Canadian market leader announces approvals to have Tweed products available for sale to German patients this summer.

Canopy Growth Corporation ("Canopy" or "the Company") is pleased to announce that its wholly owned subsidiary Tweed Inc. ("Tweed"), Canada's largest medical marijuana producer, has received necessary approvals in Canada and Germany to begin export of medical cannabis for sale to German patients. 

Working with MedCann GmbH Pharma and Nutraceuticals ("MedCann"), a privately held pharmaceutical importer and manufacturer, the transfer marks an important milestone for the Company and the first known incidence of dried cannabis being exported from a Canadian licensed producer to a major G7 country.

Although the United States cannabis industry offers investors a lot of upside, it offers even more risk as a majority of the companies are fraudulent.

Many of the cannabis companies that trade on the OTC exchange are led by management teams focused on creating value for themselves, and rely on the sale of stock to stay in business.

Canada Remains a Bright Spot of the Industry

The Canadian medical cannabis industry continues to be a bright spot in the cannabis sector as its constituents are led by management teams that continue to execute on business initiatives and create value for shareholders.

Why growth of CBD is likely to outpace the more glamorous segment of the country’s fastest growing industry.

The legal marijuana industry is the fastest growing industry in America. So say the headlines. It’s being called America’s billion dollar crop. (Actually, the US market is predicted to swell to over 7 billion in 2016.)

Everyone wants to work in the legal cannabis industry - and, according to the latest numbers from the Marijuana Business Daily, and increasing number of people are living the dream.

It's estimated that cannabis-related companies now employ 100,000 to 150,000 part and full-time workers nationwide in dispensaries, cultivation facilities, concentrates companies, testing labs and other, ancillary firms. To arrive at that figure, Marijuana Business Daily looked at the number of registered marijuana businesses, and and the average number of employees in each type of business.

Canopy Growth Corp. erased early gains on Tuesday, sitting down almost 3 per cent in midday trading in its first day on the Toronto Stock Exchange after graduating from the junior Venture exchange.

The marijuana grower became the first weed producer in North America to graduate to a major exchange. It has surged 25 per cent during a three-day rally, reversing losses for the year.

“Being the first cannabis producing company in North America listed on a major exchange such as the TSX strengthens the sector,” Bruce Linton, chief executive officer of Canopy, said in a statement on Monday. “The addition of Canopy Growth helps signal that the world’s view of cannabis has finally shifted, starting right here in Canada.”

The legal weed industry is dominated by men.

Consumers are reaching for cannabis nearly as often as they are for a can of beer, a new report has found.

The typical male customer spends about $647 annually on marijuana products, while female consumers drop about $634 each year on weed, MarketWatch reported. That’s compared to an average of $645 a year on alcohol and $1,000 a year on coffee, according to a survey from Headset, which tracks weed transactions.

As cannabis goes mainstream, one expert says it’s time to leave antiquated terms behind.

The commonly used terms ‘indica’ and ‘sativa’ are outdated, inaccurate, and holding us back from the power of the plant, says one expert. Cannabis is complex and deserves a more accurate classification system to help adult users and patients find the best bud to meet their needs. 

“These terms are holding us back and we have a responsibility to change,” says David Drake, CEO of Cannabis Reports. Cannabis Reports provides consumers, scientists, and companies with strain information that goes far beyond ‘indica’ and ‘sativa’. 

MJ Freeway executive, Jeannette Ward, talks the ultimate career transition.

Meet Jeannette Ward, former seven-year Coca Cola career climber, and also a graduate of HBCU Spelman College in Atlanta, who recently took the smart leap into the cannabis industry.

Ward serves as executive director (data and marketing) at MJ Freeway, the market leader in ‘seed to sell’ cannabis compliance software & professional consulting services.

BlackEnterprise.com caught up with Ward to find out why she gave up Coke for cannabis, and what she plans to get in return.

BlackEnterprise.com: How did you get involved in the cannabis industry? 

While many economists and analysts are predicting a recession in the next two years, Michael Berger, a leading expert of the cannabis sector and Associate Editor of MoneyShow.com continues to view the cannabis sector as recession proof. Here, he provides his reasoning as well as his top picks in the nascent but burgeoning industry. 

The state of the global economy has led to a number of leading economists and well-known investors to predict a recession within the next 12 to 18 months. 

The Anchorage Assembly approved the city's first commercial marijuana grow Tuesday night, a significant step forward for the developing legal cannabis industry.

"This whole green revolution, it starts here tonight with the City of Anchorage," said Assemblyman Dick Traini who voted to approve the local marijuana license and special-use permit for Dream Green Farms and to refer the application for a second proposed commercial marijuana grow, Arctic Herbery, to an Assembly committee for additional review after a flurry of late-night debate.