Can Interstate Cannabis Commerce Become a Reality?
A New Jersey bill could open the door to interstate cannabis trade. The possibility of legal cannabis companies shipping goods across state lines to other markets within the United States has been an industry talking point for years. Oregon activists even approved a law in 2019 to prime the state for such a development. The concept […]
Cannabis Industry Responds Back to Biden’s Statement
A round-up of industry reaction to the President’s announcement Thursday. This article has been updated to include additional reactions. Participants in the cannabis industry at all levels generally agree that President Joe Biden’s announcement on Thursday is a positive step. But most also agree that it’s just a first step and much more needs to […]
Joe Biden to Forgive Marijuana Convictions, Calls Out for Classification Reviews
Biden also called on state governments to follow suit with state-level pardons. President Joe Biden on Thursday announced a sweeping directive that would alter the laws surrounding cannabis and its classification as a dangerous substance, as well as grant pardons to those who suffered from the War on Drugs. In a statement, the president stated that he […]
The Nuptial of Herbal Nutraceuticals and Psychedelics
Just what is nutraceutical? Here’s the answer. Nutraceuticals have been getting bad health and wellness rap for years. Most of the chatter is about them not being “real.”. Doctors ignore them partly because they have not gone through any FDA-approved clinical trials, even as their patients rave about the health benefits they get from them. […]
Cantor Stretches Irwin Naturals a $7 Target Price
Irwin wants to open 100 ketamine clinics by 2023’s end. Cantor Fitzgerald analyst Pablo Zuanic initiated coverage on supplement company Irwin Naturals Inc. (OTC: IWINF) with an overweight rating and a $7 price target. The stock currently trades at roughly $1.58 per share. The shares are listed on the Canadian Securities Exchange (CSE) with a limited free float, […]
Germany Cannabis Imports Rising as Canada’s No. 1 Share Diminishes
Germany imported a record amount of cannabis for medical sales and scientific use in the first half of this year, putting the European Union’s most significant market on pace to match or possibly surpass 2021’s total. The data paints a picture of a medical market that is growing consistently, though not at the blistering pace […]
Massive Quantities, Fast Methods Requires Hempcrete to Meet Levels in Housing
When I first got involved with attempting to set up an industrial hemp industry in Ireland, I spent a lot of time with my colleague Terry Barman in Northern Ireland with people from the collapsing linen industry. There we learned a lot about the processes and technology of turning flax straw into flax fibers suitable […]
Vermont Recreational Cannabis Sales Will Be Held At Burlington
SLANG Worldwide’s subsidiary CeresMED will open in Burlington on Saturday. At least three Vermont stores will begin selling adult-use cannabis on Oct. 1: CeresMED in Burlington, Mountain Girl Cannabis in Rutland, and FLORA in Middlebury. Several more retailers are expected to follow soon. According to a news release from SLANG Worldwide (CNSX: SLNG) (OTCQB: SLGWF), its subsidiary […]
Heritage Cannabis Booms Increasing Revenue, Trims Losses
Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) reported its financial results for the third quarter ended July 31, 2022. Heritage delivered revenue of $10 million, an increase of 111% over last year’s $5.1 million. Heritage said the growth was attributed to a continued increase in its vape and concentrate offerings and the launch of the flower vertical. The Company […]