Although medical marijuana had become acceptable to the society in the US much earlier, the use of recreational marijuana always came along with a taboo. According to the United States Drug Enforcement Administration, marijuana continues to be a Schedule 1 substance. This implies that it has a high potential for abuse and has the ability to cause severe psychological effects. […]

In the span of four months in 2018, Canada became the tenth country to federally legalize cannabis in some form, and Michigan, Missouri and Utah brought the total number of U.S. states with at least legalized medical cannabis to 33. This graphic, courtesy of Gleam Law — a cannabis law firm servicing California, Oregon and Washington — shows exactly where cannabis is legal worldwide.   To read […]

Industrial Hemp: Market Definition Industrial Hemp, a variety of cannabis, is also known as Hemp or non-drug cannabis as doesn’t exhibit any of the psychoactive property as its cousin marijuana. Industrial hemp is an annual plant and is cultivated in over 30 countries across the globe. Industrial hemp is cultivated for its seeds and stalk which are used widely across […]

While recreational cannabis is being touted as a potentially multi-billion-dollar industry, its cost to the environment is proving to be anything but green. Canada’s licensed producers are constantly on the lookout for ways to save on production costs, and substantial energy needs are a major obstacle. However, with some of the country’s licensed producers building massive cannabis production facilities with indoor growing […]

“Last year, Reuters reported that the USPTO issued 39 patents containing the word cannabis during 2018 through late November. The USPTO only issued 29 such patents during 2017 and 14 during 2016.” The shifting status of marijuana from an illegal controlled substance to regulated medicinal product to, in some jurisdictions, legalized recreational activity has created a market that promises to […]

Since last year, when Canada legalized recreational pot in full, the nation became a kind of country-sized lab for how that new business would play out. That market could reach as much as $5.1 billion in annual sales by 2020, according to one estimate – though some predictions are higher, especially ones that include spending on accessories and growing supplies. Still, even […]

The entire cannabis industry has been spreading like wildfire lately, but a particular niche seems primed to becoming the next big thing: hemp. Following the passage of the U.S. Farm Bill, hemp and all hemp-based products are now legal (not including CBD edibles, currently under attack, as we just saw in New York), which makes for a thriving industry. There are 2 primary […]

Canada often serves as America’s colder, nicer, saner foil, and its handling of marijuana policy exemplifies its more pragmatic side. While federal, state and even local governments in the United States hurtle in different directions on cannabis, our northern neighbor dispensed with much of the confusion by legalizing the drug at the national level last year. Two Bay Area business […]