Marijuana Business News

Synonyms: 
stocks
business
Wed
23
Dec

Interest in Hemp Fiber Rising as Farmers Look to 2021

In 2020, cannabinoid production undoubtedly continued to steal the hemp show. According to a recent survey by market analytics firm Hemp Benchmarks, nearly 90% of growers opted to cultivate hemp either for cannabidiol (CBD) or cannabigerol (CBG).

But excitement has been simmering for another segment of the hemp market: hemp fiber.

With the potential to produce both bast and hurd that can be the basis for thousands of products, hemp fiber holds tremendous promise for the industry, and it’s where many industry leaders believe the future of hemp lies in the long-term.

Wed
23
Dec

Is Marijuana the Mother of Innovation?

They say that “Necessity is the mother of invention.”

I would like to add a corollary to that adage.

How about: “Cannabis is the mother of innovation”?

Cannabis has been sparking invention and innovation since before the first stoner looked in the fridge and created a salty, sweet, savory snack from whatever disparate ingredients were found therein.

Seriously.

If you’ve never made a grilled hot link and peanut butter sandwich with a maple honey dipping sauce, or a Cap’n Crunch and Chipotle Tabasco marshmallow treat, you aren’t getting high enough.

And now I’m hungry.

Hang on while I get a snack…

Where was I? Ah yes. Here we go:

Wed
23
Dec

Canadians are increasingly abandoning illicit market, buying more cannabis from legal stores, survey says

Health Canada has released the 2020 Canadian Cannabis Survey, shedding light on evolving habits and opinions about the plant. 

The CCS began in 2017 and, among other factors, examines sources of cannabis, types of cannabis products being consumed, and, this year, cannabis use in the context of the COVID-19 pandemic.

Tue
22
Dec

Cannabis Companies Continue Holiday Fundraisers for Communities Nationwide

Holiday festivities have been curtailed by the global resurgence of the COVID-19 pandemic, and its unprecedented social and economic effects. During this turbulent season, cannabis companies all over North America continue to do what they can to support local charities and populations in need.

So, let this 2020 holiday season be lit with the warmth of giving. Here’s a short list of holiday fundraising activities led by cannabis industry members, bringing happiness and help to so many for the season as we all look forward to a new year in 2021:

Tue
22
Dec

Canopy Rivers Sells Three Assetts to Canopy Growth for $115 Million

Canopy Rivers Inc. has entered into an agreement with Canopy Growth Corporation in which Rivers will transfer three portfolio assets to Canopy Growth in exchange for $115 million in cash and 3,750,000 common shares of Canopy Growth and the cancellation of all 36,468,318 Multiple Voting Shares and the 15,223,938 Subordinate Voting Shares of Rivers held by Canopy Growth.

Tue
22
Dec

What does $4.8B merger of marijuana firms mean for local workers?

The merger of two of Canada’s largest cannabis companies could bring mixed news for workers at the firms’ Southwestern Ontario operations, says a leading industry analyst.

Leamington-based Aphria and Nanaimo, B.C.-based Tilray announced this week they’re merging to create a $4.8-billion company in the new year.

Mon
21
Dec

The Best Marijuana Stocks To Watch For Next Week

U.S. Marijuana Stocks And Current Market Trends

Mon
21
Dec

Legal pot gains market share in Ontario, but progress will slip next quarter: OCS

Ontario's legal cannabis industry is gaining ground in its fight against the illicit market, but the progress likely won't last long because of COVID-19 lockdowns.

The Ontario Cannabis Store said Thursday that between the start of July and end of September the legal industry controlled slightly more than 36 per cent of the recreational market, up from about 25 per cent the quarter before.

However, the OCS warned the gains may soon dissipate. The pot distributor said the legal industry's market share will decline in the next quarter because of COVID-19 lockdowns that forced pot retailers in Toronto and Peel to operate solely through pickup and delivery.

Fri
18
Dec

Acreage Holdings Names Peter Caldini, Former President Pfizer North America Consumer Healthcare, as CEO

Acreage Holdings logo

NEW YORK, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”or “Company”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) is pleased to announce that Peter Caldini has been appointed as the Company’s Chief Executive Officer. He officially joins Acreage on Monday, December 21st.

Peter brings an ideal mix of capabilities and experience to Acreage, having served in several senior leadership positions at major healthcare and consumer packaged goods (“CPG”) companies in the US and globally. Earning a reputation as a strong and seasoned leader, Mr. Caldini has a proven track record of improving operational efficiencies, strengthening brand equity, and creating shareholder value.

Thu
17
Dec

2 Marijuana Stocks To Watch Before January

2 Top Marijuana Stocks To Add To Next Months Watchlist

Pages

Subscribe to RSS - Marijuana Business News