Marijuana Business News

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stocks
business
Sat
31
Oct

Bill waiting approval for medical marijuana in Rochester

An emergency bill for medical marijuana is on Governor Andrew Cuomo's desk after being passed by both houses of the legislature.

It's up to the governor to either sign the bill into law or veto it. If this bill passes, they say it would allow the medical marijuana plant in Rochester to open earlier. 

Right now, it is scheduled to open in January. We heard from one local lawmaker Saturday about why he thinks it’s so important for this bill to be signed into law.

Sat
31
Oct

Growing Concerns: Marijuana Industry Hit with Its First Ever Product Liability Lawsuit

The cannabis industry is taking a hit.  The nation’s first cannabis product liability lawsuit was filed in Colorado and challenges the cannabis industry’s production process.

Sat
31
Oct

Business, arts, sports figures behind Ohio marijuana issue

COLUMBUS, OHIO — Deep-pocketed investors in an Ohio marijuana legalization campaign this fall have been the focus of debate over Tuesday's Issue 3.

Roughly two dozen known individuals — and an indeterminate number of others — will have exclusive rights to 10 initial growing sites located across the state. Among them are an Olympic gold medalist, a former boy band star, a fashion designer and the descendant of a president.

The pro-legalization ResponsibleOhio campaign has argued it was necessary to provide investors a monetary guarantee in order to raise the cash needed to mount an expensive statewide ballot campaign.

Sat
31
Oct

Arizona's Reefer Mad Bill Montgomery Compares Marijuana Expo to Violent “Cartel Members ...

This week I had the good fortune to cover the SW Cannabis Conference and Expo in my first gig with CannabisRadio.com.

Sat
31
Oct

Cannabis Startup Tradiv Closes $1M Financing Round

Tradiv, which runs an online platform that helps with wholesale deals in the marijuana industry, has cemented a $1 million round of funding to assist sustain its development.

The company formally launched on Oct. 1 after completing a company accelerator program with CanopyBoulder in June. It had the ability to raise the $1 million through connections with the ArcView Group, Poseidon Asset Management, TL Partners and Anslinger Capital.

Tradiv aims to connect buyers and sellers (merchants, growers and infused products makers) of wholesales marijuana items via an online marketplace.

Sat
31
Oct

Bad News: We May Have a Marijuana Problem on Our Hands

Marijuana has been something of an unstoppable force over the past two decades. After being completely outlawed in all states in 1995, marijuana in 2015 can now be legally sold in 23 states for medicinal purposes (as well as Washington, D.C.), and it can be sold legally for recreational use to adults ages 21 and up in four states (and Washington, D.C.).

Sat
31
Oct

Marijuana next door: Cincinnatians weigh in

The potential legalization of marijuana in Ohio has elicited mixed reactions from the communities surrounding the three possible grow sites in the Cincinnati area.

The proposed Issue 3, which would legalize both recreational and medicinal use of marijuana in Ohio for adults 21 and older, names Anderson Township, Clermont County and Middletown as three of the 10 designated sites where marijuana could be grown if ResponsibleOhio’s legislation passes in November.

Sat
31
Oct

Dixie Brands Expanding its Cannabis Operations to 3 More States

“Pot Baron” Tripp Keber, the CEO of Dixie Brands who has been called the “Willie Wonka of Weed” by some, was the cover story on the September edition of mg Magazine, an impressive new cannabis-industry focused endeavor by CANN Media. Thomas Hymes does a masterful job of capturing Keber’s persona and describing the challenges and opportunities for the maker of premium infused marijuana products. Dixie Brands has expanded from its home state of Colorado to California recently, but the company is preparing for a broader expansion:

Sat
31
Oct

HempFlax boosting European hemp market with brand new factory in Romania

On Friday the 16th of October 2015 Sensi Seeds’ daughter company HempFlax opened a brand new factory in the Alba region of Romania. A new and very special chapter for the company that aimed to relaunch the hemp industry 20 years ago, and is successfully doing so.

Sat
31
Oct

It All Starts with a Seed

If you wanted to grow your own cannabis in the 1970s, your choices for genetics were extremely limited. One could take back seed but the available Columbian, Mexican and Thai were all equatorial sativas, which were not well suited for more northerly climes. Plus, Finishing times were too long to really produce high-grade bud. During the 70s, intrepid travelers began bringing back seeds from Afghanistan. These were short, stocky indicas, traditionally used for hash production. Thus the era of skunk began.

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