Marijuana Business News

Synonyms: 
stocks
business
Tue
21
May

Marijuana stocks to get excited about this week

The marijuana stock market has left nothing to be desired for investors who have been watching the industry for some time now. The market has changed quite drastically over the course of the past few years which is one of the main reasons so many people have flocked to it. One of the largest shifts has been that of the general aura surrounding the industry. Many people have become overwhelmingly comfortable with the idea of legal cannabis, which has, in turn, made the investor space one of the friendliest that we have ever seen.

Tue
21
May
Tue
21
May

South African company approved to export cannabis to Canada

The South African Health Products Regulatory Authority (SAHPRA) recently opened the door to medical marijuana production.

The SAHPRA has granted three licenses to companies to grow medical marijuana for research purposes, local use and export.

House of Hemp backed by Afriplex received the first license to produce medical marijuana by SAHPRA earlier this year. Now, Leaf Botanicals have signed an agreement to export locally-grown cannabis to Canada.

While there is a lot of anecdotal evidence of marijuana being a panacea, there is still surprisingly little evidence to back the many claims. Marijuana is currently only recognised to aid in patients with chronic pain and multiple sclerosis in South Africa at the moment.

Tue
21
May

Big things are in the works for marijuana stocks

The marijuana stock market has been moving forward with quite a large amount of propensity toward the future. In the past few years, we have seen the industry change quite drastically, allowing companies to reach their full potential or at least move toward it. Although there is still a long way to go, it seems as though we are on the right track for meeting future goals. One of the most important things to keep in mind is to always do the research and to not be consumed by only the companies at the top of the industry.

Tue
21
May
Tue
21
May

Illinois Cannabis Legislation: The cracks in the artwork

Illinois recently came out with the first draft of legalized cannabis legislation. The bill is loaded with social equity provisions which include a program to provide low-interest loans for “social equity applicants”.

Like any first draft nothing is final and everything is a work in progress. When looking at the bill, I noticed that there are some provisions that may not conform with federal legal standards, some provisions that could bring legal challenges and some provisions that may lack consistency with other parts of the proposed legislation.

Tue
21
May

5 Science-backed ways CBD can boost your daily routine

Cannabidiol (CBD) is seemingly everywhere, touting therapeutic effects ranging from relief for chronic pain to sleep, anxiety, and more. Finding the best ways of incorporating CBD into your daily routine can enhance your quality of life.

While CBD has several benefits, plenty of misinformation still surrounds this non-intoxicating compound from cannabis. Some companies producing CBD-infused everything are just hopping on the next wellness trend with little to show, but that doesn’t mean CBD can’t improve your lifestyle when used right.

Let’s look at the science-backed ways CBD can improve your daily life:

Mon
20
May

Paranoia in the markets: 4 hot cannabis stocks to ponder

Though Canopy Growth‘s (TSX:WEED)(NYSE:CGC) deal with Acreage Holdings Inc. should perhaps have been a cause for celebration in the cannabis stock trading community, the somewhat negative press that followed, including criticism of the deal, seems to have hurt the sector more than might have been expected.

Mon
20
May

California's marijuana industry is a mess, new data shows

On the surface, the marijuana industry looks like the greatest thing since sliced bread to hit Wall Street. We're talking about an industry that's been collecting tens of billions of dollars under the table for decades and is now stepping into the light of legality. After generating $12.2 billion in worldwide revenue in 2018, some Wall Street investment firms foresee legal weed sales hitting up to $75 billion a year globally by 2030.

Mon
20
May

The Emerald Cup is expanding to Europe

The world’s premier outdoor cannabis event is going international. This August, the Emerald Cup will partner with a cannabis education festival in Britain for a cannabis cultivation event on the other side of the Atlantic.

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