Items tagged with cannabis industry

Item title Description
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 ...
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 ...
SA and legal cannabis: profits should be reaped, but like any industry, there are also risks [21.01.2020] South Africa’s cannabis conversation is shifting into a new gear, with Finance Minister Tito Mboweni on the record as pushing for full legalisation. ...
Major Canadian pot companies facing proposed class-action lawsuits in the U.S. [19.01.2020] Some of Canada's biggest cannabis producers are facing proposed class-action lawsuits in the United States after investors were hit with steep financ ...
Pot industry heads to Davos as stocks rebound: Cannabis Weekly [19.01.2020] Tough times in the cannabis industry aren’t stopping its leaders from going to Davos. For the second year in a row, there will be a Cannabis House in ...
The Great Cannabis Crash of 2019 [14.01.2020] Bad news about the so-called "Green Rush" rolled in slowly at first, picking up steam around the end of last summer. Stocks started to dive. Layoffs ...
Birthplace of semi-legal pot risks falling behind U.S. [13.01.2020] Since the Netherlands decriminalized marijuana in 1976, Amsterdam’s “coffee shops” have become a destination for weed lovers from around the globe. B ...
Investors rush to bring weed to the masses [13.01.2020] Europe's first cannabis exchange-traded fund (ETF), the Medical Cannabis and Wellness ETF, dubbed CBSX, launched in Germany. A joint project of Purpo ...
Why is medical marijuana a high ranking priority for Thailand's military? [12.01.2020] South-East Asia is notorious for its brutal approach to policing drug use and production. But in Thailand change is afoot, as authorities seek to dev ...
Foreign assets could be next on the block for cash-hungry cannabis companies [10.01.2020] Two years ago, Canadian cannabis companies were racing to scoop up international assets, from swaths of fertile land in southern Africa to cultivatio ...
South Africa's black farmers fight to enter marijuana market [08.01.2020] Following the Constitutional Court's decision in 2018 to decriminalize the personal use and cultivation of cannabis in South Africa, there are concer ...
'There's just no money coming in': Cannabis sector bracing for wave of insolvencies in 2020 [31.12.2019] Cannabis industry insiders are bracing for a slew of bankruptcies in the coming year as small and medium-sized companies low on cash struggle to rais ...
Why Canada's cannabis bubble burst [29.12.2019] When Canada legalised marijuana just over a year ago, it seemed like anyone who was anyone wanted to break into the market. The media nicknamed the f ...
America’s marijuana growers are the best in the world, but federal laws are keeping them out of global markets [27.12.2019] After 20 years of experience, legal marijuana growers in the U.S. have a reputation for creating the best product in the world, scientifically grown ...
Peak pot? Thick haze dulls hype around cannabis startups [16.12.2019] The hype around cannabis startups in recent years intoxicated many investors. But poor balance sheets and plummeting share prices has made the comedo ...
Inside the billion-dollar race to patent cannabis [09.12.2019] The U.S. Patent and Trademark Office (USPTO) has already issued several patents for specific kinds of cannabis and for more wide-ranging “utility pat ...
CLA issues 50 cannabis licences in two years [08.12.2019] The four-year-old Cannabis Licensing Authority (CLA) reached another major milestone last week by issuing its 50th licence for medicinal use of the d ...
‘B.C. bud’ cannabis still underground, John Horgan hopes to rescue it [02.12.2019] British Columbia used to supply half of Canada’s marijuana, export it to the United States by the hockey bag, and bring home a bong-full of blue ribb ...
Inside the Walmart of weed [23.11.2019] With Canada the largest nation to completely legalize marijuana, the world’s most valuable pot company, Canopy Growth Corp., founded in 2013 and now ...
De Caires has high hopes despite pace of Cannabis Commission! [17.11.2019] Andre De Caires of the Cannabis Movement of St. Lucia is not satisfied with the pace at which the recently formed Cannabis Commission is working. The ...
Battered cannabis investors still seek bottom after Canopy plunges [15.11.2019] Canopy Growth Corp. led another mass selloff in the Canadian cannabis space after an earnings miss had investors once again looking for a bottom in t ...
Canadian cannabis group appeals to Trudeau to help fix industry challenges [15.11.2019] An industry group representing Canada’s biggest cannabis companies is appealing to Prime Minister Justin Trudeau to help address some of the industry ...
Government throws its weight behind medical cannabis sector [13.11.2019] With the issuance of a wide-ranging ministry report on the medical cannabis industry, Israel is for the first time making clear its intention to back ...
Cannabis in Thailand: How far will the green gold rush go? [07.11.2019] Thailand made headlines all over the world last December when it became the first country in Southeast Asia to legalize cannabis for medical use and ...
Reasons marijuana legalization seems to be failing [05.11.2019] When it was first proposed, the concept of marijuana legalization seemed solid enough. Take the world’s most popular illicit substance, establish a t ...
All dried up: How Bay Street cashed in on the cannabis frenzy before the carnage [01.11.2019] The warning signs were there all summer, but it wasn’t until the first business day of September that the reckoning arrived for Canadian cannabis com ...
Glimmer of hope for cannabis industry as talks continue with US [31.10.2019] Permanent secretary in the Ministry of Investment, Commerce, Agriculture and Fisheries Dermon Spence has indicated that there could be headway in sig ...
As Russian money poured into cannabis, Giuliani allies scrambled to partake [23.10.2019] Federal law still treats cannabis as an illegal substance, and traditional banks have been wary of getting involved. Wealthy financiers have moved in ...
Small-scale outdoor growing is firing up Legalization 2.0 [23.10.2019] Mark Spear might be a thorn in the side of the Canadian weed industry. Or he may be a heel. He certainly stands out when it comes to gently pissing o ...
South Africa’s budding cannabis industry is waiting for regulations to catch up [20.10.2019] South Africa’s budding cannabis industry has made huge strides over the last year since the Constitutional Court upheld South Africans’ right to priv ...
A year in the weeds: Why the cannabis industry didn't take off the way everyone planned [15.10.2019] Dozens of legal cannabis producers, backed by billions in investor capital, were expected to put the black market on its heels, launching Canada to t ...
Jamaica joins global stock markets in bracing for impact of Cannabis Banking Bill [11.10.2019] The Jamaica Stock Exchange (JSE) has joined other stock markets across the globe in bracing for the impact of the Cannabis Banking Bill, which is cur ...

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