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Cannabis Business Digest

CBD Legalization

  • Will New York Fix Medical Marijuana Before Rushing to Legalization? (Maybe Not!) 29 May 2020 17:46 420 Intel - Medical Cannabis News Under America’s Mayor Rudy Giuliani, and later America’s anodyne business executive-turned-mayor Mike Bloomberg, NYPD arrested more people per capita for marijuana possession than any place else in the entire world, as Alex Pareene observed in Salon back …
  • CBD Gummies Market Size is Predicted to Reach $6.94 Billion By 2025 29 May 2020 15:40 SmallCap Network The global CBD Gummies Market size is expected to reach USD 6.94 billion by 2025, exhibiting a 31.9% CAGR over the forecast period, according to a new report by Grand View Research, Inc. The market is highly fragmented in nature owing to the presence of …
  • The Ultimate 2020 Guide for Seniors Using CBD For the First Time 25 May 2020 22:45 Cleveland Scene This article was originally published on CBD Seniors. To view the original article, click here. Right now, 14 percent of American adults use cannabidiol (CBD). Only 8 percent of adults over the age of 65 are currently using CBD. According to the same poll, …
  • A Hidden Origin Story of the CBD Craze 23 May 2020 19:37 The New York Times Long before CBD had become a trendy wellness elixir found in juice and moisturizer and ice cream and dog treats; before corporate chains like Walgreens and Sephora had decided to sell it; and way before Kim Kardashian West had thrown a CBD-themed baby …
  • CBD Topicals - Salves, Creams and Balms 23 May 2020 05:27 Metro Times This article was originally published on Blue Ribbon Hemp. To view the original article, click here. Topicals, generally, are a separate category (when it comes to CBD) for a variety of reasons. First off, for skin irritation, nerve pain, or something that …
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Marijuana Stocks

  • Why HEXO Stock Surged Today 02 Jun 2020 04:47 The Motley Fool What happened Shares of HEXO (NYSE:HEXO) rose sharply on Monday after the cannabis company announced that it has received a license amendment for its cannabis manufacturing and processing facility in Belleville, Ontario.  As of 1:30 p.m. EDT today, the …
  • Aphria, Aurora Analyst Says Buy The Dip To Take Advantage Of Cannabis Stock Sell-Off 01 Jun 2020 17:01 Benzinga Canadian cannabis stocks tumbled Friday after Canopy Growth Corp (NYSE: CGC) reported a significant miss for its March quarter sales and withdrew its outlook for reaching positive EBITDA. Canopy also expressed concern over the company’s June quarter …
  • This Is the Top Marijuana Stock to Buy in June 01 Jun 2020 13:00 The Motley Fool If you think investors have had a tough time staying the course in the stock market over the past three-plus months, take a gander at the cannabis industry. Following a blazing-hot first quarter in 2019 that saw more than a dozen popular pot stocks gallop …
  • Aurora Cannabis Was the Hottest Big Marijuana Stock in May -- but Will Its Sizzle Soon Fizzle? 31 May 2020 23:03 The Motley Fool It might not quite be summer officially yet, but several pot stocks are already hot. And only one of them with a market cap of greater than $500 million skyrocketed nearly 70% in May -- Aurora Cannabis (NYSE:ACB).  Aurora ranks as arguably the hottest big …
  • Could Canopy Growth Be a Millionaire-Maker Stock? 31 May 2020 23:03 The Motley Fool Canopy Growth (NYSE:CGC) shares aren't anywhere close to their levels in late 2018 and early 2019 as the Canadian adult-use recreational marijuana market was first launching. But investors who bought early and held on have still enjoyed tremendous …

Marijuana Demand

  • Is it Time to Buy Cannabis Stocks? 03 Jun 2020 20:50 Investing.com At the beginning of 2020, things were really lining up for marijuana investors. Somewhere between 10 and 20 US states were planning ballot measures that would expand access to medical and/or recreational marijuana production and sale in November. …
  • Protesters Demand Change, but Miami-Dade Commissioners Say Everything Is Fine 03 Jun 2020 19:06 Miami New Times For four days, Miami rallied, chanted, knelt, shut down traffic, and marched to protest the killing of George Floyd by Minneapolis police. In demonstrations across the U.S., protesters have asked what it will take for local leaders to listen and make …
  • Number of coronavirus cases on the rise as California braces for potential second wave 03 Jun 2020 19:02 KTLA California’s legal marijuana industry faces a year of declining sales as a result of the pandemic-induced recession despite an initial spike in consumer demand after dispensaries were deemed essential businesses, according to details outlined in Gov. Gavin …
  • George Floyd fallout: Here’s what happened June 1 in the Chicago area 03 Jun 2020 17:49 Chicago Tribune As widespread looting overshadowed peaceful protests for a third straight day, Gov. J.B. Pritzker intensified the state’s response to the civic unrest that has erupted since the police killing of George Floyd, even as the governor battled President Donald …
  • California's legal pot industry faces year of decline because of coronavirus, Newsom warns 03 Jun 2020 17:45 Los Angeles Times California’s legal marijuana industry faces a year of declining sales as a result of the pandemic-induced recession despite an initial spike in consumer demand after dispensaries were deemed essential businesses, according to details outlined in Gov. Gavin …

CBD benefits

  • A stoner’s guide to getting elevated without the buzz 03 Jun 2020 21:16 Daily Trojan You never forget your first bad high — ever. By the time you’re in your 20s, you should have God knows what and a truly haunting — though in retrospect hilarious — edible story.  My edible horror story occurred when I was a senior in high school. What …
  • Twin Sisters Launch A Unique CBD Ayurveda Inspired Brand 03 Jun 2020 13:49 MarketWatch.com The MarketWatch News Department was not involved in the creation of this content. Jun 03, 2020 (AB Digital via COMTEX) -- The twin sisters grew up in a health-conscious family that believes holistic health is the best way to treat any physical or emotional …
  • Seven Intrinsic Questions With CEO Of FloraWorks: Alan Ridgeway 03 Jun 2020 09:45 Forbes FloraWorks CEO: Alan Ridgeway Photo: Alleh Lindquist Bobrow=WB: What brought you to the cannabis business?  Alan Ridgeway=AR: I was the Research Analyst at a boutique investment bank in Canada when the first medical cannabis companies began to go public in …
  • Australia enters first recession in 29 years after blow from bushfires and coronavirus 03 Jun 2020 06:38 The Guardian Australia has entered its first recession for 29 years after the economy went backwards by 0.3% in the March quarter, with the impact of bushfires and the coronavirus ending the nation’s extraordinary, uninterrupted run of economic growth. The treasurer, …
  • Covid puts dent in plans for an entertainment centre 03 Jun 2020 03:49 Coffs Coast Advocate PLANS by C.ex Group to build an entertainment centre have been put on hold. CEO John Rafferty has confirmed the possibility is becoming less likely, particularly in light of Covid-19. "There's less chance of it happening now, it's a big …