Multimillion-Dollar US Cannabis Deals Near Completion
Though both of the deals are set to improve the two multi-state operators’ (MSOs) market share across the US and could represent a newfound interest in the regulated cannabis industry at the state level by federal powers, cannabis deals overall have been downsized in the face of a struggling market. Read more
N.J. Farmers May Be Able To Grow Hemp Next Year
The U.S. Department of Agriculture announced Tuesday it has established a Domestic Hemp Production Program, bringing long-awaited guidelines to what many believe will be a burgeoning and profitable industry. Read more
How Might Brexit Impact The UK’s Cannabis Industry?
While the UK’s CBD market is huge, the fact that UK hemp farmers are prohibited from processing flowers and leaves from their crops requires them to rely on imports to sustain that market. A recent study from the UK’s Centre For Medicinal Cannabis priced the 2018 market as worth £300 million (347.7 million EUR), with double-digit compounded growth-boosting it to £1 billion (1.16 billion EUR) by 2025. Read more