Marijuana Business News

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business
Wed
05
Feb

European cannabis testing market expected to reach $807.9m by 2025

The European cannabis testing market is estimated to grow with a CAGR of 10.8% from 2018-2025.

The growth of the cannabis testing market is primarily attributed to the European government funding cannabis education for doctors, and the increasing demand for research activities for cannabis quality.

Wed
05
Feb

Study Sheds Light On “Hot Hemp”

Some widely held assumptions on THC levels in hemp have been put under the spotlight in a recent study.

While hemp has far less of the intoxicating cannabinoid tetrahydrocannabinol (THC) than its cousin marijuana (low THC levels are what makes a cannabis sativa plant hemp legally speaking), it still varies enough to cause headaches for farmers.

Where hemp is legal, the maximum THC level permitted depends on the jurisdiction – but it’s usually anywhere from .3% to 1%. Even a little over whatever limit has been put in place and the crop becomes “hot hemp” and will usually have to be destroyed. In addition to the loss of the crop, the farmer may be charged with offences related to growing marijuana depending on circumstances and regulations.

Wed
05
Feb

Cannabis industry groups urge advancement of SAFE Banking Act

More than 30 organisations have co-signed a letter to Senator Mike Crapo, emphasising their support for the SAFE Banking Act.

The coalition of more than 30 national and state cannabis industry organisations sent the letter to Senate Banking Committee Chair Mike Crapo, urging him to advance the House-approved version of a bill aimed at addressing the state-legal cannabis industry’s lack of access to banking and other financial services.

Wed
05
Feb

Report offers recommendations on displacing illicit cannabis vape market

A new report has been put forward that contains detailed information on proximate causes, and provides recommendations for displacing the illicit cannabis vape market.

In recent months America has seen a swathe of respiratory illnesses associated with unregulated cannabis vape cartridges found in the illicit market.

Wed
05
Feb

Taxes Are a Growing Problem for the Cannabis Industry

Marijuana prices need to be low enough to keep consumers away from the black market. However, for regulators, there's also a need to generate sufficient tax revenue from the industry so legalization can achieve various funding goals that different states envisioned when they decided to legalize pot. Finding a balance has been difficult, but few would argue that taxes are low enough for the industry to succeed.

Wed
05
Feb

This Technology Could Make Pot Stocks Profitable

It isn't impossible for cannabis stocks to report profits, but finding stocks in the industry that can do so consistently is another story. That's one of the reasons many investors steer clear of the industry, as a lack of profitability and lots of cash burn have made the sector a very risky one to invest in. Two Israeli companies are researching an exciting new technology that could change the outlook for the industry, which could help cannabis companies improve their margins.

Wed
05
Feb

1 Important Reason Why Cannabis Edibles Could Fall Short of Expectations in Canada

Marijuana stocks in Canada enjoyed strong revenue growth in 2019. Prior-year results were easy to compare to because the government hadn't legalized pot until October 2018.

In 2020, the edible and ingestible market will continue to help pad the sales of Canadian pot stocks. The problem, however, is that while the revenue numbers may be up from last year, they may not be as strong as what investors are hoping for.

Restrictions on edibles pose a problem

Edibles are an exciting new segment of the cannabis industry. From beverages to food products, there are many new products that companies can develop. In September, industry leader Canopy Growth said it was working on 50 new edible products.

Tue
04
Feb

By 2024, the CBD skincare market will be worth over $950 billion

Since its mainstream introduction a couple of years ago, CBD has become one of the biggest disruptors in the beauty industry. The compound has been embraced by consumers of all kinds, causing beauty companies to look for original ways to make their mark on the blooming business. A new study predicts that by 2024, the CBD industry will be worth over 950$ billion.

This study was conducted by a strategic consultancy firm called Prohibition Partners, who called CBD’s breakthrough within the beauty industry unprecedented.

Tue
04
Feb

Exclusive medical cannabis fund launched in London

UK medicinal cannabis company Eco Equity founder Jon-Paul Doran has launched his first exclusively medical cannabis fund, JPD Capital, in London.

JPD Capital has investors from all over the world, including the UK, the Middle East, and Europe.

Minimum investment into the medical cannabis fund is £25,000 and investors can be based anywhere in the world. The fund is domiciled in Guernsey with marketing offices in London.

Tue
04
Feb

CBD: establishing cannabis in the wellness market

CBD is helping to establish cannabis as a legitimate products in the wellness market.

CBD, the more commonly known name for cannabidiol, is one of more than a hundred compounds found in the cannabis plant, and while there are several perceptions within the public around the benefits of CBD consumption, the most widely known fact about CBD is that it is non-psychoactive.

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