Hemp Industry

California Cannabis Wholesale Rates Recoils After Substantial Plunge

California cannabis growers such as Autumn Brands – a greenhouse cultivator, above, in Santa Barbara County – are experiencing an uptick in wholesale prices. (Photo by John Schroyer) A bear run in California’s volatile wholesale cannabis market appears to be over. The price of bulk flower – which hit rock bottom in November and squeezed …

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New Proposed Rules in Sweden Draws Major Backlash for Different Hemp Association

Swedish hemp stakeholders are pushing back hard against proposed regulatory updates that would restrict legal hemp components to only plant stems and seeds, and suggest that valuable plant tops be destroyed. The draft rules, in a memorandum issued late last year by the Ministry of Social Affairs, were prompted by increased hemp-related workloads reported at …

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Malaysian Hemp industry On Brink to Disintegrate: Stakeholders Decry Slow Development

Malaysian cannabis stakeholders have hailed policy clarifications that emerge as a gateway to access legal medical cannabis, but say the government should do more to advance the development of the hemp industry. Maszeli Mohammad Wee of the Malaysia Hemptech Industrial Research Association (MHIRA) said “If the Malaysian government is serious about issues, the economy, and …

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Canadian Investors Backs New Organization Based on Assets Purchased From Tech Giants

HEMPALTA, a newly formed Canadian hemp company, said it has purchased key assets from Canadian Greenfield Technologies Corp (CGT), Calgary, for an undisclosed sum. Included in the deal is a fiber processing factory that turns out products such as food preservation pads, pet litter, animal bedding and a natural organic soil amendment, as well as …

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Know all About Exercise Euphoria and How Can CBD Help

The euphoric feeling after exercise, often referred to as a ‘runner’s high’, is associated with a reduction in pain, stress and anxiety. Research now links the runner’s high to our endocannabinoid system, suggesting that the exercise-induced endorphin release it was always attributed to, is not solely responsible. But what is our endocannabinoid system? And how does it …

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Canadian Cannabis Stocks on the Lose, Market Shrinks to 9.5% Lower In Jan

The index, which fell 29.2% in 2021 to end at 194.95, has declined 49.4% over the past year: It remains substantially below the all-time closing high of 1314.33 in September 2018, just ahead of Canadian adult-use legalization. In March 2020, it posted a new multi-year closing low of 196.10, a level that had not been seen …

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High Tide Q4 Results Reflect a Spike of 117% in Revenue, C$53.9 Million

High Tide Announces Unaudited 2021 Financial Results Featuring a 118% Increase in Revenue and Record Adjusted EBITDA of $12.4 Million CALGARY, Alberta, January 27, 2022–(BUSINESS WIRE)–High Tide Inc. (“High Tide” or the “Company”) (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announces its …

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Scottish MP Hoists His Support for Medical Cannabis Patient

Medical cannabis patient Liam Lewis and his husband are “overwhelmed” by the support they have received. A Shetland MP has voiced his support for a medical cannabis patient who had his prescription seized by police. MP for Orkney and Shetland Isles, Alistair Carmichael, has described what happened to medical cannabis patient Liam Lewis as “disproportionate” after Lerwick police …

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With These Tricks, Hemp Farmers Can Reduce Plastic Waste Generation

Outdoor cannabis growers, both hemp and marijuana, have long relied on plastic to pot plants, build trellises and tamp down weeds. Now some of them are looking for ways to reduce their plastic dependency. Plastic is everywhere, and not only is it bad for the environment but it’s also affecting human health and food security …

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Canadian Cannabis Retail Prices on Decline, Vpes & Concentrates Due Cause

Retail prices for Canadian recreational cannabis products fell across the board in 2021, as retailers and producers sold them for less to entice price-sensitive consumers and capture market share. The 2021 market data from Seattle-based cannabis data analytics firm Headset covers the province of Ontario, Canada’s largest market, the key Alberta and British Columbia markets as …

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