market

British cannabis-derived medicines company GW Pharma is planning to gear up its plant growing and processing operations in the UK over the next year. The firm, which switched a listing on London's junior market Aim for New York's Nasdaq last year, where it has a market value of $2.6bn...

A growing market for industrial hemp as food, fiber and nutraceuticals is gaining ground in west central Minnesota and could find a place in Kandiyohi County. There's at least one field of hemp planted this year in Chippewa County and a food-grade processing facility is being established in...

Black-market marijuana has been very good for Michael. For 22 years, he has grown and sold the stuff in and around Montreal. An illegal activity punishable by up to life in prison, selling the pungent bounty that he cultivates in his basement has nonetheless given Michael the sheen of...

Medicinal cannabis, also known as medicinal marijuana, is used either to treat disease or improve symptoms. Cannabis has been considered to be a major source of drug addiction. Extract from the dried flower bud part of the plant called as Marijuana has certain medicinal properties. The two...

There has been strong demand during the first two weeks of Hawaii's medical cannabis sales, but dispensaries are still competing with black market sellers. "It's probably double the price of what I usually pay for when I get it from my friends," said Romy, a patient who has purchased products...

Two booming markets are intersecting in the United States right now: legal cannabis and bitcoin. America's cannabis market is predicted to reach a valuation of up to $50 billion by 2026, and the value of bitcoin reached record highs in August, surpassing $4,000 per coin and remaining above that...

Sen. Cory Booker, D-N.J., has recently introduced legislation to legalize marijuana at the federal level. His bill will no doubt inspire the standard criticisms, one of which is that legalization does not eliminate the black market. Kevin Sabet, director of the Drug Policy Institute, claims that...

2018 looks to turn the Golden State into the greenest territory on the west coast. After the legalization of marijuana — thanks to Prop 64, adult Californians will be able to buy, grow and sell pot recreationally. This game changer will have a dramatic affect on the states economy; and the...

Few think of South Carolina when it comes to the legal marijuana industry, but two young entrepreneurs in Charleston eyed an opportunity and pursued it. About a year ago, Daniel Russell-Einhorn and Sam Whetsel started Smokus Focus, airtight jars of various sizes that include a magnifying lid...

Canopy Growth is poised to emerge as the dominant player in the Canadian marijuana market once federal legalization takes effect on July 1st, 2018. The market for marijuana products in Canada is vast and is projected to increase significantly in the near future. Investors wishing to profit from...

The marriage of technology and cannabis entrepreneurship has gone from a passion-project for growers, to a full-fledged venture capitalist (VC) bonanza in just the past year and a half. Marijuana startups are no longer simply the domain of experts on cultivation and plant-strain for medical...

Mounting research from around the world suggests marijuana's potential to treat multiple medical conditions ranging from chronic pain to cancer, epilepsy, HIV/AIDS, anxiety and more. Predicted to reach $55.8 billion by 20251, the global medical marijuana industry presents to investors a wide...

The state has tried its best to crush the black market since legalization, slashing plant counts and upping black- and gray-market enforcement of unregulated medical and recreational grows. All of that home-grow hatred and a maturing cannabis industry has undoubtedly cut into black-market...

Every few days, Chad Crandall and Emily Isler take a break from tending to the chickens, pigs and crops and head to the kitchen to cook up their weekly supply of marijuana-infused maple sugar candies. The soft-spoken caregivers sell their sweet little confections, which are made from their...

Last week, I wrote about mandatory-minimum sentencing for federal drug crimes. Attorney General Jeff Sessions considers the practice a critical and unavoidable tool in defeating a violent black market of cannabis that he claims is destroying American communities. You may wonder if such a...

Nevada started selling cannabis for adult use just a couple of weeks ago and dispensaries are already running low on (or even out of) product. Almost every major media outlet in the U.S. has reported on this event, explaining the shortage is caused by distribution problems and inefficiencies...

Are Nevada officials actually trying to preserve the state's marijuana black market? In the first four days that Nevada residents could legally purchase marijuana for recreational uses, state retailers made $3 million in sales—and lined the state government's coffers to the tune of a cool...

Governor Sandoval has endorsed the Nevada Department of Taxation's Statement of Emergency for an emergency marijuana regulation that will be considered for adoption by the Nevada Tax Commission on July 13, according to a press release released Friday by the Department of Taxation. This...

Investors, in general, have plenty of things to be concerned about. The current bull market is getting long in the tooth. Another economic recession is overdue based on historical patterns. Stock valuations are high overall. Marijuana stock investors have even more to worry about. There's...

The marijuana market is growing rapidly and that's creating a lot of interest in owning marijuana stocks. However, investors need to pick what marijuana stocks to buy carefully. There's likely to be more losers in this industry than winners, and it could be a long time before any of these...