North America

Thu
31
Jan

One winner of Sunday's Super Bowl: the marijuana industry Cannabis

Come Sunday night, the Super Bowl will have its winner and its loser.

But before the two teams even made it to Atlanta, the country’s annual circus of consumerism and commercialism already had one clear victor: the marijuana industry.

CBS’s refusal to run a cannabis-focused investment firm’s ad advocating for the legalization of medical cannabis marked a coup for an industry whose product is still illegal federally. “The fact that an ad was even considered for the Super Bowl shows that we’ve turned a corner,” Lisa Buffo, the founder of the Cannabis Marketing Association, told the Guardian.

Thu
31
Jan

Clearing the air on cannabis cultivation

As the cannabis sector continues to grow in Canada, so do questions about worker health and safety. One area of particular concern is air quality.

There is a propensity for mould and bacteria to thrive in greenhouses and grow houses. Cannabis typically grows in temperatures between 21 C and 32 C, with relative humidity higher than normal humidity levels, which are 40 percent to 50 percent for health and comfort.

 

“These are good conditions for mould growth,” suggests Janet Deline, media spokesperson for Ontario’s Ministry of Labour in Toronto.

Wed
30
Jan

Where the green is: Cannabis jobs

 

Here's some good news about the labor market: The cannabis industry is creating jobs at a rapid pace, a new study from employment site Glassdoor finds.

 

 

 

Wed
30
Jan

Canopy Growth-backed Slang to debut with $500-million market value

Two cannabis entrepreneurs who sold their first pot company to Canopy Growth Corp. for $430 million (US$324 million) may hit pay dirt again when they take their cannabis brand company public.

Slang Worldwide Inc., co-founded by Peter Miller and Billy Levy, begins trading at $1.50 a share Tuesday on the Canadian Securities Exchange for a market value of about $500 million, according to a company representative. That would be more valuable than Mettrum Health Corp. when Miller and Levy sold it in early 2017 to Canopy, the world’s largest cannabis company.

Wed
30
Jan

U.S. Funds with $100 billion explore loans to Canadian pot firms

Large U.S. funds are exploring lending to Canadian cannabis companies as a way to gain expertise in the burgeoning market ahead of potential U.S. legalization, according to an investment banker who’s been holding weekly calls with the firms.

Funds with $100 billion or more in assets under management are considering issuing loans to mid-tier marijuana producers, said Alfred Avanessy, managing director at Toronto-based brokerage Cormark Securities Inc., which offers cannabis investment banking, advisory and research. At least three other people at other financial services firms have been approached by the funds regarding cannabis lending. All declined to name the potential investors as the talks are preliminary.

Wed
30
Jan

Marijuana can reverse the aging process In humans

Over a year ago, a team of scientists demonstrated that marijuana improves the memory and learning abilities in aging mice. Why does THC, the plant’s psychoactive ingredient, reverse the aging process? Here is a look at the science.

As we age, it can be more difficult to learn and retain information. We accept that as fact. But imagine a world where people regularly regard marijuana as an effective way to reverse symptoms of aging. It sounds just too good to be real. But some scientists from Germany and Israel believe this may be true, in mice at least.

Wed
30
Jan

How to invest in medical marijuana stocks

If you're nervous there could be a crackdown on recreational marijuana companies because marijuana remains illegal in the U.S. at the federal level, then medical marijuana stocks could be a better investment option. Most countries still prohibit recreational marijuana use, but laws allowing medical marijuana use are becoming increasingly common. For example, medical marijuana markets are thriving in Canada and Germany, and in the U.S., 33 states have passed laws supporting medical marijuana.

Medical marijuana may not be as big an opportunity as recreational marijuana, but it could still be worth tens of billions of dollars annually to the top stocks. Here's how investors can profit from marijuana as medicine.

Tue
29
Jan

How marijuana’s THC breaks down the toxic plaques of Alzheimer’s disease

In 1906, scientist Alois Alzheimer was the first to describe the toxic plaques he found in the microscopic spaces between nerve cells in the brain. More than a century later, we know his name because over five million Americans suffer from the disease named for him. It is expected to affect three times that many people within 50 years as a new case is identified every 68 seconds.

Two abnormalities found in the brains of people with Alzheimer’s disease, or AD, are the existence of tangles of misfolded proteins and reduced connections between cells, causing diminished function and cell death. In advanced stages, the brain shrinks in affected areas.

Tue
29
Jan

2 Canadian marijuana firms set to benefit from Israeli export legalization

News that the Israeli government had finally approved the export of cannabis products from the local growers stirred the country’s listed stocks strongly on Sunday, as investors priced in the latest developments and traders took profit. Some Canadian marijuana firms stand to significantly benefit from the opening of one of the oldest pot research markets.

Two of the biggest Canadian beneficiary firms from the latest development in Israel are Cronos Group (TSX:CRON)(NASDAQ:CRON) and Namaste Technologies (TSX:N), and here’s why.

Tue
29
Jan

Is Vaporizing Cannabis Better Than Smoking It?

Vaporizing cannabis, as opposed to smoking it, is associated with greater THC concentrations in blood, according to clinical trial data published in the Journal of Analytical Toxicology.

A team of researchers from John Hopkins University in Maryland and the Research Triangle Institute in North Carolina assessed cannabinoid concentrations in blood and in oral fluid following either marijuana smoking or vaporization.

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