North America

Mon
21
Jan

1 cannabis stock with leading consumer brands to watch in 2019

For better or for worse, Scotts Miracle-Gro (NYSE:SMG) has been labeled as a marijuana stock. That association worked out for the better leading up to fiscal 2018. The company's Hawthorne segment, which sells hydroponics, lighting, and other equipment used to cultivate cannabis, was growing revenue and operating income at a triple-digit clip each year. Wall Street took notice and handed the company a healthy premium.

Mon
21
Jan

A growing number of people are trading their pain meds for weed, study finds

As more states legalize marijuana, a new study shows that many patients are choosing medical cannabis to supplement or even replace pharmaceutical drugs.

The study comes from the University of Michigan Institute for Social Research, which surveyed 450 adults who identified as current cannabis users. Among those surveyed, 78 percent said they used cannabis to treat a medical or health condition.

Mon
21
Jan

How cannabis legalization became so popular amid regressive global politics

In just a few years, cannabis legalization has taken the world by storm. Long-time activists, advocates and enthusiasts are seeing their decades-long dream come to life, as today's daily victories shape tomorrow's global cannabis scene, write
Javier Hasse and Natan Ponieman.

Mon
21
Jan

Calculated risks and strategic game plans make PR in cannabis a creative challenge

 

 

When it comes to marketing and promotion in the cannabis industry, there’s a clear “before” and “after”. Before regulations were set in stone on Oct. 17, the trend veered towards being bold and brave; after legalization, companies are often seen toeing the line.

 

 

 

Mon
21
Jan

Liht Cannabis Corp. secures exclusive Canadian rights to proprietary technologies for US$1.56 million

Liht Cannabis Corp. reports its wholly owned subsidiary, Full Spectrum Medicinals, has completed securing the exclusive rights to the S5 Agro Technology Suite proprietary technology for use in the company’s Canadian cultivation facilities.

The purchase price for the technology is approximately US$1.56 million in cash, with instalment payments due over the next eight months, notes a statement from Liht Cannabis, a publicly traded company that has been investing in the medical and recreational cannabis space since 2014.

Mon
21
Jan

Marijuana edibles and infused beverages should go on sale in Canada by October

The marijuana industry blossomed before our eyes in 2018, with the cannabis movement taking steps toward legitimacy like never before.

Fri
18
Jan

Retail marijuana is becoming big business

MedMen (NASDAQOTH:MMNFF) unveiled preliminary fiscal second-quarter results on Jan. 17 showing that California's retail marijuana market is accelerating. The company's soaring sales show that marijuana retailers are poised for significant growth, but this company's still got a lot of work to do before it's likely to reward shareholders with earnings instead of losses.

 

 

Fri
18
Jan

8 things everyone gets wrong about marijuana’s CBD

It doesn’t get you high, but it’s causing quite a buzz among medical scientists and patients. The past year has seen a surge of interest in marijuana’s CBD, a non-intoxicating cannabis compound with significant therapeutic properties. Numerous commercial start-ups and internet retailers have jumped on the CBD bandwagon, touting CBD derived from industrial hemp as the next big thing, a miracle oil that can shrink tumors, quell seizures, and ease chronic pain — without making people feel “stoned.” But along with a growing awareness of cannabidiol as a potential health aid there has been a proliferation of misconceptions about CBD.

Fri
18
Jan

Slow start to recreational cannabis sales not a concern, GMP says

Health Canada has released market data on cannabis sales for November, the first full month of the legal market. The numbers suggest a run rate of about 5,400 kg monthly or 65 tonnes annually, which is lower than expected, says analyst Martin Landry of GMP Securities, but potentially reflective of a sluggish start to the industry.

As part of the system to prevent legal cannabis from being diverted into the illegal market, the federal government operates a Cannabis Tracking System with a mid-month deadline for license holders and provincial bodies to submit their monthly reports.

Fri
18
Jan

The endocannabinoid system: Here’s how it keeps the body healthy and happy

In order to consume medical cannabis in a responsible and efficient manner, a person should completely understand what exactly goes on in the body upon introducing it the active molecules from the cannabis plant. The way these cannabis-derived compounds interact with our organism is astonishing.

The endocannabinoid system consists of cellular receptors found in very large amounts throughout the body, and the endocannabinoids—the body’s internal chemical compounds that entice these endocannabinoid receptors.

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