Items tagged with cannabis industry and US drug policy

Item title Description
Jamaica joins global stock markets in bracing for impact of Cannabis Banking Bill [11.10.2019] The Jamaica Stock Exchange (JSE) has joined other stock markets across the globe in bracing for the impact of the Cannabis Banking Bill, which is cur ...
Cannabis industry hopes SAFE Banking Act will spark new wave of growth, especially in U.S. [27.09.2019] For the first time in history, the U.S. House of Representatives passed legislation to both validate and protect the burgeoning cannabis industry by ...
One of the largest pharma companies in the world has made a big move in cannabis [12.09.2019] A subsidiary of NYSE-traded giant Teva Pharmaceuticals has signed a deal with medical cannabis company Canndoc to distribute its GMP products to phar ...
The reason pot stocks will never recover [30.08.2019] Marijuana 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 yea ...
Weed investment boom sparks calls for City pot exchange [20.08.2019] Canada 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 count ...
The unbearable whiteness of weed: Canada’s booming cannabis industry has a race problem [02.08.2019] The Canadian cannabis industry is booming. From giant industrial operations such as Canopy Growth to smaller “luxury” cannabis retailers, to an array ...
U.S. bankers are answering the call of cannabis as deals flow away from Canada [23.07.2019] After years of Canada dominating the world of marijuana finance, the country’s head start is evaporating and U.S. bankers are increasingly answering ...
Reefer Madness or Pot Paradise? The surprising legacy of the place where legal weed began [30.06.2019] Colorado’s first-in-the-nation experiment has reshaped health, politics, rural culture and criminal justice in surprising ways that often defy both t ...
Global marijuana use rose by 60 percent over the past decade [26.06.2019] The 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. Wh ...
Want to grow your own cannabis? Get ready to fight ‘Big Marijuana’ [19.06.2019] Illinois is about to make history as the first state to legalize recreational cannabis and allow commercial sales through the state legislature inste ...
The green rush: should you invest in cannabis? [25.05.2019] How 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 bigg ...
4/21 organizers want to reclaim cannabis from corporations [18.04.2019] On 4/20, cannabis consumers across the United States will light one up in celebration of cannabis culture. In 10 states and counting, that celebratio ...
The cannabis ‘gold rush’ is underway and shows no sign of stopping, says pot CEO [18.04.2019] With 33 states now offering some form of legal medical or recreational marijuana, and pot companies expanding their footprints across the country, th ...
Jamaica’s cannabis gamble [17.04.2019] Jamaica is starting to think of cannabis as an opportunity. Uruguay, Canada and ten American states have legalised it for recreational use. Ganja, as ...
Global cannabis investors souring on Canada's potential [16.04.2019] Six months after cannabis was legalized in Canada, many of the people in search of a financial windfall appear ready to turn their attention elsewher ...
How cannabis is firing up the U.S. supply chain [04.04.2019] With the recreational use of cannabis now legal in 10 states and the District of Columbia and medical marijuana legal in 23 states, marijuana is on i ...
Don't be greedy! Why cannabis companies should support home cultivation [20.03.2019] One of the great things about the cannabis industry is that it has dramatically sped up the process of ending cannabis prohibition and achieving advo ...
Slowing the legal weed freight train [12.02.2019] Sabet's strategy for sabotaging legalization is to offer legislators what he calls "a true decriminalization and justice" bill, which would do away w ...
'Legalize marijuana without corporatized marijuana,' says New York mayor Bill de Blasio [03.02.2019] New York Mayor Bill de Blasio supports Governor Andrew Cuomo's pledge to legalize recreational marijuana, but he doesn't want the the market to be ov ...
Enjoy it while you can Cannabis Canada, your edge is already eroding [11.01.2019] A number of industry insiders who argue that the level of government control and intervention in the cannabis landscape in Canada, coupled with the s ...
Now for the hard part: Getting Californians to buy legal weed [02.01.2019] A billion dollars of tax revenue, the taming of the black market, the convenience of retail cannabis stores throughout the state — these were some of ...
Navigating cannabis legalization 2.0 [04.12.2018] Legalization is not a simple yes-or-no decision, and its consequences for health, public safety, and social equity will be shaped by choices about pr ...
How to achieve weed equality [26.11.2018] The official body that's overseen the legal cannabis regulatory process in Massachusetts has given the much anticipated "commence operations" notice. ...
Cannabis producers could be chasing global market worth $194 billion in seven years: BMO report [01.11.2018] The potential of the global cannabis industry is so vast that it could eventually make the sky-high valuations of some Canadian licensed producers lo ...
Cannabis price collapse putting billions in consumers’ pockets [18.10.2018] Wholesale cannabis prices could hit as low as $30 an ounce in some parts of the U.S. as another record crop of outdoor cannabis floods markets and si ...
U.S. cannabis producers fear Canada will 'dominate the industry' [29.09.2018] The CEO of California-based marijuana producer and seller Terra Tech is watching the cannabis industry boom north of the border with more than a litt ...
