Canadian cannabis producer Canopy Growth slashed approximately 8% of its workforce Tuesday as part of sweeping changes across the company designed to help stem recent losses and nudge the struggling company to profitability, MJBizDaily has learned. The latest round of layoffs amounts to 245 people, according to the company, and …Read More »
Slumping sales in medical marijuana
Regulations have been strict in Hawaii, hampering the growth of the state’s medical marijuana industry, causing sales to slow and making the regulated market uncompetitive with the illicit market, according to new data. The analysis, commissioned by the Hawaii Cannabis Industry Association, found that sales have slowed from an annual …Read More »
Cannabis store expansion in Canada strongly linked to sales growth, but weakly related to prevalence growth
The growth in cannabis retail stores between 2018 and 2020 was driven by more than just the move to legalize recreational weed three years ago, suggests a new Canadian study. “From 2018 to 2020, Canada’s rapid cannabis retail expansion was strongly related to legal sales growth, but only weakly related …Read More »
Get to know the CEO of FSD Pharma
In the following interview, you will get to know the CEO of FSD Pharma. A life sciences holding company focused on truly innovative therapeutics and legal psychedelics.Read More »
CO2 GRO to support Canadian cannabis producer with CO2 solutions
CO2 GRO will support a “significant” licenced Canadian cannabis producer to increase both production and revenue with its CO2 Delivery Solutions™ The Toronto-based company on Monday (9th August) said it commenced a commercial feasibility at the producer’s facility which will run for up to one year with an extension option. CO2 GRO’s customer …Read More »
Colombia Challenges Canadian Cannabis Dominance
In 2020, Canada became the largest exporter of dried cannabis flower in the world. Today, Canada is looking over its shoulder at a formidable competitor in Colombia, which recently instigated some legislative changes that position the country to become the global cannabis leader. Colombia was already recognized for its robust infrastructure, distribution and exports of certain cannabis products such …Read More »
Hemp farming challenges projected to give way to growth
Eustis, Florida — 21 years oldst-Century greenhouse, for ancient crops. In the case of Glen Treadwell Treadwell farm, The crop is hemp. “I like the idea that it can be done all year round,” he said. “It’s a plant that catches you.” His family has been farming in Florida for over …Read More »
Ontario Canada Sold Nearly 100 Million Grams Of Cannabis Last Year
The Ontario Cannabis store released their annual year in review today, covering April 2020 to March 2021, showing significant industry growth in the province. Ontario sold 99,100,000 grams of cannabis, the bulk of it being sold through private retailers. 81,500,000 grams were sold in stores while another 17,600,000 were sold on ocs.ca. The …Read More »
Different Ways Hemp Can be Utilized as House-Building Materials
Hemp is a miracle material. When most people think of it, one or two uses might come to mind. But, when you really do your research on everything hemp is used for, you quickly start to see how valuable it is. Right now, it’s important to shine a light on …Read More »
Using CBD Oil as a Safe and Natural Food Preservative
This story originally appeared on CBD Testers. When it comes to consumer packaged goods, especially those with natural ingredients, preserving freshness and quality is a top priority. Unfortunately, many of the existing additives currently on the market are incredibly unhealthy (toxic and cancerous really), so there is a pressing need …Read More »
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