North America

Wed
16
Jan

Canopy Growth to build first U.S. hemp production facility in New York

Canopy Growth Corp. will spend as much as US$150 million to build its first production facility in the U.S. after the Canadian cannabis company was granted a hemp license by New York state.

The U.S. farm bill legalized hemp and hemp-derived cannabidiol last month, creating a rush among Canadian pot firms that were previously unable to enter the U.S. market. Canopy said Monday it’s been granted a license by New York to process and produce hemp and plans to establish a hemp industrial park in the state focused on extraction and product manufacturing.

“I applaud the political leadership at the federal and state level that has allowed today’s announcement to become reality,” Canopy Chief Executive Officer Bruce Linton said in a statement.

Wed
16
Jan

Will this unique marijuana stock raise its dividend in 2019?

Marijuana stocks have taken the investing world by storm, and after a rough year in 2018, many cannabis-related companies have gotten out to a roaring start in 2019.

Tue
15
Jan

UConn’s new cannabis course brings scientific rigor to the art of growing

Beginning next week, students at the University of Connecticut have the chance to take a pioneering new course in cannabis horticulture. The course, titled “Horticulture of Cannabis: from Seed to Harvest,” aims to train students in all aspects of the cannabis cultivation process.

Importantly, this course represents progress on multiple fronts. For starters, it is part of an increasing focus on bringing scientifically-proven and evidence-backed processes to the world of cannabis cultivation. Additionally, the course is part of a growing trend in which colleges and universities are beginning to train students to enter the legal cannabis industry.

Tue
15
Jan

Opinion: Big is bad for pot stocks in 2019

The marijuana industry delivered a year for the ages in 2018. Although marijuana investors found themselves on the outside looking in, with most pot stocks ending the year down, the cannabis industry gained validity like never before.

Tue
15
Jan

Was Aurora Cannabis smart to buy MedReleaf?

Marijuana stocks have started out 2019 on a positive note, and investors who see the promise of the cannabis industry are looking for the best way to invest in the space.

Tue
15
Jan

Cannabis employees now outnumber pilots and librarians in America

If there's any marker that the cannabis industry isn't slowing down, it's just how many people are now working in it, writes Calvin Hughes.

Fri
21
Dec

Getting a handle on cannabis potency labeling

Cannabis consumers who are receiving their cannabis orders from a provincial retail outlet, such as the Ontario Cannabis Store, may find listed on the label “Total THC” as a percentage, likely a foreign concept for most.

Total THC often refers to the total potential amount of tetrahydrocannabinol, or THC—the chemical responsible for most of marijuana’s psychological effects—in the cannabis after it has been heated.

Tue
30
Oct

New Frontier Data launches first International Cannabis Alliance to address cannabis industry risk, opportunities and best practices worldwide

New Frontier Data, the authority in data, analytics and business intelligence in the global cannabis industry, in conjunction with CannaTech and leading companies representing the key building sectors of any legal cannabis market, announces the creation of the InterCannAlliance (ICA).

The ICA has been established to educate and inform future regional market and thought leaders interested in the cannabis industry, fostering responsible, transparent and effective market practices learned across more mature North American cannabis sectors.

Fri
26
Oct

Could Mexico follow Canada in legalizing recreational marijuana?

The country is studying the 'Uruguay model,' too.

When Canada moved to end marijuana prohibition nationwide, there was a belief the move would inspire more nations to step up and possibly implement similar reforms. The cannabis advocacy community had hoped that the United States would be the first to use the modification in drug policy as an excuse to usher in higher times across the Land of the Free.

However, Mexico is reportedly eyeballing the cannabis laws in Canada as a means for controlling the cartel violence that has, for the past several decades, turned the country into a gory scene that rivals any horror film.

Mon
08
Oct

Global cannabis value expected to keep growing as North America dominates the market

According to data compiled by Genesis Market Insights, the global marijuana market was valued at USD 17.18 Billion in 2017 and is projected to reach USD 58.90 Billion during the forecast period of 2018 to 2023.

The main driver for the market is the widespread legalization of recreational and medical cannabis. The medical segment is used to treat conditions ranging from Alzheimer's to chronic pain, while the recreational market has been booming due to the recent surge in CBD-infused products.

Currently, the North American region holds the largest market shares for the industry and is also projected to be the fastest growing market. The U.S. and Canada control the majority of the global cannabis market, but unlike Canada, the U.S. has not legalized cannabis nationwide.

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