North America

Wed
17
Jul

Cannabis CEOs are white men, just like in the rest of the corporate world

Bloomberg Businessweek — When Nancy Whiteman, 61, founded her marijuana edibles company, Wana Brands, almost a decade ago in Boulder, Colo., the legal industry was relatively diverse and dominated by local startups. It helped that Wall Street banks and institutional investors took a hands-off approach to cannabis, leery of getting involved with a drug that’s still banned by the federal government. “It was a pretty even playing field for everybody—men, women, anybody who was interested,” Whiteman says.

Wed
17
Jul

Ex-CannTrust president fears for firm's future amid regulatory probe

Health Canada changed the way it conducted cannabis industry inspections last year amid an “insatiable appetite” for licences, according to one of CannTrust Holdings Inc.’s former top executives, in a move that potentially opened the door for the regulatory fiasco that has thrust the pot producer into the spotlight.

Brad Rogers, the former president of CannTrust who worked at the Vaughan, Ont.-based company from April 2016 to last October, told BNN Bloomberg that he observed a streamlining for licence submissions after Health Canada was flooded with applications before Canada legalized recreational cannabis in October.

Wed
17
Jul

Cannabis stocks rally after FDA says it will speed up effort to create rules for CBD

Cannabis stocks were mostly higher on Monday, after the U.S. Food and Drug Administration said it is expediting its effort to create a regulatory framework for CBD with plans to publish a report on its progress by early fall.

Amy Abernathy, acting chief information officer, said in a series of tweets sent on Friday that the agency is “expediting its work to address the many questions about cannabidiol. This is an important national issue with public health impact, and an important topic for American hemp farmers and many other stakeholders.”

Wed
17
Jul

The marijuana industry needs innovation to thrive

There’s a kind of boom and bust cycle that tends to follow the development of every new technology, or every major societal change. People get excited about the possibilities of the shiny new concept, they dump money into stocks, they start businesses in the industry, and they push public enthusiasm even higher. Then, at some point, someone realizes all these businesses aren’t really innovating or providing the value people thought they had, and the bubble bursts.

Wed
17
Jul

This company is using cannabis to make jeans

Alchemists are known for turning straw into gold — but can a pair of LA creatives turn weed into jeans?

James Jeans and Alkhemist Los Angeles founders, James Chung and Conrad Yun, have launched a licensed cannabis growing facility in the city of LA, with the intention of combining a passion for cannabis and years of experience crafting premium denim products.

“We are excited to become the premiere locally grown producer of artisanal cannabis for the Southern California market and beyond,” Chung told Sportswear International at a ribbon-cutting ceremony last week to open the facility.

Wed
17
Jul

Pot stocks that are sparking interest around the industry

Marijuana stocks have been an interesting topic for quite some time. In only a few short years, cannabis has become one of the fastest-growing industries on the planet. Although the market is fruitful, it can be difficult at times to pick the right marijuana stocks to buy.  Although some companies have shown their value and commitment to innovation, this is what brings in investors looking to buy cannabis stocks.

Wed
17
Jul

How the new NAFTA affects cannabis stocks

At the end of 2018, Canada, the United States, and Mexico agreed on new terms to replace the North American Free Trade Agreement (NAFTA). The new treaty, the Canada-United States-Mexico Agreement (CUSMA), establishes updated legal language surrounding trade tariffs, environmental and labour regulations, and intellectual property protections. Now that cannabis is considered a legitimate export for medicinal use, international trade faces the complex task of applying current laws to a product which was once prohibited.

Wed
17
Jul

How cannabis brands can harness the power of digital marketing

More states are moving towards legalization, opening new markets for cannabis brands. However, because of the rigid regulations and restrictions that exist around advertising, many cannabis and CBD companies are throwing all of their ad dollars at billboards and local print, overlooking more powerful channels for exposure and engagement.

While the big platforms including Facebook, Instagram and Twitter are tricky to navigate, there are digital channels available. As cannabis brands enter increasingly competitive marketplaces, these creative solutions are more necessary than ever.

Tue
16
Jul

1 top cannabis stock you can buy and hold for the next decade

The cannabis industry is expanding at a torrid clip. Investment bank Cowen expects global cannabis sales to grow to $75 billion by 2030, while Bank of America analysts believe the marijuana market could one day generate $166 billion in annual sales.

One marijuana company, Aurora Cannabis (NYSE:ACB), is particularly well positioned to capture a substantial portion of the industry's profits in the coming decade. Read on to learn more about it.

Tue
16
Jul

4 little-known cannabis stocks making big gains in 2019

When you think of cannabis companies, the first names that come to mind are likely the most publicized ones, such as Canopy Growth Corporation, Aurora Cannabis Inc, and Aphria. Since there are more than 100 marijuana stocks in the market, there are some that fly under the radar. Today we have discovered four lesser-known cannabis stocks that have made big moves so far in 2019.

*Share prices as at close Thursday, July 11, 2019, data obtained from S&P Capital IQ

Pages

Subscribe to RSS - North America