Tag: cannabis industry
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New report aims to protect small cannabis from corporate takeover
Thursday, 26 October 2023When cannabis is legalized, a lot is at stake for the existing, state-level industry. The entrepreneurs who make up weed’s $33.8 billion market are predominantly small business owners. A new report s ...
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A tale of two cannabis legalization experiments
Tuesday, 17 October 2023It’s been five years since the Canadian government legalized and regulated non-medical cannabis cultivation, commerce, and consumption. California is ahead of us by two years, having followed a simil ...
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Cannabis in Canada: Debunking myths about the real impacts of legalization
Monday, 09 October 2023Before Canada legalized recreational cannabis in October 2018, there was considerable debate about its potential effects. Some predicted it would trigger an economic “goldrush,” while others worried ...
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Cannabis firms are cut off from the US financial system, but relief is in sight
Sunday, 08 October 2023Imagine that you run a perfectly legal business but are unable to open a simple checking account at a national bank. Believe it or not, that’s the case right now for anyone licensed to sell cannabis ...
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The predatory perils of cannabis legalization in Jamaica
Tuesday, 26 September 2023Jamaica revised its ganja laws to build a legal medicinal cannabis industry with the hopes of exporting to the world. Many assumed that Jamaica, and the historically marginalized traditional ganja gr ...
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German government anticipates huge windfall with legalization of cannabis
Friday, 01 September 2023In November 2021, when it was announced the German government would send a law to the Bundestag to legalize the consumption and possession of marijuana - which was approved on August 16 - a team of r ...
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A beachside city became California’s legal cannabis capital. Not everyone is stoked
Thursday, 03 August 2023Thanks to the most lenient policies in California for recreational marijuana, Santa Barbara county is now the state’s undisputed capital of legal cannabis, boasting more acres than each of the the st ...
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Canadian marijuana entrepreneurs shift focus to ‘micro’ licenses
Monday, 17 July 2023Cannabis entrepreneurs in Canada are increasingly turning to smaller micro-cultivation facilities to manage costs and produce higher-quality marijuana at a time when the industry is facing a glut of ...
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Legal but locked out
Wednesday, 14 June 2023As Jamaica continues to promote medicinal cannabis to attract investors and spur the industry's development, entrepreneurs face significant hurdles due to the fact that, while their businesses are le ...
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Canada’s unsold cannabis inventory balloons to 1.5 billion grams
Tuesday, 06 June 2023Business failures and consolidation failed to stop Canada’s stockpile of unsold cannabis from reaching a new high in the final quarter of 2022, the latest sign that shrinking prices and margins could ...
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Morocco: Two years after cannabis law, farmers in the Rif still 'in the dark'
Monday, 08 May 20232023 may be the year of his first legal cannabis harvest in Morocco. After years of semi-underground, Aziz has decided to move over to "the legal side." The farmer from the Rif, a mountainous region ...
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Thailand's promised cannabis bonanza disappoints as politicians trade blame
Thursday, 06 April 2023Thailand's decriminalisation of cannabis has delighted its fans, alarmed some health experts and has increasingly disappointed farmers who have been undercut by illegal imports, sending a promise of ...
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Cannabis industry plans for South Africa have stalled: how to get them moving again
Friday, 24 March 2023The opportunity to commercialise the hemp and cannabis industry in South Africa is that it is a new, fast-growing, multi-billion dollar sector with local and international markets. The potential lega ...
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À Chefchaouen, les coopératives s’apprêtent à lancer la saison de culture du cannabis légalisé
Tuesday, 07 March 2023Un atelier de travail s’est tenu, le 6 mars au siège de la province de Chefchaouen, afin d’examiner les modalités concrètes de soutien aux coopératives pour le lancement de la saison de culture du ca ...
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Jamaican ganja farmers outraged after licence granted to import Canadian herb
Sunday, 26 February 2023Some local ganja farmers are fuming over reports that a licence has been granted to a company to import Canadian cannabis into Jamaica. Speaking inside the ‘Jamaica Cannabis Industry Forum’ WhatsApp ...
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Cannabis associations will need to have salaries approved by regulator
Saturday, 18 February 2023Salaries paid out by cannabis associations will have to be approved by the regulator to ensure they are in line with market rates, ARUC boss Leonid McKay has said. The Authority for the Responsible U ...
