North America

Fri
12
Jun

Cannabis Beverage Market To Hit $1.82B By Year's End

CBD & THC INFUSED DRINKS TO BENEFIT FROM “THE LIPSTICK EFFECT” AS CONSUMERS SEEK OUT SMALL LUXURIES DURING COVID-19 LOCKDOWN AND BEYOND

Thu
11
Jun

Market research firm predicts global cannabis sales to reach $20.4 billion this year

Global cannabis sales are expected to surge 38% to $20.4 billion this year despite the coronavirus-induced recession, according to new research from Arcview Group. 

The market research company released the 8th edition of its The State of Legal Cannabis Markets report this week, which also predicted sales will climb to a whopping $46.8 billion in 2025. 

Other highlights from the report include insights and statistics on both new and established legal cannabis markets in the U.S.

Mon
08
Jun

Are Amazon, Uber, etc. the future for delivering post-pandemic cannabis?

It’s hard to say where we are in the COVID-19 pandemic right now, as infections and deaths continue to rise. But there have been movements in the cannabis industry that are changing the way the industry operates amid the pandemic that may stay post-pandemic.

Being allowed to operate as an “essential” business in the U.S. — which had a few bumps in the road between including both medical with recreational as essential businesses in states such as Colorado (that state quickly changed and added recreational) and Massachusetts — was one positive result that gave the industry some needed respect.

Sales have been strong, and delivery options were expanded as well.

Mon
25
May

Study: Women Have More Intense Marijuana Cravings Than Men

Though men tend to smoke greater amounts and more frequently than women, women tend be more sensitive to marijuana consumption.

We know women and men react differently to cannabis. The endocannabinoid system — the set of receptors that bond with consumed marijuana — interacts directly and indirectly with estrogen in a women’s body. A 2009 study, published in the European Journal of Pharmacology, found the amount of CB1 receptors in a woman’s body fluctuates depending on estrogen levels, meaning women experience more intense highs when their estrogen levels peak.

Mon
25
May

Inside the Aurora Cannabis move into the U.S. CBD market

Reliva had been trying to raise venture-capital money at a $40 million valuation before taking that amount in Aurora stock for acquisition

The courtship between Aurora Cannabis Inc. and Reliva began, as many such romances do, at a gathering of industry bigwigs and bankers.

Mon
25
May

Manitoba opening cannabis market to more retailers

 

The Manitoba government is moving forward on its plan for an open and competitive cannabis retail market, Crown Services Minister Jeff Wharton announced Friday.

“We are pleased to open the market further by allowing more retailers to apply for retail licences,” said Wharton in a press release. “This move will enable local entrepreneurs to create jobs and support Manitoba’s economy, which is a critical step as we work toward rebuilding Manitoba in the wake of COVID-19.”

Mon
25
May

Cannabis may be legal, but one northern Ontario town wants to pass a law against smelly pot plants

Town council to debate proposed bylaw at meeting next month

One northern Ontario town is looking for a way to make smelly cannabis plants illegal.

West Nipissing council wants to draft a bylaw to regulate the odour from the four marijuana plants each Ontario resident is legally now allowed to grow.

Councillor Lise Senecal put the issue on the table after getting complaints from several residents in Sturgeon Falls.

"I didn't even have to get out. I just rolled down my window," she says of going to check out the skunk-like stink.

"It's a very strong smell. I could have gotten a buzz."

Mon
25
May

High Tide to Open Canna Cabana Storefront in Burlington

CALGARY, May 25, 2020 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (CSE:HITI) (OTCQB:HITIF) (FRA:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of cannabis lifestyle accessories, is pleased to announce that the Canna Cabana retail cannabis store located in Unit #2 at 2400 Guelph Line in Burlington, Ontario (the "Burlington Store") will be opening on Wednesday, May 27, 2020. It marks the sixth branded Canna Cabana location in Ontario and the Company's 35th retail cannabis store across Canada.

Mon
25
May

Here’s How Cannabinoids Quell Anxiety

Cannabis has powerful anxiolytic (anti-anxiety) properties, and when administered as-needed, can provide relief from several anxiety disorders.

Anxiety, like marijuana, comes with a stigma, but with the increasing impact of anxiety disorders on family life and the economy, it’s no wonder everyone seems to be looking for a salve.

The relationship between cannabis and anxiety disorders exists, but remains wholly misunderstood. Anxiety presents differently in every patient, and there is no definitive cure with conventional drugs, so just imagine something as variant as the cannabis plant.

Mon
25
May

Pure Sunfarms to Begin Roll Out of Vape Products this Summer

VANCOUVER, May 25, 2020 /CNW/ - Village Farms International, Inc.

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