News and Press

December 21, 2018

The world’s biggest beer company is looking at making cannabis drinks

Could Budweiser drinkers soon be swapping beer for pot? AB InBev (BUD), the world’s biggest brewer, said Wednesday that it’s teaming up with Canada’s Tilray (TLRY) to research […]
December 20, 2018

West Hollywood Approves Cannabis Cafes and Consumption Lounges to Open in 2019

In a surprise announcement yesterday, West Hollywood released the names of businesses sure to up the city’s cannabis game beginning in 2019. The City spent seven months screening […]
December 19, 2018

New Zealand Says Voters Will Decide Whether Cannabis Is Legalized

New Zealand is known for its tourism campaigns emphasizing what a clean, green country it is, and after 2020 it might be even greener: A referendum […]
December 19, 2018

Legal cannabis lounges booming in San Francisco

San Francisco is already known for its lively bar scene and now it has some new competition. Cannabis dispensaries are opening pot lounges, where people can […]
December 18, 2018

Cannabis A Wide-Open Space For Female Pioneers

American women hold nearly 27% of leadership roles in legal cannabis, a noticeable improvement over the 21% they hold in traditional businesses. As the industry expands with legalization in additional […]
December 18, 2018

It’s Time To Remove Cannabis From The Federal Drug Schedules

When the Controlled Substances Act (CSA) passed almost 50 years ago, it created a classification system, known as drug schedules, that prescribe how the federal government […]
December 18, 2018

Cuomo Moves to Legalize Recreational Marijuana in New York Within Months

Gov. Andrew M. Cuomo announced that he would push to legalize recreational marijuana next year, a move that could generate more than $1.7 billion in sales […]
December 17, 2018

Candy can stay in Washington, but toning down the colors

The Washington State Liquor and Cannabis Board has approved a policy limiting the colors and shapes edibles makers can use in hopes of avoiding candies that […]
December 17, 2018

Cannabis retailers are rolling into the holiday spirit

As Arkansas is moving closer to medical marijuana, demand for recreational pot keeps growing around the nation. Now, one unique alternative, is legal in several states. […]
December 17, 2018

Predictions For Cannabis 2019 From Entrepreneurs On The Front Lines

Ten states encompassing more than half the US population, will now have access to legal recreational marijuana. Canada went legal this year and Israel continues to […]
December 17, 2018

Farmako plans to become integrated in every European country with a legal basis

The Frankfurt-based pharmaceutical company Farmako is a research-based pharmaceutical company that distributes medical cannabis. The company is active in all European markets that have created a legal basis […]
December 17, 2018

What’s Next for Cannabis Businesses?

Congress Passed the 2018 Farm Bill, Legalizing Hemp. Industry stakeholders anticipate increased investment into the industry, as well as massive growth in hemp research, cultivation and […]
December 17, 2018

The cannabis-derived product is the next big thing in luxury beauty

At Miss Grass, wellness junkies can stock up on $150 facial serum infused with cannibidiol (CBD), $55 hemp and sage honey and a rose gold CBD […]
December 14, 2018

Legal Marijuana Market Worth $146.4 Billion by 2025

The global legal marijuana market is expected to reach USD 146.4 billion by end of 2025, according to a new report by Grand View Research, Inc. Growing adoption […]
December 14, 2018

Aphria signs exclusive supply agreement to supply medical cannabis in Paraguay

Canadian cannabis company Aphria Inc. APHA, -9.51% APHA, -9.98% said Thursday it has signed a letter of intent for an exclusive supply agreement with Insumos Medicos SA to supply medical cannabis […]
December 14, 2018

When the Makers of Marlboro and Corona Get Into Marijuana

Proponents of legal marijuana spent decades fighting a slow battle for mainstream acceptance. Now, with recreational use legal in Canada and many states in the United […]
December 12, 2018
European parliament set to vote on medical cannabis resolution

European parliament set to vote on medical cannabis resolution

After years of advocacy efforts, MEPs will vote on a resolution to review the current legislative state of cannabis and increase funding for scientific research. The […]
December 12, 2018
Scientists search for marijuana's holy grail - consistent highs

