North America

Thu
09
Apr

As cannabis bankruptcies accelerate during pandemic, lawyer says survivors will thrive long term

The cannabis companies that survive 2020 will be hardened, battled tested and able to thrive for years to come.

But make no mistake, the pandemic-related market collapse is shortening the runway for debt-riddled weed firms and the number of bankruptcies will start increasing in the coming months.

That’s according to Ranjeev Dhillon, partner at McCarthy Tetrault and co-leader of their cannabis division, who handles mergers, acquisitions and bankruptcies for some Canada’s largest weed companies.

Thu
09
Apr

Pot use reached all-time high in March amid lockdown measures: Cowen

Cannabis use hit an all-time high in March as lockdown measures spread across the U.S., giving people more free time with less to do.

A March survey of 2,500 consumers by Cowen & Co. found that 33 per cent had tried cannabis at some point in their lives, a record high. For the past month, 12.8 per cent of respondents said they’d used pot, above the 12.5 per cent average in 2019.

Sales spiked in mid-March as people rushed to stock up ahead of potential dispensary closures, Cowen said, using data from cannabis analytics firm Headset Inc. Weekly sales growth peaked at 64 per cent in the week ended March 16, the highest rate of increase since at least the beginning of 2019.

Thu
09
Apr

3 Cannabis Infused Beverage Brands You Can Actually Buy

Read entire article at Technical 420.

During the last year, the global cannabis industry has recorded a number of advancements as existing markets matured and as new markets have opened up. The transformation has created a number of attractive growth opportunities for businesses that are focused on the cannabis industry and this is a trend that our readers need to be aware of.

Thu
09
Apr

Here’s what you should know about CBD and heart health

CBD studies have demonstrated positive evidence when it comes to treating and preventing a range of illnesses, including degenerative diseases, cancer and metabolic disorders. But what about preventing heart disease and promoting heart health?

Wed
08
Apr

Will These Pot Stocks Make It Through 2020?

The cannabis industry has seen quite a lot of ups and downs in the past two months. Prior to the coronavirus, we saw a lot of internal issues within the marijuana market. Much of this was in the process of being dealt with, but the coronavirus has put a lot of market growth on hold. In the past two weeks alone, we have witnessed some of the largest pot stocks in the industry, lose billions in market value. This is simply the result of short term volatility and trading off of fear. The coronavirus has illustrated a lot about where the future of the cannabis market could go.

Wed
08
Apr

Impact of Marijuana on College Academic Achievement

If you are a student, you might have the idea that there is a strong relationship between marijuana and learning. In fact, the trend of using marijuana has become common among college, high school and university students. It is to be noticed that some of them use it for recreational purposes, and there are many students who depend on it for their survival meaning they become an addict and claim that they cannot live without using marijuana or cannabis. In such a situation, the product does not benefit them and instead starts ruining their health and the entire life.  If you want to know how marijuana or cannabis can impact college or academic life, this is the right kind of post for you.

Memory

Wed
08
Apr

5 Positive Trends For the Cannabis Industry

As a venture capital investor, I'll confess we’ve seen our fair share of unexpected triggers that cause a company to turn into a sales rocket ship. But the past few weeks have been unprecedented. In a bizarre turn of events across the country, as lockdowns and uncertainty spread alongside COVID-19, as businesses shuttered and stock markets panicked, one industry is booming—cannabis. 

Tue
07
Apr

What Can You Expect from Marijuana Stocks in April?

Marijuana stocks were on a rollercoaster ride in March. After struggling in 2019, the marijuana sector didn’t start 2020 on a good note either. The Horizons Marijuana Life Sciences ETF (TSE:HMMJ) tracks the North American cannabis industry. HMMJ fell by 18.8% in March. Overall, the month didn’t start off well for the cannabis sector even before the coronavirus pandemic hit. Surprisingly, while COVID-19 has impacted other sectors, it has helped the cannabis sector. The demand for cannabis increased and sales rose. Cannabis stocks’ performance also improved. Let’s take a look at how cannabis stocks performed in March.

Tue
07
Apr

Edibles Are A Better Option Than Smoking Marijuana During Pandemic

The coronavirus should make us all think twice before smoking, whether it’s tobacco or weed. Luckily for everyone, edibles can be easily purchased or made at home.

COVID-19 is a respiratory illness, one that’s transmitted when in close contact with infected people. Now that most of us are spending our time in self-quarantine, how can we protect ourselves aside from constant and annoying hand-washing?

One thing most experts agree on is that smoking is not a good idea at the moment, even if what you’re smoking is marijuana. The better your lungs are, the more likely it is for you to prevent complications should you come in contact with COVID-19. This also applies to people who vape.

Tue
07
Apr

4 Essential Ways To Manage Your Cannabis Business During The COVID-19 Crisis

Without a doubt, this is a scary time for the entire world. We’re in the middle of a generation-defining pandemic that has shut down our global society and crashed financial markets like never no one has ever experienced before. As a mom without childcare and the volunteer board chair of our local district hospital, I’m running on overdrive to ensure the health and safety of my family and my community.

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