Marijuana Business News

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Fri
24
Jul

UK: Legal cannabis field in Sussex raided by Facebook mob

A FIELD of harmless hemp was ransacked after Facebook users claimed to have discovered a ten acre patch of wild cannabis in rural Sussex.

Police were called after vandals ripped up the legal plants and tried to smoke them.

Landowner Keith Langmead said: “They can smoke it all they like, they won’t get high.

“They could have a bonfire of it and they still won’t get high.”

Farmer Nathaniel Loxley, 28, said people started stealing his plants after a message was posted on Facebook at the weekend.

“This is industrial hemp with no THC content, no psychoactive content.

Fri
24
Jul

Unfilled state regulatory jobs could delay medical marijuana openings in Las Vegas

Dozens of medical marijuana businesses in Las Vegas could face delays in their opening dates. The state isn’t rethinking the law that legalized the growth and sale of cannabis for patients’ use. Rather, it’s having trouble filling bureaucratic posts responsible for signing off on the dispensaries' compliance with that law.

After two recent employee departures, there are currently no inspectors based in Southern Nevada. In the meantime, one based in Northern Nevada has been traveling south when needed. The state is currently working to fill those vacancies.

Members of the medical marijuana industry are raising concerns about the turnover.

Fri
24
Jul

Did You Violate Federal & State Law When You Raised Capital?

No your not a white collar criminal, but what many founders do not know is that they may have violated federal and state securities laws through their efforts to raise capital.

Most founders obtain initial financing for their startups by tapping their savings, incurring debt, asking their friends and family for money and approaching professional investors.

Here’s the issue: Every offering of securities has to be either (1) registered with the Securities and Exchange Commission or (2) qualify under one of the applicable exemptions from registration.

Fri
24
Jul

Why Hillary Clinton can't just ignore marijuana in 2016

On Thursday, Gallup released a poll showing that 44 percent of Americans have said they've tried marijuana, the largest number the survey has ever recorded. This isn't too far off from what other polls have found (this Pew Research Center poll pegged the number at 49 percent), and given that people are being asked to admit to behavior that is illegal in most places, the true number is almost certainly higher. So we're past the point where most American adults have tried pot, which helps explain why support for legalization has also become a majority position.

Thu
23
Jul

SCCC may offer program in marijuana growing

Program eyed to train workers for medical cannabis facility

SCHENECTADY — A medical marijuana program could be coming to Schenectady County Community College this fall.

Fiorello Pharmaceuticals has pledged to provide $100,000 to SCCC if it is one of five contractors chosen by the state Health Department to provide marijuana to patients suffering from certain medical conditions.

The New York City-based company would open a facility in Glenville if it gets a license and is looking to launch a medical cannabis certificate program in Schenectady — the first in the nation, according to Fiorello — as part of a job-training partnership with the two-year college. The college may also help train developmentally disabled people to work at the facility.

Thu
23
Jul

The Audacious Rebranding of the Marijuana Industry

Entrepreneurs are trying to boost sales by steering pot toward the Whole Foods crowd.

Upon entering Dixie Elixirs's headquarters in Denver, you're greeted by a big sign that reads: "The Future of Cannabis." Since its 2009 founding, Dixie has updated its image from a "pot soda" company to a gourmet THC edibles manufacturer whose carbonated drinks and snacks, containing ingredients like pepita and sea salt, look like they could be found on a shelf at Whole Foods. 

It's just one example of how marijuana businesses are rebranding the plant to distance pot from its hippie-stoner-outlaw culture and show off its appeal to a health-conscious, kale chip-eating crowd.

Thu
23
Jul

Oregon Marijuana Advertising: The New Rules

Somebody once said that advertising is not necessary, unless you want to make money.

Like Washington and Colorado, Oregon will restrict advertising options for marijuana businesses. The Oregon Liquor Control Commission (OLCC) is currently writing advertising rules for Oregon’s recreational marijuana program. The new rules may be similar to the OLCC’s advertising regulations for liquor; or, they may be more like tobacco regulations, another smokable product. Draft rules should issue in late September.

Thu
23
Jul

'Quit Foot-Dragging With Weed'

In calling for the crafting of a road map to develop the fledgling ganja industry, Delano Seiveright, a director of the Cannabis Commercial and Medicinal Research Task Force, has renewed his warning that foot-dragging could result in the loss of potential economic advantages.

Speaking at the 'Imagine Jamaica: Unlimited Possibilities A Brand Jamaica Symposium' at the University of the West Indies, Mona, Seiveright suggested that the economic benefits of liberalising the ganja industry were huge.

"We can, in very short order, reassert our position as the world capital of ganja and move to spreading the obvious economic benefits across the board."

Thu
23
Jul

GrowBLOX Sciences is Making Big Moves in Anticipation of Opening Nevada Cultivation Facility ...

GrowBLOX Sciences is Making Big Moves in Anticipation of Opening Nevada Cultivation Facility

LAS VEGAS, July 23, 2015 (GLOBE NEWSWIRE) -- GrowBLOX Sciences, Inc. (OTCQB:GBLX), a biopharmaceutical company with state-of-the-art technologies in plant biology and cultivation designed to produce consistent medicinal cannabis, today announced that over the course of the next few weeks certain changes in management personnel and operating procedures would soon be implemented in preparation for the commencement of cultivation operations through our majority-owned subsidiary, GB Sciences Nevada, LLC.

Thu
23
Jul

This Lawyer Wants to Help the Losers in the N.Y. Marijuana Sweepstakes

David Marquez likes representing the underdog. 

With 31 years as a foreclosure defense attorney under his belt, he says he's used to fighting “against the establishment.” But this summer he’s gearing his Long Island practice up for a completely new kind of legal battle. Any day now, the New York State Department of Health will select five companies out of the 43 hopefuls that applied for licenses to grow medical marijuana. That means “38 pissed-off companies” may have a bone to pick with the state. And Marquez wants to be their go-to lawyer.

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