Marijuana Business News

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stocks
business
Wed
05
Aug

Corruption in the Cannabis Industry

It seems the latest corruption scandals in the cannabis industry could be just the tip of the iceberg.

On December 19, 2019, an undercover FBI agent attended a meeting with two Calexico city officials, Bruno Suarez-Soto and David Romero.

He presented himself as a representative of investors seeking to open a cannabis dispensary in Calexico.

Wed
05
Aug

Canada to host workshop on setting global cannabis safety standards

s legal cannabis markets continue to expand rapidly across the globe, Canada is uniquely positioned to develop international safety guidelines for the emerging industry.

On Tuesday, safety science consultant firm UL said it has teamed up with the Standards Council of Canada to host a workshop to address the safety, security and sustainability of the global legal weed industry.

The workshop will kick off in November and cover three distinct areas:

Wed
05
Aug

Too much of a good thing? Torontonians concerned about 'clusters' of cannabis stores

A group of dispensary owners hoping to set up shop in the same one-block area has provoked some Torontonians to ask the Alcohol and Gaming Commission to look more closely at the proximity rules governing the city’s cannabis retailers.

Tue
04
Aug

This Is the Top Marijuana Stock to Buy in August

If you think the stock market has gone for a wild ride over the past five months, take a closer look at how marijuana stocks have performed over the past couple of years.

Through the first quarter of 2019, investors could have thrown a dart while blindfolded at a list of publicly traded pot stocks and had a good shot at landing a triple-digit return. With tens of billions of dollars in black market weed sales conducted each year, the prospect of steadily moving these sales to legal channels proved more than enough to excite investors.

Tue
04
Aug

COVID Causes Rise In Cannabis Consumption

The differences between Baby Boomers (i.e. those born during a marked rise in birth rate, thought to be 1946-1964) and Millennials (born 1981-1996 or thereabouts) vary from the subtle to the stark. With the common friction points of politics, economics, and culture escalating to bare-knuckled debates over human rights and life-or-death public safety issues, polarization is increasing both within and between these generations.

Tue
04
Aug

Weighing The Risks And Rewards Of The Current Cannabis Investment Landscape

Events over the last nine months have created an opportunity for investors new to the cannabis space. The recent restriction of capital, coupled with the halting of the economy due to the COVID-19 crisis, has resulted in the creation of distressed cannabis assets in need of funding.

Given the steep discount in company valuations, now could be one of the best times in history to invest in the cannabis space.

Mon
03
Aug

2021 Could Be A Good Year For Marijuana Stocks

New Factors Could Help to Push The Cannabis Industry Forward

Mon
03
Aug

Cannabis Breeders Are Widely Undervalued. This Company Wants To Change That

Exceptional cannabis doesn’t just miraculously appear. Many materials and resources must be successfully manipulated before a top-shelf cannabis product can be harvested or manufactured. Nature must be nurtured. Yet, one of the most significant factors that will determine a cannabis plant’s quality (and therefore its value) is its genetics. 

Mon
03
Aug

The pandemic is eating away at the illicit marijuana market

The legal marijuana industry has spent years battling illegal sellers who have eaten away at its market share and undercut its prices.

But the coronavirus has proven to be a boon for legal pot shops, as customers fear the risks associated with inhaling questionable products and are nervous about letting sellers into their homes.

Mon
03
Aug

The CBD “Industry” Is Here To Stay

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