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  • Author: Anthony Johnson

Global Cannabis Sales Could Reach $15 Billion in 2019, $40 Billion by 2024

cannabis plant

Based on current sales, as well as reasonable projections regarding new markets, an industry report projects that global cannabis sales could hit about $15 billion this year, with a continued growth rate that might push the market to a whopping $40 billion in just five years. Cautious regulatory approaches in Canada and California provided hurdles

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Molson Coors to Brew Cannabis Drinks in Canada, CBD Versions in the U.S.

It was big news when Molson Coors Brewing Company announced that it was forging a partnership to brew non-alcoholic cannabis drinks in Canada, but it shouldn’t have been surprising. Alcohol giant Constellation Brands had already invested heavily in the cannabis industry and it shouldn’t shock anyone that big companies, particularly those involved with alcohol and

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Swiss Cannabis Sales Shattering Records

Company X cannabis

When the International Cannabis Business Conference teamed up with CannaTrade and made its first visit to Zurich this year, it was evident that Switzerland’s experience legalizing cannabis, albeit with a 1% THC limit, has been a success. The innovative country legalized cannabis with limited amounts of THC in 2011 and decriminalized possession soon thereafter, and

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Canada Finalizes Cannabis Edibles, Extracts, & Concentrates Regulations

Canadian Flag

Health Canada recently released its final regulations regarding the sale of cannabis-infused edibles, extracts, and concentrates, finally starting to open an expected $2.7 billion dollar business sector this December. Of course, the International Cannabis Business Conference in Vancouver this September 15-16 will have the latest crucial information and tips for industry participants. Prioritizing public safety,

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The Oregon Legislature Approves Cannabis Exports, Will the U.S. Follow Suit?

marijuana

Various localities’ ability to become “laboratories of democracy” (to an extent) and implement their own laws is a rather unique and interesting concept not employed by all nations. In the United States, states moving forward with their own cannabis laws have been a driving force to change public opinion and create momentum for federal policy

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Is Canada Losing Ground to the United States as the Global Cannabis Leader?

Canada American flags

There is absolutely no doubt that Canada has been the global leader in the international cannabis market. Step by step in recent years, reforms at the federal level, starting with regulating medical cannabis, the Canadian government has given its homegrown companies a leg-up on the global competition, culminating with the achievement of becoming the first

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Declining Profits Bringing Beer Companies Into the Cannabis Industry

Recognizing the growth of the burgeoning cannabis industry is enough to bring a lot of companies, entrepreneurs, and investors into the business sector, but beer sellers have an additional reason to join-decreasing profits. The fact that their decreasing profits may be occurring directly because of legalization has many beer execs deciding that if they can’t

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Canadian Craft Cannabis Leader Pasha Brands Acquires Producer & Processor

Pasha Brands

Vancouver, British Columbia, Canada has a long and deserved reputation as a pioneering cannabis leader. Sensible policies and a progressive culture have fostered a welcoming place for the cannabis community, providing the foundation for legalization across the Great White North and influencing positive reforms in the United States and worldwide. Unfortunately, navigating the new regulatory

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