EddieMunster
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This DEA Cannabis Announcement Will Floor You
t’s very possible that legal cannabis could be one of the fastest growing industries between now and 2030. Pretty much every analyst covering the weed industry has called for a compound growth rate in the double digits, which is a big reason behind the steady rise in pot stocks since 2016. Yet it’s also a highly
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Blingy vaporizers and gold rolling papers: luxury cannabis brands court the affluent
Despite being expensive and sometimes rare, cannabis isn’t typically considered a luxury good. It’s too closely associated with slovenly, underperforming young men to convey wealth or style. But as cannabis becomes more acceptable and the consumer base grows to include more women and affluent professionals, some companies are aiming to become prestige brands. With limited
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Weed From Well-Known Lifestyle Brands Is Next Stage of Legal Cannabis
In July, to commemorate their first anniversary, a Colorado couple in their 30s wanted a treat that would help them extend the high of their special day: custom gold-foil-tipped marijuana cigars. They went to Made in Xiaolin for a $1,200 set of “cannagars,” made with premium flower and bearing the wedding date stamped on the
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Boris Johnson hires justice adviser who favors cannabis legalization
British Prime Minister Boris Johnson is bringing in a leading advocate of cannabis legalization, Blair Gibbs, as a special adviser on crime and justice policy. Gibbs will join the administration from the Center for Medicinal Cannabis, a London-based industry group, which announced the move Wednesday on Twitter. Gibbs indicated on social media that he plans
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Aphria to open first cannabis retail store in Jamaica
Sensi Medical Cannabis House by Aphria will sell proprietary strains and “high-end” weed accessories, and will also include a consumption lounge Canadian licensed producer (LP) Aphria is opening its first retail store in Jamaica. The cannabis behemoth said its subsidiary company Marigold Projects has been licensed to sell the drug via Jamaica’s Cannabis Licensing Authority. The shop,
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California Working Toward Certifying “Almost Organic” Cannabis
On July 24 in Sacramento, the California Department of Food and Agriculture (CDFA) held its fourth meeting with cannabis farmers. The working group is developing a statewide “almost organic” cannabis certification standard, similar to the USDA organic label. Because cannabis remains a Schedule I narcotic under the federal Controlled Substances Act, it cannot be certified organic. The state
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Federal officials discuss efforts to launch hemp regulations at Senate committee hearing
The Senate Agriculture Committee heard from federal agencies about efforts to implement the legalization of hemp at a hearing on Thursday. In the months since the crop and its derivatives were federally legalized under the 2018 Farm Bill, lawmakers and industry stakeholders have made repeated calls to expedite the development of regulations providing for the lawful marketing
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A California Music Festival Had Onsite Cannabis Sales and Consumption
Last week, I wrote about how Lowell Farms’ cannabis café is opening next month in West Hollywood, California. It’ll be the first space of its kind in the US, allowing guests to purchase and consume cannabis onsite. Over the weekend, another first-of-its-kind cannabis event took place in Northern California, and the organizers state that it was “the first camping,
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Beboe: Marijuana Products Aimed At Women
On the fifth floor of Barneys in Beverly Hills, past the racks of plaid $390 Burberry slides and spiky $1,995 Christian Louboutin sneakers, sits a tiny store-within-a-store called the High End. It might just be the fanciest head shop in the world. Visitors are greeted by an array of marijuana products displayed on a marble-dust-and-quartz-crystal
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Is the Colombian Cannabis Industry Leading Latin America, Or Just Leading Investors On A Wild Goose Chase?
Every Colombian cannabis company attempts to impress investors and journalists with bombastic rhetoric, claiming to have the largest swath of hectares, the largest amount of registered strains, the highest quality cannabis, the ear of the government, and charitable or social justice initiatives aligned with millennial values. The reality is most Colombian-based cannabis companies are still
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American public pension funds invest in cannabis through California-based REIT
More than a dozen public pension funds are investing in marijuana through a California real estate investment trust (REIT), a sign that institutional investors wielding billions of dollars in state funds are comfortable pumping money into the cannabis industry. The public pension funds for government employees represent a broad range of states – from California,
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U.S. study finds cannabis lowers insulin levels in obese type 2 diabetics
Cannabis reduces insulin levels in obese and overweight type 2 diabetics, a new study has found. Obese adults in the U.S. who used marijuana had significantly lower fasting insulin than those who don’t use cannabis, a recent study found. The U.S. study concluded marijuana use is associated with lower fasting insulin levels in obese adults and that using pot
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U.S. pot drinks maker ‘closing in’ on Canadian cannabis partnership ahead of beverage legalization
A California-based cannabis beverage company says it’s nearing a deal with a Canadian licensed producer to bring its lineup of alcohol-inspired, THC-infused drinks north of the border once sales become legal. The Tinley Beverage Company (TNY.CN)(TNYBF) is on track to announce a deal with a Canadian partner before cannabis drinks are expected to hit store
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Australian medicinal cannabis company targets Canada, UK
Local medicinal cannabis business Althea Group has announced its first foray into Canada, one of the biggest marijuana markets in the world, to build on the growth that has seen its share price rise quintuple since January. The company has entered into a $35 million agreement to buy Canadian recreational cannabis business Peak Processing Solutions
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7 Cannabis Data Analytics Firms
One of the signs that an industry is becoming more legitimate is when its major players start investing in analytics. With a recent boom in the number of data analytics firms entering the cannabis space, it’s time to reevaluate the landscape for recreational marijuana as a business. The marijuana industry is expanding at a rapid
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True Leaf Schedules Fiscal Year 2019 Earnings Conference Call and Business Update
VERNON, British Columbia, July 25, 2019 (GLOBE NEWSWIRE) — True Leaf Brands Inc. (“True Leaf” or the “Company”) (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA), a leading global cannabis and hemp wellness brand for pets, announced today that it plans to release financial results for the fiscal year ended March 31, 2019, on Monday, July 29,
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United Cannabis Corporation Granted License to Begin Cultivation in Jamaica
DENVER, July 25, 2019 (GLOBE NEWSWIRE) — United Cannabis Corporation (OTCBB: CNAB) (the “Company” or “United Cannabis”) today announced that its Joint Venture, Jamaica-based Cannabinoid Research & Development (“CRD”), has been issued a license to cultivate cannabis within Jamaica by the Country’s Cannabis Licensing Authority (CLA). Earnest Blackmon, Chief Executive Officer of United Cannabis, commented
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Medical Marijuana, Inc. Begins Manufacturing Operations Under An Industrial Hemp Processor License
SAN DIEGO, July 25, 2019 (GLOBE NEWSWIRE) — Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that the Company has begun manufacturing operations under an industrial hemp processor license. This processor license will allow
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Billionaire Launches First Cannabis-tied Cryptocurrency and Global Hemp Exchange
Alkiviades David and his Swiss-based consortium have launched The Swissx Bank of Cannabis headquartered in Gstaad and with a Caribbean headquarters to be named soon. The Bank also operates SWX Coin, a cryptocurrency based on Bitcoin’s blockchain with single unit pricing is pegged directly to the median global price of premium hemp flower. The Swissx Global Hemp Exchange will also provide
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Retail Cannabis Hits Kelowna Today Through Hobo Recreational Cannabis Store
KELOWNA, British Columbia, July 25, 2019 (GLOBE NEWSWIRE) — Hobo Recreational Cannabis Store (“Hobo Rec.”) the new cannabis venture from hospitality company, Donnelly Group, today announces the opening and launch of its first retail store in Kelowna, British Columbia. Located at 2121 Springfield Road, the Hobo Rec. store is a first for Kelowna, giving residents legal, retail
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