Marijuana Business News

Synonyms: 
stocks
business
Thu
19
Mar

OK pot trades in Germany

A Lumby company hoping to procure a medical marijuana licence is expanding its investment opportunities.

Common shares of True Leaf Medicine International are now listed and trading on German stock exchanges in Frankfurt, Berlin and Munich. The stock is being traded under the symbol TLA.

This comes on the heels of an announcement last month that the stock would be trading on the Canadian Securities Exchange under the symbol MJ. 

True Leaf states in a news release that the new listing in Germany will provide the company with increased visibility for its activities in all European capital markets.

Company CEO Darcy Bomford anticipates the investment community in Europe will be interested in his company.

Thu
19
Mar

Aphria invests $1million for expansion of marijuana production

After only 3½ months of operation, Leamington’s Aphria Inc. is spending $1 million to expand its medical marijuana production.

The investment is part of a two-phase expansion plan for the business that just began operations in December. Startup costs were $6 million.

The phase one investment will increase the current growing capacity of 1,200 to 1,500 kilograms of marijuana to 2,500 kg annually.

But Aphria CEO Vic Neufeld said that’s still not enough to keep up with the growing demand.

“It’s not enough for us to service this business opportunity,” Neufeld said Wednesday of wholesale demand that has developed in the last two months.

Thu
19
Mar

'I believe it was eating part of my brain,' woman says of synthetic drug's effects

An Edmonton woman says her decision to smoke a synthetic drug to beat her employer's drug tests created a two-year addiction that ruined her financially and nearly killed her.

The drug is one of several that are illegal to market as cannabis alternatives, but until recently were sold openly in some head shops and convenience stores as incense, and labelled “not for human consumption”.

While recent police raids may have driven sales in Canada underground, the synthetic cannabinoids are still available on the internet.

"I wouldn't wish it on my worst enemy," said the woman.

While head shops may no longer be selling synthetic cannabinoids such as 'Spice' openly, the same drugs are widely available on the internet. (CBC)

Wed
18
Mar

Las Vegas Police raid home, arrest owner of marijuana delivery service

LAS VEGAS -- The owner of what's being called a marijuana delivery service business was arrested Wednesday night, Metro Police said.

The SCORE Taskforce found dozens of guns, marijuana and packaging in 36-year-old Christopher McDermott's home located in the 8300 block of Mount Logan Ct.

The packaging was similar to what was found earlier during a raid at the Super Budz business located in the 1900 block of Highland Avenue.

According to police, they served the warrant because they received multiple complaints about the business from neighboring stores in the area.

Wed
18
Mar

Bringing User Experience to Cultivators in the Cannabis Industry

Rob Rusher: GrowBuddy

What a man like Rob Rusher, founder of GrowBuddy, is doing is that he’s revolutionizing something that has been in practice for decades upon decades. He is an expert in the field of user experience and making it so that software is a tool that increases efficiency and expands the boundaries of what’s possible. This is his expertise and this is what Rob has brought to growers and cultivators in the legal cannabis industry – A new way to journal and document growth. He’s passionate, inspiring, and we loved seeing just how he plans to shake everything up a bit!

What was the deciding factor for you to join this particular industry?

Wed
18
Mar

2015 Canadian Medical Marijuana Outlook: Foggy With Sunny Patches

The Canadian Medical Marijuana experience for investors has for the most part been a tremendous letdown thus far. When Tweed Marijuana Inc. (TSX.V:TWD) lost 10 percent on its first day open of $3.32, and as of Friday last week accumulated a total YTD loss of 41 percent, the writing was on the wall.

Of course, that does not apply to insiders and early stage investors. Tweed founders paid as little as $0.15 a share, and their instant wealth came at the direct expense of retail investors.

But that is the game, and anybody who cries about it has no business investing in it.

Wed
18
Mar

She's 85. She's a Texas Republican. And she's a marijuana activist

WASHINGTON—Ann Lee, a Republican precinct chairman in southwest Houston, had her first marijuana epiphany around her 60th birthday.

A workplace fall paralyzed her son Richard from the waist down. When he began to use marijuana to treat his pain, she decided her lifelong opposition to the drug was wrong.

Her second epiphany came after her 80th birthday. NORML, the marijuana advocacy group, invited her to be part of a five-person panel discussion at a conference in 2012. “As we all talked,” she says, “we realized that three of us were Republicans!”

Wed
18
Mar

The Influence of Customer Relationship Management on Businesses

For any business to survive in the harsh commercial environment it is very important to know how to manage its customer relationships. It has become a necessity for each and every business to implement various solutions for proper customer relationship handling.

Customer relationship management (also known as CRM) represents more than a simple application. It is mostly used for understanding the way customers think and for adapting to their needs and demands in order to put more emphasis on the business – customer interaction. Any first class CRM relies heavily on the use of technology. There are several industries that based themselves on customer relationship over the years, such as pharmaceutical and health care industry, financial industry or even accounting industry.

Wed
18
Mar

Consistency Key When Testing Edibles

In Oregon, edible labels seem to say one thing, while potency testing seems to say another. As the state’s marijuana testing industry suffers from a lack of regulation, edible packaging may not always reveal the truth about how much THC is contained within a marijuana-infused treat.

Wed
18
Mar

Canada: Court ruling could send odor producing private grow-ops up in smoke

There were days when David Kralik would arrive at his landscaping and snow-removal business in Mississauga and stay just a few minutes – the heady odour of marijuana from the grow-op next door was too powerful.

“You open the door to come in, go into my office, and I just sit down, fire up the computer and – ” He lets out an expletive. “And you just leave. It’s that bad.”

Mr. Kralik couldn’t call the police to complain about the grow-op, or another in the same building, because they’re both legal and under federal jurisdiction.

Pages

Subscribe to RSS - Marijuana Business News