Tag: cannabis industry
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Will Canada become America's cannabis capital?
Friday, 13 May 2016Canadian prime minister Justin Trudeau has vowed to legalise recreational marijuana consumption on a federal level, opening the door to investment, less restrictive tax policies and banks that can tr ...
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Portland startup maps cannabis genome to protect weed from Monsanto patenting
Saturday, 23 April 2016A Portland biotechnology company has launched a 3-D map that charts the genetic evolution of cannabis genomes, protecting strains like OG Kush from future patent attempts by big agricultural companie ...
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What a looming patent war could mean for the future of the marijuana industry
Wednesday, 20 April 2016On August 4, 2015, US officials quietly made history by approving the first-ever patent, No. 9095554, for a plant containing significant amounts of THC, the main psychoactive ingredient in marijuana, ...
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Legal marijuana sales projected to reach $6.7 billion in 2016
Sunday, 31 January 2016Just how big is the market for legal pot? A new report by a leading marijuana industry investment and research firm found legal cannabis sales jumped 17%, to $5.4 billion, in 2015 and they will grow ...
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Canada’s medical pot producers set sights on recreational users
Thursday, 28 January 2016Canada’s producers of medical marijuana are sitting on a seven-tonne stash of weed, with the inventory steadily growing as supply exceeds demand in the legal system, according to the most recent Heal ...
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Canadian investors show interest in local ganja
Tuesday, 12 January 2016Following the lead of several US states in holding referendums which have been supportive of reducing the legal restraints on the use of the drug, Jamaica amended its Dangerous Drugs Act in April las ...
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Cannabis industry, advocates trying to find right balance on marijuana legalization
Tuesday, 08 December 2015Business and advocates both play a key role in furthering marijuana legalization, but finding the ideal balance is proving difficult. That was particularly evident with Ohio’s ill-fated legalization ...
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Canada’s next big move? It may be legalizing pot
Saturday, 05 December 2015The new Liberal government has promised to act quickly to legalize marijuana for general use, which would make Canada the first Group of 20 country to end cannabis prohibition. The Liberals point out ...
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Big Marijuana is coming — and even legalization supporters are worried
Wednesday, 02 December 2015Ohioans rejected a very unusual marijuana legalization proposal. Beyond legalizing pot, the ballot initiative would have given campaign donors direct rights to the state's 10 pot farms as an explicit ...
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On ballot, Ohio grapples with specter of marijuana monopoly
Saturday, 31 October 2015Ohio lawyer Don Wirtshafter has fought for decades to make marijuana legal, calling it “my life’s work.” But when Ohio voters go to the polls to consider a constitutional amendment to allow marijuana ...
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Government awards third ganja research licence
Monday, 26 October 2015Canadian nutraceutical and pharmaceutical company, Timeless Herbal Care Limited (THC), which has operations in Jamaica, is the first private entity to be granted a ganja research licence by the Gover ...
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Colorado's largest pot grower sued by two consumers over pesticide use
Sunday, 04 October 2015A pair of marijuana users in Colorado — one of them a medical-card holder with a brain tumor — have sued the state's largest pot grower for allegedly using a potentially dangerous pesticide on the po ...
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Marijuana prohibition can do more harm than good, doctors tell federal parties
Sunday, 20 September 2015If Canada's new government chooses to legalize marijuana beyond medical use then it should get into the business of controlling its supply and sale to prevent the rise of a "Big Cannabis," addiction ...
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Ganja ready for the big times
Thursday, 17 September 2015Going by the announcement by Canada-based Timeless Herbal Care Limited (THC), Jamaica stands to benefit from a US$100-million deal to develop medical marijuana products here for the international mar ...
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Ganja growers warned: GET 'LEGIT' TO GET IN IT!
Saturday, 22 August 2015Local ganja growers, particularly small farmers, in Jamaica are being urged to enter the formal market to benefit from the decriminalising of the product rather than seeking to operate in the undergr ...
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‘Medical cannabis could be worth more to Israel than natural gas’
Saturday, 15 August 2015If Israel grew pot instead of peppers, said Dr. Tamir Gadot, CEO of pro-medical cannabis agricultural association Breath of Life, the economy would be the biggest beneficiary, arguing that the govern ...
