Business
The Budding Ganja Business
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Greenlane IPO: 5 things to know about the closest thing to a U.S. cannabis company to go public on Nasdaq
Wholesaler supplies vaporizer products and more to pot stores and head shops Greenlane Holdings Inc. plans to raise roughly $98 million through an initial public offering on the Nasdaq, which would arguably make it the closest thing to a U.S. cannabis company available for trade on a major U.S. exchange. The Boca Raton, Florida, company
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Maryland cannabis regulators tell dispensaries they need to open by Sept. 30 or else
Medical cannabis companies still struggling to open stores in Maryland will have their preliminary approvals to operate revoked by state regulators if they do not finalize their licenses and open their doors by Sept. 30. The Maryland Medical Cannabis Commission issued a bulletin Thursday alerting companies of the deadline and advising them to complete their final inspections by
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Why cannabis affects women differently to men
New research finds that cannabis affects women differently to men. The reason behind the difference lines up with the activities of different hormones. This explains why men are four times more likely to try cannabis; and why women are more vulnerable. The new research, which is timely in the era of increased legalization of cannabis
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American Cannabis Giant Curaleaf Stumbles In Public Trading Debut
Curaleaf Inc. products are displayed for sale at the company’s store in the Queens borough of New York, U.S., on Thursday, Oct. 18, 2018. Curaleaf, a Massachusetts-based company backed by Moscow banking veteran Boris Jordan with roughly 30 pot stores open in 12 states, is raising $350 million through a private placement that values the
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Alvit LCS, Bazelet team on medical cannabis Medical cannabis Photo: Shutterstock
Alvit is currently merging its cannabis growing activity into Tefen. Alvit LCS Pharma, which develops cannabis-based medical products, and Bazelet Pharma, Israel’s leading cannabis production and distribution company, have announced cooperation in the development of cannabis products. Alvit is currently merging its cannabis growing activity into Tefen (TASE: TFN), while Bazelet is in the final stages
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The Little Book of Cannabis packs a mighty punch
Amanda Seibert is an award-winning journalist and photographer based in British Columbia who covers the cannabis industry as one of Canada’s first cannabis-specific editors. Seibert is best known for her work with the Georgia Straight and Leafly. In her first book, The Little Book of Cannabis: How Marijuana Can Improve Your Life, Seibert explores common myths and misconceptions
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How The Cannabis Landscape Could Change Post Election
Voters in seven states will weigh in on 36 different cannabis proposals Tuesday, everything from the legalization of medical and recreational use to the definition of hemp to the tax on cannabis sales. All of these initiatives have the potential to change how cannabis is produced, sold and used. But there’s more than just those cannabis-specific
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Film director Francis Ford Coppola jumps into cannabis industry
Francis Ford Coppola is adding cannabis to his wine and hospitality empire. The famed film director has inked a licensing deal with the Humboldt Brothers, a Garberville business that owns Humboldt County marijuana farms, to produce a limited edition of three different cannabis flower strains. The Grower’s Series by Francis Ford Coppola will be available
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Where are the seeds? Cannabis stores across Canada face shortages
Canadians the age of majority in their province can grow up to four plants a household, yet there is no legal means to obtain seeds. Licensed cannabis producers have put filling Canadians’ pot demands ahead of their desire to fill pots. With federal legalization of recreational cannabis on Oct. 17, Canadians the age of majority
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Vancouver, Canada’s Marijuana Capital, Struggles to Tame the Black Market
VANCOUVER — In the pot-friendly city of Vancouver, illegal marijuana dispensaries outnumber Starbucks outlets, and among the most popular is Weeds, Glass and Gifts. There, in a relaxed space reminiscent of the coffee chain, jovial “budtenders” sell coconut chocolate bars infused with marijuana and customers smoke powerful pot concentrates at a sleek dab bar. When Canada legalized
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Work, investment in cannabis industry shouldn’t affect travel to U.S., lawyer says
People who engage in legal cannabis activities in Canada when pot becomes legal next month should not have to fear to cross the border into the United States says U.S. immigration lawyer Julie Kruger. Kruger was responding to a warning from a top official at the U.S. Customs and Border Protection Agency that anyone showing
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4 warnings for cannabis stock investors about buying into a new market bubble
One drawback of smoking weed is forgetfulness. Why else would investors, who just got badly burned by the cryptocurrency boom, be so willing to invest in pot stocks that are rising so fast? It is unusual to see multiple bubbles in offbeat asset classes so close to each other. But this is exactly what happens
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You Can Get Cannabis In Your Coffee. But Does Is It Really Do Anything?
