Marijuana Business News

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business
Fri
13
Mar

Canada: Beer and wine may be on sale at an Ontario supermarket near you

TORONTO – Supermarkets in Ontario may finally be allowed to sell beer and wine to its customers in the near future, according to a report in the Toronto Star.

The newspaper cites sources saying the Liberal government is eager at loosening the quasi-monopoly held by the Beer Store and in turn offer hundreds of Ontario supermarkets the ability to stock their shelves with alcohol.

Sources tell the Star the move will likely be announced in the upcoming spring budget.

Fri
13
Mar

From Casinos To Cannabis: Indian Tribes Eye Pot Profits

Last December the Justice Department gave a yellow light to marijuana legalization on tribal land, saying it would treat reservations like states in deciding how to enforce the Controlled Substances Act. Two months later, the very first Tribal Marijuana Conference, held at the Tulalip Resort Casino in Washington, attracted about 250 people, including representatives from 75 or so Indian tribes. They listened intently as speakers (including me) discussed the pros and cons of legalization.

Fri
13
Mar

Biorefinery Technology Developer PureVision To Pursue Industrial Hemp Biorefining

FORT LUPTON, Colo. – March 12, 2015 – PureVision Technology, Inc., a Colorado-based biorefinery technology developer, announced today that it has formed a subsidiary company to promote and develop industrial hemp biorefineries.

The subsidiary, PureHemp Technology LLC, has obtained exclusive rights to the PureVision biorefining technology for processing industrial hemp into traditional and never-before-produced products.

On behalf of PureHemp, PureVision is conducting a robust pre-commercialization program—using its laboratories and pilot plant and a milestone-based approach – to target a path to profitable commercial-scale hemp biorefineries.

Fri
13
Mar

Build a Team of Founders Investors Will Love

A startup is only as good as its people. How to choose the perfect partners for your venture.

nvestors may value serial entrepreneurs, but they love serial management teams. A team of founders who have worked together is a treasure, and a team of founders who have previously built a successful startup is a great treasure. Regardless of experience, a highly functional team generally trumps a solo founder.

Fri
13
Mar

The Common Ground Between Advocacy and Business in the Cannabis Industry

The growth of the medical marijuana movement presents a unique opportunity for advocacy groups to work hand-in-hand with the business community in order to bring about positive social change. Historically, advocates for important social reforms like the 40-hour week and safer working conditions had an understandably anti-business orientation. But when we're talking about providing greater access to medical marijuana, such an attitude is less than helpful. In fact, it's counter-productive. I believe if that fact were merely recognized and accepted by both medical marijuana activists and the business community, we would be much closer to establishing national acceptance than we are today.

Fri
13
Mar

Smooth Sailing: Minnesota Sticking to MMJ Timeline, Dispensaries on Track to Open in Summer

Minnesota could wind up being a standout medical cannabis state in at least one regard: It’s been able to glide through the rulemaking and licensing process relatively smoothly.

At least so far.

Many states have taken years to implement MMJ laws, develop regulations and get the first businesses up and running. Minnesota, on the other hand, passed a law just last spring legalizing non-smokeable medical cannabis, and dispensaries are now on track to open to the public on July 1.

“We are aiming to open three of our four dispensaries in July, and hopefully the fourth one will be in August,” said Dr. Kyle Kingsley, CEO of Minnesota Medical Solutions (also known as MinnMed).

Fri
13
Mar

UPDATED: Health Canada denies medical marijuana licence to CEN Biotech

Despite receiving “final” rejection for a licence to operate a medical marijuana operation by Health Canada, it appears a Lakeshore-based company will proceed with legal challenges against both the federal and municipal governments.

CEN Biotech has been officially notified by the federal government they will not get a licence to operate what the company touted as Canada’s largest medical marijuana operation.

The company last month received “notice of intent to refuse” from Health Canada and days later in response launched a court challenge requesting a judicial review of the federal government’s decision.

Fri
13
Mar

Marijuana Industry Reaches New Heights With Gourmet Kitchens, Day Spas And Maybe Even Luxury Hotels

At 7 Leaf Bed and Breakfast in Seattle, guests get the full gourmet, farm-to-table dining experience. Breakfasts are made with organic, fresh ingredients from the city's famed Pike Place Market. Artisan meats come directly from a local butcher; breads are bought at a nearby bakery. But what sets this homey, British townhouse-style bed and breakfast apart from other Seattle guesthouses is that anything prepared in 7 Leaf’s kitchen can be made with a little something extra: cannabis, commonly known as marijuana, for a little extra kick.

Fri
13
Mar

Anchorage couple cooks up marijuana business

ANCHORAGE – 

It’s hard to go wrong with a simple brownie recipe.

Chelsea Deming says she grew up in the kitchen. When she got together with her boyfriend, Derek Herre, she began adding one more special ingredient to her recipes — marijuana.

“He realized that would be a good way for him to medicate without having to smoke,” Deming said.

Herre has Crohn’s disease and has been a medical marijuana cardholder for nearly five years.

“This definitely helps with my inflammation, my nausea,” Herre explained.

Deming bakes for him and now does the same for other medical users. They call their business “Baked Alaska” and word is quickly spreading through social media.

Here’s how it works:

Fri
13
Mar

True Leaf Enters the Pet and Natural Product Landscape

True Leaf’s Darcy Bomford attended  the Global Pet Expo in Florida, which wrapped up March 6.  His objective was to research the existing pet health landscape. CEO Bomford has 30 years’ experience in the pet industry and is returning to the sector with the True Leaf, the Quality of Life Company.

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