In order for the legal cannabis industry to continue maturing into adulthood, Canada needs to redefine its position on the quality of the products being produced.

Saturday, October 17, marked the two-year milestone of Canada becoming the first G7 country to legalize adult-use cannabis federally with the adoption of the Cannabis Act. Since then, the country’s cannabis industry has seen a rapid expansion.

A small farm in upstate New York is working to revolutionize the organic farming industry, starting with supporting their local ecosystem while growing, among a variety of grains, hemp — the plant behind the multi-million dollar CBD industry.

Hemp, a species of cannabis that does not create a marijuana-like high, has an ancient history with usage dating back centuries.

Ben Banks-Dobson, who runs Stone House Farm's 2,600-acre operation, is hoping to help the Earth while promoting the unique plant and its variety of uses.

"Hudson Hemp was born out of a transition from conventional to organic farming," he told CBS News' Michelle Miller. "Our corn and soybeans only goes into chicken and hog feed for local farms selling their meat locally."

In states across America where cannabis is legal, dispensaries and pot boutiques have been deemed essential during the COVID-19 pandemic.

It’s a decision that may have baffled those who don’t partake but it made perfect sense, from a public health perspective.

As a cannabis grower, small increases in your profit margins can make a big difference in the success of your business. And if you want to scale your operations, you need to focus on getting the small details squared away.

As cannabis becomes destigmatized as a legitimate industry, it’s imperative that growers and retailers become even more focused on cleaning up business processes and optimizing for profitability. Here are some specific ways you can do just that:

Toronto-based Supreme Cannabis Company has signed a supply deal with Shoppers Drug Mart subsidiary, Medical Cannabis by Shoppers Inc.

Supreme Cannabis has several brands in its portfolio, including 7Acres, Blissco, and Sugarleaf. The supply deal, however, is focused on Truverra-branded medical cannabis products.

Truverra, which positions itself as a global medical cannabis company, was acquired by Supreme Cannabis last year.

The wild ride investors had once grown accustomed to in the pot sector is now back.

After a rally on Friday and early this week, cannabis stocks have see-sawed as mixed earnings results from some of the sector’s biggest companies offset optimism that a Joe Biden presidency will be favorable to the industry.

A measure of 10-day volatility on the ETFMG Alternative Harvest exchange-traded fund, commonly known as MJ, has hit its highest level since the pandemic-driven market rout earlier this year. Prior to that, the last time the ETF was as volatile was in 2018.

Will Marijuana Stocks Continue to Perform Into 2021?