North America

Fri
16
Aug

Ontario-based start-up is developing a cannabis breathalyzer for U.S. police

A breathalyzer that can detect both alcohol and cannabis has caught the attention of Y Combinator, a California-based start-up accelerator that has previously worked with Reddit, Dropbox and Airbnb.

Fri
16
Aug

1 rock-solid marijuana stock to buy in a recession

Much is made about the marijuana industry's enormous growth prospects, and for good reason; analysts at Stifel predict that annual cannabis sales will grow to $200 billion within the next decade, up from about $12 billion in 2018. 

Yet investors often overlook the defensive nature of some of the best cannabis stocks. And with multiple signs suggesting that the U.S. economy may be at risk of entering a recession in the near future, investors would be wise to consider stocks that typically perform well during periods of market distress.

Fri
16
Aug

Best method for consuming CBD

CBD products are taking the world by storm. Gummy type products and creams have been around for a whole – but so strong has been the growth of the industry (and customer demand) that many companies are now thinking out of the gummy bear and ointment/tincture boxes.

CBD is non-psychoactive and is now making it into a wider variety of products such as those in the beauty arena and even making it into some fast food offerings like the ubiquitous cheeseburger. 

Fri
16
Aug

No, drug-sniffing dogs can’t distinguish between marijuana and hemp

In the rush to legalize hemp production across the country, states didn’t anticipate the effect it’d have on prosecuting marijuana convictions. Texas, Florida, and Ohio have struggled whether they accidentally decriminalized cannabis, as limited technology prohibits their ability to quickly and effectively identify between cannabis and hemp flower.

Fri
16
Aug

Everything you need to know about your endocannabinoid system

If you’re a newcomer to cannabis, terms such as Endocannabinoid System and cannabinoids may be confusing. These are terms that everyone should be familiar with, especially true if you’re looking to expand your knowledge surrounding cannabis or if you’re interested in utilizing cannabis for its medicinal benefits. Let’s take a more in-depth look at these common terms you will encounter when learning more about this miraculous plant known as cannabis.

Fri
16
Aug

The CBD boom is reshaping America’s farmland — but will the high demand last?

As the CBD boom continues, farmers across the country are ditching their former crops in favor of something more chill: hemp.

According to US Department of Agriculture data, the amount of farmland planted with hemp quadrupled in the past year, Quartz reports.

 

How did this all happen so fast?

Two words — decriminalization and demand.

First, the 2018 Farm Bill made hemp farming legal last year, allowing farmers to start producing hemp plants as long as they are less than 0.3% THC by dry weight.

Then, when the first CBD products appeared — mostly in pain-relieving wellness products — they were hugely successful. 

Fri
16
Aug

The future of the hemp economy

Stress can be a huge weight on many of us and having the ability to remove it with newer advancements in CBD can be very beneficial in our lives as a whole. And its use is becoming more and more common and its status in the economy is being felt. More than 1 out of every 4 Americans have tried CBD to relieve pain, stress, and anxiety, and by 2024, the CBD business as a whole is expected to reach $20 billion. The hemp market is extremely varied, showcasing its many uses from personal care to textiles to supplements and even to food – though most commonly, CBD itself, from hemp oil, is used to relieve anxiety and stress, to reduce joint inflammation, and to help with poor sleep patterns.

Fri
16
Aug

Cheers! Cannabis and its derivatives are in water, tea and beer now

Don’t look now, but behind the scenes, food manufacturers from breweries to natural foods brands are trying to get marijuana into your beverage. Or at least something like that.

AriZona Beverages — you know, the company that makes the big cans of tea sold for .99 cents that come in a bunch of flavors and taste great with a deli sandwich — announced on Aug. 6 that it’ll be entering the marijuana market. It’ll be partnering with Colorado’s own Dixie Brands, a seller of edible marijuana products, to distribute cannabis products under the AriZona label in pot shops in six states.

Fri
16
Aug

What the new Medical Marijuana Laws could mean for prescribed pain relief

Marijuana has been a controversial drug for over a century. In the early 1900s, states across America were prohibiting the use of marijuana, and in 1937, President FDR made marijuana illegal with the Marijuana Tax Act of 1937. Since then, the law was repealed and overturned, and replaced with the Controlled Substances Act. Today, however, states are turning back and issuing new medical marijuana laws that allow patients to use marijuana as a form of pain relief. Additionally, eleven states and the District of Columbia fully legalized marijuana, allowing the recreational use of the drug.

Fri
16
Aug

Here's why more THC companies are starting CBD companies

Judging from cannabis sales -- U.S. adult-use and medical-only marijuana sales reaching $8 billion to $10 billion in 2018 while cannabidiol (CBD) sales were upwards of $238 million, according to Marijuana Business Daily estimates -- consumers are extremely interested in both THC and CBD. So are business owners.

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