Marijuana Business News

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Thu
09
Jul

The Soft Underbelly of Marijuana Investing

We were recently invited to the Harvard Club in New York City to cover a conferenceon cannabis investing as a roving reporter. The Harvard Club seemed to be more tweedy than weedy. Our interest flagged when we learned that there would be no edible samples at the conference. We wondered at the insensitivity of the conference organizers.

Even though there was nothing we could really sink our teeth into, on closer inspection there were points of interest. The conference was probably an excellent snapshot of the industry today.

Thu
09
Jul

Cannabis grower hungry for 4x the space

It’s almost moving day for a Denver marijuana grower who is about to more than triple the size of his operation.

Premium Pete’s owner Luke Ramirez expects to sign a lease in the next two weeks to move his recreational cannabis grow from its 3,000-square-foot warehouse near Stapleton to an 11,000-square-foot location along the I-70 corridor.

“We’re going to be increasing production by 800 percent,” Ramirez said. “We’ll be producing just under 240 pounds per month once we reach full capacity. Right now, we’re a little bit over 20 pounds per month.”

The project won’t sprout up overnight. Once the lease is signed, Ramirez will begin a nine-month, $3 million construction project to maximize the warehouse’s efficiency.

Thu
09
Jul

NY: Cuomo liaison quietly pushes marijuana bid

ALBANY — One of Gov. Andrew Cuomo's top liaisons in New York's Jewish community is quietly pushing for a lucrative license to dispense medical marijuana, and recently expressed confidence to a competitor that he will win one from state government in the coming days, email records show.

Thu
09
Jul

HerbFront Expands Access to Powerful Mapping Technology With New Subscription Model

Chicago, Illinois (July 7, 2015) – HerbFront Inc. is pleased to announce a new subscription-based model that will provide users with unlimited listings and searches on the only real estate platform exclusive to the cannabis industry.

HerbFront is the nation’s first real estate exchange platform for the legal cannabis industry. The platform caters to those looking to sell a qualifying property as well as those searching for the best real estate to launch their cannabis business.

Wed
08
Jul

Two bills regulating marijuana industry advance

Two bills aimed at regulating California’s marijuana industry cleared key hurdles in the state Legislature on Wednesday after one North Coast lawmaker hauled a live pot plant into the Capitol to illustrate the value of the lucrative crop.

State Sen. Mike McGuire’s Medical Marijuana Public Safety and Environmental Protection Act, SB 643, advanced from the Assembly Business and Professions Committee on Tuesday and heads to the Health Committee next week.

The bill would establish a broad regulatory structure for California’s medical marijuana industry, which has been plagued by ineffective and confusing rules despite being legal at the state level since 1996.

Wed
08
Jul

American Green Creates Colorado Subsidiary and Formalizes the Union With Herbal Elements for a Legal Cannabis Grow and Extraction Operation

TEMPE, AZ--(Marketwired - Jul 7, 2015) - American Green, Inc. (OTC PINK: ERBB) announced today that it has successfully completed the formation of American Green - Colorado Inc., a corporation formed in Colorado for the purpose of advancing the deal first announced to shareholders and the public in September of 2014. Herbal Elements will bring local licensing, relationships, knowledge and its corporate assets to the deal. American Green will support the build-out with it's proprietary technologies such as Truth Lighting and TrackX for the general expansion of CBD-rich cannabis strains.

Wed
08
Jul

Illinois: Medical Marijuana Businesses Are Hiring

As Illinois' fledgling marijuana industry slowly gets underway, some companies have begun hiring in anticipation of opening in the coming months, attracting a diverse set of candidates willing to take a chance on a business with an uncertain future so they can get in on the ground floor.

Take Rick Bower, 58, of downstate Dwight. After working for 31 years at commercial printing giant RR Donnelley, Bower has been hired as the inaugural director of warehousing at PharmaCann, where he will bring his expertise in workflow standardization and quality control to its Dwight and Hillcrest cultivation centers.

Wed
08
Jul

HomeIs Israel's Medical Marijuana Leader Coming to America?

Israel’s leading producer of medical marijuana is joining a local group vying for a coveted license to distribute the drug in New York State.

Tikun Olam, which serves about a third of Israeli medical marijuana patients, has joined forces with the Compassionate Care Center of New York (CCCNY) in hopes of winning one of five licenses. If the state grants CCCNY the license, Tikun Olam will ship their products and conduct research through the group starting in January.

Forty-two other companies applied for the licenses, including a handful of health groups with Jewish ties.

“We’re looking for occasions to be involved,” said Tikun Olam’s CEO, Aharon Lutzky. “We found [in] CCC in New York a wonderful team and very serious people.”

Wed
08
Jul

It was only a matter of time before the 'Birchbox of marijuana' launched in California

Melia Robinson/Business Insider

The Guild, a subscription-based marijuana delivery service, launched in San Francisco, California, this year — on April 20, or "420," no less.

Founded by two New Yorkers who transplanted west in pursuit of like-minded cannabis users, The Guild is being dubbed the "Birchbox of marijuana" for its familiar business model.

Wed
08
Jul

Learn How To Market Your Oregon Marijuana Business

There are a lot of people that know how to grow marijuana. There are a lot of people that know how to make edibles. There are even a lot of people that know how to make concentrates. However, it’s fairly rare that someone knows how to not only grow marijuana and make marijuana products, but they also know how to make their products stand out. To make matter worse, there are not a lot of people in the marijuana industry that can offer up sound advice on the topic because either they don’t have much experience with marijuana branding, or they don’t have a track record of success with marijuana branding.

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