The events of recent months – which, at no risk of ambiguity, will not be discussed here – have created something of a roadblock for nearly every industry that was, just twelve months ago, thriving in the global marketplace. 

Not least among those industries is the world of travel and tourism which, on both a local, national and international level, has ground to a halt for nigh-on twelve months. 

There are plenty of ideas swirling about the best ways to restart the world of travel when circumstances allow, and forecasts for how that side of life will have changed for good. The notion of harnessing the new freedom surrounding marijuana usage holds plenty of potential for the industry, and offers an exciting new normal for millions of people. Read more below. 

Canadian marijuana company Canopy Growth (NASDAQ:CGC) will be directly active in the U.S. market inside of a year. That's according to CEO David Klein, who is banking on the environment for cannabis businesses in the U.S. to improve markedly in the proximate future.

"What we really need is some combination of SAFE Banking, a revised Cole memorandum, and a reclassification by the executive branch, all of which ... probably happens in the next six to eight months anyway," he said in an interview Friday with Canadian business news organization BNN Bloomberg.

Ontario’s provincial cannabis retailer will soon stop carrying products that don’t meet certain sales targets and introduce a "craft designation" to boost smaller licensed producers.

The strategy, which was outlined in a webinar Friday for Canadian cannabis producers, will see products sold through the Ontario Cannabis Store (OCS) be required to meet weekly sales targets consistently or face delisting from store shelves. 

Read entire article at Technical 420

To follow up on the first publication from a planned series of articles that are focused the global cannabis opportunity in 2021, we want to highlight the Canadian cannabis concentrate market.

In our opinion, this is an under-appreciated vertical of the Canadian cannabis market that has substantial growth prospects. Following the legalization of cannabis 2.0 products in late 2019, we noticed a substantial increase in demand for cannabis concentrates as well as products that are made by cannabis concentrates.

The global cannabis industry has grown massively since its birth. Cannabis processing is currently being done in large factories.

The FRITSCH team in the lab. Photo courtesy of FRITSCH Inc.

Unfortunately, even with the progress made, machinery for processing is often made without consideration for the specific materials being processed.

At the moment, the consensus on processing cannabis is that it requires heavy machinery.

Clearly, for millions, a brief glance in the rear-view mirror for 2020 is best left as just that…a glance. It had been, for more than nine, long months, one of the most challenging years in recorded history. The COVID-19 pandemic, it’s path of destruction in lost lives, displaced workers and students, along with a myriad of bankrupt industries has continued to wreak havoc across the globe.

But along the way, enterprising individuals and forward-thinking companies found a way to help people cope with and actual profit from the economic downturn wrought by the novel coronavirus. And as is in all doom and gloom scenarios, there is usually a light at the end of the tunnel, and this case a safe and effective vaccine that will hopefully eradicate the virus once and for all.

Rubicon Organics Inc., which runs a 125,000-square-foot greenhouse cannabis greenhouse facility on 104th Street in East Ladner, this week announced it has received its first purchase order from the Société québécoise du cannabis to sell a cannabis brand exclusively for Quebec.

The brand will include both flower and hash.

Rubicon earlier said it was already ramping up production capacity to 11,000 kilograms per year of organic certified and environmentally sustainable cannabis.

The company last summer announced it received approval from Health Canada for certain site amendments.

The amendments address the expansion of the licensed area to include an 11-acre outdoor grow site on Rubicon’s 20-acre property in Delta.

“This is just another way for a celebrity to leverage their own brand equity and to be crass to make money,” according to one industry insider.

This year, the cannabis world has welcomed so many famous people. Some decided to become part of the industry as brand ambassadors, while others launched their own brands. Musicians, actors and athletes have expressed their love for the plant.

But why now?

Was it because the stigma around cannabis has faded more than ever before? Or, was it because of industry growth, which thus presented lucrative opportunities?

Canadian Marijuana Stocks Moving Forward

There’s little doubt in my mind that the future of the pot stock market lies in U.S. marijuana stocks. I’ve written about the growth potential in that segment time and time again.

I wouldn’t blame you, dear reader, if you had gotten the impression that Canadian pot stocks, by contrast, were no longer of interest. But that couldn’t be further from the truth. Canadian marijuana stocks still have plenty of potential; they just need to be handled a little more deftly compared to U.S. pot stocks.

The Canadian marijuana market has made many millionaires over the past few years (and even a billionaire or two). It’s that potential for investor profit that led us to create the Marijuana Millionaire newsletter.