Tag: cannabis industry
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Is legal weed doomed to be run by big business?
Wednesday, 28 December 2022If the federal government legalizes cannabis, lawmakers should beware of monopolization by national corporations, says Shaleen Title, chief executive of the cannabis policy think tank Parabola Center ...
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Marijuana law reached peak absurdity in 2022
Saturday, 24 December 2022Banning a plant with hundreds of industrial and medical uses was never going to work out well, but 2022 saw marijuana prohibition reach peak absurdity, not to mention peak confusion for consumers and ...
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Activists fear medical cannabis companies want in on recreational market
Monday, 21 November 2022Established medical cannabis companies could be looking to set their foot in Malta’s flegdling recreational cannabis market, according to sources. Releaf, the NGO that led the campaign to legalise re ...
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A tale of marijuana charlatans, corruption, collusion and exploitation
Wednesday, 16 November 2022Through manipulating trust and exploiting public ignorance, cannabis charlatans – new and old – are trying to construct corporate empires, some of which appear to be based on corruption, collusion an ...
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Could Germany’s impending cannabis legalization prop up Canada’s flagging producers?
Sunday, 18 September 2022First-mover advantage: It’s a phrase long used by Canadian cannabis companies that have spent billions of dollars to accelerate their international sprawl since legalization in 2018. But as Germany m ...
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Cannabis policy changes in Africa are welcome. But small producers are the losers
Monday, 30 May 2022Many African states that persecuted citizens for cannabis related offences for years are now promoting legal cannabis production. Over the past five years 10 countries have passed laws to legalise pr ...
Labelscorporate capture | social justice | cannabis | medical cannabis | cannabis industry | morocco | eswatini | ghana | south africa | lesotho | africa -
Why cannabis prices are plunging – unlike just about everything else
Monday, 02 May 2022As Canadians deal with the highest inflation in decades and broadening price hikes, one industry remains locked in a lengthy trend of discounting and bargain rates: cannabis. Laden with inventory, pr ...
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Africa eyes the global cannabis market
Wednesday, 06 April 2022Benjamin Cadet stands among his plants in a white polo shirt bearing his company logo. He dons surgeon's gloves and handles the flowers carefully. They are full of pollen — ripe for the picking. The ...
Labelsafrica | lesotho | south africa | cannabis industry | germany | israel | medical cannabis | cannabis -
Inside California's cannabis crisis
Monday, 21 February 2022California’s marijuana market, which reached an estimated $4.4 billion in sales in 2020, has seemingly reached peak cannabis capitalism. But the overwhelming sense amongst the so-called “legacy growe ...
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Budding market: Lucrative cannabis industry looks to leverage ex-politicians’ sway
Wednesday, 02 February 2022Not too long ago, Ehud Olmert was trying to lead Israel to a historic peace agreement. These days, the former Israeli prime minister is pushing a different message: Legalize marijuana. Olmert is amon ...
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A cannabis monopoly asteroid is coming
Tuesday, 01 February 2022If you think two or three powerful companies owning and controlling the sales of all regulated marijuana sounds like a good thing, you can click away from this article. But if the thought of a market ...
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Cannabis companies facing 'crossroads' selling off stores, farms and warehouses
Thursday, 13 January 2022Cannabis companies are selling off growing facilities, stores and warehouses as they try to better align their offerings with demand. Industry observers say demand for cannabis is high, but there are ...
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Three years post-legalization, Canada's cannabis industry ready for a reset
Friday, 15 October 2021Three years after Canada legalized cannabis, the industry appears ready for a reset. When midnight struck on Oct. 17, 2018, Canada became the first developed nation to allow the sale of cannabis for ...
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Despite layoffs and losses, cannabis CEOs awarded millions in bonuses
Monday, 11 October 2021Despite stagnant revenue, layoffs, facility closings and big losses, the top executives of some of the largest cannabis companies in Canada were awarded millions in bonuses and performance stock gran ...
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Stand for craft: How Canada’s craft cannabis cultivators are pushing for tax reform
Wednesday, 29 September 2021It’s been just three short years since cannabis was legalized in Canada, but it’s already clear the nation’s exorbitant taxation on cannabis cultivators is not only unsustainable; it’s killing craft ...
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What do you do with a billion grams of surplus weed?
Thursday, 05 August 2021Back in 2018, during those months before Canada legalized recreational cannabis, things were good for the pot industry. Companies were being hyped as pioneers in “the green frontier” and “proof that ...
