Cannabis

Canopy Triples Down On US Hemp

Canopy Triples Down On US Hemp

Canadian cannabis producer Canopy (CGC) went through with another hemp acquisition in the US, AgriNextUSA. The Philadelphia Inquirer reports Canopy Growth Corporation is planning to build a series of industrial hemp parks across the country, including Pennsylvania, as part of its expansion plan. Only weeks ago, Canopy also announced a major partnership with Martha Stewart, since they will work...

Hemp Is Now No Longer “Marijuana”

Hemp Is Now No Longer “Marijuana”

Cannabis giants like Canopy (CGC), Aurora (ACB) and Tilray (TLRY) are all jumping into US hemp, and it totally makes sense why. On December 20th, 2018 hemp was officially removed from the controlled substances list and separated by definition from marijuana. Before this it was wrapped up with marijuana, and was included in the controlled substances list...

Wall Street’s Surprising Hemp Outlook For 2019

Wall Street’s Surprising Hemp Outlook For 2019

$80 Billion USD Wall Street's top cannabis analysts consider U.S. earnings of marijuana will rise more than she previously projected to $80 billion by 2030 and told clients to anticipate major Canadian growers like Canopy Growth and Tilray to outperform in 2019. "We anticipate continued growth in recently established U.S. nations, and much more robust increase in...

Why Being Terminated By Namaste Is Probably A Good Thing For Sean Dollinger

Why Being Terminated By Namaste Is Probably A Good Thing For Sean Dollinger

Namaste Technologies CEO and co-founder Sean Dollinger was terminated by the company in February. Dollinger then immediately threatened the company with a lawsuit, only to be accepted back onto the board within a matter of weeks. Dollinger now joins co-founder Kory Zelickson in insider status, making inflated dumps and future lower buybacks even more fun as no...

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