Cannabis Baby Boomers

A market correction is coming. Canada’s commercial cannabis producers are not atypical. They will not be exempt. Their market highs are going up in smoke. One way to demonstrate this fact is through the Cyclically Adjusted Price-to-Earnings ratio or “CAPE” for short. This ratio refers to how much one is willing to pay for shares […]

A new luxury head shop has opened in New York City, selling upscale cannabis products like $125 mini-bongs, $115 hand-blown glass pipes shaped like fruit, and a $450 tabletop lighter. Edie Parker, a brand known for its handbags and home décor, launched its cannabis accessories line, Flower, in May 2019. On a recent afternoon, I […]

NEW YORK — Nearly 1 in 10 baby boomers say they’ve used marijuana in the past year, research shows, a notable jump from data reported a decade ago that points to wider acceptance of pot among older adults as legalization continues to widen. The study by researchers at New York University found that nine percent […]

Katie Warren/Business InsiderAccessories brand Edie Parker has launched an upscale cannabis accessories line called Flower in its Madison Avenue shop. A new luxury head shop has opened in New York City, selling upscale cannabis products like $US125 mini-bongs, $US115 hand-blown glass pipes shaped like fruit, and a $US450 tabletop lighter. Edie Parker, a brand known […]

The diamond-shaped stamp signals that these chocolate bars contain THC. Colorado began requiring the logo in 2016 after complaints that many marijuana edibles looked too much like their nonintoxicating counterparts. (David Zalubowski/AP) DENVER — The first two states to legalize recreational marijuana are starting to grapple with teenagers’ growing use of highly potent pot, even […]

Canopy Rivers has invested US$1.5 million in BioLumic Ltd, a Palmerston North, New Zealand-based maker of a sustainable ultraviolet (UV) crop yield enhancement system. The investment is part of the company’s US$6.7 million Series A financing, led by Finistere Ventures, a U.S. food and agriculture venture capital firm. Canopy Director Mary Dimou will join the board as an observer. […]

These days, it seems as if every entrepreneur is going green. Here are five quick stats you should know about the burgeoning legal marijuana business from cannabis technology platform Eaze. Age groups are diversifying. Baby Boomers are one of the fastest growing segments, increasing by 25 percent over the past year. Women are making their […]