Marijuana Business News

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stocks
business
Fri
21
Sep

This oil infusion appliance is the KitchenAid of cannabis

While private pop-up dinners, farm-to-table feasts and Insta-famous chefs are ruling the cannabis cuisine scene right now, LEVO is changing the game for curious home cooks.

First launched in 2017, the appliance makes the infusion of oil and butter from dry cannabis flower as easy as the touch of a button and now, the company is readying for the release of the LEVO II—an even more streamlined experience packed with improved features and innovative technology.

Thu
20
Sep

Manhattan DA wants marijuana entrepreneurs to ‘be successful’

When it comes to the New York pot rush, Manhattan District Attorney Cy Vance is anything but a buzzkill. The borough’s top lawman spoke to marijuana enthusiasts and entrepreneurs on Tuesday night about the “future” of cannabis in NYC — and told them flat-out that he was rooting for their success.

“I want you all to be successful and legal,” Vance said, noting how the Big Apple was the largest black market for pot in the country. “New York needs to take a lead responsibly — with speed,” he added.

Thu
20
Sep

Five game changing collaborations show how cannabis companies interact

A successful collaboration can bring a brand from niche to buzzworthy in an instant, while simultaneously injecting an established brand with refreshed attitude. It’s a mutually beneficial way to add another facet to your brand’s identity while getting a direct introduction to a new audience.

Thu
20
Sep

Canada: Meet the men marijuana made into millionaires and billionaires

Marijuana is starting to pay off.

A surge in the share prices of cannabis companies have made millionaires, and even billionaires, out of investors.

The pot-stock boom is expanding across the industry, with the most extreme example, Tilray Inc., seeing its shares catapult about 13-fold in the months since its July initial public offering. Now these marijuana men are worth millions -- or at least on paper. Given the volatility of stocks in the sector, their fortunes may be fleeting.

Thu
20
Sep

Insurance for cannabis businesses is becoming more available as legalization spreads

Because of a lack of insurance options, cannabis businesses are particularly vulnerable.

Federal law keeps the cannabis industry from flourishing. Aside from a lack of banking, cannabis businesses are also prohibited from being fully insured, thus making them extremely vulnerable.

Thu
20
Sep

Legalization will mean a boost to Canada's GDP - But how big of a boost?

Statistics Canada will begin considering the new cannabis market in their economic calculations once the substance becomes legal in a few weeks, writes Calvin Hughes.

According to Toronto-Dominion Bank (TD), the legalization of cannabis adds somewhere around C$8 billion (US$6.2 billion) to the country's economy. This will inevitably lead to an increase in Canada's GDP as reported by Statistics Canada.

Thu
20
Sep

Would a new marijuana tax crush Canada's cannabis stocks?

Marijuana stocks have been on fire in the past month as investors race to avoid missing out on one of the hottest trends in the investing world.

Thu
20
Sep

Organigram & Canopy Growth partner in Newfoundland and Labrador by signing supply agreement including distribution and retail services

Organigram Holdings Inc. (TSXV: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc. and Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), leading licensed producers of cannabis are pleased to announce that following Organigram's approval as a cannabis supplier in the Province of Newfoundland and Labrador, the Companies have signed a two-year supply and distribution agreement.

Organigram will become a key supplier of branded, finished cannabis products to Canopy Growth's Tweed-branded retail operations in Newfoundland and Labrador once adult recreational cannabis is legalized in Canada on October 17th, 2018. Canopy Growth will also perform a B2B sales function for Organigram by marketing its portfolio to other licensed retail outlets in Newfoundland and Labrador.

Thu
20
Sep

Concentrates are the fastest growing cannabis product category in the U.S.

Concentrates are currently the fastest growing cannabis product category in the legal industry according to data released earlier this week by Arcview Market Research. The projections are contained in a report by BDS Analytics called “Concentrates: The Hottest Product Category in Cannabis.”

The report shows that concentrates are expected to hit $2.9 billion in sales by the end of 2018, up 49 percent year over year. This makes cannabis concentrates the second largest market in the industry, only behind dried flower.

Concentrate sales are predicted to surpass flower sales by 2022 in size at $8.4 billion with flower expected to be at $8.5 billion.

Thu
20
Sep

Should Canadians avoid marijuana stocks to avoid a potential sticky situation at the US border?

As a Canadian, if you’ve smoked cannabis, invested in pot stocks, or worked in the cannabis industry for a firm like Canopy Growth(TSX:WEED)(NYSE:CGC), you could be at risk of a receiving a lifetime ban from the U.S.A. This potential ban is courtesy of a U.S. Customs or Border Protection Officer who may, at his or her discretion, question you about the cannabis to try to make you admit your cannabis “sins.”

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