Marijuana Business News

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Sun
20
Sep

Schumer Calls On Feds To Shut Down Websites That Sell Synthetic Marijuana

NEW YORK (CBSNewYork) – Sen. Charles Schumer wants the federal government to do more to stop the flow of synthetic marijuana, also known as K2.

Synthetic marijuana can be purchased online with a credit card, WCBS 880’s Jim Smith reported.

“These drugs are more dangerous and can have worse side effects than marijuana,” Schumer said.

Schumer says websites from China selling the dangerous substance are still easily accessible, Smith reported.

Schumer: DEA Should Help Shut Down K2 Websites

Sun
20
Sep

My First Oregon Medical Marijuana Business Conference

As new cannabis activist, the Oregon Medical Marijuana Business Conference was exactly the event I had hoped it would be. I learned a ton about the emerging cannabis industry, like all the specifics with Oregon’s new laws and regulations, and I got a chance to hear great insight from industry experts. Because everything is so new, events like this are critical to success. The more we come together and educate each other now, the better things will turn out in the long run for Oregon’s legal marijuana industry.

Sun
20
Sep

Weekly US Cannabis Spot Price Index

U.S. Cannabis Benchmark Spot Index down 9% to $1,948 as harvest begins. The national price decreased by $185 per pound week-on-week, after reaching $2,133 last week, in what currently appears to have been the seasonal peak.

The fall harvest season has begun. Depending on local climate and the strains being grown, outdoor growers will generally harvest from mid-September to mid-November. Kushes and other indica-dominant strains are ready for harvest earlier, while sativa-dominant varieties require more time to mature if they are to be considered high-quality and exhibit fully the characteristics desired by consumers.

Sun
20
Sep

U.S. PATENT OFFICE ISSUES CANNABIS PRODUCT TRADEMARK TO HEALTH AND BEAUTY CARE COMPANY

[Press release] The United States Patent and Trademark Office recently granted trademark protection for Cannabis Basics’ company logo, which features a watermark of a Cannabis leaf with four hands inside. Cannabis Basics’ product line includes health and beauty products featuring hempseed oil as an ingredient. While registration of Cannabis Basics’ trademark is specific to its unique type of health and beauty products, it is a major step towards mainstream acceptance of Cannabis as an everyday consumer good.

Sun
20
Sep

Riding the Easton Pharmaceuticals Inc Express

Easton Pharmaceuticals Inc (OTCMKTS:EAPH) continues to trade well at established support levels just over $0.056 52-week lows. EAPH has a history of explosive moves running from sub pennies to a dime in early 2014 when pot stocks ruled the bb’s.

The shell has been around for years and was initially formed as L.A.M. Pharmaceutical, Corp on July 24, 1998. After a 3000 for 1 reverse stock split in 2009 the Company changed their name from LAM Industries Inc., to Easton Pharmaceuticals Inc.,

Sun
20
Sep

GW Prescription drugs' Schizophrenic Marijuana Drug Knowledge

GW Prescription drugs ended up 7.6% yesterday after saying in a press launch headline that the corporate had "Constructive Proof of Idea Knowledge in Schizophrenia" for its cannabidiol, or CBD, drug.

Sounds nice, proper? With proof of idea in hand, the corporate simply wants to verify the part 2 outcomes and every thing is grand. Hooray for science. And medical marijuana derivatives. And sufferers. And buyers.

There’s only one drawback: proof of idea implies that you simply had a speculation, examined it, and it turned out to work, albeit on a scale smaller than is important to get the drug permitted.

Sat
19
Sep

Todays Stock Spotlight is United Cannabis Corp. (OTCBB:CNAB)

United Cannabis Corp. (OTCBB:CNAB) is an interesting story developing in small caps that currently sits a hair over all-time lows and proven support levels.

CNAB got everyone’s attention back in 2014 when it ran from pennies to well over $10 a share during the pot stock boom that swept up the bb’s.

United Cannabis Corp. (OTCBB:CNAB) was founded to provide leadership for the medical cannabis industry by offering patient-driven solutions intent on improving biomedical and pharmaceutical pursuits through the use of cannabis-based research, products and services.

Sat
19
Sep

Sen. Kefalas: Let Colorado keep marijuana tax

When it comes to the fiscal underpinnings of Colorado government, the moving parts — and rules regulating them — are almost too many to count.

But with undisputed needs in areas including transportation, affordable housing and education, how do the parts work together and which ones can be jimmied so the state can pay for its needs?

State Sen. John Kefalas, D-Fort Collins, expects several attempts to change Colorado’s tax collection and refund policy in coming months, even if temporarily.

It all starts in November, when the state asks voters to let it keep $58 million in marijuana sales taxes.

Sat
19
Sep

IL: Medical marijuana dispensary in Canton on the verge of opening

CANTON — The owners of Salveo Health and Wellness hope to be dispensing medical marijuana within the next few weeks.

Scott Miller, CEO of Salveo, 3100 N. Main St., says he’s mainly waiting on two things before opening his doors to people who qualify to use medical marijuana for any of 38 diseases: for the State of Illinois to complete the verification system and for the first crop to be ready for cultivation.

Miller told a crowd of over 30 during an educational seminar Wednesday evening that the finishing touches on the dispensary, the only one of its kind in the region, were just finished a few hours earlier.

Sat
19
Sep

Should medical marijuana be legalized?

Is it time to give the sick access to this inexpensive cure?

Ira* has a condition called multiple sclerosis, which debilitates her brain, spinal cord, and nerves. Every attack is different: Sometimes, upper and lower extremities weaken. On some days, she goes blind. Often, Ira cannot stand, or walk, which for MS patients, can become extremely painful. Due to her illness, Ira has wrestled with bouts of depression and helpless agony. So when a cured epileptic patient told her his story about the miraculous effect of cannabis oil, she had to try it. She uses it sparingly: Two drops before sleep, and her tremors dwindle.

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