North America

Fri
07
Feb

Aurora Cannabis CEO Terry Booth to step down as company takes writedowns of up to $1 billion

Licensed producer Aurora Cannabis Inc. announced that it’s long-serving chief executive Terry Booth will be stepping down from his position, to be replaced temporarily by current executive chair, Michael Singer. Booth will remain on the company’s board and serve as strategic advisor to Aurora.

A search for a permanent CEO is ongoing, the company said.

The announcement came just days before Aurora is due to report quarterly earnings. The pot producer’s stock was halted at approximately 1.30pm EST after rumours of Booth’s departure began circulating on social media.

Thu
06
Feb

Six Amazon Prime documentaries about Canadian weed

Weed’s got a lot to do with this selection on Amazon Prime.

Not missing out on the green buzz that took hold of Canada on Oct. 17, 2018, the video-on-demand subscription service has a host of Canadian weed centric documentaries. Here are some that might make for a movie marathon.

Doobious Business (2019)

Duration: 1h 27m

“I hope from this documentary they’ll [society] see a hard working family man.” Amazon Prime

Thu
06
Feb

Could CBD Cause Impaired Driving?

Now that the entire nation is presumably hopped up on CBD, are the roads even safe to travel on anymore?  

Cannabidiol, the non-intoxicating cannabis compound best known by its three-letter abbreviation CBD, is perhaps the most crucial discovery of mankind since the dawning of rolled toilet paper. Well, let’s not get carried away. Where would we be without that stuff, am I right?

Thu
06
Feb

These 3 Pot Stocks Were Rocked in January, but Now They're Bargains

If you were a marijuana stock investor in 2019, chances are you couldn't wait for the year to end. Despite galloping to incredible gains during the first quarter, pot stocks spent the remaining nine months of the year in a precipitous downtrend. When the curtain closed on 2019, most cannabis stock were at or near their yearly, or multiyear, lows.

The good news is that 2020 began a little better for cannabis stocks. Through January, the Horizons Marijuana Life Sciences ETF, a basket fund with four dozen holdings of various weightings, fell just $0.01. That's improvement, considering how badly marijuana stocks had been pummeled of late.

Thu
06
Feb

The new ‘runner’s high’: the benefits of mixing cannabis and exercise

A study of cannabis users found 82% of people partaking in exercise use cannabis before or after their workout, reporting it increases enjoyment, enhances recovery, and heightens motivation.

Is cannabis the new ‘runners high’? Eight out of 10 cannabis users (in states where it is legal) say they partake in the drug shortly before or after exercise. Most reported that it motivates them to work out, helps them enjoy exercise more and improves their recovery, according to University of Colorado Boulder research.

Thu
06
Feb

5 Financial Forecasts For Medical Marijuana

One thing is certain: The numbers are telling a very compelling story for following and perhaps investing in marijuana for years to come.

Researchers and financial analysts are forecasting unprecedented growth both in the United States and global markets; we’ve moved a long way from “reefer madness,” to legal dispensaries.

Many pundits and skeptics are asking how many more financial ceilings can marijuana break. The truth is, medical marijuana and CBD are forecasted to rise even more in the next ten years. How much more? Here are five remarkable numbers we found on marijuana’s staggering growth:

Thu
06
Feb

Future Cannabis Industry Leaders Will Focus on Sustainability and Social Impact

The global legal marijuana market is predicted to reach $66.3 billion by the end of 2025. Many businesses and brands have emerged with the objective to secure a piece of that colossal greenback pie.

As with any new market, there will be those brands that rise above the rest. As sustainable and ethical business practices increasingly fuel consumer spending habits and investors’ decisions, significant competitive advantage is available to businesses that invest in sustainability and social impact efforts.  

Wed
05
Feb

A new way of thinking: teaching clinicians and patients about cannabis

Cannabis is disrupting the way we look at medicines – but more people need to be educated about cannabis before it becomes commonly accepted as a medicine.

Patient access to medical cannabis prescriptions in the UK is not easy to obtain. Only a handful of patients are currently receiving cannabis through private prescriptions, and very few clinicians are actually able to contextualise the use of medical cannabis or CBD for their patients.

Wed
05
Feb

Cannabis And HPV: Friend Or Foe?

With ever-climbing HPV-positive cancer rates, research on the effect CBD and THC has on the human papillomavirus can’t come soon enough.

Often called the common cold of the sexual world, the Centers for Disease Control states that HPV has infected over 79 million individuals worldwide. Both prevalent and highly contagious, HPV tends to thrive on porous skin located in the throat, anal cavity, cervix and tongue, making it extremely difficult to test and eradicate around the world.

Wed
05
Feb

How People Are Still Getting Busted For Marijuana At Airports

Getting busted with anything more than an ounce of cannabis in most parts of the U.S. is destined to get an unsuspecting traveler arrested and jammed up in the criminal justice system.

The legalization of marijuana in just a handful of states has made Americans gutsy when it comes to breaking drug trafficking laws. Ever since the Transportation Security Administration (TSA) came out and said that they “do not search for marijuana,” more toking travelers have been using the airways to smuggle weed from legal states into areas of prohibition.

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