Items tagged with cannabis industry

Item title Description
Report: 99% of California cannabis growers are still unlicensed [19.02.2018] The backers of Prop. 64, the 2016 Adult Use of Marijuana Act, sold California voters on the promise that small and medium businesses would be the eng...
Marijuana producers enter retail race as legalization looms [11.02.2018] As the race to produce enough cannabis for the soon-to-be-legal market gets increasingly crowded, licensed producers are setting their sights on the ...
Big US tobacco company buys stakes in Canadian cannabis growers, American hemp firm [09.02.2018] A publicly traded U.S. tobacco company has bought controlling stakes in two Canadian marijuana producers and invested in a North Carolina hemp grower...
Canadian cannabis companies set their sights on South America [31.01.2018] Much has been made of the marijuana M&A spree afoot in Canada. Just this year alone, licensed producer Aurora Cannabis Inc. agreed to acquire CanniMe...
Canadian weed companies are staking their claim in Europe [30.01.2018] Some of Canada’s biggest cannabis companies are expanding their presence in Europe through a series of strategic acquisitions, designed to secure a f...
Could Sessions’ marijuana policy shift benefit the cannabis industry in 2018? [24.01.2018] Uncertainty interjected into the cannabis industry earlier this month by U.S. Attorney General Jeff Sessions could create new opportunities for the s...
Canada’s weed stocks are out of control [22.01.2018] Stocks in Canada’s biggest cannabis companies skyrocketed the past year – with the three largest rising more than 200 percent each. Analysts are warn...
Investors are delusional when it comes to Canadian marijuana companies [10.01.2018] As the July deadline for the provinces to legalize marijuana approaches, the stock prices of Canadian publicly-traded weed producers have been on a t...
Study: legal marijuana could generate more than 132 billion in federal tax revenue and 1 million jobs [10.01.2018] Legalizing marijuana nationwide would create at least $132 billion in tax revenue and more than a million new jobs across the United States in the ne...
Cannabis chaos — Sessions has no exit strategy for his war on drugs [07.01.2018] One of the great social and political experiments of this decade, marijuana legalization, faces its greatest existential threat: Jeff Sessions . Twen...
Marijuana stock analysts not too worried about Sessions's order just yet [04.01.2018] Cannabis analysts weren't too worried for the most part about the decision by Attorney General Jeff Sessions to rescind an Obama-era policy that effe...
Steve DeAngelo digs in [01.01.2018] "We are looking in 2018 and 2019 at an extinction event for 75 percent of the existing cannabis industry in California," says cannabis activist/entre...
Hippy dream now a billion-dollar industry with California set to legalise cannabis [30.12.2017] On Monday, California, the US’s most populous state, and the world’s sixth biggest economy, will officially legalising cannabis. Overnight a shadow i...
I grow pot in California for a living. I’m worried about legalization [29.12.2017] As the daughter of a back-to-the-land homesteader and pot farmer, I learned never to speak of what my father did. We lived a simple life in times whe...
Legal weed isn’t the boon small businesses thought it would be [29.12.2017] The business of selling legal weed is big and getting bigger. North Americans spent $6.7 billion on legal cannabis last year, and some analysts think...
Canadian pot growers eye global expansion [28.12.2017] Canadian medical marijuana is setting the stage to go global. The country’s emerging legal producers have a chance to seize opportunities in other co...
Californian growers and retailers brace for cannabis competition [27.12.2017] California has long been a cannabis pioneer. The state became a hub for the drug-induced counterculture of “turn on, tune in, drop out” of the 1960s,...
Canadian cannabis firm licensed to produce in Denmark [19.12.2017] Canadian medical marijuana producer Canopy Growth said its joint venture Spectrum Cannabis has been licensed to grow pot in Denmark for sale througho...
Lawmakers, pot growers say California's marijuana cultivation rules favor big corporate farms [18.12.2017] California ’s new rules allowing marijuana cultivation favor large corporate farms despite a promise in Proposition 64 that small growers would be pr...
Marc Emery was right; Julian Fantino was wrong [15.12.2017] It seems absurd that Marc and Jodi Emery, who have spent years fighting the unjust laws against marijuana, in and out of prison, can’t now sell the p...
The legal marijuana market is exploding — it'll hit almost $10 billion sales in this year [08.12.2017] The market for legal marijuana is heating up in a big way. Legal marijuana sales are predicted to hit $9.7 billion in North America in 2017, accordin...
Les prix du cannabis légal s'effondrent [28.11.2017] La Suisse connaît un raz-de-marée vert, celui du cannabis légal ou cannabidiol (CBD), dont le taux de l'agent psychotrope THC est inférieur à 1%. Alo...
The Swiss cannabis farm aiming to supply 'legal weed' across Europe [24.11.2017] I n fields across Switzerland the harvest time for cannabis is coming to an end, and workers are distributing the crop to shops in France and Switzer...
The price of cannabis is falling, suggesting a supply glut [16.11.2017] In the US cannabis operations, now legitimate in many states, are forbidden from the usual business deductions and face crippling tax bills of as muc...
Greece hopes its economy can get high from medical weed [14.11.2017] Investors in medical cannabis projects are focusing on Greece, where a warm, sunny climate and potentially favorable future legislation could help th...
