Oklahoma lawmakers are considering regulations on the medical marijuana industry before a statewide vote in June on whether to approve its use.
Tag Archives: Business
Cannabis businesses, beware: The Hershey Co. is on the warpath. Perhaps the most famous confectionery peddler in the world has a well-documented history of actively protecting its trademarks, and the marijuana industry is no exception.
More than a month after California’s regulation of marijuana began, only a small number of the tens of thousands of cannabis growers have joined the system.
Medical marijuana may be legal in many states, but federally, it is still illegal. This means that banks run the risk of being charged with money laundering or other crimes for working with what the federal government considers an illicit activity. This creates a precarious situation where billions of dollars of state-licensed marijuana profits are handled almost exclusively in cash. What are the laws the set up this framework? What problems does this create? What is the solution?
SAN RAFAEL, Calif., Feb. 9, 2018 /Weed Wire/ – Fees for medicinal cannabis retailer business applications and licenses are going before the Marin County Board of Supervisors for consideration on February 13.
Canadian cannabis company Aphria Inc said on Thursday it was exploring strategic alternatives, including a sale, for its U.S. business, amid tightening enforcement of federal cannabis laws in the country.
Massachusetts’ legalization of recreational marijuana has created a cottage industry of companies selling the drug under the guise of giving it away for free, or pot “gifting.”
The largest U.S. auto-dealer chain has lightened up on lighting up. AutoNation Inc. no longer refuses to hire job applicants who test positive for marijuana in drug screenings.
Canadian marijuana producer Aurora Cannabis Inc (ACB.TO) is in talks with rivals CanniMed Therapeutics Inc (CMED.TO) and Newstrike Resources Ltd (HIP.V) to buy both businesses in a friendly deal that would create the nation’s top weed company, people familiar with the matter told Reuters on Friday.
Nevada marijuana growers are fearful of going out of business as the state moves forward with a set of permanent regulations that some cultivators say give dispensaries an economic advantage.
Lord Jones co-founder Cindy Capobianco describes her luxury cannabis-infused product business in much the same manner as any maker of a prestige natural skincare brand.
When the U.S. Justice Department said last week it was reversing policy on the $7 billion marijuana business, it failed to first notify federal officials who advise banks in states where the drug is legal, sources in Congress said.
Alcohol companies beware: Cannabis startups are coming for your customers. Now that recreational marijuana is legal in California and seven other states, startups are vying with traditional beverage companies for the attention of consumers planning to ingest a social intoxicant.
The national movement to legalize marijuana took a big step forward this week – and a big step back. California became the largest state in the nation to permit recreational pot use, but on Thursday Attorney General Jeff Sessions rescinded Obama-era guidelines meant to limit federal prosecutions. Atlantic senior editor Derek Thompson joins “CBS This Morning: Saturday” to discuss why this situation is so confusing and what this means for business owners in the burgeoning marijuana industry.
The state Department of Consumer Protection is seeking applications to open at least three new medical marijuana dispensaries in Connecticut, bringing the total to 12 or more, the department announced Wednesday.
The Dept. of Licensing and Regulatory Affairs (LARA) released information today to inform and advise patients regarding the registration process for acquiring a registry identification card for the Michigan Medical Marihuana Program.
The legal weed business is growing even faster than most people thought it would when certain U.S. states started legalizing recreational marijuana a few years ago.
In just 21 days, recreational marijuana sales will be legal in California. Many are predicting a “Green Rush,” so here’s how to set up a legal marijuana business in the state.
Medicinal marijuana stores are finally beginning to open after Maryland legalized the substance in 2013, and a California-based company is helping make that transition smoother.
Making medical marijuana legal in Ohio will require breaking a few laws first. The state’s medical cannabis growers face a curious — and perhaps risky — predicament.
California cannabis entrepreneurs will earn $5.2B in revenue in 2018 as recreational use becomes legal there. The state of California will collect about one billion dollars in accompanying marijuana taxes.
Barely a month after being ousted as head of the cannabis social network he launched in 2013, MassRoots founder Isaac Dietrich is now being sued by his former company, which alleges he stole more than $250,000 from the business.
In this scene from WEEDIQUETTE, Krishna meets with former illicity cannabis farmer Juan Bastilla to learn about the violence that occurred in Colombia when FARC and the government were against one another.
Who can operate a marijuana business may include felons if an equity program is approved by the Sacramento City Council.
