Weed vending machine debuts with more on the way
Marijuana vending machines are rolling out in Colorado and Massachusetts to offer customers contactless buying at dispensaries in states where pot is legal.
Marijuana vending machines are rolling out in Colorado and Massachusetts to offer customers contactless buying at dispensaries in states where pot is legal.
Nothing in 2020 has gone according to plan, and cannabis legalization is no exception. According to Vox's criminal justice and public health reporter German Lopez, at least 18 states were predicted to legalize cannabis to some degree this year, either through their legislatures or via ballot measure. 2020 was supposed to be a big year for cannabis legalization.
And then COVID-19 happened.
The demand for marijuana is high. Cannabis companies are ready with a variety of products. So what's preventing the legal cannabis market from reaching its full potential? Estimates by Grand View Research show that the global legal marijuana market could be worth $73.6 billion by 2027. And growth is quite evident from the surge in cannabis sales amid the coronavirus pandemic.
Wall Street analysts say a Democratic sweep in November that puts Joe Biden in the White House and the party in control of the Senate could be a boon for cannabis stocks. Analysts at CIBC and Cowen picked seven stocks to bet on that would benefit investors if the Democrats win, including Green Thumb Industries, Curaleaf, and Canopy Growth. As public support for cannabis reform picks up steam in the US, Wall Street analysts say signs are pointing to a turnaround in the formerly troubled sector, especially as a few companies posted solid earnings over the past week.
Whether you’re a seasoned cannasseur or a newbie to the herb, you’ve probably heard about the entourage effect. This phenomenon refers to the synergy that takes place when THC, CBD, minor cannabinoids, and terpenes work together to provide health benefits.
Just as you might find a dry Chardonnay from Sonoma or a sweet Moscato from Italy, will a global market open the door for regional branding?
Terroir is the essence of a region distilled into a distinct expression of a plant. Wine, cacao, coffee, and tobacco are only a handful of examples of how the accumulation of soil, climate, terrain, and even the cultural landscape develops into a discernible essence of a final product. The push to document the terroir of cannabis is simply the next logical evolution of this idea, and one already well underway in California.
The entire stock market is looking to the 2020 U.S. Presidential Election for clues to how the next four years will play out. But this election is particularly important for a group of stocks that, under the right conditions, could soar to lofty new heights after the election: marijuana stocks.
Arizona’s Secretary of State confirmed this week that the state’s campaign for a cannabis legalization ballot initiative had submitted enough valid signatures to appear the November ballot.
Arizona Secretary of State Katie Hobbs said on Monday that the cannabis legalization campaign had submitted enough valid signatures to put the question to voters in November.
Achieving consistent, quality products means testing in a consistent manner. Consistency starts with regulation.
Most legitimate cannabis and hemp companies form relationships with third-party testing laboratories. Independent chemists test their products for cannabinoid content, terpene content, and contamination levels, and the data collected is made available to retailers and consumers.
The USDA's National Organic Program is a great way for brands to stand out from the competition. But getting approved isn't easy.
There is no doubt that the USDA’s organic certification program can increase transparency and trust for your CBD brand. But the audit process is also rigorous—the USDA must review your manufacturing facility design and production process plans with the ultimate goal of increasing supply chain sustainability.
Here are five things every CBD company should know about USDA organic certification: