Quick—name the first cannabis industry unicorn.
If you said Canopy Growth, or GW Pharmaceuticals, or a marijuana company currently in business, you’ve forgotten the amazing rise and fall of Medbox.
Content creators are expected to bolster their brand while also walking a fine-line of rules so that their posts and accounts don’t get deleted. Every company hopes to avoid the dreaded “shadowban”, which refers to when Instagram, Facebook, or TikTok restricts posts from your followers and hides your posts from appearing on hashtags. Shadowbanning dramatically decreases your page’s ability to be discovered by new followers.
At the close of 2020, 46 nations had passed some form of marijuana legalization. Up to 44 countries passed some form of medical laws. Uruguay and Canada are two countries that legalized adult use, and Mexico and Israel will likely follow in 2021.
With reform efforts underway, investors and cannabis pros have their eyes on countries across the globe, with the expectation that international sales will spike.
Atherosclerosis, often referred to as a hardening of the arteries, is a major issue across the globe. According to at least one study, roughly half of individuals 40-54 years old have hardened arteries. That is obviously a significant number and includes people that do not smoke and/or are of normal weight.
Since legalization, cannabis stocks sunk to lower and lower lows. It seemed as though not only had the bubble burst, but there really wasn’t anywhere that investors could see a future. That is, until the recent election and inauguration of new United States President Joe Biden.
Aurora Cannabis Inc. says it has laid off some workers after signing an agreement with an external sales broker.
The Edmonton-based cannabis company’s spokeswoman Michelle Lefler confirmed the cuts but wouldn’t disclose the number of staff impacted or what cities they were located in.
Lefler says the move was prompted by Aurora’s recent decision to hire Great North Distributors Inc. to represent the pot company in sales activities across Canada.
Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in October 2020, according to new data offering a statistical glimpse of the country’s first large-scale “croptober” – when most of the fall outdoor harvest comes in.
The 220,461 kilograms (221 metric tons) of new cannabis is about 50% more than the previous monthly record, in October 2019, likely owing to the first outdoor yields.
After Kamala Harris was nominated to be President Elect Joe Biden’s running mate, we knew that brighter days were ahead for the cannabis industry……..and the market seemed to agree with us.
After Joe Biden was projected to win the election, the cannabis sector recorded strong moves to the upside for almost two months. Although the sector has come off its recent highs, we believe the recent additions to President Elect Joe Biden’s cabinet send a very bullish sign to the cannabis industry.
In a huge step forward for cannabis legalization and global drug reform, the UN Commission on Narcotic Drugs (CND) voted on Wednesday to pull cannabis from Schedule IV of the 1961 Single Convention on Narcotic Drugs. Under the UN’s system, Schedule IV substances are considered the most dangerous and addictive drugs.Cannabis will no longer be classified as a drug as dangerous as heroin.
President-elect Joe Biden will be good — but not great — for the cannabis industry, analysts, executives, and other experts say.
While Biden has stopped short of endorsing federal legalization, both he and Vice President-elect Kamala Harris, have campaigned on decriminalizing marijuana.
