PWC: Candid Review of Cannabis Multiples Market 2018
With the legalization of cannabis in Canada expected to take effect on October 17, 2018, we decided to take stock of the valuation multiples of publicly traded companies operating in this space. Are multiples even relevant in the cannabis industry? Multiples, either from publicly traded comparable companies or transactions, are commonly used in practice to […]
DEA: More Cannabis for Fewer Opioids Produced by 2019
Tom Angell DEA Wants More Marijuana Grown And Fewer Opioids Produced In 2019. Really. The Drug Enforcement Administration (DEA) isn’t exactly known as big fan of marijuana. But in a new Federal Register filing set to be published soon, the anti-drug agency is moving to more than quintuple the amount of cannabis that can legally […]
Federal Reserve Presidents: Want Rules for Cannabis Banking
Marijuana Moment Three Federal Reserve Bank presidents united in a call on April 3, 2019, for clarity on rules for providing financial services to the marijuana industry. During a panel at the American Bankers Association Summit, the federal executives were asked about how financial institutions are expected to manage conflicting state and federal cannabis laws. […]
CannMed 2018
The greatest minds in medical cannabis converged at CannMed 2018 to present the latest findings on medical cannabis research, treatment, and product development. In addition to the compelling case studies and clinical breakthroughs – from treating cancer with cannabis to innovations in cultivation – CannMed also featured renowned cannabis industry leaders sharing game-changing testing methods […]
Cannabis Industry: Revolutionizing The Beverage Sector
Joseph V Micallef Cannabis Sativa Gin, A Hemp Infused Spirit PHOTO, COURTESY CANNABIS SPIRITS The cannabis industry is on a roll. As of May 1, 2019, 33 states have legalized medical cannabis and 10 states have legalized cannabis for adult use. At the federal level, however, cannabis remains illegal. Canada legalized adult use of cannabis in […]
Hemp Plastic: 7 Ways it Could Change the World
Rachel Garland Did you know that it takes between 500-1,000 years for plastic to degrade? Plastic pollution is destroying our planet by the minute. In fact, so much plastic is thrown away each year it could circle the earth four times. And these numbers are on the rise. In the United States alone, Americans throw away 35 billion plastic […]
African Cannabis Market to Reach $7.1 Billion by 2023
Steven Bridge Cannabis is distancing itself from its former days of prohibition and people are enjoying legalization – both medically and recreationally throughout North America and Europe. But what’s been going on in Africa? While the world focuses most of its attention on the legalization of cannabis and CBD in certain countries like the United […]
Epidiolex: CBD Helps Against Opioid Addictions
CBD Might Help People Struggling With Opioid Addiction, Small Trial Shows Ed Cara A new study out Tuesday is the latest to suggest that cannabis—or at least a key ingredient of it—might help people struggling with addiction. It found that people with opioid use disorder experienced less symptoms of craving when given cannabidiol, or CBD, […]
World Weed Tea: Reasons it is Such a Hit
Here’s why weed tea is such a hit in these countries Anisha Dhiman Tea has been around for centuries; so has cannabis-infused tea. It appears the first recorded medical prescription of marijuana, way back in 2737 BC, was actually in the form of cannabis-infused tea. “Drinking tea, in general, is a pleasant activity. It’s nice to […]