Marijuana Business News

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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.

Thu
28
May

Ground broken on massive Las Vegas marijuana farm

A groundbreaking ceremony at the future site of the Nevada Pure marijuana facility on Wednesday, May 27.

Clark County's medical marijuana dispensaries are nearly ready to open for business. The only thing they're missing is marijuana.

On Wednesday, ground was broken on Nevada Pure, a marijuana farm to be located in east Las Vegas. When complete, it will be larger than a football field and be capable of growing about 18,000 plants at a time.

Nevada Pure co-owner Kathy Gillespie said that currently most marijuana growers in Nevada are licensed at-home patients or caregivers. There simply isn't enough marijuana for dispensaries to sell. Nevada Pure will clone plants donated by growers.

Thu
28
May

After medical marijuana, Sidecar eyes alcohol and pharmaceuticals

Earlier this month, Sidecar expanded its mobile ride hailing service to deliver medical marijuana in San Francisco. It’s not the only substance the startup wants to bring to your door.

Sidecar is in talks with potential partners to deliver alcohol and pharmaceutical drugs to its users, said CEO Sunil Paul. And in case you’re craving them badly, it will get them to you in an hour. It’s not yet delivering those items but plans to by the end of the year, Paul said in an interview Wednesday.

Thu
28
May

Canadian Marijuana Growers Say: Don’t Import Sativa from Australia

Why does the Canadian government show blatant disrespect for Canadian marijuana growers?

That’s the question many of us are asking when we learn the Canadian government is facilitating a marijuana importation scheme in cahoots with the Australian government and an Australian “medical marijuana” company called AusCann.

AusCann is based on Norfolk Island, off Australia’s coast.

The company says it’s using two hectares of grow space to produce at least a ton of “medicinal cannabis” for export to the Canadian medical marijuana distribution system. It intends to create a “multi-million dollar” business exporting marijuana to Canada.

Thu
28
May

Marijuana Pharmacy: U.K. Opens First Cannabis Pharmacy in London

Britain is now home to its first-ever cannabis pharmacy.

Called Carun, the pharmacy was set up by Czech entrepreneur Michal Takac, who told the Daily Mail that he started using hemp-based products after an industrial accident seven years ago in which he lost three fingers, underwent several surgeries and was eventually fitted with custom-made prosthetic fingers that function with electromagnetic electrodes.

When synthetic prescription creams did him no good for scarring and pain, he discovered Carun ointment—made from hemp oil in the Czech Republic where the hemp is grown.

Wed
27
May

New Denver hotel allows marijuana use

DENVER — In LoDo, the Nativ Hotel is set to open. Thursday through Saturday there will be a series of functions to welcome the boutique hotel that allows marijuana use.

“We have something for everyone here at Nativ,” said owner Mike Alexander. “We have door bells on rooms, living plant walls on our outdoor patios where guests can consume marijuana on their stays, the Stereo Lounge in the basement, and original art work throughout the hotel. We even have a coffee bar specializing in CBD infused lattes.”

Wed
27
May

Without Federal Input, Colorado Pot Is On Its Own With Pesticides

The marijuana industry has a pesticide problem.

Many commercial cannabis growers use chemicals to control bugs and mold. But because of the plant’s unresolved legal status, Colorado regulators are having a tough time making sure pot buyers don’t ingest those pesticides. The parts of the federal government that regulate agricultural pesticide use want nothing to do with legalized marijuana.

“In the absence of any direction, the subject of pesticide use on the crop has just devolved to just whatever people think is working or whatever they think is appropriate,” says Colorado State University entomologist Whitney Cranshaw.

Wed
27
May

Outsmart Regulatory Barriers with Entrepreneurial Engagement

Less than a year ago, Canary, a mobile marketplace startup, was referred to as the “Uber for marijuana.” The company was founded to cater to medical marijuana patients who were not always in close proximity to a dispensary, or who had trouble getting around due to illness. Canary was also valuable to dispensaries, which benefitted from reaching more customers.

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