Marijuana Business News

Synonyms: 
stocks
business
Wed
08
Jul

Arkansas: Cannabis Supply Problem, Real or Not, Roils Industry as State Adds Licenses

As Arkansas’ medical marijuana industry blossoms, with the state issuing more licenses for cultivation centers and dispensaries to serve more than 60,000 authorized Arkansas patients, cultivators are pushing back against a narrative that short wholesale supplies have kept prices too high for some patients to buy.

“The argument for issuing additional grow licenses was based on the idea that cultivators charge too much for cannabis,” one grow operation executive told Arkansas Business. “They said basically that there’s no supply and patients can’t get their medicine. That’s simply not true. We welcome competition and the issuing of new licenses, but not under a false premise.”

Tue
07
Jul

The Cost Of Cash For Unbanked Cannabis Businesses

Cannabis is legal in a majority of states but remains illegal at the federal level. This legislative divide creates uncertainties that dissuade most federally regulated banks from servicing the cannabis industry. With banking providers in short supply, cannabis businesses are struggling to earn and maintain the same access to financial services as their peers in traditional retail industries.

Tue
07
Jul

Cannabis Investment: All You Need to Know

Cannabis and its derivative products are all the rage right now. State after state legalizes its recreational use and dispensaries all over the country are making loads of money. The medicinal aspects of the plant are also heavily taken advantage of by big pharmaceutical companies, with new, branded drugs being released with cannabis as their primary component. 

Mon
06
Jul

Why Cannabis Entrepreneurs Need To Keep Their Records In Order

Your company’s records are the most reliable way to prove business growth and regulatory compliance. While you might claim that your company has experienced exponential growth, you need evidence to back it up. Savvy investors (the kind with whom you want to business) aren’t going to take your word for it alone. Nor will the government. But both will require proof, which makes a strong records retention process a critical piece to any cannabis operation.

So, what needs to be recorded, and how do you take the pain out of the process? Here are four tips for successful records retention.

Mon
06
Jul

What to Expect from Marijuana Stocks in July

Thu
02
Jul

2 Marijuana Stocks With the Most Cash in 2020

Since the beginning of the year, marijuana companies have seen dramatic declines due to concerns regarding oversupply in Canada and the uncertainty of legalization in the U.S. Year to date as of June 28, the ETFMG Alternative Harvest ETF (NYSEMKT:MJ), an exchange-traded fund tracking the performance of pot stocks, has declined by more than 25%. During the same period, the S&P 500 index fell by less than 7%.

Thu
02
Jul

Australia: NT Farmers Association Promoting Hemp Cultivation

In Australia, the NT Farmers Association (NTFA) is encouraging agricultural producers in the Territory to take a crack at growing industrial hemp now that it is legal to do so with a licence.

The Northern Territory Government planted its first crop of industrial hemp in 2016, but it wasn’t until May 2019 that the Territory’s Hemp Industry Bill was tabled. The bill passed in August last year and the Hemp Industry Act and accompanying regulations came into effect in early May.

Thu
02
Jul

U.S. hemp association names 2 new board members amid reset

The U.S. Hemp Industries Association (HIA) has appointed two new members to its board of directors. HIA named Tim Gordon, Chief Science Officer at CBD maker Functional Remedies, and Todd Runestad, an editor at the New Hope Network & Natural Products Insider website, to board positions, the Association announced in a press release.

“The addition of these two on our already stellar board creates the foundation needed as hemp industries expand globally,” said HIA President Rick Trojan of Colorado-based Hemp Road Trip.

Thu
02
Jul

Sustainable Hemp Farming: Promoting Regenerative Agriculture In Hemp

The hemp industry prides itself on being more sustainable, but behind that image there’s still waste and room for improvement.

In theory, farming hemp should not be considered damaging to the earth at all. In fact, hemp can be regenerative to the soil on which it’s farmed.

Yet due to the dramatic consumer demand that companies are rushing to meet, many companies (and thus farmers) are now focused on making as much hemp as possible leaving little to no attention on its quality or the soil on which it was grown on. Our legislation is to blame as well: the law which legalized hemp can lead to the forced excessive destruction of perfectly healthy hemp plants. 

Thu
02
Jul

The Richest Cannabis Businesses in 2020

More and more countries decide to legalize cannabis and give entrepreneurs a chance to make money and keep the economy. 

Pages

Subscribe to RSS - Marijuana Business News