Marijuana Business News

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business
Sat
04
Apr

Colorado expo offers hemp products, but no seeds or plants allowed

More than 70 vendors will sell hemp-based products in Loveland on Saturday, while dozens of speakers discuss the benefits of the crop on a local, national and global scale.

There will be live artists sketching on hemp paper and stations where kids can make jewelry from hemp materials. But don't expect to find viable hemp seeds or plants for sale.

Fri
03
Apr

After 3 years of closures, CU-Boulder to keep campus open on 4/20

The University of Colorado will keep the Boulder campus open to the public on 4/20 this year for the first time since officials in 2012 ramped up efforts to snuff the once-massive marijuana smokeout.

In a letter posted to CU's website, Chancellor Phil DiStefano said he felt that a lack of activity on 4/20 in the past three years prompted the decision to keep the campus open this April 20, which falls on a Monday.

"I told you last year that I hoped campus closures would not be necessary in the near-future and that we could go about our daily business on April 20 as we would any other day," DiStefano wrote. "That time has come."

Fri
03
Apr

Sixteen benefits from the ‚ÄėWar on Drugs‚Äô

It is widely assumed that the so called ‚Äėwar on drugs‚Äô (the war between drugs), has been a disastrous¬†failure, and faced with mounting evidence and¬†criticism, governments would eventually seek legislative and policy¬†change. The evidence presented is¬†largely based upon an analysis of the inability¬†of drug prohibition to reduce the¬†supply and demand for banned substances, supplemented by¬†a critique outlining¬†the widespread harms caused by¬†prohibition.

Fri
03
Apr

Inside the Cannabis New-Money Dating Game

As one of the fastest growing sectors in America, legal cannabis and its ancillary markets are attracting investors eager to take part in the ‚Äúgreen rush,‚ÄĚ and¬†opportunities for partnerships¬† abound.

‚Äú2014 was the year where the cannabis industry went from being an interesting cocktail conversation to something any serious business person has given a fleeting thought,‚ÄĚ said Troy Dayton, cofounder of¬†The ArcView Group.

Fri
03
Apr

There’s Now a Toronto Yoga Class that Starts with Smoking Weed

There’s a yoga class in Toronto that comes with an added perk: smoking weed.

No, it’s not a late April Fool’s Day joke.

At¬†Ganja Yoga¬†‚Äď located in High Times caf√© in Kensington Market ‚Äď each class begins with a few tokes of marijuana via a vaporizer, which is passed around a circle.

The desired result is heightened relaxation, spiritual growth, and focus.

Often, a musician will play a guitar, adding to the chilled out vibe.

Health-conscious stoners will appreciate the use of the vaporizer as opposed to a pipe or rolled joints, which heats the hemp to create THC rather than burning it. It‚Äôs basically the ‚Äúhealthy‚ÄĚ way to get high.

Fri
03
Apr

Airbnb Meets Cannabis in Bud and Breakfast

The latest innovation in cannabis tourism and travel is carving out a niche among vacation and travel accommodation rental websites by offering access to cannabis-friendly lodging worldwide.

Recently launched Boulder, Colo.-based Bud and Breakfast  is being heralded as the Airbnb for marijuana consumers in startup watch lists.

Thu
02
Apr

Startup Offers Cashless Sales System for Legal Weed

A Chicago-based startup said it has developed a system that will allow legal cannabis retailers to sell their products without taking cash or making a standard debit card or credit card transaction.

According to Bill Drevant, president of VertePay.com, the company has partnered with an established Illinois software firm called Bestinc that writes software platforms for check cashing and has been open since 1982. The firm modified the software to create an essentially closed loop system that will allow a cannabis customer to purchase cannabis without having to use cash or make a transaction with a bank card.

Thu
02
Apr

Uncle Sam's Expanded Marijuana Menu

Just as the fear of privatization spurred Pennsylvania's state-run liquor monopoly to act more like a profit-oriented business, talk of allowing competition with Uncle Sam's marijuana monopoly seems to have encouraged a more customer-oriented attitude at the National Institute on Drug Abuse, which is currently the country's only legal source of cannabis for research. NIDA's recently revised online menu of marijuana available to qualifying researchers suggests the agency is aiming to please in new ways. "NIDA appears to finally be loosening longtime restrictions on cannabis research," says Allen St.

Thu
02
Apr

Weed Merchants Are Taking Over an Australian Mining Company

The reverse takeover provides the U.S. and Canadian companies with an entry to the Australian equity market.

Thu
02
Apr

Medical marijuana dispensary upsets Vancouver condo neighbours

The plan to open a new medical marijuana dispensary at a downtown Vancouver condo complex has riled up some residents of 1675 Hornby Street. 

Maxine Clough, one of the residents at the condo near Hornby St. and Beach Ave., said that while she and her neighbours have no problem with medical marijuana, their building is simply the wrong location. She has started a petition to stop the store from opening and has collected roughly 140 signatures so far.

"We have the Montessori school just down the bike path. We have another pre-school on Burrard Street, where the children go by here all the time," she says. "We just don't think this is the right atmosphere [for a medical marijuana store]."

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