Marijuana Business News

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Thu
01
Oct

How Eastern Washington Cannabis Growers Weathered This Year's Fire Season

During the final, fire-scorched days of August, Jeremy Moberg of CannaSol Farms slept on the roofs of houses and trailers in order to monitor the wildfires that were working their way around his land in Okanogan County. “So many people left and didn’t want to deal,” he says, including a few of CannaSol’s employees. (He said they are no longer employed with the company.) When Moberg or any of his remaining tough-it-out neighbors saw a fire getting too close to a house, they’d scramble onto their tractors and cut fire lines into the soil to protect it.

Thu
01
Oct

North American Cannabis Holdings, Inc. And Puration, Inc. Announce EpiVape Production

DALLASOctober 1, 2015/PRNewswire/ --

 

North American Cannabis Holdings, Inc. (USMJ) and Puration, Inc. (PURA) today announced the first production run of the EpiVape product.  EpiVape is a cost effective disposable hemp oil medicinal vaporizer.  The unique shape is not only functional but also intended to set the Epivape product apart from the currently available cigarette shaped vaporizers in an appeal to the medicinal user rather than the recreational user.

 

Thu
01
Oct

Denver busts 7 marijuana shops for underage sales

DENVER-- Seven marijuana stores in Denver made sales to people who were under the legal purchasing age of 21, Denver Police said Wednesday.

With 30 stores investigated in the operation, the number amounts to nearly one in four selling to underage people.

Since legal sales of recreational pot began in 2014, sting operations rarely resulted in underage sales. The first round of stings last year resulted in zero violations.

"We are disappointed," said Lewis Koski of the Colorado Marijuana Enforcement Division in a statement. "Up until now these compliance checks have been a bright spot for the industry."

Thu
01
Oct

The Big California Marijuana Legalization Initiative is About to Roll Out

The long-awaited pot legalization initiative from the Coalition for Cannabis Policy Reform, also known as ReformCA , is about to be filed with state officials. Backers of the initiative told the LA Weekly Tuesday that language for circulation will be filed with the attorney general's office in a matter of "days."

Thu
01
Oct

Medical marijuana ad blitz going into effect

One of the state’s largest medical marijuana companies wants to make sure seriously ill Illinoisans consider the new drug.

Cresco Labs has created a huge, statewide media blitz promoting the state’s program.

There will be print and radio ads, billboards and a social media campaign, Cresco founder Charles Bachtell said. The billboards will be visible next week, he said.

The advertising blitz — costing the company “seven figures” — is meant to educate people about the program and “normalize” it, he said.

“This program here in Illinois is a true medical program,” Bachtell said.

One of the ads says: “Comfort is a cause we can all get behind. Medical Cannabis is here. And it’s not what you think.”

Thu
01
Oct

CANNABIS INVESTING 101: THE SEC FILINGS AND EDGAR DATABASE BIBLE

DIY investors have ready access to more information resources than ever before, but the SEC filings remain the benchmark. This guide is designed to help newcomers understand how to get into the system, and once there how to find your way around the dimly lit hallways. With a few quick tips you can be off and running, and most importantly, have a sense of what’s most important when you dive in.

Thu
01
Oct

MJIC Inc. Invests in Willie’s Reserve Offering, Becomes Limited Partner

NEWPORT BEACH, Calif., Sept. 30, 2015 /Weed Wire/ — MJIC Inc., a private holding company focused exclusively on the legal cannabis industry, today announced its investment in Willie’s Reserve, the premier cannabis brand from country music legend Willie Nelson. Through this investment, MJIC has become a limited partner in Willie’s Reserve, joining lead investor Tuatara Capital, an alternative investment manager for companies in the legal cannabis industry.

Thu
01
Oct

Work in Weed – Cultivate your Cannabis Career through Stonius

The most successful investor of the 20th century, Warren Buffet, knows a thing or two about career choices. “There comes a time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind to keep taking jobs that you don’t like because you think it will look good on your résumé.”

Thu
01
Oct

4 Ways to Grow Your Cannabis Edibles Business

Many edible companies start small. And while “handmade” can still be a great selling point to customers, in practice it can be an impediment to the growth of your cannabis edibles business. As demand grows and your employees (and their workspace) max out in terms of production, how are you going to grow your business to capitalize on the opportunities in the edibles space?

These four tips are designed to help you grow your cannabis edibles business in a manageable and scalable manner.

 

Thu
01
Oct

Kush Bottles Named 3rd Fastest Growing Private Company in Orange County

SANTA ANA, Calif., Sept. 30, 2015 /PRNewswire/ -- Kush Bottles (www.kushbottles.com), North America's premier supplier of customizable child-resistant packaging solutions and accessories for the legal cannabis industry, announced today it had been ranked by the Orange County Business Journal as the 3rd Fastest Growing Private Company in Orange County.

With its continued strong revenue growth, the compliant packaging solutions provider is 3rd on the list of fastest growing small private companies, and is the top ranking cannabis industry business on the list.

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