Marijuana Business News

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Mon
09
Jul

Legal marijuana is coming to Canada: Investors catch the buzz

Inside garage-sized containers at one end of a cavernous warehouse in a former Nestlé factory south of Ottawa are rows of marijuana plants stacked atop each other, basking in the unearthly glow of grow lights.

They belong to Hamed Asi, an Ontario businessman who calls them his “vertical farm.” He has no background in growing marijuana, or in any kind of agriculture. His other line of business is installing office furniture; cubicles, filing cabinets and desk chairs fill the opposite end of the warehouse.

Mon
09
Jul

The rejection of this marijuana petition by the FDA could be a bigger deal than you realize

In just a few months, the legal cannabis industry will be turned on its head. Based on the passage of the Cannabis Act on June 19 in Canada, adults will be able to legally purchase marijuana beginning Oct. 17, 2018. That's right -- Canada will be the first industrialized country in the world to give the green light to recreational marijuana.

Mon
09
Jul

3 Top marijuana stocks to consider buying for the second half of 2018

So far, 2018 hasn't exactly been a great year for most marijuana stocks. Sure, some marijuana stocks have chalked up huge gains. Most, though, haven't performed very well.

Mon
09
Jul

How Canada's marijuana legalization changes the game

We’ve all seen countless articles about Canada’s decision to legalize the recreational use of marijuana on a federal level. Analysts and reporters discussed what this meant for Canada and the US, but what about the world?

First G-7 Nation to legalize marijuana

Canada has become the first G7 nation to legalize marijuana despite a decision earlier this year by the United Nations International Narcotics Control Board (INCB), which issued a report classifying the legalization of marijuana for recreational uses as a “clear violation” of the U.N.'s 1961 Single Convention on Narcotic Drugs. While Uruguay disregarded this international treaty, Jamaica was deterred from moving toward full legalization. Now, Canada has joined Uruguay on the rebel band.

Mon
09
Jul

The Senate Appropriation Committee's must-see quote on marijuana's scheduling

This has turned into another banner year for the legal marijuana industry. Following the legalization of medical cannabis in Mexico last year, Canada has made good on its pledge to legalize recreational marijuana. As the first industrialized nation to do so, adult-use sales will become officially legal on Oct. 17, 2018, according to Prime Minister Justin Trudeau.

Fri
06
Jul

Canadian cannabis workers targeted by U.S. border guards for lifetime bans

As tensions between Canada and the U.S. have risen in recent months, a quieter, slower-burning conflict has been developing along the border: Canadians associated with the cannabis industry — even if they have never used the drug — can be banned for life from America.

Despite Washington State legalizing cannabis within state boundaries, the border is under federal jurisdiction. And since cannabis, along with drugs such as heroin and cocaine, is a Schedule I substance, past or current association with the drug is considered a federal crime in the U.S.

Fri
06
Jul

Canada's legal weed not welcome in U.S

Marijuana will be legal nationwide in Canada on Oct. 17, but don't expect a grassroots tourism effort to put a dent in the balance of trade or even chill out a simmering trade war between the two countries.

Authorities do not expect a major flow of Americans over the Blue Water Bridge in Ontario looking for a legal high.

And they warn that people who try to bring in a souvenir of their stay in Canada, or who come back to the United States with a buzz on, could be subject to criminal charges if they're caught.

Fri
06
Jul

Canada's legal weed not welcome in U.S

Marijuana will be legal nationwide in Canada on Oct. 17, but don't expect a grassroots tourism effort to put a dent in the balance of trade or even chill out a simmering trade war between the two countries.

Authorities do not expect a major flow of Americans over the Blue Water Bridge in Ontario looking for a legal high.

And they warn that people who try to bring in a souvenir of their stay in Canada, or who come back to the United States with a buzz on, could be subject to criminal charges if they're caught.

Fri
06
Jul

The future of cannabis patents lies in blockchain technology

For consumers to have true product choices in the budding cannabis space, growers and breeders need to protect their intellectual property through a modernized system. As it stands, the patent application process is arduous and outdated, posing as a barrier to cannabis market entrants.

Fri
06
Jul

Jefferson University launches nation's first medical marijuana certificate programs

The programs come as more states are legalizing medicinal cannabis.

Thomas Jefferson University is launching the first university-based, graduate-level certificate programs in medical marijuana education, school officials announced on Thursday.

Studies will begin in the fall for certificates in Cannabis Medicine and Cannabinoid Pharmacology at the Lambert Center for the Study of Medicinal Cannabis and Hemp. The programs are the first of its kind.

A third certificate program – for Cannabinoid Chemistry and Toxicology – will kick off in 2019.

The programs come as more and more states legalize medicinal and – in some cases – recreational marijuana. Medical marijuana is now available in 30 states, including Pennsylvania and New Jersey.

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