Marijuana Business News

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Fri
13
Sep

Why pot's illicit history is making it so hard for companies to get patents in the legal cannabis era

When Canopy Growth Corp. announced a plan to acquire cannabis researcher Ebbu Inc. for US$330 million last October, it touted the company’s intellectual property as the primary reason for the deal, mentioning it five times in the short press release.

A year later, Canopy is struggling to turn that intellectual property into patents. One of Ebbu’s first applications was rejected twice by the U.S. Patent and Trademark Office. When it was then narrowed significantly in a renewed attempt at approval, it was rejected a third time.

Thu
12
Sep

Harvest One obtains Canadian Cannabis Oil Licence

Harvest One Cannabis Inc. (“Harvest One” or the “Company“) (TSX-V: HVT; OTCQX: HRVOF), through its wholly-owned subsidiary United Greeneries Ltd. (“United Greeneries”) announces that, on September 6, 2019, it obtained an amendment to its licence from Health Canada which will allow for the sale of cannabis oil products.

Thu
12
Sep

Looking to enter the Cannabis Biz? Professionals from the industry give top advice

With more states legalizing cannabis for medical or adult use, the industry is rapidly growing, with employment predicted to rise by 34% in 2019, according to Marijuana Business Daily's 2019 Marijuana Business Factbook. So, it's no surprise that increasing numbers of people in other industries are looking to work in cannabis.

Thu
12
Sep

2 marijuana stocks making headway in September

The marijuana stock market has been waiting for a solid push for some time now. With so many companies entering the industry, it seems as though the competition is at an all-time high. The competition that we have seen however has been very positive as many companies are working to innovate in such a new industry.

Thu
12
Sep

'Procedurally unfair': Disqualified cannabis lottery winners file legal challenge against AGCO

Eleven Ontario cannabis retail lottery winners have filed a legal challenge against the Alcohol and Gaming Commission of Ontario (AGCO) for disqualifying them from the lottery process, arguing the AGCO’s decision was “fundamentally wrong” and reached by a “procedurally unfair process.”

Seven of those eleven lottery winners — chosen on Aug. 20 — used addresses linked to legal cannabis retailer HighLife Cannabis Co. on their applications.

A Financial Post investigation days after the lottery draw found that over 100 different individuals used 14 HighLife-linked addresses to submit more than 650 applications to the AGCO, emerging with seven out of 42 lottery wins.

Thu
12
Sep

Facebook and other marketing platforms continue to stifle cannabis ads

Cannabis can’t seem to catch a break online. 

Enthusiasts, brands, influencers, and plenty of others seem to run into myriad headaches when dealing with Facebook and other popular online marketing platforms. Whether marketing their product or just talking about the plant, many have seen their content conflict with some of the most popular platforms of today.   

The stance taken by Facebook and others in the space has often been one of little acceptance. Companies often cite company policy that tends to coincide with federal regulations for such bans. 

Tue
10
Sep

Five things I learned about CBD at the recent MJBiz Conference in Toronto

CBD is all the rage these days. But despite the high interest just about everywhere, the market is still rather hazy in Canada compared with the United States, for example.

Kay Tamillow, director of research for the Brightfield Group, attempted to lift the fog on the much-ballayhooed cannabinoid during a recent session at the MJBiz International conference in Toronto.

CBD from cannabis is legal in Canada

In Canada, “we have this broad legalization of cannabis, which includes CBD,” Tamillow told attendees of the session, CBD Deep Dive: A World of Regulations and Where to Start.

Mon
09
Sep

The new buzzword in cannabis branding? 'Affordable luxury'

From a high-end dispensary opening up in Barneys New York to cannabis-infused pastilles and $20 chocolate bars, luxury cannabis has been all the rage this past year. The trend makes sense. Savvy entrepreneurs see a huge yet untapped market of canna-curious customers with lots of disposable income. But what about consumers who want the "premium" experience without the premium price tag?

That's where companies like Quarter Brands come in.

Mon
09
Sep

Black market pot entered CannTrust facility, flowed into legal market last year: Sources

Senior operating staff working at CannTrust Holdings Inc.’s Pelham, Ont. facility late last year brought cannabis seeds from the black market into production rooms, leading to some illicitly-grown pot flowing into the legal market, according to internal company documents obtained by BNN Bloomberg and four sources directly familiar with the matter.

The documents suggest that, in an apparent effort to conceal the black market cannabis seeds from regulatory inspections and other staff members, some CannTrust employees changed the names of as many as 20 strains to those which the company was licensed to sell in the legal medical and recreational markets.

Mon
09
Sep

A poll asked Canadians about their impression of cannabis companies and the results were rather interesting

What kind of reputation do cannabis companies have with Canadians?  When Quebec market research and analytics company Leger conducted a nationwide online survey in January of this year, Aurora Cannabis Inc. took the lead with a reputation score of 18; followed by Canopy Growth Corp. (14). CannTrust Holding Inc. came in third (6).

The study, titled Leger’s Corporate Reputation Study, evaluated data from more than 2,000 people — both cannabis and non-cannabis users.

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