Marijuana Business News

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Wed
01
Jul

VAPE Holdings Acquires BetterChem

Jul 01, 2015 (ACCESSWIRE via COMTEX) -- Adds Industrial Chemistry and Product Development to Core Consulting Services; Improves Position for Opportunities in Essential Oils

CHATSWORTH, CA / ACCESSWIRE / July 1, 2015 / VAPE Holdings, Inc. (otcqb:VAPE) (the "Company" or "VAPE"), a holding company focused on providing healthy, efficient, and sustainable products to lawfully operating participants in the legal cannabis industry, is pleased to announce that it has acquired control and 80% of the equity of Pennsylvania-based BetterChem Consulting, Inc. ("BetterChem") in exchange for restricted common stock, and for other share-based consideration based on performance over the next two years.

Wed
01
Jul

MCPI Finalizes Joint Venture Grow Facility in Lane County, Oregon

BEND, OR / ACCESSWIRE / July 1, 2015 / Med-Cannabis Pharma, Inc. (MCPI) is pleased to announce the completed deal to create a high quality grow facility in the state of Oregon. In the last quarter of 2014, MCPI embarked on a new Joint Venture with Royal Tree Organics to begin a new premier medical marijuana grow facility to produce and bring high quality medicine to market. With 2 MCPI dispensaries already operating in the state of Oregon and the expansion of 2 more dispensaries underway, the impact and importance of this Joint Venture grow facility cannot be overstated.

Wed
01
Jul

Day One Recap Of The 2015 Cannabis Business Summit

Day One of the National Cannabis Industry Association‘s (NCIA) 2nd Annual National Business Summit has begun in Denver, Colorado.

With the cannabis industry now being dubbed as the fastest growing industry in the United States, the race is on for entrepreneurs and investors to carve our their slice of the market.

It’s not just hedge fund managers and corporate CEO’s who are getting in on the action. It seems that everyone and their Auntie is getting into the cannabis industry these days.

Wed
01
Jul

Dude, Where’s My Pot ETF?

It seems inevitable—but there's this little liquidity problem

Pot has been generating lots of buzz. 

Twenty-three states and the District of Columbia have legalized marijuana, either for medicinal or personal use, while an additional 13 have planned votes by 2016. If the trend toward legalization continues, there's big profit potential, considering $2.5 billion in legal sales last year—and the estimated $60 billion in illegal sales. ArcView Market Research estimates that the national cannabis market will reach $10.8 billion in sales (retail and wholesale) by 2019.

Wed
01
Jul

Vancouver: City’s pot bylaw ignores major concerns

Vancouver City Council and the police department have clouded the national debate on cannabis with their approach to pot and are pumping money into the pockets of organized crime.

Anyone who has followed the controversy about marijuana since the heyday of the Le Dain Commission can only shake his or her head at the lack of common sense.

Every intelligent person who has studied marijuana and the laws that criminalize it has concluded the century-old prohibition should end and the easily cultivated weed more appropriately regulated to help the sick and stop the imprisonment of our kids.

Vancouver is neither promoting those goals nor helping resolve the current conflict over the federal government’s misguided approach to pot.

Wed
01
Jul

New York marijuana development firm buys west Eugene factory from Eugene Water & Electric Board

Kalyx Development pays $3 million for complex that previously was water bottling plant

A west Eugene factory that once produced computer hard drives and later bottled water could next become an industrial-scale marijuana growing operation.

The Eugene Water & Electric Board on Friday sold the 107,000-square-foot building at 3590 W. Third Ave. for $3 million, according to a deed filed with Lane County on Friday.

The buyer is Kalyx Develop­ment, a New York City-based marijuana real estate firm.

Kalyx bills itself online as “the premier real estate development provider to emerging indoor agricultural operators on the national level.”

Wed
01
Jul

Medical Marijuana, Inc. Announces Investment in AXIM Biotechnologies

Medical Marijuana, Inc. now holds 14,943,650 shares of common stock and 500,000 shares of preferred stock in AXIM Biotechnologies, a cutting-edge biotechnology innovator.

Stuart W. Titus, PhD, President and CEO of Medical Marijuana Inc. mentions: "We are extremely excited to announce our strategic ownership interest in AXIM Biotech and explain to MJNA's shareholders some of the important innovations that Dr. Anastassov and the AXIM team are focused on. AXIM Biotech's recent announcements include hemp-based innovations that provide consumers a wide variety of new options worldwide."

Wed
01
Jul

Don't post and pray: Access the entire talent pool

By David Murét

There are a couple things we know for certain about operating a company on the front lines of legal cannabis: It isn’t easy, and it isn’t cheap.

As an entrepreneur or executive in this industry, the demands on your finite resources seem endless. When you consider the risks of being under-capitalized in such a volatile market, it seems wise to trim costs wherever you can. For many companies that means turning to one of the countless job boards to search for talent. Why engage the services of a recruiter when a single job posting on Craigslist can yield hundreds of resumes?

Wed
01
Jul

Oregon Recreational Use Legal Today, Growers Look Forward to New Era of Retail Marijuana

On the third Thursday of each month, veteran medical marijuana growers and hopeful newbies gather in the old Williams Grange hall in a small rural Oregon valley long known for growing some of the best cannabis on the planet.

Since voters last fall made the state the fourth to make recreational marijuana legal, people have been flocking to the hall to get the latest update on lawmakers' progress on crafting rules for the new industry.

The entrepreneurs also share tips on how to produce happy and healthy marijuana plants.

Wed
01
Jul

Washington Marijuana landscape to change Wednesday

Wednesday marks the dawn of a new era in the Northwest recreational marijuana market. While possession becomes legal in Oregon for adults 21 and older that day, a bill ushering in a number of sweeping changes to Washington's recreational marijuana system also will become law.

Gov. Jay Inslee is expected to sign the measure, House Bill 2136, this afternoon, Inslee spokesman David Postman said. Whether Inslee will strike any parts of the bill isn't clear.

"We don't give advance word on vetoes," Postman said in an email to The Columbian, "but I can tell you the administration supported that bill."

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