Marijuana Business News

Synonyms: 
stocks
business
Thu
26
Sep

3 top cannabis stocks to watch this fall

From thriving to simply surviving, cannabis stocks are looking like less of a buy this week, as the vaping industry takes a big hit. Let’s take a look at a few of the top stocks in the legal marijuana space and see which of them might be worth snapping up at their lower prices.

The vaping controversy isn’t done yet

The news that Juul is under criminal investigation isn’t going to do the nascent vaping industry any good and comes at a time that everyone from the CDC to Donald Trump to the nation of India is condemning the craze. The Wall Street Journal has reported that California has launched a federal criminal investigation into the e-cig company.

Thu
26
Sep

Danger: 2 marijuana stocks to avoid like the plague

According to research analysts, the legal marijuana industry is looking at annual global sales of $50 billion to $200 billion ten years from now, which would equate to humongous growth of between 358.71% and 1,734.86% from the $10.9 billion legal global sales in 2018.

Thu
26
Sep

A marijuana spray called veil helps mask smoke scent, and its co-founder details the difficulty in launching

Anyone who regularly smokes weed has encountered some version of the following scenario: An unexpected or unfamiliar guest shows up at your home, but, unfortunately, it smells like a freshman dorm room.

For me, this happened when a dog rescue agency announced they would be coming by to check out my apartment — which, of course, was the final step in adopting the pup of my dreams. I was instantly stricken with anxiety. Earlier that morning, I’d enjoyed half a joint with my coffee, so now I needed a quick and foolproof way to deodorize my place.

Thu
26
Sep

Cannabis-infused beverage market to include alcohol-free beers and wines

Infused beers and wines are offering consumers a new alternative to alcoholic beverages.

Thu
26
Sep

328% Increase in U.S. Hemp Cultivation Acreage

New Frontier Data, the authority in data, analytics and business intelligence for the global cannabis industry, in collaboration with Vote Hemp, releases

Thu
26
Sep

Online growth is now fueling a second boom for cannabis companies

Global demand for cannabis has been exceptionally explosive.  In fact, at current pace, research firm, BDS Analytics says U.S. sales of CBD products alone could grow from $1.9 billion in 2018 to more than $20 billion by 2024.  That's opening a wide range of opportunities for retailers, and it's also forcing many of those same retailers online. After all, if they fail to establish an online business model, they could easily put themselves out of business. To assist with that transition, companies like Shopify are introducing new features to help cannabis retailers establish and expand an online presence.

Thu
26
Sep

Seven celebrities who recently made the leap into the cannabis biz

Being a celebrity comes with a host of perks, including (for some) the option of choosing which products you want to endorse. And for many celebrities, their product of choice is cannabis.

2019 has seen an influx of notables getting into the business one way or another, whether it’s collaborating on a line of CBD products, starting a company targeted to athletes, or simply investing in a growing market.

Here are 7 celebrities who have recently attached their names to the cannabis industry.

Thu
26
Sep

Hemp is growing fast in South Carolina, but can the industry keep up?

"To me, it's the perfect plant."

Jason Eargle is an entrepreneur who has been advocating for hemp for years now. He's also one of the owners of the largest hemp farm in the state.

Eargle's journey in the industry started three and a half years ago when he and his business partner Robert Moore began talking about how hemp could change farming communities in South Carolina. They created one of South Carolina's first industrial hemp companies, Brackish Solutions, and have since helped raise awareness around the plant: first about the legalization of hemp, and now about the growth and many potential uses of hemp in the state.

Thu
26
Sep

Juul stops advertising e-cigarettes and replaces CEO with tobacco executive

Juul Labs is halting all U.S. advertising of its e-cigarettes and replacing its CEO amid a nationwide backlash against vaping.

The largest e-cigarette maker also said Wednesday it won’t fight a sweeping ban on flavors proposed by the Trump administration to reverse a surge in underage vaping.

Juul’s CEO will be replaced by a senior executive from Altria, the maker of Marlboro cigarettes. Altria took a 35% stake in Juul in December at a cost of $13 billion.

Thu
26
Sep

House passes SAFE Banking Act

The House has passed The SAFE Banking Act in a major step towards providing state-legal cannabis businesses access to proper banking services and a safer atmosphere that comes with not having giant piles of money.

The bill passed late Wednesday afternoon by a vote of 321 to 103. Republicans were nearly split, with 91 voting in favor of cannabis banking and 102 against. One lone Democrat voted against the bill.

Its next stop in the Senate looks promising thanks to provisions that will help rekindle Mitch McConnell’s beloved Kentucky hemp industry with better banking services, and then it’s off to the White House.

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