Marijuana Business News

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Wed
10
Jun

Hendrix cannabis plan could go up in smoke

Jimi Hendrix is to be the face of a range of cannabis products, a Canadian company has announced – but they’re already being faced with a legal fight.

Nutritional High say they’ve cut a deal with Purple Haze Properties to use Hendrix’s name and likeness on edible items including “hemp oil infused gummy bears, heard candies and health and energy drinkables.”

Products are legal in 48 US state because they contain no HCT, a leading active element of cannabis. The firm aims to market packages using the names Purple Haze and Stone Free.

Purple Haze Properties is run by the iconic guitarist’s brother Leon. But Experience Hendrix, chaired by sister Janie, say he doesn’t have the rights to arrange the deal.

Wed
10
Jun

Public hearings on Vancouver's marijuana dispensaries set to begin

Public hearings begin Wednesday to help fine-tune Vancouver’s plans to regulate medical marijuana dispensaries – and shape a policy that one advocate says will be copied by cities across Canada.

Dana Larsen, director of the Vancouver Dispensary Society and operator of two dispensaries, noted the City of Victoria has already cited Vancouver as a model for policies it is developing as it grapples with the issue.

“A lot of smaller cities don’t have the resources to devote time and staff effort to analyzing this and figuring out what these rules should be,” Mr. Larsen said in an interview on Tuesday. “They’re going to copy whatever Vancouver does and tweak it a little bit for their own community.”

Wed
10
Jun

With marijuana here to stay, next step to regulate its water usage in thirsty California

PBS NewsHour correspondent Spencer Michels inspects marijuana grower Casey O’Neill’s crop on a farm that uses rainwater. O’Neill is hoping pot will become legal and regulated in California.

Behind a gas station, just off the main highway that runs through Garberville, California, is a nursery that sells plants and seedlings. It’s called Wonderland, and by “plants and seedlings” it means cannabis. Its rooms and greenhouses are filled with a pungent array of marijuana plants that can be bought by people with a doctor-signed medical marijuana card. Then they can grow their own.

The openness of the business, in a state which has yet to legalize recreational marijuana, can be shocking to those used to the years of war against cannabis.

Wed
10
Jun

Oregon considers 20 percent tax on retail marijuana

GRANTS PASS, Ore. (AP) - The Oregon Legislature is considering imposing up to a 20 percent sales tax on retail sales of marijuana once it becomes available to consumers.

Proposed amendments to a bill (HB 2041) allowing localities to prohibit marijuana facilities within 1,000 feet of schools would impose a 17 percent state tax on retail sales of marijuana products, from buds to candies.

Wed
10
Jun

Denver’s new pot radio station blazes a trail, but will it run into legal issues?

Weed culture moved from the air to the airwaves in Colorado last week.

The first thing you notice after entering the Denver studios of “Smokin 94.1″ — Colorado’s first FM radio station devoted to marijuana enthusiasts, which debuted last week — is the lack of smell.

A giant bong and pot-themed posters decorate the offices, the music is in line with the brand (Bon Jovi’s “Blaze of Glory”), but the air is clean.

“It’s a non-smoking building,” said owner Marc Paskin, who doubles as DJ “Gary Ganja” during afternoon drive time. He’s additionally “O.G. Kush,” the announcer of the pot radio “4:20 News,” repeated at 5:20 p.m. “because our listeners can’t remember.”

Wed
10
Jun

EPA Issues Guidance On Marijuana Pesticides Amid Industry Uncertainty

When he was managing a 3,500-plant medical marijuana grow facility in Denver, Adam Koh would have his staff thoroughly inspect his crops several times a week for signs of infestation. Tiny bite marks on the cannabis leaves could mean two-spotted spider mites were piercing the plant’s skin and sucking up nutrients. Small piles of what looked like powdered sugar could be the beginning of a mildew incursion.

Wed
10
Jun

Aspen Marijuana Company Silverpeak Looking To Expand While Addressing Smell Issues

These are interesting and challenging times for Jordan Lewis, CEO of Silverpeak Apothecary, which sells both recreational and medical marijuana in Aspen.

Lewis will appear before Pitkin County commissioners today (June 9) in a work session focused on the marijuana smells that some neighbors say are wafting from High Valley Farms, the midvalley pot farm that Lewis owns and operates. The facility, which supplies the Silverpeak stores in Aspen, is located at 24359 Highway 82 in Basalt.

Today’s meeting comes after Silverpeak’s announcement Friday of its alliance with health care heavyweight North Shore-Long Island Jewish Health System. The two entities have linked arms to be a licensed marijuana provider in New York state.

Wed
10
Jun

Ohio Lawmakers Could Kill The ResponsibleOhio Marijuana Legalization Initiative

The ResponsibleOhio marijuana legalization initiative has caused quite a bit of controversy in marijuana politics. At first, the ResponsibleOhio initiative provided for just 10 marijuana cultivation sites. After some outcry by many people in the marijuana reform movement, ResponsibleOhio added a provision for home cultivation. But the rules surrounding home cultivation are unclear. I heard someone from the ResponsibleOhio campaign state that the home cultivation provision was copied from Oregon. But that’s clearly not the case because Oregon will not require a license to cultivate up to four plants. How hard will it be to get a home cultivation license? How much will it cost? What will the rules be?

Wed
10
Jun

7 States Where Medical Marijuana Is Legal But Barely Accessible

With New York State beginning to accept applications for medical marijuana providers last week, criticism of the hyper-strict program negotiated by Gov. Andrew Cuomo has been plentiful. Hinged on concerns about arbitrary regulations and insufficient patient access, advocates for medical marijuana access worry the program will be too small and restrictive to be effective.

Wed
10
Jun

‘Alternative’ Investments: Marijuana and Climate Change

From marijuana finance to global-warming trends, a look at some new ways to invest.

Most investors can do just fine by buying a fund pegged to the S&P 500 or focusing on a list of 10 stocks with solid dividends.

But that would be so square, man.

Indeed, most investment stories churned out each day are the kind your parents’ generation could easily relate to. But sprinkled in amidst the conventional fare are occasional stories that play on themes that might have once seemed suited only for the counterculture.

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