Tag Archives: Recreational

Report: Medical Cannabis Patients Outspending Recreational Consumers

Report: Medical Cannabis Patients Outspending Recreational Consumers

Report: Medical Cannabis Patients Outspending Recreational Consumers

On April 26, 2017, New Frontier Data, an analytics firm, announced that it had released The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook, revealing some compelling data on the market habits of medical cannabis patients and recreational cannabis consumers across the country.

New Frontier Data - Consumer Market Opportunities

Cannabis Industry Presents Unprecedented Consumer Market Opportunity

WASHINGTON, April 26, 2017 /Weed Wire/ – New Frontier Data, the authority in business intelligence for the cannabis industry, has released, The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook.

District Attorneys: Federal Enforcement Preempts State-Legal Marijuana

District Attorneys: Federal Enforcement Preempts State-Legal Marijuana

On April 20, 2017, the National District Attorneys Association announced that it had released “Marijuana Policy: The State and Local Prosecutors’ Perspective,” a white paper that argues federal drug policy should be enforced in state-legal marijuana markets in the United States.

Could Canadian Legalization of Recreational MJ Help US Pot Stocks?

Could Canadian Legalization of Recreational MJ Help US Pot Stocks?

Prime Minister Justin Trudeau recently introduced legislation to legalize use of recreational marijuana in Canada. While legalization should help Canadian marijuana providers, could it also provide a boost to U.S. marijuana stocks?

Poll: US Voters Support Legalization and Oppose Federal Meddling

Poll: US Voters Support Legalization and Oppose Federal Meddling

On April 20, 2017, Quinnipiac University announced the results of its latest national poll and found that 60% of American voters believe marijuana use should be legalized in the United States, the greatest level of federal legalization support ever recorded by Quinnipiac.

An Opportunity for Excess Profits in the Marijuana Industry

An Opportunity for Excess Profits in the Canadian Marijuana Industry

There is an opportunity for excess profits in the Canadian marijuana industry as the market is now in a position to expand at a very high rate, as Canadians have received confirmation that the potential legalization will become a reality.

Poll: Majority of Americans Support Medical Marijuana Legalization

Poll: Majority of Americans Support Medical Marijuana Legalization

On April 17, 2017, “Weed & the American Family,” a poll conducted by The Marist College Institute for Public Opinion and Yahoo News, revealed data points on Americans’ perspectives regarding legalization, the evolution of social norms and how marijuana affects relationships.

Canadian Pharmacists Association (CPhA)

CPhA Disappointed Medical Cannabis Regime Does Not Enhance Patient Safety

OTTAWA, Canada, April 13, 2017 /Weed Wire/ — The focus of government legislation and regulation in the area of cannabis must be to protect and enhance safety. While the Canadian Pharmacists Association (CPhA) is pleased that today’s federal legislation maintains a separate stream for medical cannabis, we are concerned and disappointed that the legislation fails to enhance patient safety by providing appropriate clinical oversight in the management and dispensing of medical cannabis in Canada.

Cannabis Stocks in Canada Drop on Thursday's Legalization Announcement

Cannabis Stocks in Canada Drop on Thursday’s Legalization Announcement

On Thursday, April 13, 2017, Canada made headlines with its official introduction of legislation to legalize recreational cannabis in the country by July 2018. While the country’s announcement has major national and international implications, cannabis stocks in Canada took a downturn upon hearing the news.

Canada to Strictly Regulate Adult Use Cannabis

Canada Takes Action to Legalize and Strictly Regulate Cannabis

OTTAWA, Canada, April 13, 2017 /Weed Wire/ — The current approach to cannabis does not work. It has allowed criminals and organized crime to profit, while failing to keep cannabis out of the hands of Canadian youth. In many cases, it is easier for our kids to buy cannabis than cigarettes.

Santa Barbara County Launches Cannabis Operations Registry

Santa Barbara County Launches Cannabis Operations Registry

SANTA BARBARA, Calif., April 12, 2017 /Weed Wire/ — On April 11, 2017, the Santa Barbara County Board of Supervisors adopted an ordinance establishing a limited term, non-personal cannabis cultivation and related Operations Registry Program within the unincorporated areas of the county.

The Inside Scoop On Aurora Cannabis Inc

The Inside Scoop on Aurora Cannabis Inc.

While shares have backed off the 52 week highs, Aurora Cannabis is making another run towards the highs as investor enthusiasm increases over recreational marijuana legalization in Canada. Here’s the insider scoop and why we like Aurora Cannabis Inc.

Legalization Anticipation: Canadian Cannabis Stocks Gain 12.3% on Monday

Legalization Anticipation: Canadian Cannabis Stocks Gain 12.3% on Monday

While the Canadian Marijuana Index dipped slightly in March due to federal uncertainties, the Canadian public markets have bounced back today on the news of recreational marijuana legislation being introduced in Canada’s House of Commons this Thursday, April 13, 2017.

