Marijuana Business News

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Thu
26
Sep

Growers Swap 1000w DE HPS - 1:1 with NextLight LED

Thanks to improved technology, more cannabis grower are choosing LED grow lights over traditional lighting to enjoy lower costs and higher efficiency.

For instance, NextLight LED replaces any traditional 1000w DE HPS, one to one with their flagship 650w NextLight Mega. Less energy consumed without sacrificing yield or quality. This is a 35% energy savings on lighting alone, NOT including HVAC savings (due to lack of radiant heat emitted by NextLight fixtures) or savings on never changing bulbs and reflectors.

Wed
25
Sep

Marijuana delivery service and consumption cafes coming to Massachusetts

Massachusetts regulators voted on Tuesday to allow marijuana home delivery services and onsite consumption cafes to operate in the state. The decision by the Massachusetts Cannabis Control Commission was made with a vote of 4-1 by the commissioners at a meeting on Tuesday morning.

Before home delivery of cannabis can begin and marijuana consumption cafes can open, potential business owners will be required to complete agreements with the host communities where they plan to operate before being licensed by the state, a process that could take months, if not longer.

Wed
25
Sep

Which cannabis stocks have lost more than 40% in 2019?

The cannabis industry has been on a rollercoaster ride this year. Most of the cannabis companies have shown positive growth in 2019. CannTrust, Tilray, and KushCo stocks have fallen more than 40% in 2019. Meanwhile, Innovative Industrial Properties and Green Thumb excelled this year. Let’s see why.

Some cannabis stocks fell more than 40% 

So far, 2019 has been disastrous for CannTrust (CTST). The stock has fallen the most among all of the cannabis stocks. Notably, CannTrust has fallen 74% YTD (year-to-date) as of September 23. Tilray (TLRY) has fallen 57% YTD, while KushCo has fallen 42% YTD.

Wed
25
Sep

2 pot stocks to watch before Friday

With cannabis booming in states such as Colorado and California, other states have begun to legally sell medical and recreational marijuana. Naturally, some might say the next move is to go beyond the plant and invest in the marijuana stock market. As most investors know, the pot stock market is changing.

Wed
25
Sep

2 cannabis stocks to watch heading into October

The marijuana stock market has shifted dramatically over the course of the past few years. In that time, we have seen the industry become more friendly to outside investors, allowing pot stocks to flourish, and new technology to become more available than ever. With so many different pot stocks to watch in the market, it can be a daunting task to pick just one. This choice, however, is made much easier by the amount of research that one is willing to put into finding the right pot stocks to watch.

Wed
25
Sep

UK farming union urges growing hemp for building materials

The UK’s National Farming Union (NFU) encourages British farmers to plant hemp for building materials in a new report that sets out a plan to make the agricultural sector carbon neutral by 2040.

Wed
25
Sep

These Marijuana stocks are among the most vulnerable to vaping scare

Demand for vaping products in legal U.S. recreational states has slipped anywhere from 5% to 25% month over month in the wake of a string of lung illnesses linked to vaping, an analyst says, adding that U.S. marijuana stocks like Greenlane (GNLN) and KushCo Holdings (KSHB) that depend on vapes for a large portion of sales were among the most exposed.

Tue
24
Sep

US cannabis industry market projections up 20% to $30 billion by 2025

New Frontier Data, the global authority in data, analytics and business intelligence for the cannabis industry, in partnership with 

Tue
24
Sep

Weed will soon be legal in Illinois. Here’s what it means for Chicago’s cannabis startups.

Come Jan. 1, it will be legal to purchase and possess recreational marijuana in Illinois. And as the new year gets closer, several Chicago cannabis startups are beginning to imagine what the future holds for them under the new law.

For cannabis growers and dispensary operators, they can expect to attract a whole new set of buyers—not just those with a medical marijuana license. The tech-based startups that simplify how people buy cannabis or how marijuana companies advertise their offerings should also expect to find new consumers. And as happens with any big cultural or economic shift, new companies are likely to pop up once voids in the industry are discovered.

Tue
24
Sep

Here's what marijuana stocks must do to sell pot from Colombia

As more investors in marijuana stocks turn to Latin America, Colombia has churned out more than 200 cultivation licenses to marijuana companies doing business there. But those companies need to make their way through a labyrinthine approval process before they can legally sell any product domestically or abroad.

After that, the process of actually exporting cannabis requires a lot of changes to meet requirements of regulators and authorities on both ends of the deal, and even the airline flying the products itself.

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