With the news that Health Canada has authorized outdoor cultivation (see Aurora), the entire cultivation conversation has now shifted into interesting new territory. And not just in Canada. Never mind...
Patients Are Powering the European Cannabis Industry
Written by ICBC Staff on . Posted in Business, Medical, Vancouver.
It is a truism in the room that the cannabis industry, globally, and in each region of the world it springs forth in, is driven first by the medical side of the business. No matter how much excitement...
Venture Capitalists Invest a Record Breaking Amount in the Cannabis Industry!
Written by Anthony Johnson on . Posted in Business, Vancouver.
It makes sense that investors, including venture capitalists, are investing more and more in the cannabis industry each and every year. More states and nations are moving towards legalizing medical...
Thailand Takes Early Lead in the Asian Cannabis Market
Written by Anthony Johnson on . Posted in Business, Vancouver.
Positive cannabis law reforms have been taking hold all across the world, while Asia with many of its nations still maintaining draconian cannabis laws, has lagged behind North America, Europe, Africa,...
Canada Needs to Adapt as US, Especially California, Cannabis Industry Grows
Written by Anthony Johnson on . Posted in Business, Politics, San Francisco, Vancouver.
Canadian cannabis companies have been given a leg up on its global competition, but that advantage is being eroded and could be eliminated rather quickly once the United States ends federal prohibition,...
Canada Brings in $186 Million in Tax Revenue as Sales Continue to Increase
Written by Anthony Johnson on . Posted in Business, Vancouver.
It’s no secret that cannabis sales in Canada have gotten off to a relatively slow start as the government has taken a rather conservative, cautious approach to licensing, as government officials’...
Full-Time U.S. Cannabis Jobs to Top 175,000, Increasing 34%, in 2019
Written by Anthony Johnson on . Posted in Business, Vancouver.
Earlier this week, an economic report projected global cannabis sales to increase to 36% in 2019, with dramatic growth expected over the next five years, thanks to an expansion of existing markets and...
Global Cannabis Sales Could Reach $15 Billion in 2019, $40 Billion by 2024
Written by Anthony Johnson on . Posted in Business, Vancouver.
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...
Molson Coors to Brew Cannabis Drinks in Canada, CBD Versions in the U.S.
Written by Anthony Johnson on . Posted in Business, Vancouver.
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...