Marijuana Business News

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Wed
01
Apr

April 1 Alert: Tweed R&D Discovers Exciting Genetic Mutation

SMITHS FALLS, ON  - The Research and Development team at Tweed Inc. (Tweed) (TSX.V: TWD) have been busy in the lab analyzing an exciting new discovery in the cannabis plants from the latest harvest. When growing marijuana, the environment and the inputs can apparently become a part of the outputs in ways that have never been observed before. The lab results show that the medical marijuana plants have melded with leftover chocolate residue and spontaneously formed a new cannabis terpene, the aromatic compounds that give plants distinct aromas.

"We dubbed it A1-Chocolatene, because of the teardrop shape and the pleasant chocolaty smell it gives off," said Katya Boudko, Tweed's Head of R&D.

Wed
01
Apr

Inside A Cannabis Chocolate Factory: Production Lines Are Going Seven Days A Week

In a squat pale generic-looking building away from a main road in the industrial neighborhood of Seattle, a man picks up small bits of crystalized cannabis oil with a pair of tweezers, weighs them and places them into clear round containers the width of a quarter. He looks over at the little pile of the crystalized “shatter” he’s working with – it’s worth about $20,000.

Wed
01
Apr

Motley Fool to lead IPO of JetFlyHigh on ASX

SYDNEY: In exciting news for The Motley Fool, the company is today announcing that it will be lead advisor for the IPO of JetFlyHigh (ASX: IFLY) as the Fool’s first foray into a brave new investing world.

JetFlyHigh is the culmination of a long-held dream — combining recreational cannabis use and personal flying machines — and comes hot on the heels of two recent IPOs — Australia’s first listing of a medical marijuana company and the ASX debut of a personal jetpack business.

Speaking to the media just before the the IPO’s launch, JetFlyHigh’s CEO, Mary Jane Sinsemilla, said the market seemed ready for this float and that she had high hopes for the listing.

Wed
01
Apr

The 7 Most Extravagant Marijuana Dispensaries

About 10 years ago we would have never seen any places like this. Now that the marijuana boom is underway, and its legalization is inevitable, we will start to see more and more impressive structures and businesses within the industry – starting with the focal point of the whole marijuana movement – Dispensaries.
 
Below are 7 of the most extravagant dispensaries as pointed out by Yahoo.com
 
Wed
01
Apr

Arizona Marijuana group executive says he will target rival group

Story Highlights

  • The director of a group behind an initiative to legalize pot in Arizona threatened to target a marijuana dispensary medical director who joined a competing legalization effort.
  • The influential Washington, D.C.-based Marijuana Policy Project and the newly created Arizonans for Responsible Legalization have both said they will pursue initiatives in 2016.
  • The documents shed light on conflicting philosophies behind the proposed ballot measures.

The director of a group behind an initiative to legalize pot in Arizona threatened to target the business affairs of a marijuana dispensary medical director who joined a competing legalization effort, documents obtained by The Arizona Republic show.

Wed
01
Apr

Bud Genius Announces LOI to Acquire Evergreen Licensing – an Exclusive Licensor of Tommy Chong Products

Company controls licensing rights in the nation’s largest cannabis market, with $1.3 billion in yearly sales

LOS ANGELES--(BUSINESS WIRE)--

 

Wed
01
Apr

Florida Plan to Expedite Medical Marijuana Hits Racial Hurdle

TALLAHASSEE — A bill attempting to get the implementation of the state's Charlotte's Web marijuana law back on track has created a new dilemma for its sponsor: how to make it equitable for black farmers.

Under the existing law, only farms that have been in continuous existence for 30 years and grow 400,000 or more plants are eligible to bid for one of five licenses to cultivate and distribute the noneuphoric strain of cannabis for patients with epilepsy, cancer and chronic muscle spasms.

Wed
01
Apr

The Market Price of Marijuana. Is it in the Bag?

In the future, Amercanex (American Cannabis Exchange), the first electronic marketplace for producers, wholesalers, and authorized retailers of cannabis, will ask the NYSE Exchange to allow it to start trading futures and options. The Amercanex executives are enthusiastic about the idea, when that happens, the price of marijuana will be as fixed in the stock market as soybeans in Chicago.

Their managers now roam the South America looking for brokers to allow them to develop the company Amercanex Latam with versions in each country. For this purpose, they recently visited the Congress of Economy Finance and Investment held in the city of Cordoba Argentina. The idea of ​​landing in the capital market seems to take flight ahead of its executives.

 

Wed
01
Apr

Toledo marijuana site owner selected

A Cincinnati developer will be the primary owner of the Toledo marijuana-growing facility if Ohio voters approve a proposed marijuana legalization amendment, the campaign announced today.

David Bastos, a partner with Capital Investment Group Inc., is the lead investor in the firm that will own 6070 Hagman Rd. in North Toledo.

The 28.5-acre site, now a corn field with a house, will be one of 10 marijuana “grows” allowed in the state under an amendment to the Ohio Constitution, if voters approve in the Nov. 3 election. All 10 locations, which will grow marijuana and sell it to manufacturers, medical dispensaries, and marijuana retailers, are already identified, by parcel number, in the proposed amendment.

Wed
01
Apr

Company says marijuana may have lasting impact on Kansas employers

 

 

 

 

WICHITA, Kan. -- Between the issue or marijuana reform in Wichita and legalization lawsuits in Colorado, marijuana is taking the spotlight in the Midwest. However, one company says the drug may have a big impact in Wichita.

Edward Young, with the National Screening Bureau, says the use of pot may have a lasting effect on safety and health of workers.
According to Young, studies show that those who do use drugs are five times more likely to file a workers' compensation claim. They're also more likely to steal.

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