Scientists search for marijuana’s holy grail – consistent highs

Holiday shopping was in full swing Friday at a boutique on Santa Monica Boulevard, where an automatic sliding door welcomed browsers off the street. Inside the […]
December 12, 2018
Sproutly's Water-Soluble Cannabis Technology Is Making Waves In The Marijuana Industry

Sproutly’s Water-Soluble Cannabis Technology Is Making Waves In The Marijuana Industry

The global trend toward marijuana legalization has resulted in explosive growth in cultivation and consumption. In fact, before the wave of legalization, as long ago as […]
December 12, 2018
Generous Cannabis

Generous Cannabis: Charity Begins At Home, But Sometimes Finds A Better Reception Abroad

It wouldn’t be too much of a stretch to call 2018 the year of cannabis. From the availability of a wide array of new recreational marijuana […]
December 12, 2018
Even farmers are shifting from tobacco to hemp and CBD

Even farmers are shifting from tobacco to hemp and CBD

Will Brownlow, who has been farming in southeast Kentucky for close to three decades, says he first planted 10 acres of hemp in 2016 for the […]
December 11, 2018

Are Oregon Christmas Tree Farmers Growing Cannabis?

As the holiday season heats up, Oregon Christmas tree farmers are expressing concerns about what Oregon’s drought is doing to their crop. But is the state’s pot […]
December 11, 2018

Why are so many countries deciding cannabis is OK?

Around the world attitudes towards the use of cannabis are shifting. Mexico’s new government plans to legalise recreational cannabis use, as does the incoming government of […]
December 10, 2018
Canada’s cannabis shortage is so severe retailers watch 24/7 for chance to scoop up fresh supply

Canada’s cannabis shortage is so severe retailers watch 24/7 for chance to scoop up fresh supply

Desperate times call for desperate measures in Canada’s supply-constrained pot industry. National Access Cannabis Corp., the country’s largest private marijuana retailer with 17 stores, has a […]
December 10, 2018
Marlboro-maker Altria has made a $2.4-billion investment in licensed cannabis producer Cronos Group

Marlboro-maker Altria has made a $2.4-billion investment in licensed cannabis producer Cronos Group

Big Tobacco’s entry into the Canadian cannabis space is yielding mixed responses from analysts, some of whom are urging investors to view the $2.4-billion investment by Marlboro-maker […]
December 10, 2018
medical marijuana online

Shoppers Drug Mart granted licence to sell medical marijuana online

Health Canada’s list of authorized cannabis sellers and producers has been updated to reflect that the pharmacy can sell dried and fresh cannabis, as well as […]
December 10, 2018
5 hot new careers created by marijuana legalization

5 hot new careers created by marijuana legalization

· In 2017 the number of job posts for openings in the marijuana industry increased by 445 percent, outpacing tech (254 percent) and health care (70 […]
December 10, 2018
Taxes

Will legal cannabis save New York’s subway?

Most states that have legalized marijuana for recreational consumption have established a system in which the tax revenue generated through the retail pot trade is used […]
December 8, 2018
Supreme Cannabis and Khalifa Kush Enterprises announce international partnership

Supreme Cannabis and Khalifa Kush Enterprises announce international partnership

The Supreme Cannabis Company, Inc., a cannabis investment company based in Toronto, and Khalifa Kush Enterprises Canada ULC an affiliate of Khalifa Kush Enterprises, LLC, have entered into […]
December 7, 2018
Cannabis Is A Tax Bonanza For States

Cannabis Is A Tax Bonanza For States

With every election, new states legalize some form of cannabis. That’s proving to be good for their bottom lines.   During the recent midterm elections, much […]
December 7, 2018
Cannabis Control Commission set to take over medical marijuana oversight in Massachusetts

Cannabis Control Commission set to take over medical marijuana oversight in Massachusetts

The Cannabis Control Commission, which oversees the recreational marijuana industry, will assume oversight of Massachusetts’ medical marijuana industry before the end of the month. The transfer of the […]
December 5, 2018
The Cannabis Industry Is Scaling With The Help Of New Technologies

