Marijuana Business News

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Thu
21
Jun

Research finds majority of Canadians want branded packaging for cannabis products

The Canadian parliament passed legislation yesterday which will allow the recreational use of marijuana nationwide. The law could pave the wave for hundreds of new brands, and a new survey suggests that two-thirds of consumers in Canada would prefer branded – rather than generic or plain – packaging for this new market of cannabis products.

Thu
21
Jun

As smaller marijuana businesses get squeezed, state revenue takes a hit

Tyler Kearns, owner of the cannabis cultivation company Seven Leaves, stood in one of his half-dozen temperature-controlled grow rooms on a recent day, surveying a crop derived from the same mother plant.

“We have really tried to educate the general public through talks, tours, communication and presentations,” Kearns said, “to bring a better understanding of the legal California cannabis industry.”

But winning public favor is only half the battle for operations such as Seven Leaves. The other challenge is trying to survive as a small business in the state’s increasingly crowded cannabis industry. At about 10,000 square feet of indoor marijuana canopy, Seven Leaves is small for a California cultivator — the kind of business the new law was supposed to help.

Thu
21
Jun

Manufacturers, retailers comment on new California cannabis regs

With new California cannabis product testing and packaging regulations scheduled to take effect on July 1, legal cannabis manufacturers, distributors, and retailers are feeling increased growing pains as they struggle to fall into compliance.

Thu
21
Jun

These 6 cannabis stocks shot up after Canada legalized marijuana

On Tuesday, Canada legalized marijuana, becoming the world’s second nation (and the first in the G7) to authorize the sale and use of recreational weed. And cannabis stocks are shooting up on the news.

Marijuana legalization, a key promise of Canadian Prime Minister Justin Trudeau’s administration, will go into effect on October 17, Trudeau announced Wednesday.

Thu
21
Jun

Oregon marijuana growers turning to hemp as CBD extract explodes

A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet, one that doesn’t come with a high.

Applications for state licenses to grow hemp, marijuana’s non-intoxicating cousin, have increased more than twentyfold since 2015, making Oregon No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a hemp-derived extract called cannabidiol, or CBD, seen by many as a health aid.

Thu
21
Jun

Aurora Cannabis to spin out U.S. assets into separate company

Canadian shareholders will receive 1 share in new company for every 20 Aurora shares they own.

Canada's second largest cannabis company plans to place its U.S. assets into a new separate company that will focus on investing in the cannabis and real estate sector there.

TSX-listed Aurora Cannabis said Wednesday it plans to distribute units of its subsidiary Australis Capital Inc. to shareholders in the near future.

Thu
21
Jun

Canada: What is the key factor that will drive medical marijuana producer Aphria's value?

As Canada comes close to legalizing recreational marijuana, cannabis stocks have witnessed a sudden surge in their valuation. Despite the vast upside opportunity for pot stocks, the opening up of the recreational marijuana market may be faced with regulatory hardships, just like the tobacco industry.

Thu
21
Jun

Inside one Arizona cannabis operation's mission to spread the culture

Before you see the cannabis, you smell it. Our pickup truck is rolling down a very dusty, very long driveway on the outskirts of Willcox, Arizona—a town that itself feels like the outskirts of anywhere—when the pungent scent floods the car. “I smell cannabis!” exclaims Sunday Goods CEO Randy Smith as we pull up to the "Pharm"—the company’s massive Dutch greenhouse and grow facility. The desert sun glints off of it; the mountains pose behind it; the lush cannabis plant fills it.

It is beautiful.

Wed
20
Jun

PAX 3 Vaporizer Review

So, you are in the market for a brand-new vaporizer. If you are looking for one of the best vaporizers available on the marketplace, look no further. The PAX 3 vaporizer happens to be an excellent option for anyone that is looking for a feature-packed vaporizer. Below, we will be going over what makes the PAX 3 vaporizer such a compelling option.

PAX 3 Vaporizer Review:

1. Vapor Quality  

Image result for pax 3 vape quality

Wed
20
Jun

Crop receives approval for additional 20,000 square feet of recreational canopy at Humboldt California campus

CROP Infrastructure Corp. (CSE:CROP) (OTCMKTS:CRXPF) announces its tenant grower “HEMPIRE COMPANY LLC” has received final approval for an additional twenty thousand (20,000) square feet of recreationally licensed canopy space from CalCannabis Cultivation Licensing, a division of the California Department of Food and Agriculture (CDFA) for the Humboldt California Campus as announced on May 9th 2018.

The Humboldt Campus consists of an operational 10,000 square foot medicinal cannabis greenhouse facility and has now obtained an additional 20,000 square feet of recreational licensed canopy. It is expected that the HEMPIRE COMPANY LLC will commence plant population in June/July 2018.

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