Marijuana Business News

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stocks
business
Sat
12
Jul

David Cameron: We call on you to legalise Cannabis.

You don't have to use cannabis to support legalisation, just like you don't have to have cancer to support a cancer charity.

Cannabis has been proven to have many health benefits and to date, not one person has ever died of an overdose of cannabis - it just isn't possible to do.

Cannabis is classified as a schedule 1 drug in the UK because it has NO medicinal benefits but 'Sativex' (Cannabis oil and alcohol) is a schedule 4 because of it's amazing medicinal benefits for those with MS - This simply doesn't make sense.

I want to see a UK where people are allowed to grow their own medicine without fear of prosecution, a UK where consuming cannabis is not seen as a criminal offence.

Sat
12
Jul

How Marijuana Farms Impact The Environment

Lt. Patrick Foy, of the California Department of Fish and Wildlife, knows more than a few ways to track down a large-scale marijuana growing operation: Air surveillance, reports from neighbors and sometimes, dead fish.

“A bunch of fish may turn up dead in a creek, so we’ll go look, walk upstream, and inevitably run into a marijuana growth site,” says Foy.

Growers in remote areas, Foy explains, often end up destroying local creeks and other water sources, or using harmful pesticides to keep their plants healthy, which damages the surrounding environment.

Fri
11
Jul

Investing in Washington State Marijuana

Why Washington State's Pot Industry Could be the Most Profitable

The dominos are starting to fall.

Just six months ago the state of Colorado became the first jurisdiction to legalize the recreational consumption of marijuana. This week it was the state of Washington’s turn to drop its pot prohibition, handing-out its first recreational marijuana retail licenses this Monday. And there are at least eight other states lined up behind them that are either considering or are already in the process of doing the same.

Thu
10
Jul

Marijuana Clubs Rise Out of Decades-Old Spanish Laws

Barcelona Journal
Video | Barcelona’s Cannabis Culture In Barcelona, government officials worry that Barcelona’s members-only cannabis clubs are becoming a magnet for marijuana tourism.
By SUZANNE DALEY
July 10, 2014
Thu
10
Jul

Marijuana Clubs Rise Out of Decades-Old Spanish Laws

Barcelona Journal
Video | Barcelona’s Cannabis Culture In Barcelona, government officials worry that Barcelona’s members-only cannabis clubs are becoming a magnet for marijuana tourism.
By SUZANNE DALEY
July 10, 2014
Thu
03
Jul

Investing in marijuana: Pipe dreams or path to profits?

Marijuana sales are spreading across the nation thanks to the growing legalization of the drug. Now a new financial firm, KindBanking, wants to be the financial backbone for the hemp and cannabis industry.

"Think of us as the GE Capital of this under-served, but potential multi-billion dollar industry," said KindBanking's founder and CEO David Dinenberg.

Tue
01
Jul

Barcelona Cannabis Clubs Under Attack

Barcelona’s cannabis clubs have been under intense scrutiny and pressure by city administrators and police during the month of June, 2014. Clubs have been raided, staff and board members arrested and imprisoned and members have been harassed and ticketed in some cases. Several clubs have been closed permanently by Spanish police. Fortunately, many cannabis clubs in Barcelona have survived this onslaught, but according to some, this will only be a temporary reprieve. Next year, if some administrators have their way, the clubs will be shuttered.

Fri
20
Jun

House Votes To Allow Banking Access For Marijuana Businesses

Signaling growing acceptance of cannabis legalization nationally, the House of Representatives voted on Wednesday to allow banks to provide traditional banking services to marijuana businesses that are legal under state law.

Sponsored by Reps. Denny Heck (D-Wash.), Dana Rohrabacher (R-Calif.), Ed Perlmutter (D-Colo.) and Barbara Lee (D-Calif.), the amendment to the Financial Services appropriations bill prevents the Treasury Department from spending funds to penalize financial institutions that provide services to state-legal marijuana businesses. The amendment passed with bipartisan support, 231 to 192.

Thu
19
Jun

Is this what would happen if cannabis was legal in Britain?

  • Peter Williams says he can make $1billion in three years growing the drug
  • Drug baron is trying to make his business into 'McDonald's of marijuana'
  • Since January 1, more than 200 dispensaries have been set up in Denver

By Tom Leonard

Published: 16:52 EST, 19 June 2014 | Updated: 03:13 EST, 20 June 2014

 

Peter Williams waves a hand regally over a sea of dazzling green that seems to stretch off into infinity. These are the marijuana plants — room after brightly lit room of them — that have suddenly made him a very rich man.

Mon
02
Jun

Anti-marijuana candidate loses in Uruguay primary

MONTEVIDEO, Uruguay (AP) — The biggest threat to Uruguay's new legal marijuana market has lost his party's presidential primary.

Sen. Jorge Larranaga had been a favorite to represent the National Party this year and strongly opposes the new law, which puts the ruling Broad Front government at the center of a regulated marijuana industry. The government's aim is to defeat organized crime by producing cheaper, better, legal weed and selling it in pharmacies to registered adults.

"We are going to overturn this law that legalized marijuana growing. Nobody plant anything! Don't plant anything because we're going to knock it down!" Larranaga had said ahead of Sunday's primary.

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