Marijuana Business News

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stocks
business
Thu
19
Sep

CannTrust’s cannabis sales licence suspended by Health Canada

CannTrust Holdings Inc.’s licences to produce and sell recreational and medical cannabis in Canada were suspended by federal regulators on Tuesday, the latest blow to the beleaguered pot firm after an inspection uncovered that it grew thousands of kilograms of marijuana in unlicensed rooms.

CannTrust said in a statement that it received notice from Health Canada earlier Tuesday morning that it won’t be able to sell and produce cannabis, other than cultivating and harvesting existing plants.

Thu
19
Sep

Tech company aims to revolutionize cannabis supply chain

The legal cannabis industry is a work in progress. In many ways, the industry shapes itself as it grows and as more and more places continue to legalize weed.

A key part of this evolutionary process is figuring out what aspects of the burgeoning industry work and what parts don’t, and then searching out solutions to improve the system.

Cannabis logistics company WAYV is the latest example of this evolution. The company just announced the rollout of its “Dynamic Distribution” technology. Designed to streamline the entire supply chain, Dynamic Distribution aims to improve the legal cannabis industry for everyone involved, from cultivators and distributors, to retailers and consumers.

Thu
19
Sep

2 cannabis stocks to watch before the end of the week

The marijuana stock market has shifted very rapidly over the course of the past few years. With so many pot stocks to watch and pot stocks to choose from, it seems as though the choice can be quite difficult. This choice, however, is just the reason you’re here. One of the key things to note about pot stocks is that they come from all around the industry. Companies in the cannabis stock market can be ancillary businesses such as marketing and packaging companies. Additionally, they can also be the raw growers of the substance itself.

Wed
18
Sep

3 weed stocks ready for epic growth

The pot industry is full of unknowns, yet investors are very much into the green rush. Global consumer cannabis spending could touch $16.9 billion this year, and marijuana sales worldwide could top $31.3 billion in 2022.

The optimistic forecast is only three years away. Now is the time to pick the pot stocks that are on the verge of growing in epic proportions.

Wed
18
Sep

U.S. Cannabis Industry Market Projections Up 20% to $30 Billion by 2025

New Frontier Data, the global authority in data, analytics and business intelligence for the cannabis industry, in partnership with

Wed
18
Sep

Hemp is back in Chile, and the market is ready for investment

 

INTERVIEW: Barbara Galletti is co-founder and CEO of Pronatura Ltda., and co-creator of Nutranabis, the first Chilean brand exclusively dedicated to the re-introduction and commercialization of organic hemp products in Chile. Galletti’s work has been crucial in opening Chile’s hemp market by regularizing the process for import and sales of hemp products. Galletti will be a speaker at the Latin American and Caribbean Hemp Summit, Montevideo, Uruguay Nov 8-9, 2019.

Hemp Today: How has the hemp industry developed in Chile to this point?

Wed
18
Sep

Does overregulation drive black market marijuana?

A new study found that high taxes and cost of compliance keeps many small-time players within the black market in legalized states.

If you believe Donald Trump, you’d believe that all vaping is created equal. “People are dying with vaping,” he said in explanation of his administration’s decision to flavored e-cigarettes. “A lot of people think vaping is wonderful, it’s great. It’s really not wonderful.”

Wed
18
Sep

Shopify agrees to hemp-derived CBD sales

Leading e-commerce platform Shopify Inc. (NYSE:SHOP)(TSX:SHOP) has finally opened its internet doors to hemp-derived Cannabidiol or CBD. The company announced new features on its platform to help U.S. merchants sell these products online or in brick-and-mortar retail locations, as long as that state permits such sales.

Tue
17
Sep

3 top cannabis stocks to buy now

Investing in cannabis stocks isn't for the faint of heart. The wild up-and-down swings can be dizzying. The risks are real. But the potential pay-off over the long run could be enormous.

Choosing which cannabis stocks to buy involves the same process as investing in any other kind of stock. You'll want to find well-run companies that have great growth prospects, a strong competitive advantage, and a solid financial position.

Tue
17
Sep

Legal edibles, other derivatives should add 3 million consumers to Canadian cannabis market

The second great Canadian cannabis rush is nearing the starting line, with pot entrepreneurs looking to stand out amid an onslaught of soon-to-be-legal edibles on the market.

Legal cannabis edibles and other derivatives are expected to grow Canada’s cannabis market by three million consumers, or 65 per cent, according to a poll commissioned earlier this year by a leading industry data collector.

The survey, conducted with 3,000 respondents last May by Lift & Co. and Ernst and Young, suggests the country’s 4.6 million adult cannabis users will grow to about 7.6 million after a wider variety of non-smokable licensed products go on store shelves at year’s end.

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