Marijuana Business News

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Medical marijuana advertising sparks interest in pot use among teens, study finds

A study of Southern California middle school students found that those who see ads, billboards, or signs for medical marijuana were more likely to think about or smoke pot than those who see no advertising, researchers said Monday.

Surveys from more than 8,214 students who attended 16 Southern California middle schools during 2010 and 2011 were analyzed by researchers with the RAND corporation. The youths were asked in 2010, then again in 2011 about their exposure to medical marijuana advertising, use and their intentions about whether to use it in the future.

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VPR Brands Unveils Their New Kangertech Vbox

Jul 06, 2015 (ACCESSWIRE via COMTEX) -- SAN JOSE, CA / ACCESSWIRE / July 6, 2015 / Soleil Capital L.P. JOBI, -33.33% ("Soleil" or the "Company") announces today their first product launch, in collaboration with KangerTech, one of the leading global brands in the industry known for cutting edge innovations for Vaporizers, Mods and Tanks. The Company's new product offering is a limited edition and exclusive upscale version of KangerTech's highly acclaimed KBOX MINI SUB TANK which is just hitting retail shelves now.

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06
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The anti-pot taboo shrinks in presidential politics

DENVER 

Presidential candidates are talking about marijuana in ways unimaginable not long ago.

White House hopefuls in both parties are taking donations from people in the new marijuana industry, which is investing heavily in political activism as a route to expanded legalization and landed its first major candidate, Rand Paul, at a trade show last month.

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Tainted Product: DigiPath Looks to Add Quality Assurance to Cannabis

Jul 06, 2015 (ACCESSWIRE via COMTEX) -- SEATTLE, WA / ACCESSWIRE / July 6, 2015 / Cannabis may seem like a tightly controlled market on the surface, but lax state laws, inconsistent lab practices, and inaccurate test results have introduced dangers to users. In a joint investigation, Oregon Live and the Oregonian tested ten popular marijuana concentrates in Oregon and found that nearly all of them contained pesticides. A total of 14 chemicals were found in eight of the samples, including six that the federal government considers carcinogenic.

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06
Jul

Cannabis Construction: Entrepreneurs Use Hemp in Home Building

STUYVESANT, N.Y. — It started with Hurricane Katrina: the flooded houses in New Orleans festering with mold, many uninhabitable to this day. Then came the earthquake in Haiti: thousands dead, crushed by homes that should have been their sanctuaries.

James Savage, then a Wall Street analyst living on Central Park West, grew disturbed about the conditions he saw on television and in the newspapers.

“There has to be something better we can do than this,” he recalled thinking last week as he sat at the kitchen table inside his new home here on a cliff overlooking the Hudson River 120 miles north of New York City.

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06
Jul

The OxyContin Clan: The $14 Billion Newcomer to Forbes 2015 List of Richest U.S. Families

The richest newcomer to Forbes 2015 list of America’s Richest Families comes it at a stunning $14 billion. TheSackler family, which owns Stamford, Conn.-based Purdue Pharma, flew under the radar when Forbes launched its initial list of wealthiest families in July 2014, but this year they crack the top-20, edging out storied families like the Busches, Mellons and Rockefellers.

How did the Sacklers build the 16th-largest fortune in the country? The short answer: making the most popular and controversial opioid of the 21st century — OxyContin.

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06
Jul

In Cannabis Business, Big Data Now Equals Big Dollars Later

It doesn’t matter what arena you look at these days, everyone is talking about big data.

For most businesses outside of the cannabis sector, big data is no big secret. With the internet of things, the widespread adoption of wearables, data is pouring in from millions of devices around the world and informing business with the revelations that are drawn from it.

TLDR: Data is important to your cannabis business. Track everything you can, starting now. Actually, you should have started yesterday. Learn from it. Leverage what you know to make decisions for your business.

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06
Jul

So you want to sell marijuana (legally)

Getting permission to sell this stuff is not easy.

 

You may have a passion for the product, but getting the go-ahead to start growing and selling marijuana in Massachusetts can be a long, expensive and difficult path.

Just ask Jeffrey Roos, CEO of Mass-Medi Spa, a potential dispensary in Norwell and Nantucket. Roos and his team have spent three years and about $300,000 in their journey to open. They’re still waiting.

Mon
06
Jul

Maryjane Group Expands Bud+Breakfast Brand With Addition of Third Property in Colorado Springs

DENVER, CO  The MaryJane Group (OTC Markets MJMJ) today formally announces the continued growth of its popular Bud+Breakfast brand with the newly leased Hotel San Ayre in Colorado Springs. Joining the company’s two Bud+Breakfast locations in the Denver area, Hotel San Ayre will offer guests seeking a cannabis-themed vacation even more opportunities for education and enjoyment.

Mon
06
Jul

Washington state has brought in $70 milion in tax revenue from legal marijuana sales

 SEATTLE (AP) — Washington launched its second-in-the-nation legal marijuana market with just a handful of stores selling high-priced pot to long lines of customers. A year later, the state has about 160 shops open, tax revenues have soared past expectations and sales top $1.4 million per day.

And who knows — the industry might even start making some money.

Washington pot farmers, processors and retailers have complained all year that heavy state and federal tax burdens, along with competition from an unregulated medical marijuana market, have made it difficult for them to do business.

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