Marijuana Business News

Synonyms: 
stocks
business
Thu
15
Jul

Hemp farming challenges projected to give way to growth

Eustis, Florida — 21 years oldst-Century greenhouse, for ancient crops. In the case of Glen Treadwell Treadwell farm, The crop is hemp.

“I like the idea that it can be done all year round,” he said. “It’s a plant that catches you.”

His family has been farming in Florida for over a century, but recently hemp has been added.

“It’s one of the hardest plants to grow,” he said. “You need to have the right process, and that’s what we had to learn, people taught us, and we treat it to others I’m trying to teach you the right way. “

Jamie Treadwell is Glenn’s daughter and a member of the next generation of treadwell farmers.

Thu
15
Jul

Legalization Bill Introduced in Belize

When it comes to countries pushing for adult-use legalization in Central America, Mexico is likely the first nation that comes to mind, not Belize.

That is understandable given the fact that Mexico’s Supreme Court ruled in late 2018 that cannabis prohibition was unconstitutional and tasked lawmakers at the time with implementing its decision.

After a series of delays by lawmakers, Mexico’s Supreme Court stepped in again and that will hopefully speed up Mexico’s full legalization timeline.

Thu
15
Jul

Senate Majority Leader Announces Federal Cannabis Bill Proposal

Just prior to a press conference on July 14, Senate Majority Leader Chuck Schumer, Senate Finance Committee Chairman Ron Wyden and Senator Cory Booker released the details of their long-awaited cannabis reform bill, entitled the “Cannabis Administration and Opportunity Act.”

Wed
14
Jul

The hemp boom is over. What now?

When Matt Cyrus grew about 30 acres of hemp on his central Oregon hay and cattle farm four years ago, the cannabis plants — rich in cannabidiol, or CBD, a trendy wellness product — sold for about $40 a pound. That earned him a tidy profit. He planted 90 acres in 2019, hoping to make even more money.

Thousands of conventional farmers, marijuana growers and rookie entrepreneurs likewise rushed to plant hemp that year, eager to cash in on a newly legal crop. But rather than making a fortune, many lost one as their crops failed and the skyrocketing hemp supply depressed prices.

Wed
14
Jul

Local hemp farmer sees big SC business potential in legal marijuana

CHARLESTON COUNTY, S.C. (WCIV) — Big changes could be coming to a South Carolina industry that’s still in its infancy.

Hemp farmers are excited about what the possibility of making marijuana legal could mean for both businesses and consumers.

The hemp industry got its start in South Carolina back in 2017. Only a few years off the ground, it now could have the potential to expand after former congressman Joe Cunningham announced his plans to legalize to use of marijuana if elected governor in 2022.

Cody Callarman, owner and founder of Zitro Farms, is a veteran who has seen the affects hemp can have on physical and mental trauma.

Wed
14
Jul

CBD-Infused Beverages Market Is Expected to Exceed $14 Billion by End of 2026

CBD is the second most common active component in marijuana. CBD is extracted directly from the hemp plant, which is a relative of the marijuana plant and is an important component of medicinal marijuana. Despite the fact that CBD is a component of marijuana, it has no hallucinogenic effects on the human mind. "In people, CBD displays no effects suggestive of any misuse or dependency potential," according to a World Health Organization report. To date, there has been no evidence of public health issues linked to the use of pure CBD and its derivatives. Water is injected with CBD particles to create CBD-infused beverages.

Tue
13
Jul

Despite Hurdles the Michigan Cannabis Market Is On Fire

Now well into its second full year of adult-use sales, Michigan’s legal cannabis market is emerging from the pandemic ripe with opportunity. With a run rate behind only California and Colorado, Michigan’s early 2021 sales have put the state on pace to not only break the billion-dollar sales threshold but also blow right past it.

Michigan regulators allowed the state’s dispensaries to continue operating during the COVID-19 pandemic in 2020 – the first full calendar year of adult-use sales— resulting in sales over $984 million. Despite the essential business provision and solid initial sales, legal cannabis purchases declined during the autumn months.

Tue
13
Jul

Colorado’s New Hemp Rules Suggest Wave Of Comprehensive State Regulations

State regulators are helping legitimize the industry, build consumer confidence and expand this promising market.

While the Food and Drug Administration (the FDA) continues to drag its feet in forging a legal path for the manufacture, sale, and distribution of hemp-derived products, state regulators are keeping up with the demands of this evolving market and adopting increasingly more nuanced and more sophisticated regulations for these products.

Mon
12
Jul

2 Undervalued Marijuana Stocks To Watch In July

2 Marijuana Stocks To Watch This Friday With Hidden Value

When looking for marijuana stocks to buy often times people look for the top companies only. This is typically done due to the value and popularity of the given cannabis stock. Most times investors try to invest in what is currently popping or bubbling in the market. With cannabis stocks trading in a volatile sector at times can be more beneficial to stick with top cannabis companies.

Mon
12
Jul

Apple Changes Cannabis App Policy – Will Google Follow?

Apps on phones and other devices play a huge role in most of our daily lives. Some apps are purely for entertainment, such as mind numbing video games.

Other apps play a much more important role, such as apps that are dedicated to tracking exercise activity or other health-related matters.

In the cannabis world apps come in many forms, however, access to those apps can often be tricky. 

Historically, major app providers like Google and Apple have been unkind to cannabis apps, often preventing them from being listed or taking them down shortly after initial listing.

Pages

Subscribe to RSS - Marijuana Business News