Uruguay Says Yes to Pharmacies Selling Marijuana this JULY

Uruguay Says Yes to Pharmacies Selling Marijuana Starting This July

On April 6, 2017, Uruguay’s three-year legalization journey hit a pivotal milestone. The Uruguayan government officially gave the okay for pharmacies throughout the country to begin selling recreational marijuana starting in July.

This Could Be the Smartest Marijuana-Related Investment You Make

This Could Be the Smartest Marijuana-Related Investment You Make

While the potential market is huge, there’s just one problem. All of Canada’s marijuana stocks are so expensive that no valuation-based investor will touch them. Fortunately, there are ways investors can have their cake and eat it too. All you need to do is identify industries that will get a nice bump from legal pot.

Steans Seeks to Mend Budget Woes by Legalizing Marijuana

CHICAGO, March 23, 2017 /Weed Wire/ — Senator Heather Steans (D-Chicago) seeks to create a new revenue source for the State of Illinois by legalizing and taxing recreational marijuana. Senate Bill 316 legalizes the possession of up to 28 grams of marijuana and will allow facilities to sell marijuana products.

Jeff Sessions: Marijuana 'Only Slightly Less Awful' Than Heroin

Jeff Sessions: Marijuana ‘Only Slightly Less Awful’ Than Heroin

On March 15, 2017, Attorney General Jeff Sessions gave a speech to law enforcement officers in Richmond, Virginia, on his mission to fight violent crime and bolster public safety. It was during his discussion of drugs that Sessions brought marijuana into the conversation, reinforcing a stance that he has previously communicated.

Marijuana Legalization in Rhode Island Gaining New Detractors, Supporters

Marijuana Legalization in Rhode Island Gaining New Detractors, Supporters

The issue of whether or not to tax and regulate marijuana like alcohol in Rhode Island is gaining additional detractors — and continued staunch supporters.

LA Sheriff Thinks Feds May Target Marijuana

LA Sheriff Thinks Feds May Target Marijuana

The leader of the nation’s largest sheriff’s department says he expects federal drug agents will attempt to step up marijuana enforcement as California moves forward with legalization. But Los Angeles County Sheriff Jim McDonnell said he believes there isn’t the manpower to conduct widespread raids on growers and businesses selling marijuana.

After January 2018: Learn to Jump Through California's Hoops

After January 2018: Learn to Jump Through California’s Hoops

in January 2018 two distinct California state laws will come into effect, the Medical Marijuana Regulation and Safety Act and the Adult Use Marijuana Act, the mandating act for a new adult-recreational industry. So the question is: what hoops is an entrepreneur going to have to jump through to avail himself of this double opportunity?

Marijuana Stocks Get Bounce After Dispensary Raids Throughout Canada

Marijuana Stocks Get Bounce After Dispensary Raids Throughout Canada

Publicly-traded marijuana companies had a rough week but got a bounce Thursday following news of raids at the Cannabis Culture dispensary chain owned by Marc and Jodie Emery.

Will the Opioid Crisis Derail Canada’s Recreational Cannabis Train?

Will the Opioid Crisis Derail Canada’s Recreational Cannabis Train?

Reports continue to emerge of young teens overdosing and sometimes dying due to the use of drugs containing fentanyl, a potent synthetic opioid. Smoking pot is different than popping pills, but the risk for the government is that the lines might get blurred quite quickly in the eyes of parents who are trying to protect their kids from the current opioid threat.

OLCC

Oregon Liquor Control Commission Chair Rob Patridge Resigns

PORTLAND, Ore., March 6, 2017 /Weed Wire/ — Rob Patridge, Chair of the Oregon Liquor Control Commission, today submitted his resignation to Oregon Governor Kate Brown. Patridge is leaving the OLCC to join the private sector. Patridge’s resignation from the Commission is effective March 10, 2017.

Israel gives green light to decriminalize marijuana use

Israel Gives Green Light to Decriminalize Marijuana Use

The Israeli government voted on Sunday in favor of decriminalizing recreational marijuana use, joining some U.S. states and European countries who have adopted a similar approach.

Oregon Lawmakers Move to Protect Marijuana Consumer Information

Oregon Lawmakers Move to Protect Marijuana Consumer Information

In response to White House Press Secretary Sean Spicer’s recent comments on federal marijuana policy, Oregon lawmakers are making moves to protect the the private information of recreational marijuana consumers.

Licensed Marijuana Cultivators in California Now Eligible for Agricultural Energy Rates

Licensed Marijuana Cultivators in California Now Eligible for Agricultural Energy Rates

On March 1, 2017, Pacific Gas and Electric Company announced that licensed medical marijuana cultivators are now eligible for PG&E’s agricultural energy rate and recreational cultivators will be eligible once they’ve been licensed under the Adult Use of Marijuana Act.


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