San Francisco, CA (Vocus/PRWEB) March 25, 2011
Today, on the heels of the release of the first U.S. market data report putting the size of the domestic medical marijuana market at $1.7 billion, The ArcView Group announced the formation of the cannabis industry's first angel investment network. The ArcView Angel Network will facilitate seed and early stage investment in federally legal enterprises within the medical cannabis industry, and will host the Cannabis Investment Forum Series (CIF), a groundbreaking series of events exclusively for the top ancillary cannabis business entrepreneurs and qualified investors.
"Extraordinary rewards await investors with the courage and vision to be a part of building the new cannabis industry," said ArcView Group President, Stephen DeAngelo, also Executive Director of Harborside Health Center - the nation's largest model medical cannabis collective. "The ArcView Angel Network will open the door to the most promising business opportunities.
"There are many interested investors and investment-worthy entrepreneurs in the cannabis sector. But so far, that has not resulted in much investment. The lack of market data, industry knowledge and access to opportunities contributed to investor's perception of unacceptable risk.
The ArcView Angel Network and the See Change Strategy market report address this by simultaneously giving potential investors the information needed to make good investment decisions, and a steady flow of the best investment opportunities," said ArcView Group CEO, Troy Dayton.
"As I look at all the emerging industries right now, the medical cannabis industry stands out as having much promise. The development of the ArcView Angel Network, the release of quality market data, and the creation of a national industry association are all signs of a maturing industry. I'm looking forward to participating in the ArcView Angel Network to have access to the best pre-vetted opportunities," said Ken Maeda, a Northern California angel investor.
"As an ancillary business owner in the cannabis industry, I am really excited about the launch of the ArcView Angel Network. As StickyGuide.com seeks investment to expand our medical cannabis directory and review web site, it is crucial that we get in front of qualified investors in a time-efficient manner," said Scott Hinerfeld of StickyGuide.com.
"Angel investment forums have proven key to high tech, bio-tech, green-tech, and social media start-up investment, and are the next logical step in the cannabis industry's emergence," said Troy Dayton, ArcView Group CEO.
The See Change Strategy market report estimates 1.3 billion dollars in state-legal medical marijuana retail sales in 2011 with a 5-year market potential of 8.7 billion. Since approximately 60% of a retailer's costs are for things other than cannabis, that indicates that there is just under a billion dollars worth of opportunity for ancillary businesses serving retailers.
These include everything from software, to advertising, to staffing, to packaging, to insurance, to potency and purity lab testing. These satellite business are simply serving existing retailers. In addition, business opportunities abound to serve patients' needs (ie. consumption devices) and support for cultivator's (ie. plant nutrients) and investors (ie. market data).
The ArcView Group is facilitating the emergence of the legal cannabis industry by connecting forward-thinking investors and visionary entrepreneurs. The ArcView Group will choose a date and location of the first Cannabis Investment Forum based on investor and entrepreneur availability.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/03/25/prweb8239245.DTL#ixzz1HjDws9kn
I read some absurd drivel that claimed that Phillip Morris purchased the rights to the name "Marley," for future packs of blunts.
From Humboldt Living:
In order to compete in the post-legalization world of corporate entities and government taxation many have suggested (including Humboldt Living) an official Humboldt marijuana brand name. The following is the basics for creating a 1000 growers cooperative based in Humboldt County.
The high-grade marijuana will be produced in the outdoor terroir of Humboldt County under strict organic guidelines and will be called Humboldt Gold.
DOES THAT MEAN ONLY ONE KIND WILL BE GROWN?
It will be 2% of the overall statewide demand and target the high-end niche market (essentially the same price that is currently paid).
SO THE PRICE IS NOT DETERMINED BY THE MARKET SUPPLY AND DEMAND?
Humboldt Gold will be sold in recycleable glass jars in 1/4 ounce, 1/2 ounce and full ounce containers.
WHY GLASS? NITROGEN PACKED FOIL IS BETTER! LIGHTER ALSO.
The price per pound for dispenaries will be $3300.
UNBELIEVABLE!!! PRICES HAVE FALLEN FOR THE PAST DECADE, YOU ARE GOING TO STOP THAT? HOW?
This accounts for the $800 legalization tax, $500 of charitable donations and $400 in official Humboldt Gold Cooperative testing, certification, packaging, marketing and sales. It also includes a $200 per pound minimum wage for all trimmers. This leaves the landowner / grower with a net profit of $1500 per pound with a strict maximum of 42 pounds per year. Each grower can therefore net $63,000 per year.
