Investors in medical cannabis projects are focusing on Greece, where a warm, sunny climate and potentially favorable future legislation could help the government deliver on a promise to pull the country out of a seven-year economic crisis.
Tag Archives: Growers
Buying weed in California is about to get less risky and much more expensive. A patchwork of new policies, including special taxes, will roll out in the state before sales of recreational marijuana begin at the start of 2018.
Buying legal marijuana in California could be pricey enough to keep the black market healthy. Between customers, retailers and growers, taxes on cannabis may reach as high as 45% in parts of the state, according to a Fitch Ratings report.
Marijuana in Hawaii has a that dates back to 1842, when it was first featured in the island newspaper Ka Nonanona. The newspaper referred to the drug as “pakalolo”, which is the Hawaiian word for “numbing tobacco”. Advertisements for medical marijuana continued to appear in the newspaper until the state coordinated a program to destroy “pakalolo”, because Hawaii received more money from the federal government than any other state to seize all marijuana.
Marijuana could get more expensive after a series of massive fires in Northern California wiped out as much as a year’s supply for some industry growers.
HARRISBURG, Penn., Sept. 25, 2017 /Weed Wire/ — Acting Health Secretary and Physician General Dr. Rachel Levine today encouraged patients and their caregivers to provide comments on the proposed regulations for their participation in the Pennsylvania Medical Marijuana Program.
Northern California counties are on the front lines of cannabis regulation. In this video, County Supervisors from in and around the area share their best advice on how to move forward in regulating this newly legal industry. Cannabis growers also weigh in on the importance of collaboration and working with local government to craft an ordinance that works for everyone.
The first legal recreational marijuana stores in Massachusetts could open in July 2018. But don’t count on being able to buy marijuana.
Maryland’s beleaguered medical marijuana industry faces a critical deadline Monday, when companies the state has selected to grow the plant are required to be operational.
There’s a harsh downside to the boom in marijuana legalization and use on the West Coast: Illegal marijuana growers are polluting the environment to an alarming degree and threatening the health of people and rare wildlife in the process.
PHOENIX, Ariz., Aug. 1, 2017 /Weed Wire/ — It’s finally here, the ultimate guide to the cannabis universe. It’s taking the online cannabis industry to a new high. Herban Planet is the most complete cannabis guide available today for all things in the industry. From dispensaries, growers and business services, to green doctors, education, delivery services and more, there is no parallel.
With excitement bubbling over the growth potential in the marijuana stock market, investors are keen on which pot stocks are the best to ride that wave of hype into comfortable returns.
Companies in the final running for licenses to grow medical marijuana should be able to defend their multimillion-dollar investments against a legal challenge over how those finalists were picked, an attorney argued Thursday in court.
An Illinois hemp bill in the General Assembly that would allow hemp to be grown legally in the state could mark a major shift for medical marijuana growers if approved.
The laid-back days when marijuana growers could spray crops with chemicals without fear of consequences are just about over as California prepares to deploy a strict new testing regimen, but the proposed regulations have sparked debate over claims they’ll force many pot merchants out of business.
Canadian marijuana players have been rushing to invest and take strategic positions in the new Germany medical cannabis market since late 2016, and this trend is set to continue going forward.
On Tuesday, June 20, 2017, Pennsylvania’s Department of Health is to announce which companies are the first to receive medical marijuana permits.
According to a press release from Health Canada in late May, big changes are coming to the country’s medical cannabis program.
The landscape has changed since Gov. John Kasich signed Ohio’s medical marijuana bill one year ago today. But much remains the same.
The Arkansas Medical Marijuana Commission has finalized the process for accepting applications for medical marijuana sellers and growers.
Investors envision Adelanto bustling with marijuana-related businesses. As Mayor Richard Kerr says, the city will be the “Silicon Valley of medical marijuana.”
Cannabis wholesale prices are slowly climbing higher after a precipitous fall over the past year. So far, 2017’s first quarter average has risen to $1,613.
PORTLAND, Ore., April 28,2017 /Weed Wire/ – The Oregon Liquor Control Commission today approved rules allowing growers licensed in Oregon’s Recreational Marijuana Program to grow marijuana specifically for Oregon Medical Marijuana Program (OMMP) cardholders.
On April 27, 2017, the Pennsylvania Department of Health provided an update on its medical marijuana program, announcing that it has currently received over 500 medical marijuana applications from prospective growers, processors and dispensaries.
On April 20, 2017, Pennsylvania’s Department of Health reported that it has chosen a cannabis tracking vendor to track medical cannabis from seed-to-sale.
HARRISBURG, Penn., April 20, 2017 /Weed Wire/ – Today, Secretary of Health Karen Murphy announced that the Department of Health has selected MJ Freeway to implement the seed-to-sale electronic tracking system for Pennsylvania’s Medical Marijuana Program.
