Marijuana Business News

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Tue
27
Oct

How You Can Easily Use Videos to Market Your Cannabis Business

In today’s marketing environment, every business should be taking advantage of video.

Over my career in marketing and advertising, every business that I worked with used video effectively. Although they were large companies, it did not matter.

In fact, it does not matter what business you are in or the size of your business. If you are in business, there is a way you can use video to market your business effectively.

My goal is to bring ideas to the table that will allow you to use video and hopefully spark some ideas on how your business can take advantage of video in your marketing mix.

Tue
27
Oct

Kannaway, an MJNA Company, Innovates the MLM Industry With New Comp Plan and Proprietary Hemp Oil CBD Products

The Award-Winning Relationship Marketing Company Announces Resources for Brand Ambassadors to Significantly Grow Their Businesses

Tue
27
Oct

Marijuana Dispensaries and Banking

During the Hawai’i State Bar Association Convention on Oct. 23, Commissioner of Financial Institutions Iris Ikeda presented considerations for banks and other financial institutions when dealing with marijuana-related businesses.

Medical marijuana dispensaries could begin to do business as early as July 2016, but before then, banks and financial institutions should prepare.

Mon
26
Oct

Strong Genetic Foundation is Key to Cultivation Success

Yes, 2015 is an exciting time for the legal Cannabis Industry as marijuana news now reaches the mainstream population hourly.

Celebrating these headlines is exciting for advocates and consumers alike, but many staunch marijuana supporters aren’t content just reading about the emerging industry — they want to participate in it.

Securing a legal license to operate a marijuana business is a complex process, but let’s assume we are among those awarded such a license in a recently minted marijuana state. How then do we begin the cultivation process?

Mon
26
Oct

Enertopia Announces Filing of Provisional patent for V-Love(tm)

Vancouver, BC / TheNewswire / October 26 2015 - Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the "Company" or "Enertopia") announces it has applied for patent protection of V-LoveTM with respect to claims involving lubrication, pH balance and the bioavailability of certain vitamins and minerals via absorption through the vaginal mucosal membrane.

Enertopia has filed a provisional patent application with the United States Patent and Trademark Office regarding its technology.

Mon
26
Oct

Marijuana legalization could draw U.S investment bonanza to Canada

Friendlier laws on medical marijuana use in Canada are already drawing American investment north or the border, and the trend is likely to further ignite if the federal Liberals make good on their promise to allow recreational use of the drug.

Poseidon Asset Management, a San Francisco-based hedge fund focused squarely on the cannabis space, says it is considering boosting its Canadian holdings following Justin Trudeau's election win.

You're going to see a lot of U.S. marijuana companies listing on the Canadian exchanges up here
- Analyst Khurram Malik

"We have one core holding up there currently but we would love to expand that," says Morgan Paxhia, the hedge fund's founding partner and chief investor.

Mon
26
Oct

Few Vancouver marijuana dispensaries move on in application process while others ordered closed

Vancouver marijuana dispensaries that did not submit a licence application last summer must close their doors “immediately”, the city has warned, or “be subject to enforcement action”.

“The City inspects these businesses regularly,” states an October 26 media release. “As with other businesses, the City will use a range of enforcement tools, including fines and legal action.”

That was included in an update on a licensing process that the city began last June with the adoption of a new legal framework for marijuana-related businesses.

Mon
26
Oct

Hemp jobs and new purpose for Pueblo rocket plant

Economic development package from city of Pueblo for joint venture between O.penVape and Thar Process Inc. includes $4.89 million in help retrofitting long-vacant Boeing rocket plant for hemp oil extraction

A defunct Boeing rocket plant in Pueblo will be converted into a hemp oil production facility that will employ 163 people by 2018, Pueblo Economic Development Corp. said Friday.

The jobs are expected to pay an average of $41,590 plus benefits. This is the biggest jobs announcement by PEDCO since 2008, when Vestas said it would hire 450 people, the Pueblo Chieftain reported.

Mon
26
Oct

Illinois lawsuit against Colorado marijuana consultant dismissed

 

AUKEGAN, Ill. — A judge in Lake County has dismissed a lawsuit that claimed a Denver consultant was highly involved in too many Illinois medical marijuana growing facilities.

Judge Mitchell L. Hoffman last week ordered the complaint against Kayvan Khalatbari (KAY’-vohn Kahl-aht-BAR’-ee) dismissed “with prejudice,” a legal term that generally means the plaintiff can’t file the same complaint again.

Khalatbari is a co-founder of Denver Relief, which has retail and cultivation operations in Colorado and offers consulting services in other states.

Mon
26
Oct

Washington to Collect $1 Billion From Pot Taxes in Next 4 Years

The state of Washington has projected that it will collect $1 billion in sales tax revenue over the next four years as a result of legal marijuana sales. In the first year of legal sales, the state collected $67.5 million, and that total is forecast to rise to $154.6 million this year.

In 2017 the state is looking to collect $267 million, while the projections for 2018 and 2019 rise to $333 million and $369 million, respectively. That comes to $1.12 billion. State revenues for the four years are projected at $79.1 billion, of which legal marijuana sales will account for about 1.4% of the four-year total. Not exactly the end of the rainbow, but a welcome addition to the state’s general fund and its health services budget.

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