North America

Wed
17
Apr

Celebrities left and right are starting their own cannabis businesses

The industry of cannabis is poised to be dominated by celebrities and their peers, not just through endorsing businesses, but also by starting their own projects.

The cannabis industry has created hundreds and thousands of new jobs for the weakened American economy.

However, it would seem that the top positions are mostly reserved for those in the inner circle of those planning the future of cannabis in America.

According to Marijuana Businesses Daily, about 125,000 jobs are supported by the booming cannabis industry in the US.

Wed
17
Apr

Activists want to dedicate April 21 to cannabis justice

The 420 holiday has long been a day of celebration of cannabis culture. But a group of activists has launched an effort to the make the day after into one for grappling with the challenge of creating an equitable, inclusive and diverse cannabis industry.

A day after revelers around the world mark 420, a still spirited — but more sober — summit of cannabis enthusiasts will this year declare their dedication to the fight for a just and equitable legalization of the plant.

Wed
17
Apr

50 shades of green: Marijuana and renewables will dominate the TSX Index

From Big Oil to the Big Six, the familiar landscape of the TSX index has been dominated by the classic mix of bankers, drillers, railways and miners. But things are changing, with a new generation of investors espousing different outlooks and trading strategies, and the future is likely to be green: from legal weed to renewables, the future of the biggest stock market in Canada is likely to look very different in years to come.

Wed
17
Apr

Marijuana stocks improve during the second week of April

The month of April got off to quite a rocky start for the marijuana stock market. During the past week or two, we have seen values shoot back up on their way to reaching future goals for the coming years. Several companies have continued to highlight their potential in the market by offering new and innovative products, as well as varying business models that could see more success than others. While the market does remain quite volatile, it seems as though we are seeing things slow down to more stable levels.

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.

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