Marijuana Business News

Synonyms: 
stocks
business
Fri
09
Oct

Issue 3 marijuana legalization TV advertisement dissected

CLEVELAND - With less than a month until Ohio’s controversial marijuana legalization vote, supporters and opponents of Issue 3 are ramping up their advertising time.

ResponsibleOhio, the pro-marijuana group backing Issue 3, has been running statewide ads since August.

The latest TV spot “What does Yes on 3 mean for Ohio families?” addresses concerns that Issue 3 would create a marijuana monopoly.  

“It’s a smart, safe plan,” a woman says in the ad. “Like most states that legalized marijuana, it initially limits the number of growers for strict regulation before adding more.”

According to the precedent set by other states, this claim is true in terms of medicinal marijuana.

Fri
09
Oct

Wine & Weed: Pot tourism goes upscale in the Colorado Rockies

If achieving a glistening, golden-hour slideshow on Vanity Fair’s website alongside Hollywood happenings and New York Fashion Week news last month is any indication — farm-to-table dinners paired with spirits and cannabis are officially a thing, breaking new ground toward cultural acceptance.

Fri
09
Oct

Marijuana companies struggle to find a place to put their green

For some in the marijuana business, going legit is turning out to be harder than it looks.

A widely recognized benefit of marijuana legalization is the ability to regulate an industry that has previously thrived on the black market. But current financing standards are keeping legal businesses in the complicated, and expensive, practice of all-cash operations — from not being able to accept credit cards to figuring out how to store and keep track of their money and handling payroll.

This industry will struggle to mature because it doesn’t have access to traditional banking, says Derek Peterson, chief executive of Terra Tech, a marijuana production and retail company.

Fri
09
Oct

Oakland Continues Legal Action To Defend World's Largest Medical Cannabis

The City of Oakland filed a petition on October 5 for rehearing en banc in the US Court of Appeals for the Ninth Circuit. The filing follows a federal ruling in August that Oakland couldn’t challenge the federal government’s forfeiture action in July 2012 against Harborside Health Center. The continued court case against Harborside is in violation of last year’s congressional passage of the Farr-Rohrabacher bill, which bans the use of federal funding for enforcement against state-legal medical cannabis operations.

Fri
09
Oct

Owner claims burned 'Weed World' van at concert worth $100,000-plus

MADISON -- A burning van that briefly entertained spectators attending a concert at Breese Stevens Field on Friday night was owned by an Alabama man who told Madison firefighters he had invested $100,000 into customizing the cab for his business.

The business is Weed World Candies, which sells marijana-flavored lollipops.

The burned-out 1999 Chevy Express van appeared to be a total loss and was the target of many amateur photographers outside the Avett Brothers concert. It was bright green, and was apparently part of a fleet of vehicles that travel the country selling marijuana-flavored candy and baked goods.

Thu
08
Oct

American Cannabis Company Announces Launch Of Dab Werks

DENVER, CO / ACCESSWIRE / October 8, 2015 / American Cannabis Company, Inc. (OTCQB: AMMJ) (the "Company"), a full-service business-to-business consulting solutions provider, and seller of ancillary products to the cannabis industry, today announced the launch of Dab Werks(TM). Dab Werks(TM) are poster sized, high-definition, reusable vinyl graphics depicting cannabis plants, paraphernalia and cannabis brands. The company has partnered with Cheeba Media, LLC for the design, development and ongoing management of the website.

Thu
08
Oct

International Canna Pro Expo: History Making Event

ORLANDO, FL--(Marketwired - Oct 8, 2015) -  The organizers behind the International Canna Pro Expo are excited to announce the success of their inaugural Expo. Raving feedback and comments by the attendees and exhibitors was very positive. Many were amazed at the information shared and the level of professionalism of the whole event. The International Cannabis Pro Expo was a two and a half day event held from October 2-4, 2015, at the Caribe Royale All Suites Hotel and Convention Center.

Thu
08
Oct

From America's Most Successful Cannabis Entrepreneur: Why I Have Devoted My Life to Pot and Social Justice

The following is an excerpt from the new book  The Cannabis Manifesto: A New Paradigm for Wellness  by Steve DeAngelo (North Atlantic Books, 2015):

I’m sometimes asked why I chose to spend my life advocating for cannabis reform, instead of working on more urgent issues like climate change, species extinction, or nuclear weapons.

Thu
08
Oct

Report: Detroit has 148 marijuana dispensaries

A new report pegs the number of marijuana dispensaries in Detroit at 148.

Prior to the report, Detroit public officials could not say how many dispensaries there are, partly because they are opening at such a rapid pace but mostly because the city does not keep track of them.

The City Council is debating proposed licensing regulations. A public hearing is set for 10 a.m. Monday.

Of the 148 dispensaries in Detroit, 100 are within 1.15 miles of the suburbs; 59, including some of those near suburbs, are within 1,000 feet of an active school, according to the report, "Weed in the D," published Monday by local mapping company Loveland Technologies.

Thu
08
Oct

A first for the marijuana industry: A product liability lawsuit

For years, Brandan Flores has treated his chronic back pain with marijuana, a remedy he champions as a natural alternative to traditional medication.

But recently he heard rumblings that his drug of choice might be less wholesome than he had imagined.

"There was talk about Eagle 20," he said, "and it concerned me right away."

Eagle 20 is a fungicide used to kill mites, mildew and assorted pests that flock to plants like hops and grapes. It also contains a chemical called myclobutanil, which produces hydrogen cyanide gas when burned.

Stunned that he might be inhaling toxic fumes, Flores and fellow medicinal pot user Brandie Larrabee, a brain tumor patient, sued the grower this week, filing the first product liability lawsuit against the marijuana industry.

Pages

Subscribe to RSS - Marijuana Business News