“This is going to be bigger than bingo,” James Billie told CNN over the summer. A former chief of the Seminole, whose company MCW gives financing and legal counsel to American Indian tribes to help them grow and sell marijuana on their land, Billie could barely contain his excitement.
Hollywood has a drug problem.
As America slowly crawls out from under the devastating weight of a failed War on Drugs, much of the entertainment industry still treats legal marijuana as a low-hanging punchline or forgettable.
What can you do to make sure you’re poised for success in this unpredictable, highly competitive industry? Here are four tried-and-true practices that you can apply to your dispensary in any state.
Change is the only constant. Reflecting on the past seven years in the cannabis industry, I marvel at how much has changed and how quickly it has happened.
When it comes to the cannabis industry, it’s difficult to even find an accurate comparison in business. Every business in this industry is effectively a startup in addition to the fact that we’re in one of the newest and fastest growing industries in the world; that makes it like a startup on steroids. To say it’s unpredictable and risky is an understatement.
If you’re in Southern California on April 20, here are five 420 events sure to bring high class, high laughs, and everything in between, to your holiday celebration.
With eight more states having legalized some form of cannabis this past November, the industry is preparing for an unprecedented expansion, creating more job opportunities and careers for qualified individuals. If you’re looking for a career in cannabis, the Southern California Cannabis Career Fair at the California Cannabis Business Expo on Sunday, March 5, is a must-attend event.
Heightened public awareness leading up to the U.S. elections in November drew in massive increases in trading volume, pushing the U.S. Marijuana Index and Canadian Marijuana Index to double in price in less than a two-month period in September and October.
On March 7, 2017, hear Dr. Joshua Hartsel, CEO of Speakeasy 710, a California-based cannabis oil producer, lead a session at the California Cannabis Business Expo in San Diego on the tremendous opportunity opening up in California’s market with regards to extracts and other concentrate products.
One of the biggest challenges faced by cultivators is controlling and mitigating crop damaging pests and microbial contamination.
Entrepreneurs, investors and career seekers are eager to navigate California’s newly legalized recreational cannabis market and the California Cannabis Business Expo is ready to show current and future stakeholders the way on its opening day at the Sheraton Marina Hotel in San Diego on March 5, 2017.
While non-food-contact surfaces are critical to the form and function of a facility for edibles, food-contact surfaces are at the frontline of food safety. Equipment purchases have to ensure hygienic design and permit efficient disassembly for cleaning, scrubbing, inspecting and sanitizing.
Nothing evokes passionate debate in the cannabis community like the threat of big business taking over. The arguments against big marijuana fill the internet. The heartfelt plea to preserve small farms is echoed throughout the US, Canada, and Jamaica. At the Marijuana Business Conference in Las Vegas last November there was even a debate dedicated to arguing which was better: Craft Cannabis vs Big Marijuana.
The marijuana industry is proving to be profitable for landlords, with businesses willing to pay premium rents. Conversely, it is also complex and has many details from a risk management standpoint.
Institutions need information in order to make decisions. A big part of the information they need to measure and predict outcomes is in the data, but real information is the convergence of that data with sound analysis.
For the purpose of this column we consider three types of institutions: government, academic and corporate. They are the thought leaders, market leaders and mainstream actors from outside the industry that are stakeholders in the effects of an economic outcome.
Institutional interest is emerging. Data has become available and it’s time to start telling the story of the marijuana economy.
The short answer to the headline question is yes, the marijuana world does need another magazine and it needs this one. Although I’m not paid by the word, the inaugural issue of Marijuana Industry News magazine deserves better than a one-word defense, so here it is.
The Oregon Liquor Control Commission announced via email on Nov. 17 that it’s anticipating an influx of applications from prospective recreational marijuana businesses. If you hope to become a licensed recreational processor and want to avoid delays in having your application processed, compliance is critical.
On Nov. 15, 2016, Marijuana Investor Summit will survey the southwestern region of the United States at the Palms Casino Resort in Las Vegas, Nevada.
On Nov. 16, 2016, Marijuana Investor Summit will talk Massachusetts and Maine at the Palms Casino Resort in Las Vegas, Nevada, taking on the future of recreational marijuana in New England.
From children with seizures to athletes with joint pain, people are using cannabis to cope effectively. This one herb and its variety of therapeutic compounds seem to affect every aspect of our bodies and minds. How is this possible?
As The World of Cannabis takes over Las Vegas next week, Marijuana Investor Summit will hold the Cannabis Industry Awards on the evening of Nov. 15, 2016, at the Rain Nightclub at the Palms Casino Resort.
Are you an entrepreneur eager to fund your cannabis business? Needless to say, banks are not going to be your first choice. How can you raise capital legally and then bank the money you make?
The Doctors debate the pros and cons of legalizing marijuana with Jesse Ventura and Dr. Kevin Sabet, president of Smart Approaches to Marijuana.
