Marijuana Business News

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Wed
01
Apr

Addressing Medical Marijuana Insurance Claims

With the approval of marijuana as a treatment for medical conditions in 23 states, plus Washington D.C., and the legalization of recreational marijuana use in two states (Colorado and Washington where its legal medically and recreationally), there are several factors an adjuster should consider when handling an injury claim involving legalized marijuana use.

Recently, Bernyce Peplowski MD, senior vice president National Medical Strategy and Innovation with US Health Workers Medical Group, presented on the topic of ethics of medical marijuana for casualty claims during the annual Combined Claims Conference held in Orange County, California.

Wed
01
Apr

10-year-old gets sweet investment from 'Shark Tank' for lemonade business

A 10-year-old in Texas got a pretty sweet investment for her booming lemonade business.

Investors on "Shark Tank" saw a lot of potential in Mikaila Ulmer when she came on the show to pitch her lemonade company, BeeSweet.

This isn't your everyday lemonade stand, and "Shark Tank" investor and FUBU CEODaymond John noticed.

He said: "Partnering with Mikaila made perfect sense [...] She's a great kid with a head for business and branding. She's got a great idea and I'm happy to help take BeeSweet to the next level."

The millionaire businessman invested $60,000 in this unique beverage company.

Wed
01
Apr

Are You an Entrepreneur?

Understand that entrepreneurs think differently. They are people willing to do things that other people do not. Some people say it’s the Midas touch, when in reality it’s much more than that.

Entrepreneurs have a different mindset. Without exception people with an entrepreneurial spirit become successful when they take their ideas and do what ever it takes to make them become a reality.

Successful people think of the possibilities, not the problems. They make things happen. They don’t quit when things get tough and will make lemonade from the nastiest of lemons. People that are entrepreneurs seek out solutions, where other people see only roadblocks.

Wed
01
Apr

Two Russians charged with selling marijuana, bongs online

Eight Russian tourists were detained, and two of them charged with possessing and selling marijuana and bamboo pipes for smoking it online, on Koh Phangan in Surat Thani, police said on Wednesday.

A police officer shows a carved bamboo pipe used for smoking marijuana following a raid on two houses on Koh Phanan island on April 1 in which eight Russian tourists were detained, and  two of them charged with possessing and selling marijuana and bamboo pipes for smoking it on Facebook. (Photo by Supapong Chaolan)

Pol Col Pachum Ruengthong, chief of Koh Phangan police, announced the arrest of the three men and five women following a raid on two rented houses on the island.

Wed
01
Apr

Cannabis Garden Manager job - CCC Management Inc - Oak Creek, CO

The position in question will be responsible for the day to day management of a state licensed cannabis cultivation business in Routt County Colorado near Steamboat Springs.

Responsibilities of the job include management of the several employees,the organic cultivation, harvest, manicuring and packaging and distribution of the cannabis.

Prefer 5 years organic commercial cultivation experience with at least 1 year of management. Organic Integrated Pest Management experience a must.

Prefer formal education IE: Bachelor of Science in plant science or horticulture. Field experience will be considered in substitution for formal education.

Pay is negotiable and based on experience and skill set

Tue
31
Mar

CEN Biotech's Last Ditch Efforts

CEN Biotech, the company that wanted to become the billion dollar king of Canada's medical marijuana industry, has made waves yet again in their latest attempt to become licensed, after losing their final appeal with Health Canada.

The company dropped its lawsuit against the Minister of Health on Friday - the one claiming Health Canada was “unlawful or unreasonable” in rejecting the company’s medical marijuana license. They did not give any reason for dropping the suit.

Now a petition has appeared on the popular site Change.org with an open letter to Health Canada. Here's a small portion of the letter that outlines the complaints:

Tue
31
Mar

New Zealand Hemp smoothie maker pulls 'healthy, druggy' adverts

A popular salad and sandwich chain has been ordered to pull advertising for its top-selling hemp smoothie because it made it sound like the drink could get you high.

The Herald on Sunday revealed last weekend the advertising for Habitual Fix's hemp smoothie included slogans such as "Man, that's some strong stuff", "Just ask your dealer," and "Don't panic, we also do munchies".

The $7.50 smoothies are a blend of hemp oil, cucumber, mint, yoghurt and apple juice.

They were being served in a plastic cup with a cannabis leaf on the front.

Tue
31
Mar

Tarpon Springs ‘hemp house’ owner an ambassador for the crop

TARPON SPRINGS — Bob Clayton’s first encounter with hemp was at a health food store where the fibrous plant was sold in bottles as an ideal source of protein and omega acids.

At the time, he had no idea of the many uses for the tall cannabis plant, which Florida farmers are banned from growing due to its association with its psychoactive relative, marijuana.

The two happen to come from the same plant, but industrial hemp’s chemical makeup doesn’t produce a high.

What its fibrous stalks can produce is durable clothing, paper and even car dashboards.

Clayton, a retired engineer, also saw its potential as an Earth-friendly fiber for construction.

Tue
31
Mar

Chart of the Week: 25 Months Wait Time From US Legalization to Sales

The wheels of state government can grind slowly, especially when it comes to medical marijuana implementation.

In regulated states where dispensaries are open for business, it took an average of 25 months for the very first licensed dispensary to open after the state’s MMJ bill or ballot passed.

However, many regulated states don’t have any dispensaries open for business yet. Would-be dispensaries in those states have been waiting an average of 20 months now to be able to open their doors. They are probably still looking at another 4-6 months of waiting, at best, before launch.

Tue
31
Mar

Women's marijuana event 'a Tupperware party for cannabis'

Karen Wagner shows Sexxpot marijuana during a sample and share cannabis product party in San Francisco, Calif., on Wednesday, March 25, 2015.

 

In a Russian Hill apartment, 17 women passed around cannabis-infused gluten-free vegan blueberry almond granola and rubbed marijuana-based topical cream into their shoulders.

The attendees — lawyers and chefs and nurses and tech executives among them — inhaled from vaporizers and erupted in laughter when a woman lauded the aphrodisiac wonders of Sexxpot, a new strain of Humboldt County-grown herb that she recently smoked with her husband.

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