Marijuana Business News

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business
Thu
01
Oct

Medical marijuana ad blitz going into effect

One of the state’s largest medical marijuana companies wants to make sure seriously ill Illinoisans consider the new drug.

Cresco Labs has created a huge, statewide media blitz promoting the state’s program.

There will be print and radio ads, billboards and a social media campaign, Cresco founder Charles Bachtell said. The billboards will be visible next week, he said.

The advertising blitz — costing the company “seven figures” — is meant to educate people about the program and “normalize” it, he said.

“This program here in Illinois is a true medical program,” Bachtell said.

One of the ads says: “Comfort is a cause we can all get behind. Medical Cannabis is here. And it’s not what you think.”

Thu
01
Oct

CANNABIS INVESTING 101: THE SEC FILINGS AND EDGAR DATABASE BIBLE

DIY investors have ready access to more information resources than ever before, but the SEC filings remain the benchmark. This guide is designed to help newcomers understand how to get into the system, and once there how to find your way around the dimly lit hallways. With a few quick tips you can be off and running, and most importantly, have a sense of what’s most important when you dive in.

Thu
01
Oct

MJIC Inc. Invests in Willie’s Reserve Offering, Becomes Limited Partner

NEWPORT BEACH, Calif., Sept. 30, 2015 /Weed Wire/ — MJIC Inc., a private holding company focused exclusively on the legal cannabis industry, today announced its investment in Willie’s Reserve, the premier cannabis brand from country music legend Willie Nelson. Through this investment, MJIC has become a limited partner in Willie’s Reserve, joining lead investor Tuatara Capital, an alternative investment manager for companies in the legal cannabis industry.

Thu
01
Oct

Work in Weed – Cultivate your Cannabis Career through Stonius

The most successful investor of the 20th century, Warren Buffet, knows a thing or two about career choices. “There comes a time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind to keep taking jobs that you don’t like because you think it will look good on your résumé.”

Thu
01
Oct

4 Ways to Grow Your Cannabis Edibles Business

Many edible companies start small. And while “handmade” can still be a great selling point to customers, in practice it can be an impediment to the growth of your cannabis edibles business. As demand grows and your employees (and their workspace) max out in terms of production, how are you going to grow your business to capitalize on the opportunities in the edibles space?

These four tips are designed to help you grow your cannabis edibles business in a manageable and scalable manner.

 

Thu
01
Oct

Kush Bottles Named 3rd Fastest Growing Private Company in Orange County

SANTA ANA, Calif., Sept. 30, 2015 /PRNewswire/ -- Kush Bottles (www.kushbottles.com), North America's premier supplier of customizable child-resistant packaging solutions and accessories for the legal cannabis industry, announced today it had been ranked by the Orange County Business Journal as the 3rd Fastest Growing Private Company in Orange County.

With its continued strong revenue growth, the compliant packaging solutions provider is 3rd on the list of fastest growing small private companies, and is the top ranking cannabis industry business on the list.

Thu
01
Oct

Denver Post awarded for marijuana coverage by Online News Association

he Denver Post has won a prestigious national digital journalism award for its coverage of the legalization of marijuana in 2014.

The Online News Association awarded The Post the top prize for topical reporting among large news organizations Saturday at its 15th annual conference in Los Angeles.

The Post's entry included a three-part series focused on 12-year-old Preston Watson and his mother, Ana, who left North Carolina for Colorado in the hopes of helping the boy's debilitating seizures with CBD, an oil extract of marijuana. The entry also included The Cannabist, the website that covers cannabis culture in Colorado.

Wed
30
Sep

Crafting a Marijuana Business Contract That Will Stand Up in Court

A few weeks ago we ran a post examining the “illegal” nature of marijuana contracts and the challenge of enforcing such agreements, entitled, “Your Cannabis Contract: Is it Worth the Paper its Written On?” Today we follow up on that post and discuss how to draft your contracts so they have the best chance at enforceability. Although states are increasingly moving towards partial or full legalization, as long as federal prohibition remains the law of the land, your adversary in a contract dispute has a colorable illegality argument that you need to be ready for.

Wed
30
Sep

Israel Has Potential to Become Global Cannabis Superpower

At first glance, Israel may not seem to be a country with the most potential in cultivating a powerful cannabis industry. With strict religious laws and guidelines that govern the country, it would be easy to believe that marijuana is the last thing on the Israeli government’s’ minds.

Wed
30
Sep

Best Practices for Manufacturing Cannabis Concentrates

At its legal retail inception, the cannabis industry expected it would prosper with traditional flower sales, but concentrates have proven to be the industry’s dark horse and have dramatically changed the landscape for cultivators, manufacturers and retailers.

Concentrates can be consumed in their extracted form or they can be used in new intermediate product forms to infuse products such as edibles, balms and tinctures. Depending upon factors involved in the extraction method, concentrates can result in different final forms, such as hash oil, wax, shatter and crumble, among others.

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