market

A Vancouver company that develops and brings to market therapeutic pharmaceuticals and nutraceuticals intends to buy another British Columbia company that processes, packages and distributes nutritional organic hemp products. Pivot Pharmaceuticals Inc. executed a letter of intent to acquire...

When Karan Wadhera abandoned a successful career as an investment banker in Asia to plunge into North America's cannabis industry, former colleagues could have been forgiven for thinking he was smoking weed himself. But for Mr Wadhera, Indian by birth but who has a US education and...

Vermont's handful of medical marijuana dispensaries have exclusive permission to grow and sell marijuana in the state. If and when lawmakers legalize non-medical weed, they will likely have a head start on a very profitable industry. From the outside, Shayne Lynn's 2,800-square-foot building...

What are the top three U.S.-based marijuana growers that are publicly traded and have market caps of at least $500 million? If you're having trouble coming up with names of the companies, don't feel bad: There aren't any U.S.-based companies that meet the criteria. If we substituted Canada...

While many traders are looking to tech or Pharma for the next big breakout, others are attempting to get in front of the market by trading an industry that is anticipated to grow to $20.6 billion by 2020. While cannabis isn't entirely legal in the U.S., it's legal to invest in cannabis companies...

According to a research published by Ameri Research Inc., the global legal cannabis market was valued at $14.3 billion in 2016. The market is forecast to grow at a CAGR of 21.1% between 2017 and 2024, while reaching a value of $63.5 billion in global sales in 2024. The rising demand of cannabis...

The black market will continue in Alberta if the province goes with a government-run sales model for recreational marijuana when it's legalized next year, predicts a mid-level dealer who has been selling dope in Calgary for nearly 20 years. "If it goes Ontario's model, I become richer," said...

Medical marijuana was one of the "hot topics" at the recent PACK EXPO Las Vegas/Healthcare Packaging EXPO. One example: A video interview in which Presto Products Co.'s Todd Meussling discussed packaging hurdles, package types and challenges. Packaging opportunities are especially promising...

The mainstreaming of marijuana is about to get huge boost. Recreational marijuana sales will launch in three states next year, including the biggest one of all: California. It's already for sale in five states, but the addition of a legal retail marijuana market in California, with its...

Some of Canada's biggest marijuana producers are banding together to create a private retail co-operative that would sell cannabis for recreational use in Alberta, once it is legalized next year. The Canadian Cannabis Co-op – made up of 12 licensed producers including Aphria, Hydropothecary...

If a recent poll is anything to go by, over six million Canadians who don’t smoke (or vape, or ingest) marijuana now plan to try it when it’s legal starting next July. Any way you look at it, that’s a lot of pot. Expected national demand under recreational legalization is in the range of...

Cannabis Benchmarks has released a new Mid-2017 Wholesale Market report on the spot prices for cannabis in legal markets. Cannabis Benchmarks is a division of New Leaf Data Services and gathers its pricing information from in-the-field reporters who contact cultivators and dispensaries...

For 20 years, California has been allowing the legal sale of medical marijuana in an unregulated environment and that will change in January 2018. State and local officials are now facing the challenge of bringing in line all of the players that have operated without any rules or consequences of...

Some people involved in Canada's unregulated cannabis industry say, unless something changes quickly, the supply of available pot come legalization next July, will be inadequate, and the black market will continue to thrive. In British Columbia, Public Safety Minister Mike Farnworth announced...

California has a marijuana conundrum. As regulators in California prepare for the start of recreational marijuana sales in January, people in the industry say they are concerned that the rollout may not be as smooth as was promised by the promoters of Prop 64, the ballot measure last November...

A B.C. pot activist and dispensary owner told MPs studying the government's cannabis legalization bill Friday that excluding edible cannabis products from next year's planned rollout will mean the black market will continue to supply them. "If the government is not going to allow edibles and...

Elev8 Brands, Inc., a holding company focused on the commercial development of hemp and CBD-based products including hemp coffee, tea, and E-juices, which target the health and wellness markets, announces Lucky's Market is now carrying Elev8 Hemp Coffee in the coffee aisle of their Orlando, FL...

A new website launched Tuesday aims to be the cannabis industry's preeminent source for in-depth financial reporting. The Green Market Report will publish news briefs on all facets of the cannabis business, including banking issues, investment, cultivation and extraction, as well as...

New figures from marijuana business analysts confirm that Los Angeles will continue to be an American cannabis market without peer as legal recreational sales begin in January. New Frontier Data and delivery platform greenRush today released a new analysis of expected statewide marijuana...

The Canadian government intends to legalize cannabis by July 1, 2018, making adult recreational marijuana use legal throughout Canada. This change does not mean all cannabis will be legal; only marijuana produced by federally-licensed entities will be. Ottawa's licensing regime will ensure that...