For those hoping to get in on the cannabis stock game, a Canadian company has gotten approval to start trading on the NASDAQ. It’s the U.S. Stock Exchange’s first listed marijuana company, according to VICE.
Tag Archives: United States
Canadian Securities Regulators Publish Revised Disclosure Expectations for Issuers With US-Related Marijuana Activity
TORONTO, Ontario, Feb. 8, 2018 /Weed Wire/ – The Canadian Securities Administrators (CSA) today published CSA Staff Notice 51-352 (Revised) Issuers with U.S. Marijuana-Related Activities, which sets out CSA staff’s disclosure expectations for specific risks facing issuers with marijuana-related activities in the U.S.
Here’s How U.S. Marijuana Prices Range From Coast to Coast
Not only do the rules for marijuana consumption vary from state to state, but so do the prices. From coast to coast, marijuana prices in the United States range from just over $7 in the west to nearly $18 in the east.
Prohibitionist Poll Accidentally Shows American Opposition to Federal Marijuana Policy
A poll commissioned by the prohibitionist group Smart Approaches to Marijuana has accidentally shown how wildly unpopular cannabis prohibition is in the United States.
Pew Survey: Majority Still Support American Marijuana Legalization
While United States Attorney General Jeff Sessions has reversed federal marijuana enforcement policy, it appears his stance on American marijuana legalization isn’t representative of the country’s politicians or its people.
Canadian Marijuana Producers End Rally as U.S. Set to Tighten Enforcement
Canadian cannabis stocks fell on Thursday after the U.S. government said it would resume enforcement of federal laws banning marijuana in states that had legalized pot, disrupting a seven-day rally that boosted shares to record highs.
Premier Healthcare and Science Educational Institution and Leading Medical Cannabis Innovator Announce Collaboration to Strengthen and Enrich Education, Research, Services and Opportunities in Maturing Multibillion-Dollar Cannabis Sector
PHILADELPHIA, Dec. 19, 2017 /Weed Wire/ — University of the Sciences (USciences) and Franklin BioScience announce a collaboration to help strengthen and enrich education, research, training and employment opportunities in the maturing multibillion-dollar cannabis sector in the US.
Marijuana Index Gains Continue As Pot Stocks Anticipate Prohibition Repeal
It was another big day of gains on Tuesday for the North American Marijuana Index, even as some investors anxiously wait for the Fed to announce an interest rate hike in the next 24 hours.
United States Army Granting Waivers for Marijuana Use to Gain More Recruits
As marijuana legalization sweeps the nation, it is becoming increasingly difficult for military recruiters to find recruits that have not used marijuana. In an effort to gain more recruits, the United States Army has begun to grant waivers for would-be soldiers that have used marijuana in the past.
New Frontier Data Partners with Steep Hill
WASHINGTON, Nov. 14, 2017 /Weed Wire/ — New Frontier Data, the global cannabis industry authority in intelligence reporting and data analysis, and Steep Hill, the leader in cannabis testing and scientific analytics worldwide, have created a strategic alliance to offer their technology and scientific expertise to governmental agencies in European Union member countries.
Organization in Ohio Is the New Holder of a DEA Marijuana Research License
While the United States Drug Enforcement Agency’s marijuana research license isn’t awarded lightly, an Ohio-based organization was recently awarded a Schedule I Researcher license by the DEA to study the effects of marijuana.
Gallup Poll: Support for Legalization Reaches All-Time High
Support for legalizing recreational marijuana in the United States has reached an all time high. According to a new a Gallup poll, 64% of Americans support legalizing recreational marijuana, compared to 60% last year and 58% in 2015.
MJIC Marijuana Index Rebalances for Q3; Adds 4 New Cannabis Companies
LOS ANGELES, Oct. 17, 2017 /Weed Wire/ – MJIC Inc. completed its third quarter rebalancing of the Marijuana Index, adding two new cannabis companies each to the United States Marijuana Index and the Canadian Marijuana Index.
Canadian Securities Regulators Outline Disclosure Expectations and Certain Risks for Issuers with US Marijuana-Related Activities
TORONTO, Ontario, Oct. 16, 2017 /Weed Wire/ – The Canadian Securities Administrators (CSA) today published CSA Staff Notice 51-352 Issuers with U.S. Marijuana-Related Activities, which among other things, outlines CSA staff’s specific disclosure expectations for issuers that have, or are in the process of developing, marijuana-related activities in the U.S.
DEA Report: 71% of Cannabis Plants Seized in 2016 Came from California
While California may grow eight times the amount of cannabis state residents can consume, the United States Drug Enforcement Administration is dimming the brilliance of the Golden State’s illegal cannabis plants.
