Pot’s cousin won’t get you high but is rich in highly sought-after cannabidiol.
— Read on www.bloomberg.com/news/articles/2019-07-18/booming-demand-for-cbd-is-making-hemp-the-cannabis-cash-crop
Tag: Marijuana
Ex-Banker Builds Billion-Dollar Fortune as Legal Pot Sweeps U.S. – Bloomberg
A former Credit Suisse banker best known for his role in privatizing Russian state assets after the fall of communism is capitalizing on another transformative moment, this time in the U.S.
— Read on www.bloomberg.com/news/articles/2019-07-17/ex-banker-builds-billion-dollar-fortune-as-legal-pot-sweeps-u-s
Organigram a Canadian Pot Rarity After Four Profitable Quarters – Bloomberg
With four quarters of profitability under its belt, Organigram Holdings Inc. is an anomaly in the Canadian cannabis market.
— Read on www.bloomberg.com/news/articles/2019-07-16/organigram-a-canadian-pot-rarity-after-four-profitable-quarters
Illegal cannabis getting even cheaper, as legal gets costlier, StatsCan says | CBC News
Statistics Canada’s quarterly report on cannabis prices suggests the cost chasm between legal and illegal versions of the drug is wide, and getting wider.
— Read on www.cbc.ca/news/business/cannabis-prices-1.5206554
Infographic: How Consumers Are Shaping Cannabis Consumption
Cannabis consumers could spend up to $10.5B on concentrates by 2022—and they’re increasingly relying on the influence of branding to make their choices.
— Read on www.visualcapitalist.com/how-consumers-are-shaping-cannabis-consumption/
Recreational Drug Use Surges Worldwide, UN Study Reports – Bloomberg
Some 271 million people globally, or more than one in 20 of the population aged 15 to 64, used recreational drugs in 2017, according to newly released data from the United Nations World Drug Report. That’s a 30% increase from 2009.
— Read on www.bloomberg.com/news/articles/2019-06-29/recreational-drug-use-surges-worldwide-un-study-reports
Canopy CEO Bruce Linton Is Your Friendly Canadian Weed Guy
His $15 billion company is ready whenever America is.
— Read on www.bloomberg.com/features/2019-canopy-cannabis-bruce-linton-canada-weed/
‘Not the blowout investors were expecting’: Pot stocks among biggest laggards in Q2 – Article – BNN
‘Not the blowout investors were expecting’: Pot stocks among biggest laggards in Q2 – Article – BNN
— Read on www.bnnbloomberg.ca/not-the-blowout-investors-were-expecting-pot-stocks-among-biggest-laggards-in-q2-1.1280302
Canopy CEO Bruce Linton Is Your Friendly Canadian Weed Guy
His $15 billion company is ready whenever America is.
— Read on www.bloomberg.com/features/2019-canopy-cannabis-bruce-linton-canada-weed/
Is Pot Legal In New York? State Lawmakers Won’t Approve This Year – Bloomberg
New York state lawmakers couldn’t approve marijuana legalization this session, and the legislature is now considering a back-up bill that would expand access to the drug for medical reasons and decriminalize its possession for recreational purposes.
— Read on www.bloomberg.com/news/articles/2019-06-19/new-york-state-lawmakers-end-push-to-legalize-pot-this-year