Marijuana Business News

Synonyms: 
stocks
business
Wed
20
Nov

The great European cannabis cosmetics confusion

If the “recreational” discussion is off the table for now except in a few local sovereign experiments (Luxembourg, Switzerland, Denmark, Holland), and the medical discussion is mired in “efficacy” and payments (Germany, UK), where does that leave this third area of cannabis products?

Namely cosmetics.

The answer? Because this conversation involves cannabis, as usual, the discussion is getting bogged down in confusion even as industry groups press for clarification and guidelines.

Wed
20
Nov

Marijuana growers report increasing cross-pollination from hemp farms

Outdoor marijuana growers are reporting an increase in cross-pollination from hemp farms, a development that could mean marijuana cultivators might lose upwards of tens of thousands of dollars if their plants become unmarketable as flower products.

As the marijuana and hemp industries increasingly share the same cultivation territory, the number of conflicts is likely to increase, particularly in areas with thriving outdoor cannabis cultivation.

Tue
19
Nov

Up to 1 Million Kilos of marijuana production has been cut in Canada for 2020

At this time last year, there arguably wasn't a hotter or more popular investment opportunity than marijuana stocks. It's not hard to understand why, either, if you simply look at the industry's recent growth trends or Wall Street's sales forecasts.

Tue
19
Nov

Marijuana stocks make moves for the holiday season

Wintertime has historically been a period where many marijuana stocks are able to recover from their post-summer lows. The past six months in the pot stock market have definitely left a lot to be desired. The large decline we have seen in that period is due to a variety of factors including shifting legislation and general uncertainty as to where the industry is headed in the next few years. These factors are quite common amongst infant markets and pot stocks are no exception.

Tue
19
Nov

Cannabis stocks are a sea of red as selloff stretches to sixth straight day

Cannabis stocks were a sea of red again on Monday, with Aurora Cannabis tumbling another 15% following disappointing earnings and MedMen down 23% on news of job cuts and asset sales.

The ETFMG Alternative Harvest ETF MJ, +2.43% was last down 4% with 26 of its 36 member stocks trading lower. The ETF has fallen for six straight days and is now down 35% in the year to date.

Tue
19
Nov

Harvesting, processing hemp may be expensive for new farmers

The USA has a new boom for hemp farmers. Though it is forbidden to consume cannabis at the federal level, 33 states legalized its usage for medical purposes and 11 states don’t mind about you smoking hemp for your personal advantage. 

Let’s distinguish the difference between hemp and marijuana. There are over 50 thousands of goods that have hemp as one of the ingredients. They include clothes, cosmetics, beverages, food, construction supplies, etc. These two types of crops are cultivated from one sort of plant, Cannabis sativa L. However, hemp has only 0.3% of THC (Tetrahydrocannabinol), the addictive component of marijuana. This means, that hemp can’t make you high and doesn’t have a similar effect as smoking a joint of marijuana. 

Tue
19
Nov

California: Unregulated pot operations on public land are creating environmental problems

Two months after two men were arrested at an illicit marijuana farm on public land deep in the Northern California wilderness, authorities are assessing the environmental impact and cleanup costs at the site where trees were clear-cut, waterways were diverted, and the ground was littered with open containers of fertilizer and rodenticide.

Tue
19
Nov

Israel is making all of the right moves to become a global cannabis hub

Read entire article here.

During the last few months, we have been highly focused on the Israeli medical cannabis opportunity and this is a market that we have been excited about. The country has been slow to issue cannabis businesses licenses and we are favorable on the companies that have a first-mover advantage on this market.

Tue
19
Nov

Malta: Minister expects fast growth of medical cannabis exports

Malta’s medical cannabis exports will reach €1 billion by the industry’s third year of local operations, Economy Minister Chris Cardona said on Monday. 

He said that in three years' time Malta will start exporting its first medicinal cannabis products, once the €140 million Hal Far cluster of businesses is up and running. 

Dr Cardona was visiting the site ahead of the second Medical Cannabis World Forum that will be bringing together global industry experts and professionals for a three-day conference on the island starting on Tuesday.

The event is mainly focused on legislation and the regulatory framework of this emerging industry, and will bring together business leaders, policymakers, and over 100 speakers.  

Mon
18
Nov

ACT Summit bringing high tech to Cannabis

Join industry expert Scott Reach of Rare Dankness and several others at the ACT Summit in Las Vegas on December 10th. The ACT Summit features leading horticultural industry experts, consultants and cultivators, who will demonstrate best practices and share their experiences implementing advanced cannabis cultivation technologies.

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