How big tobacco, alcohol and pharma companies could enter the cannabis industry [06.11.2017] The entrance of Constellation Brands in the cannabis industry has broken the insulation around cannabis companies — it is now incumbent upon the indu...
Ready or not, recreational marijuana use is coming to Canada [04.11.2017] Proposing legislation to legalize the recreational use of marijuana was the easy part for Prime Minister Justin Trudeau. With about eight months to g...
Legalized marijuana presents opportunity of a lifetime for Canadian entrepreneurs [03.11.2017] The modern-day prospectors in Canada's new cannabis market are working hard and cutting deals as the final eight months tick down to the day when rec...
Alcohol goliath pours $190M into Canadian cannabis company [30.10.2017] Constellation Brands, the alcohol goliath, is putting its money toward another emerging sector — cannabis-based beverages. The company plans to spend...
Legal dagga process draaaags on [29.09.2017] Businesses that want to get in on the ground floor of South Africa’s great medical marijuana revolution, or at least the legal one, are bound to find...
Op-Ed: Marijuana farming – a silver bullet for rural poverty? [26.09.2017] When marijuana farming is legalised in South Africa who will benefit? This is not just a hypothetical question. Right now, marijuana is being legally...
Startups seek to cash in on cannabis, but some fear Israel will take a hit [24.09.2017] With green in their eyes, Israeli entrepreneurs have spotted cannabis soon to be growing opportunity, and at least 700 have applied to the Israeli He...
The marijuana war has gone local, and pot advocates are losing — badly [17.09.2017] The fight over the legalization of marijuana in Massachusetts isn’t over. But one side has already gone home. Last November, a well-funded and well-o...
Few Jamaicans in local ganja industry — Dr Lowe [08.09.2017] There is a negative buzz surrounding Jamaica's budding legal ganja industry. According to Dr Henry Lowe, owner of Medicanja, “It feels like our objec...
Green gold: how China quietly grew into a cannabis superpower [27.08.2017] Thanks to government support and a long tradition, China has quietly become a superpower in hemp production and research. This growth has in part bee...
Is Canada ready for legal marijuana? [24.08.2017] The Canadian government is expected to legalize recreational marijuana by July 2018, in large part to put an end to the extensive and enduring black ...
This cannabis company plans to turn a California desert town into a pot paradise [04.08.2017] American Green announced it is buying all 80 acres of Nipton, which includes its Old West-style hotel, a handful of houses, an RV park and a coffee s...
Forget pot producers - here's a better way for investors to cash in on cannabis legalization [26.07.2017] A big chunk of the capital invested in the flood of cannabis-related startups is certain to go down the drain, and it could take years to wring real ...
California considering creating a state-run bank for cannabis businesses [16.07.2017] California government, financial and marijuana business leaders met last week in a far-from-resolved debate over whether a state-run bank could be th...
Cannabis cash conundrum: Some businesses bury money, others truck it to a federal vault [12.07.2017] With recreational use set to become legal next year under Proposition 64, cannabis sales in the state are expected to top $7.5 billion in 2020, up fr...
Canada’s biggest licensed weed producer is losing money [27.06.2017] Canada’s largest licensed cannabis producer seems to have no problem driving in sales, but it is still struggling to get to profit territory. Canopy ...
U.K. tobacco giant gets medicinal cannabis expertise [13.06.2017] Imperial Brands Plc gained the services of a leader in the field of medicinal cannabis as the British tobacco manufacturer seeks to further its push ...
Federal bills from Colorado legislators seek to shield state marijuana laws, open banking [18.05.2017] Colorado federal lawmakers amplified efforts to protect state-enacted marijuana laws and cannabis businesses supporting banking legislation for the m...
Bob Marley, ganja and the green stuff – is selling Brand Jamaica just a pipe dream? [03.05.2017] When Bob Marley and the Wailers first performed Get Up, Stand Up to a restive 1970s Jamaica, never could they have guessed that the government would ...
Early marijuana sales ‘unbelievably high’ after legalization: U.S. consultant [30.04.2017] A U.S. consultant hired by Ottawa to assess Canada’s eventual recreational pot market says jurisdictions that regulate cannabis should expect “unbeli...
New federal bill would allow banking for marijuana businesses [27.04.2017] Marijuana businesses can’t openly bank and congressman Ed Perlmutter, D-Colo., is hoping to change that. Perlmutter on Thursday introduced the Secure...
Canada’s plan to be the world leader in legal weed [20.04.2017] Cannabis is already big business in Canada. The drug was approved for medicinal use 20 years ago, and almost 30 percent of young adults say they use ...
Marijuana goes industrial in California [15.04.2017] The vast and fertile Salinas valley is often called the salad bowl of the nation for the countless heads of lettuce growing across its floor. Now Cal...
The world’s first pot-focused exchange-traded fund [10.04.2017] The launch of the world’s first cannabis-focused exchange-traded fund (ETF), on the Toronto Stock Exchange, is welcome news to aficionados of marijua...
Liberals set to table marijuana legislation, but key details need to be resolved [10.04.2017] The federal government will table a bill to legalize recreational marijuana on Thursday that is expected to tightly control the ability of producers ...

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