Marijuana Business News

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Sat
25
Apr

BioTrackTHC Partners with Cannabis Global Initiative to Expand Business Opportunities

FORT LAUDERDALE, Fla., April 22, 2015 -- BioTrackTHC the leading provider of seed-to-sale software solutions for medical and retail marijuana businesses and state governments, today announced that it has retained Cannabis Global Initiative (CGI) to expand the reach of BioTrackTHC's cannabis tracking technology to new domestic and international regions.

"CGI and its president, Wanda James, are primary movers in this sector and we know that this agreement will bolster BioTrackTHC's already rapidly growing business," said Steven Siegel, CEO, BioTrackTHC. "In fact, just this week Wanda James was named as one of the 20 most influential people in the cannabis industry by International Business Times, a tremendous and well-deserved honor."

Sat
25
Apr

With state legalization, law firms create new practice groups to advise marijuana businesses

 

SAN FRANCISCO - Lawyers and pot dealers have long intersected in criminal court, but as marijuana goes mainstream, attorneys have been working to keep sellers and growers legit.

Marijuana divisions are popping up at law firms to advise pot shops on where they can locate, what their websites can say and how to vet new clients.

"It's definitely something that established firms are dipping a toe into, though they are being very cautious, and rightly so," said Sam Kamin, a professor at the University of Denver Sturm College of Law who teaches a class about representing the marijuana industry.

Sat
25
Apr

The War on Drugs Costs Us All Big Money

After generations of prohibition, marijuana is finally finding a place in the legal market. The history of the outlawed cannabis plant goes way back, all the way to early 1900s. In fact, before then, growing cannabis and hemp plants were encouraged by governments, as it provided an immensely durable material that had seemingly-limitless uses. Then, at some point in the 1920s and 1930s, cannabis became a pariah and was demonized in the eyes of the general public.

Sat
25
Apr

PharmaCan Announces In The Zone Produce Ltd. Enters Into Partnership With NWC Inc.

TORONTO, ONTARIO--(Marketwired - April 23, 2015) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICES

PharmaCan Capital Corp. (TSX VENTURE:MJN) ("PharmaCan") is pleased to announce today that its wholly-owned subsidiary, In The Zone Produce Ltd. ("In The Zone"), has entered into a strategic partnership with NWC Inc. to expedite the development and expand the scope of its operations at its 14 acre parcel of land in the Okanagan Valley, BC.

Sat
25
Apr

Denver Metro Chamber sues Colorado Cannabis Chamber over logo

Leaders at the Denver Metro Chamber of Commerce say the new Colorado Cannabis Chamber of Commerce logo looks too much like theirs and are suing for trademark infringement.

Denver Metro Chamber of Commerce filed a lawsuit in U.S. District Court late Thursday saying the Colorado Cannabis Chamber of Commerce is infringing on its trademark, and the leaders believe the similar logos will result in confusion and harm to the Denver Metro Chamber of Commerce brand. It's asking the court to prohibit the Colorado Cannabis Chamber from using its current logo.

Fri
24
Apr

Industrial hemp seed inches closer to TN farmers' hands

The Tennessee Department of Agriculture has received word from the U.S. Drug Enforcement Administration that its registration to import hemp seed has been approved.

This follows months of discussion between the two agencies about Tennessee’s industrial hemp pilot program that have farmers unsure they’ll get the hemp seed in time to plant a crop. The good news is no additional restrictions have been set on the program regarding acreage or number of participants, said Corinne Gould, a state spokeswoman.

Tennessee’s initial applications totaled more than 2,100 acres by 53 growers, far exceeding those from nearby states like Kentucky that have launched similar programs.

More regulatory approvals are still needed.

Fri
24
Apr

Marijuana Business Incubator Launches In Texas As Entrepreneurs Anticipate Legalization

Texas is known for many things, but legal cannabis isn’t one of them -- yet. Although the state hasn’t legalized marijuana use at this point, one enterprising incubator has taken on a number of pot entrepreneurs making big plans for the next few years.

The Texas Cannabis Industry Association (TCIA) has already begun working with nine startups on everything from business plans to legal advice. It also lobbies on cannabis policy issues at the state level.

Fri
24
Apr

Patient Advocacy and Community Outreach Drive Successful Dispensaries

One of the most important components of the marijuana industry is the dispensary. Since marijuana cannot be legally shipped through the post office, and since laws in most states are at best vague about delivery services, the best way to sell legal marijuana is in a building known as a dispensary.

Fri
24
Apr

Israeli Agro-tech for Medical Marijuana

Israeli research and development in traditional areas like agriculture technologies are crystallizing into new market areas for cannabis

Not long before flower children of the Sixties started talking peace and love and smoking pot, an Israeli researcher made a landmark study deciphering the chemical makeup of its active ingredient, THC.

Using an 11-pound lump of Lebanese hash seized by the national police, Raphael Mechoulam identified and synthesized the first known cannabinoid from cannabis, among an estimated 60 to 85 known compounds. He’d go on to discover more.

Fri
24
Apr

Ottawa blasts Vancouver's pot shop plans

Health Minister Rona Ambrose sends letter to mayor, warning dispensaries are illegal. 

OTTAWA -- The federal government drew battle lines with the City of Vancouver Thursday over the city’s plans to regulate marijuana dispensaries, saying they are dangerously close to legitimizing an illegal substance.

Prime Minister Stephen Harper’s government said municipal governments have no authority to regulate and license businesses that sell pot.

“I am deeply concerned by reports that the City of Vancouver intends to discuss a proposal to regulate illegal drug dispensaries at an upcoming council meeting,” Health Minister Rona Ambrose told Mayor Gregor Robertson in a letter.

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