Thousands in the cannabis industry have lost their jobs on the heels of the COVID-19 pandemic. Canopy Growth Corp. CGC (TSE: WEED) and Aurora Cannabis Inc. ACB (TSE: ACB) announced layoffs and
The race to become the first Caribbean country with legal cannabis is turning into a sprint, with Saint Lucia announcing plans to join Bermuda, and the U.S. Virgin Islands in drafting adult use legislation.
A win for Democrat Joe Biden is expected to bode well for medical cannabis businesses in the US
The cannabis investment market has shown its resilience through the coronavirus crisis and the second half of 2020 is looking positive, says Nawan Butt of Purpose Investments.
Cannabis is likely to be a key talking point in the US presidential election in November and Butt says a potential win for Democrat Joe Biden would bode especially well for medical cannabis businesses in the US.
Heartland voters may get the chance to decide on medical marijuana after an organization gathered more signatures than needed to put legalization on the ballot.
Legal cannabis supporters in Nebraska faced a pandemic and the task of collecting at least 122,000 signatures in a state not known for cutting-edge legislation on marijuana. But in the end, they did what they needed to do to get medical marijuana on the November ballot.
Cannabis sector-related exchange traded funds led the charge on Tuesday, shaking off the broader market malaise, as Canopy Growth (NYSE: CGC) partners with Martha Stewart to launch a website to sell CBD products in the U.S.
Making a purchase is one thing; purchasing good quality is another. Is there a way to tell the difference?
With the legalization of cannabis in more parts of the world, there is an expected increase in low-quality batches. How can cannabis quality be effectively measured?
The medical cannabis industry is booming in New Mexico. The industry says the effects of COVID have dramatically increased demand and they’re trying to keep up.
“What we learned was it wasn’t just a New Mexico thing, in fact, the number of transactions have doubled in New Mexico, prices have gone up and the supply is pretty much in a very dire situation, very short,” said Duke Rodriguez, President, and CEO of Ultra Health.
Estimates published in the newly released Marijuana Business Factbook show the total economic impact of legal cannabis sales increasing 181 percent by 2024.
American marijuana businesses could pump up to $130 billion on an annual basis into the U.S. economy by 2024, a staggering figure that highlights the true reach of the nation’s cannabis industry.
