If you think two or three powerful companies owning and controlling the sales of all regulated marijuana sounds like a good thing, you can click away from this article. But if the thought of a market ...
Cannabis companies are selling off growing facilities, stores and warehouses as they try to better align their offerings with demand. Industry observers say demand for cannabis is high, but there are ...
Three years after Canada legalized cannabis, the industry appears ready for a reset. When midnight struck on Oct. 17, 2018, Canada became the first developed nation to allow the sale of cannabis for ...
Despite stagnant revenue, layoffs, facility closings and big losses, the top executives of some of the largest cannabis companies in Canada were awarded millions in bonuses and performance stock gran ...
It’s been just three short years since cannabis was legalized in Canada, but it’s already clear the nation’s exorbitant taxation on cannabis cultivators is not only unsustainable; it’s killing craft ...
Back in 2018, during those months before Canada legalized recreational cannabis, things were good for the pot industry. Companies were being hyped as pioneers in “the green frontier” and “proof that ...
Cannabis producers in Canada have sold less than 20% of their production since the country launched adult-use sales in October 2018, according to an MJBizDaily analysis. The newest data – which runs ...
In recent years several African governments have changed their stance and implemented policies that legalise cannabis cultivation, manufacturing and processing, mostly for the export market. In south ...
Many cannabis cultivation workers share common challenges. They frequently lack a living wage, benefits (like health care and retirement plans) or pathways for professional development. Workers and a ...
Congressional Democratic leaders filed a marijuana legalization bill last week aimed at remedying the injustices of the drug war. But my experience as a regulator overseeing the implementation of Mas ...
The rally at the state capitol on April 20, the unofficial holiday for pot aficionados, brought out green-wigged supporters ringed in wisps of smoke. These days, they are far from the only people adv ...
Tilray Inc. shareholders approved the merger with Aphria Inc., creating a cannabis powerhouse that’s both the largest medical marijuana company in Europe and a major player in Canada’s recreational m ...
A company in Lesotho has become the first in Africa to receive a licence to sell medical cannabis to the EU. The country’s top medical cannabis producer, MG Health, announced it had met the EU’s good ...
When Prime Minister Justin Trudeau’s government’s legalized marijuana in 2018, a primary goal was to create a more equitable justice system — not a major new business sector. Investors, however, thou ...
Learn how lessening the barriers for small farmers while raising them for large companies can help to steer legal cannabis markets in a more sustainable and equitable direction based on principles of ...
Cannabis deals in Europe will help pot giant Aphria build up a war chest ahead of an expected frenzy of mergers and acquisitions in the U.S. High-margin medical cannabis agreements in Europe represen ...
I helped write Amendment 64, litigated numerous cases before and after 64 to make it a reality, and also helped design implementing regulations at the state and local levels.I wish I could be proud o ...
Big Tobacco has been planning for this moment for decades. A 1983 industry list titled New Product Ideas, made public as part of a court settlement, reveals that tobacco companies even then were anti ...
Reforming the Cannabis industry into one which earns maximum benefits globally, is the goal of newly appointed Chairman for the Cannabis Licensing Authority (CLA), LeVaughn Flynn. Flynn, who has writ ...
New York became the latest state to legalize recreational cannabis, and is poised to become one of the nation's largest markets. The multibillion-dollar business opportunity would be lucrative for ca ...
The Black Farmers' Association of South Africa (BFASA) have threatened to shut down the regulatory authority for allegedly excluding them from opportunities in the rapidly growing cannabis industry. ...
Mexico’s lower house has approved a bill that would legalise the recreational use of cannabis, putting the country on the path to becoming one of the world’s largest regulated markets for the drug. T ...
British American Tobacco said it will buy a nearly 20% stake in Canada-based cannabis producer Organigram for about 126 million pounds ($175.8 million) as it seeks to expand beyond its main tobacco b ...
Altria, one of the world’s biggest tobacco companies, is well on its way to also being one of the world’s biggest and most influential cannabis companies. After spending $1.8 billion to buy a stake i ...
Cannabis companies are positioning themselves for the greater likelihood that federal cannabis restrictions will be loosened significantly. Sales are already booming. Cannabis sales hit $20 billion l ...
