Marijuana Business News

Synonyms: 
stocks
business
Tue
02
Jun

MARIJUANA CONSUMER GROUP PROTESTS LIVWELL DISPENSARY

A marijuana consumer group protested outside a LivWell location on South Broadway over the weekend, claiming the dispensary chain uses potentially harmful pesticides and doesn't care about consumer health. But LivWell says those accusations are simply untrue.

 

Tue
02
Jun

Marijuana as medicine? Let's decide this by science, not emotion: Stephanie Haynes

Senate Bill 143 will legalize marijuana (cannabinoids) as a medicine and take Louisiana back to  100 years ago, before there was any regulation of medicine by the federal Food and Drug Administration. That regulation has given us the best medicine approval process in the world. All medicines must be proven to be safe and effective by the FDA. SB 143 removes the safeguards that are in our state law that require that cannabinoid medicines meet FDA standards.

Tue
02
Jun

Introducing Smokin 94.1, Denver's New Marijuana Radio Station

In mid-April, a former Colorado Springs-area Fox Sports radio outlet switched its format to K-HIGH, a marijuana-talk station.

Now, a Denver station has followed suit.

What had been KDCO-FM/Mile High Sports Radio is now KBUD-FM, also known as Smokin 94.1.

Tue
02
Jun

Cannabis restaurant pops up in London

Cannabistro hopes to re-imagine the “fine art of getting high” by offering diners four gourmet courses inspired by the herb. Hosted by chefs from London’s Grub Club, the event’s menu promises to chart the journey from “the way up to the inevitable munchies on the way down”.

The evening will be split into two halves with the first half based around getting high. Dishes include oxtail ravioli, homegrown herb, hemp and beef bone broth and hemp-cured mackerel, samphire, beetroot and horseradish.

The second half meanwhile will focus on providing relief from “the munchies”, offering hungry diners a kebab and a Snickers bar.

Tue
02
Jun

Green Business: Alaska’s First Cannabis Career Fair Held in Anchorage

This weekend, Alaska saw its first-ever job fair for careers in commercial cannabis, offering a glimpse of how the semi-legal marijuana industry is taking tentative steps towards professionalism and profits.

Theresa Collins shuffled between prospective employers and job-seekers inside the enormous, high-ceiling room that serves as the venue for Pot Luck Events, the marijuana-friendly company she runs at 420 West 3rd Avenue in downtown Anchorage. And yes, that is the actual address. Collins worked with the newly-formed Alaska Cannabis Growers Association to organize an event matching would-be workers with jobs that don’t yet exist.

Tue
02
Jun

Hitting the green? Retail pot stores looking to cash in during U.S. Open

UNIVERSITY PLACE, Wash. — The U.S. Open is coming to Chambers Bay in just three weeks, and it means a big boost to our local economy. Local pot shops see the opportunity as well.

With the U.S. Open set to begin on June 15, the greens on Chambers Bay aren`t the only ones getting ready — so are the ones ‘World of Weed’ will soon stock in its shelves.

“We were really pushing to get open for the U.S. Open at Chambers Bay,” said Alden Linn, general manger of World of Weed, a retail pot store expected to open next week.

Retail marijuana stores are one of the many industries expecting to cash in the week of the U.S. Open Championship, a topic Tacoma city leaders even mentioned in an April study session.

Tue
02
Jun

Sydney veterans have new medical marijuana centre

Veterans suffering from post-traumatic stress disorder have a new place to turn in Cape Breton.

It's a centre that offers to help vets get access to medical marijuana.

Marijuana for Trauma — Veterans Helping Veterans — has opened in the former Victoria Order of Nurses building on King's Road in Sydney.

Founder Fabian Henry is from New Waterford but now lives in Fredericton.

He is a former military combat engineer who has suffered for years from post-traumatic stress disorder.

"After three years, I tried cannabis for the first time in my life and I got relief," said Henry. "That was five years ago and I've only been on one medication for five years now."

'They're not dope addicts'

Tue
02
Jun

MDs getting paid up to $350 per patient for medical marijuana referrals, despite bans

TORONTO — Doctors and clinics are receiving fees of as much as $350 per patient from medical-marijuana producers eager to snag customer referrals, despite professional rules in some provinces that explicitly outlaw such payments, producers say.

Physicians working under federal law do not prescribe a specific brand of cannabis, but some try to steer patients toward particular cannabis suppliers – and expect reimbursement, industry members report.

Doctors sometimes tell companies the money is to subsidize the cost of verifying patient information, or providing marijuana-related services to patients not covered by medicare.

Tue
02
Jun

Legal Marijuana Dealers And The Government Need Bankers And Lawyers

As of today, 23 states and the District of Columbia have legalized medicinal marijuana and four have legalized its recreational use as well. Despite that, marijuana remains a so-called Schedule I controlled substance – alongside “hard” drugs like heroin, cocaine, and LSD – and federal law still makes the distribution of marijuana a crime, even in those states where it is legal.

It is not unusual for legal marijuana businesses to become entangled in government investigations. Although it wasn’t my focus, as a former federal prosecutor I sometimes investigated unlawful drug trafficking organizations. Following the drugs and money back to their source increasingly led to marijuana businesses in states that had legalized it.

Tue
02
Jun

Marijuana Stock Valuation

By Sean Bryant.

Washington, Colorado, Alaska, and Oregon have already legalized the use of recreational marijuana. Twenty-three states in total have made the drug legal for medicinal use. This relatively new legalization has allowed dozens of new companies that specialize in the plant to emerge. Some of those companies have gone public and offer a new investment niche: pot stocks. But how do you know if you are getting a good deal? How are these stocks even valued? If you want to get in on (nearly) the ground floor of marijuana stocks, keep reading. But remember, as with all new industries and new stocks, investing is risky and one act of legislation could render the companies worthless.

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