International cannabis companies are showing interest in Brazil, both its large consumer market for medicinal products and a proposal that could legalize planting of the crop. Major producers like Colombia’s Clever Leaves and Canada’s Canopy Growth are developing and selling medicinal cannabis products to a Brazilian consumer segment estimated at
Municipalities in New Jersey that opt of allowing legal marijuana sales within their borders don’t just block such businesses. They could keep residents from establishing businesses in the industry at all. The rules adopted for the recreational adult-use marijuana by the state Cannabis Regulatory Commission have been largely applauded, and a Wednes
Florida CBD operator Kona Gold has raised $3 million through a stock-purchase agreement with a hedge fund, YA II PN, LTD. The securities purchase agreement announced Tuesday allows the hedge fund to buy up to 100 million shares of Kona Gold, a holding company based in Melbourne that develops hemp and CBD beverages.   Kona Gold says it will use the
Dear Women in Cannabis,   You are necessary in every facet of this growing industry. While a 2019 survey by MJBizDaily said women held nearly one-third of the senior-level jobs at cannabis companies, the migration of male executives from male-dominated industries now threatens career opportunities for women in an industry once celebrated for its pr
Revisiting the firm’s approach to clients with marijuana-related businesses ranked among a handful of initial items that Merrill Lynch Wealth Management executives have tackled in their Project Thunder initiative. The campaign, launched last week, is aimed at addressing frustrations and pain points endured by the brokerage’s financial advisors. Mer
Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world's first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that the Company’s subsidiary Kannaway has launched its operations in Hong Kong. Original link
Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today entered into definitive agreements to acquire Food Concepts LLC, the master tenant of an approximately 55,000 square foot indoor cannabis cultivation, processing, and wholesaling facility in Portland, Oregon operated under the Pistil Point name (the "FC
MC3 Botanicals, a women-owned company located in Mastodon township in Iron County, recently received its official license from the state of Michigan to operate the Class B grow facility. The license allows the business to cultivate up to 1,000 medical grade cannabis plants. MC3 is also in the process of obtaining a Class B recreational license.   S
If you want to get into the cannabis industry in California—where more than $5 billion worth of legal, adult-use cannabis is on pace to be sold this year, according to tax figures—and you want to do it quickly, don’t bother with selling adult-use cannabis. Instead, you want to grow it. Most cities in the state still don’t allow retail adult-use sal
When the U.S. government eventually legalizes marijuana, there will undoubtedly be a lot more businesses looking to expand into the growing industry. The current federal ban on pot means that large companies with robust logistical abilities don't generally see the point of getting involved, since marijuana can't cross state lines. But there's hope
Want to know how I know that weed is going to be legalized on a federal level fairly soon Insurers are getting ready. That’s right! One of these days you’ll be able to get weed insurance on your crops, cannabis-related business ventures and much more. There is no denying that cannabis is BIG business. Some estimates believe that by 2026 the cannabi
The finishing touches are being put on what’s touted to be largest hemp CBD processing facility in the USA. HempRise’s Indiana facility is being constructed in River Ridge in Jeffersonville. The 25 acre purpose-built, dedicated hemp extraction campus will feature a 100,000 square foot extraction facility capable of processing 3.5 million kilograms
Generation Hemp, Inc., a Dallas/Fort Worth based midstream hemp company (OTCQB: GENH) and its wholly-owned subsidiary, GENH Halcyon Acquisition, LLC (collectively the “Company”), today announced that its Chairman and CEO, Gary C. Evans, plans to speak at The Southern Hemp Expo located in Raleigh, NC on September 2, 2021 regarding the financial well
  As different as they may seem, there's some overlap between the cannabis industry and biotech that's worth understanding as an investor. Cultivators can use biotechnology to manipulate the genes of marijuana plants to increase their yield, and biotechs can use the bioactive chemicals contained in cannabis as jumping-off points for drug developmen
  Canonic Ltd, a company focused on the development of medical cannabis products and a wholly owned subsidiary of Evogene Ltd. (NASDAQ: EVGN) (TASE: EVGN), announced today the pre-launch of its first-generation medical cannabis inflorescence products. Original link
Cannabis company Sundial Growers (NASDAQ:SNDL) got an influx of cash earlier this year thanks to its rising popularity with retail investors. The meme stock cashed in on its hype in late January and early February when management took advantage of an inflated stock price and announced two offerings. Sundial is now in a great financial position, sit