North America

Thu
16
May

Most health professionals supportive of the use of medical cannabis in clinical practice per study

The majority of health professionals — including doctors, nurses, and pharmacists — express support the use of medical cannabis in clinical practice, according to a systematic review of the relevant literature published in the journal PLOS One.

An international team of investigators reviewed over 100 studies assessing health professionals’ opinions with regard to medical cannabis.

Thu
16
May

The State of cannabis extracts

I’ll never forget the first time I tried shatter, back in 2008. As the mind-shatteringly potent high took hold, I felt certain we had reached the final destination of cannabis. Here was the ultimate expression of the plant that consumers had been relishing for years. Shatter was the holy grail, it seemed. For cannabis, there was nowhere else to go. I was wrong. 

Thu
16
May

Highly potent weed has swept the market, raising concerns about health risks

As more states legalize marijuana, more people in the U.S. are buying and using weed — and the kind of weed they can buy has become much stronger.

That concerns scientists who study marijuana and its effects on the body, as well as emergency room doctors who say they're starting to see more patients who come into the ER with weed-associated issues.

Thu
16
May

What’s the real link between pot dispensaries and crime rates?

For years, opponents of marijuana legalization have voiced the same arguments whenever the subject of dispensaries comes up: having legal cannabis vendors, they say, promotes the spread of crime, brings property values down in the neighborhood and encourages teenage marijuana use. And even though the push for marijuana legalization has gained widespread national support, these arguments against dispensaries have held sway.

Thu
16
May

How New Frontier Data brings analytics to cannabis

How one woman’s vision is bringing data-driven solutions to a global market.

The legal cannabis industry is rapidly expanding across the U.S. In fact, it generated more than $8 billion in 2017 and is expected to surpass $23 billion by 2025, according to a 2018 industry report. This is critical information for investors, operators, and policymakers involved in the sector. Further, it’s information that is only available thanks to the rigorous studies conducted and compiled by New Frontier Data (NFD), an independent, technology-driven analytics company.

Thu
16
May

Aurora Cannabis sold 9 tons of marijuana last quarter

Aurora Cannabis sold a ton of weed last quarter. Nine metric tons, in fact.

Like the other Canadian pot producers reporting earnings Tuesday, Aurora increased sales strongly in its March quarter. Investors had worried that the recreational marijuana market was off to a slow start in Canada, but on Tuesday evening the Edmonton, Alberta-based Aurora Cannabis reported that its net revenue grew 20% from the December period, to reach 65 million Canadian dollars (or US$48.5 million) for the March period. Aurora’s recreational sales grew 37% sequentially.

Thu
16
May

Big box retailers are eyeing CBD from afar

Following in Walmart’s footsteps, multiple large chain stores are prepping for the inevitable day that CBD products will be filling their shelves.

A few weeks ago, Walmart signed a deal with New Age Beverages and, love them or hate them, Walmart has always been good at staying ahead of the trends. Now, other big box retailers are taking heed and working on securing their own contracts for CBD products. Some of these companies include Target, Kroger, and Safeway.

Thu
16
May

Many cannabis companies underperformed in the last quarter

Many cannabis companies have reported smaller sales than expected, and the market is trading down in the light of several mishaps this week.

Cannabis companies in Canada have released their quarterly financial reports, and by the looks of it – things are not going great for some of them.

The stocks of many cannabis companies have been going down this week. Some industry insiders are attributing this to the general downturn of the market affected by the trade war between the U.S. and China.

Industry experts have also pointed out that the supply problems are constantly obstructing the growth of the cannabis market.

Thu
16
May

Aurora doesn’t expect much appetite for cannabis-infused beverages

Aurora Cannabis Inc. (ACB.TO) isn’t planning to invest heavily in cannabis-infused beverages amid concerns about demand for the product, company executives said on Wednesday.

During a conference call with analysts, the Canadian cannabis producer’s executives downplayed the company’s efforts in investing in the pot drinks space as they anticipate “low market share” when the sale of such products becomes legal in Canada later this year.

Thu
16
May

Industrial hemp seeds on board the international space station

Hemp seeds found their way safely aboard the International Space Station last week. But is this the first time cannabis has been in space?

Back in October last year we reported on a mission to send industrial hemp to the ISS for research purposes.

Seeds from Kentucky-grown hemp arrived at the station last Monday local time, carried by SpaceX 17 that launched out of Cape Canaveral early the day before.

The companies behind the venture are Space Tango, Atalo Holdings and Anavii Market. According to the latter, the seeds will stay aboard the ship, housed in a “Space Tango Cube”* and will be returned to Earth in around a month’s time.

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