Tag: cannabis industry
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World Health Organization recommends rescheduling marijuana under international treaties
Friday, 01 February 2019Health experts at the United Nations are recommending that marijuana and its key components be formally rescheduled under international drug treaties. The World Health Organization (WHO) is calling f ...
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Canada’s cannabis shortage could be over quicker than we thought, researcher says
Friday, 01 February 2019If Canada’s licensed cannabis producers continue ramping up production at their current exponential pace, there will be more than enough pot to meet the government’s projected demand by the end of 20 ...
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Cannabis comes to Davos, sharing spotlight with global elites
Monday, 28 January 2019If more proof was needed that cannabis is becoming accepted by the world’s financial and political elite, what better place to find it than at the Swiss ski resort of Davos? While the usual cadre of ...
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Israeli cabinet approves law to allow medical cannabis exports
Sunday, 27 January 2019Israel’s cabinet approved a law to allow exports of medical cannabis in a move expected to boost state revenues and the agriculture sector, and which frustrates critics who fear it could lead to more ...
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How Canopy Growth became the jolly green giant of cannabis
Thursday, 24 January 2019The common wisdom among investors and analysts in the cannabis industry has been that bigger is better. They predict that cannabis will follow the path of alcohol after Prohibition ended in the U.S., ...
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Enjoy it while you can Cannabis Canada, your edge is already eroding
Friday, 11 January 2019A number of industry insiders who argue that the level of government control and intervention in the cannabis landscape in Canada, coupled with the shifting political climate south of the border in f ...
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Monopoly of medical cannabis not in public interest: Experts
Tuesday, 08 January 2019Authorities in Thailand overseeing a flood of patents for medical cannabis must consider the public interest, otherwise a commercial monopoly of the medicines and cultivation would result, experts wa ...
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Now for the hard part: Getting Californians to buy legal weed
Wednesday, 02 January 2019A billion dollars of tax revenue, the taming of the black market, the convenience of retail cannabis stores throughout the state — these were some of the promises made by proponents of marijuana lega ...
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Cannabis firms in conflict of interest for owning both pot producers and marijuana clinics, critics charge
Thursday, 27 December 2018When doctors at the Solace Health Network of cannabis clinics prescribe their patients medical marijuana, one government-licensed producer of the drug might come quickly to mind. The clinics’ parent ...
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Tilray goes global with Novartis marijuana sales partnership
Tuesday, 18 December 2018Tilray Inc. has signed a global partnership with a division of Swiss drug giant Novartis AG to develop and distribute its medical marijuana in legal jurisdictions around the world. The Canadian pot f ...
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Swiss eye local ganja
Monday, 17 December 2018The possibilities for the explosion of Jamaica's medical marijuana industry have attracted the interest of another major multinational corporation that wants to set up shop in Jamaica. And it says it ...
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Barbados PM comments on decriminalisation of marijuana
Saturday, 08 December 2018The Barbados government says it will soon develop a framework for medical cannabis, even as it noted that decriminalisation of marijuana for recreational use will have to be decided by a referendum. ...
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Marlboro owner Altria invests $1.8 billion in cannabis company Cronos
Friday, 07 December 2018Tobacco giant Altira is investing $1.8 billion in Canadian cannabis company Cronos Group. That will give Altria a 45% stake in the company, with an option for Altria to increase its stake to 55% over ...
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Cannabis firm confirms investment talks with Marlboro maker
Tuesday, 04 December 2018Altria, the maker of Marlboro cigarettes, is in talks with a Canadian cannabis producer over a potential investment in the firm. Canada's Cronos Group confirmed the discussions but said it had not ye ...
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Navigating cannabis legalization 2.0
Tuesday, 04 December 2018Legalization is not a simple yes-or-no decision, and its consequences for health, public safety, and social equity will be shaped by choices about production, prices, and the enforcement of regulatio ...
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Marijuana, mountains and money: How Lesotho is cashing in
Wednesday, 28 November 2018Lesotho is aiming to make money from the booming medicinal marijuana industry, but the southern African nation already has an unheralded illicit trade in the drug for recreational use. The high altit ...
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Dr Benedikt Fischer: Canada provides lessons on legal cannabis
Tuesday, 27 November 2018New Zealand is debating its cannabis policy, a process that led to legalisation of cannabis use and supply in Canada just last month. Since the two countries share many traits and values - and high c ...
