Marijuana Business News

Synonyms: 
stocks
business
Wed
28
Apr

Cannabis retailers are shifting their focus from shelf-presence to brand identity.

To say the cannabis industry has experienced change over the past few years would be a serious understatement. Every element — from growth engineering and legalization to marketing and delivery — seems to be witnessing a revolution.

However, cannabis packaging is undergoing one of the most significant changes. As cannabis products receive more mainstream attention, retailers and packaging organizations are shifting their focus from mere shelf-presence to brand identity. 

Wed
28
Apr

Innovation in 2020 was Driven by Cannabis Consumers

To say 2020 was a wild ride would be an understatement.

Between a global pandemic, renewed calls for civil rights, and a dramatic election season, it was a true roller coaster of emotions.

One thing however remained clear: the cannabis community is one of resilience, inclusion, and humble passion for the plant. 

Cannabis & Tech Today has opted to declare the consumers Innovators of the Year, as they are the true driving force behind everything the industry does — and continues to strive for.

Here’s our love letter to the folks who inspire all of us to raise the bar every day and fight for safe access across the country until full legalization is finally a reality.

Wed
28
Apr

How to Stock up and save on Marijuana and Hemp Cultivation Supplies

Cannabis growers need to have an adequate supply of materials on hand once planting season rolls around. They can’t scramble at the last minute to find necessary fertilizer, growing materials or anything else. Not only will that slow their operation, but it also could lead to ill-advised purchases for too-high prices or buying something cultivators don’t really want.

“Grow inputs are like commodities, so commercial growers that shop early and buy in bulk will realize the greatest savings,” said Ryan Douglas, a Florida-based cannabis consultant and former master grower at Tweed, a major cannabis producer with headquarters in Ontario, Canada.

Wed
28
Apr

Canadian Cannabis Earnings Season Is In Full Swing With Some Major Players On Deck To Report

As earnings season kicks into high gear, analysts are closely following the numbers that are reported by some of the best known cannabis companies. 

Expectations are high for cannabis companies and the market has responded negatively to high-profile operators that reported numbers which missed expectations.

Aphria, Inc. (APHA.TO) (APHA) was one of the first Canadian cannabis producers to release quarterly financial results. During the conference call, the management team highlighted the risk of price compression in Canada and this comment put additional pressure on Canadian cannabis producers. 

Wed
28
Apr

4 Canadian Cannabis Companies Poised to Profit from U.S. Legalization

As more and more states legalize marjiuana, federal legalization in the U.S. seems inevitable. Not only are more states passing legislation to permit recreational use, but a vast majority of Americans also support legalization. According to a recent survey, Pew Research found that 91% of people in the U.S. believe marijuana should be legal for either medical or recreational use, with 60% in favor of both. President Joe Biden is in favor of decriminalizing marijuana, while Senate Majority Leader Chuck Schumer is ready to push ahead with full legalization efforts even if Biden isn't completely on board just yet.

Tue
27
Apr

2 Marijuana Stocks To Watch The Last Week Of April

2 Marijuana Stocks To Watch Before Next Month

As marijuana stocks still battle to reach higher market levels some are still holding a decent market position. Many investors are worried about the uncertainty with the current downward trading cannabis stocks are facing. Now, this is not to say some many new and seasoned investors haven’t been loading their portfolios up with top marijuana stocks.

Tue
27
Apr

Uber May Deliver Marijuana Once It Becomes Federally Legal, Says CEO

Dara Khosrowshahi, CEO of Uber Technologies Inc. revealed Monday the company is open to including cannabis deliveries once the plant is legal on the federal level.

"When the road is clear for cannabis, when federal laws come into play, we're absolutely going to take a look at it," Khosrowshahi said during a CNBC’s TechCheck interview.

With 16 states and the District of Columbia having legal adult-use cannabis markets, enthusiasts think that federal legalization is imminent. The Big Apple was the latest state to "go green," with Governor Andrew Cuomo placing his signature on the legislation on March 31. At the moment, cannabis deliveries are allowed in California, Oregon, Nevada, and New York.

Tue
27
Apr

Tips: How to get started in the cannabis business

Cannabis businesses have transformed from clandestine ventures to glossy lifestyle brands in a matter of years, thanks to an evolving regulatory and business landscape.

The majority of states now have some form of legalized cannabis, whether for medical or recreational use. The 2021 U.S. cannabis market is valued at $33 billion , according to an analysis by market research firm Grand View Research. That number is forecast to balloon to $84 billion by 2028. These trends indicate a fertile environment for seeding a new cannabis venture.

Tue
27
Apr

4 Canadian Cannabis Companies Poised to Profit from U.S. Legalization

As more and more states legalize marjiuana, federal legalization in the U.S. seems inevitable. Not only are more states passing legislation to permit recreational use, but a vast majority of Americans also support legalization. According to a recent survey, Pew Research found that 91% of people in the U.S. believe marijuana should be legal for either medical or recreational use, with 60% in favor of both.

Tue
27
Apr

Canada’s Unsold Cannabis Inventory Levels Off At 1.1 Billion Grams

Canada’s unsold cannabis inventory remains close to an all-time high, but the glut may be showing signs of easing as production fell sharply in December.

The amount of unsold dried cannabis held in stock by cultivators, processors, wholesalers and retailers levelled off in December at 1.14 billion grams, down slightly from a month earlier, according to the Health Canada data.

Pages

Subscribe to RSS - Marijuana Business News