Tag: cannabis industry
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The Challenges of Medicinal Cannabis in Colombia
Monday, 30 September 2019In July 2016, the Colombian government enacted Law 1787, which regulates the use of medicinal cannabis and its trade in the country. With this decision and a series of subsequent resolutions, Colombi ...
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Cannabis industry hopes SAFE Banking Act will spark new wave of growth, especially in U.S.
Friday, 27 September 2019For the first time in history, the U.S. House of Representatives passed legislation to both validate and protect the burgeoning cannabis industry by giving it access to banks, credit unions and insur ...
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Caribbean gov’ts urged to take unified approach to cannabis trade
Friday, 27 September 2019St Vincent and the Grenadines Minister of Agriculture, Saboto Caesar is calling for Caricom and the Organisation of Eastern Caribbean States (OECS) to take a collective approach to the development of ...
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Cannabis: le Maroc peut-il surfer sur la vague verte?
Tuesday, 24 September 2019Le pétrole vert du Maroc fait saliver les nouvelles industries émergentes qui promettent des produits miracles à base de cannabis. Malgré les perspectives économiques prometteuses qui s'offrent au pa ...
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Why pot's illicit history is making it so hard for companies to get patents in the legal cannabis era
Friday, 13 September 2019When Canopy Growth Corp. announced a plan to acquire cannabis researcher Ebbu Inc. for US$330 million last October, it touted the company’s intellectual property as the primary reason for the deal, m ...
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One of the largest pharma companies in the world has made a big move in cannabis
Thursday, 12 September 2019A subsidiary of NYSE-traded giant Teva Pharmaceuticals has signed a deal with medical cannabis company Canndoc to distribute its GMP products to pharma customers, including hospitals, health maintena ...
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Colombia is turning into a major medical marijuana producer
Saturday, 07 September 2019Other countries are passing laws to permit the production, import and export of medical marijuana but Colombia has a leg up because it did so three years ago, says Rodrigo Arcila, president of the Co ...
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Black market pot entered CannTrust facility, flowed into legal market last year: Sources
Friday, 06 September 2019Senior operating staff working at CannTrust Holdings Inc.’s Pelham, Ont. facility late last year brought cannabis seeds from the black market into production rooms, leading to some illicitly-grown po ...
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The reason pot stocks will never recover
Friday, 30 August 2019Marijuana stocks. At a glance, they seem like a disruption investor’s dream... After all, it’s a multi-billion-dollar market opening up after 100 years in the shadows. It’s forecast to grow at breakn ...
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Roll up, roll up: capitalism will drive cannabis legalisation in Ireland
Friday, 23 August 2019It is inevitable that cannabis will be legalised in Ireland in the coming years. It may take five years or even longer for the prohibition to be fully lifted but it is an utter fallacy to suggest thi ...
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Weed investment boom sparks calls for City pot exchange
Tuesday, 20 August 2019Canada was once the centre of a gold rush, but now a "green rush" for cannabis is setting stock markets alight. As the world's most progressive country on cannabis legislation, Canada has become the ...
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Ganja export regulations to be finalised September
Friday, 16 August 2019The Jamaican Government is finalising legislation to allow for marijuana producers to export. Minister of Industry, Commerce, Agriculture and Fisheries Audley Shaw says producers could potentially ea ...
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'Growing outside is a dream': Asparagus makes way for cannabis in Canada's fields
Wednesday, 07 August 2019The amount of outdoor-grown cannabis will make up a small portion of the market this year — less than 10 per cent of the cultivation licenses granted in Canada are for outdoors — but many more are in ...
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The unbearable whiteness of weed: Canada’s booming cannabis industry has a race problem
Friday, 02 August 2019The Canadian cannabis industry is booming. From giant industrial operations such as Canopy Growth to smaller “luxury” cannabis retailers, to an array of cannabis “lifestyle” brands and “cannabis bran ...
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Canada's cannabis industry just beginning to bud
Wednesday, 31 July 2019Mark Rendell, a business journalists for Canada's second-largest daily, The Globe and Mail, says the decision to legalize cannabis has led to a gold rush mentality within the emerging industry. He sa ...
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Auxly Cannabis stock soars as British tobacco giant Imperial takes 20% stake
Thursday, 25 July 2019British tobacco company Imperial Brands is getting into the cannabis business with a $123 million investment in Auxly Cannabis, the Canadian company run by former Tweed founder Chuck Rifici. The Brit ...
