Tag: cannabis industry
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Global marijuana use rose by 60 percent over the past decade
Wednesday, 26 June 2019The global story about cannabis — the most-used recreational drug in the world — is about as fuzzy as your body feels after taking your first hit. While some places, such as states in the US, have le ...
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Want to grow your own cannabis? Get ready to fight ‘Big Marijuana’
Wednesday, 19 June 2019Illinois is about to make history as the first state to legalize recreational cannabis and allow commercial sales through the state legislature instead of via a voter initiative. But this historic pi ...
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Global marijuana trade is still five to seven years off, but Canada aims to be world's cannabis king
Monday, 17 June 2019Cam Battley believes that in the not-too-distant future, his company — one of Canada’s largest licensed producers — will be exporting a “significant chunk” of the cannabis it is growing domestically. ...
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The world’s largest pot farms, and how Santa Barbara opened the door
Saturday, 15 June 2019In a sandy draw of the Santa Rita Hills, a cannabis company is planning to erect hoop greenhouses over 147 acres — the size of 130 football fields — to create the largest legal marijuana grow on Eart ...
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In the land with a rich history of growing weed, cannabis capitalism is an uneasy fit
Wednesday, 05 June 2019There’s a hint of disappointment in Courtney Betty’s voice when he talks about the present state of Jamaica’s legal medicinal cannabis regime. “I don’t think some of the companies coming in to do bus ...
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Colombia has 100-plus licensed cannabis firms, but only a handful have registered cultivars
Friday, 31 May 2019Interest in Colombia’s medical marijuana market is booming, but out of over 100 licensed cannabis companies operating in the country few have finished registering their first cultivars, a prerequisit ...
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Asia emerging as new frontier for Canadian cannabis players
Thursday, 30 May 2019As cannabis companies eye expansion in European and South American markets, Asia is poised to be a new frontier for some major Canadian pot players. Despite being the world’s most populous continent, ...
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Israel is banking on cannabis as its next big industry
Wednesday, 29 May 2019Israel sees legal production of medicine based on cannabis as its next big industry, hoping to tap into a global market that research organizations estimate at $17 billion a year and growing. There a ...
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Israel's BOL Pharma aims for top of the world's medical marijuana industry
Monday, 27 May 2019It started 85 years ago as a farm on Moshav Ein Iron growing peaches and avocados, but if the plans of the Israeli company Breath of Life come to fruition, it could become a major player in the world ...
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The green rush: should you invest in cannabis?
Saturday, 25 May 2019How big is the legal cannabis industry? Every time I think I’ve seen the highest estimate along comes another breathless puff piece with an even bigger number to chew on. $50 billion? Not even close. ...
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'Price-conscious' pot consumers find backyard planting way cheaper
Wednesday, 22 May 2019The federal Cannabis Act specifies that each household can cultivate up to four plants — either indoors or out. Manitoba and Quebec have opted to prohibit homegrown cannabis, but there's already evid ...
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Expert says new laws stifling legal ganja industry
Wednesday, 22 May 2019Ganja growers and producers say regulations to the updated Dangerous Drugs Act (2015) are too stringent and pose a major impediment to those who represent the backbone of the industry, and, by extens ...
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High finance: Mr Nice 'cannabis lifestyle' shop opens in London
Thursday, 16 May 2019Howard Marks made his name in the illicit drugs trade but the late drugs baron is making a posthumous comeback to cash in on a booming legal trade in cannabis-related products. Borrowing his most fam ...
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Battle brewing
Monday, 13 May 2019The Ganja Growers Producers Association Jamaica (GGPAJ) says it is strongly opposed to the Government's embrace of hemp cultivation and has made a number of demands designed to protect the local cann ...
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High expectations for ganja in St Kitts, Dominica and Antigua
Friday, 10 May 2019American businessman, Chase Ergen and Greek billionaire, Alki David, have formed a consortium aimed at developing the cannabis business in the Eastern Caribbean nations. The duo has disclosed plans t ...
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Through all the smoke, the cannabis industry needs to develop a bigger vision
Friday, 10 May 2019The cannabis industry can build a better and regenerative culture, rather than falling into the same old tired and destructive human and corporate patterns of extractive companies. We can create a di ...
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Cannabis can be grown outdoors for pennies on the dollar. So why is hardly anyone doing it?
Thursday, 09 May 2019Cannabis companies have spent the early days of the legal recreational cannabis era building massive growing facilities, but the chief executive of 48North Cannabis Corp. has been focusing on a plot ...
