Marijuana Business News

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business
Mon
15
Jun

Hawaii Medical marijuana seminar attracts hundreds

It's been 15 years since Hawaii became one of the first states in the country to legalize medical marijuana.

Today, the state is on the edge of another major leap: opening dispensaries.

But this is complicated business.

Those who know the pitfalls were flocking to the islands to share their knowledge.

"There's nothing easy about this," said Michael Visher.

He jumped into the medical marijuana business in Colorado in 2009.

Since then, he's learned a few things:

"So, you could be paying more in taxes than you generate in revenue," he said.

There were lessons learned for Washington and Colorado.

Mon
15
Jun

Colorado schools to track marijuana offenses by students

DENVER | Colorado schools will begin compiling data on students who get busted for using or distributing marijuana, an effort aimed at gauging the effects of the drug's legalization in the state.

The new requirement is an addition to a 2012 law directing law enforcement and district attorneys to collect information on how students are punished and whether they're being arrested or ticketed when they should be disciplined by educators for minor offenses.

Mon
15
Jun

What Pot Entrepreneurs Are Learning from Casinos

From 'cash teams' to security, marijuana business gets serious

Inside a cannabis shop's emerging business model

More than a year after Colorado became the first state to allow recreational cannabis sales, the marijuana industry is growing and evolving further. Entrants—often with loads of cash and product on hand—are taking cues from the gambling industry, which knows a lot about managing bricks of money.

Mon
15
Jun

House budget bill would outlaw marijuana sales in DC for two years

House Republicans advanced a budget plan Thursday that would prevent legal sales of marijuana in D.C. for more than two years.

Here’s the surprise: advocates for legalization called it a victory.

What the Republican budget does not do – at least not yet – is roll back Initiative 71, the voter-approved measure from November that legalized pot for recreational use in the nation’s capital. Since early this year, D.C. residents have been allowed to possess, grow and, in the privacy of their own homes, smoke marijuana.

Mon
15
Jun

Supreme Court to rule on workers' marijuana use

The Colorado Supreme Court on Monday is expected to issue a ruling on whether businesses can fire workers who use medical marijuana when off the clock.

The decision comes nine months after the state's highest court heard oral arguments in Brandon Coats' case against Dish Network.

Coats, a quadriplegic man who used marijuana off-duty to control muscle spasms, was fired in 2010 by Dish after failing a random drug test.

Mon
15
Jun

NH: Medical marijuana moving forward, but it's a long, slow process

Three groups selected by the state to operate New Hampshire’s first medical marijuana dispensaries are still a long way from being open for business next year.

Although there is still more to come in what has been a lengthy approval process, the groups have at least preliminary clearance to move forward and work out the locations of the dispensaries and who will be working there.

“I think it’s most significant for the patients,” said Ted Rebholz, board president for Temescal Wellness Inc., one of the three winners announced by the state last week. “There are a lot of citizens of New Hampshire that have been waiting a long time for access to medical cannabis.”

Sun
14
Jun

'Get Baked' sale features samples of marijuana munchies

More than 25 local cannabis businesses hosted a bake sale Saturday, complete with “medical” marijuana-laced munchies.

The first Get Baked Sale, held at the SOMAStreat Food Park on 11th Street, included food trucks and booths lined with all sorts of wares — including Doritos, Chilean empanadas, ice cream sandwiches, pancakes and macaroons — for holders of medical marijuana cards to sample. The event featured cooking demonstrations and food-pairings with marijuana edibles. The pointy green leaves symbolic of the plant were rife on clothing, posters and stickers.

Sun
14
Jun

Marijuana Sales Per Retail Square Foot

See how Marijuana dispensaries rank in comparison to other retail industries.  How do recreational dispensaries compare to medical.  Use this for your own benchmarking.

Sun
14
Jun

B.C. company buys Ferndale center for marijuana businesses

A Vancouver, B.C., company has bought a business center at 2010 Grandview Road for $1.2 million and plans to lease space to licensed marijuana growers and processors.

Chlormet Technologies bought the 9.7-acre parcel in Ferndale through its Washington state subsidiary PacCan Industries, according to a company news release.

The seller was Excelsior Mortgage Equity Fund of Lake Oswego, Ore.

The property is zoned general business.

Sat
13
Jun

Cops Raid Marijuana Dispensary, Destroy Surveillance Equipment, Eat Pot Brownies...

Cops in Santa Ana, California, donned ski masks to break and enter into a local medical marijuana dispensary, raiding it with guns drawn in a May 27 police action. They then proceeded to remove surveillance cameras and recording equipment, but they didn't remove it all. Video from a camera they didn't disable also caught the officers eating what appear to be marijuana edibles, then acting in a way to suggest they had become intoxicated, with one officer even joking that she'd love to kick a marijuana activist present at the raid, Marla James, an amputee, in the "nub."

Watch one of the videos, via Orange County Weekly, below:

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