Mexico’s health ministry published rules to regulate the use of medicinal cannabis, a major step in a broader reform to create the world’s largest legal cannabis market in the Latin American country. ...
In the past decade, 15 states have legalized a regulated marijuana market for adults over 21, and another 17 have legalized medical marijuana. But in their rush to limit the numbers of licensed vendo ...
Tilray and Aphria, two of the biggest marijuana companies in Canada, announced plans to merge and create the world’s largest cannabis outfit. With existing medical and recreational cannabis businesse ...
Producing and selling hemp inflorescences (clusters of flowers on a stem) with a low THC content has been legal in Switzerland since 2017. However, this market has not proved to be the gold mine that ...
On November 19, the Senate began debating a bill that would make Mexico the third country in the world, after Uruguay and Canada, to legalise cannabis for recreational use nationwide. For Mexico, the ...
It's the moment for which advocates of legal marijuana here have been waiting: Mexican lawmakers, working under a court order, have until mid-December to finalize rules that will make the country the ...
A policy brief by the Centre on Drug Policy Evaluation and the University of Toronto looked at c-suite level executives, parent companies and licensed producers in Canada. The research reveals that t ...
Senate majority leader Ricardo Monreal expects a law to be passed before December for recreational use of the drug, allowing regulated private firms to sell it to the public. Indeed the legal cannabi ...
Finance minister Tito Mboweni expects the newly legal cannabis industry to pour an estimated R4 billion into the government’s dwindling tax coffers while simultaneously unlocking the country’s stagna ...
Two years ago, the Constitutional Court of South Africa decriminalised the possession and cultivation of cannabis in private by adults for personal private consumption. It was a historic day that lef ...
The U.S. company Stem Holdings reported in 2019 that it had “received preliminary approval to become the only licensed growing farm and processing plant for medical cannabis and industrial hemp in Th ...
Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp. South America’s largest economy leads the world in several commodities markets, and ...
Significant policy shifts have led to an unprecedented boom in medical cannabis markets, while a growing number of countries are moving towards the legal regulation of adult non-medical use. This tre ...
Canopy Growth’s chief executive earned 1,042 times more than the median compensation for the cannabis producer’s other employees in fiscal 2020. The partial-year compensation for CEO David Klein was ...
The referendum on legalising recreational cannabis use is just over a month away. Campaigns for and against the change are well under way. We’ve had expert reports from the Helen Clark Foundation, th ...
King Mswati allegedly entered into a deal with Stem Holdings and manipulated provisions of the Prevention of Organized Crime Act (POCA) by unleashing police officers on dagga farmers after Parliament ...
Central Asia has a great climate for growing cannabis. The plant, which is indigenous to the region, blankets hillsides and reveals itself stubbornly in urban parks. Archeological evidence suggests c ...
Canada needs to open as many as 4,000 cannabis stores, more than triple the current number of licensed outlets, if policymakers want to eliminate the illicit market, according to the head of one of t ...
Did dagga growers influence MPs? The withdrawal of the Opium and Habit-Forming Drugs (Amendment) Bill No.06 of 2020 in the House of Assembly, has raised more questions than answers. Dagga grower Jama ...
The Ganja Growers and Producers Association (GGPAJ) says despite the success of several Cannabis Licensing Authority (CLA) operators, Jamaica's regulated cannabis industry has failed to live up to it ...
Some of the biggest cannabis players when legalization took effect 20 months ago have successfully held on to their dominant positions, despite a year of bankruptcies, downsizings, revoked licences, ...
MedMen looked to become the Apple of pot, the first mainstream, nationwide consumer brand for the product that drove so many Americans to ingest and invest. Marijuana liberalization was sweeping the ...
Aurora, a Canadian listed cannabis company, has sold its Jamaica asset for less than its CDN$4.5 million valuation in order to get cash. “The company also accepted an offer to sell its Jamaica prope ...
The Cannabis Licensing Authority (CLA) has established interim measures to facilitate online sales by licensed retail herb houses to registered patients in keeping with the Government's initiatives t ...
According to cannabis industry analytics firm Headset, pot sales in the United States spiked in mid-March, with sales growth peaking at 64% in the week ended March 16 — the highest growth rate since ...