Tag: cannabis industry
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Israel moves to decriminalize marijuana use
Thursday, 26 January 2017Public Security Minister Gilad Erdan announces support for new policy for enforcing marijuana use, which favors fines and educational initiatives, with criminal prosecution only as a last resort. The ...
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The next big bubble could be in Canada’s soaring pot market
Wednesday, 07 December 2016The surge of capital into Canada’s nascent marijuana industry has sent stock prices soaring – and brought warnings it’s a bubble that could soon burst. The value of 26 marijuana stocks listed in Cana ...
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Trudeau’s bait and switch on legalization?
Sunday, 04 December 2016Prime Minister Justin Trudeau recently expressed frustration around the current cannabis landscape, explaining, “Until we have brought in the proposed system… the current prohibition stands”, and enc ...
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Donald Trump’s attorney general pick could destroy the recreational pot industry
Monday, 21 November 2016Attorney general nominee Sen. Jeff Sessions (R-Ala.) is a fervent foe of marijuana legalization. But if he were confirmed as President-elect Trump’s top law enforcement official, would he really have ...
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Marijuana reform went 8 for 9 on the ballot this week
Thursday, 10 November 2016Marijuana reform won in eight out of the nine states where it was put on the ballot, the strongest signal to date that the public is ready to embrace change and put the harsh prohibitionist policies ...
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Marijuana legalization won big on Election Day. It will keep winning
Wednesday, 09 November 2016In California voters approved legalization. The country’s most populous state and biggest economy will allow people to buy marijuana for recreational use and, most importantly, let for-profit compani ...
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'Commercialization won out': will legal marijuana be the next big tobacco?
Sunday, 30 October 2016Candi CdeBaca voted to legalize the free sale of marijuana in Colorado four years ago because she thought it would be good for her Denver neighborhood. She hoped that when Colorado became the first s ...
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Pot stock hits record high as more U.S. states press ahead with legalization
Tuesday, 11 October 2016As polls indicate California, Massachusetts, Maine, Nevada and Arizona are poised to approve referendums dramatically expanding legal U.S. cannabis use, investors looking for a play in the burgeoning ...
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American says he wants to protect Jamaica’s natural ganja
Saturday, 24 September 2016Anticipating that original ganja strains are likely to become extinct after the new, legitimate ganja industry opens up in Jamaica, American businessman Mark Santiago has committed to taking equipmen ...
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Overseas backers push ganja co-op for Jamaica
Thursday, 15 September 2016A group of international investors is looking to partner with local interests, particularly small farmers to corner the local and export market for ganja. InCuBis International is working through the ...
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Cannabis industry expected to be worth $50 billion by 2026
Sunday, 11 September 2016The legal cannabis industry in the U.S. may grow to $50 billion in the next decade, expanding to more than eight times its current size, as lawful pot purveyors gain new customers and win over users ...
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In Israel, booming medical marijuana looks to conquer new highs
Sunday, 11 September 2016Israel is a well-known as a pioneer in medical cannabis. This summer, the government approved a plan initiated by Health Minister Yaakov Litzman to relax some of the medical cannabis requirements. Th ...
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Did the DEA just kick open the door for the pharmaceuticalization of pot?
Thursday, 11 August 2016While much ink has been spilled over the last few days regarding DEA’s refusal to recognize marijuana as a medicine and its unwillingness to reclassify it under federal law, far less attention has be ...
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The goal of legalized cannabis shouldn’t be corporate gold
Friday, 15 July 2016As the government crawls towards legalization with the appointment of a task force, my tempered enthusiasm has started to wane, replaced by dismay. I see countless interested parties and stakeholders ...
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The goal of legalized cannabis shouldn’t be corporate gold
Thursday, 14 July 2016Canada has a tradition of overregulation and one can already sense that the government is poised to place a myriad of restrictions on production and distribution of marijuana. Invariably, the more co ...
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The pot law that could be 'deal-breaker for the drug war'
Monday, 04 July 2016California's pot legalization initiative, the Adult Use of Marijuana Act (AUMA), qualified for the ballot in November, setting the stage for a vote that will have ramifications far beyond California' ...
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Who's funding the US cannabis industry?
Thursday, 23 June 2016Funding is one of the biggest challenges for the cannabis industry, which still exists in a legal grey area. Cannabis has been legalised for medical or recreational purposes in 25 states, but remains ...
