Marijuana Business News

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business
Wed
12
Feb

Maine Lawmakers Seek to Implement Privacy Provisions for Marijuana Businesses

Maine lawmakers will consider a proposal to provide a cloak of secrecy over the state’s forthcoming recreational marijuana industry. 

The bill, L.D. 2091, which was authored by state regulators, would exempt trade secrets, security and operating procedures that cannabis businesses provided to the state from public records law. 

The state contends that the legislation would enshrine protections for a marijuana company’s proprietary information, such as a recipe for a weed edible. 

Wed
12
Feb

Cannabis edibles: Labels should convey THC levels more accurately

Most young adults do not understand the advertised levels of tetrahydrocannabinol (THC) in edibles, a new study finds, but the researchers have come up with better way of communicating this information on labels.

New research examines the efficacy of THC labeling on cannabis edibles.

Research from 2015–2016 shows that, in the United States, almost 10% of the adult population and nearly 24% of youth had used cannabis in the previous year.

Wed
12
Feb

What is the Environmental Impact of Commercial Cannabis?

Humans have been cultivating the numerous varieties of Cannabis plant for thousands of years – and the plant is thought to have grown naturally in the wild for much longer before that. From sativa to indica, the plant has been used for everything from paper and clothing to nutrition and medicine, and everything in between. Cannabis has also been credited with having various properties and uses that can have positive environmental impacts. 

Wed
12
Feb

Here Are the Cannabis Trends That Will (Likely) Dominate 2020

2019 was a monumental year for the sprightly cannabis plant.

Canada saw its first full year of legalization, and other places began to follow in its footsteps. Sure, there were some pain points, but that’s to be expected with any industry transitioning away from the black market.

But here at Greencamp we’re all about the future, and 2020 presents some exciting possibilities for the cannabis industry as it evolves and narrows in on what consumers want.

So without further ado, here are the trends we believe will dominate 2020.

Personalization

As most cannabis users can attest, experiences can vary drastically when it comes to the drug.

Tue
11
Feb

Major marijuana website bans advertisements from black-market companies in Michigan

It doesn’t take advanced detective skills to find black-market marijuana in Michigan. Just run an internet search.

They advertise openly online. Within a few minutes, MLive was able to reach by phone three listed marijuana dispensaries in Detroit that do not have medical marijuana provisioning center licenses, according to the Michigan Marijuana Regulatory Agency website’s license search tool and active facility map.

Tue
11
Feb

Illinois extends medical marijuana sales hours amid pressure

Illinois officials are allowing medical marijuana businesses to stay open later amid complaints that users have been at a disadvantage since a new state law allowing recreational sales took effect this year.

The department also reminded retailers to prioritize medical cannabis patients during product shortages in a separate statement released last week.

Problems due to limited supply have been widespread, leading some dispensaries to limit the amount of product people can purchase and to cut back on their business hours. The law broadly permitting adults to purchase and use marijuana products took effect Jan. 1.

Tue
11
Feb

Four Ways To Bridge The Cannabis Industry Reality With Wall Street Expectations

The turbulent market in 2019 has been a wake up for public cannabis companies.

Tue
11
Feb

Hemp could help sustain vitally important bee populations

Recent studies suggest that newly-legalized hemp may help a critically important species – bees.

Scientists have been warning about the consequences of dwindling bee populations for years as these pollinators are responsible for about 70% of all food crops.

And humans aren’t the only species that depends on the pollination provided by bees – a host of other animals depend on the plants pollinated by these creatures.

Colony collapse disorder (CCD), which affects beehives around the world, results in significant economic losses and is a serious threat to the ecosystem.

Human activity such as the use of pesticides and deforestation is believed to have led to the rapid decline in bee populations.

Mon
10
Feb

Are There Too Many Hurdles In Marijuana To Make Money?

Marijuana companies have many battles towards profitability, causing investors to sour on cannabis stocks.

Making money in the marijuana industry isn’t easy. Due to the plant’s federally illegal status, it prohibits cannabis companies from accessing many financial services available to other entrepreneurs. Failure is not an option, as bankruptcy or short-term loans aren’t accessible in many cases. Instead, companies have relied on capital infusions from investors to grow in the market.

Mon
10
Feb

Which Marijuana Stocks Are Making Moves in February?

As we enter into the second half of the month, it seems as though a few marijuana stocks are attempting to make their mark. This is characterized by shifts in business models as well as the trading patterns from pot stock investors. For anyone who has been trading marijuana stocks know that last year was not kind to the bulls. But, since the beginning of January, we have seen quite the uptick in bullish sentiment in the industry. This is a solid sign for future growth and something that has gotten many investors excited recently.

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