Bitcoin’s Rise Solidifies The Intersection Of Cannabis And Cryptocurrency

The rise of cannabis and cryptocurrency

NEW YORK: As bitcoin’s price continues its meteoric rise, which has seen the cryptocurrency skyrocket in value from just under $1,000 at the start of 2017 to above $10,000 in November, a number of companies have taken steps to benefit from the growth of the burgeoning cryptocurrency industry. One area of the industry that appears to offer significant growth potential Read the full article…

Global CBD Oil Market To Grow At 39.19% CAGR In 2017-2021.

global CBD oil market to grow at a CAGR of 39.19% during the period 2017-2021

UNITED KINGDOM: Cannabidiol (CBD) is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD oil can be derived from two different species of cannabinoids: marijuana and hemp. The Americas dominated the global CBD oil market in 2016, followed by EMEA and APAC. Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) Read the full article…

Elev8 Hemp Coffee Now Available On Amazon Prime

Elev8 hemp coffee somes to Amazon Prime

FLORIDA: In another example of the mainstreaming of hemp and cannabis products, Elev8 Brands, Inc., a holding company focused on the commercial development of hemp and CBD-based products including hemp coffee, tea, and E-juices, has announced that Elev8′s Hemp Coffee is now approved and available for customers with Amazon Prime accounts. Elev8 Hemp Coffee is Read the full article…

Obituary: Medical Cannabis Pioneer And Seattle Icon JoAnna McKee Has Passed

Activist JoAnna McKee has passed

WASHINGTON:  JoAnna McKee, Medical Cannabis Pioneer and Seattle Icon, has passed away. JoAnna cofounded Green Cross Patient CO-OP with her partner Stich Miller in 1993, after seeing a news report mentioning a medical cannabis dispensary in Seattle but not being able to locate an active dispensary. When JoAnna and Stich spoke with the Seattle AIDS Support Group, a Read the full article…

New Frontier Data And MassRoots Join Forces

New Frontier and MassRoots Team Up

DISTRICT OF COLUMBIA: New Frontier Data, a leading provider of data, analytics and business intelligence in the cannabis industry, and MassRoots have announced a partnership designed to “elevate digital marketing practices and better understand social consumer behavior at a pivotal time in the cannabis industry.” “It is an exciting time in the cannabis industry whereby Read the full article…

Medical Cannabis Data Shows Strong Sales And Growth

America is pro-pot

According to a research published by Hexa Research, the U.S. medical cannabis market size was valued at USD 5.44 billion in 2016, and is expected to be valued $19.48 billion by 2024. The medical cannabis market is still in stage of development and is expected to grow significantly during the forecast period owing to rising consumer demand. Consumer attitude Read the full article…

Cannabis Trends To Watch In 2018

Trends To Watch In 2018

By Kathy T. Cooley Enthusiasm for Cannabis has grown exponentially in recent years, from the legalization of it as a recreational drug in California and Maine to its potential for medicinal use. While medical research is scant on exactly what marijuana can do, the tides are set to change rapidly for the popular plant as Read the full article…

Data Projects Further Growth For The Legal Cannabis And CBD Markets

The industry keeps on growing

NEW YORK: According to Grand View Research, the global medical cannabis market is expected to reach USD 55.8 billion by 2025. Increasing use of cannabis for medical purposes is one of the key factors that drives the market. The CBD market is projected to experience rapid growth in the cannabis industry due to its medical benefits, which are Read the full article…

Canada’s Corner Stores Warn Government: Inconsistent Regulation Of Cannabis And Tobacco Will Have Serious Consequences

packaging and labelling of cannabis products is necessary to give adult consumers the relevant information they need to make informed decisions and an educated choice.

CANADA: A new white paper produced by the Canadian Convenience Stores Association (CCSA) charges that the federal government risks damaging thousands of small businesses in communities across the country by opening the door to further increases in sales of illegal tobacco while giving unfair and preferential treatment to the sellers of cannabis. Ottawa is considering important Read the full article…

MassRoots Files Suit Against Former CEO

MJ_Legal

COLORADO: MassRoots, Inc., a leading technology platform for the legal cannabis industry, announced that on November 14, 2017 it filed a lawsuit in District Court in Denver, Colorado against its former CEO, Isaac Dietrich. The complaint alleges, among other things, that Dietrich intentionally misappropriated Company funds and engaged in self-dealing by causing MassRoots to make unauthorized payments to him and Read the full article…