Marijuana Business News

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stocks
business
Fri
13
Nov

Cannabis and a Pandemic: What’s Going On?

In states across America where cannabis is legal, dispensaries and pot boutiques have been deemed essential during the COVID-19 pandemic.

It’s a decision that may have baffled those who don’t partake but it made perfect sense, from a public health perspective.

Thu
12
Nov

The Cannabis Industry Could Post Substantial 2020 Growth

Will Marijuana Stocks Continue to Perform Into 2021?

Thu
12
Nov

How recreational marijuana will impact Montana's agriculture industry

The legalization of recreational marijuana in Montana brings a new industry to the state. While it does bring a change to the state's economy agriculture, experts say it won't impact the agriculture industry.

Northern Ag Director Colter Brown says we probably won’t be seeing acres of planted marijuana across the state, but farmers have started taking notice.

“It’s certainly grabbed a lot of attention, and farmers are looking for anything to generate a profit. They always are, but I don’t think it’ll be marijuana," says Brown.

Thu
12
Nov

Buyers Start To Buy Up Ohio Medical Marijuana Dispensaries After First Year Of Operation

Buyers, including publicly traded companies, have started buying Ohio medical marijuana dispensaries as the required state waiting period expires.

An operator based in northern Ohio and a Canadian company acquired stores this fall, and a national cannabis brand announced intentions to acquire a group of dispensaries owned by Central Ohio’s Hondros family of companies.

Thu
12
Nov

Recreational Weed Now Legal in Arizona, but Shops Can’t Stock It Immediately

Cannabis users in Arizona will only have to wait a couple weeks to smoke out legally under a new law passed Nov. 3, but they shouldn’t hold their breath for shops.

Those are several months away.

Proposition 207, the Smart and Safe Arizona Act, which passed by a 60%–40% margin in last week’s election, will allow adults to travel with up to an ounce and grow six plants at home. It will create a recreational market managed by the state Department of Health Services, revamp penalties for illegal possession, reduce penalties for minors, and channel an estimated $166 million annually into public health, safety and education.

Thu
12
Nov

Cannabis farms struggle to survive California wildfires without insurance

California’s record wildfire season has left many cannabis growers concerned about Croptober – the primary harvest season for marijuana sold in California, where it’s legally consumed.

As fires continue burning into the record book, California growers – whose operations are federally illegal and therefore difficult to insure – are demanding protections for their billion dollar industry.

Cannabis farms, as well as wineries, agricultural farms, have been hard hit by the wide range of California fires, and the toll faced by cannabis farms is among the worst.

Thu
12
Nov

A Place Where Cannabis Is Tolerated, & Prosecutions Are Rare

With New Zealand’s recent referendum on the legalization of cannabis, the drug has become a subject worthy of public debate again.

In countless debates over marijuana worldwide, The Netherlands is often included as an example of a “marijuana-legal country”.

Photos of Dutch national queueing up outside “coffee shops” (the Dutch way of saying cannabis café) before they were closed due to the coronavirus pandemic further enhanced the country’s association as a weed smokers’ paradise.

While the conventional wisdom might be that cannabis is legal in this liberal country, the truth is that it is not, and will most likely not be legal in the future.

Wed
11
Nov

Looking for Medical Cannabis Stocks? Here Are 2 For Your Marijuana Stock Watchlist

The Rally Continues with Cannabis Stocks

Wed
11
Nov

Indiana farmers now allowed to grow commercial hemp

Devin Crispin began growing hemp in 2019 in hopes of producing CBD oil.

He said the new plan provided by the government allows farmers to have clearer picture of what to expect before they begin the process like when to harvest and how to test their plants’ THC levels.

“We have a pretty good handle on what the new regulations will be. I think the benefit will be having a firm rule in place so that people can make investments and decide what they’re willing to risk without changes coming down that could affect their businesses.”

Wed
11
Nov

New Mexico: Recreational marijuana could generate up to $800 million a year, according to new estimates

State lawmakers received new estimates on how much money the state could generate from legalizing recreation marijuana. The latest projections show a large increase from the previous estimate.

Recreational marijuana will be back on the table when the 60-day legislative session starts Jan. 19.

"I believe the time is now, I believe New Mexico is at the cusp of being a national leader in recreational cannabis legalization and am I looking forward to making that happen,” said Rep. Javier Martinez (D-District 11).

Rep. Martinez will be leading the effort. Lawmakers got an update on the process during a Tuesday committee meeting.

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