Marijuana Business News

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Wed
23
Sep

MACROS president Aaron Bott says he'll take marijuana fight to Supreme Court if need be

To the courts, Aaron Bott is just a drug dealer. But to members of his cannabis dispensary, he was a connection to medicine.

“We were helping people,” Bott, who is currently facing trafficking charges, said.  

“Unfortunately, it seems like Alberta isn’t willing to listen, and is persecuting us as hard and fast as they can. They aren’t even looking at us helping people access their medicine or anything like that.”

Bott is president of the Mobile Access Compassionate Resources Organization Society (MACROS), Edmonton’s only compassion club. For the past 11 years, MACROS operated without issue until July, when Alberta’s Law Enforcement Response Team shut it down.

He and several members of his family were in court facing trafficking and cultivation charges.

Wed
23
Sep

Introducing Merry Jane, Snoop Dogg's marijuana lifestyle site

Snoop Dogg has released his own lifestyle website, and unsurprisingly, it's all about weed. 

It's called Merry Jane, an online repository for the latest in weed culture, business and information, reports Business Insider.

Snoop announced the new site at the TechCrunch Disrupt SF conference in San Francisco on Monday.

Wed
23
Sep

Aurora Cannabis’ Terry Booth on the impact of the Allard decision and the election on the Marihuana Industry

September 22, 2015 —  In a special InvestorIntel interview, Publisher Tracy Weslosky, speaks with Terry Booth, President, CEO and Director of Aurora Cannabis Inc. (CSE: ACB | OTCQB: ACBFF) on the two new Board members and securing the former executive director of the CMCIA for the Aurora management team. They also discuss how Aurora is positioned as rising leaders in the marihuana sector and what the Allard decision and elections will mean to the overall industry.

Wed
23
Sep

The Marijuana Industry’s Access to Banks

Vaults, armed guards, and paranoia are costs of doing business today in the recreational marijuana industry. Because they have little access to banking, marijuana business owners must conduct their day-to-day operations entirely in cash. “Nothing has gotten violent yet,” says Andrew Freedman, Colorado’s marijuana coordination director, “but we’re kind of asking for it.”

Wed
23
Sep

Connecticut: Sixteen Vie To Open Medical Marijuana Dispensaries, Some With Multiple Sites

HARTFORD — Sixteen applicants have submitted the 19 proposals for new medical marijuana dispensaries in Connecticut, as the state seeks to increase the number from six to as many as nine, according to a list released by the state.

Three applicants have submitted proposals for multiple locations, and one — Angelo DeFazio, who now operates one of the six existing dispensaries, in Hartford — is seeking to open a second location.

The state is compiling the applications, which needed to be submitted by Friday, and did not release the proposed locations of the dispensaries. The state is focusing on New Haven and Fairfield counties where there are the most registered patients and the fewest dispensary options.

Wed
23
Sep

Jamaica: Let's truly build a ganja industry

I am a 20-year-old young man sitting on the sidelines, observing the development being undertaken in one of Jamaica's most potent industries -- the marijuana industry. Marijuana is poised for development, especially as a result of the important pieces of legislation that are in train, one of which was piloted, ironically, by the now embattled Member of Parliament for St Elizabeth NE Raymond Pryce.

Wed
23
Sep

Trade Shows Draw Businesses Cashing in on Cannabis Industry

Legal marijuana sales in the United States approached $3 billion last year, according to an investment group for the cannabis industry.  Marijuana remains illegal under U.S. federal law, but the drug has been legalized for medical or recreational use in 23 states and the District of Columbia. Investors and businesses hoping to cash in gather at trade shows, like one held last week in Los Angeles.

Products were on display at the Los Angeles Convention Center, from hothouse lights and fertilizer to extractors that get oils from the cannabis plant.

Tue
22
Sep

Green Bits Launches Point Of Sale Service For Cannabis Shops

Originally, I was trying to come up with a really whip-smart headline for this…like: “Weed Is The Gateway Drug For Gateway Point Of Sale Services,” but there was no need. The news is simple: A super-smart group of folks that sold a company (Outright.com) to GoDaddy has launched its point of sale service specifically aimed at shops selling cannabis. They’re called Green Bits.

 

Tue
22
Sep

National Licensing Services Joins Forces With Cannabis Policy Experts Caren Woodson and Lauren Payne

Consultants to Provide Regulatory Compliance Expertise to Medical Marijuana Establishments in Nevada

LAS VEGAS - Sept. 21, 2015 - PRLog -- (Monday, Sept. 21) National Licensing Services (NLS) today announced that Caren Woodson and Lauren Payne, legislative policy experts who combined have over 17 years of experience in the cannabis industry in several different states, have joined the Las Vegas-based business licensing consulting firm.

Tue
22
Sep

Cannabis Companies: Investors and Professionals Taking Stock

Like the industry itself, employment and investment in cannabis businesses are rising. Yet, it remains true that special risks apply to cannabis enterprises beyond what is seen with “conventional” businesses.

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