2019 Cannabis Trend Report: AxisWire Releases the Third Annual Market Trend Overview
Los Angeles, CA – September 30, 2019 /AxisWire/ AxisWire, the industry’s first newswire distribution service and PR tech-suite dedicated solely to the cannabis industry, and The Green Market Report (GMR), the cannabis industry’s most trusted source for credible in depth financial and economic reporting, announced today the publication of the third annual Cannabis Trend Report.
The Cannabis Trend Report is an annual review of the ways in which the cannabis industry is changing and disrupting market paradigms. So far, 2019 has been a huge year for advancement in cannabis as an industry. Major institutional investment has poured into the industry for the development of brands, companies have signed on talent ranging from Jay Z to Seth Rogan, shareholders for the two largest cannabis companies in the world, Canopy Growth and Acreage Holdings, approved a $3.4 billion merger, CBD has become on of the most popular terms in business and media, and the industry is evolving slowly toward an event model that allows for public consumption with California as a test subject.
“2019 has been a year for the market reaching the next level. The trends reflect the benefits of the 2018 Farm Bill and the significant investment the industry has received,” said Cynthia Salarizadeh, Founder of AxisWire and Co-founder of Green Market Report. “This industry continues to represent lucrative opportunities for investors and entrepreneurs. 2018 was an exciting year for cannabis, and the results have accelerated rapid growth for every sector in the industry for 2019.”
This report is produced by AxisWire and published in partnership with Green Market Report.
The 2019 report not only takes you through the current trends in cannabis but also gives you an updated recap of the trends found in last year’s 2018 Cannabis Trend Report.
The topics covered in the 2019 Cannabis Trend Report include:
- The Sophistication of Cannabis Brands
- CBD Goes Global
- Media Consolidation
- Distribution Is King
- Multi-State Operators Rule
- Wall Street Has A Foot In The Door
- Manufacturing Infrastructures Are Here
- Consumption Events Take Root
Download the 2018 Cannabis Trend Report for free at GreenMarketReport.com/Reports.
About AxisWire:
AxisWire, headquartered in Los Angeles, is the industry’s first tech platform designed for cannabis entrepreneurs to expose their brands and cannabis journalists to seek out breaking stories. The platform provides a newswire distribution and PR tech suite of services including press release distribution, press release writing, consulting and compliance services. AxisWire also features the STAR Source Locator specific to the cannabis industry to assist in facilitating story development between journalists and brands. This platform was created and now operating through a collaborative merger of the most influential and innovative PR and marketing firms operating within the cannabis industry. AxisWire is positioned to sit at the center of all things cannabis media. For more information, please visit AxisWire.com. Follow us on Facebook and Twitter @AxisWire.
About Green Market Report:
The Green Market Report (GMR) is headquartered in the Financial District of New York City with an office in Los Angeles. GMR is poised to be the center for trustworthy business, financial and economic news and intelligence. The site offers coverage on financial matters including news briefs on business, cultivation, and extraction, cannabis company stock prices, and wholesale cannabis pricing. For more information, please visit GreenMarketReport.com or email info@greenmarketreport.com. Follow us on Facebook, Instagram and Twitter @GreenMarketRpt.
Media Inquiries:
Rosie Mattio
Mattio Communications
rosie@mattio.com