North America

Tue
16
Jul

The environmental cost of smoking pot

As cannabis users consume the drug in different forms across the country, the effect on the environment remains unclear. Canada legalized recreational marijuana Oct. 17, 2018. Almost immediately, operations started up across the nation.

Mon
15
Jul

Leading cannabis brand Bhang Corporation goes public

Florida-based cannabis company Bhang went public on Thursday, with shares in the company beginning trading on the Canadian Stock Exchange. Shares in the company are listed under the ticker symbol BHNG and were up more than 70 percent in Friday morning trading.

Bhang currently owns a family of eight active brands with more than 100 cannabis and hemp products including cannabis edibles, beverages, oral sprays, pre-rolls, terpenes, and hemp-derived CBD consumer goods. The brand’s products are manufactured, sold, and distributed by the company directly and through licensing agreements with partners in jurisdictions with legal cannabis.

Mon
15
Jul

The 3 most profitable marijuana stocks you can buy right now

In 2019, the vast majority of licensed cannabis producers have been losing money at a time investors were expecting the profits to start rolling in. Among those with at least $20 million in annual sales, all but a handful reported losses in the most recent quarter. 

The Public Cannabis Company Revenue Tracker at New Cannabis Ventures currently lists just seven companies in North America with operations that squeaked out a profit during their most recent quarter. Here's how the top three performers have been able to make money while their peers report accelerating losses. 

Mon
15
Jul

7 cannabis startups that are changing the business with technology

From cannabis-infused gin to ice cream, the legalization of marijuana in various parts of the world is opening up an entirely new industry. Whatever your views on this recreational drug, there can be no doubt that many companies will spring up and capitalize on this new potentially lucrative opportunity.

Mon
15
Jul

Women leading way as hemp revival sweeps North Carolina

It’s easy to get swept away in the magic of a hemp farm where dragonflies float and goats bleat on verdant hills. Franny’s Farm is a place where practical magic and science meet.

Owned and operated by Franny Tacy and her husband and CEO Jeff Tacy, Franny’s is an active hemp farm in Leicester, and one of the grower sites for North Carolina State University’s Industrial Hemp Pilot Research Program. The program’s aim is to shoulder the burden of trial and error for farmers who want to dig into a swiftly growing industry.

Franny Tacy was a pharmaceutical industry executive for a decade, and also holds a forestry degree from Northern Arizona University in Flagstaff and a master’s in education from Tennessee State University.

Mon
15
Jul

Cannabis concentrates are a multi-billion dollar powerhouse

If there is one thing we have learned by watching the development of the cannabis industry over the past few years, it’s this: The consumers may talk a big game with respect to using cannabis in pursuit of health and wellness, but deep down inside the majority of them just want to get reeeeaaallly freaking high.

Mon
15
Jul

CannTrust breach will damage legal pot market

Investors made it clear last week that they no longer trust CannTrust Holdings Inc. (TRST.TO 3.89%) The company’s regulatory breach may further erode consumers’ trust in the legal cannabis market as well.

The company’s stock plunged 48 per cent over the five trading days since regulators found it grew pot in unlicensed rooms and provided “false and misleading” information to inspectors, erasing $228 million in market value. CannTrust halted all sales and shipments of its products, and the Canadian government may suspend or even cancel its license in response.

Mon
15
Jul

CBD may take up the majority of cannabis industry sales if current trends continue

According to a recent Headset market report, “Understanding the CBD market in state-legal cannabis”, CBD could potentially take up the majority of sales among non-inhalable products in legal cannabis states. If current trends continue, CBD products could even potentially become the majority of sales among the cannabis industry at large.

Mon
15
Jul

Psychedelic Research — A Scientific Renaissance with Promising Results

We live in a time that many refer to as a psychedelic renaissance, because scientists around the globe are rediscovering the psychedelic substances’ immense potential to heal.

This is the second time that the scientific world has shown interest in psychedelics, but unlike the somewhat questionable research methods of Timothy Leary and his contemporaries during the ’60s, the modern research is done by the book.

I find this newfound scientific interest to be a truly joyous event, because I’ve also experienced the benefits of these compounds first-hand.

What is psychedelic research?

This type of research studies the therapeutic use of psychedelic substances under supervised and guided conditions.

Mon
15
Jul

Study: History of marijuana use associated with lower risk of liver disease

Subjects with a history of cannabis use are less likely than abstainers to develop non-alcoholic fatty liver disease (NAFLD), according to longitudinal data published in the journal Progress in Neuro-Psychopharmacology and Biological Psychiatry.

A team of Spanish investigators assessed the relationship between cannabis use and liver steatosis over a three-year period. They determined that those subjects “who reported continuing cannabis use were at lower risk for developing NAFLD.”

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