The Cannabis Industry Is Scaling With The Help Of New Technologies

While 2017 was the year of cybersecurity, and 2018 brought us the rise of temporary downfall of crypto, it looks like 2019 is shaping up to […]
December 5, 2018
How the beauty industry fell for cannabis

How the beauty industry fell for cannabis

CBD oil is cropping up in an increasing number of high-end creams, oils and even mascaras – but not all derivatives of the plant are created […]
December 4, 2018
Michigan To Become First Midwest State To Allow Recreational Marijuana This Week

Michigan To Become First Midwest State To Allow Recreational Marijuana This Week

The law is set to take effect on December 6. In the Nov. 6 election, voters by a wide margin endorsed recreational use by adults who are […]
December 4, 2018
U.S. Congress

U.S. Congress agrees on legislation to make growing hemp legal

Hemp derived from same plant as marijuana Although derived from the same plant, hemp is a variety that has less than 0.3 percent of tetrahydrocannabinol (THC) […]
December 3, 2018
Canadian Weed Giant Backs Medical Marijuana Trials in U.K.

Canadian Weed Giant Backs Medical Marijuana Trials in U.K.

One of the world’s biggest cannabis growers is preparing to fund clinical trials of marijuana-based drugs in the U.K. that could help jump-start the nascent British market. Canopy […]
November 30, 2018
Resolve Digital Health enters strategic partnership with Jamaican Medical Cannabis Corporation

Resolve Digital Health enters strategic partnership with Jamaican Medical Cannabis Corporation

Resolve Digital Health, a Canada-based developer of cannabis formulations, brands and smart devices, announced that it has entered into a strategic partnership with Jamaican Medical Cannabis Corporation Ltd.(JMCC), […]
November 29, 2018
How Big Will Canada’s Legal Cannabis Market Be?

How Big Will Canada’s Legal Cannabis Market Be?

On October 17, 2018, Canada became the first G7 nation to fully legalize recreational cannabis. Cue the speculators. As a massive, formerly black market transforms into […]
November 26, 2018
Who is leader in the U.S. marijuana market now?

Who is leader in the U.S. marijuana market now?

Poor Aurora Cannabis (NYSE:ACB) and Canopy Growth (NYSE:CGC). They’re the two biggest marijuana producers in the world in terms of capacity. They’ve both built major operations in Canada, Europe, and across the […]
November 22, 2018
Green is new Black

Green is the new black : cannabis retailers push ‘Green Wednesday’

Retailers are increasingly promoting “Green Wednesday” as an unofficial shopping holiday ahead of Black Friday, Small Business Saturday and Cyber Monday. Marijuana delivery company Eaze said […]
November 19, 2018
South Africa Cannabis Ruling Leads to Pot-Themed Products

South Africa Cannabis Ruling Leads to Pot-Themed Products

Marijuana is getting its time in South Africa’s spotlight after being decriminalized in September. The landmark constitutional court ruling, which still needs to be translated into […]
November 19, 2018
On the way to cannabis globalisation

On the way towards cannabis globalization

This week, Mexico’s Congress is expected to begin deliberating a bill to legalize medical and recreational cannabis use across the country. President-elect Andrés Manuel López Obrador signaled his […]
November 19, 2018
Massachusetts retail marijuana shops get 'signal to open' Tuesday from state Cannabis Control Commission

Massachusetts retail marijuana shops get ‘signal to open’ Tuesday from state Cannabis Control Commission

Retail marijuana shops in Northampton and Leicester received clearance to make Massachusetts history and start selling their products. The first sales are looking likely to occur […]
November 16, 2018
Sproutly Canada announces partnership with Caribbean’s largest medical cannabis producer

Sproutly Canada announces partnership with Caribbean’s largest medical cannabis producer

Sproutly Canada, Inc.’s move to establish a joint venture with Global Canna Labs Limited, the Caribbean’s largest medical cannabis producer, allows the Vancouver-based company to advance […]
November 16, 2018
Canopy Health Innovations develop cannabis-based medicinal products

Canopy Health Innovations develops cannabis-based medicinal products

“I would question investors who are skeptical of cannabis,” Marc Wayne tells us. “There’s plenty of money flowing around and it’s already funding new research and […]
November 16, 2018
Alberta cannabis regulator changes distribution guideline

