Marijuana Business News

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stocks
business
Wed
22
Apr

A sweet, single-serving lesson on marijuana edibles

DENVER, Colorado — The edibles market in Colorado is sweet on education.

But smoking marijuana and consuming a THC-infused edible create two vastly different experiences. So when the state legalized recreational marijuana, allowing any adult over the age of 21 years to purchase cannabis products, guidelines for edibles consumption needed to be put in place.

The dosages on marijuana edibles aren't just for those experimenting with cannabis for the first time — or the first time since their college days — they're for everyone. Prior to the state of Colorado setting a standard dosage, most people didn't know the size of a single-serving.

 

Single-serving cannabis-infused cookies.

Wed
22
Apr

Companies Try to Trademark Scents

Federal trademark officials in Alexandria, Va., recently received an unusual package: a hand-delivered parcel containing vials of a clear liquid that smelled of oranges.

The sender wasn’t a crank. It was a corporate trademark lawyer representing Flotek Industries Inc., a Texas producer of hydraulic-fracturing fluids used to extract oil and gas from rocks deep in the earth.

Wed
22
Apr

4 Reasons Why You Should Be Branding Yourself

Every business owner knows the importance of branding their business by picking a name customers remember and with offering services or products people will keep coming back. Branding your business is certainly important and necessary, but branding yourself is even more important. No matter what niche you’re involved in, you probably have competitors. What makes you different than your competition? Well, that’s what personal branding is all about, letting your customers know exactly what makes you different, and better than the rest.

Wed
22
Apr

The Side of the Marijuana Debate That No One Is Talking About — But Everyone Should

On July 1, Oregon will become the third state to allow the sale, possession, cultivation and private use of marijuana inside its borders. Like Colorado and Washington in 2012, and Alaska, where the the new law is being implemented in two phases, Oregon ended marijuana prohibition via a statewide ballot measure, which voters approved on Nov. 4, 2014.

Tue
21
Apr

How five women bet it all to sell medical marijuana in Las Vegas

Understand that Las Vegas is not the town it claims to be.

If you’re an adult in Las Vegas, you can do almost anything. On the strip, you can smoke, drink, and gamble. Drive an hour in one direction, and you can fire heavy weapons, legally. Drive an hour in another direction, and you can pay for sex, legally. But if what helps you relax is a prescribed dose of medicinal marijuana, you’re out of luck.

Tue
21
Apr

Average price of legal pot drops to about $12 a gram

Marijuana prices have plummeted since stores opened last summer, and the average gram of marijuana in the state’s system now goes for about $12, according to the state Liquor Control Board (LCB).

When prices peaked last summer, a gram was fetching about $30 on average, according to data from the LCB.

 

The aggregated data doesn’t consider the quality of the bud or the effect of bulk pricing, but shows a clear downward trend since the state launched its regulated marijuana market.

Brian Smith, a spokesman for the LCB, said the agency was pleased with the trend.

Tue
21
Apr

A look at booming marijuana startups

No, rumours are not true. Marijuana is not America's largest cash crop, but it's still probably a $4-billion annual business. As of 2014, it's also legal to grow, own, and use recreationally in some US states. It's approved for medical and other limited use in 18 more states. Entrepreneurs are racing to take advantage of the new laws and changing attitudes toward the drug. Here are the players and startups you need to watch for a high.

 

Privateer Holdings is a private equity firm that's making big investments in marijuana startups. Its CEO is 42-year-old Yale graduate Brendan Kennedy, and it counts Peter Thiel's Founders Fund among its investors

 

Tue
21
Apr

Canada: 8 Ways the 2015 Federal Budget Could Affect Your Business

Finance Minister Joe Oliver’s first federal budget may have focused on pocketbook measures for voters, but small businesses should look closely at some of the promises made and incentives offered by the federal government. If you’re a manufacturer looking for a break during a rough time for the industry, an entrepreneur looking to exit and donate some of the proceeds to charity, a startup looking to buy your first office or a firm desperately in need of skilled workers, the budget holds the promise of better times ahead.

Tue
21
Apr

Alaska Considers Ban On Third Party In-State Marijuana Investors

NEW YORK (MainStreet) — In a move that has been sharply criticized by legalization advocates and the business community alike, Alaska legislators are currently considering banning third party investors, and start-ups who rely on them for funding, from the newly legit recreational state pot business. In-state license applicants under this plan would have to be completely self-funded.

Tue
21
Apr

Marijuana legalization clashes with drug testing in the workplace

At a Society for Human Resource Management conference in Washington DC last month, a session on drug testing in the workplace was so heavily attended that organizers had to switch rooms to accommodate the audience. Even then, it was standing room only. And the hour set aside for the talk wasn’t enough: outside the hall, employment attorney James Reidy, the presenter, answered questions for 40 minutes afterward.

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