Marijuana Business News

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Fri
26
Jun

10 Ways to Give Your Startup a Six-Month Checkup

For many startups and other small businesses, summer is Six-Month Evaluation Season. Which is something to look forward to, rather than fear, seeing as this assessment is designed to check on the health of your business.

So as we get ready for the remainder of the year, now is the time to locate that ugly virus that is making your business sick or to understand what is keeping it healthy. Here are some ideas to start your evaluation.

Fri
26
Jun

Women in the Weed Business Are Breaking Through the 'Grass Ceiling'

The Women Grow leadership summit in Colorado last month unveiled a rising force in the marijuana industry.

 

They came wearing stiletto heels, running shoes, cowboy boots, ballet flats and even high heel sneakers. They were hard-working professionals, most of them mothers, gathered around a fake campfire at the five-star Cordillera Lodge in the Rocky Mountains. Despite the occasional rain shower, they roasted marshmallows for s'mores, howled with laughter, and soaked naked in the Jacuzzi while eating crème brulee.

Thu
25
Jun

Medical marijuana facility hits roadblock

A business proposal in the Rural Municipality of Wilton is facing an uncertain future after pulling a development application.

Agro Greens Natural Products Ltd is the company behind the proposal, and are currently seeking a new location for their proposed medical marijuana facility. The business owners had a chance to present their idea to Wilton residents at a meeting back in May, and were met with a list of concerns from area residents. After that meeting, the application was left to the RM council to decide upon.

However, council was left without an application to consider after the proposal was pulled.

Thu
25
Jun

Surna, Inc. and Agrisoft Agree on a New Structure for Their Relationship

BOULDER, Colo., Jun. 25, 2015 /PRNewswire/ -- Surna, Inc. (SRNA), a technology company that engineers state-of-the art equipment for controlled environment agriculture ("CEA") with special expertise in cannabis cultivation, announced today they had reached an Agreement with Kind Agrisoft, LLC, an affiliate of Kind Financial (collectively "Kind") in which Kind will acquire the Assets of  Agrisoft Development Group ("Agrisoft").

 

Thu
25
Jun

Don’t trust labels on edible cannabis, study finds

Only 17% of products tested were accurately labelled

People buying edible cannabis products from marijuana dispensaries can’t trust the labels because they can overstate or understate the amount of delta-9-tetrahydrocannabinol (THC), according to a new study involving West Coast products.

Researchers say their results suggest that consumers might be overdosing, risking side effects such as psychosis and serious anxiety, not to mention being cheated, by false labels.

Thu
25
Jun

Company takes serious approach

There are few, if any, facilities like this in North America.

ABcann Medicinals Inc. opened its door to the media Wednesday afternoon.

The medicinal marijuana company has been operating near the end of a quiet road on the outskirts of Napanee since the new year.

The facility was constructed in an existing building, but from the outer walls inward is all brand new and high-tech.

When fully up and running, chief operating officer Geoff Davis said, ABcann Medicinals will be able to produce from between 36 to 55 kilograms (80 to 120 pounds) of medicinal marijuana per month -- enough of the drug to supply about 2,500 patients.

"Hopefully, we are going to grow and have more jobs for the people in Napanee and Greater Napanee," Davis said.

Thu
25
Jun

Bedrocan Announces Q1 2016 Results

TORONTO, June 25, 2015 /CNW/ - Bedrocan Cannabis Corp. ("Bedrocan" or "the Company") (TSXV: BED) announced its financial and operational results for the three month period ended April 30, 2015. Bedrocan Cannabis Corp's wholly owned subsidiary Bedrocan Canada Inc. is a Licensed Producer under Health Canada'sMarihuana for Medical Purposes Regulations (MMPR).

Q1 2016 Financial and Operational Highlights:

Thu
25
Jun

Watch: How to smoke weed in a business setting

Now that 23 states and the District of Columbia have embraced the legalization of marijuana there are legitimate weed-related companies that are open for business. By 2020, big data shop New Frontier Financials estimates that the marijuana industry will reach $15.2 billion.

But, when it comes to smoking weed during a business meeting, don't expect the invitee to roll you a joint. Bring your own.

Thu
25
Jun

Old mining town turns to marijuana after prison, factory close

WALSENBURG, Colo. – A developer's plan to build hundreds of cannabis greenhouses could make this tiny southern Colorado town one of the nation's largest producers of legal marijuana.

The town sold 330 acres of municipal land for more than $1 million to create a campus for growing, processing and distribution, with the marijuana to be trucked 160 miles north to consumers in metro Denver. Walsenburg is a former coal mining town that never recovered when the mines closed by the 1960s, and its population has dropped to fewer than 3,000 residents. In Huerfano County, which is home to Walsenburg, 20% of the population lives below poverty level.

Thu
25
Jun

Signal Bay Executes Strategic Partnership with Cannabis Benchmarks

Signal Bay, Inc. (OTC: SGBY)  and Cannabis Benchmarks™ a division of New Leaf Data Services, LLC have announced a partnership for Signal Bay to provide expertise in the area of primary industry data research.

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