Marijuana Business News

Synonyms: 
stocks
business
Thu
01
Oct

Denver Post awarded for marijuana coverage by Online News Association

he Denver Post has won a prestigious national digital journalism award for its coverage of the legalization of marijuana in 2014.

The Online News Association awarded The Post the top prize for topical reporting among large news organizations Saturday at its 15th annual conference in Los Angeles.

The Post's entry included a three-part series focused on 12-year-old Preston Watson and his mother, Ana, who left North Carolina for Colorado in the hopes of helping the boy's debilitating seizures with CBD, an oil extract of marijuana. The entry also included The Cannabist, the website that covers cannabis culture in Colorado.

Wed
30
Sep

Crafting a Marijuana Business Contract That Will Stand Up in Court

A few weeks ago we ran a post examining the “illegal” nature of marijuana contracts and the challenge of enforcing such agreements, entitled, “Your Cannabis Contract: Is it Worth the Paper its Written On?” Today we follow up on that post and discuss how to draft your contracts so they have the best chance at enforceability. Although states are increasingly moving towards partial or full legalization, as long as federal prohibition remains the law of the land, your adversary in a contract dispute has a colorable illegality argument that you need to be ready for.

Wed
30
Sep

Israel Has Potential to Become Global Cannabis Superpower

At first glance, Israel may not seem to be a country with the most potential in cultivating a powerful cannabis industry. With strict religious laws and guidelines that govern the country, it would be easy to believe that marijuana is the last thing on the Israeli government’s’ minds.

Wed
30
Sep

Best Practices for Manufacturing Cannabis Concentrates

At its legal retail inception, the cannabis industry expected it would prosper with traditional flower sales, but concentrates have proven to be the industry’s dark horse and have dramatically changed the landscape for cultivators, manufacturers and retailers.

Concentrates can be consumed in their extracted form or they can be used in new intermediate product forms to infuse products such as edibles, balms and tinctures. Depending upon factors involved in the extraction method, concentrates can result in different final forms, such as hash oil, wax, shatter and crumble, among others.

Wed
30
Sep

Paying MMJ Employees in Cash? Not anymore!

The cannabis industry is experiencing extreme growth. There is no better example of this than a recent press release from The State of Colorado stating that they are now receiving more tax dollars from marijuana than alcohol. Try wrapping your brain around that!

Aside from this growth, the cannabis industry is still in its infancy. Due to regulations and federal laws, operating a business in this industry is anything but easy. A common problem that affects all businesses in the industry is paying employees. Yes, you heard it right! Paying employees in this industry is extremely difficult and dangerous. So difficult and dangerous, that I decided to built a business to fix this exact issue.

Wed
30
Sep

Tweed Farms Granted License For Entire 350,000 Square Foot Facility

NIAGARA-ON-THE-LAKE, ON, Sept. 30, 2015 /CNW/ - Tweed Farms Inc. (Tweed Farms), wholly owned subsidiary of Canopy Growth Corporation (TSX.V: CGC) (Canopy Growth), has received Health Canada approval to commence cannabis cultivation in all 350,000 sq. ft. of the facility's growing space, a ten-fold increase from the previously licensed area.

Wed
30
Sep

Cannabis Tourism - Oregon's New Cash Crop?

Oregon Legislature Clears The Way For Recreational Cannabis Users.

Portland, Ore., Sept. 29, 2015 /PRNewswire/ -- Thanks to the Oregon Legislature headed by its recently installed Governor Kate Brown, starting October 1, 2015, cannabis dispensaries will begin selling cannabis products, including select grade flower, into the Oregon adult recreational-use market.

"Like most people in our State, Chalice Farms, LLC supports the Oregon Legislature's decision to allow licensed medical dispensaries to serve adult recreational clients before OLCC licensing begins," said Chalice Farms Founder and President, William E. Simpson III.

Wed
30
Sep

South Dakota tribe to open America's first marijuana resort

FLANDREAU, S.D. — The small South Dakota Indian tribe known as the Flandreau Santee Sioux already has a successful casino, a 120-room hotel and a 240-head buffalo ranch.

Now it’s undertaking a new venture — opening the nation’s first marijuana resort on its reservation. The experiment could offer a new money-making model for tribes nationwide seeking economic opportunities beyond casinos.

Santee Sioux leaders plan to grow their own pot and sell it in a smoking lounge that includes a nightclub, arcade games, bar and food service, and eventually, slot machines and an outdoor music venue.

Tribal President Anthony Reider envisions the resort as “an adult playground.”

Wed
30
Sep

Public hearing set on law for medical marijuana shops

Detroit — An October public hearing is set to gain public feedback on a propose ordinance aimed at regulating where and how medical marijuana centers can operate in Detroit.

The law, crafted by Councilman James Tate, was formally introduced Tuesday at the council’s formal session. The ordinance seeks to limit hours, impose inspection and licensing requirements and a ban on drive-thru windows, among other regulations. The proposal also calls for an amendment to the city’s zoning code to specify where the medical marijuana centers can locate. The council scheduled a public hearing on the plan for Oct. 12.

Wed
30
Sep

Merry marijuana: Pot sellers woo holiday shoppers

Edit: This story was written last holiday season:

That’s not mistletoe.

From new marijuana strains for the holidays to gift sets and pot-and-pumpkin pies, the burgeoning marijuana industry in Colorado is scrambling to get a piece of the holiday shopping dollar. Dispensaries in many states have been offering holiday specials for medical customers for years — but this first season of open-to-all-adults marijuana sales in some states means pot shops are using more of the tricks used by traditional retailers to attract holiday shoppers.

Here’s a look at how the new recreational marijuana industry is trying to attract holiday shoppers:

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