First Harvest Financial Partners in Launch of Legal Medical Cannabis Documentary Initiative

Robert McCann, Director of Business Development

First Harvest Financial, a leading educational firm in the legal medical cannabis space, created a web-based resource where legal cannabis startups can interact with corporate executives, serial entrepreneurs and technology accelerators. First Harvest Financial brings together visionary entrepreneurs and medical marijuana advocates looking to strategically enter and capitalize on growing and creating therapeutic cannabis based solutions. Their vision is to improve the quality of life for patients who are dependent on medical cannabis therapies.

Cannavoices, Inc., a premier legal medical cannabis digital media company, launched “Cannavoices,” an unprecedented digital video that set out to investigate this perplexing and highly controversial topic and share their findings in a documentary. Their initiative aims to be the largest and most dynamic collection of legal medical cannabis stories ever assembled.

Cannavoices, Inc. announced earlier this month its early stages of an expansion into the legal medical cannabis media space. They have chosen to partner with First Harvest Financial due to their unprecedented ability to enhance knowledge and understanding about the history and culture of cannabis.

First Harvest Financial is comprised of a talented leadership team that has extensive experience in leading organizations to high-growth within industries such as marketing, finance and technology. Together the firm leaders have over 75 years of experience and nearly 50 industry partners and networks, as well as over 200 social media networks where anyone can be part of the conversation about innovative therapies that are being developed.

First Harvest Financial provides the unique opportunity for like-minded strategic partners to come together and work toward achieving market dominance. They specialize in providing mentorship, guidance and funding.

“First Harvest is a private equity firm that invests in ancillary medical cannabis related companies. We’re primarily made up of over 20 investment advisors that have collectively raised, managed, and advised in excess of 475 million dollars,” said Robert McCann, Director of Business Development of First Harvest Financial. “But what’s really unique about the First Harvest family is most of the team has been familiar with each other for the last 20 years. We all have some type of health story whether it’s a family member or loved one that could’ve had improved health if medical cannabis were fully legalized.”

First Harvest Financial believes that our society will continue to voice the necessary shift in cannabis prohibition laws since the need for holistic therapies hits close to home for so many families.

“There’s a potential to create great value and wealth in this space, but that’s not what drives the First Harvest team. What really drives the First Harvest team is compassion. We see an opportunity to re-purpose our skill sets in a manner that, beyond capitalism, could actually improve the quality of life for millions of patients,” said McCann.

Most doctors know little or nothing about medical cannabis. However, this is changing in the United States in part because the public is demanding it and also because new scientific research concludes the benefits of medical marijuana.

“We have barely even scratched the surface because it’s been so hard to do any research,” said Dr. Gregory L. Smith, M.D., M.P.H. “These new companies that are funding research and funding growth so they can do their own research are vital to the next phase of medical marijuana.”

To learn more about First Harvest Financial including the complete description of the First Harvest Financial mission, please visit

For more information, please contact First Harvest Financial at 1-888-217-5840.

About First Harvest Financial

First Harvest Financial, Inc. works directly with those professionals looking to strategically enter and capitalize on growing and creating therapeutic, cannabis-based solutions in today’s marketplace. The firm provides a platform for legal cannabis startups to interact with corporate executives, serial entrepreneurs, and technology accelerators. For more information, please visit:

Medical and Recreational Marijuana Growing in the US Industry Market Research Report Now Available from IBISWorld

New York, NY (PRWEB) April 09, 2015

The Medical and Recreational Marijuana Growing industry has flourished over the five years to 2015. For decades, all marijuana transactions in the United States were conducted under implicit or explicit prohibition. However, states have increasingly moved to legalize nonprofit marijuana for medical purposes, as well as to implement regulations for organizations that sell cannabis. “The growing acceptance of medical marijuana is providing growers and investors with unprecedented opportunities,” says IBISWorld Industry Analyst Dmitry Diment. “There has been no shortage of demand in recent years, as the industry has benefited from increased acceptance of the legitimacy of medical marijuana products.”

Recently, the legalization of recreational marijuana in Colorado and Washington has spurred additional demand for the industry. In 2014, the licensing of commercial recreational marijuana growers in these states contributed to industry revenue growth of 54.7%. In addition to the favorable regulatory environment in these states, medical marijuana growers have continued to benefit from the steadily aging population. Chronic illnesses have become more prevalent as the population continues to age, driving demand for medical marijuana. Overall, the industry is expected to experience annualized revenue growth of 30.2% to $ 1.9 billion in the five years to 2015, including growth of 25.1% during the current year.

According to Diment, however, “The industry will remain at risk until the federal government definitively changes its position on the legality of marijuana. Until then, a growing number of medical marijuana patients, as well as a burgeoning recreational cannabis legalization movement, will spur demand for the industry.” Rising demand is also forecast to widen profit margins, as is the success of the for-profit recreational marijuana business in Colorado and Washington. In particular, the next five years are expected to see the growth of large commercial cultivators, who will benefit from strong recreational demand across a number of states, including Alaska, Oregon and the District of Columbia.

For more information, visit IBISWorld’s Medical and Recreational Marijuana Growing in the US industry report page.

Follow IBISWorld on Twitter:!/IBISWorld

Friend IBISWorld on Facebook:

IBISWorld industry Report Key Topics

This industry’s establishments grow marijuana for medical and recreational use. Most operators are nonprofit collectives that provide medical marijuana to other collective members. Transactions are typically conducted on a donation basis because the sale and distribution of marijuana is illegal in most states that permit medical marijuana. The industry also includes operators in Colorado and Washington, who grow medical and recreational marijuana on a for-profit basis.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalization & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

More Colorado Press Releases

National Expansion For Medical Marijuana Clinics Announced

Lafayette, CO and Norton Shores, MI (PRWEB) April 07, 2015

Liberate Physician Management LLC and Liberate Physician Centers announced today the national expansion of its medical marijuana physician centers into all 23 states that allow the use of medical cannabis, and will elevate patient care through a licensure program that establishes the nation’s first uniform Standard of Care for medical marijuana therapy.