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Canadian cannabis producers have sold less than 20% of output since adult-use legalization
Wednesday, 28 July 2021Cannabis producers in Canada have sold less than 20% of their production since the country launched adult-use sales in October 2018, according to an MJBizDaily analysis. The newest data – which runs ...
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Fact or fable: Will cannabis be Africa’s economic saviour?
Sunday, 18 July 2021In recent years several African governments have changed their stance and implemented policies that legalise cannabis cultivation, manufacturing and processing, mostly for the export market. In south ...
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Massachusetts cannabis workers unionize, part of a national movement
Thursday, 01 July 2021Many cannabis cultivation workers share common challenges. They frequently lack a living wage, benefits (like health care and retirement plans) or pathways for professional development. Workers and a ...
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Congress only has one chance to legalize marijuana the right way
Tuesday, 01 June 2021Congressional Democratic leaders filed a marijuana legalization bill last week aimed at remedying the injustices of the drug war. But my experience as a regulator overseeing the implementation of Mas ...
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Cannabis goes corporate: Lobbyists, unions seek to shape marijuana industry
Saturday, 08 May 2021The rally at the state capitol on April 20, the unofficial holiday for pot aficionados, brought out green-wigged supporters ringed in wisps of smoke. These days, they are far from the only people adv ...
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After Aphria deal, the new Tilray eyes transformation into a global cannabis brands giant
Monday, 03 May 2021Tilray Inc. shareholders approved the merger with Aphria Inc., creating a cannabis powerhouse that’s both the largest medical marijuana company in Europe and a major player in Canada’s recreational m ...
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Lesotho firm first in Africa to be granted EU licence for medical cannabis
Wednesday, 21 April 2021A company in Lesotho has become the first in Africa to receive a licence to sell medical cannabis to the EU. The country’s top medical cannabis producer, MG Health, announced it had met the EU’s good ...
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After ‘Green Rush,’ Canada’s legal pot suppliers are stumbling
Sunday, 18 April 2021When Prime Minister Justin Trudeau’s government’s legalized marijuana in 2018, a primary goal was to create a more equitable justice system — not a major new business sector. Investors, however, thou ...
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A Sustainable Future for Cannabis Farmers
Friday, 16 April 2021Learn how lessening the barriers for small farmers while raising them for large companies can help to steer legal cannabis markets in a more sustainable and equitable direction based on principles of ...
Labelscorporate capture | eswatini | africa | fair trade | st vincent and grenadines | indonesia | south africa | ghana | lebanon | cannabis industry | jamaica | thailand | cannabinoids | morocco | medical cannabis | CND | UNODC | alternative development | cannabis | INCB | UN drug control | mexico | colombia -
This cannabis giant has European targets in its sights ahead of U.S. legalization frenzy, CEO says
Monday, 12 April 2021Cannabis deals in Europe will help pot giant Aphria build up a war chest ahead of an expected frenzy of mergers and acquisitions in the U.S. High-margin medical cannabis agreements in Europe represen ...
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A founding father of legal pot in Colorado reveals regrets
Friday, 09 April 2021I helped write Amendment 64, litigated numerous cases before and after 64 to make it a reality, and also helped design implementing regulations at the state and local levels.I wish I could be proud o ...
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Big tobacco is coming for legal marijuana
Thursday, 08 April 2021Big Tobacco has been planning for this moment for decades. A 1983 industry list titled New Product Ideas, made public as part of a court settlement, reveals that tobacco companies even then were anti ...
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New chairman of CLA wants ganja industry to earn maximum benefits globally
Friday, 02 April 2021Reforming the Cannabis industry into one which earns maximum benefits globally, is the goal of newly appointed Chairman for the Cannabis Licensing Authority (CLA), LeVaughn Flynn. Flynn, who has writ ...
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New York legalizing weed could mean big things for the future of the cannabis industry
Thursday, 01 April 2021New York became the latest state to legalize recreational cannabis, and is poised to become one of the nation's largest markets. The multibillion-dollar business opportunity would be lucrative for ca ...
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Cannabis: Black farmers to ‘shut down’ regulator
Tuesday, 23 March 2021The Black Farmers' Association of South Africa (BFASA) have threatened to shut down the regulatory authority for allegedly excluding them from opportunities in the rapidly growing cannabis industry. ...
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Mexico’s lower house approves recreational cannabis bill
Thursday, 11 March 2021Mexico’s lower house has approved a bill that would legalise the recreational use of cannabis, putting the country on the path to becoming one of the world’s largest regulated markets for the drug. T ...
