Items tagged with cannabis industry
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After ‘Green Rush,’ Canada’s legal pot suppliers are stumbling [18.04.2021] | When Prime Minister Justin Trudeau’s government’s legalized marijuana in 2018, a primary goal was to create a more equitable justice system — not a m ... |
A Sustainable Future for Cannabis Farmers [16.04.2021] | Learn how lessening the barriers for small farmers while raising them for large companies can help to steer legal cannabis markets in a more sustaina ... |
This cannabis giant has European targets in its sights ahead of U.S. legalization frenzy, CEO says [12.04.2021] | Cannabis deals in Europe will help pot giant Aphria build up a war chest ahead of an expected frenzy of mergers and acquisitions in the U.S. High-mar ... |
Big tobacco is coming for legal marijuana [08.04.2021] | Big Tobacco has been planning for this moment for decades. A 1983 industry list titled New Product Ideas, made public as part of a court settlement, ... |
New chairman of CLA wants ganja industry to earn maximum benefits globally [02.04.2021] | Reforming the Cannabis industry into one which earns maximum benefits globally, is the goal of newly appointed Chairman for the Cannabis Licensing Au ... |
New York legalizing weed could mean big things for the future of the cannabis industry [01.04.2021] | New York became the latest state to legalize recreational cannabis, and is poised to become one of the nation's largest markets. The multibillion-dol ... |
Cannabis: Black farmers to ‘shut down’ regulator [23.03.2021] | The Black Farmers' Association of South Africa (BFASA) have threatened to shut down the regulatory authority for allegedly excluding them from opport ... |
Mexico’s lower house approves recreational cannabis bill [11.03.2021] | Mexico’s lower house has approved a bill that would legalise the recreational use of cannabis, putting the country on the path to becoming one of the ... |
BAT looks beyond tobacco to Canadian marijuana [11.03.2021] | British American Tobacco said it will buy a nearly 20% stake in Canada-based cannabis producer Organigram for about 126 million pounds ($175.8 millio ... |
How tobacco giant Altria is becoming a cannabis company [09.02.2021] | Altria, one of the world’s biggest tobacco companies, is well on its way to also being one of the world’s biggest and most influential cannabis compa ... |
‘There’s no stopping the industry now’: Democratic control is a big win for marijuana [31.01.2021] | Cannabis companies are positioning themselves for the greater likelihood that federal cannabis restrictions will be loosened significantly. Sales are ... |
Mexico moves to create world’s largest legal cannabis market [12.01.2021] | Mexico’s health ministry published rules to regulate the use of medicinal cannabis, a major step in a broader reform to create the world’s largest le ... |
How state marijuana legalization became a boon for corruption [27.12.2020] | In the past decade, 15 states have legalized a regulated marijuana market for adults over 21, and another 17 have legalized medical marijuana. But in ... |
After blockbuster Aphria-Tilray merger, world’s largest cannabis company eyes U.S. market [18.12.2020] | Tilray and Aphria, two of the biggest marijuana companies in Canada, announced plans to merge and create the world’s largest cannabis outfit. With ex ... |
Swiss cannabis market - a delicate balancing act [01.12.2020] | Producing and selling hemp inflorescences (clusters of flowers on a stem) with a low THC content has been legal in Switzerland since 2017. However, t ... |
Mexico may become the third country to legalise cannabis [21.11.2020] | On November 19, the Senate began debating a bill that would make Mexico the third country in the world, after Uruguay and Canada, to legalise cannabi ... |
Mexico is poised to legalize marijuana, but advocates don’t like the details [08.11.2020] | It's the moment for which advocates of legal marijuana here have been waiting: Mexican lawmakers, working under a court order, have until mid-Decembe ... |
Black and Indigenous entrepreneurs struggle for traction in Canada's cannabis industry [17.10.2020] | A policy brief by the Centre on Drug Policy Evaluation and the University of Toronto looked at c-suite level executives, parent companies and license ... |
Mexico, plagued by cartel wars, on cusp of legal cannabis 'green rush' [01.10.2020] | Senate majority leader Ricardo Monreal expects a law to be passed before December for recreational use of the drug, allowing regulated private firms ... |
Cannabis: A rush to corporate capture? [30.09.2020] | Finance minister Tito Mboweni expects the newly legal cannabis industry to pour an estimated R4 billion into the government’s dwindling tax coffers w ... |
Draft cannabis bill ‘completely misses the mark’ [23.09.2020] | Two years ago, the Constitutional Court of South Africa decriminalised the possession and cultivation of cannabis in private by adults for personal p ... |
eSwatini: A brief tale of two laws [18.09.2020] | The U.S. company Stem Holdings reported in 2019 that it had “received preliminary approval to become the only licensed growing farm and processing pl ... |
Reputation, revenue at stake as Brazil weighs legalization of cannabis cultivation [18.09.2020] | Brazil has fast-tracked a draft law that would legalize the cultivation of medicinal cannabis and industrial hemp. South America’s largest economy le ... |
Cannabis Regulation and Development [09.09.2020] | Significant policy shifts have led to an unprecedented boom in medical cannabis markets, while a growing number of countries are moving towards the l ... |
Canopy Growth CEO’s partial-year compensation tops CA$45 million [11.08.2020] | Canopy Growth’s chief executive earned 1,042 times more than the median compensation for the cannabis producer’s other employees in fiscal 2020. The ... |