For US pot companies, Canada is the land of opportunity [25.07.2018] Green Thumb Industries had a business plan, expertise and plenty of ambition to grow its marijuana business. What the Chicago-based company didn't ha ...
Canadian and U.S. pot firms cross borders to raise money in battle for dominance [22.04.2018] As U.S. and Canadian government policies toward marijuana grow more divergent amid Canada's push for legalization, their stock exchanges have seen a ...
Most banks won’t touch America’s legal pot industry [20.04.2018] Providing banking services to pot-sellers is a risky endeavour. Despite being legal in one form or another in 29 states, marijuana is banned under th ...
Wall Street experiments with marijuana investments [01.04.2018] More adventurous corners of Wall Street are experimenting with marijuana as an investment even though recreational use of the drug is illegal in New ...
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 ...
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 ...
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. Twent ...
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 ...
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, ...
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 pro ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Big Pharma's anti-marijuana stance aims to squash the competition, activists say [03.04.2017] As marijuana legalization swept the US in November, Arizona was alone in its rejection of legal weed. There, a pharmaceutical company called Insys wa ...
Donald Trump’s attorney general pick could destroy the recreational pot industry [21.11.2016] Attorney general nominee Sen. Jeff Sessions (R-Ala.) is a fervent foe of marijuana legalization. But if he were confirmed as President-elect Trump’s ...
Marijuana reform went 8 for 9 on the ballot this week [10.11.2016] Marijuana 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 ...
Marijuana legalization won big on Election Day. It will keep winning [09.11.2016] In California voters approved legalization. The country’s most populous state and biggest economy will allow people to buy marijuana for recreational ...
'Commercialization won out': will legal marijuana be the next big tobacco? [30.10.2016] Candi CdeBaca voted to legalize the free sale of marijuana in Colorado four years ago because she thought it would be good for her Denver neighborhoo ...
Pot stock hits record high as more U.S. states press ahead with legalization [11.10.2016] As polls indicate California, Massachusetts, Maine, Nevada and Arizona are poised to approve referendums dramatically expanding legal U.S. cannabis u ...
Did the DEA just kick open the door for the pharmaceuticalization of pot? [11.08.2016] While much ink has been spilled over the last few days regarding DEA’s refusal to recognize marijuana as a medicine and its unwillingness to reclassi ...
The pot law that could be 'deal-breaker for the drug war' [04.07.2016] California's pot legalization initiative, the Adult Use of Marijuana Act (AUMA), qualified for the ballot in November, setting the stage for a vote t ...
Who's funding the US cannabis industry? [23.06.2016] Funding is one of the biggest challenges for the cannabis industry, which still exists in a legal grey area. Cannabis has been legalised for medical ...
The first big company to say it’s serving the legal marijuana trade? Microsoft. [15.06.2016] As state after state has legalized marijuana in one way or another, big names in corporate America have stayed away entirely. Marijuana, after all, i ...
In the legal weed business, how deep does the “Suits vs. Stoners” schism run? [15.05.2016] Cultural conflict rumbles within a nascent industry that was once a countercultural, underground operation. As fancy dispensaries and stylish product ...
Will Canada become America's cannabis capital? [13.05.2016] Canadian prime minister Justin Trudeau has vowed to legalise recreational marijuana consumption on a federal level, opening the door to investment, l ...
Legal marijuana sales projected to reach $6.7 billion in 2016 [31.01.2016] Just 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 ...
Cannabis industry, advocates trying to find right balance on marijuana legalization [08.12.2015] Business and advocates both play a key role in furthering marijuana legalization, but finding the ideal balance is proving difficult. That was partic ...
Big Marijuana is coming — and even legalization supporters are worried [02.12.2015] Ohioans rejected a very unusual marijuana legalization proposal. Beyond legalizing pot, the ballot initiative would have given campaign donors direct ...
On ballot, Ohio grapples with specter of marijuana monopoly [31.10.2015] Ohio 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 cons ...
Ohio's legal weed proposal could create the world’s first 'pot grower oligarchy' [15.08.2015] Ohio voters will have the opportunity to legalize the commercial cultivation and sale of cannabis this November, including for medical marijuana pati ...
Marijuana incorporated: cannabis eases into a billion-dollar business high [22.05.2015] Now legalised in 23 states and the District of Columbia for medical use and four states – Colorado, Washington, Oregon and Alaska – and DC for recrea ...
US president cautions against hopes of ganja legalisation [10.04.2015] President Barack Obama cautioned persons who have hopes of marijuana being legalised, as he explained the difference between legalisation and decrimi ...
Big need for marijuana banking, yet Congress has ‘no appetite’ to fix issue [03.04.2015] Congress doesn’t have the appetite to deal with the conflict between federal and state laws that has caused a banking crisis for the burgeoning marij ...
Report predicts 18 states will legalize pot by 2020 [25.01.2015] A new report predicts that 18 U.S. states will have legalized recreational marijuana in the next five years, a huge increase from the four states tha ...