Uruguay’s Legal Marijuana Business Faces Challenges by Banks
Two months ago Uruguay became the world’s first country to legalise the production and sale of marijuana throughout the entire country. Now, Uruguay’s legal marijuana businesses are facing major challenges from banks throughout the country.
Poll: A Majority of Pennsylvania Voters Support Legalizing Recreational Marijuana
A majority of Pennsylvania voters support legalizing recreational marijuana in the state, according to a recent poll published by Franklin & Marshall College.
Federal Marijuana Impairment Report Finds DUI Tests Ineffective for THC
A federal marijuana impairment report has cast a shadow of doubt over the THC testing methods and regulations used by law enforcement officers in America, citing the inability to detect THC impairment from biological test samples and the worthlessness of establishing a “per se” limit to designate THC impairment.
CSE Confirms Position on US Cannabis Listings
TORONTO, Aug. 4, 2017 /Weed Wire/ — CNSX Markets Inc. (“Canadian Securities Exchange”, “CSE” or the “Exchange”) has today released guidance pertaining to listings of cannabis companies with assets or operations in the United States. There is significant uncertainty in Canada surrounding these listings, and the CSE wishes to confirm its position.
Gallup Poll: 45 Percent of Americans Have Tried Marijuana
The number of Americans that have tried marijuana has hit an all time high. According to a recent Gallup poll, approximately 45% of Americans have tried marijuana, marking a record high since the polling organization began asking the question in 1969.
Anti-Drug Official: Cuban Marijuana Legalization Will Never Happen
While Cuba and the United States are working closely to combat the small country’s ongoing problem with drug trafficking, Cuban officials have said that the legalization of marijuana in nearby countries is actually adding to the trouble, dispelling the prospects of Cuban marijuana legalization.
Rep. Correa Sends Secretary Shulkin Letter on Veteran Use of Medical Marijuana
WASHINGTON, June 2, 2017 /Weed Wire/ – Rep. Lou Correa sent Department of Veterans Affairs Secretary David Shulkin a letter asking for clarification of the Department’s policy on medical marijuana usage in states where it is legally prescribed.
Israeli Medical Marijuana Company Continues US Expansion
On April 20, 2017, Tikun Olam, a medical marijuana company based out of Israel, announced that it is going to continue its expansion into the United States, following its successful pilot program in the state of Delaware.
US Voter Support For Marijuana Hits New High; Quinnipiac University National Poll Finds; 76 Percent Say Their Finances Are Excellent Or Good
HAMDEN, Conn., April 20, 2017 /Weed Wire/ — American voters say 60 – 34 percent “that the use of marijuana should be made legal in the U.S.,” the highest level of support for legalized marijuana in a Quinnipiac University national poll. Republicans and voters over 65 years old are the only listed party, gender, education, age or racial groups to oppose legalized marijuana.
Marijuana Index Drops 2% as Canadian Stocks Dip With Federal Uncertainty
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the United States and Canada, decreased 2% in March as losses in Canada overtook modest gains in the U.S.
Delaware Legislators Unveil Recreational Marijuana Bill
As the United States Congress begins debating whether to end the federal prohibition of marijuana, Delaware legislators have unveiled a recreational marijuana bill that would legalize adult use in the state.
How to Profit From the U.S. and U.K. Marijuana ‘Research Gap’
Legal marijuana flat-Earthers, like U.S. Attorney General Jeff Sessions, have tried many methods to discredit breakthroughs in medical cannabis, but these efforts at discrediting cannabis stop at the U.S. border.
Marijuana Markets on Both Sides of Niagara Falls
The California Cannabis Business Expo wound down on March 8, closing with two panels at the Marijuana Investor Summit: one featuring the CEOs of three U.S. based firms active in the cannabis space; the other featuring four business and financial executives from Canada, who could speak to the state of the same industry in a very different legal and cultural context.
Recent Trends Reveal Canadian Market Maturing Faster Than U.S.
“We are continuing to see Canadian companies invest in or acquire assets in U.S. cannabis markets […] looking to take advantage of increased demand abroad,” a Viridian Capital analyst says.
Will Falling Cannabis Prices Hurt Marijuana Stocks?
Marijuana prices are falling. Could marijuana stock prices drop soon, too?
Marijuana Index Review: United States and Canada Cannabis Market
Marijuana Index Review for 2017, United States and Canada Medical Cannabis Market website and it’s different features for stocks, and my input on investing.
North Americans Spent $53.3 Billion on Marijuana in 2016
North Americans spent $53.3 billion on legal, illegal, and medical marijuana in 2016, according to a Jan. 17, 2017, release from Arcview Research Group. That’s more than people in the United States spent on McDonald’s and Starbucks combined.
