Marijuana Business News

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Fri
05
Mar

Cannabis in Canada – Everything you MUST know!

In 2018, Canada made a historical decision by legalizing medicinal and recreational marijuana. It is also the first G7 nation to allow marijuana use. Even after two years, the demand for marijuana keeps on rising in Canada.

If you’re a cannabis connoisseur, read on to learn amazing facts about cannabis in Canada.

Cannabis Legalization in Canada

After prohibiting cannabis for almost 80 years, the Canadian government launched the Marihuana Medical Access Regulations (MMAR) program in 2001. This policy allowed legal access to marijuana for Canadians who couldn’t find relief through regular medication.

The MMAR ultimately transformed into the Marihuana for Medical Purposes Regulations (MMPR) in 2013, having a more liberal approach.

Fri
05
Mar

10 Ottawa-area cannabis stores prized for their customer service and selection

More than two years after legalization, it’s almost hard to imagine what life was like before.

With many cannabis retailers across the Ottawa area, there’s no shortage of choice for consumers, but certain stores stand out from the pack. Here are 10 of the area’s premier locations, prized for their knowledge, customer service and selection

Big River Cannabis

Fri
05
Mar

Retail Prices for Marijuana Rise in Response to Record Demand

The average retail price for smokable recreational marijuana products in four Western states continued to increase throughout the coronavirus pandemic, thanks to record demand. Retail flower prices in California, Colorado, Nevada and Washington state collectively grew 17 percent, with the price of pre-rolls also increasing 15 percent.

The retail data, provided by Seattle-based cannabis analytics company Headset, reflects the average item price for the past 90 days compared to the same period last year. The rise in prices is good news for cannabis retailers, because wholesale flower prices continue to increase because of robust consumer demand.

Fri
05
Mar

Why It's Not Too Late to Tap into the CBD Market

CBD (cannabidiol) is one of the most controversial topics of the instant. The rising popularity of CBD involves the commencement of many research studies about the benefits of this substrate. The information obtained is not only proving the real positive effects of CBD on human health, but also affixes more properties to be investigated and tested. If during the last decade the CBD market was one of the demanded ones  today it is the most demanded due to constant increase of consumers and rising interest towards CBD.

Are We Late to Tap Into the CBD Market?

Not really! Here are some reasons why it is not late to tap into this market and make profit of its rising popularity.

Fri
05
Mar

Why Companies Are Integrating AI Into Industrial Cannabis Cultivation

Technology’s constant innovation has forced many industries to start adapting to mechanical and automated processes to take advantage of these brand new economies of scale. In the last decade or so, this technological integration has been driven by machine learning and artificial intelligence (AI), the next step in enhancing the precision, automation, and productivity of industrial processes. The cannabis industry is no exception. In an environment where figures like temperature and THC concentration can make or break an entire batch of product, AI has become an integral part of industrial cannabis cultivation. 

Fri
05
Mar

Financial Due Diligence in the Cannabis Space

As the cannabis and hemp marketplace continues to mature, more investors have begun to enter the playing field. These groups look at the cannabis space as an opportunity to acquire or merge with businesses that can offer potentially high returns.

But this process is not as simple as it seems.

Sometimes, the true financial picture of a company is not what it is portrayed to be. Companies could report a massive net income, but their operating cash flows may be negative. An extensive process of verification, investigation or audit of a potential deal or investment opportunity is required to confirm all relevant facts and financial information. This is known as financial due diligence.

Fri
05
Mar

Cannabis cultivation and policy in Canada

MCN speaks with Cannabis Council of Canada President George Smitherman about the cannabis landscape and policy in Canada.

Canadian cannabis policy and governance are some of the most progressive in the world; and the country’s legalisation of medical, adult use and derivative forms of cannabis have contributed to a healthy, growing cannabis market. Sales topped $2bn across 2020, with further growth expected this year; while the market for illicit products has been steadily shrinking since 2019.

Thu
04
Mar

Finding Green Cannabis Packaging in a Plastic-Polluted World

It’s not just the turtles and the fish we need to worry about, humans are now breathing in microplastics from all types of packaging.

According to the lead researcher of a Utah State University study, microplastics are turning into dust and are contaminated with toxic chemicals, plastic fragments, and metals.

These contaminants are in 4% of the air we breathe.

The cannabis industry’s interest in pollution awareness is escalating rapidly.

Thu
04
Mar

This Canadian Pot Stock Is Copying Canopy Growth's U.S. Moves

When Canopy Growth (NASDAQ:CGC) announced plans to acquire Acreage Holdings in 2019, it was an innovative and unique way for the company to position itself for growth in the U.S. market ahead of legalization. Even though the deal still can't be completed due to the federal ban on marijuana in the U.S., it is a way for Canopy Growth to demonstrate to investors how it plans to succeed and grow when pot becomes legal.

Wed
03
Mar

2 Marijuana Stocks To Watch First Week In March

Will Cannabis Stocks Resume Upward Momentum?

Marijuana Stocks have begun to regain some of the market value they lost at the end of February. On the first day of March, top cannabis stocks saw upward momentum as the day progressed. During trading top pot stocks like Curaleaf Holdings, Inc. (OTC: CURLF) ended March 1st up 3.4% showing signs of possibly rising in the market. In reality, the cannabis sector has seen significant gains since the start of 2021.

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