Marijuana Business News

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Fri
29
May

As Marijuana Rules Take Shape, A Focus on Local Control

The state has a year until it begins issuing licenses for businesses selling recreational marijuana. Between now and then, the Alcoholic Beverages Control Board is home to a new body developing regulations: the Marijuana Control Board.

The rules taking shape are modeled on commercial alcohol sales, with regulators hoping to learn from past mistakes in Washington and Colorado.

On Thursday, ABC Board Director Cynthia Franklin spoke to members of the Anchorage Assembly in a packed conference room. The state codes concerned with growing, selling, and managing marijuana are expected to be done by November. And similar to Title 4 dealing with alcohol, the emerging ordinances are based on lots of local control.

Fri
29
May

Silk Road coupon forger charged with wire fraud

US law enforcement's infiltration and takedown of the Silk Road underground marketplace has turned up yet another court case, with a New Orleans man charged with selling counterfeit shopping coupons through the site, and its successors, on an epic scale.

Fri
29
May

Jeffco board asks for non-retail pot options for unincorporated areas

 

GOLDEN — It’s unlikely that unincorporated Jefferson County will see retail marijuana shops soon, although the Board of Commissioners could be on board with allowing pot testing facilities in the near future.

At a special staff briefing Friday, commissioners gave county staff a more clear direction on areas to study regarding the marijuana industry before the commissioners make a decision on how to proceed. The county has a moratorium banning the marijuana business in unincorporated areas until Jan. 1, 2016.

Fri
29
May

Libertarians, Green Party oppose ResponsibleOhio's marijuana legalization plan

Legalizing marijuana Several proposals are in the works to legalize marijuana in Ohio. Check here for an update on the status of those efforts.

COLUMBUS, Ohio -- ResponsibleOhio's plan to legalize marijuana through a limited number of commercial growers is being criticized by two staunch supporters of marijuana legalization -- the Green Party of Ohio and Libertarian Party of Ohio.

Fri
29
May

MMPR’s Success Can’t Rely On Repeal Of MMAR

There has been much speculation from the financial world in the market potential of the MMPR (Canada’s Marijuana for Medical Purposes Regulation), with investors encouraged by Health Canada’s estimates of some 450,000 potential patients by 2024. But what are these projections based on? It appears Health Canada  has derived their numbers based on the growth of the previous MMAR program, but is this a realistic measure of ‘customer’ growth in this new system?

Fri
29
May

Cannabis Business Certification and Career Workshops Presented at New York Trade Show ...

PARAMUS N.J. May 29 2015 /PRNewswire/ -- A six-hour certification program on "How to Open a Cannabis Business" is being presented at the Cannabis World Congress & Business Exposition (CWCBExpo) at the Javits Center in New York NY.Taking place on Wednesday June 17th this workshop is part of a dedicated day of education at the leading event on the East Coast for the legalized and medical marijuana industry.

Fri
29
May

Inside One Of California's Largest Medical Marijuana Bakeries

A Bay Area company is catering to medical marijuana users statewide who have a sweet tooth.

It’s not the eggs that make these pastries special, though there are eggs along with sugar, chocolate and flour. These pastries are high in calories, high in carbs, but these are high in potency, too.

“We pretty much make our cookies like you would any other bakery, any other cookie, we just have a little bit of green in our butter,” said Danny Nunan, a baker at Korova Edibles.

The Bay Area’s Korova Edibles is making a name for itself in medicinal marijuana circles for the amount of pot it puts in its products, for having a trained pastry chef with culinary credentials, and a respected lab that works to make sure doses are accurate.

Fri
29
May

Marijuana businesses: meet the respectable leaders of the pot-com boom

Marijuana was once the drug of choice for hazy-eyed potheads with no ambition and a loose grasp of new-age philosophy. But step aside, stoners. Since recreational marijuana became legal in Colorado, Washington, Alaska, Oregon and Washington DC, weed has become associated with up-and-coming entrepreneurs with networking charm and business nous.

Establishment figures are turning to marijuana as inspiration for the next big entrepreneurial idea. Or ganjapreneurial idea, if you will. The United States is now home to the Martha Stewart of weed, a women’s cannabis networking group, and Uber for weed. Meanwhile, the former chief of homeland security for New York is currently in charge of protecting marijuana shipments. Meet the very respectable leaders of America’s weed revolution.

Fri
29
May

Latest Oregon pot battle: Marijuana growers vs. hemp growers

SALEM — Pot growers worry that Oregon’s emerging hemp industry could take the buzz out of their recretional and medicinal weed.

Some lawmakers hope to clamp down on the state’s still-embryonic industrial hemp crop due to concerns that through cross-pollination hemp could harm outdoor medical marijuana grows, particularly in southern Oregon.

Hemp — a cousin of marijuana which contains much lower levels of THC, marijuana’s psychoactive component — can ruin valuable marijuana crops through cross-pollination, by lowering marijuana’s THC content, pot advocatese say.

Thu
28
May

Legislature warns Denver: Hands off marijuana pesticide regulation

Before they adjourned on May 6, the Colorado General Assembly sent a little warning to the city of Denver: Pesticide regulations are the purview of the state, not the city.

In March, the City of Denver’s Department of Environmental Health inspected 10 marijuana grow facilities. It required several growers to quarantine their plants based on pesticide use the department considered dangerous for human consumption. One grower had to quarantine 60,000 plants, which means they cannot be sold for people to consume. Losses for the growers could total in the millions, since some plants can be valued up to $1,000 each.

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