Marijuana Business News

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stocks
business
Tue
28
Jan

3 Key South American Cannabis Markets Investors Need To Be Watching

The cannabis sector has recorded significant advancements during the last year, as new markets have opened up and this is a trend that our readers need to be aware of.

New markets create additional opportunities for all types of companies, and we have been working to identify the businesses that will benefit the most from the cannabis legalization trend. South America has been a hotbed of activity for the legal cannabis industry and we are favorable on the economics associated with the production of cannabis in this region.

Tue
28
Jan

Don't Ignore Women In Weed

Five years ago the shelves of most dispensaries housed sugary edibles, strong concentrates and a selection of flower with as much THC as a grower could manage. The industry and its products were geared towards the male consumer who dominated the market.

Fast forward to 2020 and markets like California are seeing a rise of women-centric cannabis products and services -- low dose mints, high end topical oils and lotions, CBD bath balms, mini-joints with low levels of THC that everyone can enjoy.

Tue
28
Jan

Beware Of Fake Celebrity Cannabidiol Endorsements

A bunch of celebrities have been jumping on the medical and adult-use cannabis bandwagon. Where they haven’t; some have been pushed onto it – without permission.

The last thing a relatively new industry needs are snake-oil salesmen and shonky marketing tactics, particularly where that industry is focused on health and wellness.

Tue
28
Jan

Illinois: More People Apply for Medical Marijuana To Avoid Paying High Taxes

Think about the tax revenue we could generate from the legalization of marijuana. That’s the spiel the cannabis advocacy community has been selling for decades to get a square nation to embrace greener times. But now that lawmakers are starting to listen to the cries — moving to legalize the leaf in their respective neck of the woods — the tax thing has sort of stuck in their craw. In Illinois, which just went legal at the beginning of the year, customers are seeing some of the highest tax rates in the nation on marijuana sales. It’s given them a bit of sticker shock, too. Some of them are even threatening to stay put in the underground market until the legal stuff is more affordable. But others have come up with a better plan to avoid paying the state’s high pot taxes.

Tue
28
Jan

Marijuana Stocks To Watch Going Into Next Month

As the end of January, approaches we are seeing that marijuana stocks are showing a bit more promise. With the new year underway, it seems as though there is a lot to look forward to. With 2019 ending on a slightly higher note than the rest of the year, many are waiting for pot stocks to begin a climb toward the future. 2019 was quite a tough year for marijuana stocks with many companies in the cannabis industry shooting down by substantial amounts in terms of value and market cap. 

Tue
28
Jan

Uganda: Government Sets Strict Rules for Marijuana Growing

Individuals and companies seeking to grow or export marijuana for medical purposes will be required to present minimum capital of $5m (Shs18.3b) and a bank guarantee of Shs4b.

Investors will also be required to present a tax clearance certificate from the Uganda Revenue Authority, lists of employees and their job descriptions, a valid trading licence, evidence of value addition to cannabis and audited accounts.

The marijuana farms/sites must not be located near schools, hospitals and residential areas and in case of any associates/business partners, the details must be disclosed to government, including site designs, a robust security system with access control systems and intrusion systems in place.

Tue
28
Jan

Seth Rogen And Evan Goldberg's Weed Brand Is Not Only Beautiful, But Also Committed To Social Justice

It’s been nine months since Canadian actor, writer, producer, and director Seth Rogen co-founded his Cannabis brand Houseplant with his childhood friend and Pineapple Express creator and screenwriter, Evan Goldberg. Launched in April of last year, in partnership with corporate giant Canopy Growth Corporation, the Toronto-based business has managed to leave their mark by offering a variety of high quality Sativa, Indica and Hybrid strains, all sold in well-designed, colorful packages.

Tue
28
Jan

The Year Ahead For CBD

To say that 2019 was a boom year for the CBD industry would be a massive understatement, and 2020 is primed to top the record sales and product innovation that have come to characterize this surging market.

Mon
27
Jan

Why CBD Stocks Could Soon Skyrocket

You might have thought that 2019 would be a great year for cannabidiol (CBD) stocks. I certainly did. After all, hemp-derived CBD was legalized in the U.S. in December 2018, when the 2018 Farm Bill passed both houses of Congress and was signed into law by the president.

But an ominous consumer warning by the Food and Drug Administration (FDA) in November caused marijuana stocks, especially those with CBD business in the U.S., to collapse. Now, though, there's a good reason to think that CBD stocks could soon skyrocket and not look back. Here's why.

Mon
27
Jan

Will medical cannabis soon be part of the European Single Market?

Prior to discussing the recent legal developments in the field of medical cannabis, it is important to distinguish between medical cannabis and EU-approved medicinal products derived from cannabis. Medical cannabis is cannabis grown for medical purposes, whereas EU-approved medicinal products encompass certain medicines derived from cannabis and containing an amount of the active ingredients of cannabis, such as tetrahydrocannabinol (THC) and cannabidiol (CBD). The EU has approved some medicinal products derived from cannabis but has not yet approved medical cannabis itself as a medicinal product.

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