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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...