North America

Thu
07
Mar

The DEA is searching for field test kits to differentiate hemp and marijuana

The Drug Enforcement Agency has requested input from companies who may be able to provide field test kits that can differentiate hemp from marijuana. In a notice posted to the federal business opportunities website, the DEA said it is conducting market research to obtain test kits or instruments that can determine if a sample of cannabis contains more than 0.3 percent THC by dry weight.

Thu
07
Mar

Here's what a cannabis concierge can offer canna-tourists

Cannabis tourism has become huge in states where the substance is now legal for recreational use, writes Calvin Hughes. However, the trend's popularity doesn't necessarily mean it's easy to touch down in a city like Denver or San Fransisco and get right into the local marijuana culture. Since cannabis laws vary from state to state - and even individual cities within a state - figuring out your destination's rules and regs can be daunting.

Thu
07
Mar

Namaste to get a sweet taste of the edibles market with intended $1.5 million acquisition

Namaste Technologies Inc. has entered into a share purchase agreement to acquire 49 percent of the issued and outstanding shares of Calgary-based Choklat Inc. for $1.5 million in cash consideration.

Thu
07
Mar

How would Whole Foods selling marijuana impact the industry?

Could you please point me in the direction of the marijuana aisle, please?

Although it could be some years before we start seeing major retail chains, like Walmart, selling marijuana in the United States, this concept will likely become part of the central vein of big business once the federal government finally ends its ban on the drug. There is even a possibility that some retailers could get in at some basic level before Congress legalizes nationwide, and it looks like Whole Foods Market might be one of the first to jump into the game.

Thu
07
Mar

Simply wanting a cannabis career 'just isn’t enough anymore', industry recruiter says

The cannabis industry in North America is currently experiencing a period of unprecedented growth, writes Brandon Hicks. Last year, Fortune magazine reported a 690 percent rise in job listings between January 2017 and August 2018, and projected an additional 220 percent growth for the industry in 2019.

Thu
07
Mar

The marijuana industry: Everything you need to know

The opening of Canada's recreational, adult-use marijuana market in October 2018 improved the odds that marijuana will become legal in other developed nations. Worldwide, the United Nations estimates that $150 billion is spent on marijuana every year, so legalization represents a massive market opportunity for cannabis growers, processors, and retailers. Are you prepared to profit from pot? Read on to discover whether investing in the marijuana industry is the right move for you.

Thu
07
Mar

3 marijuana stocks that could rapidly increase your TFSA money

Over the past year, marijuana stocks have provided some of the best opportunities for quick gains on the TSX. Although these stocks have been extremely volatile, with steep upswings and downswings, it’s precisely these dramatic swings that provide the best opportunities for quick profits. Top marijuana stocks have beta coefficients as high as 4. With volatility like that, it’s very easily to make–and lose–money.

Make no mistake: any investment that has the power to double your money quickly can also do the exact opposite. At the same time, the recent upswing in marijuana stock prices has been fairly consistent, indicating that perhaps these stocks are beginning to stabilize.

Thu
07
Mar

Canadian marijuana stock in fresh trouble

Just when the marijuana stock seemed to have weathered a negative revenue-growth streak, discouraging news keeps coming out of Namaste Technologies (TSXV:N). The latest news release may make concerned investors decide to completely stay away from the cannabis retailer’s ticker for a longer while.

The company’s press statement of March 5 was loaded with some scary stuff.

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