How Self-Care And Women’s Health Are Shaping The Cannabis Industry

It’s impossible to deny the spending power of women. They are responsible for 70 to 80% of consumer spending in the United States and play a major role in influencing the buying choices of their friends and family. With the cannabis market in legal states projected to grow 150% by 2021, female consumers are also playing a major role in shaping the industry through embracing cannabis as a wellness product. Women are increasingly turning Read entire story

Molson Coors Said to Be in Talks With Marijuana Companies About Infused Beverages

Another major beermaker is looking at ways to enter the marijuana business. Denver-based Molson Coors Brewing Co. is weighing whether to expand into the sector with Canada poised to legalize the drug for recreational use this October. The brewer is said to have held talks with several Canadian-based marijuana companies to invest and collaborate in cannabis-infused beverages in an attempt to halt declining beer sales, according to a Friday report Read entire story

Organic Farmer Wins Best Pitch for $1 Million Cannabis Investment

An organic farmer has cleared the first hurdle in receiving $1 million to build a greenhouse to grow organic cannabis in southern Ontario. Mike Matthews, a farmer and founder of Bella Vista Cannabis, said if everything works out, the money would be used to build a 465 sq. m (5,000 sq. ft) greenhouse to grow organic cannabis. With the investment, he said he hopes to have the first crop harvested by early 2019. “Negotiations for… (c) Read entire story

The Pot Industry is Overwhelmingly White, and One Congresswoman Wants to Change That

Rep. Barbara Lee of California has crafted a resolution to help open up the marijuana industry to people of color. Sometimes, all it takes is a poorly named weed strain to illuminate a real problem. Just this week, Shanita Penny, the president of the board of directors for the Minority Cannabis Business Association, was contacted by a black woman who was shocked that a marijuana dispensary in Maryland is selling a strain called "Strange Read entire story

Se­cond Cup Eyes Con­verting Some Cof­fee Shops into Mar­i­jua­na Stores

Second Cup wants to serve up a different kind of buzz by converting some of its coffee shops into cannabis dispensaries and, when legal, pot lounges. Shares in the Canadian restaurant operator rose as much as 31 per cent to $3.62 apiece in early afternoon trading on Thursday after it announced that it has signed an agreement with marijuana clinic operator National Access Cannabis to develop and operate a network of recreational pot stores. Read entire story

Legal Weed is Creating a Market for Luxury Pot: Here are 4 Companies Trying to Cash in with High-End Candy, Coffee and Skin Care

The booming market for legal marijuana is creating big opportunities for entrepreneurs catering to the market for alternative pot-based products, like high-end edibles and beauty products. That particular segment is seen by analysts as one of the fastest growing — which got a major boost after California formally legalized recreational weed. Arcview Research estimates the legal cannabis market will soar to nearly $15 billion by 2021, with edibles Read entire story

Can Recreational And Medical Cannabis Coexist?

Recreational cannabis is rapidly spreading across the US, and most of the country could not be happier. Recent polls have said that a majority of the US now supports legalizing cannabis. Recreational pot has one opponent that you would least expect: the medical cannabis industry. The question remains: in a growing market, can recreational and medical cannabis coexist alongside one another?A few medical cannabis advocacy groups have come out Read entire story

Ontario Considers Licensing Cannabis Lounges

Ontario is considering licensing lounges where people can consume marijuana when the drug becomes legal across Canada, according to regulations published by the province for public comment. Ontario is considering licensing lounges where people can consume marijuana when the drug becomes legal across Canada, according to regulations published by the province for public comment. The province also wants the public to weigh in on the idea of Read entire story

Canada’s Largest Cannabis Producer Moves Into B.C. Greenhouses

CANNABIS CULTURE - Canada's biggest licensed cannabis producer is coming to British Columbia. Ontario's Canopy Growth Corporation has announced a new definitive joint venture agreement with an unnamed greenhouse operator in B.C. In an October 11 press release, Canopy Growth committed $20 million to the new company, BC Tweed Joint Venture Inc., in order to convert 1.3 million square feet of greenhouse space to cannabis production. The 30-acre Read entire story

Marijuana taxes are giving Colorado a pot of money to rebuild its crumbling schools

Cannabis taxes are raising tens of millions of dollars that are going straight to the state’s school-building fund. The K-12 school in Deer Trail, Colorado, is in rot. The swimming pool is in such grave shape that students can’t use it anymore. People in wheelchairs have to be lifted up stairs. A sewage leak has closed the coach’s locker room. Even basic security is a problem, as the doors are so out of shape that… (c) Cannabis Culture - Read entire story

Cultivating Business with Women Grow

Women Grow, a group that was started in Denver in 2014, empowers female entrepreneurship in the cannabis industry. Monthly meetings allow members an opportunity to meet each other and learn about emerging business trends. Industry experts share their knowledge during a panel discussion and attendees are encouraged to swap business cards and do some serious networking during the social time that is built into each meeting’s agenda. I attended a Read entire story

Total Marijuana Demand Tops Ice Cream in U.S.

