As cannabis becomes more mainstream, there’s increasing acceptance of growing and using the plant – even among conventional farmers and ranchers. In a recent Farm Journal survey, respondents said they were more comfortable with CBD and medical applications of cannabis than THC and recreational applications. Survey respondents also were more agreeable to growing than consuming…
As the marijuana industry matures, some experts predict a split will occur that’s similar to what has happened in the beer industry: Consumers can pick a less flavorful, cheap beer – or they can go for more expensive craft brews, which boast better flavor and quality. One new entrant to the marijuana business, Nug, has…
Technological advances are revolutionizing every sector of the marijuana industry, transforming a market that largely is seen as an agricultural industry. With that in mind, we decided to look at “10 Killer Technologies” that have recently entered the marijuana space. 10 technological breakthroughs that could change how cannabis entrepreneurs do business is a post from: Marijuana Business…
A California cannabis distributor has lost the first round in what could prove to be an important test case in determining the role of the federal government in cracking down on marijuana companies. A state judge in California Superior Court in San Francisco County declined on Feb. 25 to issue a preliminary injunction against the…
A New York-based investment bank initiated coverage of the cannabis industry Monday, another sign that Wall Street prudence is catching up to main street excitement over the burgeoning sector. The global marijuana industry has a “base-case conservative” forecast worth roughly $50 billion in the next decade, Jefferies Group said in its initiating report, and a…
A legal case between two competing Los Angeles cannabis consulting firms that appeared to be shaping up last year as a serious courtroom brawl has apparently come to a close. SIVA Enterprises filed suit last August against Cirrata Ventures and several of the company’s principals, alleging the Cirrata executives stole intellectual property and defamed SIVA…
The “full impact” of product for sale from Aurora Cannabis’ first major marijuana greenhouse in Canada won’t be realized until the end of June, 2½ years after construction started on the massive 150 million Canadian dollar ($113.7 million) facility. Canada’s largest cannabis companies, and the 840 potential competitors in the licensing pipeline, face significant capital…
Alaska cannabis industry stakeholders are pressing their case against Republican Gov. Mike Dunleavy’s plan to abolish the Marijuana Control Board, arguing it could harm the state’s MJ market. At a legislative reception in Juneau on Feb. 22 hosted by the Alaska Marijuana Industry Association, business owners told a group of 50 legislators and staffers the…
Edmonton, Alberta-based Aurora Cannabis advanced its strategy to attain “early mover advantage” in countries with nascent medical marijuana markets with an agreement to acquire a majority interest in a Portuguese license applicant. Under the terms of the agreement, Aurora will acquire a 51% ownership stake in Gaia Pharm – based in Funchal – to establish…
“The year of stability.” That’s what Lindsay Robinson, executive director of the California Cannabis Industry Association, is hoping 2019 will become in the Golden State. And it very well could play out that way, especially compared to the roller-coaster turbulence California's cannabis market experienced in 2018. But there are many who would scoff at that…