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The first big company to say it’s serving the legal marijuana trade? Microsoft.
Wednesday, 15 June 2016As state after state has legalized marijuana in one way or another, big names in corporate America have stayed away entirely. Marijuana, after all, is still illegal, according to the federal governme ...
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The activists helping illegal pot dealers turn into legit marijuana businessmen
Wednesday, 08 June 2016In California, where voters are expected to legalize recreational marijuana in November, there’s a small, but growing movement to eliminate barriers in the industry for people with pot offenses on th ...
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Jamaica targets billions in taxes from weed
Saturday, 28 May 2016The Government is targeting annual revenue of US$2 billion from the ganja industry when regulations to govern the sector are finally in place. Minister of Science, Energy and Technology Dr Andrew Whe ...
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In the legal weed business, how deep does the “Suits vs. Stoners” schism run?
Sunday, 15 May 2016Cultural conflict rumbles within a nascent industry that was once a countercultural, underground operation. As fancy dispensaries and stylish products proliferate, many in the industry are calling to ...
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Will Canada become America's cannabis capital?
Friday, 13 May 2016Canadian prime minister Justin Trudeau has vowed to legalise recreational marijuana consumption on a federal level, opening the door to investment, less restrictive tax policies and banks that can tr ...
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Portland startup maps cannabis genome to protect weed from Monsanto patenting
Saturday, 23 April 2016A Portland biotechnology company has launched a 3-D map that charts the genetic evolution of cannabis genomes, protecting strains like OG Kush from future patent attempts by big agricultural companie ...
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What a looming patent war could mean for the future of the marijuana industry
Wednesday, 20 April 2016On August 4, 2015, US officials quietly made history by approving the first-ever patent, No. 9095554, for a plant containing significant amounts of THC, the main psychoactive ingredient in marijuana, ...
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Legal marijuana sales projected to reach $6.7 billion in 2016
Sunday, 31 January 2016Just how big is the market for legal pot? A new report by a leading marijuana industry investment and research firm found legal cannabis sales jumped 17%, to $5.4 billion, in 2015 and they will grow ...
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Canada’s medical pot producers set sights on recreational users
Thursday, 28 January 2016Canada’s producers of medical marijuana are sitting on a seven-tonne stash of weed, with the inventory steadily growing as supply exceeds demand in the legal system, according to the most recent Heal ...
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Canadian investors show interest in local ganja
Tuesday, 12 January 2016Following the lead of several US states in holding referendums which have been supportive of reducing the legal restraints on the use of the drug, Jamaica amended its Dangerous Drugs Act in April las ...
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Cannabis industry, advocates trying to find right balance on marijuana legalization
Tuesday, 08 December 2015Business and advocates both play a key role in furthering marijuana legalization, but finding the ideal balance is proving difficult. That was particularly evident with Ohio’s ill-fated legalization ...
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Canada’s next big move? It may be legalizing pot
Saturday, 05 December 2015The new Liberal government has promised to act quickly to legalize marijuana for general use, which would make Canada the first Group of 20 country to end cannabis prohibition. The Liberals point out ...
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Big Marijuana is coming — and even legalization supporters are worried
Wednesday, 02 December 2015Ohioans rejected a very unusual marijuana legalization proposal. Beyond legalizing pot, the ballot initiative would have given campaign donors direct rights to the state's 10 pot farms as an explicit ...
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On ballot, Ohio grapples with specter of marijuana monopoly
Saturday, 31 October 2015Ohio lawyer Don Wirtshafter has fought for decades to make marijuana legal, calling it “my life’s work.” But when Ohio voters go to the polls to consider a constitutional amendment to allow marijuana ...
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Government awards third ganja research licence
Monday, 26 October 2015Canadian nutraceutical and pharmaceutical company, Timeless Herbal Care Limited (THC), which has operations in Jamaica, is the first private entity to be granted a ganja research licence by the Gover ...
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Colorado's largest pot grower sued by two consumers over pesticide use
Sunday, 04 October 2015A pair of marijuana users in Colorado — one of them a medical-card holder with a brain tumor — have sued the state's largest pot grower for allegedly using a potentially dangerous pesticide on the po ...
