Marijuana Business News

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stocks
business
Thu
20
Feb

Has The CBD Market Hit A Major Point Of Saturation?

One of the most exciting verticals that is commonly associated with the cannabis sector is related to the opportunity that is surrounding cannabidiol (CBD) and other high-value cannabinoids. During the last year, we noticed an increase in the number of mainstream retailers carrying CBD products, and this is a trend that our readers need to be aware of.

From shopping centers to gas stations, from vitamin stores to supermarkets, we are impressed with the increase in the types of stores that are selling CBD infused products and are favorable on the distribution that is associated with it. Over the next year, we expect the CBD industry to report continued growth and this is an opportunity that we want to cover in-depth.

Wed
19
Feb

USDA announces details of hemp insurance programs

The United States Department of Agriculture announced the availability of two programs that would protect hemp producers' crops from natural disasters.

The first program, a pilot hemp insurance program offered through Multi-Peril Crop Insurance, provides coverage against loss of yield for hemp grown for fiber, grain or cannabidiol (CBD) oil, and is available to hemp producers in 21 states, including Michigan.

To be eligible, a producer must have at least one year of history producing the crop and have a contract for the sale of the insured hemp.

The minimum acreage requirement is five acres for CBD oil and twenty acres for grain and fiber.

Wed
19
Feb

Colorado Cannabis Companies Circumventing Ad Restrictions by Adopting Highways

It’s quite the conundrum in our ad-heavy society, keeping kids away from certain commercial messaging. In many states, cannabis companies are particularly censored in this regard. Colorado is one of them. In the first state to legalize recreational cannabis, such companies are banned from TV, radio, and print ads to which minors could be exposed. Social media is a bit of a minefield for hopeful cannabis advertisers to traverse. Many kinds of outdoor advertising have also been banned. 

But for years, the state’s cannabis brands have found a workaround. 

Wed
19
Feb

Forget High Grade Marijuana, Consumers Just Want Cheap Weed

The cannabis consumer has spoken with their wallets and what they want is affordable marijuana with high THC content.

In recent years, a string of marijuana companies has rushed to establish top-tier, premium cannabis products on dispensary shelves. The belief was that consumers would gravitate towards luxurious cannabis goods, much in the same way as craft beer and aged whiskey dominate a specific foothold within the spirits industry. This would be especially true for older crowds and newcomers, who would buy top-of-the-line weed to assuage any concern about this brave new world of marijuana.

Tue
18
Feb

Michigan Recreational Marijuana Sales Increased 29% In January

Michigan released its latest monthly marijuana industry statistical report for the month of January.

As expected, recreational marijuana sales continued to grow at a brisk pace in January, the latest monthly sales figures show.

Recreational sales hit $9.8 million, compared to nearly $7 million in December, the first full month of recreational sales, which began Dec. 1.

The state for January will collect about $1.63 million in recreational marijuana tax revenue, $980,000 from the 10% excise tax and $646,800 in sales tax.

Tue
18
Feb

What You Should Know About THCP And CBDP

The discovery of new and improved cannabinoids means that our knowledge of cannabis’s medicinal capabilities is expanding.

Just when we thought we were learning more about cannabis and its compounds, the strongest cannabinoid yet steps into the spotlight. THCP, recently discovered by a group of Italian scientists, is said to be 30 times stronger than THC, expanding on cannabis’s medicinal potential. There’s also CBDP, another cannabinoid discovered by these same scientists which, as its name suggests, is very similar to CBD.

Tue
18
Feb

Could The SAFE Banking Act Reach Trump’s Desk This Year?

While much of the focus on cannabis law reform in 2020 will be at the state level, there could be some opportunities at the federal level for progress amid all of the craziness surrounding the Presidential Election.

Tue
18
Feb

Will Cannabis Stocks Bounce Back In 2020?

It has been a brutal year for cannabis investors. Heading into 2020, cannabis investors are now weighing whether to cut their losses or buy the dip in a bet on a rebound ahead.

Alan Brochstein, author of the 420 Investor and founding partner of New Cannabis Ventures, recently discussed his outlook for cannabis stocks on Benzinga’s daily PreMarket Prep podcast.

Fri
14
Feb

How Much Do Average Users Spend On Marijuana?

Marijuana legalization in the U.S. has been a gradual process, but in legal states that have already made the jump, its effects on the economy have been anything but slow.  Illinois most recently joined the list of legal states, and as more states follow suit, this status is also making them desirable tourist destinations. But, as it turns out, not all legal cannabis states are created equal in the eyes of tourists.

Fri
14
Feb

Aluminum Cans May Reduce the Potency of Cannabis Beverages

According to scientists, the lining on aluminum cans has the potential to diminish the potency of substances like tetrahydrocannabinol (THC). In an interview with Yahoo! Finance Canada, Harold Han, who is the founder and chief science officer of Vertosa, a company that creates active ingredients for infused products, says the theory is that "the cannabis material, the droplets, will stick to the liner and cling on it. When you open the can to take a drink, it will lose its potency."

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