At the California Cannabis Business Expo on March 8, 2017, entrepreneurs and investors interested in the science and technology of medical cannabis were given a crash course in the future of cannabis, and cannabidiol, as an alternative to pharmaceuticals by Hemp Business Journal founder Sean Murphy.
in January 2018 two distinct California state laws will come into effect, the Medical Marijuana Regulation and Safety Act and the Adult Use Marijuana Act, the mandating act for a new adult-recreational industry. So the question is: what hoops is an entrepreneur going to have to jump through to avail himself of this double opportunity?
Stephen Goldner, Senior Forensic Toxicologist at Quantum 9, learned early on how to work with the FDA, having developed the FDA-approved liquid dose form of methadone with his mentor John Broich. Hear Goldner discuss what role the FDA would likely play in life after medical cannabis legalization.
Gummies and mints are turning out to be marijuana hits at recreational dispensaries. “From the beginning, cannabis consumers embraced our gummies as well as our approach to crafting edibles,” said Americanna CEO and founder Dan Anglin.
Say goodbye to post-cannabis munchies with this chewing gum. Munchies B Gone helps cannabis users regulate their marijuana-induced hunger by reducing cravings.
Dano Keys of FlexMOD Solutions provides insight to the company’s sophisticated manufacturing system for cannabis production.
These people quit their day jobs to capitalize on the growing marijuana industry by building their own cannabis related business
The company announced Tuesday positive top-line results from a mid-stage placebo-controlled study of a proprietary combination of tetrahydrocannabinol, or THC, and cannabidiol, or CBD, for treating glioblastoma multiforme, or GBM.
The cannabis industry seems unstoppably ascendant at the moment. Medicinal marijuana is now legal in 28 states plus D.C., while recreational marijuana is legal in nine states plus D.C., which opens the doors for a lot of new business opportunities.
Drayah Sallis and Michelle Lilly-Hester of Healthway Education Systems talk patient and physician relationships at the World of Cannabis Summit.
Cannabis and ecommerce would complement one another like seed and soil, if only federal law would allow it.
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.
“Obtaining our license to sell cannabis oils is another major milestone for Aurora, said Terry Booth, chief executive.
Right now, California’s marijuana industry for all intents and purposes is a cash-only business.
On Jan. 9, 2017, MedMen, a turnkey marijuana management company based in California, acquired Bloomfield Industries, one of New York’s five organizations licensed to grow and distribute medical 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.
Can a taxpayer who sells medical marijuana which is subject to the IRC §280E disallowance rules also be engaged in another business not subject to IRC §280E?
On Dec. 15, 2016, the Arctic Herbery opened its doors to recreational cannabis customers in Anchorage, Alaska.
On Dec. 9, 2016, the Natalie M. LaPrade Maryland Medical Cannabis Commission named the 102 recipients of Stage One dispensary license pre-approvals, concluding the state’s application process for growers, processors and dispensaries.
On Dec. 9, 2016, the journal Cannabis and Cannabinoid Research announced the results of a recent study of dispensary staff, with only 55% of dispensary staff reporting that they had received formal training to dispense cannabis to consumers.
On Dec. 8, 2016, Assistant Professor Paul Seaborn of University of Denver’s Daniels College of Business released the Colorado Marijuana Market Report, an analysis of the Colorado Marijuana Enforcement Division’s raw license data that found Colorado had a record-high of 2,913 active marijuana business licenses as of Dec. 1.
According to a recent report from Cowen and Company, the legalization of cannabis is starting to affect beer volumes in Colorado, Oregon and Washington.
In Anchorage, Alaska, the Alaska Department of Revenue’s Tax Division has started to receive its first batch of cash tax payments on legal cannabis sales and transfers.
On Nov. 23, 2016, OrganiGram Holdings Inc. (TSXV:OGI), a licensed producer of medical marijuana in Canada, announced that the company had been chosen by Trailer Park Boys, a Nova Scotia-based Netflix original series, as its exclusive marijuana producer, business partner and brand developer.
