Items tagged with cannabis industry
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Mexico, plagued by cartel wars, on cusp of legal cannabis 'green rush' [01.10.2020] | Senate majority leader Ricardo Monreal expects a law to be passed before December for recreational use of the drug, allowing regulated private firms ... |
Cannabis: A rush to corporate capture? [30.09.2020] | Finance minister Tito Mboweni expects the newly legal cannabis industry to pour an estimated R4 billion into the government’s dwindling tax coffers w ... |
Draft cannabis bill ‘completely misses the mark’ [23.09.2020] | Two years ago, the Constitutional Court of South Africa decriminalised the possession and cultivation of cannabis in private by adults for personal p ... |
eSwatini: A brief tale of two laws [18.09.2020] | The U.S. company Stem Holdings reported in 2019 that it had “received preliminary approval to become the only licensed growing farm and processing pl ... |
Reputation, revenue at stake as Brazil weighs legalization of cannabis cultivation [18.09.2020] | Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp. South America’s largest economy le ... |
Cannabis Regulation and Development [09.09.2020] | Significant policy shifts have led to an unprecedented boom in medical cannabis markets, while a growing number of countries are moving towards the l ... |
Canopy Growth CEO’s partial-year compensation tops CA$45 million [11.08.2020] | Canopy Growth’s chief executive earned 1,042 times more than the median compensation for the cannabis producer’s other employees in fiscal 2020. The ... |
It could take 10 years to measure the impact of legalising weed [11.08.2020] | The 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 ... |
King Mswati, Stem Holdings and the multi-billion political dagga cold war [01.08.2020] | King Mswati allegedly entered into a deal with Stem Holdings and manipulated provisions of the Prevention of Organized Crime Act (POCA) by unleashing ... |
Uzbekistan returns to its roots with cannabis cultivation [21.07.2020] | Central Asia has a great climate for growing cannabis. The plant, which is indigenous to the region, blankets hillsides and reveals itself stubbornly ... |
Thousands more pot shops needed to end illicit market: Fire & Flower CEO [06.07.2020] | Canada needs to open as many as 4,000 cannabis stores, more than triple the current number of licensed outlets, if policymakers want to eliminate the ... |
Cannabis Bill controversy: Did dagga growers influence MPs? [21.06.2020] | Did dagga growers influence MPs? The withdrawal of the Opium and Habit-Forming Drugs (Amendment) Bill No.06 of 2020 in the House of Assembly, has rai ... |
Growers association calls ganja industry a failed experiment [15.06.2020] | The Ganja Growers and Producers Association (GGPAJ) says despite the success of several Cannabis Licensing Authority (CLA) operators, Jamaica's regul ... |
Cannabis companies are finding it tougher than ever to navigate the market [02.06.2020] | Some of the biggest cannabis players when legalization took effect 20 months ago have successfully held on to their dominant positions, despite a yea ... |
Lavish parties, greedy pols and panic rooms: How the ‘Apple of Pot’ collapsed [24.05.2020] | MedMen looked to become the Apple of pot, the first mainstream, nationwide consumer brand for the product that drove so many Americans to ingest and ... |
As cannabis market softens, some investors pulling back [24.05.2020] | Aurora, a Canadian listed cannabis company, has sold its Jamaica asset for less than its CDN$4.5 million valuation in order to get cash. “The compan ... |
Licensed retail herb houses can now sell to qualified patients online [16.05.2020] | The Cannabis Licensing Authority (CLA) has established interim measures to facilitate online sales by licensed retail herb houses to registered patie ... |
Cannabis in high demand amid coronavirus pandemic [05.05.2020] | According to cannabis industry analytics firm Headset, pot sales in the United States spiked in mid-March, with sales growth peaking at 64% in the we ... |
Canopy Growth exits cannabis cultivation on three continents in major international pullback [16.04.2020] | Canopy Growth is ceasing cannabis cultivation in Africa, Canada, Colombia and the United States in a bid to “improve efficiencies” in its global oper ... |
Cannabis bankruptcies start to roll in as pandemic halts financing [06.04.2020] | The cannabis bankruptcy filings are starting to roll in. Already plagued by a tough regulatory environment, disappointing sales and capital markets t ... |
Stoners cheered when Canada legalised cannabis. How did it go so wrong? [05.04.2020] | Two years on, the Canadian cannabis legalisation experiment hasn’t quite turned out as we reformers had hoped. The black market is still vibrant whil ... |
Missed earnings, misdirection put Canadian cannabis executives in hot seat [01.04.2020] | The exodus of cannabis executives in Canada is in full swing after their companies raked up collective net losses exceeding CA$6 billion ($4.4 billio ... |
Cannabis scientists are chasing the perfect high [01.04.2020] | The cannabis business has arrived at a critical moment. Now that pot has become something like a regular consumer product, customers are increasingly ... |
Big cannabis in the UK [18.03.2020] | The BMJ has uncovered links between companies, campaign groups and individuals lobbying for wider patient access to cannabis for medical use and a pa ... |
'The legal stuff is garbage': why Canada's cannabis black market keeps thriving [18.03.2020] | Cannabis may be legal in Vancouver but visitors looking to score are likely to run into a seemingly counterintuitive suggestion: try the black market ... |
