Alan Brochstein

It’s that time again. The Benzinga Events team is busy planning for the third Cannabis Capital Conference back in one of our favorite spots and the heart of the cannabis industry—Toronto. The cannabis industry is constantly developing, from market expansions and stock volatility to...

With the warm, sunny backdrop of Miami Beach, the second iteration of the Benzinga Cannabis Capital Conference filled every seat with enthusiastic and proactive investors who are looking for their next deal in a budding landscape. “Every single person in this room is faced with...

The North American cannabis sector experienced a decline in the frequency and sum of capital raised over the first five weeks of 2019 versus the same time period in 2018 according to Viridian Capital Advisors data reported by Marijuana Business Daily. At the same time, the average of each deal size...

Interest in recreational cannabis is spreading in the U.S. With voters pushing states for medical and adult use legislation, Vermont became the first to decide the issue at the state capital when the state legislature voted in favor of legalization in 2018. Now a growing number of states are making...

For investors in cannabis stocks, this earnings season will be extra special. It will be the first quarter since Canada legalized adult-use marijuana and the results will allow investors to get at least some idea whether the legalization is living up to the hype that preceded it. Four of the...

Investors in GW Pharmaceuticals PLC (NASDAQ: GWPH) may need to sit through some short-term volatility as sales of the company's newly approved drug ramp up slowly because of insurance coverage issues, says the author of The 420 Investor. Alan Brochstein, who is a founding partner of New...

There were numerous political announcements shaping the industry last week, with a Michigan state board ruling that more than 60 medical cannabis dispensaries that had to close at the end of last year due to new regulations will be allowed to re-open until March 31, providing them time to become...

After a slow first week of the year, 2019 is quickly picking up steam. This week, we learned that Rep. Earl Blumenauer (D-OR) filed a bill in Congress that seeks to remove cannabis from the federal Controlled Substances Act. The bill is dubbed H.R. 420. In other political news, Marijuana Moment...

The New Year brought a shortened trading week. The deal flow didn’t stop, with recently-public TILT Holdings Inc (OTC: SVVTF) announcing the acquisition of vaporization company Jupiter Research for $210 million. Joel Milton, SVP of software and services at TILT told Benzinga, “We...

The last week of 2018 was a bit slower than most, but this didn't stop the news cycle completely, as Thailand became the first country in Southeast Asia to legalize marijuana for medicinal and research purposes, and the Israeli Parliament passed a law allowing for medical cannabis exports. On...

The U.S. markets may only be open until 1 p.m. ET Christmas Eve, but PreMarket Prep has a jam-packed selection of guests. Here's the lineup for Monday's show: 8:15 a.m.: Alan Brochstein, Author of "420 Investor" and founding partner of New Cannabis Ventures Brochstein’s...

The use of recreational cannabis is now legal in Michigan, following U.S. states like Colorado, Washington, Oregon and California. Learn how to keep up with the fastest-growing industry in capital markets at the Benzinga Cannabis Capital Conference in Miami Beach.  If a trip to South Florida...

My eyes filled with tears as I read the news about Brett Roper, CEO of Medicine Man Technologies Inc (OTC: MDCL), passing away. It’s been a couple of days and I am still in shock. With nothing left to do but grieve, I felt the need to pay this man -- a pioneer in the cannabis industry -- some...

Cannabis has been in the headlines this week after Canada legalized recreational use nationwide on Wednesday. Canaccord Genuity estimates the global marijuana-infused beverage market could be valued at $600 million in the U.S. by 2022. Several beverage companies, including The Coca-Cola Co (NYSE:...

Recreational marijuana became legal in Canada on Wednesday, but cannabis stock investors don’t have much to celebrate. A sell-off in weed stocks that began Tuesday carried over to Wednesday as enthusiasm for Canadian legalization gave way to concerns over supply and market...