Marijuana Business News

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stocks
business
Wed
18
Aug

WeedGenics Recognized as One of the 20 Innovative Company Everyone Should Know in 2021

marijuana leaf

LOS ANGELES, CA / ACCESSWIRE / August 17, 2021 / Buzz around INTEGRATED NATIONAL RESOURCES INC.'s WeedGenics continues to grow both in the cannabis industry and now the mainstream business world as well. Named by "Global Business Leaders Magazine" as one of the 20 innovative companies to know in 2021, the company was featured by the Atlanta, GA-based publication both in print and online thanks to WeedGenics' place as the manufacturing partner of choice for premium medical marijuana products.

Wed
18
Aug

Eve & Co. Announces Medical Cannabis Supply & Purchase Agreement with Australian Distributor TCann Pty Ltd.

STRATHROY, Ontario, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Eve & Co Incorporated (“Eve & Co”, “we”, “us” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF), is pleased to announce that its wholly-owned subsidiary, Natural MedCo Ltd. (“NMC”) has successfully entered into a Medical Cannabis Supply and Purchase Agreement (the “Agreement”) with TCann Pty Ltd., Australia (“TCann”), an import/export and distribution company of para-pharmaceutical, medicinal and narcotic products located in Thornleigh, New South Wales.

Wed
18
Aug

Texas Original Compassionate Cultivation building $8 million growing site for medical pot

digital rendering of medical marijuana facility

Texas Original Compassionate Cultivation has broken ground on a nearly 100,000-square-foot cannabis cultivation and processing site in Bastrop, a half hour east of Austin.

The company, one of three approved to legally grow weed in Texas, is building the $8 million facility to keep up with patient demand as the state expands its so-called compassionate use program to include people with PTSD and those with all stages of cancer. That program expansion goes into effect September 1.

TOCC expects to finish construction on the growing operation in the second quarter of 2022. It will serve patients with an on-site dispensary as well as through pick-up locations in cities including San Antonio.

Tue
17
Aug

Florida's Learn Sativa University Promises Higher Education

Learn Sativa University's curriculum includes marijuana history, laws, careers, growing procedures, and even popular cookbook recipes. Photo Courtesy of Learn Sativa University

The University of Florida has the Swamp, Notre Dame has Touchdown Jesus, Clemson University has Death Valley, and Learn Sativa University, a cannabis college in Apopka, Florida, has a five-acre weed farm.

Tue
17
Aug

N.J.’s weed industry rules will come this week, bringing state a big step closer to legal sales

marijuana buds

New Jersey’s commission to regulate the sale of cannabis this week will adopt its initial rules and regulations, marking a milestone in the years-long effort to launch legal weed sales in the Garden State.

Tue
17
Aug

3 Cannabis Stocks to Buy and Hold for the Next 10 Years

stock chart showing growth

These companies are securing their future by becoming indispensable to their customers.

Key Points

  • The global market for cannabis will continue to grow rapidly over the next decade.
  • There's more than one way for businesses to make money within the marijuana industry.
If you're optimistic about where the cannabis industry will be in 2031 -- and you probably should be, given that the market is expected to grow -- it's a good idea to buy and hold a handful of the best marijuana stocks on offer. 
Tue
17
Aug

Cannabis Companies Walk A Fine Line on Social Media

Cannabis companies still have to be concerned about social media marketing, and in fact, any kind of social media presence.

Cannabis reform may be progressing in America, but access on social media remains an uncertain landscape. While brands have thrived, reaching millions of followers and verified status, many others have been cut short, suspended and deleted along the way.

Even those succeeding appear only to have a glimmer of an idea about what’s right and wrong when marketing cannabis. With so much uncertainty, brands proceed cautiously in a direction that may or may not be the correct path. 

Tue
17
Aug

SB County Sheriff Requests Harsher Punishment for Illegal Cannabis Farms

marijuana leaf

San Bernardino County Sheriff, Shannon Dicus, Sent out a letter to local legislators today.

In the letter, Sheriff Dicus is asking for harsher punishments for individuals running illegal cannabis farms. Last month I interviewed the Sheriff during his first week in office. He made comments about how illegal marijuana farms were causing a lot of issues across the county.

He said, "Because it is just proliferated our deserts, waters being pumped out of the ground at just ridiculous rates. We have residents all over the county that are very upset with smelling it; people protecting their groves are actually confronting civilians who live in the area, and it's just a big problem."

Tue
17
Aug

This Cannabis Stock Is Full of Potential and Hasn't Been This Cheap in Months

Jazz Pharmaceuticals (NASDAQ: JAZZ) is a cross between a pharmaceutical stock and a cannabis stock. In its earlier life, it was a pharmaceutical company that was chugging along and posting some good numbers. But after it acquired GW Pharmaceuticals earlier this year, that changed. Now that it owns the only cannabis-based drug (Epidiolex) that the U.S. Food and Drug Administration has approved, it has become an even more attractive growth stock with tremendous upside.

While investors weren't pleased with the company's recent earnings report, which sent shares off a cliff, there's plenty of reason to remain bullish on the stock. And given that shares of Jazz are trading at the lowest price they've fetched all year, now may be a great time to consider buying it.

Tue
17
Aug

How the New Marijuana Law Impacts Employers in CT

On June 22, 2021, Governor Lamont signed the Act Concerning Responsible and Equitable Regulation of Adult-Use Cannabis into law, legalizing the use of recreational marijuana in our state.

The new law allows adults (21 and older) to have on their person up to 1.5 ounces of marijuana or have up to 5 ounces in a locked container. It also allows for the expungement of some marijuana-related convictions, sets up a framework for businesses to apply for licenses to grow, manufacture, retail and distribute, and carries out restrictions on employers and protections for employees.

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