United States Air Force Relaxes Recruitment Policy on Marijuana
On Jan. 10, 2017, the United States Air Force announced that it would relax its policy on barring recruits who have previously used marijuana from entering the service.
Survey: Majority of Police Think Marijuana Laws Need to Be Relaxed
On Jan. 11, 2017, the Pew Research Center released the results of a national survey of law enforcement officers, finding that 68% of police officers think America’s marijuana laws need to be relaxed.
Canadian Marijuana Stocks Regain Momentum After Christmas
In the last few months, the medical marijuana growers have dominated the trading activity on the TSX Venture in terms of dollar volume almost exclusively, belying a persistent interest from investors in Canada and the United States.
Study: More Australians Support Legalization Than Oppose It
For the first time in their nation’s history, more Australians support the legalization of recreational than oppose it. This is according to The Australian Election Study, a multi-decade study conducted by Australian National University.
US Path on Legal Marijuana Forces Rethink in Mexico
More are questioning the effectiveness of the government’s protracted battle against drug cartels; small steps to allow medical marijuana.
North American Cannabis Industry Raised $1 Billion in 2016
Viridian Capital Advisors recently reported the global cannabis industry has raised more than $1 billion in 2016, according to Forbes. Most of the $1 billion-plus in capital investments was raised in the United States and Canada, with other countries contributing small amounts, Scott Greiper of Viridian said.
How Canada’s Legalization May Alter Its Relations With America
Their position on marijuana is hardly the only difference between Canada’s prime minister and the president-elect of the United States.
Cannabis Grower Ecofibre Leaves Australia for the United States
Ecofibre is expanding rapidly in the US market, where medicinal cannabis is now legal in over 30 states, including five which approved propositions to that effect at the last US election.
Does the Marijuana World Need Another Magazine?
The short answer to the headline question is yes, the marijuana world does need another magazine and it needs this one. Although I’m not paid by the word, the inaugural issue of Marijuana Industry News magazine deserves better than a one-word defense, so here it is.
Cannabis Investments: Deals Remain Steady While Dollars Drop
On Oct. 18, 2016, CB Insights released a report on deals made and dollars invested into private American cannabis companies in the third quarter of 2016. Deals remained steady for the quarter, but dollars invested dropped to the lowest recorded level since Q3 of 2015.
Columbia Care Introduces the Nation’s First Controlled-Dose, Solid-Fill Medical Cannabinoid Capsules
NEW YORK, Oct. 20, 2016 /Weed Wire/ — Columbia Care LLC (“CC”), a leading national medical marijuana product development, manufacturing and distribution company, today announced the launch of its line of controlled-dose, solid-fill medical cannabinoid capsules.
Gallup Poll: 60 Percent of Americans Support Legalization
On Oct. 19, 2016, Gallup released its latest poll on marijuana legalization support in the United States, finding that public support is at 60%, a record-breaking percentage for legalization in Gallup’s 47-year polling history.
Dr. Bronner’s Pledges More Than $600K to Legalization Efforts in Five States
On Sept. 19, 2016, Dr. Bronner’s, a leading maker of natural hemp-based soap in North America, announced that it has invested $660,000 into campaigns for the responsible legalization and regulation of marijuana in California, Massachusetts, Maine, Arizona and Nevada.
Report: Recreational Cannabis to Grow to $50 Billion by 2026
On Sept. 12, 2016, Cowen and Company (Nasdaq:COWN) released a report on the near- and long-term market potential of legal recreational cannabis in the United States, estimating that a federally legal U.S. cannabis market could reach $50 billion in gross retail sales by 2026.
Canada to Challenge US Travel Ban for Canadians Who Admit Cannabis Use
On Sept. 9, 2016, Ralph Goodale, Canada’s Minister of Public Safety and Emergency Preparedness, announced that Canada will challenge the United States to change a border policy that U.S. border agents have used to ban travel into the U.S. for Canadians who admit cannabis use.
Why Are Canadians Being Banned from the US for Admitting They’ve Smoked Weed?
Here’s a Canadian public service announcement: don’t ever tell a United States border guard you’ve smoked pot before.
As Legalization Spreads, Marijuana Use Now Poised to Overtake Tobacco
Declining tobacco use could soon intersect with a steady uptick in the smoking and consumption of another leafy drug – marijuana.
Gallup Poll: 1 in 8 American Adults Currently Smoke Marijuana
On Aug. 8, 2016, Gallup released the results for its latest poll on marijuana use in America, finding that one in eight American adults currently smoke marijuana, which is almost double the percentage calculated in 2013.