It could take 10 years to measure the impact of legalising weed [11.08.2020] | The referendum on legalising recreational cannabis use is just over a month away. Campaigns for and against the change are well under way. We’ve had ... |
King Mswati, Stem Holdings and the multi-billion political dagga cold war [01.08.2020] | King Mswati allegedly entered into a deal with Stem Holdings and manipulated provisions of the Prevention of Organized Crime Act (POCA) by unleashing ... |
Uzbekistan returns to its roots with cannabis cultivation [21.07.2020] | Central Asia has a great climate for growing cannabis. The plant, which is indigenous to the region, blankets hillsides and reveals itself stubbornly ... |
Thousands more pot shops needed to end illicit market: Fire & Flower CEO [06.07.2020] | Canada needs to open as many as 4,000 cannabis stores, more than triple the current number of licensed outlets, if policymakers want to eliminate the ... |
Cannabis Bill controversy: Did dagga growers influence MPs? [21.06.2020] | Did dagga growers influence MPs? The withdrawal of the Opium and Habit-Forming Drugs (Amendment) Bill No.06 of 2020 in the House of Assembly, has rai ... |
Growers association calls ganja industry a failed experiment [15.06.2020] | The Ganja Growers and Producers Association (GGPAJ) says despite the success of several Cannabis Licensing Authority (CLA) operators, Jamaica's regul ... |
Cannabis companies are finding it tougher than ever to navigate the market [02.06.2020] | Some of the biggest cannabis players when legalization took effect 20 months ago have successfully held on to their dominant positions, despite a yea ... |
Lavish parties, greedy pols and panic rooms: How the ‘Apple of Pot’ collapsed [24.05.2020] | MedMen looked to become the Apple of pot, the first mainstream, nationwide consumer brand for the product that drove so many Americans to ingest and ... |
As cannabis market softens, some investors pulling back [24.05.2020] | Aurora, a Canadian listed cannabis company, has sold its Jamaica asset for less than its CDN$4.5 million valuation in order to get cash. “The compan ... |
Licensed retail herb houses can now sell to qualified patients online [16.05.2020] | The Cannabis Licensing Authority (CLA) has established interim measures to facilitate online sales by licensed retail herb houses to registered patie ... |
Cannabis in high demand amid coronavirus pandemic [05.05.2020] | According to cannabis industry analytics firm Headset, pot sales in the United States spiked in mid-March, with sales growth peaking at 64% in the we ... |
Canopy Growth exits cannabis cultivation on three continents in major international pullback [16.04.2020] | Canopy Growth is ceasing cannabis cultivation in Africa, Canada, Colombia and the United States in a bid to “improve efficiencies” in its global oper ... |
Cannabis bankruptcies start to roll in as pandemic halts financing [06.04.2020] | The cannabis bankruptcy filings are starting to roll in. Already plagued by a tough regulatory environment, disappointing sales and capital markets t ... |
Stoners cheered when Canada legalised cannabis. How did it go so wrong? [05.04.2020] | Two years on, the Canadian cannabis legalisation experiment hasn’t quite turned out as we reformers had hoped. The black market is still vibrant whil ... |
Missed earnings, misdirection put Canadian cannabis executives in hot seat [01.04.2020] | The exodus of cannabis executives in Canada is in full swing after their companies raked up collective net losses exceeding CA$6 billion ($4.4 billio ... |
Cannabis scientists are chasing the perfect high [01.04.2020] | The cannabis business has arrived at a critical moment. Now that pot has become something like a regular consumer product, customers are increasingly ... |
Big cannabis in the UK [18.03.2020] | The BMJ has uncovered links between companies, campaign groups and individuals lobbying for wider patient access to cannabis for medical use and a pa ... |
'The legal stuff is garbage': why Canada's cannabis black market keeps thriving [18.03.2020] | Cannabis may be legal in Vancouver but visitors looking to score are likely to run into a seemingly counterintuitive suggestion: try the black market ... |
Gov’t assisting transition of traditional ganja growers to legal industry [25.02.2020] | Minister of State for Industry, Commerce, Agriculture and Fisheries, Floyd Green, says the Government, through its Alternative Development Programme ... |
A 70/30 split on investment in medical cannabis industry [22.02.2020] | Minister of Agriculture and Food Security Indar Weir is making it clear that 30 per cent of any investment coming to Barbados for the medicinal canna ... |
Mboweni says ‘legalize it!’ as he dares cops to arrest him for growing dagga [03.02.2020] | In a series of tweets on Sunday, Finance Minister Tito Mboweni uploaded photos of dagga plants growing on his farm in Limpopo, which he explained wer ... |
'This was supposed to be reparations': Why is LA's cannabis industry devastating black entrepreneurs? [03.02.2020] | A Los Angeles government program set up to provide cannabis licenses to people harmed by the war on drugs has been plagued by delays, scandal and bur ... |
FP Dealmakers: ‘There are going to be bankruptcies' [30.01.2020] | The one thing Bay Street’s top cannabis bankers are all in agreement about is how difficult it has become for the pot sector to raise money over the ... |
Another cannabis company teeters on the edge [29.01.2020] | Last week was a wild one for MedMen, the multistate cannabis retailer based in Culver City, California. As CEO Adam Bierman was getting ready to do a ... |
Cannabis companies could go bust in 2020, industry insiders predict [21.01.2020] | What a difference a year makes. Around this time in 2019, the cannabis sector was booming. Investors wanted in and stock prices were skyrocketing. To ... |
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