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.
The Humboldt Institute for Interdisciplinary Marijuana Research, based at Humboldt State University, has launched the HIIMR Medical Cannabis Business Registry to capture data on California’s marijuana industry.
Like all companies that sell marijuana products, Washington state-based Interra Oils must comply with a myriad number of packaging and labeling rules before it can make a sale.
Last month, the U.S. Court of Appeals for the Ninth Circuit in San Francisco issued an opinion in United States v. McIntosh that essentially eviscerates the power of the federal government to prosecute cannabis businesses that strictly comply with state medical marijuana laws.
Scotts Miracle-Gro built a multi-billion dollar business by being a market leader across several categories of the lawn-and-garden industry. The problem? Those categories weren’t growing all that fast.
A group of professionals from Maine’s business community have come together to call for better regulation of the state’s marijuana industry.
Neil Yorio, formerly a researcher at NASA, has taken his expertise preparing for space flight and applied it the craft of growing cannabis and other plants. Yorio. who used to work in NASA’s Bio Regenerative Life Support Systems program, is now the vice president of LED agricultural lighting at BIOS, a company that custom engineers LED lights for both human and plant use.
The state approved its first licenses for commercial cannabis businesses Thursday, a major step for prospective retailers hoping to open shop before year’s end. Officially, the state’s first shop to be approved was Fairbanks’ Frozen Budz.
The Wild West of weed is on fire with entrepreneurial opportunities. Potpreneurs across America are legally growing, curing and cooking the skunky stuff in record numbers. As those who cultivate and sell the plant grow, so do the offshoot businesses sprouting up around them.
Those who dare, win — or so the saying goes. Or, in other words, taking big risks can yield big rewards. That’s what makes the world of venture capital so exciting, or, for the rest of us, a trip to the roulette table.
Chris Gromek, founder of Marijuanomics, was an active-duty United States Army artillery officer, commissioned from Tulane University in New Orleans. During his last year of service, he created the cannabis stock website Pot Stocks and sold it to Marijuana Investment Company (MJIC).
ST. PAUL, Minn. — Minnesota’s two licensed medical marijuana manufacturers each posted millions of dollars in losses in their first full year of operations, according to financial documents obtained by The Associated Press.
On Aug. 15, 2016, Tweed Inc., a wholly owned subsidiary of Canopy Growth Corporation (TSXV:CGC), is hosting the Front Yard Shindig, a free concert with multiple artists scheduled to perform on Tweed’s front yard in Smith Falls, Ontario.
The who’s who of Colorado’s marijuana industry gathered Saturday night for the unveiling of Willie’s Reserve, Willie Nelson’s cannabis company.
Few niche networks ever really made it big time. I can say that because if you just asked yourself to name a few vertically-focused networks, you’d probably scratch your head and come up empty.
A Seattle-based company specializing in packaged marijuana products distinguishes with a unique packaging design.
Even as the legalization of marijuana loses its shock value in some states, women still lag men in buying marijuana.
On July 21, 2016, Willie Nelson announced that Willie’s Reserve, the country singer’s premium cannabis brand, is making its debut at select stores in the state of Washington this month, with Colorado following in August.
When legal pot shops first opened up in America, there wasn’t a ton of thought given to retail design and aesthetics.
Somewhere in the coniferous forests of British Columbia, there’s a compound covered in Bob Marley posters, tiki masks, and more concentrated weed paraphernalia and idolatry than any other place in the world.
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.
The letter from a top Oregon regulator delivered good news: Tisha Siler had won approval of her application for a medical marijuana dispensary license.
So which products are most popular? And will Edibles or drinks ever become the primary way users get high?
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.
An effective executive summary gives a brief, high-level overview of your business, the financing that you are seeking, and it should pique the interest of decision makers.
Neighborhood push-back against a northeast Denver marijuana grow operation culminated Thursday in the city’s first-ever denial of a routine cultivation license renewal.