Items tagged with cannabis industry

Item title Description
Three years post-legalization, Canada's cannabis industry ready for a reset [15.10.2021] Three years after Canada legalized cannabis, the industry appears ready for a reset. When midnight struck on Oct. 17, 2018, Canada became the first d ...
Despite layoffs and losses, cannabis CEOs awarded millions in bonuses [11.10.2021] Despite stagnant revenue, layoffs, facility closings and big losses, the top executives of some of the largest cannabis companies in Canada were awar ...
Stand for craft: How Canada’s craft cannabis cultivators are pushing for tax reform [29.09.2021] 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 cultivat ...
What do you do with a billion grams of surplus weed? [05.08.2021] Back in 2018, during those months before Canada legalized recreational cannabis, things were good for the pot industry. Companies were being hyped as ...
Canadian cannabis producers have sold less than 20% of output since adult-use legalization [28.07.2021] 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 ...
Fact or fable: Will cannabis be Africa’s economic saviour? [18.07.2021] In recent years several African governments have changed their stance and implemented policies that legalise cannabis cultivation, manufacturing and ...
Massachusetts cannabis workers unionize, part of a national movement [01.07.2021] Many cannabis cultivation workers share common challenges. They frequently lack a living wage, benefits (like health care and retirement plans) or pa ...
Congress only has one chance to legalize marijuana the right way [01.06.2021] Congressional Democratic leaders filed a marijuana legalization bill last week aimed at remedying the injustices of the drug war. But my experience a ...
Cannabis goes corporate: Lobbyists, unions seek to shape marijuana industry [08.05.2021] 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. ...
After Aphria deal, the new Tilray eyes transformation into a global cannabis brands giant [03.05.2021] Tilray Inc. shareholders approved the merger with Aphria Inc., creating a cannabis powerhouse that’s both the largest medical marijuana company in Eu ...
Lesotho firm first in Africa to be granted EU licence for medical cannabis [21.04.2021] 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 produ ...
After ‘Green Rush,’ Canada’s legal pot suppliers are stumbling [18.04.2021] 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 m ...
A Sustainable Future for Cannabis Farmers [16.04.2021] Learn how lessening the barriers for small farmers while raising them for large companies can help to steer legal cannabis markets in a more sustaina ...
This cannabis giant has European targets in its sights ahead of U.S. legalization frenzy, CEO says [12.04.2021] 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-mar ...
Big tobacco is coming for legal marijuana [08.04.2021] 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, ...
New chairman of CLA wants ganja industry to earn maximum benefits globally [02.04.2021] Reforming the Cannabis industry into one which earns maximum benefits globally, is the goal of newly appointed Chairman for the Cannabis Licensing Au ...
New York legalizing weed could mean big things for the future of the cannabis industry [01.04.2021] New York became the latest state to legalize recreational cannabis, and is poised to become one of the nation's largest markets. The multibillion-dol ...
Cannabis: Black farmers to ‘shut down’ regulator [23.03.2021] The Black Farmers' Association of South Africa (BFASA) have threatened to shut down the regulatory authority for allegedly excluding them from opport ...
Mexico’s lower house approves recreational cannabis bill [11.03.2021] 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 ...
BAT looks beyond tobacco to Canadian marijuana [11.03.2021] British American Tobacco said it will buy a nearly 20% stake in Canada-based cannabis producer Organigram for about 126 million pounds ($175.8 millio ...
How tobacco giant Altria is becoming a cannabis company [09.02.2021] 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 compa ...
‘There’s no stopping the industry now’: Democratic control is a big win for marijuana [31.01.2021] Cannabis companies are positioning themselves for the greater likelihood that federal cannabis restrictions will be loosened significantly. Sales are ...
Mexico moves to create world’s largest legal cannabis market [12.01.2021] 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 le ...
How state marijuana legalization became a boon for corruption [27.12.2020] 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 ...
After blockbuster Aphria-Tilray merger, world’s largest cannabis company eyes U.S. market [18.12.2020] Tilray and Aphria, two of the biggest marijuana companies in Canada, announced plans to merge and create the world’s largest cannabis outfit. With ex ...
