United States

Synonyms: 
USA
the states
the US
Mon
11
Jan

Canopy Growth CEO Says It Will Directly Enter U.S. Market Within a Year

Canadian marijuana company Canopy Growth (NASDAQ:CGC) will be directly active in the U.S. market inside of a year. That's according to CEO David Klein, who is banking on the environment for cannabis businesses in the U.S. to improve markedly in the proximate future.

"What we really need is some combination of SAFE Banking, a revised Cole memorandum, and a reclassification by the executive branch, all of which ... probably happens in the next six to eight months anyway," he said in an interview Friday with Canadian business news organization BNN Bloomberg.

Thu
07
Jan

Markets react to prospect of 'blue wave' in Georgia Senate vote

Investors digested the somewhat unexpected win of two Georgia Senate seats by the Democrats on Wednesday, completing an apparent so-called blue wave that could have major consequences on the stock market.

Democrat Raphael Warnock beat incumbent Republican Kelly Loeffler in one of Georgia's two Senate run-offs, and Democrat Jon Ossoff was leading incumbent David Perdue in the other.

Mon
04
Jan

Cannabis: 4 things to watch for in 2021

Making predictions about California’s marijuana industry was a challenge even before a global pandemic changed everything.

It’s not just that the legal cannabis market, which launched three years ago in California, is so new. It’s also the singularity of an industry in which licensed, legal operators still compete against a much larger illicit market, even as the industry’s core consumer product — which is medicine for some people — remains illegal at the federal level.

Wed
30
Dec

The Marijuana Milestone That'll Be Hit in 2021

It's been a crazy year on Wall Street. Investors only have eyes for the unrelenting rally in and growth prospects of tech stocks. But they might be overlooking an even greater growth story: marijuana stocks.

Though cannabis stocks have been on a wild ride of their own over the last five to seven years, we're beginning to see the first signs of industry maturation. In October 2018, Canada became the first industrialized country in the world to roll out the green carpet for recreational marijuana sales.

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.

Mon
21
Dec

5 Lessons the U.S. Can Learn From Canadian Cannabis Legalization.

Following the results of the 2020 presidential election, cannabis advocates across the nation breathed a sigh of relief; for the first time in our history, cannabis decriminalization was being supported by the party in office. Since 2012, 15 states and Washington, DC, have legalized cannabis for adults over the age of 21. And 36 states have legalized medical cannabis — meaning that a majority of Americans now have some form of access to cannabis, whether medically or recreationally. On December 4th, the House passed the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act, a historic bill which will remove cannabis from the Controlled Substances Act and serves as the first step in ultimately deciding the fate of federal decriminalization in the United States. 

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.

Mon
07
Dec

House Votes In Favor of MORE Act

The U.S. House of Representatives voted in favor on this first-of-its-kind federal cannabis decriminalization bill. It was a partisan vote despite marijuana being a bipartisan issue. Democrats voted 213 YES and 6 NO, while Republicans voted 5 YES 156 NO.

Just after an election that saw four states legalize marijuana and two states legalize medical marijuana, it’s become clear that most Americans have a progressive view on marijuana. In fact, Pew Research reports that 67% of Americans support marijuana legalization.

Wed
18
Nov

Canadian firms look for ways in or around U.S.

Celebration over the legalization of cannabis in five more U.S. states was hardly over when attention turned to what this all means for industry heavyweights north of the border.

Several of the largest Canadian companies reported quarterly results last week, putting them under the microscope as Wall Street tries to figure out how they’ll grow while largely shut out of the rapidly expanding U.S. market. Some are finding ways in, while others are searching beyond.

Mon
16
Nov

Canadian cannabis companies looking for ways in and around U.S. as market expands

Celebration over the legalization of cannabis in five more U.S. states was hardly over when attention turned to what this all means for industry heavyweights north of the border.

Several of the largest Canadian companies reported quarterly results last week, putting them under the microscope as Wall Street tries to figure out how they’ll grow while largely shut out of the rapidly expanding U.S. market. Some are finding ways in, while others are searching beyond.

Here’s a look at the strategy pivots laid out by a few prominent Canadian cannabis producers:

Pages

Subscribe to RSS - United States