North America

Mon
19
Aug

Engaging the over 55 crowd in your retail cannabis business

According to Scientific American, cannabis use has increased in adults between ages 50 to 64 by over 60% since 2006. More surprisingly, adults over the age of 65, cannabis use has increased by 250%. While it may be surprising to some that your parents may be puffing without you even knowing it, if your marijuana retail operation isn’t working hard to engage the over 55 crowd, you can be seriously missing out on some profit and clients. Here are some ways that your marijuana retail store can engage in some intentional strategies to engage the over 55 crowd and unlock business growth:

Mon
19
Aug

Digipath’s GroSciences Moving Forward with Further Testing for its Patent Pending All-Natural, Plant-Derived Pesticide

BOULDER, CO, August 14, 2019 – Digipath, Inc. (OTCQB: DIGP), a service-oriented independent testing laboratory, data analytics and formulation firm focused on the developing cannabis and hemp markets, is pleased to announce that its GroSciences division has successfully completed preliminary validation testing on its patent pending all-natural, plant-derived pesticide, TERPO+ Broadspectrum. The product could potentially serve an enormous market by protecting cannabis plants against colonization by microorganisms. The testing has also shown that TERPO+ Broadspectrum acts as a treatment for the elimination of microbial bioburden on cannabis and hemp flowers. Microorganisms and microbial bioburden are the largest single factor in cannabis crop loss.

Fri
16
Aug

The 2 best cannabis stocks to buy in August

It seems like July was the month of marijuana management shakeups, with the larger cannabis companies seeing significant losses after firing CEO after CEO.

It’s left many investors shaken within the industry, and it shows. Shares across the board have plummeted, despite some strong earnings results being posted for the first time in quite a long time.

So while I wouldn’t necessarily recommend selling your shares in these companies right now, I wouldn’t recommend buying them up in bulk either. Not quite yet. Instead, there are two other options out there that have quite a promising future. And for a fraction of the cost.

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.

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