Tag: cannabis industry

When cannabis is legalized, a lot is at stake for the existing, state-level industry. The entrepreneurs who make up weed’s $33.8 billion market are predominantly small business owners. A new report s ...

Before Canada legalized recreational cannabis in October 2018, there was considerable debate about its potential effects. Some predicted it would trigger an economic “goldrush,” while others worried ...

Jamaica revised its ganja laws to build a legal medicinal cannabis industry with the hopes of exporting to the world. Many assumed that Jamaica, and the historically marginalized traditional ganja gr ...

Thanks to the most lenient policies in California for recreational marijuana, Santa Barbara county is now the state’s undisputed capital of legal cannabis, boasting more acres than each of the the st ...

As Jamaica continues to promote medicinal cannabis to attract investors and spur the industry's development, entrepreneurs face significant hurdles due to the fact that, while their businesses are le ...

2023 may be the year of his first legal cannabis harvest in Morocco. After years of semi-underground, Aziz has decided to move over to "the legal side." The farmer from the Rif, a mountainous region ...

The opportunity to commercialise the hemp and cannabis industry in South Africa is that it is a new, fast-growing, multi-billion dollar sector with local and international markets. The potential lega ...

Some local ganja farmers are fuming over reports that a licence has been granted to a company to import Canadian cannabis into Jamaica. Speaking inside the ‘Jamaica Cannabis Industry Forum’ WhatsApp ...

Canadian cannabis wholesale prices tumbled more than 40% last year as companies continued to work through stubborn supply gluts and struggling cultivators chose to sell off their unsold marijuana ins ...

Canadian cannabis producer Canopy Growth said it is closing its flagship cultivation facility in Smiths Falls, Ontario, and cutting more than a third of its workforce as part of a shift to an “asset- ...

Banning a plant with hundreds of industrial and medical uses was never going to work out well, but 2022 saw marijuana prohibition reach peak absurdity, not to mention peak confusion for consumers and ...

Through manipulating trust and exploiting public ignorance, cannabis charlatans – new and old – are trying to construct corporate empires, some of which appear to be based on corruption, collusion an ...

Many African states that persecuted citizens for cannabis related offences for years are now promoting legal cannabis production. Over the past five years 10 countries have passed laws to legalise pr ...

Benjamin Cadet stands among his plants in a white polo shirt bearing his company logo. He dons surgeon's gloves and handles the flowers carefully. They are full of pollen — ripe for the picking. The ...

Not too long ago, Ehud Olmert was trying to lead Israel to a historic peace agreement. These days, the former Israeli prime minister is pushing a different message: Legalize marijuana. Olmert is amon ...

Cannabis companies are selling off growing facilities, stores and warehouses as they try to better align their offerings with demand. Industry observers say demand for cannabis is high, but there are ...

Despite stagnant revenue, layoffs, facility closings and big losses, the top executives of some of the largest cannabis companies in Canada were awarded millions in bonuses and performance stock gran ...

Back in 2018, during those months before Canada legalized recreational cannabis, things were good for the pot industry. Companies were being hyped as pioneers in “the green frontier” and “proof that ...

In recent years several African governments have changed their stance and implemented policies that legalise cannabis cultivation, manufacturing and processing, mostly for the export market. In south ...

Congressional Democratic leaders filed a marijuana legalization bill last week aimed at remedying the injustices of the drug war. But my experience as a regulator overseeing the implementation of Mas ...

Tilray Inc. shareholders approved the merger with Aphria Inc., creating a cannabis powerhouse that’s both the largest medical marijuana company in Europe and a major player in Canada’s recreational m ...

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 major new business sector. Investors, however, thou ...

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-margin medical cannabis agreements in Europe represen ...

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, reveals that tobacco companies even then were anti ...

New York became the latest state to legalize recreational cannabis, and is poised to become one of the nation's largest markets. The multibillion-dollar business opportunity would be lucrative for ca ...