Don’t fall victim to fantasy valuations in the hemp sector
We often hear from acquirers and company owners alike in cannabis sectors that the times we are living in now are like “the first years after Prohibition in 1933.” The implication is that hemp and marijuana versions of Anheuser-Busch, Coors and Seagram are being formed now, and it won’t... Read more
Canadian marijuana giant sees ‘largest’ CBD sales coming from US
Cronos Group, a Toronto-based marijuana company, predicts CBD customers in the United States will be the “largest contributor” to its sales over the next couple of years. But company executives cautioned investors that it’s “too early to speculate” on how big the European market for CBD will become. The... Read more
How To Get Involved In National Politics This August – Without A Plane Ticket!
by Michelle Rutter, NCIA Government Relations Manager Maybe it’s the heat and humidity of D.C. that drives people out of the Beltway – after all, our nation’s capital was built on a swamp! But each year during the month of August, Congress “recesses” or goes home. Traditionally, this time... Read more
Nebraska farm equipment dealer sues state over hemp license rejection
A Nebraska farm equipment manufacturer and dealer who was denied a license to grow hemp in 2019 is suing the state Department of Agriculture and its director. Jacob Bish, head of public relations at Giltner-based Bish Enterprises and Hemp Harvest Works, was one of 176 applicants seeking to grow... Read more
No Wyoming hemp cultivation in 2019, but THC testing close, governor says
Though Wyoming farmers can’t yet grow hemp, the state says its lab to test the crop for THC is almost ready. Wyoming Gov. Mark Gordon and the state Department of Agriculture sent an update this week to would-be hemp farmers reminding them that production remains illegal until federal agriculture authorities... Read more
Strong CBD drug release powers GW Pharmaceuticals’ record revenue
Strong patient interest in the only federally approved CBD product in the United States helped drugmaker GW Pharmaceuticals record $72 million in revenue last quarter. Epidiolex, a seizure control drug approved by the U.S. Food and Drug Administration, has seen brisk sales and new patient enrollments since the drug’s launch... Read more
Member Blog: New Data Reveals Market Share Changes for Cannabis POS Software Providers
by Ed Keating, Co-founder and Chief Data Officer of Cannabiz Media Point of sale software providers are a critical part of the cannabis economy, and as the industry grows, a shift is happening.  In the first half of 2019, the dominant POS providers of 2018 held onto their positions... Read more
WEBINAR: METRC – How to Stay Ahead & Maximize Efficiency
Everyone has METRC on the mind. Find out how METRC will impact your retail operations, what you’ll need to consider when it comes to compliance reporting, and how to maximize efficiencies to ensure being METRC certified doesn’t cost you precious time better spent running your business. Watch the webinar... Read more
UK soon will sell first commercial export of high-CBD cannabis from Colombia
(This is an abridged version of a story that appears on the Marijuana Business Daily International website.) The first CBD products exported from Colombia to the United Kingdom soon will be available for sale in the U.K. and other European Union countries, Bogota-based Clever Leaves announced. The health-related products, which were exported as a... Read more
VIDEO: Member Spotlight – ArborSide Compassion
Based in Ann Arbor, Michigan, ArborSide Compassion is a medical marijuana dispensary that has been operating since September 2011. Founder and CEO Rhory Gould has been a cannabis activist for over 35 years. The staff at ArborSide services over 1,200 patients per week and has won over 22 HIGH... Read more
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