Marijuana Business News

Synonyms: 
stocks
business
Thu
27
Aug

New York: Questions linger around state's medical marijuana program

The New York State Department of Health continues to say medical marijuana will be available to patients by this coming January, but families and advocates aren't so sure.

Christine Emerson has been fighting for the medicine for her daughter Julia.

"It takes 3 months to grow and harvest the plants," Emerson said. "So that puts us really toward the end of the year, and we're not even talking about producing the medicine and having it tested."

After multiple failed attempts, the health department finally agreed to answer 2 On Your Side's questions about the program, although only by email.

WILL THE MEDICINE BE READY?

Wed
26
Aug

Illinois Registers First Medical Cannabis Dispensary

The Illinois Department of Financial and Professional Regulation (DFPR) announced today the registration of its first medical cannabis dispensary.

Harbory, located at 8195 Express Drive in Marion, IL, successfully completed the DFPR business dispensary registration process and inspection and is now licensed to operate as a medical cannabis dispensary. Under the Compassionate Use of Medical Cannabis Pilot Program Act, the State of Illinois requires medical cannabis dispensing organizations to be registered with DFPR to acquire medical cannabis from a registered cultivation center for the purpose of dispensing cannabis, paraphernalia, or related supplies and educational materials to registered qualifying patients.

Wed
26
Aug

Miners Are Trying to Strike It Rich with Food and Weed Instead of Ore

This week, the international stock markets may be giving business people and investors palpitations, but the commodities markets worldwide have been down in the dumps for a long time. So-called “junior miners”—those who explore for metals like copper, gold, and iron ore—are largely out of work. Traders and investors in commodities are looking elsewhere to make a buck, and this problem can be seen worldwide, from Canada to Australia and everywhere in between.

So what are miners and those who deal and trade in metals to do?

Wed
26
Aug

Medbox Founder & Majority Shareholder Retires 13 Million MDBX Shares for the Benefit of the Shareholders

LOS ANGELES, Aug. 26, 2015 (GLOBE NEWSWIRE) -- P. Vincent Mehdizadeh, Founder and now former majority shareholder of Medbox, Inc. (OTCQB:MDBX) announced retiring 13 million shares of MDBX, including all 2 million preferred shares in his possession, carrying 5 to 1 conversion to common shares and super voting rights, along with an additional 3 million common shares. The shares have been retired, or in effect cancelled, resulting in 13 million less shares issued and outstanding on a fully diluted basis.

Wed
26
Aug

Flourishing marijuana trade is leaving Denver short on warehouse space

Here's an amusing byproduct of the legalization of marijuana use in some American states: it's putting a strain on the nation's freight network. The Wall Street Journal reportsthat Denver, a central hub for transportation of goods across the country, is experiencing a shortage of warehouse space due to increased demand from marijuana producers.

Wed
26
Aug

The Movers, Shakers and Bakers in the Cannabis Revolution

Entrenched stoner culture often treats newcomers with a raised eyebrow.

Maybe the old guard fears mainstream change and convention, and indeed progressive brands continue to modernize the culture with fresh ideas and innovations. The traditionalists represent the foundation, but what about the other 86 percent of cannabis consumers who have a more casual relationship with the plant? These individuals might not have the same High Times savvy, yet they certainly have a place in the rapidly evolving new marketplace.

Wed
26
Aug

Five tips for growing and selling cannabis like a pro – from a university instructor

If you’ve had enough of your nine-to-five’s wearying toil, perhaps a change of vocation is in order. The Kwantlen Polytechnic University in Vancouver can recommend an intriguing alternative starting this September: selling pot.

The shady-looking fellow on the corner will tell you that you hardly need a college diploma to sell weed for a living. But Kwantlen’s new 14-week online course will sculpt aspiring dealers into professionals in a robust – and newly legal – field.

The course promises to be a rigorous survey of the landscape of marijuana production and sale, educating prospective growers in everything from irrigation to marketing.

So what exactly makes for a good professional manager of marijuana for medical purposes?

Wed
26
Aug

Nearly 6 months after legalization. questions remain about marijuana laws in DC

WASHINGTON (WUSA9) -- It's been nearly six months since marijuana officially became legal in Washington D.C., but questions still remain about laws governing the drug in the District.

It's still illegal to sell it, but individuals above the age of 21 can have up to two ounces of marijuana or six plants.

Initiative 71, which passed overwhelming in November of 2014, is a significant change, but not everyone has noticed it.

"I really didn't notice any changes in the district," one woman told WUSA, "and I live in the district."

When asked, others said the same thing, that since the initiative things seem "pretty much the same."

For Alan Amsterdam, it's very different.

Wed
26
Aug

Want to Keep Marijuana Away From Teenagers? Regulate it

When I was a teenager, I bought pot whenever I wanted. As an adult, I worked to keep pot out of the hands of anyone under 21, and to make cannabis use as safe as possible for anyone 21 and over.

I've been a part of Colorado's legal cannabis industry since regulation was approved by our state's citizens in 2012. Since then, I've seen firsthand that two of the biggest public concerns -- that regulation makes it easier for children to access cannabis, and that regulation leads to a rapid increase in cannabis users -- simply haven't happened.

Tue
25
Aug

Jamaica Ganja Growers Warned: GET 'LEGIT' TO GET IN IT!

Local ganja growers, particularly small farmers, are being urged to enter the formal market to benefit from the decriminalising of the product rather than seeking to operate in the underground economy.

With ganja being illegal, growers had to operate in the shadows, knowing that they faced long prison sentences and stiff fines if caught.

But with the amendment of the Dangerous Drugs Act, which became law on April 15, 2015, paving the way for the legal introduction of medical marijuana, industrial hemp, and cannabis, the Government is warning that persons who have been profiting from the illicit ganja trade will soon be required to transition into the formal framework or face strong sanctions.

Pages

Subscribe to RSS - Marijuana Business News