Canada has had legal marijuana since 2018 nationally. And at first glance that looks like a much more progressive nation taking a stance well before the United States grew the courage. But at closer inspection, business isn’t quite booming like expected in the country. This seems to be due to a few reasons, and they’re […]
What a rollercoaster year it’s been for our investing portfolio, huh? What began as a year where weed stocks such as Canopy Growth, Tilray, and Aphria exploded in popularity and probably made a few people lots of money if they timed it right, now has leveled out into a less optimistic landscape. The first reason […]
This story first appeared at Marijuana Business Daily. Intellectual property is playing an increasingly important role in cannabis industry acquisitions and other deals as businesses look to get a leg up on rivals by purchasing or investing in companies holding valuable patents, trade secrets, copyrights and trademarks. This comes as hemp and marijuana companies seek […]
(This story has been updated to correct production volume and sales figures.) The wellness trend has taken hold among consumers, creating ample opportunities for hemp entrepreneurs. But what does this trend mean for foods made from hemp grain, and how can business leaders capitalize on consumers’ increasing interest in their health and wellness? Hemp Industry […]
Anyone who lives in or near Massachusetts, raise your hand. Better yet, take a drive to Brockton and check out the very first Cannabis dispensary owned by a Black woman. Called Legal Greens, Vanessa Jean-Baptiste opened her doors this past Sunday and spent the day greeting customers in a line that started at 8 a.m., […]
This story originally appeared at Marijuana Business Daily. When Canopy Growth introduced its CBD drink brand, Quatreau, to the U.S. market on March 2, the Canadian cannabis producer also announced its newest brand ambassador: American astrologer Susan Miller. Ambassadors and celebrity partnerships are familiar terrain for Canopy, already known for its ties with Seth Rogen, […]
These folks answer to their shareholders, At NORML, we answer to you.
The post Big Alcohol and Big Tobacco Coalition Emerges to Shape Legalization in Their Favor appeared first on NORML.
In Mexico, a country facing issues with feuding drug cartels, a bill that decriminalizes marijuana is making its way through congress.
The draft bill made it through two special committees and is now on its way to the full chamber. It has backing from President Andres Manuel Lopez Obrador, so approval seems like it is around the bend.
A few outside companies have stated their eagerness to take part in a newly legal Mexican landscape, including Canopy Growth, Khiron Life Sciences, and The Green Organic Dutchman.
This bill could potentially have lasting ripples throughout the crime scene of Mexico, where drug cartels have run rampant in recent years. Although most of their focus has been on narcotics in the region, decriminalizing marijuana could be a stepping stone for larger narcotic decriminalization acts, which the President is in approval of.
Read the source at Reuters.
Imposing such a blanket ban on higher-potency products will not eliminate demand for these products, but it will succeed in driving this market underground — making it unregulated and unsafe.
The post NORML Responds to Growing Calls to Re-Criminalize Higher Potency THC Products appeared first on NORML.
Last year, co-founders of MedMen Adam Bierman and Andrew Modlin were both ousted from MedMen. After misusing business money for security and glamour, investors chose to sue and the two were forced to distance themselves from the company.
A centerpiece article was written for Politico, making the whole debacle national news. So, it comes with a bit of a surprise that they are so quickly able to get back on their feet and tie themselves to a new venture.
For several months, they have been working with Coastal Dispensary, which works in retail and delivery in Southern and Central California. According to the CEO of Siva Enterprises who spoke to MJ Biz Daily, “[Bierman has] been going around to retailers and investors and pitching a retail-management concept, sort of along the lines of MedMen 2.0.” So a case of “ain’t broke, don’t fix” mentality.
Despite the controversy surrounding the way they spent funds, their success and entrepreneurial abilities may be too good to pass up for some. Their marketing for MedMen was second to none, including very active billboard campaigns, and a commercial directed by Spike Jonze.
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Read more at MJ Biz Daily.