In the business of medicinal marijuana, there are strains for almost anything that ails you. So far, though, female entrepreneurs have yet to find a variety that addresses a painful side effect of the booming legal pot industry: sexism.
All Greens Dispensary on 99th Avenue and Bell Road will activate the first marijuana drive-thru window in Arizona on Friday now that it has approval from the state.
Retired NBA player Al Harrington takes us behind the doors of his cannabis extract company, then sits down with former NBA commissioner David Stern to discuss marijuana reformation for medical purposes within the league.
WASHINGTON, Oct. 23, 2017 /Weed Wire/ — Today the Washington CannaBusiness Association (WACA) applauded the selection of Evergreen Herbal, WACA member, on the Puget Sound Business Journal’s 100 Fastest-Growing Companies List in 2017.
Cheryl Shuman has run the Beverly Hills Cannabis Club for more than two decades, serving high-grade strands to A-list celebrities and throwing exclusive pot parties for the Hollywood elite. VICE met up with the self-made cannabis queen to tour her extensive weed farm, see how she runs her business, and hear how the drug helped her fight cancer.
I had a chance to interview one of the cannabis industry movers, someone who has been involved in this industry for quite some time. She has co-founded several companies, had her hands in all different kinds of areas during these start-ups and finally through all of that has found her one true passion in the cannabis world. She is an cannapreneur that radiates energy and excitement!
With weed legalization on the horizon, dozens of grey-market dispensaries remain open in Toronto. VICE offers a glimpse into the violent cannabis dispensary robberies that are creating a rift between shop owners and police.
Medical pot has been legal in Minnesota for more than two years, treating thousands of people and the panel in charge of overseeing the program will consider adding new conditions and diseases to the list.
Entrepreneurs hoping to break into Michigan’s medical marijuana business will have the chance to learn how at a series of five meetings across the state next month.
Bank of Montreal and Toronto-Dominion Bank are emerging as the banks of choice for Canada’s burgeoning marijuana industry, even as some lenders shun the sector.
Toronto-based Trellis, which provides cannabis inventory management software, has raised $2.5 million led by Casa Verde Capital.
The medical marijuana business is expected to explode next year when the state begins to hand out licenses, and rules released Thursday by the Department of Licensing and Regulatory Affairs could prove to be even more profitable for some budding marijuana entrepreneurs.
Dan Bilzerian outlines his plans for big business within the marijuana industry, including establishing the first trustworthy brand and alternative marketing tactics.
High-level staff at outdoor recreational outfitter REI have internally discussed entering the marijuana industry, but amid ongoing uncertainty on the federal level, the company is not seriously considering such a move.
Liberty Health Sciences Inc. (CSE:LHS) (OTCBB:SCQBD) (“Liberty” or the “Company”) announced today that there is no structural damage to its facility in Alachua, Florida as a result of Hurricane Irma.
The booming marijuana business has grown to new heights in states where it is legal, thanks to edible editions. But the new ways people are consuming cannabis are also raising some warning flags.
Recreational cannabis is a $6 billion industry that is projected to reach $50 billion in legal annual sales by 2026. Here’s what you need to know if you’re thinking of investing in marijuana.
Whereas most weed businesses are working harder than ever to increase their grow capacity, Cronos Group is a company that’s trying to work smarter. Based in Canada, Cronos Group is an investment firm that primarily invests in Canadian-based pot companies involved in Canada’s medical-marijuana industry.
The California City police and fire departments are preparing for the addition of dozens of medical marijuana cultivation and manufacturing businesses.
Today, investors are licking their chops over the prospect of a “green rush” when recreational retailers and weed makers are allowed to open for business Jan. 1.
Canada’s TMX Group Ltd (X.TO) is seeking guidance from the country’s securities regulators, it said on Thursday, as it weighs how to deal with marijuana companies listed in Canada with interests in the United States, where the business remains federally illegal.
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview Jordan Gerber, President of MJIC Capital.
Dallas Fallen Officer Foundation President Sergeant Demetrick Pennie on whether the legalization of Marijuana will put the lives of police officers at risk.
American Green Inc., a maker of cannabis products, is taking an unusual step to attract new customers as it capitalizes on California legalizing marijuana: It’s buying an entire town.
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview Larry Horwitz, Chief Counsel for MJIC.
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview Urban Smedeby, Managing Director of MJIC.