North America

Fri
25
Jan

Young people in liberal states use more cannabis, but have lower rates of dependence

Young people living in liberal states consume more marijuana, but have lower rates of marijuana dependence, according to a new study from Columbia University’s Mailman School of Public Health. Crucially, this finding is true regardless of whether the state legalized medical marijuana, suggesting that the broader political climate affects how people use the drug. It also serves as a reminder that the effects of legalization will look different in different states.

Fri
25
Jan

NexTech and Cannvas bringing augmented reality to cannabis education

NexTech AR Solutions Corp. has signed a deal to bring augmented reality (AR) to cannabis education with Cannvas Medtech Inc.

As per the deal, digital cannabis education and business technology company Cannvas “intends to roll out AR-enhanced learning kiosks into high-traffic retail areas across Canada to improve accessibility to free and physician-backed education focused on the potential benefits of medical and adult-use cannabis.”

Fri
25
Jan

NFL great Joe Montana, ex-Yahoo CEO Bartz invest in California cannabis brand

Joseph "Joe" Montana speaks during an interview in San Francisco, California, U.S. on Tuesday, April 30, 2013. , David Paul Morris/Bloomberg

Joe Montana, the former Hall of Fame quarterback for the San Francisco 49ers, is betting on the newest California gold rush: cannabis.

Montana, who founded a venture fund in 2015, took part in a US$75 million fundraising round for Caliva, one of the top-selling brands of marijuana products in California’s legal market. Former Yahoo! Inc. Chief Executive Officer Carol Bartz also put money into the company and is joining its board of directors, Caliva said in a statement Thursday.

Fri
25
Jan

Diary of a visitor: experiencing the seed-to-sale process, step-by-step

Cannabis is big business, but it is also a step-by-step process. And that process of taking a single seed to growing it into the plant that will land in retail stores or online, is in-depth. All this is fairly new, at least on the commercial level.

“If you were to hire a consultant who grew tomatoes, he would say, ‘This is the plant food we’ve had the best results with, this is the operating temperature and this is the way to grow a great crop of tomatoes,’” says Edwin Jewell, president of PEI-based grower, FIGR.

Fri
25
Jan

Is Aurora Cannabis Inc. (TSX:ACB) or HEXO Inc. (TSX:HEXO) stock attractive right now?

A recovery in marijuana stocks is bringing investors back into the sector, and many are wondering which pot stocks might offer the best opportunities for additional gains today.

Let’s take a look at Aurora Cannabis (TSX:ACB)(NYSE:ACB) and HEXO (TSX:HEXO) to see if one might be an attractive addition to your portfolio.

Fri
25
Jan

How to be an ethical consumer of cannabis

For many consumers in US states where cannabis is legal, consumption of the plant sits squarely in the realm of luxury. In Los Angeles, for example, there are dispensaries where store associates wielding iPads assist customers in finding just the flower, tincture, topical, or edible to strike their fancies or ease their ailments. High-end shoppers have access to beautifully labelled jars and pre-rolled joints of organically grown buds, Sativa extracts in rose gold-tone vaporizers, and sugar-dusted CBD-enhanced gum-drops in Hermès-worthy boxes.

Fri
25
Jan

New consumers are transforming the cannabis industry. So who are they?

In 2018, a Californian made a legal cannabis purchase every 8 seconds. Together, Californians spent around $2.5 billion on legal weed. And even though that spending was down half a billion dollars from 2017, when retailers could only legally sell to medical cardholders, it brought with it a number of important changes to the industry’s consumer demographics. Those changes will undeniably shape the future of the industry. So what are they?

Thu
24
Jan

Top selling edible CEO shares advice on getting into cannabis

Nancy Whiteman is the founder and CEO of Wana Brands, a Colorado based company that produces cannabis infused edibles, and more recently WanaCaps XR, a series of extended released cannabis capsules, writes Lorna Evans. Wana Brands was founded in 2010 and is now a leader in cannabis edibles. Wana’s sour edible gummies not only dominate the Colorado market, but the brand itself is one of the United States' top edible producers. Wana currently supplies markets in Colorado, Nevada, Oregon, and Arizona, and is looking to expand into Florida, Illinois, and Michigan this quarter.

Thu
24
Jan

The most overvalued marijuana stock right now

Last year, the marijuana industry did something it had never done before: It gained legitimacy.

In October, Canada became the first industrialized country and only the second country in the world, besides Uruguay, to legalize recreational weed. Although it's going to take a few years for the industry to ramp up its capacity, the legal cannabis industry in Canada is very much capable of $5 billion or more in added annual sales. Of course, this is just the beginning.

Thu
24
Jan

Canadian cannabis titan Tilray inks $350 million+ deal with authentic brands group

In the wake of full-scale cannabis legalization in Canada and the legalization of hemp-derived CBD in the United States, legal marijuana behemoth Tilray is aggressively making headway into new markets around the world. On Tuesday January 15, 2019, the Canadian marijuana producer announced a multi-million dollar partnership with Authentic Brands Group. Authentic Brands owns a vast portfolio of some of the most famous consumer brands, including Juicy Couture, Nine West, Nautica, Aéropostale, and more, writes Alexander Lekhtman.

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