Marijuana Business News

Synonyms: 
stocks
business
Thu
05
Sep

Marijuana stocks are gearing up for winter

The marijuana stock market has seen some massive ups and downs over the past few months. This is of course due to the infancy of the market as a whole which we have seen since its inception. The volatility of the marijuana stock market, however, gives two advantages. For one, it allows investors the ability to find cannabis stocks that are below the value that analysts say they should be at. 

Thu
05
Sep

New report: What women want in cannabis

If there was an election in cannabis, women would vote for health and wellness products over anything else. They also prefer flower and vape pens to prerolls and capsules. 

These are just some of the findings in Headset’s Cannabis Data Intelligence, which provides insight into the year-over-year differences between the sexes and their cannabis shopping patterns.

While women may not consume as much cannabis as men, they make up an important one-third of the cannabis market. And if businesses want to capture women buyers, it’s worth taking a look at not only what they buy, but why they buy it.

Thu
05
Sep

5 proven strategies for using data to boost your business

Likes, views, clicks, swipes, counts, seconds, minutes, grams and liters consumed.

In a world of limitless measurement, data analysis has helped companies to enhance day-to-day operations. In the cannabis business, many pioneers have begun to implement data analysis and optimization to keep ahead of the curve.

But it's one thing to collect data, it's another to understand how it can be used to inform your decisions. Here are a few key items to understand.

1. Identify your data experts

Amid the constant whirlwind of a rapidly scaling industry, it is often difficult to make sense of all the data being captured. Moreover, how do you know if it is accurate and useful? 

Thu
05
Sep

Building a financial plan for your cannabis business? What you need to know

All good business plans require a financial projection. Creating a financial projection is both an art and science. A financial projection will include projected sales, budgeted expenses, a balance sheet, cash flow, and sources and uses of funds. Also, a financial projection will help determine how much funding will be needed and the projected return on the investment (ROI).

Thu
05
Sep

LA cracks down on its massive black market. Will it be enough?

The City of Los Angeles recently launched a massive crackdown on black market cannabis businesses, including cultivation operations, extraction labs, and delivery companies across the city. In Los Angeles, a charge of unlicensed commercial cannabis activity within the city carries a potential sentence of six months in jail and $1,000 in fines.

Thu
05
Sep

Navigating regulations for successful cannabis marketing

As more and more territories around the world are legalizing cannabis in one way or another, the different rules and regulations in every territory make getting in front of customers’ eyeballs a  strenuous task for many cannabis companies all over the world.

Cannabis is not federally legal in the US, in some states it is legal for both recreational and medical consumption, and in other, only for medicinal use. The same goes for Europe where countries have different regulations and tolerance toward cannabis. In Spain for example, cannabis is not legal but yet, one of the biggest conventions in the cannabis industry – Spannabis – is taking place in Barcelona.  

Thu
05
Sep

African foothold for U.K. entrepreneurs in Tandem with Aphria

With the backing of a Canadian cannabis giant two British entrepreneurs have established a new CBD production plant in Africa’s most developed cannabis nation.

Lesotho has a history of illegal cannabis production stretching back centuries and became the first African country to approve medical pot cultivation in 2017. Shortly after legalization Ontario-based Aphria launched a joint venture with U.K. extraction company Verve Dynamics. This JV, known as Cann Invest Africa, aims to export Lesotho CBD to global markets. 

Thu
05
Sep

Top 5 cannabis industry scandals

These five events come complete with drama and intrigue that make the cannabis industry so interesting, if not entertaining.

Every industry has its fair share of scandals. Just look at the pharmaceutical industry and the opioid crisis or Bernie Madoff’s Ponzi scheme or Enron’s accounting fraud. All are terrible and the size of those schemes may make the cannabis industry scandals look like small potatoes. Still, these top five events come complete with drama and intrigue that make the cannabis industry so interesting, if not entertaining, to be a part of.

Wed
04
Sep

US and Canada cannabis market set to be worth over $47.3 billion by 2024

North America’s legal cannabis industry could be worth more than $47.3 (€43.23~) billion annually by 2024.

The North American Cannabis Report finds that despite Canada becoming the first G7 country to legalise adult-use cannabis, US cannabis market growth will greatly exceed its North American neighbour. Currently the most profitable industry in the world, the US, is expected to enjoy triple-digit growth by 2024, despite not having legalised cannabis on a federal scale.

Wed
04
Sep

Why invest in the Jamaican cannabis industry

Jamaica has something no other country in the world does – a synonymous relation with cannabis that is admired and respected. Thanks to reggae and Rasta over the past 60 years, every non-Jamaican wants to experience smoking Jamaican cannabis. This creates both an enviable aura and an amazing prospect of what is possible for Jamaica’s cannabis brand.

Here are four reasons it’s worth investing in the local industry:

ROI

Jamaica has one of the lowest cannabis production costs in the world thanks to its year-round tropical climate. Many leading cannabis producers rely on indoor grow with help of high-wattage bulbs, which means increased power consumption.

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