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China cashes in on the cannabis boom
Monday, 06 May 2019China has made your iPhone, your Nikes. Now, it wants to grow your cannabis. Two of China’s 34 regions are quietly leading a boom in cultivating cannabis to produce cannabidiol, or CBD, the nonintoxi ...
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Jamaicans are worried foreigners will take over the ganja market
Saturday, 04 May 2019Since 2015, Jamaica has become the site of a ganja gold rush, as foreign investors pump in money and set up shop on the island. Smaller local farmers, many of whom were being harassed and punished fo ...
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Paulwell joins lobby to get banking services for cannabis industry
Friday, 03 May 2019The Bank of Jamaica (BOJ) is again being pressed about its role in charting the way forward to enable the legal cannabis industry to access financial services and become a part of the formal economy. ...
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Cannabis co-operatives: Can working together preserve small players?
Wednesday, 01 May 2019Hezekiah Allen believes in small family farms, though he’s biased — he grew up on one. Born in an off-the-grid community of rural Humboldt County, Allen was raised surrounded by a culture of craft ca ...
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Sunny Portugal: A gateway to Europe's medical pot market
Wednesday, 24 April 2019Famous for its roasted suckling pig and wines, the Portuguese city of Cantanhede now hosts the country's first medical cannabis production farm - a budding European hub of efforts to meet growing dem ...
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Germany to launch cannabis farming as Canada's Aurora, Aphria win tenders
Thursday, 18 April 2019Germany has awarded contracts to supply domestically-grown cannabis to two Canadian companies, as it seeks to develop its own medicinal marijuana industry and reduce reliance on imports. Drugs regula ...
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4/21 organizers want to reclaim cannabis from corporations
Thursday, 18 April 2019On 4/20, cannabis consumers across the United States will light one up in celebration of cannabis culture. In 10 states and counting, that celebration is perfectly legal. But as the annual ritual tra ...
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The cannabis ‘gold rush’ is underway and shows no sign of stopping, says pot CEO
Thursday, 18 April 2019With 33 states now offering some form of legal medical or recreational marijuana, and pot companies expanding their footprints across the country, the cannabis “gold rush” is underway — and it won’t ...
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Canada's legal weed struggles to light up as smokers stick to black market
Wednesday, 17 April 2019When Melissa, a resident of Halifax, Nova Scotia, went to one of Canada’s first government cannabis stores, she wasn’t impressed. “You can’t look at what they have. You can’t smell the product,” she ...
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Jamaica’s cannabis gamble
Wednesday, 17 April 2019Jamaica is starting to think of cannabis as an opportunity. Uruguay, Canada and ten American states have legalised it for recreational use. Ganja, as Jamaicans call it, is a “growth-oriented industry ...
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Boheco: This cannabis startup is weeding out the high notes for a hemp economy
Tuesday, 16 April 2019Bombay Hemp Company (BOHECO), is a first mover in the industrial hemp and medicinal cannabis’ space in India. Boheco slowly started making inroads in a space that had not been spoken about as openly ...
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Global cannabis investors souring on Canada's potential
Tuesday, 16 April 2019Six months after cannabis was legalized in Canada, many of the people in search of a financial windfall appear ready to turn their attention elsewhere. “We’re very bullish on the globe, on the U.S. - ...
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Cannabis banking prospects improve; scepticism and stigma remain
Wednesday, 10 April 2019The nascent medical cannabis business in Jamaica is challenged by limited access to banking facilities. Many of the major banks have asked clients engaged in legal medical cannabis businesses to clos ...
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Mania for China’s hemp-related companies prompts stock regulator to crack down
Sunday, 07 April 2019Chinese cannabis-related stocks have been getting way too high this year for Beijing’s taste, prompting a crackdown to control the investor mania. Marijuana growth and consumption is illegal in China ...
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A budding trade: Industrial cannabis is booming in China
Thursday, 04 April 2019The hemp plant has a history in China. It was probably twisted into the world’s first rope there around 2,800BC. Since its cooler sister, marijuana, became legal for recreational use in Canada and ma ...
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How cannabis is firing up the U.S. supply chain
Thursday, 04 April 2019With the recreational use of cannabis now legal in 10 states and the District of Columbia and medical marijuana legal in 23 states, marijuana is on its way to becoming an $80 billion industry in the ...