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U.S. bankers are answering the call of cannabis as deals flow away from Canada
Tuesday, 23 July 2019After years of Canada dominating the world of marijuana finance, the country’s head start is evaporating and U.S. bankers are increasingly answering the call of cannabis companies. For investment ban ...
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Opposition MP calls for policy on cannabis
Wednesday, 03 July 2019Opposition spokesman on tourism, Dr Wykeham McNeill is urging the Government to formulate a policy framework to define its position on cannabis. Cannabis could provide opportunities, including a new ...
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Bruce Linton's firing signals it is time for the cannabis industry to start delivering
Wednesday, 03 July 2019The surprise ousting of the chief executive officer of Canada’s foremost cannabis company is a sign of things to come, some observers warned, as the young industry grapples with investor impatience i ...
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Reefer Madness or Pot Paradise? The surprising legacy of the place where legal weed began
Sunday, 30 June 2019Colorado’s first-in-the-nation experiment has reshaped health, politics, rural culture and criminal justice in surprising ways that often defy both the worst warnings of critics and blue-sky rhetoric ...
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‘There’s no opposition now’: how a quiet Canada town became a world leader in growing weed
Saturday, 29 June 2019In 2018 Canada became the second country, after Uruguay, to legalise recreational use. By catching the green wave, Canopy Growth’s co-chief executive, Bruce Linton, has built, in under six years, a c ...
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Global marijuana use rose by 60 percent over the past decade
Wednesday, 26 June 2019The global story about cannabis — the most-used recreational drug in the world — is about as fuzzy as your body feels after taking your first hit. While some places, such as states in the US, have le ...
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Want to grow your own cannabis? Get ready to fight ‘Big Marijuana’
Wednesday, 19 June 2019Illinois is about to make history as the first state to legalize recreational cannabis and allow commercial sales through the state legislature instead of via a voter initiative. But this historic pi ...
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Global marijuana trade is still five to seven years off, but Canada aims to be world's cannabis king
Monday, 17 June 2019Cam Battley believes that in the not-too-distant future, his company — one of Canada’s largest licensed producers — will be exporting a “significant chunk” of the cannabis it is growing domestically. ...
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The world’s largest pot farms, and how Santa Barbara opened the door
Saturday, 15 June 2019In a sandy draw of the Santa Rita Hills, a cannabis company is planning to erect hoop greenhouses over 147 acres — the size of 130 football fields — to create the largest legal marijuana grow on Eart ...
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In the land with a rich history of growing weed, cannabis capitalism is an uneasy fit
Wednesday, 05 June 2019There’s a hint of disappointment in Courtney Betty’s voice when he talks about the present state of Jamaica’s legal medicinal cannabis regime. “I don’t think some of the companies coming in to do bus ...
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Colombia has 100-plus licensed cannabis firms, but only a handful have registered cultivars
Friday, 31 May 2019Interest in Colombia’s medical marijuana market is booming, but out of over 100 licensed cannabis companies operating in the country few have finished registering their first cultivars, a prerequisit ...
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Asia emerging as new frontier for Canadian cannabis players
Thursday, 30 May 2019As cannabis companies eye expansion in European and South American markets, Asia is poised to be a new frontier for some major Canadian pot players. Despite being the world’s most populous continent, ...
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Israel is banking on cannabis as its next big industry
Wednesday, 29 May 2019Israel sees legal production of medicine based on cannabis as its next big industry, hoping to tap into a global market that research organizations estimate at $17 billion a year and growing. There a ...
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Israel's BOL Pharma aims for top of the world's medical marijuana industry
Monday, 27 May 2019It started 85 years ago as a farm on Moshav Ein Iron growing peaches and avocados, but if the plans of the Israeli company Breath of Life come to fruition, it could become a major player in the world ...
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The green rush: should you invest in cannabis?
Saturday, 25 May 2019How big is the legal cannabis industry? Every time I think I’ve seen the highest estimate along comes another breathless puff piece with an even bigger number to chew on. $50 billion? Not even close. ...
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'Price-conscious' pot consumers find backyard planting way cheaper
Wednesday, 22 May 2019The federal Cannabis Act specifies that each household can cultivate up to four plants — either indoors or out. Manitoba and Quebec have opted to prohibit homegrown cannabis, but there's already evid ...
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Expert says new laws stifling legal ganja industry
Wednesday, 22 May 2019Ganja growers and producers say regulations to the updated Dangerous Drugs Act (2015) are too stringent and pose a major impediment to those who represent the backbone of the industry, and, by extens ...
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High finance: Mr Nice 'cannabis lifestyle' shop opens in London
Thursday, 16 May 2019Howard Marks made his name in the illicit drugs trade but the late drugs baron is making a posthumous comeback to cash in on a booming legal trade in cannabis-related products. Borrowing his most fam ...