The legalization of marijuana: a good example of flexible policymaking [21.01.2015] Marijuana policy may not seem like the natural setting to model policies that pursue inclusive growth, but the innovative policy-making processes ini ...
Seattle's legal marijuana euphoria over as industry undergoes growing pains [15.01.2015] The legal marijuana market in the state of Washington opened last summer to a dearth of weed. Some stores periodically closed because they didn’t hav ...
Pot industry plants seeds on Capitol Hill [04.12.2014] The legal weed industry is trying to grow something else these days: political influence. The National Cannabis Industry Association has spent $60,00 ...
Marijuana’s big-money Marley Brand makes a splash [24.11.2014] Last week, NBC’s Today Show giddily announced an exclusive: Privateer Holdings, the Seattle marijuana company long acclaimed locally for its straight ...
Marijuana industry sets its sights on the mainstream [24.11.2014] Marijuana is growing up. As Colorado and Washington’s recreational marijuana industries blossom and new markets in Oregon and Alaska begin to take sh ...
Is ‘Big Marijuana’ inevitable? [18.11.2014] It looks like the use of recreational marijuana is heading down the path of legalization across the country. Voters in Alaska, Oregon and the Distric ...
Stir it up: Bob Marley to headline corporate cannabis brand [17.11.2014] The Marley family and a Seattle-based private equity firm announced the creation of Marley Natural, "a premium cannabis brand rooted in the life and ...
The Marlboro of marijuana [07.11.2014] Would household names really consider selling cannabis? They already have. In 1969 a Philip Morris executive wrote to the Justice Department, request ...
Fear of cannabis commerce didn't, won't and shouldn't stop legalization [05.11.2014] Three marijuana legalization initiatives were on the ballot this week, and all three won. That’s a better outcome than I was expecting. I was surpris ...
Legal marijuana could be $130 million a year business in D.C., study finds [29.10.2014] If D.C. residents vote to legalize marijuana possession next week, it wouldn’t just mean a sea change in drug policy in the nation’s capital. It coul ...
The marijuana industry could be bigger than the NFL by 2020 [23.10.2014] A report from Greenwave Advisors, a "comprehensive research and financial analysis for the emerging legalized marijuana industry," projects that lega ...
Colorado recreational marijuana industry begins major transformation [29.06.2014] Only six months old, Colorado's recreational marijuana industry starts a transformation that could add hundreds of new pot businesses to the state an ...
Dope to your door [20.06.2014] Evan Cox used to deliver pizza. But 18 months ago, as he was running out of money at college in Seattle, he had a new business idea. The state of Was ...
Banks say no to marijuana money, legal or not [14.01.2014] Legal marijuana merchants — mainly medical marijuana outlets but also, starting this year, shops that sell recreational marijuana in Colorado and Was ...
Greener marijuana: can a budding industry grow sustainable agriculture? [29.10.2013] The growing societal acceptance of cannabis in the U.S. has sparked what some call a "green rush" of people trying to cash in on what is already a mu ...
Will legalised marijuana lead to an economic boom? [06.05.2013] Many Washington residents are looking to cash in on the newly legal and potentially lucrative marijuana market, which they hope will give them a new ...
Wall Street sees opportunity in marijuana [22.03.2013] A number of businesses in the burgeoning U.S. cannabis industry are trying to enlist Wall Street's help. Some entrepreneurs see marijuana heading dow ...
State chief consultant Mark Kleiman knows in, outs of pot legalization [19.03.2013] Washington state’s chief pot consultant remains a bit mysterious, but Mark Kleiman's views on legalizing pot are no mystery. He lays them out in “Mar ...
Will high marijuana taxes encourage black markets? [22.02.2013] The cannabis industry is an easy target for legislatures to saddle with heavy taxes. In Washington State for instance, there is a 25% tax at three di ...
Two letters expose rift over new pot law [06.02.2013] A handful of legislators recently drew up a letter raising questions and concerns about the law, including whether it can be implemented by December ...
Groups seek to influence new rules for growing, selling pot [05.01.2013] The Washington state Liquor Control Board (LCB), charged with launching the world's first regulated marijuana market for social use, expects to begin ...
Rocky Mountain high: Pot a $200M industry in Colorado [04.01.2013] Vigorous regulation of a thriving medical-marijuana industry in Colorado offers the best glimpse of what is coming to Washington when it launches its ...
Investors see profit potential in new pot law [30.11.2012] Votes in Washington and Colorado last month to legalize pot for recreational use turbocharged marijuana as a legitimate business opportunity. Busines ...
U.S. marijuana vote threatens to nip B.C. market in the bud [07.11.2012] British Columbia’s multibillion-dollar marijuana industry could take a “significant” blow now that two U.S. states – including its closest neighbour ...
Pot dispensaries clouding medical marijuana's image [05.10.2012] Seattle's first-ever Medical Cannabis Cup — part gourmet weed contest, part trade show, part smoke-in — showcased the entrepreneurial drive and explo ...

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