As 2018 came to a close, the figures for jobs created by the cannabis industry were staggering. Over 60,000 jobs were added to the already large pool in the US alone, which totaled nearly 300,000 by the beginning of 2019. The story is remarkably similar in Canada, where cannabis is …
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Recreational market has apparently impacted on medical cannabis market
Australia, July 8, 2019 (HEMPGAZETTE)- The legalising of cannabis in Canada for the recreational market has apparently impacted on accessibility to medical cannabis – and created other issues. A survey commissioned by Canadians for Fair Access to Medical Marijuana (CFAMM), the Arthritis Society and the Canadian Pharmacists Association (CPhA) carried …
Read More »The many uses of hemp
Hemp, also known as a subspecies of Cannabis sativa, has been utilized for agricultural purposes for millennia. Dating back as far as 10,000 years, archeological findings have indicated that its earliest use was in the form of fiber production for ancient civilizations. Now, hemp has cleared regulatory and social hurdles …
Read More »Congressional panel aided to support states-rights cannabis legislation
USA, July 10, 2019, (MARIJUANA BUSINESS DAILY)- The head of a cannabis industry lobbying group urged U.S. Congressional lawmakers Wednesday to pass legislation to protect state-legal marijuana businesses and resolve the “untenable” conflict between state and federal marijuana laws. Neal Levine, chief executive officer of the Cannabis Trade Federation, called …
Read More »Colorado has made around $1bn from legal cannabis industry
London, June 13, 2019, (INDEPENDENT)- Colorado has made more than $1bn (£789m) since it legalised cannabis 2014, with more than 41,000 people now licensed to work in the industry. It is the latest milestone for the state which has been home to more than $6.5bn in total cannabis sales since legalisation. April, which includes …
Read More »New rules for medical cannabis in Israel
Users of the drug are skeptical that the new system will actually make it easier for patients to access medical cannabis. Israel, July 5, (THE JERUSALEM POST)- Cigarettes filled with medical cannabis are seen at Pharmocann, an Israeli medical cannabis company in northern Israel January 24, 2019. Picture taken January …
Read More »THC limit that will apply to such products is simply too low for many medical patients
Canda, June 30, (BOTANIQ)- The head of NICHE Canada says she was disappointed not to see any medical carve-out, or a different class or products for cannabis patients, in the recently revealed regulations for edibles in Canada. The 10 mg THC limit that will apply to such products is simply …
Read More »Cannabis Stocks you must watch in 2019
One of the ways to invest in cannabis is through the stock market. If you are looking for cannabis stocks, there are few clear toppers. These include: According to the CEO of Cannabis Stocks, Bruce Linton, cannabis along with other hemp products might be entering the market by the end …
Read More »Emerging investing opportunities in the cannabis industry
The cannabis industry is a budding one. It started emerging on the forefront in 2018 and now, it is on an inevitable rise. The truth about the cannabis industry is that it has become a big business. In the past year, US consumer spending rose to $10 billion for the …
Read More »CBD as Natural Health Product
Montreal, June 21, 2019, (LEAFLY)- When a Health Canada representative told a media call last week the agency had “committed to conducting further consultations on the precise question of CBD as a Natural Health Product (NHP),” some expressed pessimism such consultations would arrive quickly. There were no timelines in last week’s new regulations …
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