North America

Fri
18
Jan

Retail marijuana is becoming big business

MedMen (NASDAQOTH:MMNFF) unveiled preliminary fiscal second-quarter results on Jan. 17 showing that California's retail marijuana market is accelerating. The company's soaring sales show that marijuana retailers are poised for significant growth, but this company's still got a lot of work to do before it's likely to reward shareholders with earnings instead of losses.

 

 

Fri
18
Jan

8 things everyone gets wrong about marijuana’s CBD

It doesn’t get you high, but it’s causing quite a buzz among medical scientists and patients. The past year has seen a surge of interest in marijuana’s CBD, a non-intoxicating cannabis compound with significant therapeutic properties. Numerous commercial start-ups and internet retailers have jumped on the CBD bandwagon, touting CBD derived from industrial hemp as the next big thing, a miracle oil that can shrink tumors, quell seizures, and ease chronic pain — without making people feel “stoned.” But along with a growing awareness of cannabidiol as a potential health aid there has been a proliferation of misconceptions about CBD.

Fri
18
Jan

Slow start to recreational cannabis sales not a concern, GMP says

Health Canada has released market data on cannabis sales for November, the first full month of the legal market. The numbers suggest a run rate of about 5,400 kg monthly or 65 tonnes annually, which is lower than expected, says analyst Martin Landry of GMP Securities, but potentially reflective of a sluggish start to the industry.

As part of the system to prevent legal cannabis from being diverted into the illegal market, the federal government operates a Cannabis Tracking System with a mid-month deadline for license holders and provincial bodies to submit their monthly reports.

Fri
18
Jan

The endocannabinoid system: Here’s how it keeps the body healthy and happy

In order to consume medical cannabis in a responsible and efficient manner, a person should completely understand what exactly goes on in the body upon introducing it the active molecules from the cannabis plant. The way these cannabis-derived compounds interact with our organism is astonishing.

The endocannabinoid system consists of cellular receptors found in very large amounts throughout the body, and the endocannabinoids—the body’s internal chemical compounds that entice these endocannabinoid receptors.

Fri
18
Jan

On judging cannabis, then and now

Gwilt tests 30 to 60 strains weekly, sending three to four g per variety for third-party THC tests and accepts 15 percent to 20 percent of those.

Evaluating excellence in cannabis flowers was once the province of either unlicensed growers or dispensary owners. In the new legal market, this task is being shifted largely to licensed producers (LPs), a shift that, interestingly, has brought few changes to the field.

Dana Larsen, who has owned The Medical Dispensary in Vancouver since 2008, employs premier cannabis testers. One is Carol Gwilt, co-owner of Weed, Glass & Gifts dispensary, who has been testing cannabis for 15 years. Gwilt begins this task “by interviewing growers on their methods.”

Fri
18
Jan

U.S. beer giants push into cannabis market thirsty for growth

The makers of Budweiser, Coors and other large-scale brewers are placing their bets on cannabis as a way to fight saturated markets and shifting consumer trends.

For years, the industry's largest players have struggled with stagnating markets and shifting consumer tastes. Anheuser-Busch InBev (BUD.N), Molson Coors (TAP.N) and Corona brewer Constellation Brands (STZ.N) have responded by buying up fast-growing craft brews. Anheuser-Busch's 2011 purchase of Chicago's Goose Island is one of the most emblematic examples of this strategy, which has helped big brewers maintain revenue and profit steady. But concerns over growth continue to hang over the industry.

Fri
18
Jan

Odor issues are moving to the forefront as more States allow recreational cannabis

With 10 states and the District of Columbia having legalized recreational cannabis (representing nearly a quarter of the U.S. population, including the most populous state), an emerging issue is how to deal with the odor generated by marijuana production facilities. A December 19, 2018 article in The New York Times noted a growing number of neighbors of cannabis farms are complaining about “skunky” odors caused by certain volatile organic compounds generated during growing and processing.

Fri
18
Jan

Neiman Marcus will start selling cannabis cosmetics in select States

The Dallas-based high-fashion retailer Neiman Marcus is the latest in a line of established luxury brands taking the plunge into the cannabis beauty trend, writes Calvin Hughes
.

CBD is quickly becoming one of the biggest trends in upscale beauty products. The non-intoxicating cannabis extract can now be found in just about any skin-care product you can think of and is often marketed for its ability to relieve stress and pain without getting you high. Now shoppers can find CBD-infused cosmetics at luxury department store chain Neiman Marcus.

Thu
17
Jan

Here are 10 types of marijuana that can relieve your migraines

Let’s face it: migraines and the symptoms that come with them, suck. The light and sound sensitivity, the constant throbbing and the nausea – all are enough to have you reaching for the nearest bottle of pain relief to drown your soul in. But in all seriousness, what do you do when Excedrin isn’t cutting it and those weird at home remedies you googled (like drinking warm apple cider vinegar or making feverfew tea) don’t go according to plan? How do you relieve your migraines?

Well, the power is in the cannabis. Treating migraines is among cannabis’ long list of healing power, but you can’t just smoke any ol’ train. The key to effectively treating your migraine is knowing which strains will actually get the job done.

Thu
17
Jan

Solving for CBD’s funky taste before beverages can go mainstream

Mainstream consumer goods companies continue to throw out their fears of the cannabis industry and instead are embracing all things CBD (cannabidiol.) Last week it was the shoe chain DSW (NYSE: DSW) that

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