After legalizing marijuana, Canada started a cultural evolution and historic shift for the entire world to follow. (Currently, only Uruguay has completely legalized marijuana use for recreational and medical purposes.) In October 2018, the Cannabis Act came into force, and a lot of people expected the legalization to have “dire consequences”, such as minors having easier access ... Continue Reading
marijuana laws
The Vast Business Opportunities of Legal Cannabis
Could the cannabis industry trend be heralding a new gold rush? This post from City A.M. discusses how legal cannabis is raising the bar for investment possibilities and creativity. Is cannabis the new gold? And if so, are we at the gates of a greener and much more lucrative gold rush? Long gone are the days in which the legalisation of marijuana seemed impossible. Across ... Continue Reading
China Warns Its Citizens in Canada Against Cannabis
China joins the list of Asian countries warning their citizens in Canada to refrain from cannabis use. Japan and South Korea have done it earlier. Read more in this post from Globalnews.ca. Marijuana may be legal now in Canada but at least three Asian governments are warning their citizens to avoid it, including the spectre of possible arrest for Japanese and South ... Continue Reading
Why Misleading Cannabis Potency Labels Can Be Harmful
Improper potency labeling is a huge problem for the cannabis industry. This post from GreenCamp highlights how wrong cannabis potency labels can harm users. Labeling cannabis products correctly is of huge importance, especially on the medical side of the cannabis industry, which is why mislabeling these products can cause great harm to users. Many dispensaries and online ... Continue Reading
Legal Cannabis Industry: Growth Despite the Banking Crisis
The $9 billion industry of legal marijuana is one of the strongest growth areas of the U.S. economy, yet most banks won't touch it. This post from Forbes highlights the banking crisis faced by legal cannabis. Imagine an industry with $9 billion in sales — equivalent to the entire snack market — where only 30% of businesses had a bank account. That’s the situation we face today ... Continue Reading