Title: Podcast Interview with Troy Dayton, #Arcview Group Discussing the Future of #Cannabis Globally
Author: Investor Ideas
Date: May 2018
Pt. Roberts, WA; Delta, BC – May 9, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks, releases an exclusive podcast discussion with Troy Dayton, CEO and Founder of the Arcview Group, from the recently held Arcview Investor Forum in Vancouver B.C.
The Arcview Group’s Investor Pitch Forum, held at the Westin Bayshore in Vancouver, Canada from April 30th to May 2nd, brought together over 200 high-net investors with cannabis thought leaders and companies at the forefront of the new space. The conference comes at a time when Canada is months away from legalization and the U.S. is increasingly gesturing toward market liberalization.
Commenting on the state of the North American cannabis market, the Arcview Group’s CEO and Co-Founder, Troy Dayton, attributed growth trends to the legislation that has already been changed.
“This market’s growing at about a 27 percent compound annual growth rate in North America,” he said. “That’s about a $10 billion USD market today, growing to about a $24 billion USD market. Most of that is not from new laws changing, this is from laws that have already changed. So, when you start looking at what’s going to change in the next few years you will see that impact on the market out into 2022, 2023, 2024…”
Internationally, Dayton forecasts slower overall growth, but notes that many markets won’t be stifled by U.S. style federalism when it comes to legislation.
Title: WA company Little Green Pharma harvests first crop, could have medicinal cannabis available in weeks
Author: The West Australian
Date: 8 May 2018
Australia’s first locally grown medical cannabis for commercial use could be available for patients within weeks.
Perth phytopharmaceutical company Little Green Pharma harvested its first crop in WA’s South West last week, almost 18 months after it revealed it was cultivating plants.
It is the first time medical cannabis has been grown in WA, with Little Green Pharma the only company in the State with a licence and permit from the Office of Drug Control to grow crops locally.
Managing director Fleta Solomon said the company had reached a major milestone towards its goal of producing high-quality, locally grown medicinal cannabis.
Title: Aurora Cannabis Reports a Tripling of Sales in Q3
Author: Cash Crop Today
Date: 8 May 2018
Aurora Cannabis (TSX: ACB), one of the top Canadian based public cannabis companies, has announced the companies Q3 financials which has seen their product sales increased significantly. Aurora Cannabis has tripled its sales and increased the active amount of registered patients by over 200%.