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10 Largest Marijuana Companies Raking In Huge Profits

Category: News | Posted on Thu, December, 29th 2016 by THCFinder

After the November elections proved to be a tipping point for legal weed, the financial impact of cannabis products on the U.S. economy became a subject for researchers, economists and stock watchers across the land.

According to Arcview Market Research’s latest report, national growth in the legal cannabis market is going great, with no signs of slowing down. Sales are surging, demand is strong and by 2020, legal market sales are expected to surpass $22 billion and possibly reach twice that amount.

Analysts at Viridian Capital Advisors, a group of Wall Street analysts and bankers who focus on the money side of weed, maintain a cannabis stock index. For 2016 (through December 9),  it’s up 175.3 percent.

And if you think 2016 growth is impressive, it was nothing compared to 2014 where the annual gain was 383.5 percent.

Read More:http://hightimes.com/business/10-largest-marijuana-companies-raking-in-huge-profits/


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Higher Education And Marijuana Policy: Is Cannabis Allowed On Campus?

Category: News | Posted on Wed, December, 28th 2016 by THCFinder

The decision by voters in California, Maine, Massachusetts and Nevada to legalize marijuana for adults over 21 years old has cultivated a campus cannabis conundrum at higher learning institutions across the US. Overshadowing the legalization in these states and the new medical cannabis laws passed in Arkansas, Florida, Montana and North Dakota; has been whether appointments to the president elect’s cabinet will trump any of these gains in cannabis policy. If you go to a college in one of the 28 states or D.C. that has legalized cannabis for adult use or has medical cannabis laws, there are limitations all students should know about.

The college campus setting and campus sanctioned areas present the college student a conflict in a citizen’s right to cannabis under state laws that are being neutralized by campus rules.  In order to maintain funding, college administrators must enforce a campus cannaban which includes dorm rooms and off-site fraternities, sororities and other school-sponsored activities. Unfortunately, though legal at a state level, cannabis is still illegal on college campuses because of the federal funding they receive. Federally-funded institutions of higher education must comply with regulations such as the Drug Free Schools, Communities Act and the Drug Free Workplace Act.

Read More:http://www.weednews.co/higher-education-and-marijuana-policy-is-cannabis-allowed-on-campus/


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Vast Majority of Americans Support Legalizing Medical Cannabis

Category: News | Posted on Wed, December, 28th 2016 by THCFinder

An overwhelming majority of adults in the United States support legalizing medical cannabis, and a plurality supports legalizing recreational cannabis; this is according to a new Harris Poll (founded in 1962 the Harris Poll is one of the longest running surveys measuring public opinion in the U.S.).

According to the survey, 82% of U.S. adults support legalizing medical cannabis; this is a small increase from last year when support was at 81%.

When it comes to recreational cannabis, 50% are in support of the move, with 42% opposed.

Read More:https://www.theweedblog.com/vast-majority-americans-support-legalizing-medical-cannabis-poll/


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Turns Out Buying Marijuana is Popular at Christmas, Too

Category: News | Posted on Wed, December, 28th 2016 by THCFinder

Check that plate of cookies twice before diving in for a post-Christmas treat: It may leave you feeling very naughty or awfully nice, depending on how you handle marijuana edibles.

There are far more cannabis-laced treats lying around households who patronize legal marijuana retail outlets this holiday season. USA Today reports a 21 percent spike in business at dispensaries in California, Colorado, Oregon, Washington and several other states, with the top-selling items being edibles, including cookies and brownies.

In other words, people are buying exactly the kind of present “Santa” may actually want on his plate after a long night arranging everything under the tree (not to mention working overtime in order to pay for it all). 

Read More:http://hightimes.com/news/turns-out-buying-marijuana-is-popular-at-christmas-too/


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Six Predictions For The Marijuana Industry In 2017

Category: News | Posted on Tue, December, 27th 2016 by THCFinder

This year saw big election wins for marijuana in several states. In addition, Colorado crossed the $1 billion mark for annual marijuana sales. Now a new year is almost here and a new presidential administration for the cannabis industry to navigate. It's time to look ahead and see what's in store for the cannabis industry in 2017.

 

The two biggest areas of focus for the upcoming year are California and Jeff Sessions. With California's recreational marijuana market in the building phase, many in the industry will be watching for progress throughout the year. Another big center of attention will be the appointment of Jeff Sessions as U.S. Attorney General. This will keep the industry on heightened alert for any changes in law enforcement.  Aside from those two topics, here are some of the industry’s biggest predictions for the 2017.

 

Read More:http://www.forbes.com/sites/debraborchardt/2016/12/26/here-are-the-top-2017-predictions-for-the-marijuana-industry/#7c967cc9689a


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Cannabis Scientist Joins the Chorus of Disdain Against Monsanto

Category: News | Posted on Tue, December, 27th 2016 by THCFinder

Many watched with delight as Prop 64 was approved in California this past November. Others had mixed reactions provoked by fear that big business would sweep in and wipe out the small growers and sellers who had been steadfastly, and quietly, supplying our weed for the last several decades.

They weren’t totally wrong to be concerned; the industry is taking off like wildfire.

Take a look at the numbers: Colorado raked in nearly a billion dollars in the first 10 months of 2016. Forbes Magazine projected the cannabis market could grow 700 percent by 2020, and just about the straightest banking newsletter on earth placed marijuana as the third fasting growing industry in the country (after 3-D printing and drones!).

Read More:http://hightimes.com/news/cannabis-scientist-joins-the-chorus-of-disdain-against-monsanto/


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