Marijuana Business News

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stocks
business
Thu
09
Apr

US Legalization of Marijuana Has Hit Mexican Cartels' Cross-Border Trade

The cartels are still smuggling harder drugs but advocates point out the success of legalization in cutting illegal trade

In the midst of this seething mountain capital, Mexico’s security ministry houses a bizarre museum — a collection of what the army seizes from drug traffickers. The Museo de Enervantes, often referred to as the Narco Museum, has drug samples themselves (including the rare black cocaine), diamond-studded guns, gold-coated cell phones, rocket-propelled grenades and medals that cartels award their most productive smugglers. It also shows off the narcos’ ingenuity for getting their drugs into the United States, including “trap cars” with secret compartments, catapults to hurl packages over the border fence and even false buttocks, to hide drugs in.

Thu
09
Apr

Kentucky Farmers To Join Universities This Year In Industrial Hemp Growing Projects

Around 120 Kentucky farmers will grow hemp this year as the state enters its second of five years of hemp research and testing as allowed under the Farm Bill.

Adam Watson is the industrial hemp program coordinator for the Kentucky Department of Agriculture. He says though growing hemp commercially isn’t legal yet, there’s growing interest in the crop.

“We’re still at the beginning stages of research,” he said. “Today we can’t sit and tell you this is the most economical way to produce it or this is the best crop to be growing it for like seed versus fiber but what we have learned is there is a wide interest from industry.”

Wed
08
Apr

Indoor Farming Offers Tech Investment Opportunities for the Future

llowing an exciting two days of panels, exhibitions, and community events, the 3rd annual Indoor Agriculture Conference in Las Vegas, Nevada showcased a number of gaps and opportunities related to investor relations between AgTech startups and VCs. A whitepaper released during the conference, the first of its kind, offered a comprehensive view to the future and potential $9 billion growth of indoor farming.

Wed
08
Apr

Cannabis Topicals: A Good Niche for Health Entrepreneurs

Marijuana topicals are having their day, particularly in Colorado where cannabis-themed spas are offering therapeutic massage and alternative treatments that use salves, balms and oils infused with cannabis. Generally, these topicals begin with a carrier oil like coconut oil or olive oil that is cooked down similar to butter when baking edibles.

In some cases the cannabis infusion is the main therapeutic ingredient. Most of the time, however, the topicals are blended with other essential oils that also have anti-inflammatory properties like lavender, frankincense or lemon grass.

Wed
08
Apr

State-by-State Marijuana Packaging and Labeling Guide

If you run a marijuana dispensary, whether medical or retail, then you already know that compliance is essentially the be-all and end-all of your business. Compliance is what keeps you operating within the confines of state law, which is your only protection in a market that is still considered illegal by the federal government. Packaging (often called “exit packaging,” since it refers to how your product must be packaged before it leaves the dispensary in the hands of a patient or consumer) and labeling requirements are an important part of that.

Wed
08
Apr

Rand Paul, Advocate for Legalized Marijuana, Running for President

Paul wants a much smaller federal government that does much less — and he's laid out a detailed plan for what this would look like. On foreign policy, he wants to be far more cautious about using the military abroad — a challenge to his party's orthodoxy. He wants to reform our criminal justice system's sentencing and drug laws. And he strongly opposes abortion and supports gun rights.

Though he's been in the Senate only four years, Paul has managed to place himself at the center of many policy debates — and his candidacy should lead to a substantive, issue-focused debate on where this country should go.

Wed
08
Apr

Canberra-Based Company Morphs Into A Marijuana And Industrial Hemp Company

A STAGNANT Australian mining company, known as a zombie, is morphing into a marijuana and industrial hemp company and intends to be the first listed company of its type.

The Canberra based Capital Mining has barely traded with its shares valued at less than a cent, hence the zombie category, but it is now aiming at snapping up future global licences in countries where legislation surrounding marijuana changes.

Capital listed on the ASX March 2007 and was engaged in the exploration for deposits of gold, base metals, platinum, nickel, uranium and other rare metals in south eastern Australia.

It follows the listing of Phytotech in January, a medical marijuana company which is also aiming at the US market.

Wed
08
Apr

Kelly Slater dives into the story of marijuana trade

Kelly Slater has bought the film and television rights to "Thai Stick: Surfers, Scammers, and the Untold Story of the Marijuana Trade".

The 11-time world surfing champion is expanding his business fields. Slater is ready to adapt Peter Maguire and Mike Ritter's book to the screens. The final result will be a documentary film and a TV series.

"This is a history they certainly don't teach you in school but an important and significant cultural phenomenon that occurred mostly undocumented. It took the professional historian and former smuggler 15 years to complete, and it is based on thousands of hours of interviews," explains Kelly Slater.

Wed
08
Apr

Wiz Khalifa And Other Celebrities To Market Own Brands Of Legalized Marijuana

By Anya Sostek / Pittsburgh Post-Gazette

First came marijuana legalization. And now comes commercialization.

Late last month, Willie Nelson announced plans to open a chain of marijuana stores in states such as California, Colorado and Washington, with a spokesman likening the business model to “a Whole Foods store.”

Within the last year, singer Melissa Etheridge announced plans to produce cannabis wine, Bob Marley’s estate launched Marley National, a marijuana brand “offering heirloom Jamaican cannabis strains” and movie producer and director Kevin Smith branded two strains of weed to promote his walrus horror film “Tusk.”

Wed
08
Apr

Washington State's Road To Legal Marijuana Strewn With Potholes

Taxes are too high, competition from medical marijuana too great and the bureaucracy is overwhelmed by the volume of applications -- the perfect recipe for a robust black market

The highs, and lows, of legal marijuana

Amber McGowan surveys the clutch of customers milling around the three counters in her tiny marijuana retail outlet and nods approvingly – pot is hot.

Men and women who appear to be mostly over 50 consider products with names such as Headband, Skunk, Banana Kush and THC Bomb. A five-pack of oatmeal cookies that are nothing like the ones your mother used to make go for $42 (U.S.). Behind a glass enclosure there are bongs of every colour and description. Psychedelic renderings grace the store’s wood-panelled walls.

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