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Full financial effect of Canada’s recreational marijuana ‘soft launch’ may be years away

  • October 16, 2018
When Canada becomes the first Group of Seven country to legalize recreational cannabis on Wednesday, market observers say it will amount to a “soft launch,” with the full financial effect of this multibillion dollar industry still years away from being realized. The early months will be marked by a small number of stores, limited product […] Full financial effect of Canada’s recreational marijuana ‘soft launch’ may be years away is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

‘Shortage’ of marijuana seeds may delay legal Canadian home grows

  • October 16, 2018
The vast majority of Canadian consumers who had hoped to start legally growing their own cannabis for recreational use as early as Wednesday will be out of luck. Wholesalers in the country’s two largest cannabis markets – Ontario and British Columbia – confirmed to Marijuana Business Daily that they will not have recreational marijuana seeds or […] ‘Shortage’ of marijuana seeds may delay legal Canadian home grows is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

NJ medical cannabis dispensaries can now post prices online

  • October 16, 2018
New Jersey is allowing medical marijuana dispensaries to advertise prices on their websites and social media, a move generally welcomed by the state’s cannabis industry as a way to differentiate offerings. “Certainly it’s going to be good for businesses,” said Scott Rudder, president of the New Jersey CannaBusiness Association. “It gives them the opportunity to show […] NJ medical cannabis dispensaries can now post prices online is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Ahead of Canada’s big day, forecast for cannabis industry gets a boost

  • October 16, 2018
On the eve of Canada’s historic launch of its recreational marijuana program, the global cannabis industry appears poised for explosive growth thanks to the confluence of a host of market developments. “The well-capitalized cannabis industry has been evolving rapidly and looks to address a far larger (market) than we had originally forecast,” Wall Street analyst […] Ahead of Canada’s big day, forecast for cannabis industry gets a boost is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Survey: Americans, Canadians Want to Try Legalized Marijuana

  • October 15, 2018
There’s a sizable market waiting and willing to try legal cannabis-infused products, according to a new survey by Chicago-based management consulting firm A.T. Kearney, signaling that laws could be lagging behind public sentiment in both Canada and the United States. The company surveyed about 2,000 Americans and Canadians with some awareness of cannabis about their [...]

Canadian Marijuana Shops Will Be Few, Far Between Oct. 17

  • October 15, 2018
Canadian adults will be able to purchase marijuana legally across the country Wednesday, Oct. 17, 2018. But the number of stores per province or territory and per capita at this point varies widely, an analysis Marijuana Moment conducted shows. For residents of Canada’s most and least populous provinces and territories, Ontario and Nunavut, respectively, online [...]

Lawmaker: Trump To Back Medical Marijuana After Midterms

  • October 15, 2018
Cannabis reform will likely be on the Trump administration’s agenda after the midterm elections, Republican U.S. Rep. Dana Rohrabacher of California said Thursday. In an interview with Fox Business, Rohrabacher said he’s been “talking to people inside the White House” and members of President Donald Trump’s inner circle about ending cannabis prohibition. The congressman said [...]

Democrats, GOP Both Want to Lead In 2019 On Legal Marijuana

  • October 15, 2018
Which U.S. party is going to take a leadership role in advancing marijuana reform after the midterm elections? It depends on whom you ask. Both U.S. Reps. Dana Rohrabacher, a Republican from California, and Earl Blumenauer, a Democrat from Oregon, indicated on Oct. 11, 2018, that their respective parties would be backing legislation to change [...]

Melissa Etheridge Talks Art and Advocacy In Legalization Era

  • October 15, 2018
It’s been a little over a year since singer, activist, and marijuana entrepreneur Melissa Etheridge was arrested in August 2017 for cannabis possession by federal agents in North Dakota near the U.S.-Canada border. Her tour bus was stopped and searched shortly after touring in Alberta, and agents discovered a vape pen containing cannabis oil. Etheridge, [...]

Colombian government’s antidrug stance could boost legal cannabis industry

  • October 15, 2018
A harder stand on drugs by Colombia’s new president won’t have a negative impact on the country’s burgeoning legal medical cannabis industry, according to executives in the country – and it could even be a positive development for the sector. President Ivan Duque signed a decree on Oct. 1 banning the possession and use of […] Colombian government’s antidrug stance could boost legal cannabis industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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