Marijuana Business News

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Fri
10
Apr

'Weed the People': The highs and lows of legal marijuana

In “Weed the People,” Bainbridge Island author Bruce Barcott delivers a thorough and entertaining survey of the burgeoning legalization of marijuana in the U.S. Barcott appears April 15 at Seattle’s Elliott Bay Book Co.

‘Weed the People: The Future of Legal Marijuana in America’ by Bruce Barcott Time, Inc., 400 pp., $22.95

Fri
10
Apr

DC Falafel Shop Launches Pot Pairing Menu

Over the past year, Washington, D.C. has become a lot more marijuana-friendly. Last summer, the District Council decriminalized the drug. Then, in November, voters in the nation’s capital passed a ballot measure completely legalizing possession and cultivation.

Now, a local falafel joint is offering a a special line of sandwiches it says pair well with specific cannabis strains.

Describing one new creation, for example, the Amsterdam Falafelshop menu says, “The root vegetables and tahini complement the earthy pine scent and woodsy undertones of the OG Kush strain.”

Fri
10
Apr

5 Business Lessons from Non-Business Books

Entrepreneurs use their surroundings to inform their businesses, and often books can be the biggest source of inspiration. It’s important to look for ideas beyond the obvious business books like, “How to Win Friends and Influence People,” “Lean In,” or “The 10X Rule.”

 Sometimes the most influential books are works of fiction – the titles you read as a child or in your undergrad literature classes.

Novels don’t overtly teach us business lessons or the best way to scale a business; instead, what they teach are life lessons that, when applied to starting and growing a business, can lead to success. Here are the best business lessons that my favorite books have taught.

 

Fri
10
Apr

'Marijuana Week' Is Coming To DC

Well that didn't take long. Only a couple months after D.C.'s marijuana legalization laws took effect, investors are already planning a convention to figure out how they can get in on the green rush. (No, not that Green Rush, but if any investors are interested in investing in that column, I'm willing to sell out in .01 seconds. Growing weed is expensive).

Fri
10
Apr

Michigan marijuana legalization group to submit ballot language, 'crowdfund' campaign

LANSING, MI -- A new group seeking to legalize recreational marijuana in Michigan has a jump start in the race to the 2016 ballot.

The Michigan Cannabis Coalition -- one of three groups that may launch pot legalization petition drives -- plans to submit proposed language to the Secretary of State on Thursday for review by the Board of State Canvassers prior to public circulation.

Fri
10
Apr

The Other Marijuana Boom

 

When recreational marijuana was legalized in Colorado in January of 2014, it promised to be a boom for those who were ready with their brick and mortar stores and new licenses. Growing as rapidly as weed are ancillary businesses that cater to these new marijuana pioneers. You only need to walk inside the massive grow operation at establishments like Medicine Man to realize that marijuana demands sophisticated lighting and cooling systems as well as excellent soil and fertilizers to keep the plants happily budding. To protect the plants, growers and retailers need elaborate security systems. Once harvested, marijuana needs to be sold in specialized packaging. Ancillary products are flourishing as the marijuana economy takes off.

Fri
10
Apr

Nanaimo, BC, gets a boost from the next big thing: medical marijuana

Canadian cities looking for ways to jumpstart economic growth should maybe take a lesson from Nanaimo, B.C., which says it is reaping the benefits of a growing medical marijuana plant that opened last year.

Fri
10
Apr

Carbondale lab blazing a trail in Colorado marijuana testing

When Carbondale’s GreenHill Laboratoriesopened this week, it became the only facility on the Western Slope offering microbial testing on cannabis.

The lab is one of just three certified by the Colorado Department of Public Health and Environment for potentially dangerous mold such as Aspergillus and bacteria including E. coli and Salmonella, which are commonly regulated in commercial consumables.

After a year of build out, documentation and review, GreenHill received its certification on March 24 and had its first customer Tuesday. Validation for potency and homogeneity testing is pending.

Fri
10
Apr

Federal Reserve official in Colorado for info on marijuana banking issues

A federal banking official took the unprecedented step Thursday of meeting with marijuana business owners, as the pot business awaits word on setting up its own bank.

Kansas City Federal Reserve President Esther George held a closed-door meeting with about 20 representatives of the marijuana industry.

The meeting was arranged by two Colorado congressmen who have tried unsuccessfully to pass laws expanding banking access for the marijuana industry, Democratic Reps. Ed Perlmutter and Jared Polis.

Thu
09
Apr

Duluth City Council may tighten restrictions on medical marijuana

Come Monday, the Duluth City Council could adopt an ordinance designating where medical marijuana growing  operations or dispensaries are allowed to set up shop in the future.Alternatively, city councilors could opt to amend the proposed ordinance, effectively shrinking the zone in which marijuana operations could locate.Although he was absent from Thursday’s agenda session meeting, 5th District Councilor Jay Fosle has proposed the city increase the required setback from residential developments.The Duluth Planning Commission called for a minimum setback of 200 feet in a motion that passed by a 6-1 vote last month.

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