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Marijuana prohibition can do more harm than good, doctors tell federal parties
Sunday, 20 September 2015If Canada's new government chooses to legalize marijuana beyond medical use then it should get into the business of controlling its supply and sale to prevent the rise of a "Big Cannabis," addiction ...
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Ganja ready for the big times
Thursday, 17 September 2015Going by the announcement by Canada-based Timeless Herbal Care Limited (THC), Jamaica stands to benefit from a US$100-million deal to develop medical marijuana products here for the international mar ...
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Ganja growers warned: GET 'LEGIT' TO GET IN IT!
Saturday, 22 August 2015Local ganja growers, particularly small farmers, in Jamaica are being urged to enter the formal market to benefit from the decriminalising of the product rather than seeking to operate in the undergr ...
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‘Medical cannabis could be worth more to Israel than natural gas’
Saturday, 15 August 2015If Israel grew pot instead of peppers, said Dr. Tamir Gadot, CEO of pro-medical cannabis agricultural association Breath of Life, the economy would be the biggest beneficiary, arguing that the govern ...
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Ohio's legal weed proposal could create the world’s first 'pot grower oligarchy'
Saturday, 15 August 2015Ohio voters will have the opportunity to legalize the commercial cultivation and sale of cannabis this November, including for medical marijuana patients and recreational consumers. Critics say the p ...
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The tragedy of the ganja policy
Saturday, 08 August 2015The amendment of the Dangerous Drugs Act 2015 in February has laid the foundation for the development of the policy framework governing a ganja industry in Jamaica. Key Ministries have to develop pol ...
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None but ourselves can 'free' the weed
Saturday, 04 July 2015Traditional small ganja farmers in Jamaica, accustomed to clandestinely working their fields, will now have to adhere to strict regulations in order to supply research institutions that have been gra ...
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Silicon Valley meets Bob Marley
Friday, 03 July 2015Men in suits swarmed everywhere, but no spliff or bong could be seen. Any doubts that the legal marijuana (or cannabis) industry is now a serious business soon disappeared after a few hours at the Ar ...
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Marijuana incorporated: cannabis eases into a billion-dollar business high
Friday, 22 May 2015Now legalised in 23 states and the District of Columbia for medical use and four states – Colorado, Washington, Oregon and Alaska – and DC for recreational use, weed is big business. Cassandra Farrin ...
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BSJ developing plan to ensure Jamaica's ganja is protected
Saturday, 02 May 2015The Bureau of Standards Jamaica (BSJ), which was mandated to design a regulatory plan for the decriminalised ganja industry, has developed a 17-step scientific footprint proposal. According to the BS ...
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US president cautions against hopes of ganja legalisation
Friday, 10 April 2015President Barack Obama cautioned persons who have hopes of marijuana being legalised, as he explained the difference between legalisation and decriminalisation. "We had some discussion with Caricom c ...
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Canadian company to tap into Jamaica for medicinal cannabis supply
Saturday, 04 April 2015A Canadian company is seeking to tap into the Jamaican market for the supply of dried marijuana to the medicinal marijuana industry in Canada. Marketing director of FLOR, Raymond Grant, (the local ag ...
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Big need for marijuana banking, yet Congress has ‘no appetite’ to fix issue
Friday, 03 April 2015Congress doesn’t have the appetite to deal with the conflict between federal and state laws that has caused a banking crisis for the burgeoning marijuana industry in Colorado and other states, accord ...
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Farmers encouraged to make use of ganja opportunities
Wednesday, 18 March 2015Small ganja farmers across the island are being encouraged to make use of the opportunities that will be available in the medicinal ganja industry. Science, Technology, Energy and Mining Minister, Ph ...
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2014 performance of cannabis stocks by quarter
Monday, 02 March 2015Cannabis stocks proved lucrative at the beginning of 2014, but the chances of a solid return deteriorated in the second half of the year. An investor who pumped money into a mix of securities followe ...
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Lowe wants public sector cooperation on ganja
Saturday, 28 February 2015Executive Chairman of Medicanja, Dr Henry Lowe, is urging a spirit of cooperation between government ministries and agencies involved in the development of Jamaica's ganja industry, following the pas ...
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The weed war undermines science
Tuesday, 10 February 2015Columbia professor Carl Hart: "The National Institute on Drug Abuse funds 90 percent of the world's research on drug abuse with our tax dollars. The mission of NIDA is to focus on pathology, or drug ...
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