Marijuana Business News

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stocks
business
Thu
09
May

Levi's found a way to make hemp feel like cotton, and it could have big implications for your wardrobe

Denim icon Levi Strauss & Co. debuted garments made from a soft hemp-cotton blend in March, and head of innovation Paul Dillinger said he expects 100% cottonized-hemp products in about five years.

Hemp uses significantly less water and chemicals than cotton during cultivation. Levi's has found a way to soften hemp using far less water than was previously used.

Dillinger said the long-term goal is to incorporate sustainable cotton blends by using fibers such as hemp into all of its products.

This article is part of Business Insider's ongoing series on Better Capitalism.

Thu
09
May

3 cannabis stocks that doubled investors' money this year

Thanks to a dismal December, the vast majority of marijuana stocks are in positive territory since the beginning of 2019, but none have soared as high as these three. After rocketing up more than 100% this year, investors want to know if they have any more fuel in the tank.

Thu
09
May

‘Game changer’: Health Canada changes cannabis licensing process

Health Canada is changing the way it issues cannabis industry licences in a move that will likely alleviate a bottleneck that observers attribute to a long-running shortage of legal pot in the country.

Effective immediately, the regulator says new applicants seeking to produce, sell or process cannabis must already have a fully built facility. Previously, applicants were only required to make a paper submission.

“This is a game changer,” said Matt Maurer, a cannabis lawyer with Torkin Manes LLP, in a phone interview with BNN Bloomberg.

Thu
09
May

Partnership meant to fill gaps on cannabis consumption risks and benefits with hard evidence

The Ontario Lung Association and its industry partner, Tetra Bio-Pharma, have joined forces to fund and promote medical research that the two partners believe should help resolve some of the major controversies over the possible lung health risks and benefits of using cannabis.

Thu
09
May

3 marijuana stocks to avoid like the plague in May

Believe it or not, marijuana stocks proved fallible in April, with the first tradable cannabis exchange-traded fund, the Horizons Marijuana Life Sciences ETF, falling by 1.6% during the month. Of course, there's no need to cry a river, with the ETF tripling the performance of the S&P 500 on a year-to-date basis.

However, a budding cannabis market doesn't mean you can simply throw a dart and select a winner. If anything, investors should be more critical of pot stocks now, with the industry still nascent and contending with numerous supply chain-based growing pains.

As I look at the more than 50 marijuana stocks I regularly follow, I see three that should be avoided like the plague in May.

Thu
09
May

The African cannabis market could reach $7.1B by 2023

In the global cannabis landscape, Africa is an overlooked market. This is due to a number of factors, such as the illegality of the plant across the continent and the poor economic conditions that many African countries face.

Africa has the potential to become an enormous cannabis market due to the large population and favorable climate that makes growing weed easier than in neighboring Europe. A new report by Prohibition Partners suggests that by 2023, the African cannabis market could reach $7.1 billion.

Thu
09
May

One of the hottest marijuana stocks to watch this summer

Summer is right around the corner and that means it’s time to start bargain shopping! Historically, for the last several years, the entire cannabis market has pulled in during the summer months before eventually rallying back into the fall and winter seasons. This price action has created enormous opportunities for investors over the years. And now we believe this year one previous feature company needs to be at the top of your shopping list.

Thu
09
May

Marketing matters: More… on the art of branding & identity

I’d like to take the opportunity to continue with the Marketing/Branding points brought up in my previous column in the Brand Identity Infographic and focus on a few points related to the look/feel and mission/vision of building your brand for scale.

Thu
09
May

Most State Attorneys General say legal pot businesses should have safe access to banks

A letter signed by 38 Attorneys General from US states and territories has been sent to Congress calling for banking access for marijuana businesses, writes Calvin Hughes.

Wed
08
May

4 trends to watch in the growing market for 420-friendly tourism

For cannabis-consuming travelers, a thought that often lives in the back of their minds as they plan a vacation or trip: Will they be able to use cannabis medicinally or recreationally? How will they get access to it? With more jurisdictions opening up legal adult-use markets, canna-travellers have a growing number of options to safely integrate cannabis into their travelling.

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