Alberta cannabis regulator changes distribution guideline

Barely a month has passed since Canada officially legalized recreational cannabis sales and, already, cannabis products are running out. The cannabis shortage has become a national […]
November 16, 2018
Medical marijuana now available in southwest Oklahoma

Medical marijuana now available in southwest Oklahoma

Nearly five months after a vote to legalize it, medical marijuana is now in southwest Oklahoma. For the last five months, dispensaries have been getting their […]
November 15, 2018
Francis Ford Coppola announced a "cannabis lifestyle brand"

After Constellation Brands follows Francis Ford Coppola

Another major figure in the North Coast wine business is getting into the cannabis industry since California legalized recreational use at the beginning of this year. […]
November 14, 2018
First cannabis research license in Washington

First cannabis research license in Washington

The state of Washington is about to hand out its very first cannabis research license. This new license allows companies to grow and process cannabis purely […]
November 14, 2018
Australia’s legal cannabis market prospect: $1.2 billion by 2024?

Australia’s legal cannabis market prospect: $1.2 billion by 2024?

AUSTRALIA’S medical marijuana industry is in its early stage but it could soon be worth billions as a new report reveals a surprising statistic. About seven […]
November 14, 2018
Aurora-Cannabis

Here’s What Marijuana Stock Aurora Cannabis Is Saying About Its Future

Aurora Cannabis’ sales are surging, and additional capacity and new products could drive revenue even higher next year. Todd Campbell (TMFEBCapital) Nov 13, 2018 at 10:15AM […]
November 13, 2018
Preparing for the second wave

Preparing for the second wave

Now that recreational cannabis is legal in Canada, producers are looking forward to what they’re calling the “second wave” of legalization — edibles, drinks and vaping […]
November 13, 2018
German Medical Cannabis Market to Hit $5 Billion

German Medical Cannabis Market to Hit $5 Billion

When the International Cannabis Business Conference (ICBC) was founded just over four years ago, it was impossible to predict how the global marijuana reform movement would succeed. Fast […]
November 12, 2018
Intellectual property in Cannabis Companies

Intellectual property in Cannabis Companies

Greg Baute realized two years ago that he was stuck in the wrong job. He was working in Monsanto’s vegetable seed division in Central Valley, Calif., […]
November 9, 2018
Mexico's incoming government moves to legalize marijuana

Mexico’s incoming government moves to legalize marijuana

Proposed law would permit both recreational and medical cannabis use Mexico’s incoming government submitted a bill on Thursday to create a medical marijuana industry and allow […]
November 8, 2018
Canada Runs Low on Legal Marijuana Just Weeks After Its Approval

Canada Runs Low on Legal Marijuana Just Weeks After Its Approval

Canada is running low on legal pot three weeks after the government approved the use of recreational marijuana, a shortage that is sending some frustrated consumers back […]
November 8, 2018
"HollyWeed" and "Lost Craft"commit to a strategic collaboration

“HollyWeed” and “Lost Craft” commit to a strategic collaboration

Following the official legalization of recreational marijuana in Canada, HollyWeed North Cannabis Inc. (“HollyWeed” or the “Company”) and Toronto-based Lost Craft Inc. (“Lost Craft”) are pleased […]
November 8, 2018
Cannabis producers: $194 billion in seven years

Cannabis producers: $194 billion in seven years

The potential of the global cannabis industry is so vast that it could eventually make the sky-high valuations of some Canadian licensed producers look like bargains, according […]
November 7, 2018
Jeff Sessions forced out

Stock prices for cannabis businesses leapt without Sessions

Jeff Sessions is gone, and marijuana advocates—and the businesses that serve them—are celebrating. Forced out by President Donald Trump, Sessions tendered his resignation as the attorney general on […]
November 7, 2018
Michigan approves recreational use of cannabis

Michigan approves recreational use of cannabis

Michigan voted on October 2nd approval of the legalization of marijuana for recreational use. NBC projects an important growth of the Cannabis industry. Shares of major […]