Marijuana Business News

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Mon
02
Sep

Hemp growing boom is getting underway in Ireland

Ireland is undergoing a hemp awakening with the number of cultivation applications soaring dramatically.

The Health Products Regulatory Authority (HPRA) received 77 licence applications by July 2019, compared to 24 for the whole of 2018 and just seven in 2016, reports the Irish Mirror. It says there are now almost 1,000 acres registered for cultivating crops of hemp and this is expected to rise to as much as 5,000 acres.

Mon
02
Sep

Washington state cannabis company starts pot waste program

A Washington cannabis company has offered to collect and properly dispose of any waste from other marijuana stores.

KING-TV reported Thursday that Canna Culture Shop began the pot waste program early this week to help reduce the impact marijuana waste has on the environment.

Owner Maryam Mirnateghi says the program is meant to keep cannabis packaging from ending up on the street or in waterways.

Mirnateghi says the industry is expected to produce more than 1 billion pieces of cannabis packaging annually starting in 2020.

She says the program incentivizes customers by giving points to use on new purchases for each item of trash brought into the Seattle store.

Mirnateghi says anyone can bring in any cannabis trash from anywhere.

Fri
30
Aug

Hemp industry’s rapid change is challenge for small companies

With things moving as fast as they are in the hemp industry, the entrepreneur can get lost in it all. New markets come online. Supply-demand ebbs and flows as regulations change — all of it leading to tectonic shifts in market opportunities — and not just a few barriers and traps.

Fri
30
Aug

How Malta is attracting medical cannabis investment and growth

Malta Enterprise wasted no time in creating a regulatory framework for medical cannabis investment ensuring a brighter future for the strategically situated island.

Fri
30
Aug

5 cheapest pot stocks on the market right now

Perhaps the best word to describe the overall status of cannabis stocks in recent months is "malaise." Many cannabis stocks have taken it on the chin. But there is a silver lining: They're less expensive than they've been in quite a while.

Earnings-based valuation metrics can't be used for most pot stocks for the simple reason that most cannabis companies aren't profitable yet. But we can look at price-to-sales (P/S) ratios to determine which cannabis stocks appear to have the most attractive valuations.

What are the cheapest pot stocks on the market right now? Here are the top five based on trailing P/S ratios.

Fri
30
Aug

2 marijuana stocks that could double by year-end

The marijuana market is hungover again, but if you’ve been following the nascent industry since the early pre-legalization era, you’d know that such times are among the

Fri
30
Aug

Automated cannabis rolling technology for the world

The founders behind weR™ (wi:ar) introduce their technology which will revolutionise how cannabis is consumed and outline its infinite market opportunities.

Fri
30
Aug

3 cannabis stocks capitalizing on Latin America

Read entire story here.

Latin America is one of the most exciting emerging cannabis markets and this is a trend that has been gaining traction. During the last year, we have seen increased interest in the Latin American cannabis market and have been highly focused on this opportunity.

Fri
30
Aug

Cannabis to become a major crop in the heart of Australia’s food bowl

Cannatrek Ltd recently revealed it had received planning permission from the Greater Shepparton City Council to build a $160 million medicinal cannabis production facility.

Cannatrek is part of the CANNATREK Group, which is deploying an end-to-end industry blueprint, to provide a streamlined progression into the cannabis agri-tech industry, which reduces growth risk, maximises market share and targets high value-added wellness & medicinal cannabis products.

The facility, just outside of Shepparton, Victoria will be one of the world’s largest medicinal cannabis facilities and Cannatrek is already making its mark globally, having partnered with Canada's TSE listed $334.6 million capped Canntrust:

Thu
29
Aug

Canadian Marijuana Sales Hit a New High in June, but This Doesn't Tell the Full Story

Chances are high -- pardon the pun -- that marijuana will be one of the greatest growth stories of our generation. With worldwide legal weed sales more than tripling between 2014 and 2018 to $10.9 billion, the research team of Arcview Market Research and BDS Analytics foresees sales climbing to more than $40 billion by 2024.

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