North America

Tue
20
Oct

Border patrol intercepts weed worth US$8 million at Peace Bridge

The tally of cannabis seizures at the Peace Bridge running between Canada and the U.S. increased yet again last week when U.S. border officers in Buffalo discovered a commercial shipment with more than a ton of weed.

Thu
03
Sep

As the Legal Cannabis Market Grows, the Illegal Market Shrinks

Legal marijuana entrepreneurs are finally starting to win the battle against a long-time enemy—the illicit market. For years, black market operators have undercut cannabis prices and taken away part of the cannabis market share.

But a new study has found that the coronavirus epidemic has accelerated the long hoped for reduction in the illegal market. The legal market has especially taken away business from Mexican drug cartels, according to a report from the Congressional Research Service.

Thu
03
Sep

CannaCon: Grow the Industry With Us

CannaCon the seminal cannabis convention is coming back to Oklahoma City Monday, September 28 to Tuesday, September 29 at the Cox Convention Center.

With over 100 exhibitors showcasing some of the best products in the industry including world class genetics, the latest in packaging, and the latest in extraction equipment, you will find everything you need to grow your cannabis business. CannaCon is dedicated to supporting emerging markets, and Oklahoma is home to a quickly growing medical cannabis industry.

Tue
25
Aug

U.S. border officials seize over 1,000 lbs of pot

A Canadian truck driver faces charges in Detroit after border officials at the Fort Street Cargo Facility seized over 1,000 lbs of marijuana on Sunday.

The driver presented a manifest for steel wire destined for a distribution centre in Chicago, but Customs and Border Protection officers got suspicious and sent the truck to secondary inspection.

That’s when they found 1,031 lbs of marijuana hidden in five wooden crates.

“The Port of Detroit is proud to have prevented the exploitation of our borders and the introduction of illicit drugs into our communities,” said Port Director, Devin Chamberlain. “I am equally proud of our CBP Officers and Agriculture Specialists who remain vigilant in their efforts to protect the American people every day.”

Tue
28
Jul

$6 Million Worth of Cannabis Seized At New York-Canada Border

A 45-year-old Canadian man got busted at the border last week hauling millions of dollars worth of marijuana.

The U.S. Customs and Border Protection nabbed the suspect last Wednesday on Peace Bridge, a crossing that connects Buffalo, New York to Fort Erie, Ontario. The man was driving a commercial tractor trailer, and he informed the officers that he was delivering a shipment containing articles of cement. 

Thu
23
Jul

This Is Why We Need Verified Product Reviews For Cannabis

I was reviewing cannabis brand data recently— a chart that compares price against quantity sold. In a traditional industry, it would resemble a downward-sloping demand curve.

But cannabis is not a traditional industry.

Instead of finding a simple graph, I found a hodge-podge of plot points, almost randomized, with little rhyme or reason: young brands, old brands, successful brands, struggling brands—all thrown into the messy mix.

Thu
23
Jul

United Soccer League signs a four-year sponsorship deal with a cannabis company

There will be plenty of footsy going on between the United Soccer League (USL) and CBD hemp brand Synchronicity as part of a new four-year sponsorship deal.

Functional Remedies, makers of the full-spectrum hemp oil brand, can look forward to seeing the products featured on USL stadium signage, social media channels, website and app network, according to Ganjapreneur.

Wed
01
Jul

Nearly Five Tons of Pot Seized At Canadian Border

Customs officials seized nearly five tons of cannabis last week from a truck that was attempting to cross into the U.S. at the Peace Bridge Port of Entry on New York’s border with Canada, federal law enforcement officers announced on Monday. The seizure is the third large pot bust this month at the border crossing that has seen an uptick in smuggling via commercial vehicles since travel restrictions called in response to the COVID-19 pandemic were put in place this spring.

Thu
18
Jun

Canopy Growth CEO predicts US will legalize weed in 2022

The chief executive officer of Canopy Growth said this week he expects the United States will legalize recreational marijuana at the federal level in 2022.

Speaking to CNBC’s Jim Cramer on his show Mad Money, David Klein said that the growing number of U.S. states legalizing weed will inevitably lead to broader support in Congress that will, in turn, eventually force lawmakers to remove cannabis from Schedule I of the Controlled Substances Act.

Thu
18
Jun

4 Reasons Cannabis Companies Are Moving to an Enterprise Solution

To say 2020 could be a defining year for vertically integrated cannabis companies is an understatement.

It will be. And those driving execution in this complex, regulated industry with an enterprise-level solution will prove to be the leaders. 

This year, the cannabis industry has been thrust into yet another transitional period. Legalization legislation is potentially off the table for the foreseeable future, and many are dealing with a shrinking economy for the first time. 

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