-
How Topicals Are Bringing CBD To Mass Retail Customers
Tuesday, March 5, 2019 - 6:00pm | 1301Even before the vote on the 2018 Farm Bill, the industry was swirling with talk of the implications of the legalization of hemp and hemp-derived cannabidiol — CBD. Many conversations focused on CBD-infused edibles and their mass availability, not only online or in dispensaries, but also in...
-
How One Entrepreneur Built A Cannabis Business And Sold It For $7M In Less Than 2 Years
Friday, December 14, 2018 - 12:32pm | 669When Scott McGovern sold his 19-month-old cannabis media company Green Rush Daily to High Times magazine for $7 million, he'd built a website with 6.5 million unique visitors per month and cultivated a devoted social media following bolstered by a network of influencers and advertisers. Two...
-
New Ways For Cannabis Companies To Raise Money
Friday, October 12, 2018 - 6:42am | 1341The cannabis industry is poised for further growth in the next decade as more U.S. states and other countries legalize medicinal and recreational weed. Global cannabis sales stood at $9.5 billion in 2017, according to Arcview Market Research and BDS Analytics. The U.S. accounted for most of the...
-
An Inside Look At High Times' $7M Acquisition Of Green Rush Daily, A Marijuana News Company
Thursday, April 5, 2018 - 5:35pm | 733High Times Holding Corporation, publisher of the cannabis-focused magazine High Times, announced Thursday the closing of its acquisition of Green Rush Daily in a deal valued around $7 million. The transaction comes more than six months after its founder and CEO Scott McGovern was brought aboard to...