Cannabis is one of the most regulated industries in the world. Those regulations are helping the industry gain credibility and keeping consumers safe. However, these regulations are also creating unique security needs.
Canadian cannabis companies must comply with strict regulations on how to secure production facilities, inventories, and transport goods.
These strict security requirements are creating a big opportunity for a young and promising Canadian security company that specializes in providing security services to Canada’s largest cannabis companies. Continue reading “Young and Promising Cannabis Security Stock”
As our regular readers know, OrganiGram Holdings Inc (OTCMKTS:OGRMF) has been one of our favorite names in the cannabis patch for the past two years. That story has pushed back onto the front burner in recent days as the stock closes in on a possible test of new all-time highs following the company’s announcement of the release of an immersive 360-degree virtual facility experience, highlighting innovative indoor production practices at its Moncton, New Brunswick campus. Continue reading “How OrganiGram Holdings Inc (OTCMKTS:OGRMF) is Playing a Strong Hand Again”
Cresco Labs (CSE:CL) (OTC:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, today announced the opening of a CY+ dispensary in New Kensington, Pennsylvania. To commemorate the opening, Cresco welcomed Pennsylvania Lieutenant Governor John Fetterman to cut the ceremonial ribbon and to speak about the opioid crisis plaguing the state and Cresco’s role in advancing medicinal cannabis as a safe and accessible alternative for patients. With New Kensington as the third CY+ dispensary to open in Pennsylvania, Cresco has licenses for three more dispensaries planned to open during the second quarter of 2019. Continue reading “Cresco Labs Opens Third Pittsburgh Area Dispensary”
Latin America is in position to grow into one of the largest medial cannabis markets in the world.
According to The LATAM Cannabis Report™ from well-respected market research firm Prohibition Partners, medical cannabis sales in Latin America will explode to $8.5 billion in the next ten years, up from just $125 million in 2018. Continue reading “Rare Colombian Cannabis Stock up 71% in 2019 – More to Come?”
Cresco Labs (CSE: CL) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced that the Company’s FloraMedex dispensary launched Illinois’ Opioid Alternative Pilot Program (OAPP) today vastly expanding the population of Illinois patients who can access medical cannabis in place of pharmaceutical opioid medications. Under this new program, patients with doctor approval can receive near-immediate access to cannabis products from an Illinois licensed dispensary. Continue reading “Cresco Labs’ Dispensary Launches Newly Enacted Illinois Opioid Alternative Pilot Program”
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to announce that it has closed its previously announced acquisition (the “Acquisition”) of Seven Point, a licensed medical cannabis dispensary located in the historic Chicago suburb of Oak Park, Illinois.
Pursuant to the Acquisition, the Company paid a combination of cash at closing, deferred cash and subordinate voting shares of MedMen, for an undisclosed total amount. Continue reading “MedMen Completes Previously Announced Acquisition of Illinois Dispensary”
California is the single largest cannabis market in the world – and one of the fastest growing.
According to a new report from Arcview Market Research and BDS Analytics called, ‘The State of Legal Marijuana Markets’, California’s cannabis market is expected to jump above $5 billion by 2020.
Arcview isn’t alone. Fellow research firm Statista also expects big cannabis sales growth in California. Continue reading “California’s #1 Cannabis Edibles Stock up 58% in 2019”
This year, the Coachella Valley Music and Arts Festival will culminate the weekend of April 20th—a.k.a. 420. But today, the city of Coachella is celebrating breaking ground on a massive new cannabis facility. The more than 40-acre facility will house cultivation, manufacturing and distribution operations. With a plan to finish all construction early 2020, city officials and industry heads hope the Coachella Cann Park will bring jobs and economic revitalization to the city. Continue reading “40-Acre Cannabis Cultivation Facility Officially Underway in Coachella”
After years of preparation and debate, legal marijuana is now a reality in Massachusetts.
Any adult can walk into a store, pay cash and walk out with a joint, which they can smoke, legally, in their home.
But the roll-out of the first marijuana stores is only the beginning. In the coming year, marijuana entrepreneurs and regulators will face a host of challenges, from enabling small businesses to enter the market to writing regulations for marijuana cafes to figuring out how to address drugged driving. Continue reading “1st Legal Marijuana Stores Are Open in Massachusetts”
Israel just took a major step toward becoming a global leader in the high-growth medical cannabis market.
Israel just became the fifth country in the world to legalize medical cannabis exports after its cabinet voted to approve a sweeping new cannabis law. Continue reading “Israel Becomes 5th Country in World to Legalize Medical Cannabis Exports”