North America

Wed
10
Jun

Hemp Went Up Then It Went Down: What’s Next?

When hemp and cannabidiol (CBD) finally hit the stock market – after decades of nationwide prohibition – many investors saw an opportunity. However, in 2019, much of the optimism behind hemp’s stock jump came tumbling down – namely due to an overabundance in products and lack of demand for this quantity.

So, where can we expect the hemp stocks into the future?

Mon
08
Jun

It's wild how many fighters in the UFC are using cannabis

A poll of 170 mixed martial arts fighters found that nearly half of the respondents use cannabis for recreational or recovery purposes and the overwhelming majority — nearly 80 per cent — have used CBD products. 

Mon
08
Jun

Dark Web Marijuana Sales Soar During Pandemic

The continued global crisis makes it difficult to know how black-market consumer behavior will change in the future.

The coronavirus pandemic caused an uptick in doomsday hoarding behavior, with Americans stocking up on toilet paper, frozen poultry, and hand sanitizer. They also bought a bunch of marijuana.

Previous data showed legal cannabis sales skyrocketed when Americans became serious about the pandemic around mid-March. But now we have a better idea of how COVID-19 affected black market sales.

Mon
08
Jun

Are Amazon, Uber, etc. the future for delivering post-pandemic cannabis?

It’s hard to say where we are in the COVID-19 pandemic right now, as infections and deaths continue to rise. But there have been movements in the cannabis industry that are changing the way the industry operates amid the pandemic that may stay post-pandemic.

Being allowed to operate as an “essential” business in the U.S. — which had a few bumps in the road between including both medical with recreational as essential businesses in states such as Colorado (that state quickly changed and added recreational) and Massachusetts — was one positive result that gave the industry some needed respect.

Sales have been strong, and delivery options were expanded as well.

Thu
04
Jun

Black-Owned Cannabis Businesses You Can Support Right Now

The movement to show support for Black Lives Matter has encompassed the nation. Protests have erupted calling for systematic change, police have responded with tear gas and rubber bullets, stores have been ransacked, including some in the cannabis industry.

We help, in part, beginning in the smallest way—where our money goes.

Thu
04
Jun

Using Tech to Increase Employee Health and Safety

From cultivators to dispensaries, cannabis operators are required to get creative and deploy new ways to manage day-to-day business activities as the coronavirus pandemic shapes the “new normal”.

While some have seen an increase in demand, others are facing tough decisions when it comes to production and staff. Either way, cannabis companies are doing everything they can to avoid furloughing staff.

No matter the situation, it’s important to make data driven decisions. That’s why many are turning to cannabis-specific technology to better manage their operations. With the right tools in place, cannabis operators have been able to alter protocols and adjust processes to keep employees safe and maintain an efficient workflow.

Thu
04
Jun

Cannabis and Coronavirus: Adjusting Against a Backdrop of Social Unrest

The first week of June arrived in America as states struggled to “reopen,” with retailers and other types of vendors taking cautious steps toward the second phase of Federal and state officials’ plans for kick-starting the U.S. economy.

At the same time, the death of African American man George Floyd on May 29 ignited nationwide protests against police brutality and supporting Black Lives Matter, among other civil rights groups.

Fri
29
May

COVID-19's Surprising Impact on Cannabis Sales

For the past couple of months, the coronavirus disease 2019 (COVID-19) pandemic has wreaked havoc on the U.S. and global economy. In the U.S., more than 39 million people have filed an initial jobless claim within the past nine weeks, while the unemployment rate in India has increased from 8.7% in March to more than 27% by May 3.  Regardless of the country, the results are similar.

COVID-19 has also been relatively indiscriminate when it comes to the economy. Though pockets of strength have emerged, most industries have been negatively impacted by the spread of the coronavirus and the mitigation measures put in place to curb its transmission.

Fri
22
May

Will Summer Give These Two Marijuana Stocks The Boost That They Need?

As Summer fast approaches, it seems as though gains are continuing to enter into the cannabis industry. Prior to this month, the coronavirus was doing a great job wreaking havoc on marijuana stock prices. But in the past few weeks, we have witnessed some real positive sentiment enter into marijuana stocks. While part of this is due to increased demand for marijuana, the other part seems to be that investors are becoming more and more comfortable with investing in a coronavirus stricken world. Given that this virus has been taking a toll on the cannabis industry for some time, enough time may have gone by to allow things to calm down.

Thu
21
May

Did You Give Up Too Soon on Marijuana Stocks?

The COVID-19 pandemic has wreaked havoc on the global economy. For most businesses, the struggle is continuing, while a few -- like those in the healthcare sector -- are comparatively secure, with the companies within working to fight the crisis. Healthcare might be a predictable safe space amid the pandemic, but there's one flourishing sector that's more of a surprise: marijuana

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