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There has never been a more crucial time to automate your cannabis operation. With the COVID-19 crisis settling in for the long haul, businesses are starting to think about how to increase efficiency and profit, while operating a facility safely and comfortably for workers and managers. As the cannabis sector becomes more competitive, the margins g
How Will This Big Issue Affect Pot Stocks As we’ve seen in 2020, the demand for marijuana has shot up dramatically. For anyone who watches the cannabis industry, they know that this demand rise is due solely to Covid-19. But, with so much marijuana demand one would think that the cannabis industry is headed in the right direction. And for the most
The cannabis start-up is a place where dreams are born. A place where exuberance pulses through the bloodstream, fueling visions of world domination. It’s a place where the new and the old, the novice and the experienced, the tried and the true have all taken their shot. And most of them have failed. Many others are waiting for the right moment whe
Let’s talk about pain and cannabis. No, I’m not talking about medical efficacy, although that’s well proven. I’m referring to the great pains that come with regulatory compliance. There are so many bureaucratic hoops for a business to jump through, it borders on ridiculous. Original link
As automation continues to change the way we get our cannabis, the future of this booming industry is growing even more exciting. Due to COVID-19, social distancing is crucial. That’s why so many people prefer contactless options, particularly for items like groceries or take out. Why can’t we do the same with cannabis? Exciting new developments i
After nearly a year of next-to-no deal-making, cannabis companies are gearing up for mergers and acquisitions as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say. Profitable cannabis companies want to buy their way into ni
The cannabis industry can be a complex marketplace for business owners. With so many regulations and concerns about compliance, managing and marketing one’s business can seem like an overwhelming task. Original link
Colorado’s hemp industry is undergoing a market correction, with decreased production following an oversupply in recent years, The Grand Junction Daily Sentinel reports. “There’s hundreds of thousands if not millions of pounds of hemp flower that has not sold from last year. We created a huge, huge oversupply and you’ll have that in agriculture,” W
Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) reported first-quarter fiscal 2021 net revenue increased 22% to $110 million. Original link
But first, we need to do these 5 things. Billions of dollars are sitting at the doorstep of Capitol Hill, begging to participate in the economy. But with some wise moves by the Federal government and regulatory agencies, cannabis-generated revenue could be a significant answer to our financial crisis stemming from the pandemic. For proof, look at
Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) stock fell over 13% to lately trade at $6.03 after the company reported a net loss for the second quarter of $107 million versus last year’s earnings of $185 million for the same time period. The loss of $0.31 cents per share was worse than the FactSet estimate for a loss of $0.07 per share. Original lin
s legal cannabis markets continue to expand rapidly across the globe, Canada is uniquely positioned to develop international safety guidelines for the emerging industry. On Tuesday, safety science consultant firm UL said it has teamed up with the Standards Council of Canada to host a workshop to address the safety, security and sustainability of th
Arkansas-based beer distributor Premium Brands of Northwest Arkansas is adding a hemp beverage to its lineup. Original link
Banking institutions and accountants offering services to cannabis businesses would have a safe harbor in California law under one of the weed-related bills awaiting state lawmakers’ action when they return to Sacramento this week. One measure (A.B. 1525) says financial services, including public accounting firms, don’t commit a crime under any Cal
If you think the stock market has gone for a wild ride over the past five months, take a closer look at how marijuana stocks have performed over the past couple of years. Through the first quarter of 2019, investors could have thrown a dart while blindfolded at a list of publicly traded pot stocks and had a good shot at landing a triple-digit retur
