Marijuana Business News

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stocks
business
Thu
06
Aug

Medical Marijuana Inc Recovery is Brief

After a bit of a roller coaster ride over the last couple of weeks, the share price of Medical Marijuana Inc (OTCMKTS:MJNA, MJNA message board) went to close green just once before the stock stepped down the charts again. Yesterday MJNA ended up 1% in the red, at $0.047 per share.

Thu
06
Aug

Cannabis industry has arrived, marketing expert tells Colorado business group

Like it or not, the cannabis industry has arrived.

One of the industry’s leading marketing gurus told a business networking group in Centennial last Thursday that regulation has made Colorado’s growing cannabis market a success — at least for now.

The Opportunity Coalition, which sponsors forums for business owners and entrepreneurs to connect, brought Dixie Elixir’s marketing chief Joe Hodas to discuss the growth of the industry in Colorado.

Thu
06
Aug

Confident or Cocky? A Quiz to Measure Your Startup’s Swagger

If you’ve been recruited to work at a startup, or are crazy enough to start one, chances are that you’ve dealt with issues of confidence.

Both in terms of your co-workers, or even yourself, it can often feel like riding a roller coaster: rising from the heights of overconfidence, plunging to the depths of under-confidence, and then just as suddenly back up again.

To help you determine just how much swagger you and your colleagues actually have in the tank, I’ve devised this 13-step self-administered questionnaire. It takes only a couple of minutes, so no need to overthink it—just answer quickly and honestly with a true or false, and then tally up your score of positive answers.

Thu
06
Aug

How marijuana is making California drought worse

California's most valuable cash crop, marijuana, is taking a heavy toll on some of the state's most sensitive ecosystems, with the effects ranging from erosion, contamination, threats to wildlife, and heavy water use at a time of severe drought. 

The situation is prompting ecologists and wildlife managers to urge greater focus on bringing marijuana plots under tighter environmental scrutiny.

Thu
06
Aug

GW Pharma's cannabidiol Fast Track'd for NHIE

  • The FDA designates GW Pharmaceuticals' (NASDAQ:GWPH) intravenous cannabidiol for Fast Track review for the treatment of neonatal hypoxic-ischemic encephalopathy (NHIE). The European Medicines Agency also designates it an Orphan Drug for NHIE, a status granted earlier by the FDA.
Thu
06
Aug

From Prison to Potrepreneur – Alex Rogers at OMMBC

Nine years ago, Alex Rogers, co-owner of Marijuana Politics, was released from a German prison, where he had finished serving a six-month sentence for cannabis related offenses. He was 35 years old and completely broke. He had been living in Europe for seven years and upon his release from prison, decided to move back to the United States, to, as he puts it, “get my shit together”. And, get his shit together he did. A year and a half after returning to the states, Rogers graduated magna cum laude in Political Science from Southern Oregon University.

Thu
06
Aug

International Ecommerce Chart: How German online shoppers differ from American consumers

SUMMARY: Germany is the fifth largest B2C ecommerce market in the world. If you want to expand your business into this large and growing market, what do you need to know about the preferences of German shoppers? 

Watch our interview with Nadine Späth, Manager of Consumer Markets and Ecommerce, Germany Trade & Invest, to learn more about how German financial and cultural preferences differ from those of American consumers.

 

In January 2015, BEVH, the German Ecommerce and Distance Selling Trade Association, conducted an online survey with Creditreform Boniversum asking a representative sample of 1,054 German shoppers, 18 to 69 years old, about their online payment habits. 
 

 

Thu
06
Aug

Signal Bay: Leveraging Experts to Build a Conglomerate

Aug 05, 2015 (ACCESSWIRE via COMTEX) -- SEATTLE, WA / ACCESSWIRE / August 5, 2015 / The U.S. cannabis industry could reach $35 billion in size by 2020, according to GreenWave Advisors, if all 50 states legalize the substance and the federal government ends prohibition. Within the rapidly growing industry, investors have a number of different options when deploying capital, ranging from hands-on plays like Latteno Food Corp.'s LATF, +0.00% stake in Los Angeles dispensaries to hands-off plays like CannLabs Inc.'s CANL, -0.01% testing facilities.

Thu
06
Aug

Winnipeg shop owner disguised 'drug trafficking' business as medical marijuana shop: police

Glenn Price, whose medical marijuana shop was raided by Winnipeg police, has been charged with drug trafficking.

"It was determined that the owner was operating an illegal drug trafficking business which was held out to be a medical marijuana dispensary," police said in a news release.

Several police units searched Price's shop, Your Medical Cannabis Headquarters, as well as a suite in the same Main Street building on Tuesday morning.

The sign is taken down at Your Medical Cannabis Headquarters on Tuesday, following the police raid. (Erin Brohman/CBC)

Police seized a kilogram of marijuana as well as drug paraphernalia from the store, and about two ounces of pot from the suite.

Thu
06
Aug

Cannabis investors balk at New York’s new marijuana licenses

Less than a week after New York state granted five companies licenses to manufacture and sell medical marijuana in the state, not everyone in the industry is impressed. The issue: New York's approach just doesn't do enough to bring the green that counts into the hands of the license holders.

At least two cannabis investors are skeptical about the margins on a national scale, this in spite of a recent forecast that the dispensaries could generate hundreds of millions of dollars in revenue as soon as next year.

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