Marijuana Business News

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Tue
31
Mar

Willie Nelson launches his own marijuana strain, Willie's Reserve

Willie Nelson is infamous for his support for legalizing Marijuana across the country. Cannabis Now magazine reported on Friday that the legendary musician and songwriter wants to launch his own strain of cannabis in the states that it is legal. He named the strain Willie’s Reserve. Would you want to try his unique Marijuana strain?

Photo by Bruce Bennett/Getty Images

Mon
30
Mar

Publicly Traded Marijuana Companies: Buyer Buzzkill

In Spring 2014, the Securities and Exchange Commission suspended trading in several publicly traded marijuana companies, including FusionPharm, Inc., Cannabusiness Group, Inc., GrowLife, Inc., Advanced Cannabis Solutions, Inc., and Petrotech Oil and Gas, Inc. In addition to those suspensions, the SEC issued a warning regarding investments in publicly traded marijuana-related stocks. Though we have no opinions about these specific marijuana companies, we do have an opinion regarding publicly traded pot stocks in general: BE CAREFUL.

Mon
30
Mar

CannaServe Announces Concierge Business Advisory Service for Cannabis Dispensaries and Ancillary Businesses

Fort Lauderdale, Florida (PRWEB) March 30, 2015

Legal cannabis business owners and entrepreneurs constantly face uncertainties and critical situations due to the current nature of the emerging industry. Quite often, they need quick answers to legal, accounting, human resources, insurance, banking, compliance or other cannabis industry specific business questions. However, most business owners often hesitate to contact a lawyer or other business professional out of fear of the very expensive “Ticking Clock Syndrome", or simply because they don't have a trusted business advisor or reliable “go to source” readily available to them.

Mon
30
Mar

Focus: Medical marijuana continues to be source of litigation

There has been one constant since the Ontario Court of Appeal struck down the prohibition against possession of marijuana for medical reasons in 2000: the subsequent rules imposed by the federal government have been subject to repeated court challenges. Litigation around medical marijuana has heated up ever since the government changed the rules aound who can produce and supply it. Photo: Gordon Swanson/Shutterstock The courts have found the regulations that govern medical marijuana to be invalid on more than one occasion and there are two current proceedings before the courts that could again require the federal government to go back to the drawing board.

Mon
30
Mar

Illinois Training event helps job seekers in medicinal marijuana industry

A thick line of people formed inside a Doubletree hotel Saturday afternoon, all of them waiting to learn if they had earned the distinction of certified budtender, one of many titles for a person who works behind the counter at a medicinal marijuana dispensary.

Hemp Staff, a Florida-based company that aims to educate, certify and assist jobseekers in the medicinal marijuana industry, hosted two sold-out budtender training and certification sessions Saturday morning and afternoon at the hotel in Rosemont.

Though marijuana is still illegal under federal law, a state pilot program that took effect last year has allowed for up to 21 cultivation centers and 60dispensaries to grow and sell medicinal marijuana in Illinois.

Mon
30
Mar

After legalization, marijuana events fighting for a foothold in Portland

People ambled through the Oregon Hemp Convention on Friday, casually inspecting colorful glass bongs and trying samples of rice crispy treats and chocolates, chatting with vendors about growing marijuana plants at home and extracting cannabis oil safely.

Our more relaxed attitude toward marijuana is nothing new, but this was all still a bit surreal.

But as Oregon eases into recreational marijuana, bigger festivals and conventions like this weekend's event should become the norm, popping up throughout the year at venues in and around Portland.

Mon
30
Mar

RedeCan Pharm’s Newest Canadian LP Greenhouse Approved For Sale

Ontario-based RedeCan Pharm was announced as the newest, fully licensed to sell producer under the MMPR on March 25th. The family-run operation, located in the Niagara region, is approximately 15,000 square feet of “primarily hydroponic” greenhouse production space and has 30 years of agricultural experience.

RedeCan becomes the 17th Licensed Producer fully-authorized to sell medical marijuana in Canada under the Marihuana for Medical Purposes Regulation after being approved to produce (grow) in June 2014.

Mon
30
Mar

DuBe Hemp Energy Shot Expanding Across States

American Seed & Oil Company Brings DuBe Hemp Energy Shot to Three More States - Colorado, New Hampshire and Vermont

DALLAS, March 27, 2015 /PRNewswire/ -- Algae International Group, Inc. (OTC: ALGA), through its operating subsidiary American Seed & Oil Company, today announced an expansion of the previously announced  distribution agreement of the DuBe Hemp Energy Shot in Texas and Kentucky.  American Seed & Oil will now be selling the DuBe Hemp Energy Shot in Colorado,New Hampshire and Vermont.

Mon
30
Mar

The 5 Biggest Obstacles Facing Medical Marijuana

For those who want to see marijuana legalized for recreational adult use, medical purposes, or perhaps both, the past couple of years have truly been groundbreaking.

Mon
30
Mar

The Cannabis Patch Production Begins in Aspen

Ganjaprenuer Josh Meacham can finally say he’s found a sweet spot to make his pot patches.

Meacham began production this week of the cannabis-infused patches at his lablike facility below the now-defunct Johnny McGuire’s Deli at 730 E. Cooper Ave.

RX Green is the name of the startup company with just a handful of employees. And it’s been awhile in the making.

At one time, Meacham had planned to manufacture the patches at the old Poppies Bistro Cafe building at 834 W. Hallam St., but that deal fell through, leading him to find a spot in the Buckhorn Arms building.

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