China is secretly becoming a global cannabis leader

China farms a massive amount of hemp and currently holds more than half of the globe’s cannabis patents.

As Canada prepares for the legalization of cannabis this fall, its poised to become an international leader in the booming industry. But one unlikely competitor may stand in its way: China.


China grows half of the world's cannabis

Nowadays, all eyes in the cannabis industry are trained on Canada, which is poised to become a major game-changer once recreational cannabis becomes legal on October 17. But as exciting as that is, we shouldn't overlook the silent giant in the cannabis industry: China, which by some estimates produces 50 per cent of the world's cannabis.


China is blaming Canada for its cannabis problem but produces 50 percent of the world's supply

Canada's legalization of cannabis this year wasn’t met with red envelope-like celebration by Chinese government officials. The Chinese government has long blamed the maple-blanketed country for its handling of tons of illegal cannabis imports. Those officials have a right to be somewhat perturbed, as roughly 20% of Canada’s total marijuana production ($1.2 billion worth) was sold illegally beyond the country's borders last year, a good portion believed to be China-bound.


The miracle leaf in the era of blockchain

Cannabis has traveled the world and was found in the sites of prehistoric nomads, ancient China, Indian culture and Viking Ships. The origin of Cannabis dates back to thousands of years in Asia and eventually spread to the Americas and the United States. Through most of the historic journey, Cannabis has been used for a medicinal and spiritual purpose.


Trump Tuesday: Jimmy Kimmel's shocking discovery about Trump merchandise

Trump and his fellow Republicans suffered a major loss in Pennsylvania last night with Democrat Conor Lamb beating Republican Rick Saccone in a district that Trump won by 20 points.

The loss came only a week after the President made a very blatant attempt to woo voters in Pennsylvania by calling for heavy tariffs on foreign aluminum and steel.

Trump wants to focus on American made products and goods, so we wondered how things were going on his family website

Jimmy ordered a bunch of stuff and it turns out, a lot of it isn’t even made in America.


Trump Tuesday: Dog statue of Donald Trump in China mall is tickling the world funny

A mall in northern China has installed a larger-than-life canine statue with more than a passing resemblance to US President Donald Trump to welcome the coming Year of the Dog.

The giant pooch towers above shoppers in Taiyuan, capital of Shanxi province, sporting a slick golden pompadour, angled brows and a red scarf with one index finger raised in a distinctly Trumpian manner.


Why isn’t anyone talking about china and its bid to rule the cannabis industry?

A curious bit of weed-related news hit the AP wire earlier this month that should have raised more eyebrows than it actually did.

“$80M worth of pot seized, Chinese nationals suspected.”

Oddly, the newsflash about the seizure in Washington state didn’t seem to register so much as a national facial tic from newsreaders anaesthetized by more pressing issues — including Donald Trump’s ongoing Twitteruptions and assorted holiday mega-deals.


Where Marijuana is and isn't legal

Take a look some countries that have either legalized, decriminalized or simply chosen to tolerate recreational marijuana.

United Kingdom

Having been reclassified in 2009 from a Class C to a Class B drug, cannabis is now the most used illegal drug within the United Kingdom. The UK is also, however, the only country where Sativex – a prescribed drug that helps to combat muscle spasms in multiple sclerosis and contains some ingredients that are also found in cannabis - is licensed as a treatment.


Creso Pharma to create cannabis-based body care and cosmetic company within China

Australian medicinal cannabis company Creso Pharma has teamed up with Chinese hemp producer Zhejiang Kingdom Creativ in a commercial agreement that will see the two build a health food, nutraceuticals, body care and cosmetic company within China, according to a report by Finance Nine.

The development of the cosmetics company, which will selling hemp and cannabis-based products across the country. will run alongside Cresa Pharma’s expansion into the Chinese market, with Kingdom Creative set to import Cresa Pharma cannabis-based products into the local market. 

News of the development has sent Creso Pharma’s shares soaring, with shares at a record high up 19.5 per cent to 98 cents as of Monday.


Interview: Andre Bourque Brings the First Cannabis Investment Opportunity to Shanghai Investors

Cannabis industry consultant and Entrepreneur columnist Andre Bourquewas approached by a real estate publication out of New York, The Real Deal, to add cannabis investment opportunities to their annual showcase of real estate deals in Shanghai. “We had a meeting at their offices and began mapping out ways to accommodate cannabis sponsors,” shares Bourque. “The idea of owning and managing a 'cannabis real estate portfolio' is something the Chinese can easily grasp.”


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