Marijuana Business News

Synonyms: 
stocks
business
Mon
15
Jul

A new wave of global cannabis companies listing in Tel Aviv?

Israel may very soon become not only a well-known center for cannabis innovation and R&D but also a destination for cannabis companies from around the world seeking to raise capital in the public markets.   This is the main import of a decision issued last week by the Israel Securities Authority, not to oppose a pending merger between an Israeli public company and a private company that grows cannabis for recreational use in California.

Mon
15
Jul

Cannabis in Latin America gets a new ‘social outlook’

Cannabis in Latin America, without the stigma, could be as clean as any region considered violent-free. In a classic context, the UK and North America hold the biggest market share in the cannabis industry, because it’s a legal business in those regions. How would Latin America fare if allowed to participate in the cannabis market? Investors have indeed found a new fortune in growing the once illicit plant.

Mon
15
Jul

Women leading way as hemp revival sweeps North Carolina

It’s easy to get swept away in the magic of a hemp farm where dragonflies float and goats bleat on verdant hills. Franny’s Farm is a place where practical magic and science meet.

Owned and operated by Franny Tacy and her husband and CEO Jeff Tacy, Franny’s is an active hemp farm in Leicester, and one of the grower sites for North Carolina State University’s Industrial Hemp Pilot Research Program. The program’s aim is to shoulder the burden of trial and error for farmers who want to dig into a swiftly growing industry.

Franny Tacy was a pharmaceutical industry executive for a decade, and also holds a forestry degree from Northern Arizona University in Flagstaff and a master’s in education from Tennessee State University.

Mon
15
Jul

Cannabis concentrates are a multi-billion dollar powerhouse

If there is one thing we have learned by watching the development of the cannabis industry over the past few years, it’s this: The consumers may talk a big game with respect to using cannabis in pursuit of health and wellness, but deep down inside the majority of them just want to get reeeeaaallly freaking high.

Mon
15
Jul

Utah farmers and entrepreneurs compete to grow medical cannabis

The wide metal barn on the Utah alfalfa farm owned by Russell and Diane Jones will host their youngest son’s wedding next month. By September, they hope the structure will be full of marijuana plants.

The Joneses are fourth-generation farmers, members of The Church of Jesus Christ of Latter-day Saints, and among 81 applicants for one of a handful of coveted spots as a licensed medical marijuana grower in conservative Utah.

Though leaders of their faith once opposed the bid to legalize medical marijuana, Russell Jones says he researched the drug’s pain-relieving benefits as he battled Hodgkin’s lymphoma. Now he and his wife want to be part of an emerging industry that some doubted would ever come to the state.

Mon
15
Jul

CannTrust breach will damage legal pot market

Investors made it clear last week that they no longer trust CannTrust Holdings Inc. (TRST.TO 3.89%) The company’s regulatory breach may further erode consumers’ trust in the legal cannabis market as well.

The company’s stock plunged 48 per cent over the five trading days since regulators found it grew pot in unlicensed rooms and provided “false and misleading” information to inspectors, erasing $228 million in market value. CannTrust halted all sales and shipments of its products, and the Canadian government may suspend or even cancel its license in response.

Mon
15
Jul

CBD may take up the majority of cannabis industry sales if current trends continue

According to a recent Headset market report, “Understanding the CBD market in state-legal cannabis”, CBD could potentially take up the majority of sales among non-inhalable products in legal cannabis states. If current trends continue, CBD products could even potentially become the majority of sales among the cannabis industry at large.

Fri
12
Jul

Could this stock make you a marijuana millionaire?

Many pot stocks have grown exponentially over the years, but the good news is that for investors looking to score a good return, there are still options out there. The challenge, however, is knowing which one to pick, especially amid so much competition out there. A stock like Canopy Growth isn’t likely to have much more potential to rise given the fact that it’s already at a pretty expensive stock.

Fri
12
Jul

Two cannabis stocks to keep in mind this week

Marijuana stocks have remained in the spotlight for over a year at this point. In that time, laws have changed drastically helping to shift the overall industry. In addition, much of the public has become comfortable with the idea of marijuana being legalized. Due to this and other factors, cannabis has become commonplace. Because of all the shifts, marijuana stocks have seen a massive bullish trend in the past year or so.

Fri
12
Jul

Here's why California's cannabis black market won't go away

As we all know, Prop 64 legalized cannabis for adult use in California. Voters gave it the green light in November 2016, paving the way for legal, licensed dispensaries to open their doors beginning in January 2018. Many Californians celebrated by flocking to dispensary doors and soon afterward consuming their first taste of legal, adult use cannabis. But that’s far from the end of the story, writes Danielle Simone Brand.

Pages

Subscribe to RSS - Marijuana Business News