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Ohio's legal weed proposal could create the world’s first 'pot grower oligarchy'
Saturday, 15 August 2015Ohio voters will have the opportunity to legalize the commercial cultivation and sale of cannabis this November, including for medical marijuana patients and recreational consumers. Critics say the p ...
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The tragedy of the ganja policy
Saturday, 08 August 2015The amendment of the Dangerous Drugs Act 2015 in February has laid the foundation for the development of the policy framework governing a ganja industry in Jamaica. Key Ministries have to develop pol ...
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None but ourselves can 'free' the weed
Saturday, 04 July 2015Traditional small ganja farmers in Jamaica, accustomed to clandestinely working their fields, will now have to adhere to strict regulations in order to supply research institutions that have been gra ...
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Silicon Valley meets Bob Marley
Friday, 03 July 2015Men in suits swarmed everywhere, but no spliff or bong could be seen. Any doubts that the legal marijuana (or cannabis) industry is now a serious business soon disappeared after a few hours at the Ar ...
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Marijuana incorporated: cannabis eases into a billion-dollar business high
Friday, 22 May 2015Now legalised in 23 states and the District of Columbia for medical use and four states – Colorado, Washington, Oregon and Alaska – and DC for recreational use, weed is big business. Cassandra Farrin ...
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BSJ developing plan to ensure Jamaica's ganja is protected
Saturday, 02 May 2015The Bureau of Standards Jamaica (BSJ), which was mandated to design a regulatory plan for the decriminalised ganja industry, has developed a 17-step scientific footprint proposal. According to the BS ...
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US president cautions against hopes of ganja legalisation
Friday, 10 April 2015President Barack Obama cautioned persons who have hopes of marijuana being legalised, as he explained the difference between legalisation and decriminalisation. "We had some discussion with Caricom c ...
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Canadian company to tap into Jamaica for medicinal cannabis supply
Saturday, 04 April 2015A Canadian company is seeking to tap into the Jamaican market for the supply of dried marijuana to the medicinal marijuana industry in Canada. Marketing director of FLOR, Raymond Grant, (the local ag ...
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Big need for marijuana banking, yet Congress has ‘no appetite’ to fix issue
Friday, 03 April 2015Congress doesn’t have the appetite to deal with the conflict between federal and state laws that has caused a banking crisis for the burgeoning marijuana industry in Colorado and other states, accord ...
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Farmers encouraged to make use of ganja opportunities
Wednesday, 18 March 2015Small ganja farmers across the island are being encouraged to make use of the opportunities that will be available in the medicinal ganja industry. Science, Technology, Energy and Mining Minister, Ph ...
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2014 performance of cannabis stocks by quarter
Monday, 02 March 2015Cannabis stocks proved lucrative at the beginning of 2014, but the chances of a solid return deteriorated in the second half of the year. An investor who pumped money into a mix of securities followe ...
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Lowe wants public sector cooperation on ganja
Saturday, 28 February 2015Executive Chairman of Medicanja, Dr Henry Lowe, is urging a spirit of cooperation between government ministries and agencies involved in the development of Jamaica's ganja industry, following the pas ...
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The weed war undermines science
Tuesday, 10 February 2015Columbia professor Carl Hart: "The National Institute on Drug Abuse funds 90 percent of the world's research on drug abuse with our tax dollars. The mission of NIDA is to focus on pathology, or drug ...
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Ganja interests wary of internal business rivalry
Saturday, 31 January 2015Despite strong ministerial and legislative signals, segments of the marijuana lobby are unsure that sufficient protections will be afforded to the persons who currently supply the raw material. The c ...
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Israeli medical marijuana creates buzz but no high — will it go global?
Saturday, 31 January 2015Israel has become a world leader in science on the medical uses of marijuana, and its producers could become major exporters of medical cannabis. But so far, the government has allowed them to export ...
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High hopes: Legalized pot is on the way
Thursday, 29 January 2015Moving from illicit to licit requires regulations that allow enough of a legal market to dry out the black one – ideally, while bringing in much-needed tax revenue – and a blend of stiff penalties fo ...
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Report predicts 18 states will legalize pot by 2020
Sunday, 25 January 2015A new report predicts that 18 U.S. states will have legalized recreational marijuana in the next five years, a huge increase from the four states that currently have or are in the process of creating ...
