Marijuana Business News

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Fri
17
Jul

Colorado edibles company recalls MaryMint Tincture after inspection

A Boulder company that manufactures cannabis-infused edibles has voluntarily initiated a state-wide recall on one of its products because of “a lack of temperature control during the manufacturing and distribution processes,” according to Denver’s Department of Environmental Health.

No illnesses have been attributed to the recall, the city confirmed.

The marijuana company, the Growing Kitchen, is recalling a breath spray product known as MaryMint Tincture after a Denver health inspector saw the product on the shelf of one of the city’s marijuana stores. The Growing Kitchen is asking stores and customers to destroy any remaining products, a number the edibles company estimates at around 60 packages.

Fri
17
Jul

Marijuana Legalization 2015: Denver TV Pot Ad Is First Legally Televised Advertisement For Weed

The first televised advertisement in Denver for legal marijuana is scheduled to air on local ABC affiliate KMGH, the Cannabist reported Wednesday. The advertisement for Neos, a company that extracts cannabis oil and sells it in loaded vaporizer pens, is slated to run July 20 at 10:35 p.m., prior to "Jimmy Kimmel Live." The 15-second ad was expected to be the first of several marijuana-related ads to run on KMGH, and it would likely be the first ever advertisement for pot on TV.

Fri
17
Jul

Multiple Detroit-area marijuana dispensaries busted in last week

CANTON, MI -- In the last week, Detroit-area law enforcement agencies shut down multiple dispensaries.

Raids, seizures and arrests occurred in Shelby Township last week and in Detroit Tuesday.

State Attorney General Bill Schuette's office on Friday authorized felony charges of conspiracy to deliver marijuana and delivery of marijuana against three Ypsilanti resident operating a dispensary in Canton.

That investigation began last September and culminated with execution of multiple search warrants in March. All three people charged pleaded not guilty.

Fri
17
Jul

Marijuana grow facilities going outdoors to reduce electricity usage in Pueblo County

PUEBLO COUNTY - As Colorado's marijuana industry grows at an incredible rate, so is the use of electricity to power the increasing number of grow facilities.  All this, as state deadlines for higher renewable energy requirements draw near, in just a few years. And Pueblo County is home to dozens of these grow operations, with no sign of business slowing down.

"Their electricity usage characteristically tends to be high density in nature," said Bret Jones, Black Hills Energy Sr. Program Manager, External Affairs.

A lot of lights, air conditioning and de-humidifiers are staples of an indoor marijuana grow. And in the past year and a half, Jones has seen the number of such facilities grow in the Pueblo County region.

Fri
17
Jul

Pot of gold: The new legal marijuana business has created once-in-a-lifetime opportunities

There are risks and challenges, but there also could be a pot of gold at the end of this entrepreneurial rainbow.

WELCOME TO THE weird world of legalized marijuana, with a cast of characters as novel and interesting as the product they’re crazy enough to sell.

Entrepreneurs include a World War II veteran born in 1921 and a University of Washington student born in 1993, plus felons, dreamers and a cupcake queen. Then there’s this bizarre trio: a 79-year-old nationally ranked bird-watcher, a 36-year-old surfer, and former Seahawks star Marcus Trufant, who together own a pot shop in Lacey, one of the state’s more than 150 (and growing) recreational marijuana stores.

Fri
17
Jul

Facing long odds, weed growers pull out the stops

Five coveted spots up for grabs as medical marijuana gets off the ground.

The nine-acre greenhouse outside Rochester leased by the Compassionate Care Center of New York is fully operational: It has temperature control and irrigation, and produces flowers, vegetables and, soon, with any luck, marijuana.

It will be no trouble to produce carefully engineered strains of medical marijuana by January, said Lewis Goldberg, a spokesman for the company. That's when the state's Department of Health has pledged to have New York's cannabis program up and running.

Fri
17
Jul

The Roll-Along

The weed-delivery business is not as exciting as High Maintenance.

For Maddy, it started with love. Two years ago, after her friendship with one of the two male founders of PK Delivery turned into something more, she decided to join his medical cannabis-delivery business. When her beau decided to take a step back and focus on another project, she took over full time. Since mid-2013, she’s been doing weed delivery—like High Maintenance, but more boring.

“It’s not exciting,” she says as we prepare to deliver to one of her regulars.

Fri
17
Jul

DigiPath (DIGP) Well Positioned to Take Advantage of $850M Cannabis Testing Market

WHITEFISH, MT / ACCESSWIRE / July 16, 2015 / There are many different ways to profit from the burgeoning cannabis industry, ranging from GrowBLOX Sciences Inc.'s (OTCQB: GBLX) growing solutions to Medbox Inc.'s (OTCQB: MDBX) dispensing technologies to Cannabis Science Inc.'s (OTCQB: CBIS) focus on the medicinal properties of the plant, but cannabis testing could be the most compelling.

Cannabis testing is expected to generate close to a billion dollars in revenue by 2020, according to a new report by GreenWave Advisors, a comprehensive independent research firm focused on the emerging legal cannabis industry.

Fri
17
Jul

David Seber: Hemp, a Sustainable Future

David H. Seber: President of Hemp Shield LLC

Fri
17
Jul

Women entrepreneurs 'the largest emerging market in the world'

Women could create millions of jobs if the companies they founded grew at the same pace as men's.

Tapping into this huge economic resource was the subject of a conference in Berlin, where attendees discussed what barriers women face around the world and what could be done to overcome them.

If women’s businesses flourished at the same rate as men’s, they would spark 15 million jobs in the United States, 74 million jobs in China, and 1.9 million jobs in France, according to the Global Women Entrepreneur Leaders Scorecard, which is research sponsored by Dell that crunches data from groups such as the World Bank and the United Nations.

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