Marijuana Business News

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business
Thu
17
Dec

Cannabis Safety Needs To Be Balanced With Sustainability

The cannabis industry is booming all over the globe, mostly from a medical cannabis standpoint. 

Dozens of countries now allow some form of legal medical cannabis industry to operate within their borders, and some of those countries also have some type of legal import/export industry.

Adult-use is far more limited.

Only two countries, Uruguay and Canada, allow a legal adult-use industry to operate, and in the case of Uruguay, sales are only allowed for residents.

Thu
17
Dec

These Are the Top 5 Most In-Demand Cannabis Jobs for 2021

As we head into a new year—amidst a global pandemic, no less— hundreds of thousands of American citizens are unemployed nationwide. But legal cannabis businesses, from seed-to-sale, ancillary to multi-state operators, are still hiring in droves. The industry is poised to be the largest creator of jobs over the next decade, driving a workforce mobilization not seen since World War II.

Operating on the frontlines of this hiring blitz, we see opportunities and trends continue to crop up. Here is a countdown of five jobs that will be of the utmost importance in 2021.

Thu
17
Dec

Why a rapid change is on the horizon for American cannabis

  • The U.S. cannabis market is already outstripping Canada’s and a bull run is expected after the passing of new legislation
  • Fiore is focusing on the highly lucrative Nevada and California cannabis markets
  • Led by veterans of the Canadian industry, Fiore stands out with sound business practices and focus on quality

This is a time of massive change — and rapid growth — in the U.S. cannabis market. With cannabis legalized in more states than ever before and the Biden-Harris presidency poised to transform the federal regulatory environment in this newly burgeoning sector, many are looking forward to what the industry could look like as it matures.

Thu
17
Dec

Pot sector M&A expected to ramp up in wake of Aphria-Tilray merger

It's game on for the Canadian cannabis industry. 

Hours after Aphria Inc. and Tilray Inc. formally announced their blockbuster merger that would create a global cannabis powerhouse, some cannabis producer CEOs received a deluge of messages from several Canadian investment bankers wondering if they'd be interested in a deal of their own.

"The phone is ringing off the hook," said one cannabis producer CEO who declined to be named given the discussions with the bankers are preliminary. 

"You can see the writing on the wall. I've heard from at least four bankers this morning if I'd be interested in any deals." 

Wed
16
Dec

Are These The Best Pot Stocks For 2021? 2 Cannabis Stocks With Long Term Potential

The U.S. Cannabis Industry In 2020 And Its Future Potential In 2021

Although 2020 has been a year filled with stock market volatility and economic struggle marijuana stocks have pulled through for investors.  As Monday’s trading comes to a close cannabis stocks continue to produce gains in the market in December. So, the question for investors now is should you buy pot stocks now or wait until 2021? Currently, most cannabis companies like Curlaleaf Holdings Inc. (CURLF Stock Report) are reaching their high of the year in December.

Wed
16
Dec

4 Smart Ways CBD Brands Can Gain Consumer Trust

There are serious trust issues within the CBD space. Between a lack of regulation and the lack of transparency, consumers are rightfully cautious about making purchasing decisions.

Here are four things CBD brands should be doing to build consumer trust:

1. Go organic

The U.S. Department of Agriculture’s organic certification program is a rigorous multi-step audit process to increase supply chain sustainability. Organic certification is a form of elective, self-regulation for manufacturers that consumers have eagerly welcomed.

Wed
16
Dec

Aphria, Tilray confirm deal to create new pot industry giant

Aphria Inc. and Tilray Inc. confirmed early Wednesday they have agreed to join forces in a blockbuster deal uniting two of the biggest names in the legal cannabis industry. The announcement follows BNN Bloomberg’s reporting Tuesday afternoon that the two sides were in advanced negotiations.

Under the terms of the agreement, each Aphria share will be exchanged for 0.8381 of a Tilray share, while Tilray shareholders will retain their existing shares. As a result of the exchange ratio, Aphria shareholders will own 62 per cent of the combined company’s common shares.

Tue
15
Dec

Jay-Z Debuts His New Weed Brand Mongram

MONOGRAM, Jay-Z's much-hyped weed brand, finally makes its debut after a buzzy introduction back in October. 

Back in October, not much was known about the brand, other than it was the brainchild of Jay-Z and Caliva, one of the largest cannabis brands in California, and that it had a mysterious, vibey website with Fela Kuti, Bob Marley and the Wailers, and OutKast snippets playing as "Sounds from the Grow Room." 

Today, MONOGRAM announced that after 18 months selecting and cultivating strains, “MONOGRAM is finally ready to introduce its core collection of products to the world,” according to a press release. 

Tue
15
Dec

The Race To Build A Global Cannabis Beverage Leader Is Heating Up

One of the most significant themes of 2020 has been the cannabis beverage market and this is a vertical that we are bullish on. We have seen an uptick in M&A activity, with the 9 figure acquisition of Sweet Water Brewery most recently. 

Several big alcohol brands have taken a hard look at the cannabis beverage vertical and many of these large alcohol companies have acquired assets or partnered with cannabis beverage businesses. By taking this course of action, these large alcohol companies have determined that the vertical that has substantial growth potential. 

Mon
14
Dec

7 Cannabis Stocks That Should Be Profitable in 2021

After years of waiting, the big day has finally arrived for North American cannabis stocks. In 2021, more than half a dozen pot stocks are expected to push into the black. This will definitively demonstrate that the legal weed industry is legitimate and can be a serious moneymaker.

After (pardon the pun) weeding through dozens of marijuana stocks, I found seven that Wall Street forecasts will be profitable in the upcoming year. Here they are, in no particular order.

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