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Battle brewing
Monday, 13 May 2019The Ganja Growers Producers Association Jamaica (GGPAJ) says it is strongly opposed to the Government's embrace of hemp cultivation and has made a number of demands designed to protect the local cann ...
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High expectations for ganja in St Kitts, Dominica and Antigua
Friday, 10 May 2019American businessman, Chase Ergen and Greek billionaire, Alki David, have formed a consortium aimed at developing the cannabis business in the Eastern Caribbean nations. The duo has disclosed plans t ...
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Through all the smoke, the cannabis industry needs to develop a bigger vision
Friday, 10 May 2019The cannabis industry can build a better and regenerative culture, rather than falling into the same old tired and destructive human and corporate patterns of extractive companies. We can create a di ...
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Cannabis can be grown outdoors for pennies on the dollar. So why is hardly anyone doing it?
Thursday, 09 May 2019Cannabis companies have spent the early days of the legal recreational cannabis era building massive growing facilities, but the chief executive of 48North Cannabis Corp. has been focusing on a plot ...
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China cashes in on the cannabis boom
Monday, 06 May 2019China has made your iPhone, your Nikes. Now, it wants to grow your cannabis. Two of China’s 34 regions are quietly leading a boom in cultivating cannabis to produce cannabidiol, or CBD, the nonintoxi ...
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Jamaicans are worried foreigners will take over the ganja market
Saturday, 04 May 2019Since 2015, Jamaica has become the site of a ganja gold rush, as foreign investors pump in money and set up shop on the island. Smaller local farmers, many of whom were being harassed and punished fo ...
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Paulwell joins lobby to get banking services for cannabis industry
Friday, 03 May 2019The Bank of Jamaica (BOJ) is again being pressed about its role in charting the way forward to enable the legal cannabis industry to access financial services and become a part of the formal economy. ...
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Cannabis co-operatives: Can working together preserve small players?
Wednesday, 01 May 2019Hezekiah Allen believes in small family farms, though he’s biased — he grew up on one. Born in an off-the-grid community of rural Humboldt County, Allen was raised surrounded by a culture of craft ca ...
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Sunny Portugal: A gateway to Europe's medical pot market
Wednesday, 24 April 2019Famous for its roasted suckling pig and wines, the Portuguese city of Cantanhede now hosts the country's first medical cannabis production farm - a budding European hub of efforts to meet growing dem ...
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Germany to launch cannabis farming as Canada's Aurora, Aphria win tenders
Thursday, 18 April 2019Germany has awarded contracts to supply domestically-grown cannabis to two Canadian companies, as it seeks to develop its own medicinal marijuana industry and reduce reliance on imports. Drugs regula ...
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4/21 organizers want to reclaim cannabis from corporations
Thursday, 18 April 2019On 4/20, cannabis consumers across the United States will light one up in celebration of cannabis culture. In 10 states and counting, that celebration is perfectly legal. But as the annual ritual tra ...
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The cannabis ‘gold rush’ is underway and shows no sign of stopping, says pot CEO
Thursday, 18 April 2019With 33 states now offering some form of legal medical or recreational marijuana, and pot companies expanding their footprints across the country, the cannabis “gold rush” is underway — and it won’t ...
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Canada's legal weed struggles to light up as smokers stick to black market
Wednesday, 17 April 2019When Melissa, a resident of Halifax, Nova Scotia, went to one of Canada’s first government cannabis stores, she wasn’t impressed. “You can’t look at what they have. You can’t smell the product,” she ...
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Jamaica’s cannabis gamble
Wednesday, 17 April 2019Jamaica is starting to think of cannabis as an opportunity. Uruguay, Canada and ten American states have legalised it for recreational use. Ganja, as Jamaicans call it, is a “growth-oriented industry ...
Read more...Labelsbanking | cannabis industry | caribbean | jamaica | canada | regulation | cannabis | US drug policy | decriminalization -
Boheco: This cannabis startup is weeding out the high notes for a hemp economy
Tuesday, 16 April 2019Bombay Hemp Company (BOHECO), is a first mover in the industrial hemp and medicinal cannabis’ space in India. Boheco slowly started making inroads in a space that had not been spoken about as openly ...
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Global cannabis investors souring on Canada's potential
Tuesday, 16 April 2019Six months after cannabis was legalized in Canada, many of the people in search of a financial windfall appear ready to turn their attention elsewhere. “We’re very bullish on the globe, on the U.S. - ...
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