Marijuana Business News

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business
Tue
23
Feb

Edibles Outperform Cannabis Industry Growth in 2020

stacks of packaging with cannabis buds

The COVID-19 pandemic has caught the world completely off guard. It changed the way everything works, and it made a significant impact on most industries all over the globe. The cannabis industry also saw some massive changes due to its impact.

Tue
23
Feb

5 Early Cannabis Industry Trends To Watch In 2021

hand holding out cannabis buds against a red background

Cannabis concentrates of all kinds have been growing in popularity, but last year, rosin rose to the top. This year, we expect solventless cannabis to get even more famous.

Mon
22
Feb

3 Top Cannabis Stocks to Buy in February

two marijuana leaves against white background

Former TV news anchor Dan Rather has referred to certain political races in the past as hotter than "a Times Square Rolex," "the devil's anvil," and "a Laredo parking lot." His folksy descriptions could just as readily apply to the U.S. cannabis market. No matter how you look at it, pot is hot.

Some investors have jumped on the bandwagon of marijuana stocks with less-than-solid underlying businesses. The smarter move, though, is to go with the stocks of well-run companies with strong growth prospects. Here are three top cannabis stocks to buy in February that check off those boxes.  

Mon
22
Feb

A Great Way To Celebrate Black History Month? Ask African American Cannabis Entrepreneurs Why They Chose That Industry

young man amongst cannabis leaves

“Because I would like to see my people liberated,” entrepreneur Al Harrington recently replied pointedly when asked why he chose the cannabis industry after retiring from professional basketball.

Harrington – CEO of Los Angeles-based canabis company Viola Brands – was also clear about his entrepreneurial focus. “Black people who suffered a lot,” he said.

“When you think about the cannabis plant and what it has done to my community, 85 percent of all drug arrests are cannabis-related,” Harrington explained. “Our [white] counterparts are bragging on panels that they paid their way through college by selling weed on campuses, and that they never had any interruptions or issues.

“I’m fighting for the people that are still locked up.”

Mon
22
Feb

California Places Medical Marijuana Workers at the front of the Vaccine Plan

person buying cannabis from a dispensary

The state of California placed medical marijuana workers in Phase 1A of the vaccination plan, which means they would have access to the vaccine before teachers.

Leave it to Nature has been open since the start of the pandemic, serving people who use marijuana as a form of medicine.

“Us being deemed essential from the start essentially is keeping us working,” Gary Vanderburg said, the manager of Leave it to Nature. “We do help a lot of patients here for medicinal reasons.”

According to the United Cannabis Business Association, the state placed cannabis workers in Phase 1a on February 4.

Mon
22
Feb

Illinois: Marijuana Consumers Still Face Discrimination in Family Court

person with medical gloves using a gavel

By now most people are aware that Illinois passed sweeping legislation in 2019, which decriminalized cannabis for recreational use. The law also contains provisions to prevent discrimination in certain legal proceedings. But the anti-discrimination provision is not being widely followed by courts – at least not in some parts of the state.

Mon
22
Feb

'Huge potential': Can India’s medical Cannabis market thrive?

Indian flag flying

After nearly 59 years, the Commission on Narcotic Drugs (CND), the UN’s central drug policy-making body, recently voted to remove Cannabis from Schedule IV of the 1961 Single Convention on Narcotic Drugs - where the strictest control measures apply, and its use was generally discouraged for medicinal purposes. 

27 of the CND’s 53 Member States, including India, the United States and most European nations, voted “Yes” on the motion.

If the idea is to genuinely tackle and provide a solution for medical ailments using Cannabis, the regulations in India already provide for it under Ayurveda. 

Mon
22
Feb

Cannabis Packages Adapt to Consumer Preference

cannabis buds being weighed

As cannabis continues to grow in legality for both medicinal and adult-use, consumers have indicated changing parameters for which format they prefer, with concentrates and edibles muscling in on dried flowers stronghold.

Mon
22
Feb

The Bizarre History and Promising Future of Delta 10 THC

marijuana leaves

Yes, you read that right. We have another form of THC to explore – meet Delta 10 THC, a new cannabinoid with a short but interesting history.

Delta 10 THC is one of the hundreds of cannabinoids found in cannabis. But unlike some of the bigger names like CBD, Delta 9 THC, CBGCBN and Delta-8 THC, Delta 10 is not a naturally occurring plant compound, although it does start off that way.

Mon
22
Feb

4 Reasons Why The Marijuana Industry Has Become So Profitable

stack of pennies

In the past few years, there has been one major central theme debated heavily by society. That is the legalization of cannabis. The once demonized plant stigmatized to cause delusions and murderous tendencies have been finally revisited and approved by government officials. As the health benefits of cannabis become more prominent, more and more stares are starting to legalize it.

In fact, legal cannabis has been taking over the market and skyrocketing in growth. During its first year of legalization in Colorado, the state earned over 700 million dollars in tax revenue. The number has since grown to more than a billion dollars a year.

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