The marijuana industry is growing so fast that if the government legalized it nationally it would outsell ice cream. A new report from Marijuana Business Daily estimates that the total demand for marijuana, including the black market, is $45-$50 billion. Annual ice cream sales are only $5.1 billion. Total recreational cannabis sales in the U.S. at this estimate would also top movie ticket sales ($11.1 billion) and snacks like Doritos, Cheetos and Read entire story

Pot Prices: June 2017 THMQ

Market Analysis: All indices finished June above their previous month’s average. After three-straight months of dropping prices, the Western Index stabilized in June, finishing $3 above its May average. All indices finished within $6 of their previous month’s average and all, with the exception of the Western Index, finished within $8 of their year-to-date average. CURRENT US PRICE INDEX: $335 (Last Month: $329, Year-to-Date: $329) CURRENT Read entire story

Is Over-Packaging Making Your Herb Less Green?

It’s no secret that the environmental legacy of the marijuana industry isn’t very pretty. Prohibition of cannabis and the failed War on Drugs drove cultivation indoors, necessitating energy-hungry artificial lighting to grow a plant that thrives naturally in the sun. Less than scrupulous operators have damaged public lands and poisoned the environment with dangerous pesticides and fertilizers. A shortage of local cultivation creates a market for Read entire story

N.B. Sees Marijuana as ‘Green Gold’ for Struggling Economy

New Brunswick wants to be your marijuana supplier. The Liberal government, led by 34-year-old Brian Gallant, sees weed as green gold -- an important creator of revenue and jobs in a province that badly needs both. It is giving producers financial incentives, has developed a community college program for cannabis technicians, and announced March 24 that marijuana is to be a pillar of its economic strategy. - Read the entire article at CTV Read entire story

A Raid on a Pot Shop Draws the Ire of the Public Stationed on the Sidewalk

As police and city officials raid another weed dispensary operating outside the law, prospective customers have just one question: “Why?” “Another one?” A steady stream of exasperated, would-be customers standing on the sunlit sidewalk outside the Toronto Leaf Dispensary on Queen St. E. and Jarvis St. on Friday afternoon share a common refrain. Just after 1 p.m., uniformed police officers and the city’s by-law enforcement officers walked up to Read entire story

Sir Richard Branson Suggests New Zealand Farmers Swap Cows for Marijuana

Cannabis is one of the most widely available illicit drugs in New Zealand. Billionaire businessman Richard Branson has urged kiwi farmers to swap cows for cannabis. Speaking to New Zealand broadcaster Newshub during a recent trip to the country, Mr Branson said that he sees a significant business opportunity for the country’s dairy farmers in marijuana. "You should legalise it, grow it, tax it, regulate it," he said. - Read the entire article at Read entire story

Illinois Considers Allowing People to Possess, Grow or Buy Marijuana

Marijuana advocates are trying to lay the groundwork for Illinois to become the first state in the Midwest and the ninth nationwide to legalize recreational pot. Two Illinois state lawmakers introduced legislation last week that would allow residents 21 and older to possess, grow or buy up to an ounce of marijuana and license businesses to sell marijuana products subject to regulation. The lawmakers say it would help fill Illinois’ multi-billion Read entire story

Texas Could Lose Millions of Tax Dollars if it Stalls Medical Marijuana

The Texas Compassionate Use Act was signed into law on June 1, 2015, by Governor Greg Abbott. However, it appears the state might not implement the medical marijuana program it passed and could walk away from millions in potential tax revenues. One of the major obstacles to establishing the program in Texas is that the state law requires doctors to write a prescription for the medical marijuana. Since marijuana is still federally illegal and Read entire story

Take A Peek Inside This San Diego Marijuana Lab

As the cannabis industry continues to be legalized and regulated, the need for analytic laboratories to test marijuana products is a growing business opportunity. PharmLabs, an accredited analytic laboratory in San Diego, California, has been testing the waters of this emerging market since 2011 and is poised to expand substantially now that Prop. 64—which legalizes personal possession and cultivation of cannabis, as well as allows for regulated Read entire story