Marijuana Business News

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business
Mon
20
May

Marijuana companies lied to you, major pot CEO alleges

In case you haven't noticed, the green rush is well under way. Having long been considered a taboo industry, the legal marijuana industry is stepping out of the shadows and into the spotlight. After generating $5.4 billion in legal worldwide sales in 2015, according to Arcview Market Research and BDS Analytics, one Wall Street firm is forecasting $75 billion in annual sales potential by 2030. If accurate, this represents a compound annual growth rate of more than 19%, and it'd undoubtedly make legal weed the growth story of our generation.

Mon
20
May

Mythbusting CBD: 5 popular misconceptions debunked

Cannabidiol (CBD) has received a lot of attention recently, writes Macey Wolfer. It has been touted as a therapy or cure for a number of health concerns, sometimes in place of pharmaceuticals. While it’s an exaggeration to call this component of cannabis a “miracle drug,” it does have several therapeutic properties that are beneficial for a variety of conditions.

With so much talk about CBD in the media, plenty of misconceptions have arisen. Let’s take a look at the most popular myths about CBD to clear up any confusion.

Mon
20
May

The big food brands eyeing marijuana moves

As cannabis becomes increasingly normalized, big-name food brands are getting in on the trend, writes Calvin Hughes.

Legal weed is big business these days. The industry pulled in $12.2 billion globally last year by some estimates, and profits are expected to continue seeing masive growth over the next couple of years. With all that potential comes a whole lot of interest from a number of more mainstream industries looking to get a piece of the pie.

Mon
20
May

Hot pot products: What’s new for cannabis cultivators and connoisseurs

Whether you’re a professional grower, a beginner, a connoisseur, or just experimenting, we’ve got some great gear suggestions for you.

Pen Ultimate
$29.95
accuvape.net

Mon
20
May

Explore a results-driven approach to the medical cannabis industry

Its holistic focus, commitment to social responsibility, and competitive advantage set Jamaica Cannabis Estates apart in the rapid-growth medical cannabis industry.

Here, Jamaica Cannabis Estates delve into the world of the medical cannabis industry. Utilising the most current research along with proprietary data analytics collected from over 7,000 medical cannabis users, Jamaica Cannabis Estates (JCEL) has developed an exclusive line of medical, wellness, lifestyle and medi-spa products designed to effectively treat some of the most prevalent human conditions.

Mon
20
May

Get hungry for summer’s dankest cannabis dining events

Even in the marijuana Nirvana that is adult-use California, any bars and restaurants that openly allow cannabis consumption can put their liquor licenses in jeopardy, while anyone who publicly advertises a weed dinner risks fines (or worse) for throwing an unlicensed cannabis consumption event.

Still the final frontier of cannabis legalization, a weed-friendly restaurant experience has yet to be fully realized, even though the day is fast approaching when you’ll be able to toke and eat in the same establishment — at least in West Hollywood!

Mon
20
May

Social equity a key issue in cannabis legalization movement

Advocates for legalizing marijuana have long argued it would strike a blow for social justice after a decades-long drug war that disproportionately targeted minority and poor communities.

But social equity has been both a sticking point and selling point this year in New York and New Jersey, among other states weighing whether to join the 10 that allow recreational use of pot.

Complicating the law-making process, sometimes even among supporters, are questions about how best to erase marijuana convictions and ensure that people who were arrested for pot benefit from legal marijuana markets.

Mon
20
May

Canadian company invests millions in Kiwi research to improve cannabis crops

The world's largest grower and supplier of medicinal cannabis has invested more than $2 million in a small Kiwi agri-tech company.

Canadian company Canopy Rivers' investment of US$1.5m (NZ$2.2m) in BioLumic is for the development of UV treatments that improve the performance and yield of cannabis crops.

Palmerston North-based BioLumic's chief executive Warren Bebb said it was satisfying to see more global companies choose to invest in the "world-leading" company. 

"New Zealand agri-tech companies are starting to make a mark globally... It's a testament to the value of scientific research.

"Given our results with other flowering crops such as lettuce, tomatoes, strawberries and soybeans, medicinal cannabis is a natural fit for our technology," Bebb said.

Fri
17
May

Supreme cannabis buys Blissco in a deal valued at C$48 million

The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) is acquiring Canadian-based Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) in an all-stock deal valued at C$48 million. Supreme would be buying all of Blissco’s stock

Fri
17
May

Protecting cannabis-related trademarks in 2019

With the growing number of states legalizing marijuana for medical and recreational use, many brands have emerged for cannabis and related goods and services. The change in legal status is not just happening on a state level, but federally as well. A major change occurred in December with passage of a federal law legalizing hemp and a wide range of products made from hemp. With expanding federal legalization, what lies ahead is a war of brands. It has already started. Many companies are already filing federal and state trademark registrations. This article provides insight into the best practices for protecting trademark rights during this period of transition in the law.

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