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9 US cannabis companies to watch

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9 US marijuana companies to watch

The American marijuana is generating a lot of interest. A strong market currently estimated at $50 billion, it sees start-ups diving headlong into the pursuit of green gold. Here are the 9 most promising American companies:

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  • Colorado Cannabis tour Michael Eymer, the founder, helps tourists to reserve weed-friendly hotels in Denver, in addition to bringing each guest a bag of weed in their room. His company also organizes outings to local cannabusinesses and dispensaries.
  • Created in 2010 by Scott Van Rixel, a renowned chocolatier, Bhang Medicinal Chocolate produces cannabis-based consumables (chocolate, sweets) and vaporizers. He sold 60% of his company in 2014 for $39 million.
  • Loto Labs was founded on an Indiegogo campaign that raised $228,000. Its product: an induction vaporizer dubbed the Evoke. The vaporizer was designed by Cambridge physics engineer Andrew Bleloc. It comes with a wood finish, a ceramic pipe and Bluetooth sensors that let you adjust the vapo's heat and manage battery life via a smartphone app.
  • FlowHub is a weed-tech company that will disrupt the current seed-to-sale software business (seed-to-sale), for marijuana growers. Still in private beta, it plans to expand rapidly to more dispensaries and other customers.
  • Founded by entrepreneur Jeff Foster, JaneFour20 is a payment system that will be deployed in 25 dispensaries this year. These ATMs take weed orders, collect customer payments and record each transaction to ensure financial compliance. They will also eliminate the risk of money laundering by dispensaries.
  • Light supply is essential for cannabis cultivation. The company iGrow, which produces induction bulbs for farms, promises a 10-year life for each bulb. It has just signed an agreement with the US government to supply farms in Mississippi with induction spotlights.
  • In 80 years, cultivation data from cannabis farms has never been officially recorded. Good cultivation practices, the most popular types of cannabis and the best nutrients to use circulated only by word of mouth. No more with the Grow Buddy which will help marijuana growers collect data and improve their crops.
  • Magical Butter sells a kitchen appliance for enthusiasts who want to cooking with Marrakech butter and oil infused with THC. It sold 4,500 units a month in 2014.
  • Short of manpower to harvest your plants? Hemp Temps will find you temporary pickers.

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Aurélien founded Newsweed in 2015. Particularly interested in international regulations and the various cannabis markets, he also has an extensive knowledge of the plant and its uses.

3 Comments

  1. Kim B

    November 28, 2015 at 17 h 06 min

    Hello,

    Do you know if a cannabis company in the USA is allowed to go public?

    Thank you in advance,

    Kim

    • NewsWeed

      November 28, 2015 at 20 h 37 min

      Hello @disqus_eTzpL3w7VD:disqus.
      Yes, US cannabis-related businesses have every right to go public. We'll be doing an article on the subject next week 😉

      Have a nice evening!

      • Kim B

        November 29, 2015 at 11 h 14 min

        I'd love to read it!
        Thank you for all the work you do. I love this site, I find it nothing but good. Although I would love to read more articles.

        If you need any help with moderation, editing or anything else, I'll be happy to oblige!

        Kim

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