These 3 marijuana stocks make for some of the best investments in the cannabis industry for risk-averse investors.
According to a recently released report from the Alaska Department of Revenue, the state banked $128,000 in marijuana tax revenue for the month of February, marking a slight increase from the $107,500 collected in January.
HARRISBURG, Penn., March 31, 2017 /Weed Wire/ – Secretary of Health Dr. Karen Murphy today encouraged health care providers to participate in an online survey as the agency moves forward in the implementation of the Pennsylvania Medical Marijuana Program.
In this World of Cannabis Interview, watch Caroline Cahill, Managing Editor of MJINews.com and Marijuana Industry News magazine, interview Walter Paulsen, CEO of Alula Hydronutrients.
The leader of the nation’s largest sheriff’s department says he expects federal drug agents will attempt to step up marijuana enforcement as California moves forward with legalization. But Los Angeles County Sheriff Jim McDonnell said he believes there isn’t the manpower to conduct widespread raids on growers and businesses selling marijuana.
California state Sen. Mike McGuire doesn’t think that his state will be ready to collect taxes from recreational marijuana cultivators by the start of next year.
WARWICK, R.I., Feb. 15, 2017 /Weed Wire/ — LED innovation powerhouse Lighting Science today announced the addition of an LED T8 grow lamp to their industry-leading VividGro product line.
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.
On Jan. 17, 2017, the Pennsylvania Medical Marijuana Program announced the release of applications for state cultivator, processor and dispensary permits.
As more states move to legalize pot, Humboldt County, California, an epicenter of the underground marijuana industry, has begun a new, bold experiment to bring growers out of the shadows and regulate the growth, sale and environmental impact of cannabis.
In the last few months, the medical marijuana growers have dominated the trading activity on the TSX Venture in terms of dollar volume almost exclusively, belying a persistent interest from investors in Canada and the United States.
Medical marijuana caregivers are facing a new limit in the number of plants they’ll be able to grow in 2017.
On Dec. 21, 2016, Pennsylvania Sec. of Health Dr. Karen Murphy announced during a briefing that license applications for medical marijuana cultivators and processors will be made available on Jan. 17, 2017, with the application window running from Feb. 20 until March 20, 2017.
A doctor in Tallahassee, Fla., will open the city’s first medical marijuana practice, according to a Nov. 22, 2016, article in the Tallahassee Democrat. Dr. Joseph Dorn announced his new practice following the Nov. 8, 2016, election in which Floridians approved Amendment 2, allowing medical marijuana in the state.
Some California marijuana growers are opposing Proposition 64, the November 2016 ballot measure that if approved by voters would legalize recreational pot in the state. Some of the opposing growers are concerned about overburdens from regulation while others fear big-business competition, according to an Oct. 4, 2016, article at Reuters.com.
A second company has asked to join the lawsuit against the Maryland Cannabis Commission, alleging that it too was unfairly denied a lucrative license to grow medical marijuana.
On Aug. 15, 2016, the Natalie M. LaPrade Maryland Medical Cannabis Commission announced the names of the 15 growers and 15 processors who received Stage One license pre-approvals, with seven of the processors affiliated with growers who received Stage One license pre-approvals.
BALTIMORE, Aug. 15, 2016 /Weed Wire/ — The Natalie M. LaPrade Maryland Medical Cannabis Commission (“MMCC”) today announced the names of the 15 Growers and 15 Processors who have been awarded Stage One license pre-approvals. The Commission’s actions mark a giant step forward for the medical cannabis program in Maryland.
On Aug. 9, 2016, the Humboldt County Board of Supervisors unanimously decided to place a local commercial marijuana cultivation measure on the county’s ballot in November.
On Aug. 8, 2016, the Santa Cruz County Board of Supervisors launched an online registration system for existing medical cannabis cultivators in unincorporated areas of the county to register their cultivation sites.
On July 25, 2016, the Natalie M. LaPrade Maryland Medical Cannabis Commission announced that it will live stream its vote on Stage One pre-approvals for 15 growers and 15 processors on Aug. 5, with entity names initially remaining anonymous.
In early August, Maryland officials could announce their selection of the marijuana growers and processors who can seek licenses to become the first businesses in the state’s medical marijuana industry, according to a report in The Baltimore Sun. State officials had originally planned to select growers and processors in February 2016.
The government has approved a plan that will remove many of the restrictions on growing medical marijuana and make it more readily available to over 23,000 patients in Israel.
PORTLAND, Ore., June 2, 2016 /Weed Wire/ — The Oregon Liquor Control Commission (OLCC) has approved 10 Recreational Marijuana producer licenses and also has delegated authority to the OLCC’s Executive Director to issue recreational marijuana licenses.