Tag Archives: Forbes

Vermont Will Legalize Marijuana Within Weeks, Officials Indicate

Vermont Will Legalize Marijuana Within Weeks, Officials Indicate

Vermont Will Legalize Marijuana Within Weeks, Officials Indicate

Vermont appears poised to become the next state to legalize marijuana. And, according to top elected officials, it is likely to do so within a matter of weeks.

Montel Williams Files Lawsuit To Shut Down Fraudulent Medical Cannabis Scams

MIAMI, Oct. 30, 2017 /Weed Wire/ — Montel Williams and Montel Williams Enterprises, Inc. have filed suit in Federal Court in Miami against several corporate entities including three based in Arizona along with Timothy Isaac, an Arizona resident and member of the three named Arizona entities, relating to claims of fraudulent online medical cannabis scams that are deceiving consumers.

Hemp Goes High Fashion With Bad Decision Adventure Club

Hemp Goes High Fashion With Bad Decision Adventure Club

When you think of hemp clothing, you usually conjure up images of hippie dippy tie-dye clothes. Scratchy and made of dull colors available at rock festivals or retailers that favor green causes. Now hemp is going high fashion with emerging apparel brand Bad Decision Adventure Club (BDAC).

5 Things for New Investors to Know Before Investing in Marijuana Stocks

5 Things for New Investors to Know Before Investing in Marijuana Stocks

The cannabis industry’s excitement is building as the California takes steps towards establishing its legal recreational market. This week Los Angeles voters approved Measure M to create regulations for adult-use marijuana, thus setting up the city to steal the title of marijuana capital from Denver.

Why Trump Could Be Good For The Cannabis Industry

Why Trump Could Be Good For The Cannabis Industry

“The Trump effect is good news for the cannabis industry,” said lawyer Lawrence Horwitz at the California Cannabis Business Expo in San Diego on Monday. That comment shocked many attendees who fear that the Trump administration is going to crack down on recreational marijuana.

Texas Misses Out on Millions Due to Delays in Implementing Medical Marijuana Act

Texas Misses Out on Millions Due to Delayed Start of Medical Marijuana Act

Delays in implementing Texas’s medical marijuana law could be keeping the state from millions in tax revenues, according to Forbes. The Texas Compassionate Use Act became law on June 1, 2015, but it required doctors to write prescriptions for medical marijuana. Two problems stem from that requirement.

Houston-Area District Attorney Reduces Penalty For Marijuana Possession

Houston-Area District Attorney Reduces Penalty For Marijuana Possession

If law enforcement officers in Harris County, Texas, find someone in possession of less than four ounces of marijuana, the officers will take the marijuana and require the possessor to sign a contract to attend a drug-education class. Kim Ogg, the District Attorney of Harris County, Texas, has decided as of March 1, 2017, she will no longer prosecute most marijuana cases.

Marijuana Prices Fell in 2016 as Growers Saturated The Market

Marijuana Prices Fell in 2016 as Growers Saturated The Market

Now that marijuana is legal in several states, prices are falling, and that is changing the marketplace, according to Forbes.com. “Wholesale marijuana prices declined in 2016 from $2,500 to $1,000 per pound, with some dispensaries offering recreational ounces as low as $65 on CannaSaver.com,” Brian Shapiro, Chief Executive Officer of CannaSaver, said.

As Sessions Hearings Begin, Rumors About Shuttering Dispensaries Circulate

As Sessions Hearings Begin, Rumors About Shuttering Dispensaries Circulate

As U.S. Senate hearings began on Jan. 10, 2017, for Sen. Jeff Sessions, President-elect Donald Trump’s anti-marijuana nominee for Attorney General, rumors about the Drug Enforcement Agency shutting down dispensaries were already circulating.

North American Cannabis Industry Raised $1 Billion in 2016

North American Cannabis Industry Raised $1 Billion in 2016

Viridian Capital Advisors recently reported the global cannabis industry has raised more than $1 billion in 2016, according to Forbes. Most of the $1 billion-plus in capital investments was raised in the United States and Canada, with other countries contributing small amounts, Scott Greiper of Viridian said.

Luxury Marijuana Market Emerging For High-End Cannabis Consumers

Luxury Marijuana Market Emerging For High-End Cannabis Consumers

An emerging luxury marijuana market is offering cannabis products to high-end consumers, according to Forbes. Despite stereotypes of marijuana users, a study of 800 cannabis consumers by Miner & Co. revealed 84 percent have full-time jobs and 65 percent have annual household incomes of $75,000 or more.

SeeThruEquity RSHO Raúl Elizalde

Forbes Features Medical Marijuana, Inc. in Article Citing Company’s Sales Data After Starting CBD Market ‘That Could Grow 700% by 2020’

SAN DIEGO, Dec. 14, 2016 /Weed Wire/ — Medical Marijuana, Inc. (OTC PINK: MJNA), the first-ever publicly traded cannabis company in the United States, today announced that the Company, its products and investments were featured in a Forbes article focused on the current cannabidiol (CBD) market size and anticipated massive growth.

Cannabis Company Files to List on the New York Stock Exchange

Cannabis Company Files to List on the New York Stock Exchange

New Cannabis Ventures broke the news Monday evening. It will be the first publicly-traded cannabis-related Real Estate Investor Trust or REIT and, if approved, would be the first cannabis company to be traded at the venerable NYSE.

Brendan Hill

Musician Brendan Hill Creates a Unique Way To Sell Recreational Pot

Brendan Hill, drummer for Blues Traveler, has created a unique way to sell recreational marijuana in Bainbridge Island, Wash., according to an Aug. 24, 2016, article at Forbes.com. A little more than a year ago, Hill opened Paper & Leaf, tagged as “Bainbridge Island’s first and ONLY premier recreational cannabis boutique.”

SEC Charges 'King Of Pot' With Investment Fraud

SEC Charges ‘King Of Pot’ With Investment Fraud

Federal securities regulators have filed a complaint against Bruce Perlowin that charges the CEO of publicly-traded Hemp Inc of committing a long-running fraud by evading securities registration provisions and selling hundreds of millions of unregistered shares.

Harborside Health Center and U.S. attorney Oakland and Sean Parker

Court is in Session – Harborside vs. the IRS

OAKLAND, Calif., /Weed Wire/ — Court is in session today June 6, through Friday June 10, leaders from Harborside Health Center are once again challenging the federal government, this time in Tax Court at the Federal Building, 450 Golden Gate Avenue in San Francisco, from 10am to 5pm.

youth

Youth Attitudes Not Affected by Legalization of Medical Marijuana

A new study suggests youth attitudes are not directly affected by legalization of medical marijuana. The study, published in the American Journal of Public Health, said young people who live in states where medical marijuana has been legalized probably already had liberal views about the drug.

Viridian Capital Advisors Report TheStreet Index and Northsight Capital and MSN and Conde Nast and Virtual Conference

Viridian Capital Advisors to Present On Live Webinar Hosted by the MoneyShow

NEW YORK, N.Y., Oct. 29, 2015 /Weed Wire/ — Viridian Capital Advisors, a New York City-based firm that is a financial and strategic advisory platform dedicated to the Cannabis sector, will be speaking on a live webinar entitled, “Investing in the Cannabis Market While Managing Risk.”

publicly traded

Meet The 8 Hottest Publicly Traded Marijuana Companies

With pot now legal in two states for the past year,and decriminalized, conditionally legal, or medically prescribed in many more, ganja startups are gaining traction — and the growth potential is huge, if other states legalize.


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