On Nov. 16, 2016, Marijuana Investor Summit will talk at the Palms Casino Resort in Las Vegas, Nevada, on how investing in medical marijuana research could help tackle the opioid crisis among the nation.
With more than 50 years of academic research and development, Israel leads the way in the science and medicine of cannabis. On Nov. 15, 2016, The World of Cannabis is bringing Israel to the Palms Casino Resort in Las Vegas, Nevada, to explore how the country is poised to break medical and scientific barriers in an exciting frontier market.
With recreational marijuana on several state ballots next week and polls showing strong support for its passage, California represents the largest market in North America and it has the most potential to be the driving force for other states to follow suit.
Could cannabis be effectively treating PTSD? On Nov. 16, 2016, Marijuana Investor Summit is bringing Dr. Sue Sisley to the Palms Casino Resort in Las Vegas, Nevada, to discuss her study on the use of medical cannabis in treating PTSD.
It seems everyone knows about the memo that created the opportunity for Indian Nations to participate in the legal cannabis industry, but how does this co-exist with other state and federal laws?
With the country’s legal marijuana marketplace poised to electrify the economy, “The World of Cannabis” is bringing Canada to the Palms Casino Resort on Nov. 15, 2016, in Las Vegas, Nevada.
With Jamaica and Puerto Rico making moves in the legal market, “The World of Cannabis” will welcome the Caribbean to the Palms Casino Resort on Nov. 15, 2016, in Las Vegas, Nevada.
Former Overstock president, Stormy Simon to be the keynote speaker at “The World of Cannabis.”
On Nov. 15, 2016, Marijuana Investor Summit is bringing “The World of Cannabis” to the Palms Casino Resort in Las Vegas, Nevada, to show eager entrepreneurs and investors how to navigate the complexity of international cannabis laws and the opportunities they present.
The legal cannabis industry is both global and local. On the one hand it must cope with obstacles and risks that are specific to a given municipality or even neighborhood. On the other it gets to participate in a worldwide phenomenon with constant opportunities defined by physiology and economics.
Sponsored Content Provided By The Capsule Consulting Group As medical cannabis becomes available across the country, more and more people are recognizing its versatility and effectiveness. Medical cannabis has been shown to reduce anxiety, alleviate pain and inflammation caused by arthritis, and possibly prevent cancer from spreading. Unfortunately, arthritis and cancer aren’t just part…
As business owners, managing risk is something we are all aware of, but it’s often pushed to the side, especially with new businesses, in the battle for cash flow and stability. We tell ourselves that we will work on risk once we are making money.
From industry members in the trenches to suits in corner offices, here are five events that show cannabis cleans up well, signaling the professionalization of the industry.
With cannabis poised to be America’s largest cash crop, cannabis cultivators can protect their investment by replacing questionable pesticides with non-toxic and natural pesticides.
The cannabis industry is growing in every respect and events are no exception. From small regional meetings to full-scale 3-day expos across the United States, an industry enthusiast could spend 85% of the year going to events. But which ones are worth it?
Evoxe Laboratories, a relatively new player in the cannabis market, is making quite an impact with its innovative line of vaporizer pens.
For years, cannabis use has been the worst kept secret in athletics. It’s widespread in just about every amateur and professional arena from universities to the Olympics to the major leagues.
Business owners were hit with a surprise in 2015 when Lloyd’s of London—one of the largest insurers in the cannabis industry—announced it was backing away from the business. It cited regulatory uncertainty and the high risk nature of the business.
While it may seem like we’ve won the war, opponents of reform have begun implementing an insidious tactic to stymie legalization: delay.
Why do cultivators of state-legal cannabis test their product? The question may sound naïve but, as we’ll see, it is worth asking.
Readers of MJINews can use the code MJIC100 to receive $100 off of the purchase price for the 4th edition of The State of Legal Marijuana Markets.
Now that 23 states have legalized cannabis for medical use and more appear likely to do so in 2016, the conflict between federal and state laws has become especially glaring. Would it not make sense, as advocates have been arguing for years, to either re-schedule or de-schedule cannabis?
As more and more states more toward legalizing medical marijuana, cannabis is becoming a respected option to treat pain, inflammation and other maladies. Despite this growing acceptance, traditional delivery systems such as smoking and consuming edibles may not fit the needs of all consumers interested in the benefits of medical marijuana.
On March 3, 2016, Ethan Nadelmann, Director of the Drug Policy Alliance, and David Evans, Executive Director of the Drug Free Schools Coalition, went head to head in The Great Marijuana Debate, co-sponsored by MJIC Media and ProCon.org, at the California Cannabis Business Expo in San Francisco.
As cannabis becomes increasingly welcomed in the United States, an exciting variety of companies are continuing to enter the space.