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HempFlax saw its profits before tax skyrocket 616 per cent in 2020 to €659,000, as demand grew for its construction materials and CBD. The EU’s biggest hemp grower, headquartered in Holland, saw full year revenues up 43 per cent to €14.5m in 2020, with EBITDA increasing 63 per cent to €1.8m. The numbers were in part driven by a 1,089 per cent incre
2 Marijuana Stocks To Watch As More Momentum Enters The Cannabis Sector With marijuana stocks finally catching a wave of upward momentum investors want to know how long this will last. Now there is no way to be 100 percent certain how long this momentum will last. However with earnings soon to be reported by various cannabis companies some marijuan
While it’s important to have a fixed standard of intoxication for cannabis, we should not simply put up a number arbitrarily. Researchers in Australia found that you can be stoned for up to 10 hours depending on the means and the potency of the cannabis you consume. Impairment is important because it will be the indicator that determine whether peo
When it comes to the growing cannabis industry, everyone wants the best product. And this means, producers are constantly finding ways to up their game. One of the latest trends in the cannabis world? Fresh frozen cannabis, and using cold to boost cannabis flowers and create concentrates like live resin. When it comes to cannabis extracts, some of
Healthcare professionals should engage older adults in cannabis discussions given that some people are using weed to self-treat different conditions without first seeking medical input or advice, suggests a new U.S. study. Published online this week in the American Journal of Drug and Alcohol Abuse, investigators from the University of Texas at Aus
Gradually and steadily, all cannabinoids like CBD, THC 8, CBG, CBN, etc., are getting the attention they deserve. Though studies are still at the early stages, all of these compounds have shown promising medicinal benefits. We all know THC 8 has blown the market, and marijuana users turn towards Delta 8 THC. Known as the little sister of THC 9, it
Earlier this month, Mexico’s push to legalize recreational cannabis was halted after Senate Majority Leader Ricardo Monreal said that is attempting to extend the Supreme Court’s deadline to change the current law. This development was not well received by the market as Mexico was on the verge of becoming the third country to legalize recreational c
About to smoke, eat, vape, drink, or absorb cannabis for the first time and not sure what to expect? I’m a frequent cannabis user and journalist covering the topic, so I’m often the recipient of anecdotes from all kinds of people about the ways different buds and products affect them individually. This is a pretty common way to learn about cannabis
If you read a lot of mainstream media, you probably believe that the American entrepreneur is dead, undone by big-box retail and online behemoths like Amazon, that entrepreneurial energy and innovation have disappeared into a maze of international trade agreements and a haze of opioid addiction and despair. You might think a nation that once prided
The longer it takes for the Senate to approve the SAFE Banking Act, the longer it takes for traditional financial institutions to render their services to businesses in the cannabis industry. Marijuana businesses have been operating on an all-cash basis for years now. No thanks to the federal government’s ancient policies that make accessing the se
2020 is a year we’ll never forget. How could we? If 2020 was a story, then the COVID-19 pandemic would be the main antagonist. It upended everything, reorienting the economy, business operations, and our own livelihoods. Original link
A bipartisan group of lawmakers from both houses of Congress reintroduced on Thursday the Marijuana Data Collection Act, a bill that would require the federal government to study the effects of legal cannabis. The measure, which was previously introduced by a bipartisan group of lawmakers in 2018 and again in 2019, is sponsored by Democratic Sen. B
At times, marijuana stocks have the ability to be the best-performing stocks in the market. They can catch fire — no pun intended — on headlines or reports and scorch higher. During some of these runs, it’s not odd to see the stocks double or triple in value over a short period of time. A high level of short interest also helps spark a nice move. I
Here are three strategies for cannabis companies to avoid drawn out regulatory investigations and to decrease the risk of facing regulatory penalties. Those penalties could include significant fines, license suspension or, in a worst-case scenario, license revocation. 1. Develop an expertise in your company’s security measures Often, what causes a
More needs to be learned about what drives behavioural strategies used by different cultures to combat cannabis consumption, intoxication and related harms to enhance the protection of those who use the drug, a U.S. study suggests. Researchers at the University of New Mexico explored the cannabis protective behavioural strategies (PBS) used by five
The nation’s booming weed industry has a potency problem. As more and more states legalize marijuana, companies are facing new pressure from lawmakers across the country — and Capitol Hill — to limit the strength of their products. It’s a level of scrutiny that comes with being allowed to operate in the open after decades in the shadows. The steadi
With 135 tons of food seed and a growing amount of hemp fiber imported every year, Sweden has the basis for a strong national hemp industry, stakeholders suggest. But the market can thrive and benefit Swedish companies only if hemp gains wider recognition and rules become clear. Swedish and international experts will gather online Wednesday, May 5,
It is fair to say the legal cannabis industry has exploded over the past two decades, ever since the state of California got the ball rolling in 1996 by legalizing medical cannabis, followed quickly by Colorado. Since then, we’ve seen a total of 36 states, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands all approve comprehe