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Canadian wholesale cannabis prices are off more than 40% in 2022
Wednesday, 15 February 2023Canadian cannabis wholesale prices tumbled more than 40% last year as companies continued to work through stubborn supply gluts and struggling cultivators chose to sell off their unsold marijuana ins ...
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Why is Lesotho’s cannabis boom failing to deliver the prosperity it promised?
Wednesday, 15 February 2023Even though legislation in 2008 made it possible to grow cannabis for medical or scientific purposes in Lesotho, doing so without a licence from the health ministry, and for recreational use, remains ...
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Cannabis producer Canopy cutting 800 jobs, closing flagship Canadian facility
Thursday, 09 February 2023Canadian cannabis producer Canopy Growth said it is closing its flagship cultivation facility in Smiths Falls, Ontario, and cutting more than a third of its workforce as part of a shift to an “asset- ...
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Is legal weed doomed to be run by big business?
Wednesday, 28 December 2022If the federal government legalizes cannabis, lawmakers should beware of monopolization by national corporations, says Shaleen Title, chief executive of the cannabis policy think tank Parabola Center ...
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Marijuana law reached peak absurdity in 2022
Saturday, 24 December 2022Banning a plant with hundreds of industrial and medical uses was never going to work out well, but 2022 saw marijuana prohibition reach peak absurdity, not to mention peak confusion for consumers and ...
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Activists fear medical cannabis companies want in on recreational market
Monday, 21 November 2022Established medical cannabis companies could be looking to set their foot in Malta’s flegdling recreational cannabis market, according to sources. Releaf, the NGO that led the campaign to legalise re ...
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A tale of marijuana charlatans, corruption, collusion and exploitation
Wednesday, 16 November 2022Through manipulating trust and exploiting public ignorance, cannabis charlatans – new and old – are trying to construct corporate empires, some of which appear to be based on corruption, collusion an ...
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Could Germany’s impending cannabis legalization prop up Canada’s flagging producers?
Sunday, 18 September 2022First-mover advantage: It’s a phrase long used by Canadian cannabis companies that have spent billions of dollars to accelerate their international sprawl since legalization in 2018. But as Germany m ...
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Cannabis policy changes in Africa are welcome. But small producers are the losers
Monday, 30 May 2022Many African states that persecuted citizens for cannabis related offences for years are now promoting legal cannabis production. Over the past five years 10 countries have passed laws to legalise pr ...
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Why cannabis prices are plunging – unlike just about everything else
Monday, 02 May 2022As Canadians deal with the highest inflation in decades and broadening price hikes, one industry remains locked in a lengthy trend of discounting and bargain rates: cannabis. Laden with inventory, pr ...
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Africa eyes the global cannabis market
Wednesday, 06 April 2022Benjamin Cadet stands among his plants in a white polo shirt bearing his company logo. He dons surgeon's gloves and handles the flowers carefully. They are full of pollen — ripe for the picking. The ...
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Inside California's cannabis crisis
Monday, 21 February 2022California’s marijuana market, which reached an estimated $4.4 billion in sales in 2020, has seemingly reached peak cannabis capitalism. But the overwhelming sense amongst the so-called “legacy growe ...
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Budding market: Lucrative cannabis industry looks to leverage ex-politicians’ sway
Wednesday, 02 February 2022Not too long ago, Ehud Olmert was trying to lead Israel to a historic peace agreement. These days, the former Israeli prime minister is pushing a different message: Legalize marijuana. Olmert is amon ...
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A cannabis monopoly asteroid is coming
Tuesday, 01 February 2022If you think two or three powerful companies owning and controlling the sales of all regulated marijuana sounds like a good thing, you can click away from this article. But if the thought of a market ...
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Cannabis companies facing 'crossroads' selling off stores, farms and warehouses
Thursday, 13 January 2022Cannabis companies are selling off growing facilities, stores and warehouses as they try to better align their offerings with demand. Industry observers say demand for cannabis is high, but there are ...
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Three years post-legalization, Canada's cannabis industry ready for a reset
Friday, 15 October 2021Three years after Canada legalized cannabis, the industry appears ready for a reset. When midnight struck on Oct. 17, 2018, Canada became the first developed nation to allow the sale of cannabis for ...
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Despite layoffs and losses, cannabis CEOs awarded millions in bonuses
Monday, 11 October 2021Despite stagnant revenue, layoffs, facility closings and big losses, the top executives of some of the largest cannabis companies in Canada were awarded millions in bonuses and performance stock gran ...