The company’s licensure program is designed to help doctors, entrepreneurs, health care providers and others enter the rapidly growing medical marijuana industry.

“The single commonality among all states with medical cannabis programs is the requirement of a physician certification allowing a patient to use medical marijuana,” says Daniel J. Reid, chief executive officer of Liberate. “Understandably, states want to ensure patients are under a doctor’s care, but the reality is that patients often are forced into the shadows to find a doctor willing to provide the required certification,” he says.

“Liberate’s licensure program gives physicians and entrepreneurs the ability to help patients have access to medical marijuana therapy, and does so by mainstreaming this treatment option for the millions of people suffering from serious illness and debilitating medical conditions,” he says.

Reid is a leading patient advocate and business owner in the medical marijuana industry. He co-founded the first medical cannabis business in Illinois, established a national patient advocacy organization, and opened physician centers in Michigan and Illinois leading into the national expansion of Liberate.

“The medical marijuana industry is a three-legged stool,” Reid says. “Physician certification is the primary leg, since this is required in every state with a medical marijuana program. Producers of medical marijuana are another leg, and dispensaries are the third leg. The system mirrors traditional medicine with physician certification for medical marijuana the equivalent of a prescription, producers and cultivators acting as pharmaceutical companies, and dispensaries serving as pharmacies. There are nuances from state to state, but conceptually this is how state programs work.”

Liberate licensees will operate under the brand Liberate Physician Centers.

“We’ve been testing, holding focus groups and refining the licensure concept over the past six months with physicians and business people that might have a logical interest in owning and operating a Liberate Center,” Reid said in making the announcement. “In fact, we already have received commitments for licensures in three states and are in active discussions in three other states based on our outreach to test and refine the licensure concept,” he said.

“We have worked with thousands of patients afflicted with medical conditions approved under state law as qualified for medical marijuana therapy, and have certified patients for the use of medical cannabis,” Reid says.

Essentially, Liberate’s licensures provide independent owner/operators a full range of services and training in how to operate a medical marijuana physician center under the Liberate Physician Centers brand. Among licensed services are ongoing training, regulatory guidance, business and back-room operations, marketing support and training, medical review, provision of required patient forms and other necessary documentation, and a full suite of services designed to promote the success of each licensed location.

“Liberate offers expertise to physicians and entrepreneurs,” Reid says. “Our licensure program provides a gateway for people wanting to own a business in the medical marijuana industry. Our knowledge, experience and processes give much needed protection to physicians that might otherwise feel reticent about certifying patients because of restrictions – both real and perceived – imposed by hospitals, peers and others.”

All Liberate facilities will operate under Liberate’s ‘Standard of Care’ that details how patients will be treated and certified. Liberate’s Standard is the nation’s first relative to medical marijuana, and addresses the emergence of so-called ‘pot docs’ in some states, whereby minimal medical review standards are often ignored.

“It’s time to bring the medical marijuana certification process into the open, and give people with debilitating medical conditions and approved chronic illness a reliable, professional place to turn,” Reid says.

“The barriers to entry into the medical cannabis industry have been prohibitive and expensive,” Reid says. “Our licensure program allows people wanting to become business owners ease-of-access to entry at a price that is affordable. Our goal is to expand patient access to medical marijuana therapy, and do so in a manner that conforms to the same medical standards that exist in the practice of traditional medicine.”

Licenses to operate a Liberate Physician Center are being offered in all states that currently allow for medical marijuana, as well as states that are expected to approve medical marijuana in the next two years.

“The traditional medical community has been resistant to embracing medical cannabis for many reasons, mostly because of legalities and fears that don’t put patients at the forefront,” Reid says.

Liberate’s management team includes medical professionals and senior executives with proven expertise in medicine, marketing, public affairs, technology, hospital and physician-group operations, franchising, pharmacy, medical training and education, medical marijuana, management consulting and other disciplines.

In addition to Reid, among those on Liberate’s management team are Dr. Marla Gendelman, Jeff Colvin, Dr. Mayur Shah, Gary Judd, Mark Turgeon and Bill Sheerin.

Gendelman is a board certified anesthesiologist and serves as Liberate’s Chief Medical Officer. Colvin is Chief Executive Officer at Acustream, a Colorado-based company that works with hospitals and physician groups in optimizing revenue streams through technology applications. Previously, he was co-president of the IT consulting firm Rapidgm, acquired by Fujitsu in 2006.

Dr. Mayur Shah is Chief Executive Officer of MK Education, a Chicago-based firm that trains and certifies medical staff and technicians. He also owns and operates Broadway Avenue Pharmacies in Chicago and has two decades of experience in business management, pharmacy, healthcare, healthcare education, emergency care, hospital pharmacy and pharmaceutical sciences. Recently, he was among the recipients of a medical marijuana dispensary license issued by the State of Illinois after a highly-competitive application and review process.

Judd is based in Dallas and was the architect of the national expansion of Fox & Hound, a bar and grill company with over 90 locations. Turgeon is based in San Francisco and is a leading business owner and consultant in technology businesses over the past 30 years. Sheerin purchased and consolidated hotels, then converted them into a single national brand. He is based in Colorado.

“Anyone interested in owning a medical marijuana business should get in touch with our company,” Reid says.

Find More Law Press Releases