Toronto-based 48North Cannabis shipped its cannabinoid-based topical to the Ontario Cannabis Store this week, tapping a market that could potentially reach 175 million Canadian dollars (CA$130 million). The company said the topical brand, Apothecanna, is the first to hit the regulated market in Ontario. Topicals are expected to make upContinue Reading
Lawmakers in several states have sought to limit the amount of THC in cannabis – moves that, if successful, would likely result in costly business adjustments, loss of sales to illicit markets and other disruptions. Marijuana industry officials fighting back against the limitations say the proposals are based on questionableContinue Reading
The 63rd session of the United Nations Commission on Narcotic Drugs (CND) in Vienna this week laid bare deep divisions in the international community over the World Health Organization (WHO) cannabis scheduling recommendations. Rather than voting on recommendations that would have far-reaching implications for the global cannabis industry, the CND postponedContinue Reading
As the coronavirus rattles broader stock markets around the world, it is also making it even harder for cannabis companies to raise money from investors in an already-tight funding environment. But some marijuana financial experts see a possible silver lining for investors: an opportunity to buy, or at least getContinue Reading
In the foothills of Mt. Hood, Oregon’s tallest mountain and most active volcano, lies an unexpected ganja gold mine. Surrounded by towering fir trees and cascading streams, I arrive on an early autumn evening at the “Heroes Compound” to meet the esteemed cannabis breeder and cultivator, Patrick Pooler. “This placeContinue Reading
As the coronavirus rattles broader stock markets around the world, it is also making it even harder for cannabis companies to raise money from investors in an already-tight funding environment. Coronavirus will compound financial pressures for cannabis companies but also provide openings for investors is a post from: Marijuana BusinessContinue Reading
