Marijuana Business News

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stocks
business
Fri
06
Sep

New Zealand could legalise recreational marijuana in 2020 — and this Aussie cannabis company wants a toke of the booming market to follow

New Zealand might be world-renowned as a producer of high-quality reggae, but cannabis — the plant so hallowed in the musical genre’s sub-culture — remains tightly controlled in the country.

Cannabis is defined as an illegal substance under New Zealand’s Misuse of Drugs Act and cultivating or supplying the drug can land you as many as 14 years in prison – and even possession could get you three months.

Fri
06
Sep

2 marijuana stocks to watch in Q3

The marijuana stock market has grown substantially in the past few years. In the past few months, however, we have seen some instability overall. This volatility is something that some investors look for as it gives two potential benefits. For one, it offers a chance to potentially buy a company at bare bottom prices. The other opportunity comes as it allows for greater potential gains.

Fri
06
Sep

Another Canadian Company sets up Portuguese growing operation

Portugal’s California-like weather has seen a third Canadian company look to establish a cannabis cultivation footprint in the country.

First it was Tilray, then it was Aurora and now The Flowr Corporation is set to grow cannabis in the country. Flowr has announced plans to acquire the remaining 80% stake in Portuguese firm Holigen which has established a huge cannabis operation in Aljustrel, about 100 miles south east of the capital Lisbon.

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. 

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