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Can marijuana create a path to justice?
Tuesday, 02 April 2019The fight to legalize marijuana has never been easy, as evidenced by the recent collapse of months-long efforts in New Jersey and New York. A key issue in both is how to ensure that legalized cannabi ...
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Will Germany become the world's largest market for medicinal cannabis?
Saturday, 30 March 2019The use of medicinal cannabis has been allowed in Germany for two years now. But because domestic cultivation hasn't gotten off the ground yet, the plant has been imported, mainly from Canada. That m ...
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Barbados tells of plans to develop cannabis industry
Friday, 29 March 2019Barbados has announced plans to establish a medicinal cannabis industry project implementation unit tasked with establishing the administrative framework for the timely implementation of the project. ...
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Fair(er) Trade Options for the Cannabis Market
Thursday, 21 March 2019
Policy changes over the past five years or so have dramatically reshaped the global cannabis market. Not only has there been an unprecedented boom in medical markets, but following policy shifts in s ...
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Don't be greedy! Why cannabis companies should support home cultivation
Wednesday, 20 March 2019One of the great things about the cannabis industry is that it has dramatically sped up the process of ending cannabis prohibition and achieving advocacy goals that many of us have worked on for deca ...
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The great green gold rush
Saturday, 16 March 2019In South Africa’s richest suburb, against the backdrop of dazzling tower blocks belonging to law firms and insurance companies, a brand-new industry is taking shape — one that its advocates say will ...
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Canadian company partners with Westmoreland farmers to grow ganja
Friday, 08 March 2019Wiisag Corporation, a Canadian indigenous integrated cannabis company, has signed an agreement to partner with the Westmoreland Hemp and Ganga Farmers Association (WHGFA) to grow two crops of medical ...
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Marijuana farmers, company haggle over price
Friday, 08 March 2019The President of the Cannabis Revival Committee (CRC) in St Vincent and Grenadines, Junior “Spirit” Cottle, is urging farmers not to accept anything less than EC$300 (EC dollar = US$0.37 cents) for a ...
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Bankers circling Europe's growing cannabis market
Tuesday, 05 March 2019Investors who are eager for the cannabis industry in Europe to emulate the boom in pot-stock listings in Canada may not have much longer to wait, judging by the activities of investment bankers. Cana ...
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Colorado lawmakers taking second crack at bill that would allow publicly traded marijuana companies
Monday, 04 March 2019A bill that opens the door for out-of-state investors and private equity firms to wade into Colorado’s regulated marijuana business waters passed its first lawmaking hurdle. The Colorado House Financ ...
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Sweet smell of success? Big business bets on a marijuana boom
Saturday, 02 March 2019To listen to some of the predictions about the future of the cannabis industry, you would think financial analysts had been partaking heavily of the product. The European cannabis market will be wort ...
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Cannabis: Le commerce international s’organise… sauf au Maroc
Friday, 01 March 2019Depuis 2013, pas moins de dix Etats américains et la capitale fédérale, ainsi que le Canada et l’Uruguay, ont autorisé l’usage légal du cannabis pour leurs résidents adultes. Le Mexique, le Luxembour ...
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Legalisation: the chance to right wrongs
Friday, 01 March 2019If New Zealand votes to legalise cannabis in 2020’s binding referendum, we will have a unique opportunity on our hands. Creating a licit market from scratch means the government can legislate for par ...
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European Parliament passes cannabis resolution, joins WHO in supporting medical marijuana
Wednesday, 13 February 2019Following reports about the World Health Organization (WHO) recommending a rescheduling of cannabis and several of its key components under international drug treaties, the European Parliament voted ...
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Slowing the legal weed freight train
Tuesday, 12 February 2019Sabet's strategy for sabotaging legalization is to offer legislators what he calls "a true decriminalization and justice" bill, which would do away with arrests for low-level offenses and replace the ...
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Invest in marijuana? What are you smoking?
Monday, 11 February 2019The rapid rise of marijuana legalization has created what some people call a bubble for marijuana stocks. It’s reminiscent of the dot-com craze in 1999. An even more apt analogy might be the 1880s, w ...
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'Legalize marijuana without corporatized marijuana,' says New York mayor Bill de Blasio
Sunday, 03 February 2019New York Mayor Bill de Blasio supports Governor Andrew Cuomo's pledge to legalize recreational marijuana, but he doesn't want the the market to be overrun by big corporations when cannabis prohibitio ...
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