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With marijuana and cannabis use rising rapidly nowadays, it is easy to see why more and more people are wanting to jump on the bandwagon and start their own marijuana seed business. If run and managed well, a marijuana seed business can be a lucrative market to be a part of and can offer a huge number of benefits for both customers and the business alike. But how can you go about starting up your own marijuana seed business? Learn more with our guide for getting started with your seed bank business today.

Why These Marijuana Stocks Are Still On Top

After several extended deadline extensions, Mexican lawmakers seem on course to legalize adult-use cannabis in the coming weeks.

The most recent indication comes from MORENA Senate majority leader Ricardo Monreal, who says the bill would pass by the end of October and before the Dec. 15 deadline.

Projections expect Mexico to be the most lucrative legalized market, bolstering the nation's economy.

Passing adult-use legislation is also expected to diminish the cartels' long-running, lucrative narcotics arm. That's just one of many benefits Mexico hopes to gain from expanding cannabis access.

Uruguay has been making tremendous strides in international cannabis distribution. The country’s buds have already made it all the way to Germany. 

But a recently approved decree has the potential to propel Uruguay to the forefront of cannabis logistical endeavors.

Other countries can now ship cannabis products to Uruguay. While in the country, the products can get repackaged while in transit before being reexported to other countries – without any payment of customs duties, explained Bruno Guella, managing director of MVD Free Airport.

MVD Free Airport is a company operating the cargo terminal inside the airport for Uruguay’s capital city, Montevideo. The airport area it operates in is a free-trade zone.

Growing hemp was outlawed in 1970, but since the California Hemp Farming Act was signed into law and became effective on January 1, 2017, hemp is again a legal crop. Still, not just anyone can throw their hat in the ring to legally grow hemp. There is a somewhat involved registration process to wade through first, as well as rules and regulations for California hemp growers to follow. Here’s a brief overview.

Four years to the day after Massachusetts legalized recreational marijuana, the state announced that cannabis businesses across the state have surpassed $1 billion in non-medical cannabis sales. 

According to the Cannabis Control Commission, 80 Massachusetts marijuana retailers, as of Oct. 30, reported $1,000,521,905 in sales since stores opened in November 2018.

It looks like JAY-Z is fully throwing in on the cannabis scene with the debut of a new weed brand, Monogram. 

What is being touted as the first cannabis-infused social tonic has received a funding injection from A-listers ranging from actors to athletes in a bid to make social tonics socially acceptable.

You probably know people who will tell you “how it’s done”. Setting up a grow room has many ways of being done and more opinions than truths out there. You have to ask yourself some basic questions such as:

With those answers now you have to ask yourself some more questions like:

As big of a year as 2020 may turn out to be for marijuana in America -- as multiple states including South Dakota, Montana, Arizona, and New Jersey, look to legalize recreational pot -- there could be even more exciting developments in 2021. New York could become the prize of the industry next year, and there's hope for progress on marijuana reform at the federal level.

Although nothing is set in stone, there are a few reasons for cannabis investors to be bullish for the new year. Here are two potential developments to watch for in 2021 that could send pot stocks soaring.
It could be the year New York legalizes marijuana

I’m often asked to comment on whether or not cannabis will ever truly attain the status of a commodity. While the answer has generally been yes, we have a ways to go. 

First of all, it’s necessary to understand what exactly a commodity is. For our purposes, and in the context of cannabis, we’re talking about a raw material or primary agricultural product that can be bought and sold. Modern examples of commodities include copper and coffee.

A commodity is a raw material or primary agricultural product that can be bought and sold.

Ministry of Hemp now offers a special “Ministry of Hemp Verified” seal to the brands we review. If you see this seal in use by a brand, come visit our website to see the products we’ve reviewed and learn more about them. 

At the Ministry of Hemp, our goal is to build confidence and transparency in the hemp industry, especially when it comes to the contents of CBD products. Sadly, fake products, or at least CBD products with misleading labels, are commonplace. That’s why we only work with brands that meet our high standards. 

Since we’re starting to share this special seal with our brand partners, we wanted to explain what it means to be “Ministry of Hemp Verified.” 

Tuesday’s presidential election between President Donald Trump and former Vice President Joe Biden could have dramatic effects on various stocks and sectors, and investors have spent months trying to identify potential winners and losers.

A group of stocks seen benefiting from Biden’s Democratic policies has outperformed those seen benefiting from Republican Trump. Over a two-month period that ended Wednesday, a “Biden basket” of stocks created by JPMorgan head of U.S. equity strategy Dubravko Lakos gained 4.5% versus a 16% drop for a “Trump basket.”

Here is a look at stocks that might fit best in a Biden or Trump portfolio:

Will These Pot Stocks Make Big Gains Next Year?

This holiday shopping season will be longer and less traditional than ever.

This year, it’s being ushered in earlier and with far less fanfare.

Many retail trackers will begin their official holiday tracking October 13.

Best Buy’s new “Black Friday” and the start of Amazon’s Prime Day, rescheduled from its July launch due to COVID-19.

Holiday shoppers traditional buying preferences and patterns are shifting, too.

The cannabis market in California has continued to thrive amid the COVID-19 pandemic, and legal sales are on track to surpass $6 billion in 2025, accounting for a sixth of all legal cannabis sales in the United States, a leading analyst said Wednesday.

The state market — the largest legal market in the world — has benefited from a bump in demand during the pandemic as customers stock up on products similar to alcohol and tobacco, said Jessica Lukas, vice president of consumer insights for BDS Analytics, a cannabis research firm based in Boulder, Colorado. The firm found that legal spending for weed last year was $3.1 billion in the state and $8.7 billion in the illegal market.

The United States cannabis industry is poised to grow exponentially. Many states have approved or decriminalized medical cannabis use; several have legalized recreational use. Only a few states have been legislatively silent about public use of cannabis. It is likely some of these holdout states soon will further decriminalize cannabis.

As a result, investment in cultivation and processing facilities has mushroomed. In some respects, the industry resembles a gold rush. Fledgling and mature companies and entrepreneurial individuals are aggressively staking claims on new cannabis-related products and businesses. As in other evolving industries, entrepreneurs would be wise to consider how to protect their market position as a part of prudent due diligence.

Law enforcement officers in Southern California have eradicated nearly 75,000 cannabis plants from the Los Padres National Forest over the last six months, according to a statement released by the Ventura County Sheriff’s Office on Monday. A total of 18 illegal marijuana cultivation investigations were conducted by the agency on public and private land in and around the national forest during the months of May through October, according to the sheriff’s office.

Harvesting the crop is a straightforward business, but there are a few things to know before you start the process.

The Harvest

Before beginning, prepare a good, strong elixir of equals parts chilled vodka and water. The vodka (cooled to zero degrees celsius), will shock the roots into closing up and will actually make them stop functioning. This is exactly what you want, since the goal is to dehydrate the plant.

Vertical integration is risky business.

A vertically integrated company owns every step of a product’s value chain. The assumption is that quality and consistency can be better controlled when every step of the process occurs in-house. In some cannabis markets, it’s required by law, but vertical integration not always in the best interest of the consumer or the business.