Marijuana Business News

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stocks
business
Thu
29
Aug

Insurance coverage: Assistance for some hemp farmers

On Tuesday, the USDA (United States Department of Agriculture) announced that certain farmers growing hemp for research purposes will be able to get insurance coverage under the WFRP (Whole-Farm Revenue Protection) program for the 2020 planting season.

Thu
29
Aug

B.C. selling less legal cannabis than any province other than P.E.I.

B.C. sold less legal cannabis than any province other than Prince Edward Island in the first nine months of legalization and officials blame supply shortages and a slow rollout of retail stores.

Statistics Canada data shows B.C. sold $19.5 million worth of legal pot from October 2018 through June 2019. The only province that sold less was P.E.I., which took in $10.7 million with only a fraction of B.C.’s population.

In its annual report, B.C.’s liquor distribution branch said problems with supply and slower than anticipated provincial and municipal approvals resulted in the province’s cannabis industry evolving at a slower rate.

Thu
29
Aug

3 top cannabis stocks to buy in September

Many cannabis stocks have fallen well below their highs set earlier this year. Volatility in the overall stock market reflects a lot of uncertainty, with worries about the possibility of a recession and an intensifying trade war. The combination of these factors could make some investors afraid to buy any stock, much less a marijuana stock.

But taking a long-term view makes investing a lot less scary. If you think that the pot industry will expand dramatically over the next decade or more, investing in marijuana stocks during times of uncertainty could actually increase your returns over the long run.

Thu
29
Aug

U.S. banking rules are holding back Global cannabis trade

One of the main roadblocks to the growth of the global cannabis trade is the fear of prosecution hanging over banks, claims a new report.

The Cannabis Legal Report published by London-based Prohibition Partners, finds that medical cannabis now legal in 43 countries with an ever-increasing number of countries also allowing access to CBD products 

It says this  ‘significant’ shift in attitudes to cannabis has been driven by ‘a kaleidoscope of forces including widespread political upheaval, technological innovation and new societal norms’.

Thu
29
Aug

Investment opportunities grow as cannabis expands into new consumer markets

For years, friends and family and angel investors were the primary funding sources for cannabis ventures, as only those closest to the industry were willing to take the risks that came with investing in a sector that, while increasingly legal at the state level, was (and is) still illegal federally in the United States. While those early investors continue to be important, we’re starting to see more institutional investors make moves into cannabis. Many of them are investing because of the way the industry is evolving. As cannabis becomes a fundamental ingredient, in products from drinks to beauty creams, investors will have more predictable ways to evaluate and invest in cannabis companies.

Thu
29
Aug

4 cannabis stocks projected to grow sales by at least 355% next year

For years, promises of growth had been more than enough to send marijuana stock valuations higher. However, things changed when Canada legalized recreational marijuana and opened its doors to adult-use weed sales on Oct. 17, 2018. No longer are promises sufficient to send cannabis stock market caps higher. Instead, Wall Street is looking to marijuana stock operating results and allowing sales growth to do a lot of the talking.

Wed
28
Aug

How to use tech and the web to exploit cannabis-industry margins

The cannabis industry has grown in leaps and bounds following the legalization boom, and is currently worth $10 billion and employs 250,000 people in the U.S. alone. By 2017, marijuana-related stocks skyrocketed, becoming the hot topic among investors. Further driving this point home, cannabis-investement group Arcview and BDS Analytics have estimated that sales will grow 38 percent to $16.9 billion by the end this calendar year. 

Wed
28
Aug

More consumers are drinking their cannabis and big brands are getting in on it

What could have been a threat to alcohol and the beverage industry, has now turned into one of the beverage’s biggest opportunities since hops met barley.

Wed
28
Aug

2 pot stocks to watch before the end of August

The pot stocks have been fueled by the number of investments being done on a widespread scale. Not only does this pertain to acquisitions, but the number of investors looking to purchase cannabis stocks as well. All of this has led to one of the friendliest investor markets for finding pot stocks to watch. 

Wed
28
Aug

4 keys to making your indoor grow operation more sustainable

For growing cannabis, indoor operations have become the norm. They’re discreet and owners can precisely control the climate – and their product. When strains have different THC contents and a quality product is the top priority, these indoor operations provide business owners the control they need to develop the exact product their customers want.

However, these facilities also come with extra costs. Space is limited, climate control equipment requires maintenance, and indoor lighting uses a lot of power. Different strategies and technologies can be employed to create a more efficient and sustainable grow operation. The upfront costs may be higher, but if you are willing to let technology take the wheel, the long-term benefits can outweigh the costs.

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