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How to achieve weed equality
Monday, 26 November 2018The official body that's overseen the legal cannabis regulatory process in Massachusetts has given the much anticipated "commence operations" notice. It has taken two years for the Cannabis Control C ...
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Why the future of marijuana farming could be craft weed
Wednesday, 21 November 2018There are plenty of predictions about how cannabis farming is poised to go corporate, but Big Marijuana is not inevitable, says Ryan Stoa, a professor of law at Concordia University. That doesn’t mea ...
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Greece eyes pot of gold as medicinal cannabis licensed
Monday, 19 November 2018Greece issued the first licences to private companies for growing medicinal cannabis in the country, part of an attempt to tap a burgeoning market worth billions. Greece legalised cannabis for medica ...
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Cannabis industry says it needs more approved growers to meet Canadian demand
Monday, 12 November 2018More fully-licensed cannabis growers and cultivation space are needed to meet a voracious demand for legal marijuana, a spokesman for the industry said. That means more licences for both producers an ...
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Cannabis companies race to clinch an edge in pot industry’s next phase of growth: Intellectual property
Friday, 09 November 2018A report by the Bank of Montreal, which assumed a blue-sky scenario in which the U.S. and all 28 countries in the European Union legalize marijuana for recreational and medical use, projected that th ...
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Thousands of patients in limbo as ministry temporarily shuts top cannabis grower
Wednesday, 07 November 2018The Health Ministry has issued a temporary stop work order against Israel’s largest medical cannabis company, Tikun Olam, over concerns that the company’s cannabis drying process was not up to code, ...
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Weed woes: Canada struggles to meet huge demand for legal cannabis
Sunday, 04 November 2018Two weeks after Canada became the first G20 country to legalize cannabis amid much fanfare, numerous stores – both physical and digital – are struggling to meet high demand. In much of the country, t ...
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Global cannabis industry eyes China for production and investment
Friday, 02 November 2018The global cannabis industry is targeting China for production and investment, while the country’s investors are warming up to the idea of placing their money in the fast-growing market. Legal cannab ...
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Cannabis producers could be chasing global market worth $194 billion in seven years: BMO report
Thursday, 01 November 2018The potential of the global cannabis industry is so vast that it could eventually make the sky-high valuations of some Canadian licensed producers look like bargains, according to a new report from B ...
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Please allow small farmers to benefit from ganja industry, says senator
Tuesday, 30 October 2018Senator Kerensia Morrison is calling on the Government to ensure that small farmers and the little man are not left out of the emerging ganja/cannabis industry. “Perhaps the most critical point that ...
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Cannabis price collapse putting billions in consumers’ pockets
Thursday, 18 October 2018Wholesale cannabis prices could hit as low as $30 an ounce in some parts of the U.S. as another record crop of outdoor cannabis floods markets and sinks prices. The legal recreational market in Orego ...
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Cannabis in Canada: Who wins and who loses under new law
Monday, 15 October 2018Canada is about to become the second nation to fully legalise recreational cannabis. When prohibition comes to an end on 17 October, Canadian adults will be able to purchase and consume the drug from ...
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How the biggest pot stocks plan to win in what is about to become a 'brutal' industry
Monday, 15 October 2018The cannabis hype is about to come face-to-face with reality. After Canada legalizes recreational marijuana on Oct. 17, it will only take a quarter or two for clear winners and losers to emerge, acco ...
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Pot companies failing at financial reporting, regulator says
Wednesday, 10 October 2018Cannabis companies are failing to adequately disclose even basic financial information to shareholders — from cost of production to fair value assessments, according to Canadian regulators. Of 70 com ...
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Is India losing out on a ready-to-boom cannabis market by not legalising its use?
Saturday, 06 October 2018Just about everybody smokes cannabis in India. Hush, not a word to anybody. We will all be arrested. It’s a democratic, egalitarian weed loved by copywriters, doctors, designers, salesmen, delivery b ...
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Cannabis capitalism: who is making money in the marijuana industry?
Wednesday, 03 October 2018The cannabis industry’s moral challenge is to ensure the groups who have suffered the most under the drug war can participate in the green rush and enjoy the spoils of legalization. Marijuana insider ...
