North America

Thu
25
Apr

Alcohol and cannabis companies form pot-beverage industry group to push changes

A group of alcohol and cannabis companies have formed an industry alliance to push for changes to proposed rules governing pot-infused beverages before edibles become legal in the coming months.

The Cannabis Beverage Producers Alliance is arguing for, among other things, the ability to produce pot-based drinks in the same facilities where non-cannabis beverages are made.

The additional cost of establishing separate manufacturing and processing facilities is a "significant barrier to entry," particularly for small and mid-sized producers, said Paddy Finnegan, business unit manager for food and beverage at Lakeside Process Controls, an alliance member.

The extra cost will also make it harder to compete with the illicit market on price, he added.

Thu
25
Apr

A game-changing moment for marijuana stocks just got closer

Last week, a blockbuster story for marijuana  stocks — one of the biggest in years — slipped by a lot of investors. It was in the news, but most investors don’t know the industry well enough or the players involved to grasp its huge significance. To them, it was just another headline.

Not to me. I’ve been waiting years to write this story, and now the final chapter is taking shape.

I’m extremely bullish on the once-in-a-lifetime opportunity to build wealth in marijuana stocks. There was a time when other investors laughed at me because of it. Not anymore.

Basically, the biggest marijuana company in the world and some of the most connected people in the world all but told us that U.S. marijuana legalization is coming… and perhaps sooner than expected.

Tue
23
Apr

Marijuana legalization: A rare issue where women are more conservative than men

Surveys show that on issue after issue, women are more liberal than men, save for one: Men are more likely than women to support the legalization of marijuana.

Tue
23
Apr

5 ways cannabis can save the planet this Earth Day

Earth Day is a great time to check in with yourself and think about what you can do to better support this heavenly body we all occupy. That could mean actually taking the time to recycle correctly, or choosing public transportation over an Uber. But another (and, honestly, more fun) way to celebrate our planet is to consciously support the cannabis brands that prioritize environmental stewardship.

But there’s also a bigger picture to consider.

Tue
23
Apr

Solving the soluble puzzle for cannabis edibles

Many new products within the cannabis food and beverage industry are likely to launch once permits start being issued by Health Canada, expected in late 2019, exposing Canadians to hundreds of new formulations of consumer-packaged goods containing cannabis.

Tue
23
Apr

3 dawdling cannabis stocks: Can they catch up?

Across the board, this has been a great year for marijuana stocks. The ETFMG Alternative Harvest (NYSEMKT:MJ) portfolio contains companies with a diverse range of business models focused on the cannabis industry.

Tue
23
Apr

Canopy kicks off cross-border cannabis consolidation

Cross-border cannabis consolidation has begun.

Canopy Growth Corp. announced Thursday that it’s buying Acreage Holdings Inc. in a $3.4 billion deal that keeps it onside with stock-exchange rules while giving it an entry point to the U.S. market the moment federal legalization occurs.

The deal is “the most complex M&A transaction completed in decades,” according to Jonathan Sherman and Jamie Litchen, partners at Cassels Brock & Blackwell LLP, the law firm that advised Canopy on the offer.

Tue
23
Apr

Sky high: can you travel across borders with legal cannabis?

At the 1998 Olympics in Nagano, Japan, officials stripped the Canadian snowboarder Ross Rebagliati of his gold medal after he tested positive for THC. Rebagliati contested the ruling. He said he had quit smoking pot to train for the games, but had inhaled secondhand smoke at snowboarder parties.

The appeal worked. After 36 hours Rebagliati’s medal was restored. He flew to California and in an appearance on the Tonight Show with Jay Leno acknowledged past marijuana use. The next time he tried to enter the US, Rebagliati learned he was barred from the country for life, according to his immigration lawyer Leonard Saunders.

Tue
23
Apr

4/20 broke marijuana delivery websites everywhere

Cannabis retailers and delivery services tried their best, but they just couldn't keep up with the demand from consumers on 4/20, writes Calvin Hughes and James McClure.

April 20 - or 4/20 as it's commonly referred to - is undoubtedly the marijuana industry's biggest day. So it's no surprise that a lot of weed was bought, sold and smoked last Saturday. But even though licensed retailers and couriers knew there would be a huge spike in cannabis purchases last weekend, many couldn't supply enough weed to meet consumer demand. 

Tue
23
Apr

More cancer patients are treating chronic pain with cannabis than opioids

When it comes to treating chronic pain, cancer patients are now more than twice as likely to use medical marijuana than prescription opioids, according to a new survey, writes Calvin Hughes and James McClure.

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