STAMFORD, Conn., March 2, 2016 /Weed Wire/ — Cannabis Benchmarks®, a division of New Leaf Data Services, LLC, announced today the launch of its Professional Service in partnership with GlobalView.
“For the first time ever investors, traders, analysts and other industry participants can conduct detailed monitoring and analysis of cannabis price data in the broader context of agricultural commodity market data, macroeconomic data, weather data, regional electricity prices, and more using a highly flexible and customizable set of tools,” said Jonathan Rubin CEO of New Leaf Data Services.
GlobalView is an internationally-established leader in commodity data aggregation, distribution and analytics. Rubin continued, “The fact that a premier player is embracing this emerging market is a milestone of commercial acceptance of historic importance. It will bring tremendous credibility to the cannabis industry as a whole.”
“The introduction of cannabis price data into our MarketView® product suite is unprecedented and demonstrates that cannabis is becoming a viable alternative for traditional commercial farmers facing the millennia-old question of crop switching and rotation,” said Charles Trauger, Global Director of Agriculture at GlobalView. He continued, “From farmers to traders, participants along the traditional farming value chain will want to understand the opportunities that cannabis presents and how it may impact their current businesses, including the cost and availability of competing inputs/feedstocks.”
About Cannabis Benchmarks®
Cannabis Benchmarks® is a division of New Leaf Data Services, LLC. Our mission is to bring transparency and efficiency to cultivators, dispensaries, investors, traders, and other cannabis market participants through validated production cost data and standardized wholesale price benchmarks. As the sole provider of U.S. Spot and Forward wholesale cannabis price assessments, Cannabis Benchmarks® is the trusted source for pricing information that allows market participants to make informed business decisions. For more information, please visit: www.cannabisbenchmarks.com.
GlobalView has been providing innovative market data solutions since 1996 to commodity professionals around the world. Its mission centers on delivering timely and reliable support alongside its MarketView suite of tools to help corporations track and analyze commodity market data for smarter trading, risk management, and compliance decisions. GlobalView offices are in Chicago, Houston, Calgary, London, Singapore and São Paulo. Learn more at www.marketview.com.
Jaenneke Wolf, Marketing Director
Want to know the most important factor for being a respected professional in today’s legal cannabis industry? Reputation.
Chris Bunka, the CEO and Chair at Lexaria Corp. (CSE: LXX) (OTCQB: LXRP), suspects that market-makers and broker-dealers are engaged in something potentially illegal and certainly untoward in connection with the stock of the company.
For the first time an event that is clearly geared towards opportunities for profit in the legal marijuana industry takes a hard look at the risks associated with the decision to go legal—not just the financial risk, but the social and moral risks associated therewith.
Source: MJI News