There's a small slice of the marijuana market that holds giant potential.
Key PointsCannabis represents significant, untapped potential at the moment in the U.S.Multi-state operators don't need federal legalization to thrive.State-Hi Richlevel usage expansion can lift the MSO market to new heights.
There's little question that marijuana presents a long-term growth opportunity for investors, especially as the U.S. moves toward legalizing the substance at the federal level.
"Employers cannot control their employees’ private lives by calling the legal use of marijuana outside of work hours ‘misconduct.’"
Michigan residents who consume cannabis may be disqualified from receiving unemployment benefits if employees are shown to have cannabis metabolites in their systems when drug-tested — even if the employee consumed the drug on their personal time, and despite the fact that medical and adult-use cannabis are legal in the state.
SAO PAULO (Reuters) – 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 10 million to 13 million people. This results from a 2019 regulatory change allowing the import, sale and manufacturing of such products.
But permission for cultivation of hemp and cannabis in Brazil would be a bigger prize. If granted, the industry could blossom in four to five years, based on the experience of other countries such as Colombia.
Hemp processors working to add hemp to infrastructure
PRENTISS, Miss. (WDAM) - Hemp is a crop commonly known to be smoked. However, Mississippi’s only hemp processing plant is working on more than just ways to smoke it. They want to make a major part of the state’s infrastructure.
“We are looking at taking cement and concrete that already exists down in Mississippi and in putting hemp into,” says Eric Sorenson, owner of the processing plant. “This block here has 25% hemp in it. It makes it’s still strong, and it can be made here in Mississippi.”
Sorenson has been working with his partner, Isaiah Byrd, to create a mixture called “hempcrete.”
The straight-laced cousin of cannabis is becoming a mainstream food product, with some impressive nutritional credentials.
Hemp is shaking off its stoner and hippy connotations and gaining a foodie following as more people come to appreciate the plant’s taste and nutritional benefits.
Having garnered widespread acceptance since the Australian Government declared it legal to sell hemp as a food in late 2017, hemp’s protein-rich seed has made its way onto supermarket shelves, and into products ranging from hemp burger patties to nut bars, beer, gin and kombucha.
The state of Tennessee has a rich past — and promising future — with the cash crop
Tennessee has been a hemp state for a lot longer than it hasn’t been one.
The versatile plant was already a major cash crop in the United States by the time Tennessee joined the union in 1796, and pioneer families who’d had success with it brought it across the Applachians from Virginia and the Carolinas. Producing hemp was critical at a time when ships were the primary conveyances of commerce, as its tough fibers are perfect for making sails and lines, and farmers could cash in with both government and private commercial supply contracts.
Britain's legal cannabis market has boomed during the coronavirus pandemic to become the second biggest after the United States, as consumers rushed to alleviate Covid-linked symptoms, industry experts say.
Cannabidiol or CBD, which is most commonly sold as oil at high street retailers, is one of the active ingredients of non-psychoactive cannabis.
CBD is touted as have relaxing and anti-inflammatory properties, but experts argue the market has long suffered from questions about its efficacy and a lack of regulation.
The Veterinary Cannabis Society (VCS) has launched a website and educational portal for veterinarians, pet owners and cannabis product companies.
The use of cannabis as part of pet care is exploding in popularity. But there’s a lot of confusion and misinformation out there. Like anything, the cannabis pet care sector has its share of dodgy characters and claims. At best, some products are a waste of money. At worst, they can have a negative impact on pets – and in some cases have caused death.
As of the 18th of August, things are looking a bit better for cannabis stocks. Although the market has been down for some time it’s been more volatile. Which in comparison to the downtrend that occurred from mid-February to the end of April more overall action has been taken place. With the sector looking a bit more green some shareholders were able to make some profit on the 18th of August.
Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level.
While 36 U.S. states and the District of Columbia have legalized cannabis for medical or recreational use, insurance for growers, testing labs and retailers is being held in check largely by strict federal laws that criminalize pot alongside heroin, methamphetamine and LSD.
U.S. legal cannabis sales jumped 45% last year and are expected to hit $41 billion in 2026, Colorado-based research firm BDSA said.
The Strawberry Fields dispensary in Denver plans to kick off a soft launch of its marijuana delivery services on Thursday, alongside transporter business DOOBBA.
The dispensary plans to officially start delivery on Monday.
“We are super excited to be the first in Denver. We are ready to crush it and make it our own and hopefully lead by example for others that follow,” Strawberry Fields COO Faline Vanlandschoot said.
This summer, marijuana delivery became legal in Denver. So far, a total of six dispensaries or medical marijuana facilities have been licensed, according to city data.
MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) a pharmaceutical company that specializes in cannabis, is pleased to announce that it has received approval to ship medical cannabis oil to Brazil. This approval, issued by both ANVISA and Health Canada, allows initial shipments to patients for the Company’s partner XLR8. The shipment is a crucial milestone for the Company in using its pharmaceutical Good Manufacturing Practices (“GMP”) platform for international manufacturing and distribution.
Humboldt County just offered a support program for its cannabis growers at a critical time for the industry.
Bedeviled by the ever-falling price of cannabis, growers in Humboldt County, California have been offered a lifeline by local officials.
Hawaii’s Department of Health last week adopted interim rules for hemp processors and products – and not everyone is happy.
The rules, which came into effect on August 9, prohibit a bunch of hemp-derived products including:Hemp products for oral consumption other tablet, capsule, powder, softgel, gelcap or liquid formFoods and beverages containing CBD and other cannabinoids.Eliquids for vapingProducts for smokingProducts that are administered via non-oral routes.
Additionally, products must be tested by a qualified lab and there are various other regulatory and record-keeping requirements needing to be observed.
Key PointsThese five cannabis stocks have better growth prospects than Sundial because they already operate in the lucrative U.S. cannabis market.All five continue to deliver much stronger revenue growth than Sundial and are either profitable or closer to profitability than Sundial is.Four of the five sport more attractive valuations than Sundial does.
Seven pot stocks rank among the 100 most popular stocks on Robinhood's (NASDAQ:HOOD) trading platform. But only one of them is in the top 10 on the list -- Sundial Growers (NASDAQ:SNDL). Actually, Sundial claims the No. 4 spot, beating out quite a few larger and more successful companies.
LOS ANGELES, CA / ACCESSWIRE / August 17, 2021 / Buzz around INTEGRATED NATIONAL RESOURCES INC.'s WeedGenics continues to grow both in the cannabis industry and now the mainstream business world as well. Named by "Global Business Leaders Magazine" as one of the 20 innovative companies to know in 2021, the company was featured by the Atlanta, GA-based publication both in print and online thanks to WeedGenics' place as the manufacturing partner of choice for premium medical marijuana products.
STRATHROY, Ontario, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Eve & Co Incorporated (“Eve & Co”, “we”, “us” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF), is pleased to announce that its wholly-owned subsidiary, Natural MedCo Ltd. (“NMC”) has successfully entered into a Medical Cannabis Supply and Purchase Agreement (the “Agreement”) with TCann Pty Ltd., Australia (“TCann”), an import/export and distribution company of para-pharmaceutical, medicinal and narcotic products located in Thornleigh, New South Wales.
Learn Sativa University's curriculum includes marijuana history, laws, careers, growing procedures, and even popular cookbook recipes. Photo Courtesy of Learn Sativa University
The University of Florida has the Swamp, Notre Dame has Touchdown Jesus, Clemson University has Death Valley, and Learn Sativa University, a cannabis college in Apopka, Florida, has a five-acre weed farm.