Marijuana Business News

Synonyms: 
stocks
business
Mon
22
Jul

Are these 2 marijuana stocks to buy or sell in July

Marijuana stocks have been around for some time now. With the years that the market has behind its back, it seems as though cannabis stocks are just now beginning to reach their full potential. Some studies have shown that the market could grow by as much as 35% per year throughout the next three years or so. This means that there is still a lot of room to grow.

Mon
22
Jul

If Arizona legalizes recreational marijuana, it should regulate its potency

The medical marijuana industry is reportedly gearing up for another initiative to legalize recreational pot in Arizona.

This will rekindle familiar arguments. But there is one new issue that should take center stage in this debate: the regulation of the potency of recreational marijuana.

The observation is frequently made that today’s marijuana isn’t the marijuana familiar to aging boomers from their college days. It’s far more potent.

And there is growing medical evidence linking high-potency pot with a substantially higher risk of psychosis.

Mon
22
Jul

There is a lot to learn before investing in cannabis

Cannabis investing is a tricky subject. As with all momentum-driven opportunities, this one stemming from the normalization and the end of the green prohibition for a massively growing market, the category is a gold studded minefield to manage. The novelty of the topic leaves investors with a lot to consider when determining the best ways to carve out exposure in their portfolios. From my experience as an investment manager and an entrepreneur in the space, I’ve put together an overview for those trying to grow their portfolio to include green entities.

Mon
22
Jul

100 cannabis businesses urge Congress to end cannabis prohibition

4Front Holdings, LLC (“4Front”) delivered a letter to Congress signed by more than 100 of its cannabis-industry peers in support of significant federal cannabis policy reform.

Mon
22
Jul

Saint Vincent and the Grenadines issues first cannabis cultivation licences

Medical marijuana production can begin in Saint Vincent and the Grenadines after the Caribbean nation issued its first set of cultivation licences.

The country legalized marijuana for medicinal purposes in December 2018 and leaders promised to create a major international hub within the blossoming global cannabis trade. It officially said it was decriminalizing cannabis “for medical purposes and scientific research”, but it essentially legalized it, promising to create jobs and generate huge economic benefits.

Fri
19
Jul

3 cannabis stocks worth considering for your portfolio

The cannabis space is growing like a weed, thanks largely to Canada's legalization of recreational marijuana last October along with an increasing number of U.S. states giving the green light to the drug for medical use. Moreover, the industry is widely projected to be one of the fastest growing over at least the next decade as more countries -- including the United States -- are expected to eventually fully legalize marijuana. So it makes good sense for risk-tolerant investors to want exposure to the cannabis realm.

Fri
19
Jul

Thailand’s unlikely embrace of cannabis

The forecast for the legal cannabis market in Asia is rosy—it’s expected to swell to $8.5 billion by 2024 from practically nothing today. One of the main questions surrounding this potential market is which country will establish an early lead as a supplier. Surprisingly, Thailand has a good shot.

Although laws on its books can penalize possession of marijuana with up to 15 years in prison and a huge fine, the country was also one of the first in Asia to legalize medical marijuana. Thailand is looking to become the region’s cannabis capital with its potent strains. Yet to claim that title, it must move fast to pass legislation making pot legal for recreational use. Neighboring countries are following suit in legalizing medical marijuana and could cut in on the market.

Fri
19
Jul

The cannabis industry is in need of innovation

The development of new technologies or significant societal change often comes with a boom or bust cycle. As these new technologies or ways of doing things gain in popularity, the public and investors may rush in to get involved and get a piece of the action. As people storm into stocks, start businesses or get involved in other ways, the bubble is blown up until it eventually bursts.

Fri
19
Jul

Ohio lawmakers advance bill for CBD products and hemp cultivation

Ohio lawmakers advanced a bill earlier this week that would legalize CBD products and hemp production in the state. The bill will now head to Governor Mike DeWine and if he approved the measure it will immediately be made law.

“This is the best news that’s going to hit farm country this year,” said Rep. Bill Seitz from Green Township.

The bill was passed by the Senate in March and approved earlier this week in an 88-3 vote, showing the state’s growing approval for the cannabis industry within Ohio.

Larry Householder, House Speaker, told sources that since farmers in Ohio has such a rough year, this news is a promising  

Fri
19
Jul

Opinion: Cannabis retailers have to change their approach in order to target the right consumers

Financial predictions about the cannabis market have been exciting analysts for some time as marijuana becomes more mainstream. Consider the facts: As of 2018, there were already 12 cannabis companies with stock market value worth more than $1 billion; One of the first celebrity-chef darlings, Martha Stweart, has signed a deal to market CBD; The company behind Budweiser has invested in a venture to research cannabis-infused beverages. 

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