Marijuana Business News

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Wed
03
Jun

Canada: Licensed medical marijuana growers say clinics pushing for referral fees

One of Canada’s largest licensed medical marijuana producers says it has repeatedly been hit up by specialized clinics asking for money in exchange for referring patients to them – a practice that underscores the lack of clear rules governing the relationship between consumers, their doctors and growers in the nascent industry.

Wed
03
Jun

Farmers lodge legal petition for medical marijuana licenses

Farmers are demanding that the government act upon its December 2013 decision and issue additional licenses without delay.

A group of 10 farmers interested in growing medical marijuana recently filed a petition to the Jerusalem District Court, demanding that the Health Ministry increase the licenses available for producing the crop.

Although a government decision was made on the subject in December 2013, officials have still failed to issue licenses for those looking to begin growing cannabis for medical purposes, the farmers argued in their petition.

Because they have not yet been able to join the industry, the farmers said that damage is being caused to themselves, to those patients who may need the marijuana, and to the principle of fair competition.

Wed
03
Jun

9 Ways to Reach Your Goals Lightning Fast

Fully Commit

Decide that you’re going to keep working at it until your reach your goal. The word “de-cide” literally means “to cut away from”. Think of the other strong commitments you’ve made in your life. There’s no turning back, you stick to it consistently and keep moving forward, no matter what. Make this same kind of commitment to your goal.

Challenge Your Excuses

Tue
02
Jun

Man named Santa Claus rejoices after North Pole OKs marijuana sales

It's going to be a very merry Christmas this year.

The state of Alaska voted in favor of legalizing marijuana in November, making the possession of cannabis legal for any adult 21-years of age and older in February of 2015. However, individuals towns could still block the sale of marijuana, and on Monday, the town of North Pole took a vote to decide if pot shops would be allowed within its limits.

Tue
02
Jun

The former rabbi who sells cannabis prescription

In the suburbs of Washington, the authorized clinic opened by the former rabbi delivers to patients their dose of medical marijuana. But procurement opportunities remain limited for an ever-increasing demand.                 

The transaction takes just a few minutes behind a closed door. The client, or rather the patient recovers his wares against a handful of twenty dollar bills and left the scene, but not without welcomed Jeffrey Kahn, head of the clinic, a former rabbi. This scene takes place dozens of times a day, in a flowery decor with a cozy atmosphere, to the sound of jazz music.

Tue
02
Jun

Achieving Diversity in the Cannabis Industry

Diversity, like love and peace, is a virtue widely embraced. Getting it done takes working through the grittier details, though. According to Jesce Horton, Cofounder and Vice President of the Minority Cannabis Business Association, speaking at a recent MJ Freeway Webinar on Diversity in the Cannabis Industry, “This is an opportunity not just to build another industry, but a new, different and better industry.”

Tue
02
Jun

High times: Behind the scenes at a women's pot conference

Meet the attendees of the first Women Grow Leadership Summit, a gathering devoted to bringing more women into the marijuana business.

Now that marijuana has gone from illicit hippie drug to (sort of) legal medicinal plant, pot is beginning to acquire the same trappings that go along with any other industry. That means the emergence of boutique-style dispensaries, branded designer strains, “budtenders,” and, yes, business conferences.

Tue
02
Jun

INTIVA INC LAUNCHES EQUIPMENT LEASING DIVISION FOR CANNABIS GROWERS AND PROCESSORS

First Three Supercritical CO2 Extractors Installed In Northern California

 

Denver, Colorado - May 30, 2015 - INTIVA Inc. (“INTIVA” or the “Company”) today announced that its jointly-owned subsidiary, INTIVA Sonoma LLC, has begun leasing oil extraction systems to medical cannabis growers and processors. INTIVA Sonoma LLC (“Sonoma”) is 50 percent owned by the Company’s wholly-owned subsidiary, INTIVA Finance LLC, and 50 percent owned by the manufacturer of the extraction systems.

Tue
02
Jun

After oil, ex-North Dakota Indian leader forms marijuana firm

WILLISTON, N.D. (Reuters) - The former chairman of a North Dakota Indian nation that controls one-third of the state's oil output has formed a marijuana company to help tribes around the United States produce and distribute the drug.

Tex "Red-Tipped Arrow" Hall, who until last fall led the Three Affiliated Tribes of the Mandan, Hidatsa and Arikara (MHA) Nation, has formed Native American Organics LLC with California-based Wright Family Organics LLC, a medical marijuana company, the companies said in a statement.

Native American Organics said it will help Indian tribes grow and distribute marijuana to wherever legally possible, as well as offer expertise on hydroponics and genetics and advice on how best to work with state and federal officials.

Tue
02
Jun

Revenue Trends in the I-502 Cannabis Market – in spite of punitive taxes and local obstruction

Overall revenue within the I-502 State-legal Cannabis market continues to steadily increase in a largely consistent (linear) fashion, driven largely by the ever-increasing number of Retail stores licensed by the LCB (154, as of May 18 … with approximately 140 actually open for business). Should the LCB continue to grant retail licenses at the current rate, all 334 allocated stores should be licensed by May 15, 2016.

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