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The legalization of marijuana: a good example of flexible policymaking
Wednesday, 21 January 2015Marijuana policy may not seem like the natural setting to model policies that pursue inclusive growth, but the innovative policy-making processes initiated in four US states are actually well worth c ...
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Seattle's legal marijuana euphoria over as industry undergoes growing pains
Thursday, 15 January 2015The legal marijuana market in the state of Washington opened last summer to a dearth of weed. Some stores periodically closed because they didn’t have pot to sell. Prices were through the roof. Six m ...
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Canadian lawyers scent profit as medical marijuana industry prepares to go legit
Tuesday, 06 January 2015Since 2001, Canada has allowed patients to grow their own marijuana or designate a grower to do so on their behalf, but a policy change established the opportunity for licensed growers operating unde ...
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KanaVape: Cannabis e-cigarette to go on sale in the UK
Tuesday, 16 December 2014The vaping trend seemingly knows no bounds as the first “cannabis” e-cigarette goes on sale in the UK. The KanaVape, which contains hemp, has been legalised for use in France by people with cancer, m ...
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France plans to stub out e-joints
Monday, 15 December 2014France has sought to stamp out a new electronic cigarette containing cannabis, launched with the claim that it provides all of the relaxation but none of the mind-altering effects of the drug. The he ...
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Pot industry plants seeds on Capitol Hill
Thursday, 04 December 2014The legal weed industry is trying to grow something else these days: political influence. The National Cannabis Industry Association has spent $60,000 lobbying Congress and federal regulators during ...
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Marijuana’s big-money Marley Brand makes a splash
Monday, 24 November 2014Last week, NBC’s Today Show giddily announced an exclusive: Privateer Holdings, the Seattle marijuana company long acclaimed locally for its straight, corporate image and Ivy-League-educated bosses, ...
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Marijuana industry sets its sights on the mainstream
Monday, 24 November 2014Marijuana is growing up. As Colorado and Washington’s recreational marijuana industries blossom and new markets in Oregon and Alaska begin to take shape, so-called ganjapreneurs are looking for ways ...
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Is ‘Big Marijuana’ inevitable?
Tuesday, 18 November 2014It looks like the use of recreational marijuana is heading down the path of legalization across the country. Voters in Alaska, Oregon and the District of Columbia approved legalizing measures on Nov. ...
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Stir it up: Bob Marley to headline corporate cannabis brand
Monday, 17 November 2014The Marley family and a Seattle-based private equity firm announced the creation of Marley Natural, "a premium cannabis brand rooted in the life and legacy" of one of marijuana’s most devoted sons. M ...
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Cannabis hedge funds join the green rush
Friday, 14 November 2014The pot business is exploding. The devotees toiling away since states started legalizing medical marijuana nearly 20 years ago now must compete in a radically different business culture. The rapid sp ...
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The Marlboro of marijuana
Friday, 07 November 2014Would household names really consider selling cannabis? They already have. In 1969 a Philip Morris executive wrote to the Justice Department, requesting a sample of marijuana for testing. In 1970 Bri ...
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Fear of cannabis commerce didn't, won't and shouldn't stop legalization
Wednesday, 05 November 2014Three marijuana legalization initiatives were on the ballot this week, and all three won. That’s a better outcome than I was expecting. I was surprised when voters in Colorado and Washington approved ...
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Legal marijuana could be $130 million a year business in D.C., study finds
Wednesday, 29 October 2014If D.C. residents vote to legalize marijuana possession next week, it wouldn’t just mean a sea change in drug policy in the nation’s capital. It could also mean big business. A study by District fina ...
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The marijuana industry could be bigger than the NFL by 2020
Thursday, 23 October 2014A report from Greenwave Advisors, a "comprehensive research and financial analysis for the emerging legalized marijuana industry," projects that legal cannabis could be an industry with revenues of $ ...
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Race, class, and cannabis in the Caribbean
Thursday, 23 October 2014Given the regional discussions of allowing the use of ganja for medicinal purposes—and its eventual decriminalization—two prominent ganja advocates in the Eastern Caribbean have been arguing that thi ...
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Colorado recreational marijuana industry begins major transformation
Sunday, 29 June 2014Only six months old, Colorado's recreational marijuana industry starts a transformation that could add hundreds of new pot businesses to the state and reconfigure the market's architecture. Previousl ...
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