It’s usually assumed that Canadian licensed cannabis producers have an advantage when it comes to international expansion, but the United States may have an edge over Canada in one country: Brazil. The South American country has seen steady growth in patient numbers over the past year, with the majority of CBD products arriving from the […]
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Weekly Deal Watch: International, adult-use markets attract marijuana money
From Colombia to Italy, international cannabis firms are attracting investments from Canadian companies looking to further develop their international footprints.
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MJBizDaily launches annual cannabis industry survey to collect key business data
Marijuana Business Daily has launched its seventh annual survey of cannabis industry executives and investors, an undertaking that’s intended to help the Colorado-based company provide key market, financial and operational data for businesses and entrepreneurs. Owners, founders and executives with dispensaries/retail stores, commercial cultivation operations, infused product manufacturers, vertically integrated businesses, testing labs and ancillary firms, […]
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Marijuana or hemp? Manufacturers snagged by Farm Bill confusion
Cannabis entrepreneurs say they’re facing jail time and hefty legal fees because of the plant’s complicated biology, with the vaunted 2018 Farm Bill only muddling the picture for interstate commerce. A pair of cases in Idaho and Oklahoma raised questions about how state and local law enforcement are supposed to tell the difference between hemp and marijuana. Since the […]
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Canadian marijuana firm Canopy pledges to enter US market with Farm Bill passage
Canadian cannabis giant Canopy Growth announced it will make forays into the U.S. market after the United States government passed the Farm Bill. “Canopy Growth will participate in the American market now that there is a clear, federally permissible path to the market,” Bruce Linton, chair and co-CEO of Ontario-based Canopy Growth (TSX: WEED; NYSE: […]
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FDA maintains ban on CBD in food, but promises further review
While the President’s signature on the 2018 Farm Bill legalized hemp and its derivatives, how those derivatives are used is still under the purview of U.S. Food and Drug Administration.
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Chart: 2018 Farm Bill addresses major pain points for hemp industry
Several major hurdles undermining hemp cultivators’ ability to run successful, profitable businesses are set to crumble once President Donald Trump signs the 2018 Farm Bill. Challenges such as finding processors or accessing banking services – problems attributable to the patchwork of state laws and regulations that have so far underpinned the industry – will be […]
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10 Killer Technologies. Innovation is sweeping every sector of the cannabis industry.