As marijuana is legalized in more and more states, the wellness world has whipped itself into a frenzy over a non-intoxicating cannabis derivative called cannabidiol. CBD products can be found on the internet and in health-food stores, wellness catalogs and even bookstores. (A bookstore in downtown Boulder, Colorado, displays a case of CBD products between
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Here’s how big the legal pot business will be by 2020
Legal marijuana is already big business in America. Colorado alone sold more than $700 million worth of legal weed in 2014, its first full-year of legal recreational and medical sales. Three other states and the District of Columbia have legalized recreational marijuana. Twenty-three states and Puerto Rico have legalized medical marijuana, and the industry as
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Federal Prohibition Prevents Billion-Dollar Industry from Helping Economy
Farmers can yield, at most, $1,000 per acre from corn. Moonrise Extracts, an industrial hemp operation in Colorado, expects to reap tens of thousands per acre, from what started as a few dozen feral hemp plants. Moonrise Extracts was lucky to obtain local hemp seeds to start their plants. Seed procurement and local adaptation from
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The US potential of pot: marijuana from legalise to monetise
In the 19th century, American prospectors headed west to make their fortunes mining gold. Today, from California and Colorado to New York and Massachusetts, US states are seeing a “green rush” as entrepreneurs and investors stake their claims in the legal marijuana market. Legal sales of cannabis for medical purposes and “recreational” consumption in the
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A Day After World Weed Day, Modi ‘Weed Energy’ Video Gets Everyone High
On this slightly lazy Tuesday when everybody is still recovering from 4/20 (World Weed Day), we found something to keep the spirits high. That’s a bit of goofy video editing, and (maybe Modi telling us to grow that stuff). In other news – an Indian lawyer quoted the Vedas to fight for weed legalisation in
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Willie Nelson getting into the marijuana business
Country music legend Willie Nelson doesn’t only sing about marijuana anymore, he’ll soon be selling it. Nelson’s brand of the drug is called “Willie’s Reserve” and will be grown and sold in Colorado and Washington state, where recreational pot smoking is legal. Nelson plans to work with growers and local retailers in both states to
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New Colorado Radio Station K-HIGH Devotes All Airtime To Marijuana
A Colorado radio station has become the first and only station in North America to dedicate its airtime exclusively to marijuana — and calls itself (wait for it) K-HIGH. Three weeks ago, K-HIGH was a Fox Sports affiliate, but its station owners wanted to try something different. They decided to capitalize on the growing popularity of marijuana after the state legalized recreational use
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Eaze To Deliver Cannabis Products To Your Door Step Within No Time
An American company came up with “Uber for weed.” Are you surprised? A startup called Eaze now enables patients prescribed with marijuana to easily order its products online and have the drugs delivered to their door step. Last year, the company had raised $1.5 million funds in order to initiate a business structure. Further, the
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Boom in Bitcoin Adoption by Marijuana Dispensaries
The usage of Bitcoin ATMs and vending machines could increase among marijuana dispensaries, predicts Green Rush Review. In its recent promotional press release, the medical marijuana news website blamed the absence of proper banking infrastructure as one of the major reasons why cannabis businesses would move towards other bankable options such as Bitcoin. It said:
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Denver officials trying to shut down about 60 marijuana growing co-ops
DENVER – Denver officials may shut down dozens of pot-growing collectives scattered across the city. Officials say they’re trying to shut down about 60 collective growing operations. The collectives are advertised as places to grow pot for people who can’t or don’t want to grow them at home. Many are not permitted by landlords or
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Special report, ‘Clearing the Haze:’ Black market is thriving in Colorado
A shrinking black market for marijuana was among the biggest benefits Colorado would realize from legalizing and regulating the drug, proponents of Amendment 64 promised in the months leading up to the state’s historic decision to sanction pot’s recreational use. After the first year of recreational pot sales, The Gazette takes a comprehensive look at
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