Marijuana Politics

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Wed
19
Sep

A Canadian cannabis company will be the first to import legal weed to the US — and its stock is surging

Tilray shares were up more than 11% in early trading Tuesday after the British Columbia-based cannabis producer received approval from US officials to import medical marijuana for a clinical trial at the University of California San Diego.

The drugs, imported in capsule form, are designed to treat essential tremor (ET), a neurological disorder that causes involuntary and uncontrollable shaking that can make it difficult for patients to perform every day tasks like eating, drinking, or writing. It’s expected to begin in early 2019.

Wed
19
Sep

Legalizing medical marijuana doesn't increase crime and may even help reduce it

Those who oppose medical marijuana legislation often cite the strong association between marijuana use and criminal activity. This includes the U.S. federal government, which continues to classify marijuana as a schedule one drug.

Wed
19
Sep

Anti-marijuana Massachusetts politicians accepted pro-cannabis donations

It's not unusual that politicians get exposed as hypocrites, but sometimes the depth of that hypocrisy is still surprising. Several prominent Massachusetts politicians who spoke out against the state's referendum to legalize recreational marijuana were at the same time secretly accepting campaign donations from pro-cannabis organizations, writes Joseph Misulonas.

Wed
19
Sep

What differentiates Canadian online cannabis retailer Namaste Technologies from other cannabis stocks?

Unlike the Canadian cannabis producers who have been gearing up for the legalization of recreational marijuana since last year, Namaste Technologies (CVE:N), a leading online retailer of ancillary hardware cannabis products, was indifferent about the move until very recently.

Wed
19
Sep

Canopy Growth Corp vs. HEXO Corp: Which marijuana stock will be the cannabis beverage king?

As the launch of the recreational marijuana market in Canada approaches, investors are trying to figure out which cannabis stocks will eventually dominate the sector.

Tue
18
Sep

Utah: Mormon leaders call for new medical-marijuana plan in months

Mormon church leaders are calling for Utah lawmakers to pass medical-marijuana legislation by the end of the year even as they urge people to vote against a ballot measure that would legalize medical marijuana in the state.

Church leaders say they oppose the ballot measure because they believe it could allow recreational users get marijuana in Utah if it passes in November, but they still want patients with serious medical needs to have access, the Deseret News reported Sunday.

“This isn’t ‘let’s wait till next year to have a conversation.’ It needs to be dealt with soon. There’s an urgency to accomplish this,” said Jack Gerard, a leader in The Church of Jesus Christ of Latter-day Saints.

Tue
18
Sep

Shopify stock set for new heights on back of marijuana legalization

Several Canadian provinces have picked Shopify to run their e-commerce websites and the company has also signed deals with marijuana companies.

As recreational cannabis becomes legal in Canada starting next month, Shopify Inc. is emerging as the place to get it. For investors, that means there’s potential for the e-commerce company to smoke expectations.

Several Canadian provinces have picked Shopify to run their e-commerce websites and the company has also signed deals with marijuana companies including Canopy Growth Corp., KeyBanc says. Cannabis is an “opportunity no one is talking about,” analyst Monika Garg writes.

Tue
18
Sep

5 Canadian cannabis targets for the big beverage industry

The legal cannabis market represents a significant opportunity and the increased increase from beverage companies (alcoholic and non-alcoholic) has been a catalyst for the entire sector.

The increased interest from beverage companies has led to an influx of questions from our readers and today, we want to highlight 5 companies that represent potential acquisition targets.

1. Aurora Cannabis: An Acquisition Target

Yesterday, Aurora Cannabis (ACB.TO) (ACBFF) surged higher after BNN Bloomberg reported that the global cannabis producer was having serious discussions with The Coca-Cola Co (KO). This announcement served as a catalyst for the cannabis sector and we are monitoring this development.

Tue
18
Sep

Class is in session at Canada's first 'pot school'

Niagara College offering instruction on growing weed. The school year may be two weeks old, but there's still a buzz at one college in southern Ontario over a program not available anywhere else in the country. "I never thought five years ago, maybe even two years ago, that we'd be here in this classroom starting a course on commercial cannabis production," said professor Bill MacDonald.

MacDonald is the head of Niagara's College's new cannabis program. On the first day of school, he not only had students huddled around him, but also reporters and cameras. The root of the excitement is that Canada is just over a month away from making pot legal for recreational use, and licensed cannabis producers across the country are hiring greenhouse staff as they ramp up operations.

Tue
18
Sep

Washington DC's budding market for legal pot is rife with potential pitfalls — here's what you need to know

It's been nearly four years since Washington, D.C., citizens overwhelmingly passed Initiative 71, granting all citizens over the age of 21 permission to possess up to two ounces of marijuana. The law allows district residents to use and grow pot on private property, and to exchange weed as long as no money, goods or services are exchanged.

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