Gov’t assisting transition of traditional ganja growers to legal industry [25.02.2020] | Minister of State for Industry, Commerce, Agriculture and Fisheries, Floyd Green, says the Government, through its Alternative Development Programme ... |
A 70/30 split on investment in medical cannabis industry [22.02.2020] | Minister of Agriculture and Food Security Indar Weir is making it clear that 30 per cent of any investment coming to Barbados for the medicinal canna ... |
Mboweni says ‘legalize it!’ as he dares cops to arrest him for growing dagga [03.02.2020] | In a series of tweets on Sunday, Finance Minister Tito Mboweni uploaded photos of dagga plants growing on his farm in Limpopo, which he explained wer ... |
'This was supposed to be reparations': Why is LA's cannabis industry devastating black entrepreneurs? [03.02.2020] | A Los Angeles government program set up to provide cannabis licenses to people harmed by the war on drugs has been plagued by delays, scandal and bur ... |
FP Dealmakers: ‘There are going to be bankruptcies' [30.01.2020] | The one thing Bay Street’s top cannabis bankers are all in agreement about is how difficult it has become for the pot sector to raise money over the ... |
Another cannabis company teeters on the edge [29.01.2020] | Last week was a wild one for MedMen, the multistate cannabis retailer based in Culver City, California. As CEO Adam Bierman was getting ready to do a ... |
Cannabis companies could go bust in 2020, industry insiders predict [21.01.2020] | What a difference a year makes. Around this time in 2019, the cannabis sector was booming. Investors wanted in and stock prices were skyrocketing. To ... |
SA and legal cannabis: profits should be reaped, but like any industry, there are also risks [21.01.2020] | South Africa’s cannabis conversation is shifting into a new gear, with Finance Minister Tito Mboweni on the record as pushing for full legalisation. ... |
Major Canadian pot companies facing proposed class-action lawsuits in the U.S. [19.01.2020] | Some of Canada's biggest cannabis producers are facing proposed class-action lawsuits in the United States after investors were hit with steep financ ... |
Pot industry heads to Davos as stocks rebound: Cannabis Weekly [19.01.2020] | Tough times in the cannabis industry aren’t stopping its leaders from going to Davos. For the second year in a row, there will be a Cannabis House in ... |
The Great Cannabis Crash of 2019 [14.01.2020] | Bad news about the so-called "Green Rush" rolled in slowly at first, picking up steam around the end of last summer. Stocks started to dive. Layoffs ... |
Birthplace of semi-legal pot risks falling behind U.S. [13.01.2020] | Since the Netherlands decriminalized marijuana in 1976, Amsterdam’s “coffee shops” have become a destination for weed lovers from around the globe. B ... |
Investors rush to bring weed to the masses [13.01.2020] | Europe's first cannabis exchange-traded fund (ETF), the Medical Cannabis and Wellness ETF, dubbed CBSX, launched in Germany. A joint project of Purpo ... |
Why is medical marijuana a high ranking priority for Thailand's military? [12.01.2020] | South-East Asia is notorious for its brutal approach to policing drug use and production. But in Thailand change is afoot, as authorities seek to dev ... |
Foreign assets could be next on the block for cash-hungry cannabis companies [10.01.2020] | Two years ago, Canadian cannabis companies were racing to scoop up international assets, from swaths of fertile land in southern Africa to cultivatio ... |
South Africa's black farmers fight to enter marijuana market [08.01.2020] | Following the Constitutional Court's decision in 2018 to decriminalize the personal use and cultivation of cannabis in South Africa, there are concer ... |
'There's just no money coming in': Cannabis sector bracing for wave of insolvencies in 2020 [31.12.2019] | Cannabis industry insiders are bracing for a slew of bankruptcies in the coming year as small and medium-sized companies low on cash struggle to rais ... |
Why Canada's cannabis bubble burst [29.12.2019] | When Canada legalised marijuana just over a year ago, it seemed like anyone who was anyone wanted to break into the market. The media nicknamed the f ... |
America’s marijuana growers are the best in the world, but federal laws are keeping them out of global markets [27.12.2019] | After 20 years of experience, legal marijuana growers in the U.S. have a reputation for creating the best product in the world, scientifically grown ... |
Peak pot? Thick haze dulls hype around cannabis startups [16.12.2019] | The hype around cannabis startups in recent years intoxicated many investors. But poor balance sheets and plummeting share prices has made the comedo ... |
Inside the billion-dollar race to patent cannabis [09.12.2019] | The U.S. Patent and Trademark Office (USPTO) has already issued several patents for specific kinds of cannabis and for more wide-ranging “utility pat ... |
CLA issues 50 cannabis licences in two years [08.12.2019] | The four-year-old Cannabis Licensing Authority (CLA) reached another major milestone last week by issuing its 50th licence for medicinal use of the d ... |
‘B.C. bud’ cannabis still underground, John Horgan hopes to rescue it [02.12.2019] | British Columbia used to supply half of Canada’s marijuana, export it to the United States by the hockey bag, and bring home a bong-full of blue ribb ... |
Inside the Walmart of weed [23.11.2019] | With Canada the largest nation to completely legalize marijuana, the world’s most valuable pot company, Canopy Growth Corp., founded in 2013 and now ... |
De Caires has high hopes despite pace of Cannabis Commission! [17.11.2019] | Andre De Caires of the Cannabis Movement of St. Lucia is not satisfied with the pace at which the recently formed Cannabis Commission is working. The ... |
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