The cannabis market enters 2020 with plenty of catalysts for higher sales and profits. A lot of companies have made changes in executive leadership to handle the next phase of growth as legalization in cannabis markets slowly progresses and public market veterans are more apt to join the sector.
Colorado State University-Pueblo is set to offer a "rigorous" degree in cannabis, winning state approval for the program on Friday.
According to The Denver Post, the "Cannabis, Biology and Chemistry" course will be available for undergraduates wishing to study the science needed to succeed in the cannabis industry, starting this fall. The program has been described as similar to a double major in biology and chemistry, and features a lab licensed to grow industrial hemp so students may work with cannabidiol (CBD) derived from the plants.
2020 started with legislation siding entirely in favor of Cannabis throughout twelve states US (and the District of Columbia). Aside from full legalization, more than 75% of the United States of America have legalized (and decriminalized) Cannabis use. Whether that use is in the form of CBD, restricted to medicinal use, or completely without consequence, America’s legislation is changing rapidly.
The sudden and sharp rise in hemp farms ‘cropping’ up in the USA appears to be a welcome sight to the bees. Bee numbers have been steadily declining across the world in recent years, leading researchers to worry about the future of the insects.
Drug laws in the United States are increasingly becoming a labyrinthine system of contradictions between federal and state law. Multiple Democratic presidential candidates have ventured their own plans to reform laws, lessen restrictions, and even end the War on Drugs.
When the Florida Legislature lifted the ban on smoking medical cannabis in 2019, the whole industry changed.
For the first time, patients were able to smoke whole-flower cannabis to get what industry experts call the “entourage effect,” or the effect of smoking mostly unprocessed marijuana bud with all its natural compounds intact. Medical marijuana treatment centers were excited about new product opportunities, and activists cheered for expanded access to the medicine.
Aurora Cannabis Inc. late Thursday said that Chief Executive Terry Booth is retiring amid “sweeping changes” for the Canadian licensed producer, the latest pot company to cut costs amid a cash crunch in the sector.
Marijuana legalization is heating up in the US and globally. Many countries like Thailand, Mexico, and New Zealand support marijuana legalization. To learn more, read Cannabis Legalization: The World Waits for the US. Meanwhile, US states are also stepping up.
