A Cannabis ETF Looking For Redemption

Canadian cannabis company Canopy Growth to list shares on NYSE

Cannabis stocks and exchange traded funds endured a summer of woe. The actively managed AdvisorShares Pure Cannabis ETF YOLO, -1.73% is saddled with a third-quarter loss of 18.55%, but the fund’s manager, […]

Former Patrón Spirits and Grey Goose CMO Lee Applbaum joins cannabis firm

Former Patrón Spirits and Grey Goose CMO Lee Applbaum joins cannabis firm

Marijuana company Surterra Wellness has amped up its leadership team with the addition of former Patrón Spirits and Grey Goose CMO Lee Applbaum.  He will sit at the helm of Surterra’s marketing department as Philippa Classey becomes its first managing director, Europe. “Lee is one of the most extraordinary brand builders in the business and […]

Former Patrón and Grey Goose CMO resurfaces at cannabis brand

Former Patrón and Grey Goose CMO resurfaces at cannabis brand

Lee Applbaum, the Bacardi exec previously charged with heading up marketing for Patrón and Grey Goose, has been named chief marketing officer of cannabis brand Surterra Wellness. Applbaum resigned from Bacardi in July, citing a desire to “pursue [his] personal passions in business and life”. He will now lead Surterra’s global marketing teams in product […]

Is global medical cannabis a regulatory compliance business?

Is global medical cannabis a regulatory compliance business?

© iStock/Zenkyphoto For medical and recreational cannabis production, Cannabis OneFive, Inc.’s (C15) solutions fit like a bullseye into a realm of regulatory compliance. Why? Let’s find out. Besides the obvious elements of genetics, strains, cost of growing/production, supply chains, off-take agreements, white labelling, and other common business operational activities sits the regulators. Two sets, the […]

David Cameron says he got “off his head” on cannabis

David Cameron says he got

David Cameron has admitted to getting “off his head” on cannabis after smoking the drug while studying at Eton College. The former prime minister had previously refused to acknowledge allegations that he had dabbled in drug use during his days at the elite private school which has produced 20 of the nation’s leaders – arguing that […]

Industry says UK laws deterring cannabis investment

UK anti-money laundering laws are deterring investment in the cannabis industry in Europe, according to lawyers and industry executives. “It’s like a school race. Everyone is waiting to go but no one wants to cross the line first in case they are disqualified,” said Alison Saunders, dispute resolution partner at Linklaters.  The Proceeds of Crime […]

Let’s talk about medicinal cannabis in Switzerland

Let's talk about medicinal cannabis in Switzerland

© iStock/assalve In June 2019, the Federal Council has submitted a proposal suggesting that medicinal cannabis in Switzerland should be made legal. Over recent years, Switzerland has “been relatively progressive on cannabis, including the legalisation of cannabis with no more than 1% THC.” For example, this level of legal THC percentage, although it has to […]

Man gave underage girls cannabis in London park then groomed them for sex

Man gave underage girls cannabis in London park then groomed them for sex

A man who groomed underage girls for sex after targeting them in a London park has been jailed for four years for sex offences. Paul Sullivan, 50, was described as a “dangerous offender” by police after being caught when a mother saw his messages on her daughter’s phone. Snaresbrook Crown Court heard he approached five […]

Online Cannabis Sales Are About To Flourish With The Rise Of Cannabis Marketplaces

Online Cannabis Sales Are About To Flourish With The Rise Of Cannabis Marketplaces

Will revenue for the cannabis market continue to climb? stock With a market cap inching ever closer to $1 trillion, Amazon is the largest company in the world. It got there by capitalizing on society’s ever-increasing reliance on e-commerce, delivering products faster and more conveniently than physical retailers.  Over the last two decades, nearly every […]

Weekly Cannabis Stock News: Tilray Nabs a Key EU Shipment Deal

Weekly Cannabis Stock News: Tilray Nabs a Key EU Shipment Deal

This week wasn’t an earth-shaking one for marijuana stocks. That’s in some contrast to the previous frame, which saw several noted companies in the sector deliver their quarterly earnings. Yet as usual, there were some meaningful developments in this ever-active “green” corner of the economy. Let’s dive right into it.  Image source: Getty Images. Tilray’s […]