capitalism

'Day One Equity' drives New York legalization effort

Posted on March 5th, 2019 by Bill Weinberg and tagged , , , , , , , , .

New YorkWith rival cannabis legalization bills now pending in Albany, New York state activists are demanding "Day One Equity"—legislation consciously crafted to correct the injustices of the War on Drugs. Advocates and politicians came together to give voice to this demand at a recent forum on Manhattan's Lower East Side.

Cannabis and California's water wars: will small growers be the losers?

CaliforniaSacramento is preparing to unleash the National Guard on small illegal growers in the Emerald Triangle just as it is pushing the "Twin Tunnels" project to facilitate water diversions to Central Valley ag-biz—which is increasingly growing cannabis. Small growers face punitive measures for irresponsible practices while big growers stand to gain from official water diversions that may be ultimately far more irresponsible.

Struggle for patient cultivation continues as Peru approves medical marijuana regs

Posted on February 26th, 2019 by Bill Weinberg and tagged , , , , .

PeruAfter a delay of a year beyond what was mandated by the law passed in November 2017, Peru has finally unveiled regulations for its new medical marijuana program. Now the activists who fought for the law say they will keep fighting for what has always been their central demand: the right to home cultivation by patient "associations."

UK imports first shipments of medicinal cannabis products

Posted on February 21st, 2019 by Global Ganja Report and tagged , , , , , , , .

extractCounterintuitively, the world's top legal cannabis producer, the United Kingdom, is now importing its first shipments of medicinal cannabis prodccts, from Canada and the Netherlands. This is an advance for the UK medical marijuana program, but a proverbial case of "coals to Newcastle"—pointing to the paradoxes of cannabis globalization.

New Frontier Data analyzes Latin America cannabis market

Posted on February 14th, 2019 by Bill Weinberg and tagged , , , , , , , , , , , , .

leafLatin America is at the forefront of the global wave of cannabis law reform, according to a new report from a DC-based industry analyst. New Frontier Data sees a $9.8 billion market in the region, with big expansion potential for both exports and serving local consumption. 

Cannabis legalization bill advances in Hawaii

Posted on February 12th, 2019 by Global Ganja Report and tagged , , , , , , , , .
cannabisA bill that would legalize "recreational" cannabis is moving forward in Hawaii's state legislature. It would build on the dispensary system established by the state's medical marijuana program to bring about a regulated adult-use market.

Oregon cannabis producers push for exports to relieve glut

Posted on February 6th, 2019 by Global Ganja Report and tagged , , , , , , , .

OregonWith Oregon's cannabis surplus so big that authorities estimate 70% of the state's output goes unsold, "craft" producers are calling for a novel solution—allowing export to other states that have legalized.

The cannabis market is flooded in the Beaver State, and that's a real problem for an industry that has seen explosive growth since Oregonians voted to legalize in 2014. But some say this provides an opportunity.

Stocks soar as Israel allows export of cannabis

Posted on February 2nd, 2019 by Global Ganja Report and tagged , , , , .

cannabisIsrael's internal market for medical cannabis products is limited by the country's relatively small population, but with exports now approved by the cabinet, a multi-billion-dollar industry is foreseen. Since the announcement, share prices of cannabis companies on the Tel Aviv Stock Exchange have soared.

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