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BAT looks beyond tobacco to Canadian marijuana
Thursday, 11 March 2021British American Tobacco said it will buy a nearly 20% stake in Canada-based cannabis producer Organigram for about 126 million pounds ($175.8 million) as it seeks to expand beyond its main tobacco b ...
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How tobacco giant Altria is becoming a cannabis company
Tuesday, 09 February 2021Altria, one of the world’s biggest tobacco companies, is well on its way to also being one of the world’s biggest and most influential cannabis companies. After spending $1.8 billion to buy a stake i ...
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‘There’s no stopping the industry now’: Democratic control is a big win for marijuana
Sunday, 31 January 2021Cannabis companies are positioning themselves for the greater likelihood that federal cannabis restrictions will be loosened significantly. Sales are already booming. Cannabis sales hit $20 billion l ...
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Mexico moves to create world’s largest legal cannabis market
Tuesday, 12 January 2021Mexico’s health ministry published rules to regulate the use of medicinal cannabis, a major step in a broader reform to create the world’s largest legal cannabis market in the Latin American country. ...
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How state marijuana legalization became a boon for corruption
Sunday, 27 December 2020In the past decade, 15 states have legalized a regulated marijuana market for adults over 21, and another 17 have legalized medical marijuana. But in their rush to limit the numbers of licensed vendo ...
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After blockbuster Aphria-Tilray merger, world’s largest cannabis company eyes U.S. market
Friday, 18 December 2020Tilray and Aphria, two of the biggest marijuana companies in Canada, announced plans to merge and create the world’s largest cannabis outfit. With existing medical and recreational cannabis businesse ...
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Swiss cannabis market - a delicate balancing act
Tuesday, 01 December 2020Producing and selling hemp inflorescences (clusters of flowers on a stem) with a low THC content has been legal in Switzerland since 2017. However, this market has not proved to be the gold mine that ...
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Mexico may become the third country to legalise cannabis
Saturday, 21 November 2020On November 19, the Senate began debating a bill that would make Mexico the third country in the world, after Uruguay and Canada, to legalise cannabis for recreational use nationwide. For Mexico, the ...
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Mexico is poised to legalize marijuana, but advocates don’t like the details
Sunday, 08 November 2020It's the moment for which advocates of legal marijuana here have been waiting: Mexican lawmakers, working under a court order, have until mid-December to finalize rules that will make the country the ...
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Black and Indigenous entrepreneurs struggle for traction in Canada's cannabis industry
Saturday, 17 October 2020A policy brief by the Centre on Drug Policy Evaluation and the University of Toronto looked at c-suite level executives, parent companies and licensed producers in Canada. The research reveals that t ...
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Mexico, plagued by cartel wars, on cusp of legal cannabis 'green rush'
Thursday, 01 October 2020Senate majority leader Ricardo Monreal expects a law to be passed before December for recreational use of the drug, allowing regulated private firms to sell it to the public. Indeed the legal cannabi ...
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Cannabis: A rush to corporate capture?
Wednesday, 30 September 2020Finance minister Tito Mboweni expects the newly legal cannabis industry to pour an estimated R4 billion into the government’s dwindling tax coffers while simultaneously unlocking the country’s stagna ...
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Draft cannabis bill ‘completely misses the mark’
Wednesday, 23 September 2020Two years ago, the Constitutional Court of South Africa decriminalised the possession and cultivation of cannabis in private by adults for personal private consumption. It was a historic day that lef ...
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eSwatini: A brief tale of two laws
Friday, 18 September 2020The U.S. company Stem Holdings reported in 2019 that it had “received preliminary approval to become the only licensed growing farm and processing plant for medical cannabis and industrial hemp in Th ...
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Reputation, revenue at stake as Brazil weighs legalization of cannabis cultivation
Friday, 18 September 2020Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp. South America’s largest economy leads the world in several commodities markets, and ...
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Cannabis Regulation and Development
Wednesday, 09 September 2020Significant policy shifts have led to an unprecedented boom in medical cannabis markets, while a growing number of countries are moving towards the legal regulation of adult non-medical use. This tre ...
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Canopy Growth CEO’s partial-year compensation tops CA$45 million
Tuesday, 11 August 2020Canopy Growth’s chief executive earned 1,042 times more than the median compensation for the cannabis producer’s other employees in fiscal 2020. The partial-year compensation for CEO David Klein was ...
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It could take 10 years to measure the impact of legalising weed
Tuesday, 11 August 2020The referendum on legalising recreational cannabis use is just over a month away. Campaigns for and against the change are well under way. We’ve had expert reports from the Helen Clark Foundation, th ...
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