Marijuana Business News

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Sat
07
Nov

Santee Sioux Tribe Suspends Marijuana Operation

FLANDREAU, SD - 

The Flandreau Santee Sioux Tribe is burning millions of dollars worth of marijuana intended to be sold in the nation's first pot smoking lounge on tribal land, KELOLAND News has confirmed.

A source tells KELOLAND News that the decision was made because the tribe didn't want to deal with the ongoing controversy with the federal government. Instead, they want to sell marijuana the right way and the safest way possible.

Sat
07
Nov

DEA Chief Says Medical Marijuana Is A Joke, This Is Why He's Wrong

This morning, CBS posted a series of quotes from the newly appointed DEA chief Chuck Rosenberg regarding the legitimacy of medical marijuana. In his statement, he says that marijuana is not medicinal, and that smoking it has never been shown to be a safe or effective form of treatment for various conditions.

“What really bothers me is the notion that marijuana is also medicinal — because it’s not. We can have an intellectually honest debate about whether we should legalize something that is bad and dangerous, but don’t call it medicine —that is a joke.”

Fri
06
Nov

Maryland's nascent medical marijuana industry already booming

 

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Maryland's nascent medical marijuana industry already booming

Medical marijuana license applications
Erin Cox / Baltimore Sun

Fri
06
Nov

A Press Release From Gaia's Garden regarding the recent recall

First and foremost, we at Gaia's Garden wish to apologize to our industry partners and colleagues, and especially our customers and patients. The recall of some of our products is very disappointing. We pride ourselves on both the effectiveness and safety of our products, and it is upsetting that this managed to occur despite our diligent efforts to produce only the highest quality and fully compliant products. While we were not the source of the contaminated cannabis, we take full responsibility for the products we produce. Although disappointing, this recall has already led us to take extra steps in validating all cannabis on intake and to continue going the extra mile to ensure that any cannabis we use in production is fully compliant, tested and safe for consumption. 

Fri
06
Nov

Dreaming of the billion-dollar high in California’s marijuana green rush

It is Friday night and I am standing on the doorstep of my San Francisco apartment looking down in disbelief at the neatly packaged, vacuum-sealed bag of green-grey marijuana buds in my hands which has just been delivered by a friendly and courteous driver, 16 minutes after it was ordered online. An eighth of an ounce (3.5g) of Purple Platinum cost $25 after a $20 promotional discount. The payment was cash only. The label lists the strain – apparently a classic of the state’s marijuana-growing region – along with the retail dispensary that supplied it. Everything is legal.

Fri
06
Nov

Meaningful Work Should Be Every CEO’s Top Priority

I was speaking this week with a new CEO of a new public company that is just being spun off from their parent company. Imagine all the important tasks on his plate involving investors and customers. And yet he told me his top priority is getting his employees engaged in the mission of their new company and helping them see how their industrial products are really becoming technology products and playing an important role in the lives of their customers.

He’s not alone. Gallup tells us that 87% of global employees are disengaged, so it should be the top priority for every CEO.

Fri
06
Nov

Marijuana's Next Step: CannaFo Creates Cannabis Hub

BEND, Ore.Nov. 5, 2015 -- The Marijuana/Cannabis industry just came into full bloom with a major online resource for one of the nation's fastest-growing industries. CannaFo.com has harnessed technology to become the world's first comprehensive online directory, marketplace, news portal, growing advice resource and social media platform.

Fri
06
Nov

New England Cannabis Network brings medical marijuana event to Portland

This weekend, the region’s largest medical marijuana convention series makes its first sojourn north to Maine. The New England Cannabis Network will hold the two-day event at the University of Southern Maine, giving the public the opportunity to engage with medical marijuana dispensaries, doctors and caregivers, as well as more than 60 local and national cannabis industry businesses and retailers with products for sale.

A previously planned convention in Maine was pushed back due to scheduling troubles, according to Marc Shepard, co-founder of NECANN, but the success of earlier shows in Boston and Providence encouraged their push to have it here.

Fri
06
Nov

GreenWave Advisors Increases US Marijuana Industry Forecast To $25 Billion By 2020

GreenWave Advisors, LLC an independent financial research and advisory firm serving the burgeoning cannabis industry, will release the second edition of  "The GreenWave Report: State of the Emerging Marijuana Industry – Current Trends and Projections". This report provides an unparalleled state by state review and analysis of market dynamics in the legalized U.S. marijuana markets and provides an outlook for industry growth through 2020.

Fri
06
Nov

Concerns over Marijuana Ruling in Mexico

Together, they form the Mexican Society for Responsible and Tolerant Personal Use, whose Spanish acronym spells “SMART“, hoping the Supreme Court will rule in their favor on Wednesday.

The court’s decision could hasten efforts by Mexico’s states to change their drug laws, which have so far yet to advance beyond limited debate over the use of medical marijuana.

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