It’s not just pot smokers and medical users buzzing about the benefits of marijuana. The upstart legal cannabis industry is also gaining a following among stock investors, many of whom are excited about getting in early on the budding but …
Cannabidiol, a compound of marijuana that does not get the user high, is becoming popular in consumer products but needs more research, experts say. For Coca-Cola, the world’s largest soda company, to consider developing a cannabis-infused beverage shows how much …
NEW YORK – Cannabis is making cryptocurrencies look lethargic. Share prices of listed producers have rocketed, in some cases faster than bitcoin did last year. Brendan Kennedy, the chief executive of Tilray, which made $21 million of revenue last year …
Almost all of the world’s mega-brewers have weaseled their way into the legal cannabis space, yet Anheuser-Busch InBev, the largest of them all, has been somewhat aloof when it comes to saying whether the company is considering a similar move.
What does a beer company do to hedge against slowing growth in its main business? In the case of the parent company of Corona, the answer is to invest heavily in the marijuana industry. Constellation Brands, which also makes Robert …
Constellation Brands just spent billions on pot. The wine and spirits company increased its investment in cannabis company Canopy Growth by $4 billion. Markets weren’t buying it. Constellation’s stock plummeted 6 percent on Wednesday in its worst daily performance since …
The cannabinoid research and development company has announced a lease agreement to move its company headquarters to the former GE manufacturing campus. Golden, Colorado—July 24, 2018—PRESS RELEASE—Boulder Botanical & Bioscience Labs, a seed-to-shelf business that researches and creates cannabinoid-based products …
Pro-cannabis legislative reform has advanced in a number of states in 2018, with major business developments occurring in Florida, Pennsylvania, New Jersey and other markets. The legislative changes and resulting program expansions could potentially boost medical marijuana sales by tens …
Recreational cannabis will officially be legal in Canada as of October 17, 2018, according to Prime Minister Justin Trudeau. Investors are racing to cash in on what is going to be a massively innovative and lucrative business – a business …
Marijuana Business Daily (MJBizDaily), the most trusted B2B news source and event producer of the cannabis industry, introduces Hemp Industry Daily, the first publication to deliver objective and market driven coverage of where the hemp industry is headed. The hemp …