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Stand for craft: How Canada’s craft cannabis cultivators are pushing for tax reform
Wednesday, 29 September 2021It’s been just three short years since cannabis was legalized in Canada, but it’s already clear the nation’s exorbitant taxation on cannabis cultivators is not only unsustainable; it’s killing craft ...
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What do you do with a billion grams of surplus weed?
Thursday, 05 August 2021Back in 2018, during those months before Canada legalized recreational cannabis, things were good for the pot industry. Companies were being hyped as pioneers in “the green frontier” and “proof that ...
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Canadian cannabis producers have sold less than 20% of output since adult-use legalization
Wednesday, 28 July 2021Cannabis producers in Canada have sold less than 20% of their production since the country launched adult-use sales in October 2018, according to an MJBizDaily analysis. The newest data – which runs ...
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Fact or fable: Will cannabis be Africa’s economic saviour?
Sunday, 18 July 2021In recent years several African governments have changed their stance and implemented policies that legalise cannabis cultivation, manufacturing and processing, mostly for the export market. In south ...
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Massachusetts cannabis workers unionize, part of a national movement
Thursday, 01 July 2021Many cannabis cultivation workers share common challenges. They frequently lack a living wage, benefits (like health care and retirement plans) or pathways for professional development. Workers and a ...
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Congress only has one chance to legalize marijuana the right way
Tuesday, 01 June 2021Congressional Democratic leaders filed a marijuana legalization bill last week aimed at remedying the injustices of the drug war. But my experience as a regulator overseeing the implementation of Mas ...
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Cannabis goes corporate: Lobbyists, unions seek to shape marijuana industry
Saturday, 08 May 2021The rally at the state capitol on April 20, the unofficial holiday for pot aficionados, brought out green-wigged supporters ringed in wisps of smoke. These days, they are far from the only people adv ...
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After Aphria deal, the new Tilray eyes transformation into a global cannabis brands giant
Monday, 03 May 2021Tilray Inc. shareholders approved the merger with Aphria Inc., creating a cannabis powerhouse that’s both the largest medical marijuana company in Europe and a major player in Canada’s recreational m ...
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Lesotho firm first in Africa to be granted EU licence for medical cannabis
Wednesday, 21 April 2021A company in Lesotho has become the first in Africa to receive a licence to sell medical cannabis to the EU. The country’s top medical cannabis producer, MG Health, announced it had met the EU’s good ...
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After ‘Green Rush,’ Canada’s legal pot suppliers are stumbling
Sunday, 18 April 2021When Prime Minister Justin Trudeau’s government’s legalized marijuana in 2018, a primary goal was to create a more equitable justice system — not a major new business sector. Investors, however, thou ...
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A Sustainable Future for Cannabis Farmers
Friday, 16 April 2021
Learn how lessening the barriers for small farmers while raising them for large companies can help to steer legal cannabis markets in a more sustainable and equitable direction based on principles of ...
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This cannabis giant has European targets in its sights ahead of U.S. legalization frenzy, CEO says
Monday, 12 April 2021Cannabis deals in Europe will help pot giant Aphria build up a war chest ahead of an expected frenzy of mergers and acquisitions in the U.S. High-margin medical cannabis agreements in Europe represen ...
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A founding father of legal pot in Colorado reveals regrets
Friday, 09 April 2021I helped write Amendment 64, litigated numerous cases before and after 64 to make it a reality, and also helped design implementing regulations at the state and local levels.I wish I could be proud o ...
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Big tobacco is coming for legal marijuana
Thursday, 08 April 2021Big Tobacco has been planning for this moment for decades. A 1983 industry list titled New Product Ideas, made public as part of a court settlement, reveals that tobacco companies even then were anti ...
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New chairman of CLA wants ganja industry to earn maximum benefits globally
Friday, 02 April 2021Reforming the Cannabis industry into one which earns maximum benefits globally, is the goal of newly appointed Chairman for the Cannabis Licensing Authority (CLA), LeVaughn Flynn. Flynn, who has writ ...
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New York legalizing weed could mean big things for the future of the cannabis industry
Thursday, 01 April 2021New York became the latest state to legalize recreational cannabis, and is poised to become one of the nation's largest markets. The multibillion-dollar business opportunity would be lucrative for ca ...
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Cannabis: Black farmers to ‘shut down’ regulator
Tuesday, 23 March 2021The Black Farmers' Association of South Africa (BFASA) have threatened to shut down the regulatory authority for allegedly excluding them from opportunities in the rapidly growing cannabis industry. ...
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