. While Latin American cannabis will likely be worth more than $10 billion in a few years, investment into this blossoming market is relatively slow-going. Recently, the Colombian export agency ProColombia announced that more than $400 million has been invested into the Colombian cannabis industry, which is no mean sum. Compared to the $2 billion Canadian recreational cannabis industry, however, Colombia has a long way to go. (Graphic: Viviana Hershey) Cash flow within the Latin American cannabis industry In stark contrast to the European cannabis industry, ...