$800 TAX? ON A PRODUCT THAT SELLS FOR $3300 THAT IS ALMOST 25%, CRAZY.
$500 TO CHARITABLE DONATIONS? IF 42 POUNDS THEN THAT IS $21,000 OR 1/3rd AS MUCH AS THE GROWER GETS TO KEEP BEFORE EXPENSES.
$400 A POUND FOR TESTING, CERTIFICATION, PACKAGING, MARKETING, SALES? WHAT ABOUT CANNABIS THAT DOES NOT PASS TESTING? IT ENDS UP ON THE BLACK MARKET, NO ONE WILL TOSS THEIR UNCERTIFIED CANNABIS, WISE UP....
AND $400 A POUND IS A LOT FOR WHAT YOU GET IN RETURN.
$200 A POUND FOR TRIMMERS? I THOUGH DIFFERENT VARIETIES REQUIRED DIFFERENT AMOUNTS OF LABOR TO TRIM? I GUESS NO ONE WILL TRIM THE HARD TO TRIM BUT POTENT VARIETIES?
THE GROSS PROFIT IS $63,000 NOT THE NET, ARE YOU THAT BLIND? WHAT ABOUT THE EXPENSES TO HAVE A GROW?
All marijuana produced under the Humboldt Gold seal of approval will require the following:
* Marijuana must be produced within the Humboldt County borders.
NOT SO EASY TO PROVE OR MONITOR.
* At least a 20% THC content verified by the HG testing labs on a per pound basis.
THC, AS WELL AS THE OTHER CANNABINOIDS IF PRESENT, AS WELL AS THE TERPENE PROFILE AND %'s. THC MEANS LITTLE WITHOUT THE OTHER CANNABINOIDS & TERPENE ANALYSIS.
* 100% organic growing techniques and fertilizers certified by HG inspectors on a weekly basis and by thorough final product testing.
THEY WILL NEED TO TEST FOR PESTICIDES AND FUNGICIDES AT LEAST.
* A mold-free certification for each pound produced.
IS THAT FOR BOTRYTIS, OR POWERY MILDEW, OR DOWNEY MILDEW, OR THE OTHER MOLD PATHOGENS?
* A mite-free certification for each pound produced.
WHAT ABOUT APHIDS, THRIPS, LEAF MINERS, WHITE FLYS, CATERPILLARS, AND ALL THE OTHER INSECTS THAT PREY ON CANNABIS?
* A moisture content in the 12-15% range for all packaged marijuana.
GROWERS WILL ONLY SELL CANNABIS THAT IS 15%, WHY LOSE 20% OF THE WATER WEIGHT WHEN YOU WILL PAY FOR IT?
* Strict adherence to the HG officially sanctioned drying and curing process.
WHAT IS THE OFFICIALLY SANCTIONED PROCESS?
* A air-tight and moisture-proof glass jar with tamper-proof packaging.
HOW DO YOU GET THE GLASS JAR AIR TIGHT? VACUUM SEALERS REMOVE TERPENES, NOT A GOOD IDEA, FOIL PACKAGES WITH NITROGEN IS MUCH BETTER.
* A printed listing of both the certified strain, strain history, regional designation and a production date.
HUMBOLDT GOLD IS NOT THE NAME TO BE USED FOR ALL? CAN ANY STRAIN BE GROWN EVEN IF NEVER GROWN IN HUMBOLDT BEFORE?
* A 16.8% charitable donation
WHAT IF YOU DO NOT WANT TO DO THIS? WILL IT BE REQUIRED? IT IS NOT A DONATION IF IT IS REQUIRED.
* A minimum wage paid to all trimmers.
THAT IS A LOT DIFFERENT THEN JUST $200 A POUND.
* A $50 per Ounce Tax to fulfill the California State Law.
IS THAT ON WHOLESALE OR ON RETAIL OR ON BOTH? IF BOTH THEN UPTO HALF THE PRICE IS TAXES. TAX FREE BLACK MARKET CANNABIS WILL BE ABLE TO EASILY COMPETE IN SUCH A MARKET.
The following is the pricing breakdown per pound of marijuana as it will be distributed to the various entities of the marijuana cooperative:
LINK DOES NOT WORK.
There will be huge investments made and lost. People with jobs in the new industries will be lost.I still feel that Kym Kemp is a total twat, she's more into shameless sensationalism, and blatant self-promotion.
LoCo isn't a 21st century KMUD/CLMP, like they are trying to model themselves after..
Their unique brand of yellow journalism and prismatic coverage of topics disgusts me.