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After a brutal industry shakeout, Canada is maturing into a major marijuana producing and consuming country.

View the The Roanoke Times for Sunday, June 27, 2021

AP Even as legal weed sales in Illinois continue to shatter records nearly 18 months after they kicked off, the illicit pot trade is still dominating a total statewide market some experts have valued at over $4 billion. New Frontier Data, a cannabis industry research firm headquartered in Washington, D.C. estimates that black market pot sales here will top $2.2 billion this year. Meanwhile, BDSA, another pot research firm based in Colorado predicts more than $1.7 billion in illegal sales. Those...

Welcome to Insider Cannabis, where we're bringing you an inside look at the deals, trends, and personalities driving the multibillion-dollar cannabis boom.

Author Bio A Fool since 2010, and a graduate from UC San Diego with a B.A. in Economics, Sean specializes in the healthcare sector and investment planning. Youll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. Follow @TMFUltraLong For more than a year, volatility has been a way of life for investors. The uncertainty brought about by the coronavirus pand...

Your cannabis consumption has a carbon footprint, and when everybodys cannabis consumption is added up, that carbon footprint gets mighty big. But most of that climate-changing impact is coming from marijuana grown under lights indoors with extensive heating, air conditioning, and electrical requirements. Marijuana grown outdoors or in greenhouses (or hoop houses) doesnt require any of that and has virtually no impact on greenhouse gas emissions. It would appear that the ethical thing for marij...

Last month, New York became the second-largest state to legalize recreational marijuana after California, with retail sales expected to begin as early as next year. Existing medical marijuana businesses in New York are expected to play a major role in the new adult market, but lawmakers wrote in provisions to mitigate market dominance. Half of the licenses are supposed to go to “social and economic equity” applicants, which would include financially distressed farms. Regulators are likely m...

BY MICHAEL HILL | ASSOCIATED PRESS April 14, 2021 10 Gail Hepworth, center, co-owner with her sister of Hepworth Farms in Milton, N.Y., talks with employees as dried hemp is processed, Monday. AP Photo/Seth Wenig ALBANY, N.Y. – Legal marijuana is coming to New York and hemp farmer Samir Mahadin sees it as a potential lifeline. Farmers dealing with depressed prices for plants that produce CBD are eager to take part in a statewide marijuana market expected to generate billions of dollars a year...

Michael Hill Gail Hepworth, center, co-owner with her sister of Hepworth Farms in Milton, N.Y., talks with employees as dried hemp is processed, Monday, April 12, 2021. Farmers dealing with depressed prices for plants that produce CBD extract are eager to take part in a statewide marijuana market expected to generate billions of dollars a year once retail sales start. They already know how to grow and process cannabis plants, since hemp is essentially the same plant with lower level...

Swap the crop? New York hemp farmers eager to grow marijuana MICHAEL HILL, Associated Press FacebookTwitterEmail 18 1of18Gail Hepworth, right, and Amy Hepworth, sisters and co-owners of Hepworth Farms, pose for a picture on bags full of hemp plants at Hepworth Farms in Milton, N.Y., Monday, April 12, 2021. Farmers dealing with depressed prices for plants that produce CBD extract are eager to take part in a statewide marijuana market expected to generate billions of dollars a year ...