Marijuana Business News

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stocks
business
Wed
05
Jun

Charges plummet for illicit cannabis sales, to the dismay of legal retailers

Some city police cannabis law enforcement statistics have fallen nearly 100 per cent since recreational legalization of the drug took effect, according to numbers collected by the CPS.

At the same time, legal cannabis retailers are calling for governments to crack down on, at a minimum, the most visible illicit competition — a plethora of black marketers who blatantly sell cannabis products online.

In the six months from last October through March 2019, city police recorded 20 instances involving cannabis where the drug offence was the most serious part of the incident.

The seven such incidents occurring in the first three months of this year represent a number 94 per cent below the five-year average for such offences.

Wed
05
Jun

What are the best marijuana strains for obesity

It has long been rumored that the use of cannabis leads to “munchies” and a subsequent weight gain. However, according to recent findings, cannabis and weight loss have quite a surprising and promising partnership.

Unlike what most people might think, there are certain cannabis strains that have the opposite effect on the body, and look quite promising in the treatment of obesity. Moreover, the connection between obesity and eating is a lot more complex than you might think.

Currently, over 35% of adults in the U.S. are obese, and over 34% are overweight. Obesity also affects 17% of children between the ages of 2 and 19 years. However, the most shocking statistic is that 75% of the American population is estimated to be obese by 2020.

Tue
04
Jun

3 cannabis entrepreneurs under 30 to watch

The cannabis space is full of opportunities for bright young minds to bring innovation and a new way of thinking to an industry that is rather new and open to different perspectives. As such, Millennials have begun to make their mark within the cannabis industry, and their efforts are being recognized.

Here are three emerging and successful entrepreneurs who are making waves in the cannabis industry and modeling the way for both their successors and predecessors on how to make a serious impact in an emerging industry:

Tue
04
Jun

Study shows American adults are consuming cannabis and hemp products to replace prescriptions

Last week, Radius Global Market Research released the results of its inaugural Cannabis and Hemp Trends Report.

The study surveyed more than 2,000 adults 18+ nationwide and found that between 2018 and 2019 thus far, there has been a significant increase in cannabis and hemp product usage and interest in the United States predominantly to replace prescription medications.

Tue
04
Jun

Germany: Explore the world of medical cannabis delivery systems, patient experience and more

Dr Franjo Grotenhermen, founder and Chairman of the ACM and IACM, provides a deeper insight into medical cannabis delivery systems in Germany, along with patient experience and more.

Tue
04
Jun
Tue
04
Jun

The big freak-out over Oregon’s marijuana surplus

By now many of you have heard the devastating news: There’s too much marijuana in Oregon. Perhaps I should have told you to sit down first; for those who fainted after reading that sentence, my apologies.

All jokes aside, this is apparently a huge deal. State authorities put the surplus from last year’s harvest alone in excess of 2 million pounds of marijuana. With supply outpacing demand in the state, prices have plummeted, putting many businesses in the crosshairs of failure.

Tue
04
Jun

Nebraska industrial hemp legislation signed into Law

Just half an acre of industrial hemp was (legally) cultivated last year in Nebraska – that should increase exponentially in the not too distant future.

Late last week Governor Pete Ricketts signed a bill into law allowing farmers to grow industrial hemp as an alternative crop.

Championed by Senator Justin Wayne, LB 657 adopts the Nebraska Hemp Act, which will align state law with federal law regarding the cultivation, handling, marketing, and processing of the crop – and products made from it.

Tue
04
Jun

Canada’s consumer market for edibles estimated to reach at least $1.6 billion annually

Striking an irresistibly sunny and reassuring tone, the forecast in Deloitte’s third annual industry report on cannabis legalization is decidedly bright, estimating the next wave of adult-use cannabis legalization in Canada could create an annual consumer market of $2.7 billion for edibles and other alternative cannabis products.

Tue
04
Jun

Are niche cannabis brands taking over the marijuana stock market?

The marijuana stock market has long been controlled by a few companies who grow the substance at the top of the industry. These companies, which may have a lot of potential, do not account for the smaller guys in the market who offer ancillary services or alternative products to the space. While there is an opportunity in both sectors, cannabis is a broad market with a lot of options for the picky investor. Often times, the smaller guys may have the benefit of lessened volatility, but it does also come with a few downsides as every investment could. The most important thing to keep in mind is to always do the proper research before buying one company.

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