Marijuana Business News

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Wed
06
May

West Australian gold explorer turns to marijuana investment to help weather resources downturn

When times are tough for the resources industry, companies often turn to and invest in biotechnology.

But for West Australian gold explorer International Goldfields Limited, the decision to buy into a company that develops mass market, non-synthetic cannabis products, is a little more unusual.

Director, David Tasker, said the heavy national regulation of growing marijuana in Uruguay, where their investment; Winter Garden is based, makes it a perfect agribusiness diversification.

Media player: "Space" to play, "M" to mute, "left" and "right" to seek.

Wed
06
May

Why You Need A Persona-Based Content Marketing Strategy

Each member of a buying team has different challenges and interests. Columnist Arnie Kuenn tells you how to home in on those needs to help close a deal.

You’ve heard it before: To be successful with content marketing, your content must be catered to the customer. More specifically, content should speak to customer pain points and challenges throughout the buyer’s journey.

However, to create content that is truly targeted, you need to understand exactly who your buyers are and what their journey looks like.

Enter persona-based content marketing: creating and promoting content with a specific buyer persona in mind.

Wed
06
May

Watch: 'Regulate Rhode Island' installs marijuana billboard

PROVIDENCE, R.I. (WPRI) — A group supporting the legalization of marijuana got their message across to thousands of Rhode Islanders — by putting it on a billboard.

On Tuesday, “Regulate Rhode Island” unveiled a new billboard on Orms Street in Providence.

The board touts the potential economic impact of legalized marijuana — the group claims regulating and taxing the drug would attract new business and jobs to the state.

The group cited a similar law in Colorado.

Wed
06
May

Kentucky hemp production up in 2nd year of crop's comeback

LEXINGTON, Ky. (AP) -- Kentucky's second hemp crop in decades is expected to surpass 1,700 acres, up from about three dozen acres a year ago, as the versatile crop's comeback starts to attract interest from processors looking to turn it into products, state agriculture officials said Tuesday.

Hemp advocates led by state Agriculture Commissioner James Comer touted the crop at an event in an old tobacco warehouse that could symbolize the past and future of Kentucky agriculture. Tobacco production has plunged in the past decade, and farmers have looked for alternative crops to maintain income. Hemp, which once flourished in Kentucky, is seen by some as one potential option on the farm.

Wed
06
May

Watch: How Black Farmers Are Getting Left Out Of The Medical Marijuana Industry

A provision of a Florida medical marijuana law has caused much controversy among black farmers in the state who say it’s shutting them out of the potentially lucrative industry. This group has now taken their fight to the Florida legislature in the hopes of passing an amendment that takes the regulation out of the bill.

Wed
06
May

Nevada says medical pot businesses may soon start operations

After spending months in limbo, waiting for the state to hash out rules for testing medical marijuana, laboratories might be able to get to work soon. That moves patients one step closer to the first legal sales in dispensaries.

A state health official said Tuesday that all the rules are in place for labs to start testing marijuana. But in a sign of how confusing the process has been, that news came as a surprise to a dispensary owner and a lab scientist, who both expected a longer wait for the state to finalize some rules.

“It’s been incredibly frustrating,” Cindy Orser, chief science officer of DigiPath Labs, said of the wait. “We were hoping to be operational at the end of January. Or February. Or March. Or April. And now it’s May.”

Wed
06
May

Canada: Expensive Marijuana Bunkers

Past a barbed-wire fence and motion sensors, and under the gaze of 31 cameras, Shawn Galbraith opens the door to a two-storey, windowless concrete structure amid the lush Central Saanich farmland. It’s the region’s worst-kept secret: a medical marijuana facility on Lochside Drive, next to the family-owned Michell’s Farm.

The head of the operation, Galbraith, has been reluctant to offer media tours because his company, Evergreen Medicinal Supply Inc., is in the final stage of Health Canada’s approval process, a complicated 18-month journey that he doesn’t want to jeopardize.

Wed
06
May

The Secret History of Cannabis in Japan

“Most Japanese people see cannabis as a subculture of Japan but they’re wrong. For thousands of years cannabis has been at the very heart of Japanese culture,” explains Takayasu Junichi, one of the country’s leading experts.

According to Takayasu, the earliest traces of cannabis in Japan are seeds and woven fibers discovered in the west of the country dating back to the Jomon Period (10,000 BC - 300 BC). Archaeologists suggest that cannabis fibers were used for clothes - as well as for bow strings and fishing lines. These plants were likely cannabis sativa - prized for its strong fibers - a thesis supported by a Japanese prehistoric cave painting which appears to show a tall spindly plant with cannabis’s tell-tale leaves.

Wed
06
May

Three ways to build a mentally strong dream team

A mentally strong leader who is knowledgeable about group dynamics can influence the way team members work. Here are three ways to build a mentally strong dream team:

1. Create a Culture of Strength

 

Wed
06
May

5 Toxic Beliefs That Make Success Impossible

Success starts with thinking differently from everyone else, because then you can achieve differently from everyone else.

It's hard to think differently and be able to dream new dreams. We'd all like to be visionary thinkers like Bezos, Buffett, and Branson (the Three B's of Bold Thinking) and achieve great things.

But most of us aren't bold visionaries. (I'm definitely not.)

And that's OK, because while you and I might never come up with the next big thing, we can decide to think differently from other people--and in the process, achieve differently from other people.

Here are five things people think that ruin their chances for success... and more importantly how you can think differently:

1."I never get the right opportunities."

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