GreenWave Advisors

The state of Colorado has released its 2017 legal cannabis tax data, reporting collections of $247.36 million, up from $193.6 million in 2016. Based on these figures, financial analysis and research firm GreenWave Advisors estimated sales hit $1.494 billion, exceeding its $1.458-billion...

In a recent article, Benzinga discussed sales projections and other cannabis market predictions with GreenWave Advisors’ Matt Karnes, who said he envisions fully legal cannabis markets in several other states (including Connecticut, Vermont, Arizona, Michigan, Ohio & Rhode Island) by 2018...

GreenWave Advisors is a New York City-based firm that provides financial analysis and research for the legal cannabis industry, founded in 2014 by Matthew A. Karnes, a former sell side and buy side equity analyst. At the moment, GreenWave focuses on industry fundamentals and the different...

2016 was one of the best years for legal marijuana in recent history. Marijuana legalization initiatives won very decisively in eight out of nine states on Election Day, as a record number of adults in the U.S. supported the legal use of marijuana. In addition, the industry hit several milestones,...

2016 was one of the best years for legal marijuana in recent history. Marijuana legalization initiatives won very decisively in eight out of nine states on Election Day, as a record number of adults in the U.S. supported the legal use of marijuana. In addition, the industry hit several milestones,...

2016 was one of the best years for legal marijuana in recent history. Marijuana legalization initiatives won very decisively in eight out of nine states on Election Day, as a record number of adults in the United States supported the legal use of marijuana. In addition, the industry hit several...