Marijuana Business News

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Thu
07
May

Women Cannabis Entrepreneurs Come Together in Portland

The legalization of marijuana – no matter how sticky the parameters – will undoubtedly bring the people behind the scenes of a billion-dollar industry to the forefront. 

Women, in fact, comprise a large portion of growers, dispensary owners, and canna-business professionals. 

To help them emerge from the shadows and connect, Women Grow was established last year in Denver, Colorado. Since then, it’s provided a professional network for both established entrepreneurs and newbies of the cannabis industry.

With monthly events for women – and men – in 25 plus cities across the country, Women Grow is launching a Portland chapter this week with its first networking event on May 7th at McCormick Mansion.

Thu
07
May

Talking to kids about legal marijuana

My kids are in elementary school -- a little young for the "weed talk" -- but I wonder whether the fact that recreational pot use is now legal in a handful of states will complicate things once we start having those conversations.

Sue Scheff, a parent advocate who works with children in at-risk communities, says she's heard from plenty of kids who say, "Well, it's legal so it must be OK."

"We already have the messaging problem," said Scheff, author of "Wit's End: Advice and Resources for Saving Your Out-of-Control Teen."

"So we need to come up with a new way to discuss it ... because the kids are tuning us out."

Thu
07
May

New Ottawa cannabis clinic to open in May, MDs on site

Whether you’re a proponent or opponent of medical cannabis, the therapeutic drug is slowly building momentum in the capital with more businesses dedicated to its use.

The latest arrival is Canadian Cannabis Clinics. It will be opening an Ottawa clinic at the end of May in a medical building on Montreal Road, the fourth Ontario location to open in a year.

The business operates like any other medical clinic where patients see a doctor and use their OHIP card as payment, but these doctors focus on assessing whether medical cannabis should be prescribed. The owners stress no cannabis will be on site.

How does the clinic operate?

Thu
07
May

Ohio The Surprising State That Could Be The Next To Legalize Marijuana

It’s looking more and more likely that voters in a key battleground state will be voting on marijuana legalization in November, and recent polling suggests it could win. That’s this November, not November 2016.

The state is Ohio, where a controversial pot legalization initiative is already well on the way to qualifying for the ballot, and its backers—or should we say investors?–have the cash on hand to make sure it does.

There are pot legalization bills pending in any number of states, and early on, there were hopes this would be the year a state legislature would get around to legalizing it. New England states such as Maine, Massachusetts, and Vermont looked like the best bets, but it now doesn’t seem like it’s going to happen.

Thu
07
May

Englewood City Council caps medical marijuana shop licenses at four

ENGLEWOOD — The Englewood City Council on Monday night stamped final approval on a measure that caps the number of marijuana businesses in the city at those already licensed to operate there.

 

Englewood is home to three medical marijuana dispensaries, with a fourth that has received city licensing approval but has not yet opened, according to city officials.

Thu
07
May

Why Washington state is extinguishing medical marijuana

SEATTLE, Washington — For the past 10 months, three marijuana markets have been operating simultaneously in Washington state: the street market, the medical market and the recreational market.

In the future, however, there will only be two. And contrary to some people’s expectations about legal recreational pot making drug dealers obsolete, it’s the medical dispensaries that will disappear first.

Thu
07
May

Is Legalized Marijuana or Gene Therapy the Better Emerging Business?

The ability to spot powerful new technologies or industries early on can result in eye-popping returns for investors. The brave few that initially recognized the potential of Tesla Motors' electric car, for example, have been richly rewarded over the past few years:

TSLA Chart

Right now, legalized marijuana and gene therapy are two emerging industries that could produce similar--or perhaps even better--returns for risk-tolerant investors. 

Thu
07
May

At medical marijuana warehouse, plants rise as launch nears

OTSEGO, Minn. - Kim Kelsey is ready to start getting medical marijuana to treat her son's epilepsy. The state's two manufacturers are almost ready, too.

On Monday, Kim joined the team from Minnesota Medical Solutions to give a guided media tour of the Otsego marijuana grow facility.

The greenhouses there are under such strict security measures that a former U.S. Secret Service agent has been employed with keeping it's facility completely secret and completely manned by cameras and armed guards every minute of every day.

Dr. Kyle Kingsley, the CEO of Minnesota Medical Solutions, says his facility is on schedule to produce the oil based marijuana medicines for the patients authorized to receive them by July 1st, when it is legally official.

Thu
07
May

BC medical marijuana producers test legal waters in US recreational market

Legal repercussions from operating a Washington state facility unclear

Experts are uncertain whether it’s legal for Vancouver-based medical marijuana producer Aurora Cannabis to build a facility in Washington state that will cultivate recreational pot | Photo: Shutterstock

Nowadays, a checklist for travellers heading south through the Peace Arch border crossing might include deals on eggs, shoes and – while they can’t admit it to U.S. federal border guards – recreational marijuana.

And with a U.S. market that dwarfs that of his native Canada, Terry Booth doesn’t see why companies north of the border can’t capitalize on the legal weed available to consumers in states like Alaska, Washington and Colorado.

Thu
07
May

Map: The definitive guide to Vancouver's medicinal marijuana dispensaries

Vancouver city council is debating how to best control the over-the-counter sale of medicinal marijuana. A proposed regulatory framework will eventually bring dozens of illegal businesses out of the shadows.

Exactly how many dispensaries exist and where they are located has been something of a mystery.

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