Marijuana Business News

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Mon
20
Apr

Ten Things You Need to Know About the Cannabis Cup

The 2015 Cannabis Cup is happening now and enthusiasts from all across the country have flocked to Colorado for the big day. And this year’s Cup should be one of the biggest, wildest and most talked-about cannabis celebrations of all time. 303 caught up with Dan Skye, Editor-In-Chief of High Times magazine and the man behind the Cannabis Cup, to talk about all things Colorado, weed, and 4/20. Here are ten pieces of knowledge you should definitely have before heading out to party this year.

Mon
20
Apr

FDA decision on marijuana is unfeasible

Demanding the FDA to make determinations regarding the safety and efficacy of marijuana is politically unfeasible ["Iowa lawmaker: Medical marijuana is an FDA decision," April 9].

Mon
20
Apr

Recap: Plenty of free pot samples, and even sales, at Cannabis Cup’s first day

For the second year in a row, the U.S. Cannabis Cup — the largest event in High Times magazine’s portfolio — kicked off Saturday at the Denver Mart with speakers and vendors from throughout the country, and plenty of free marijuana.

Mon
20
Apr

Jamaica: Small farmers included in medical marijuana industry

JUSTICE MINISTER Senator Mark Golding says the Government is aiming to create an inclusive framework for the operation of the medical marijuana industry.

He said the system would be designed in a way to allow for small farmers to operate within a lawful industry.

"We don't want a design which is going to be prohibitive in terms of its requirements that would exclude especially small farmers from participating. That is where we think that there (will) be tremendous economic benefits," he said.

The justice minister was addressing the Rotary Club of Kingston's luncheon held on Thursday at The Jamaica Pegasus hotel in New Kingston.

Mon
20
Apr

Ahead of 4/20, marijuana losing its rebellious stigma, gaining more acceptance

A pungent cloud of marijuana smoke will be wafting over many parts of Canada on Monday. Yes, it’s 4/20 again, the unofficial holiday that openly celebrates pot, reefer, ganga, weed, Mary Jane or whatever you like to call it.

In most places, though, you’re unlikely to see police swooping in to corral the tokers. Even though pot possession remains illegal, the narcs probably won’t be busting anyone except dealers.

Part of the reason is practical; charging dozens, if not hundreds of people is a logistical nightmare. Another part is a reflection of the times, the increasing tolerance, if not acceptance, of marijuana as a part of mainstream culture. It’s no longer on the fringe.

Mon
20
Apr

Report Predicts Boom in Bitcoin Adoption by Marijuana Dispensaries

The usage of Bitcoin ATMs and vending machines could increase among marijuana dispensaries, predicts Green Rush Review.

 

In its recent promotional press release, the medical marijuana news website blamed the absence of proper banking infrastructure as one of the major reasons why cannabis businesses would move towards other bankable options such as Bitcoin. It said:

Mon
20
Apr

Business opportunities abound in medical marijuana — if you can figure out all the laws

The blue states have legalized marijuana for only medical purposes, while the red states have legalized it for both medical and recreational purposes. In all, 23 states and the District of Columbia have legalized marijuana in some form.

It's been almost 20 years since the first state legalized medical marijuana, but conflicting regulations between the states and the lack of federal direction on its rules and regulations have left the industry fractured and stunted.

Mon
20
Apr

Marijuana delivery app Eaze hoping to expand to Vancouver

A San Francisco company is hoping to expand into Vancouver and the rest of Canada to help medical marijuana patients get their medicine more easily.

Eaze is a mobile app that allows people to order cannabis products and have them delivered by drivers in only minutes.

"We are definitely interested in bringing Eaze to Vancouver and Canada overall," said Eaze spokesperson Caroline Vespi in an email. "We don't have a time frame yet." 

The company, which partners with dispensaries and recruits drivers to hand-deliver marijuana to patients, says it's asking potential customers to sign up on its website so it can "prioritize expansion based on customer needs."

Sat
18
Apr

Will Big Tobacco become Big Marijuana?

Rhiannon Griffith-Bowman smokes an e-cigarette in San Rafael, Calif. Some pot entrepreneurs worry that tobacco companies want to make moves on their turf.(Photo: Justin Sullivan/Getty Images)

DENVER – While federal law makes their entire industry illegal, many marijuana store owners, growers and retailers fear something completely different: Big Tobacco.

Today, most legal recreational marijuana operations are small, limited to a single state and barred from ever getting large by regulators who want to keep a close eye on the fast-growing industry.

But those small operators struggle to get bank loans for expansion, often produce an inconsistent product, and sometimes have no idea how to balance supply and demand for their crops.

Sat
18
Apr

Cannabis Cup comes to Denver this weekend

DENVER - Cannabis consumers from across the country are gathering at the Denver Mart this weekend for the fifth Cannabis Cup. 

At event, which runs Saturday through the Monday, festival-goers can attend lectures on cultivation and the future of legalization.  

There's also a trade show and expo featuring the latest products and inventions. Shoppers can purchase everything from growing supplies to pot-plant shaped muffin tins.

A Saturday concert at Red Rocks will feature SOJA, Nas and JBoog.

Snoop Dogg, 2 Chainz and A$AP Rocky will be the artists at Monday show at Fiddler's Green.

"This is an economic miracle as far as I'm concerned," said Dan Skye, editor of High Times, the publication sponsoring the event. 

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