Marijuana Business News

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Fri
20
Mar

Medical Marijuana Inc Names New President, CEO

March 19, 2015

Medical Marijuana Inc. finally has a new man at the helm. Dr. Stuart Titus, Ph.D, has been named president and CEO of the publicly traded company, and will also serve as one of the board members.

Fri
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"How Marijuana Could Lift Native American Tribes Out Of Poverty"

by Kira Lerner Posted on March 19, 2015 at 8:00 am Updated: March 19, 2015 at 9:28 am

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Fri
20
Mar

The 4 Essentials of Legendary Customer Service

Attention, Canadian business operators: the customer service bar has just been raised. As Seattle-based department store chain Nordstrom embarks on its Canadian expansion—it opened its second location in March, in Ottawa—retail experts say businesses here could learn a lot from its gobsmackingly extraordinary service.

“Nordstrom just goes above and beyond in a way that customers never forget,” says Robert Kozinets, who heads the global retail management specialization at the Schulich School of Business.

Thu
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Mar

Jamaican Farmers Encouraged to make use of Ganja Opportunities

KINGSTON, Jamaica — Small ganja farmers across the island are being encouraged to make use of the opportunities that will be available in the medicinal ganja industry.

Speaking in Douglas Castle, St Ann, on March 18, Science, Technology, Energy and Mining Minister, Phillip Paulwell, said the “small man” must ensure that he becomes a major player in the new industry.

The minister said efforts will be made to ensure that the small ganja farmers who have been in the system a long time are not squeezed out by persons with wealth.

Thu
19
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New CEO of cannabis group Michael Sautman wants Australia to legalise it

Prominent North American legal marijuana industry lobbyist Michael Sautman will be in Sydney early next month to start making his case to regulators after being appointed chief executive of a yet-to-be-named cannabis group that is poised to float on the Australian sharemarket.

Mr Sautman is hopeful that in the future Australians will be able to legally tuck into pot-flavoured cereal for breakfast, eat a hemp-based faux steak for dinner, and smoke a joint in the evening. And he wants to be able to sell them all of those products and more through a suite of cannabis businesses being assembled in a reverse takeover of failing ASX-listed mining hopeful Capital Mining. 

Thu
19
Mar

Hemp Inc Launches Flagship Nutraceutical Product In the Market

In order to make good use of the current market conditions, Hemp Inc (OTCMKTS:HEMP) has decided to launch a new flagship Nutraceutical product Green Smoothie Hemp Protein in the market. As per the reports, the announcement was made during the 1st Annual Ascent Expo that took place at the Los Angeles Convention Center recently.

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Thu
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Hemp Legalization Trend To Drive Tobacco Stocks

  • Tobacco stocks stand to benefit better than any other big business from the highest potential growth industry in America, that of hemp.
  • From production and packaging to marketing, Big Tobacco is already equipped to own and operate the promising and swiftly legalizing cannabis industry.
  • Hemp is the largest opportunity because hemp has historically been the lifeblood of the world economy, including America from its colonial days to 1937 and then during WW II.
  • Legislation filed in both houses of Congress would exclude hemp from the legal definition of marijuana.
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    Mar

    Welcome to America's First Government-Run Pot Store

    The first government-run recreational marijuana store in the country opened this month in Washington State. Revenues from the pot shop will benefit the small town of North Bonneville, in the Columbia River Gorge.

    Community leaders there say their town could really use the cash. The economy in that part of the state has been slow to recover since the timber industry collapsed more than two decades ago.

    “There is one gas station. There is one restaurant. There is a golf course. And there is the Bonneville Hot Springs Hotel,” said John Spencer, the former city administrator turned consultant.

    With a few exceptions he’s just described most of the town’s economy.

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    Mexico drug cartels adapting to legalization of marijuana in U.S.

    MEXICO CITY – The growing legalization of cannabis in the United States is forcing Mexico’s drug cartels to rethink their illicit business model, turning to opium poppy plantations and domestic pot consumption, experts say.

    Americans have been legally allowed to light up joints in the U.S. capital since late last month, joining Washington state and Alaska, while Oregon will follow suit in July.

    A total of 23 U.S. states have legalized the drug for medical use, and opinion polls show that a slim majority of Americans favor legalization.

    The changes in the world’s biggest drug market appear to have prompted the criminal organizations producing narcotics in Mexico to switch strategies.

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    Medical Marijuana Facility in Leamington to Expand

    As a result of policy changes introduced by the Conservative government, corporations are taking over medicinal cannabis, concentrating business in the hands of people with ties to Big Pharma.

    One morning in February, Nanaimo councillors and business leaders met in an industrial area about 20 minutes from the city’s downtown.

    The building they stood before is nondescript. But, recounted Sasha Angus, CEO of the Nanaimo Economic Development Corporation, “It’s like a vault wrapped by Fort Knox wrapped in a castle.

    “Cameras, vibration sensors, and a lot of time and effort,” he continued, describing the facility’s security measures. “There’s a vault that’s two feet thick with more vibration sensors. It’s about one level below a nuclear-missile silo.”

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