Swiss cannabis market - a delicate balancing act [01.12.2020] Producing and selling hemp inflorescences (clusters of flowers on a stem) with a low THC content has been legal in Switzerland since 2017. However, t ...
Mexico may become the third country to legalise cannabis [21.11.2020] 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 cannabi ...
Mexico is poised to legalize marijuana, but advocates don’t like the details [08.11.2020] It's the moment for which advocates of legal marijuana here have been waiting: Mexican lawmakers, working under a court order, have until mid-Decembe ...
Black and Indigenous entrepreneurs struggle for traction in Canada's cannabis industry [17.10.2020] A policy brief by the Centre on Drug Policy Evaluation and the University of Toronto looked at c-suite level executives, parent companies and license ...
Mexico, plagued by cartel wars, on cusp of legal cannabis 'green rush' [01.10.2020] Senate majority leader Ricardo Monreal expects a law to be passed before December for recreational use of the drug, allowing regulated private firms ...
Cannabis: A rush to corporate capture? [30.09.2020] Finance minister Tito Mboweni expects the newly legal cannabis industry to pour an estimated R4 billion into the government’s dwindling tax coffers w ...
Draft cannabis bill ‘completely misses the mark’ [23.09.2020] Two years ago, the Constitutional Court of South Africa decriminalised the possession and cultivation of cannabis in private by adults for personal p ...
eSwatini: A brief tale of two laws [18.09.2020] The U.S. company Stem Holdings reported in 2019 that it had “received preliminary approval to become the only licensed growing farm and processing pl ...
Reputation, revenue at stake as Brazil weighs legalization of cannabis cultivation [18.09.2020] Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp. South America’s largest economy le ...
Cannabis Regulation and Development [09.09.2020] Significant policy shifts have led to an unprecedented boom in medical cannabis markets, while a growing number of countries are moving towards the l ...
Canopy Growth CEO’s partial-year compensation tops CA$45 million [11.08.2020] 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 ...
It could take 10 years to measure the impact of legalising weed [11.08.2020] 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 ...
King Mswati, Stem Holdings and the multi-billion political dagga cold war [01.08.2020] King Mswati allegedly entered into a deal with Stem Holdings and manipulated provisions of the Prevention of Organized Crime Act (POCA) by unleashing ...
Uzbekistan returns to its roots with cannabis cultivation [21.07.2020] Central Asia has a great climate for growing cannabis. The plant, which is indigenous to the region, blankets hillsides and reveals itself stubbornly ...
Thousands more pot shops needed to end illicit market: Fire & Flower CEO [06.07.2020] 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 ...
Cannabis Bill controversy: Did dagga growers influence MPs? [21.06.2020] 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 rai ...
Growers association calls ganja industry a failed experiment [15.06.2020] The Ganja Growers and Producers Association (GGPAJ) says despite the success of several Cannabis Licensing Authority (CLA) operators, Jamaica's regul ...
Cannabis companies are finding it tougher than ever to navigate the market [02.06.2020] Some of the biggest cannabis players when legalization took effect 20 months ago have successfully held on to their dominant positions, despite a yea ...
Lavish parties, greedy pols and panic rooms: How the ‘Apple of Pot’ collapsed [24.05.2020] 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 ...
As cannabis market softens, some investors pulling back [24.05.2020] 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 compan ...
Licensed retail herb houses can now sell to qualified patients online [16.05.2020] The Cannabis Licensing Authority (CLA) has established interim measures to facilitate online sales by licensed retail herb houses to registered patie ...
Cannabis in high demand amid coronavirus pandemic [05.05.2020] 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 we ...
Canopy Growth exits cannabis cultivation on three continents in major international pullback [16.04.2020] Canopy Growth is ceasing cannabis cultivation in Africa, Canada, Colombia and the United States in a bid to “improve efficiencies” in its global oper ...
Cannabis bankruptcies start to roll in as pandemic halts financing [06.04.2020] The cannabis bankruptcy filings are starting to roll in. Already plagued by a tough regulatory environment, disappointing sales and capital markets t ...
Stoners cheered when Canada legalised cannabis. How did it go so wrong? [05.04.2020] Two years on, the Canadian cannabis legalisation experiment hasn’t quite turned out as we reformers had hoped. The black market is still vibrant whil ...

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