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Big Alcohol Begins to Test Cannabis Waters

Big Alcohol Begins to Test Cannabis Waters

If you can't beat 'em, join 'em. That appears to be the new approach the alcohol industry is taking towards legal cannabis after years of opposition due to the perception that the plant is a big competitor of beer, wine, and spirits. Molson Coors Brewing Company announced this week it would be...

California Pot Shops Forced to Destroy $350 Million Worth of Weed

California Pot Shops Forced to Destroy $350 Million Worth of Weed

In a move some are dubbing “The Marijuanapocalypse of 2018,” an estimated $350 million worth of cannabis products were destroyed in California last week due to new regulations that took effect July 1st. Legal sales of adult-use cannabis started on January 1st, but it wasn't until six...

Canadian Cannabis Entrepreneurs are Afraid of the US – Here's Why

Canadian Cannabis Entrepreneurs are Afraid of the US – Here's Why

Canada is about to become the first G-7 nation and only the second country in the world to fully legalize both medical and recreational cannabis. Despite our neighbor to the North approving the plant, the United States is standing firm on its federal ban. In fact, many Canadians involved with legal...

Canadian Firm Buys Nevada's Oldest Medical Marijuana Dispensary

Canadian Firm Buys Nevada's Oldest Medical Marijuana Dispensary

Canada is about to become the first G-7 nation to legalize both medical and recreational cannabis fully. Entrepreneurs are setting themselves up to become behemoths in the global marketplace.
C21 Investments (CSE:CXXI), a Vancouver, British Columbia-based firm, announced plans last week that...

5 Pot Stocks to Watch

5 Pot Stocks to Watch

The rapidly expanding global cannabis market is on deck to be worth an estimated $32 billion in 2020 according to analysts with the Arcview Group, a jump of 230% from the paltry $9.5 billion in 2017. This has led to a so-called “green rush” reminiscent of the Dot Com boom of the late...

California Bans Hemp-Derived CBD

California Bans Hemp-Derived CBD

A recent decision by California state legislators may have far-reaching implications on the burgeoning cannabidiol (“CBD”) market and a negative effect on patients taking the cannabinoid for health reasons. The public health department's Food and Drug Branch (“FDB”) issued a...

Legal Cannabis Could Siphon Over $4 Billion from Big Pharma Every Year

Legal Cannabis Could Siphon Over $4 Billion from Big Pharma Every Year

As more and more people turn to medical marijuana in states where the plant has been legalized, questions have been swirling about how the pharmaceutical industry plans to respond. In the case of GW Pharmaceuticals, the UK-based firm behind recently FDA and DEA - approved cannabinoid medication...