Marijuana Business News

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Sat
28
Feb

Legalization prompts potential entrepreneurs to learn about the business of marijuana

WASHINGTON — Now that marijuana is legal in the nation’s capital, prospective pot entrepreneurs gathered in a daylong conference Saturday to learn about the business of pot.

“We teach people how to grow, we teach regular citizens and potential dispensary owners and current dispensary owners on how to grow their own cannabis,” says David DeGraff, CEO of the Denver-based “Grow School.”

Business-minded people swarmed exhibitors’ tables like that of the Grow School and Montgomery Hydroponics.

“We have everything you would need for indoor gardening, HPS, high pressure sodium, hydroponic soil, whatever you wish,” says Daniel Sims, the owner of the Montgomery County based firm, Montgomery Hydroponics.

Some of Sims’ LED grow lights sell for $349 each.

Sat
28
Feb

Colorado Marijuana Businesses Growing Less Than They Could

Colorado's marijuana industry is producing a lot less than it could, according to a state report released Friday.

Although state laws limit how many plants a business can cultivate, the monthly average for medical marijuana businesses last year ranged from a third to about half of what they could have produced, according to the annual update released Friday by the marijuana enforcement division of the Department of Revenue. The division estimates retail cultivation averaged 40 percent or less of the production limit.

Other highlights of the report:

-- Of Colorado's 312 cities and towns, 228 prohibit medical and retail licenses. Still, the places that allow sales include the state's population centers, among them Denver, the capital.

Sat
28
Feb

First Tribal Marijuana Conference Creates a Buzz in Indian Country

The first Tribal Marijuana Conference featured a variety of quality speakers from all avenues, to discuss a wide-range of issues associated with embarking on marijuana cultivation on reservation lands. Seen as the next economic windfall for tribes, but for one it’s a roll of the dice.

RELATED: Groundbreaking Conference to Discuss Legalizing Marijuana in Indian Country

Troy Eid, a former United States Attorney now in private law practice in Denver, Colorado, chair of the Indian Law and Order Commission, was on of several from across Indian country in attendance.

Fri
27
Feb

Secret Marijuana Farm Beneath Brooklyn Cherry Factory Leaves Many Mysteries

Dell’s Maraschino Cherries Company in Brooklyn in 2009. Officials discovered this week that its chief was growing marijuana in the basement. By VIVIAN YEE February 26, 2015

Arthur Mondella’s alternate life was buried behind a roll-down gate, behind a fleet of fancy cars, behind a pair of closet doors, behind a set of button-controlled steel shelves, behind a fake wall and down a ladder in a hole in a bare concrete floor.

Fri
27
Feb

150K Pounds of Legal Marijuana Sold in CO Last Year

February 27, 2015

Dispensaries and retail cannabis stores in Colorado sold nearly 150,000 pounds of marijuana flower last year as overall demand for MJ soared in the nation’s first recreational market, according to a new report by the state’s Department of Revenue.

The report shows that Colorado’s marijuana sector grew rapidly across the board in 2014, from the number of cannabis business licenses and industry employees to the volume of edibles sales.

Fri
27
Feb

Medical Cannabis Demand Outweighing Supply in DC

February 27, 2015

Recreational marijuana has dominated headlines out of Washington DC this week, as the use, possession and home cultivation of cannabis became legal in the city on Thursday.

But lost in the all the hype is a serious issue for DC’s existing medical marijuana industry: Dispensaries can’t seem to find enough MMJ to meet demand.

Fri
27
Feb

Marijuana Legalization: Bill Would Make Pot Legal Nationwide, Place Federal Tax On It

Marijuana legalization may soon spread nationwide with two Congressmen trying to strip the drug of its Schedule 1 classification and instead regulate the drug the same way as alcohol. Representatives Jared Polis of Colorado and Earl Blumenauer of Oregon are pushing for a bill that would repeal marijuana prohibition nationwide while also providing an opportunity for the cannabis industry to grow nationwide. Polis wants the federal government to treat marijuana the way it does alcohol — and even named his bill the “Regulate Marijuana Like Alcohol Act.” The bill would set parameters for the Bureau of Alcohol. Tobacco, Firearms and Explosives to create regulations for the sale of marijuana nationwide. A second bill would set a federal tax for marijuana.

Fri
27
Feb

Nando’s to Give Away Free Chicken at 4:20 Because Weed Jokes Are Easy

The best sauce to use on your chicken at Nando’s Peri-Peri is the lemon and herb.

Today between 4:20 and 5:20 PM, the Portuguese-by-way-of-South-Africa chicken chain’sfour DC locations are running a promotion in celebration of a different kind of herb: Any dine-in customer will receive a complimentary quarter chicken, sandwich, pita, or wrap. If the timing doesn’t make it obvious, this is how Nando’s is applauding the District’s new legalization of marijuana.

Everything else on the menu, including sides, will be regular price. And remember to leave the pot at home—Initiative 71 only allows consumption in private residences, not places of business or other public venues.

Fri
27
Feb

10 Questions to Ask When Designing Your Company's Logo

Great logos are recognizable in a blink. They also should make a lasting impression.

Target hits the bullseye, Nike goes swoosh, and Apple catches the eye.All three company’s iconic logos are unique, memorable and stand the test of time. They instantly and consistently do what a potent logo should: Identify a brand, make it stand out and, ideally, drive customer interest and sales.

We all know great logos, but we don’t all know that great logos aren’t easy to create. From concept to color to rollout, there’s much to consider when boiling your brand down to a single emblem.

Fri
27
Feb

Farm-to-table marijuana startup launches with posh Berkeley party

Photo: Terray Sylvester / The Chronicle

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Courtnie Ross (22) orders a drink at a Great Gatsby-themed party hosted by Flow Kana in the Berkeley hills on Thursday, Feb. 26, 2015. Flow Kana is a San Francisco-based startup that hopes to give consumers a "farm-to-table" experience for "connoisseur grade" cannabis.

Photo: Terray Sylvester / The Chronicle

Courtnie Ross (22) orders a drink at a Great Gatsby-themed party...

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