Marijuana Business News

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business
Fri
18
Dec

Marijuana Money

money in bills falling

The big news this week of course was the announced merger between Aphria and Tilray. Aphria will own over 60% of the combined entity and Irwin Simon, Aphria’s CEO will take on the same role at the new company. However, it will be known as Tilray and use the Tilray symbol. 

Mind Medicine (MindMed) Inc. (NEO: MMED) (OTCQB: MMEDF) raised C$80 million in an upsized bought deal. the company said the net proceeds will be used for investment in Project Lucy, Albert (the company’s digital medicine division), additional microdosing research and development, Project Layla (18-MC) as well as general working capital. The original raise was planned for $50 million. 

Fri
18
Dec

Legislature should legalize marijuana or voters will do it for them

holding up a marijuana leaf in from of American flag

Public and political support for legalizing recreational marijuana use has surged. Florida lawmakers need to accept that reality and come up with effective legislation. If not, the public will legalize pot via constitutional amendment. (Photo by strelov/Getty Images)

When it comes to legalizing marijuana in Florida, the question is no longer whether it should be legalized. The question is whether lawmakers want a role in that process.

We think they should. But first, lawmakers have to accept a simple reality.

It’s time to legalize recreational use of marijuana for adults.

There are plenty of reasons, not the least is that resistance has become futile. The political will to legalize pot is strengthening. A growing majority of Americans want it.

Fri
18
Dec

Plant Hemp Trees & Save the Bees

bee flying towards a marijuana plant

 

Bees Love Cannabis Too!

In the American agricultural landscape, industrial hemp, Cannabis sativa (Cannabaceae), is a newly developed and rapidly growing crop. Hemp lacks nectar but, as an exclusively wind-pollinated crop, produces an abundance of pollen in agricultural landscapes during a period of time referred to as floral dearth. Researchers have found that a number of bee species are attracted to these pollen plumes, yet the diversity of floral visitors and their use of hemp in a variety of agricultural contexts remains uncertain.

Fri
18
Dec

Best Vape 2020 in California's Cannabis Mecca

Vaping is quickly becoming a preferred way to smoke for many people. And for good reason, vaping has some advantages. It is more discreet than other forms of smoking as here is little to no order to mask. A vape pen can be slipped into a pocket or purse and smoked easily without requiring a bunch of extra supplies. These are just a few examples as to why vaping is trending up. However, the rise in popularity has created a saturated market leaving it difficult for consumers to choose.

To help you navigate the vaping selection, we’re sharing four of our favorite vaping products from four of our favorite brands and offering tips for choosing the ones that are right for you. Without further ado, let’s dive into the top vaping products to rise above the crowded market.

Thu
17
Dec

2 Marijuana Stocks To Watch Before January

paper money under a marijuana leaf

2 Top Marijuana Stocks To Add To Next Months Watchlist

Thu
17
Dec

Aphria and Tilray’s Merger Could Create the Largest Cannabis Company in the World

marijuana pants

Merger and acquisition activity is what has the stocks moving. Pot producers Tilray and Aphria announced an all-stock business combination creating what the pair calls the largest cannabis company in the world, with annual sales of roughly $675 million.

Tilray stock was up about 30% in premarket trading. Aphria stock was up about 13%.

Thu
17
Dec

What are the factors to consider before starting a cannabis dispensary?

woman as dispensary counter

If you are looking to do a business with marijuana or hemp products, you can do so after preparing yourself with the rules, limitations, and processes involved. Since several states in the United States are legalizing the use of cannabis, the business has a future. However, you have to go through a lot before setting up your dispensary. You have to take care of several factors such as the licenses and permits required, rules and regulations for the use of cannabis, and a lot more. Apart from these, you have to concentrate on the constituents of the cannabis products you are about to sell. There will be some rules on these constituents also.

Thu
17
Dec

California Cannabis Industry May See Loosened Regulations

worker cutting up marijuana leaves

The Bureau of Cannabis Control‘s Cannabis Advisory Committee approved recommendations that would relax several regulations for the California cannabis industry, aimed at helping struggling cannabis businesses. The recommendations were included in the state panel’s annual report.

While arguably the largest state market for cannabis in the United States, California legal cannabis businesses struggle with competition from illegal cannabis sellers, among many other obstacles to expanded profitability. Though classified as essential services by the state, the businesses also have been affected by the COVID-19 pandemic and new public health requirements for retail and manufacturing industries.

Thu
17
Dec

Cannabis Safety Needs To Be Balanced With Sustainability

marijuana hanging to dry

The cannabis industry is booming all over the globe, mostly from a medical cannabis standpoint. 

Dozens of countries now allow some form of legal medical cannabis industry to operate within their borders, and some of those countries also have some type of legal import/export industry.

Adult-use is far more limited.

Only two countries, Uruguay and Canada, allow a legal adult-use industry to operate, and in the case of Uruguay, sales are only allowed for residents.

Thu
17
Dec

These Are the Top 5 Most In-Demand Cannabis Jobs for 2021

person handling marijuana leaf

As we head into a new year—amidst a global pandemic, no less— hundreds of thousands of American citizens are unemployed nationwide. But legal cannabis businesses, from seed-to-sale, ancillary to multi-state operators, are still hiring in droves. The industry is poised to be the largest creator of jobs over the next decade, driving a workforce mobilization not seen since World War II.

Operating on the frontlines of this hiring blitz, we see opportunities and trends continue to crop up. Here is a countdown of five jobs that will be of the utmost importance in 2021.

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