The cannabis industry is growing like wildfire. As we pointed out in this article, the industry is on track to be worth $21 billion dollars and has the potential to reach $35 billion. Now that people are starting to open their eyes to this opportunity (it’s about time), many cannabis businesses are sparking up all over the place. Interested in knowing what’s hot right now? Here are 8 companies to watch out for.
Eaze, the company that is being called the “Uber for weed,” promises to deliver medical marijuana to your door in less than 20 minutes. Helping boost its popularity are investments and endorsements from high profile people. First, Jimmy Kimmel joked about the app on his show just after it launched, then Snoop Dogg’s new company, Casa Verde Capital, committed $10 million dollars in a recent investment round.
2. Flow Kana
Many cannabis lovers dislike the idea of middlemen in the cannabis industry. For them, their marijuana should be organic and the money should be going straight to the farmers who took the time to care for and grow their ganja. If this reflects your views, Flow Kana is the perfect app to support local farmers. It’s also helpful if you want to know exactly where your marijuana is coming from.
3. Bhang Medicinal Chocolate
We may offer some pretty great recipes, but we understand that sometimes you’re not always in the mood to be bake or cook yourself. For these instances we suggest Bhang Medicinal Chocolate. This company has made chocolate for years, selling retail through places like Whole Foods and has now moved into the edible cannabis market.
4. Marley Natural
We all knew it would happen, but now it’s finally here. Marley Natural is the official cannabis brand of Bob Marley. Backed by the ever so powerful Privateer Holdings private equity firm, Marley Natural is set to launch later this year.
5. GW Pharmaceuticals
Want to discover new strains, learn more about your favorites, or find out where to buy the ones you love? Leafly has got you covered. In fact, its database is home to more than 800 unique marijuana strains and products. Leafly was founded in June 2010 and was acquired just over a year and a half later by Privateer Holdings private equity firm.
7. Abattis Bioeuticals Corp.
The Canadian company, Abattis Bioeuticals Co., provides equipment and consulting services to growers from seed to sale and everything in between. This corporation now owns five companies which assists and offers services to medicinal markets in North America.
A social network just for cannabis lovers? Sign us up. This app has received over $600,000 in funding and has over 325,000 registered users. Despite a little bit of trouble with the app store, MassRoots is back and bigger than ever.
Did we miss any hot new marijuana companies? Let us know!
Featured image Atomazul