Image from inside a Kindman Grow facility
~
(DENVER) February 17, 2015 -- More institutional investors are on the move, and looking to take part in Colorado’s burgeoning cannabis industry.
 
On Monday, Houston-based Taylor Consulting (TAYO) announced representatives from Third Avenue Development, the firm’s recently-created real estate investment and development division, were traveling to Colorado this week; to begin exploring investment opportunities in what the company calls “the fastest-growing industry in the United States.”
 
A company also quoted a recent Washington Post analysis of Colorado tax data, which determined the state’s legal marijuana industry reached a $700 million valuation last year.
"Colorado represents the cutting-edge of this nationwide industry," Taylor Consulting CEO Scott Wheeler said in a press release.
 
 "There's currently a major shortage of suitable commercial real estate for the industry,” he continued. “We're making it a priority this year to build up our portfolio of cannabis-friendly properties in Colorado and other emerging markets, potentially exposing our investors to the historic growth in value that this sector is experiencing."
 
And Taylor Consulting’s announcement validates what many working in the legal cannabis have known for some time, said Ryan Fox, founder and CEO of Kindman Cannabis – one of the oldest and biggest legal recreational cannabis producers and distributors in Colorado.
 
“The marijuana sector has not been properly evaluated by investors,” he said, “and certainly isn’t being evaluated like other traditional businesses, although it should be.”
 
While investment in brick-and-mortar assets like grow facilities and dispensaries are important, “what sets these cannabis companies apart is the value of their intellectual property,” Fox added, “things like their experience with cannabis production and manufacturing, as well as tangibles like logo, branding and company name.”
 
Along with his own operation, Fox pointed to two other Denver-based businesses -- marijuana infused drinks-and-edibles producer Dixie Elixirs and O.penVAPE, a leading manufacturer of cannabis oil vaporizers – as examples of companies that have succeeded in standing out and making a name for themselves in what has already become a very competitive legal cannabis market.
 
“You’re seeing companies that could be worth ten times their current evaluations within the next five to ten years,” Fox noted. “The (investment) entry point is about to go to a whole new level; where people will no longer be able to step in and start even as a mom-and-pop store without having some substantial funds behind them.”
 
And, according to Fox, those pioneering marijuana companies that can succeed in having their brands and products stand out in the current legal cannabis market have a better chance of succeeding as the market changes and evolves.
 

ABOUT KINDMAN

 
Established in 2009, Kindman provides customers with an unmatched cannabis product – grown in Colorado state-regulated facilities at indoor locations, using a customized process that combines food-grade nutrients and a unique soil mix that brings out the plant's best features. Close attention is paid to product cleanliness, quality, curing and processing.
 
Since the January 1, 2014 start of legalized sales of recreational cannabis to adults in Colorado, Kindman has provided high-quality marijuana flowers to tens of thousands of customers from over 100 countries.
 
For more information, visit: http://www.mykindman.com/
 
Bruce Kennedy ~ Life Marketing ~ February 17, 2015
 
~
July 19, 2019

You Can Now Buy Jeans Made Out…

A team of California denim experts are making big moves in the world of hemp fashion.
July 19, 2019

I wanted to try medical marijuana. Why…

Medical marijuana may have come to the states, but there is no integration with the medical community. Patients get their…
July 19, 2019

Hype, Hops, and a Lot of Hope:…

With the exception of CBD, few cannabis products have received as much corporate hype as weed-infused drinks.
July 19, 2019

Louisiana 'weeks’ away from medical marijuana rollout…

Medical marijuana could finally be available for Louisiana’s sickest patients in “the next few weeks," according to grower, GB Sciences’,…
July 18, 2019

Ohio lawmakers vote to decriminalize CBD oil,…

The Ohio House on Wednesday voted 88-3 in favor of legislation that would move Ohio closer to decriminalizing hemp and…
July 18, 2019

First Ever Pot Cafe To Open In…

The first ever cannabis cafe in the nation will open later this year in West Hollywood, right across from a…
July 17, 2019

Colorado: Five Weed-Friendly Cabins, Campgrounds and RV…

Colorado's very great outdoors attracted tourists long before legal cannabis did, but since recreational marijuana was legalized in this state,…
July 17, 2019

North Dakota farmers grow CBD hemp for…

At about a dollar a seed, this hemp has to be treated with the utmost care.
July 17, 2019

Worried about the bee population? A study…

Being wind pollinated, hemp plants produce large amounts of pollen that are attractive to bees.
July 17, 2019

Senate Schedules Hearing On Marijuana Business Banking…

In one of the clearest signs of marijuana reform's growing momentum on Capitol Hill, a Republican-controlled Senate committee has scheduled…