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U.S. cannabis producers fear Canada will 'dominate the industry'
Saturday, 29 September 2018The CEO of California-based marijuana producer and seller Terra Tech is watching the cannabis industry boom north of the border with more than a little apprehension — because he is already seeing the ...
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'Monsanto of pot': How cannabis firms are seeking to lower growing costs
Tuesday, 18 September 2018As cannabis producers add to their harvest as Canada prepares to legalize recreational use starting Oct. 17, some companies are already exploring novel ways to dramatically reduce the cost of growing ...
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Tilray CEO envisions US$100B future as company surges past Canopy's market cap
Tuesday, 18 September 2018Tilray Inc., the cannabis company that has seen its valuation double, could become a US$100 billion company, according to its CEO Brendan Kennedy, as the regulations surrounding marijuana continue to ...
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Agriculture minister seeks to link small ganja farmers with large processors
Monday, 10 September 2018Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, says he is looking to link small ganja farmers with large processors who have the ability to convert ganja into a range of medi ...
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Has Big Pharma’s ‘inevitable entrance’ into the cannabis space arrived?
Monday, 03 September 2018As Canada prepares to legalise the recreational use of marijuana, the medicinal potential of cannabis has attracted increased attention in the pharmaceutical space. According to a joint research proj ...
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Canopy Growth CEO: We're not the Amazon or Google of pot yet, but we want to be
Friday, 31 August 2018Canopy Growth CEO Bruce Linton told CNBC Friday the cannabis company is well ahead of its rivals in becoming the leading brand in legal marijuana but still needs to improve. "When I need to find info ...
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Ganja: Discovering the future
Wednesday, 22 August 2018Despite cannabis being an integral part of the Jamaican identity, just five years ago local laws did not reflect the realities of its use in the country. However, this changed after the decriminalisa ...
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Constellation spends $4bn to lift stake in cannabis group Canopy
Wednesday, 15 August 2018Beer maker Constellation Brands doubled down on its bet on the budding marijuana industry, pumping just under $4bn into a Canadian group that has sought to capitalise on the spreading legalisation of ...
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Ontario will rely on private sector to sell recreational cannabis
Monday, 13 August 2018Premier Doug Ford is giving up Ontario’s monopoly on weed, opening sales of recreational cannabis to private stores by April 1 in a dramatic shift that will make this province the biggest prize for C ...
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For US pot companies, Canada is the land of opportunity
Wednesday, 25 July 2018Green Thumb Industries had a business plan, expertise and plenty of ambition to grow its marijuana business. What the Chicago-based company didn't have was access to enough capital to make it all hap ...
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Cannabis store and cafe opens in Kingston
Wednesday, 18 July 2018Jamaica has opened its first seed-to-sale cannabis retail store located in Market place on Constant Spring Road. The ribbon-cutting ceremony signified the beginning of a new era for the use of medica ...
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Partnership critical for ganja industry success - SRC head
Friday, 06 July 2018Executive Director of the Scientific Research Council (SRC) Dr Cliff Riley has underscored the importance of working partnerships that acknowledge and incorporate the expertise of small players as cr ...
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Canada’s cannabis firms plot world domination
Thursday, 05 July 2018It is rare to see the words “Canada” and “world domination” in the same sentence. The country’s cannabis producers want to change that. With an eye on October 17th, the date on which recreational mar ...
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New regulations may spark Canada’s craft cannabis revolution
Thursday, 28 June 2018While legalization in Canada is delayed until October 17th, 2018, Canadians are celebrating as micro-licenses are finally coming out, ushering in the second wave of legalization. These micro-licenses ...
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Tobacco giant Imperial Brands invests in medical cannabis
Thursday, 28 June 2018Tobacco firm Imperial Brands is investing in UK biotech company Oxford Cannabinoid Technologies (OCT). The move comes as campaigning to allow marijuana products for medicinal purposes gathers pace. A ...
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Profits and perils of the new Canadian pot economy: Don Pittis
Monday, 25 June 2018Legalization is creating a whole new industry — perhaps a whole new economy. But even as pot generates new jobs and new companies and new stock market earnings, in both business and society as a whol ...
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How mapping marijuana DNA could change the future of pot
Tuesday, 12 June 2018Scientists are currently in the midst of exploring uncharted territory: The cannabis genome. Unlike with other plants, researchers don't have a long history of closely analyzing the genetic makeup of ...
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