Marijuana Business News

Synonyms: 
stocks
business
Tue
06
Aug

3 compelling cannabis stocks to buy in August

Most cannabis stocks took a shellacking in July. You'd run out of fingers and toes to use in counting the number of cannabis stocks that dropped by double-digit percentages last month.

Tue
06
Aug

Chart: Women account for more than a third of marijuana business Executives

Nearly 37% of the senior-level jobs at cannabis companies are held by women, according to a Marijuana Business Daily survey.

Although the number of women holding top spots has vacillated since 2015, the percentage of women top executives in the cannabis space is still far higher than the national average of 21% for all businesses in the United States, according to the MJBizDaily survey conducted in June.

Tue
06
Aug

How FD&C Act restrictions impact the CBD industry

In 2018 the FDA approved the GW Pharmaceuticals cannabis derived drug Epidiolex. Cannabidiol (CBD) is the main constituent of Epidiolex, an anticonvulsant drug intended to treat certain forms of epilepsy such as Lennox-Gastaut syndrome. Once the FDA approved Epidiolex as a drug, by default they also categorized CBD as a drug instead of a supplement. This has created a myriad of challenges for the CBD industry. SInce most hemp derived CBD products are marketed in a fashion similar to supplements, they are running afoul of the Federal Food, Drug and Cosmetics Act (FD&C Act).

Tue
06
Aug

Drink your weed: Is cannabis the beverage industry's next big thing?

For thousands of years, humans have consumed alcohol by drinking it, and cannabis by smoking it.

It was just the natural order of things — until now.

At a bustling conference center in South San Francisco, more than 1,000 people packed an exhibit hall to see the beverage industry's big new breakthrough: cannabis you can drink. It's a hard-won victory for science that's poised to spawn a whole new category of products.

Mon
05
Aug

Hemp entrepreneurs face banking challenges

Opening a checking account or getting a loan can be tough for hemp businesses in Southwest Colorado and across the nation because federal regulations haven’t caught up to the industry.

The 2018 Farm Bill declassified hemp as a controlled substance, but federal guidelines for financial institutions interested in doing business with the hemp industry haven’t been written, making it difficult for some hemp business owners to open accounts and get loans.

When Brandi Barattini tried to find a bank for Cannagenics Inc., a Durango hemp farming company and wholesaler, it was difficult to find services or find out why services weren’t available, she said.

Mon
05
Aug

Global Cannabis Oil Market expected to exceed US$ 2,468 Million By 2025

Zion Market Research published a new 110+ pages industry research “Cannabis Oil Market by Type (Organic Cannabis Oil and Non-Organic Cannabis Oil) and by Application (Recreational and Medical): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” in its database. The global Cannabis Oil Market research report carries an in-depth fundamental framework of the market, which is derived from the analysis of data acquired through various sources.

Mon
05
Aug

Health Canada probe into CannTrust could lead into uncharted legal territory: experts

An investigation by the Ontario Securities Commission may be the latest ordeal facing CannTrust Holdings Inc., but it isn’t the only probe the embattled cannabis producer has to worry about.

Health Canada’s investigation into the company’s unlicensed cannabis growing remains ongoing, and has the potential to enter unprecedented legal territory, according to a number of Canadian cannabis law experts following the case.

“We’re in uncharted territory,” said Trina Fraser, a cannabis lawyer with Brazeau Seller Law, in reference to the Health Canada probe. “The potential for people to go to jail certainly exists. The potential for significant fines to be levied certainly exists.”

Mon
05
Aug

Oregon law limits sales of marijuana byproducts

Marijuana terpenes — flavorings distilled from the plant — fetch high prices online, but Oregon processors can’t access the market, said Caleb Mata, CEO of Oregon Genetics.

Mon
05
Aug

4 cannabis stocks on track for at least 250,000 Kilos of annual pot production

Depending on your preferred source, the marijuana industry is set to grow to between $50 billion and $200 billion in annual sales in roughly a decade, give or take a year. Mind you, the worldwide legal weed industry generated "only" $10.9 billion in licensed-store sales last year, demonstrating what a mammoth opportunity awaits the industry and investors.

Mon
05
Aug

Hemp textiles made in U.S. will take time, experts say

The U.S. Constitution was written on hemp paper, and Betsy Ross' first American flag was made of hemp fabric, but the road back to hemp fiber textiles grown in the United States will take a while, industry experts say.

Thousands of U.S. farmers have planted hemp this year, hoping to cash in on the revival of a historic American crop that was illegal to grow for more than 80 years. A member of the cannabis family and cousin to marijuana, hemp was taken off the illegal federal Schedule 1 status in the 2018 Farm Bill.

But most farmers choose to grow the CBD variety of hemp, which is a short, bushy plant, compared to hemp grown for fiber and textiles -- a long, reedlike plant that can reach 15 feet tall.

Pages

Subscribe to RSS - Marijuana Business News