Marijuana Business News

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stocks
business
Tue
03
Sep

Hemp can help Latin America if proper strategies in place

Hemp can help to alleviate poverty in Latin American countries, but only if effective competitive strategies are in place, said Sergio Vazquez Barrios, who heads Uruguay’s industrial hemp program in the Ministry of Livestock, Agriculture and Fisheries (MGAP).

“I believe that the poverty levels of a country or an agro-exporting region are not overcome only with the large-scale production of a crop for which the demand is temporarily higher than the supply,” Vazquez Barrios told HempToday. “A strategic objective must first be considered and a competitive strategy must be identified.”

Vazquez Barrios said such a strategy must be combined with public education and development policies in order to advance economic growth.

Tue
03
Sep

Thailand drops cannabis extracts from narcotics list; firms eye investments

Thailand has removed cannabis and hemp extracts from its narcotics list, officials said on Monday, the latest effort to promote the development of marijuana products for medical purposes.

Thailand, which has a tradition of using cannabis to relieve pain and fatigue, legalized marijuana for medical use and research last year to help boost agricultural income.

“The intention is to allow extracts to be used in medicine, cosmetics and food and support hemp as a cash crop,” Tares Krassanairawiwong, Secretary-General of the Thai Food and Drug Administration, told reporters, adding that hemp seed and oil would also be exempt.

Tue
03
Sep

The cannabis industry in the UK: Risky business?

Is the cannabis industry in the UK a risky business? John Binns, Partner at BCL Solicitors LLP finds out more

Few can have failed by now to spot that cannabis and cannabis derivatives, are increasingly big business, not only in countries like Canada, but also right here in the UK. But the question of how this brave new world fits with the UK’s institutional attitude towards cannabis is an important one and divides into domestic and international issues.

Tue
03
Sep

Netherlands ‘legal supply’ coffee shop trial to proceed from 2021

Reforms to the Netherland’s opaque cannabis laws are finally underway after an agreement was struck on a four-year trial to provide cafes with a legal and regulated supply of the product.

Mon
02
Sep

The closest thing to a sure thing with investing in pot stocks

There's absolutely, positively no such thing as a sure thing when it comes to investing. Period. Anything you invest in comes with some level of risk. And investing in marijuana stocks comes with a lot of risk.

The closest thing to a sure thing with investing in pot stocks is a far cry from a sure thing. Having said that, there is an anomaly that I think investors can exploit to improve their chances of success with investing in the cannabis industry. It's simple. It's data-driven. And it makes a lot of sense.

Mon
02
Sep

Sundial to grow U.K. CBD after buying supermarket supplier

Following a C$250 million boost, Canadian firm Sundial Growers has splashed out one of the U.K’s largest horticultural operations to supply the booming European CBD market.

Mon
02
Sep

Greater focus on industrial hemp in Victoria, Australia

A government appointed taskforce in the Australian state of Victoria will delve into the opportunities for industrial hemp in the state.

The Industrial Hemp Taskforce will seek to understand where the industry has potential, and if regulations need to be tweaked to support growth (and no doubt there will be a resounding “yes” to the latter).

Mon
02
Sep

The environmental benefits of Hemp: Hemp plastics

As governments around the world are increasingly allowing the Cannabis argument onto the agenda, the conversation has become about more than just medical or recreational. The uses of Hemp – the Cannabis plant that doesn’t get you high – have long been neglected.

Mon
02
Sep

California is the friendliest state for marijuana businesses, law firm analysis finds

California’s cannabis regulations are the most business-friendly in the nation, according to an analysis conducted by the legal firm Thompson Coburn LLP.

The firm recently produced a “holistic state-by-state ranking guide that breaks down how favorable each state’s cannabis regulations are to businesses,” that put California at the top of the list of all 50 states plus Washington, D.C., according to a statement released on behalf of the firm.

Mon
02
Sep

Barbados Government promises Rastafarians 60 acres of land to grow marijuana

The Barbados government has promised to give members of the Rastafarian movement at least 60 acres of land for its members to grow marijuana legally.
Agriculture Minister Indar Weir, speaking in parliament on Friday, is also promising the group that it would play a major role in establishing a medicinal cannabis industry.
Weir said the government has met on numerous occasions with at least two groups representing the Rastafarian community and agreed they would be included in the industry.

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