Marijuana Business News

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stocks
business
Thu
14
Nov

Iowa farmers can cash in on growing hemp industry in 2020

Iowa farmers will have the opportunity next year to begin growing hemp.

Late last month, the U.S. Department of Agriculture issued regulations pertaining to the production of industrial hemp. The growth of the fairly new crop, licensing and testing procedures, and possible destruction of plants that fall short of tetrahydrocannabinol, or THC, requirements will be governed by the rules.

The move came as a sigh of relief for farmers who are struggling financially, especially after the trade dispute between the U.S. and China negatively affected sales of traditional harvests. It is believed that hemp-derived cannabidiol, commonly called CBD, will create new revenue.

Thu
14
Nov

OSHA training comes to California Cannabis

In another landmark shift, as California’s cannabis industry evolves from an underground movement to a regulated market, state rules now require permit holders to undergo extensive safety training from the state’s arm of the federal Occupational Safety and Health Administration (OSHA).

Thu
14
Nov

What can other Countries learn from the Vape Crisis in the US

Vape pen cartridges are very popular in the United States, however, they are somewhat of a novelty in other countries. That is likely to change in the future as vape pen cartridge technology spreads to other markets around the globe.

For those that are unaware of what a vape pen cartridge is, it’s a cartridge filled with a cannabis concentrate oil. 

The cartridge attaches to a battery that heats up an element or wick inside of the cartridge, and that creates a cannabis vapor that the consumer inhales.

For many consumers, a vape pen cartridge is preferred over smoking cannabis since it’s so convenient, discrete, and yields significantly less odor.

Thu
14
Nov

2 marijuana stocks to watch before Friday

Positioning in the pot stock market is one of the most important aspects to consider. Given that pot stocks as an industry, has so many facets, finding a niche becomes ever more important. Within the market, there are several sub-sectors including money transport, extraction companies, branding and packaging, and many more. Because of the broad scope of the industry, investors are not at all limited to just a few pot stocks. With great power, however, comes great responsibility.

Thu
14
Nov

These strategies will get more customers to your dispensary

It goes without saying that you want to get as many new customers into your dispensary as possible. But with the cannabis retail space becoming more and more competitive every day, you can't just expect a flood of new customers to rush in the second you open your doors. You need the right marketing strategy to break through the clutter, grab your ideal customers' attention, and drive new business for your dispensary. 

Thu
14
Nov

2 friendly reminders about investing in marijuana stocks

The expectation has long been that marijuana would be among the fastest-growing industries in the world over the next decade. We've already witnessed global cannabis sales more than triple over the past four years, and know that tens of billions of dollars in sales are undertaken annually in the black market. The demand is there -- it's simply a matter of continuing to legalize in new markets, and coercing consumers to purchase via legal channels.

Thu
14
Nov

5 cannabis stocks tapping international markets to drive growth

Read entire article here.

Although most people think about the US or Canada when it comes to the cannabis industry, it is important to understand how the industry is advancing in emerging markets across the globe.

The last few years have been significant for the international cannabis industry and we have seen several countries approve legislation to legalize medical cannabis. Going forward, we expect this trend to become even more significant and this is something that investors need to be aware of.

Thu
14
Nov

Michigan recreational pot shops could start sales Dec. 1

Recreational marijuana shops could start selling product as soon as Dec. 1 after state regulators said Wednesday they could transfer some of their medical marijuana product to their new adult use supplies.

The change has some industry stakeholders worried about medical marijuana shortages.

Newly licensed recreational pot shop owners with an equivalent medical marijuana facility license will be able to transfer up to 50% of their product to use for recreational sales, according to a bulletin that will be sent Wednesday to licensees.

Thu
14
Nov

Cannabis companies should be partnering with big tobacco, not big alcohol

When Canopy Growth (NYSE:CGC) announced it was joining forces with Constellation Brands (NYSE:STZ), it made investors euphoric as they dreamt of what it could mean for the top pot stock in the world. Beverages were -- and still could be -- the next big thing in the industry, and so partnering with a big alcohol company that makes the popular Corona beer seemed like a match made in heaven. And with Constellation Brands increasing its ownership stake in Canopy Growth, it would guarantee that the two companies would be inseparable and continuing to work on products together for the foreseeable future. 

Wed
13
Nov

20 stocks that could double your money in 2020

It might be hard to believe, but in just seven weeks, we'll be saying our goodbyes to 2019. Although investors have endured a couple of short-lived rough patches, it's been an exceptionally strong year for the stock market. The broad-based S&P 500 is up 23%, the iconic Dow Jones Industrial Average has gained 18%, and the tech-heavy Nasdaq Composite has returned almost 27%.

How good are these returns? Well, let's just say that the S&P 500, inclusive of dividends and when adjusted for inflation, has historically returned 7% annually, with the Dow closer to 5.7% a year, on average, over its 123-year history.

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