North America

Wed
17
Apr

Weedcraft's rough reception proves that the video game industry is 'still afraid of weed'

Despite growing approval for cannabis legalization among the public as well as lawmakers in America, the video game industry remains leery of cannabis culture. That cautious stance can be summed up in the treatment of 'Weedcraft, Inc.' - a new tycoon game, developed by Vile Monarch, that puts players at the head of a burgeoning marijuana business, write Calvin Hughes and James McClure.

Wed
17
Apr

The largest US marijuana dispensary just got even bigger

All eyes are on the Canadian marijuana industry -- and for good reason. Last year, it became the first industrialized country in the world to legalize recreational cannabis. Once the industry is fully up and running, it should be capable of up to $6 billion in annual sales by 2022, according to various Wall Street estimates.

But even with the U.S. federal government maintaining a strict Schedule I classification on pot, the U.S. marijuana market is no pushover. It, too, is budding before our eyes and is fully capable of leaving the Canadian pot market eating its dust if state-level legalizations continue. Today, 33 U.S. states have given the green light to medical marijuana, with 10 also allowing recreational consumption.

Wed
17
Apr

New research indicates cannabis consumption may motivate one to exercise

New research from the University of Colorado indicates that cannabis may increase the enjoyment of physical activity and help motivate users to exercise. A summary of the research was released recently and the full results of the study will be published soon by the medical journal Frontiers in Public Health.

Wed
17
Apr

2 hot marijuana stocks to watch this week

Faith in marijuana stocks is starting to dissipate at the start of the week after a number of headwinds from last week have continued to leach into investors’ minds and force them to question the longer-term strength of the marijuana space more broadly. The two pot stocks we’re watching this week are Aphria (NYSE:APHA) and Tilray (NASDAQ:TLRY).

Last week, one of Cowen & Co.’s top marijuana market analysts, Vivien Azer, cited potential headwinds that could bear down on cannabis producers.

Wed
17
Apr

5 of the biggest cannabis influencers

Advertising in the cannabis industry is difficult. In most U.S. states where cannabis is legal, rules regarding cannabis advertising are complicated and extremely restrictive. For example, in California, businesses can only run ads in areas where “71.6 percent of the audience is reasonably expected to be 21 years of age or older.” The advertising landscape online is even far less forgiving. Most online ads platforms, such as Google Ads or Facebook Ads, explicitly prohibit the advertisement of cannabis products.

In the absence of reasonable advertising regulations for the cannabis industry, many business owners have turned to a new and rapidly growing form of advertisement: Social Media Influencers.

Wed
17
Apr

New study suggests cannabis may be used to treat Rheumatoid Arthritis

Cannabis may be an effective treatment for rheumatoid arthritis, according to a new study published in the journal Current Opinion in Rheumatology. Researchers, who noted that “an increasing number of patients with rheumatoid arthritis (RA) are using cannabis to treat their symptoms,” wrote that “cannabinoids could be a suitable treatment for RA” and called for further study into the anti-inflammatory properties of CBD.

Tue
16
Apr

Canada: Cannabis companies say they are growing enough pot, they just can’t deliver it

One pesky stamp has become the symbol of a continuing problem in Canada: Pot producers struggling to get enough cannabis to market, at least in the ways that buyers want it.

Tue
16
Apr

New study says teens are less impacted by short-term side effects of cannabis, and that's a huge problem

Teens may have a higher natural tolerance for cannabis than adults, which might make them more at risk to develop problematic use patterns, according to a new study, writes Calvin Hughes.

Researchers from the University College of London (UCL) have found that teens aged 16 to 17 felt fewer of the negative effects of cannabis consumption than adults aged 24 to 28. Older cannabis consumers are likelier to be less alert and to experience side effects like anxiety and memory impairment after smoking marijuana than younger folks who used the drug.

Tue
16
Apr

Mainstream retailers embrace CBD despite murky status

Mainstream retailers are leaping into the world of products like skin creams and oils that tout such benefits as reducing anxiety and helping you sleep.

The key ingredient? CBD, or cannabidiol, a compound derived from hemp and marijuana that doesn’t cause a high.

Retailers are taking advantage of the booming industry even as its legal status and health benefits remain murky. And the flood of products is only testing how federal regulators can police it.

Retail sales of CBD consumer products in 2018 were estimated to reach as much as $2 billion, according to Cowen & Co. By 2025, that figure could hit $16 billion in retail sales, the investment firm predicts.

Tue
16
Apr

Cannabis culture meets home decor

As legalization moves cannabis into the mainstream, the same décor magazines and websites that currently offer pretty ways to store and serve alcohol — bar carts, cut-crystal glasses, vintage cocktail shakers — are likely to start adding home accessories for using the herb.

The shift has even been recognized by one of Canada’s pre-eminent arbiters of style, House and Home publisher Lynda Reeves, who suggested at a December 2018 “trends breakfast” that there will be more and more design-driven cannabis accessories available for the home.

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