Marijuana Business News

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Tue
31
Mar

Advice for Employers Hiring Medical Marijuana Users

According to Todd Wulffson, an attorney who defends numerous employers dealing with employees wanting to use medical marijuana on the job, there are four scenarios in the employer-employee relationship that could lead to lawsuits.

Wulffson has some advice for employers dealing with these certain scenarios:

Tue
31
Mar

Will Marijuana Be Covered by Your Insurance Plan?

Over the past two decades, marijuana has made some incredible strides.

In 1995 marijuana was not legal in any states, and according to Gallup, just 25% of its survey respondents were in favor of legalizing the drug. Then the wheels of change started spinning with California's legalization of medical marijuana in 1996.

Since this landmark legalization, we've seen 23 states and Washington, D.C. legalize medical marijuana, while another four states and D.C. have legalized marijuana for recreational use. Furthermore, two well-regarded polls from Gallup and the General Social Survey both recently noted that for the first time in history, the majority of respondents favored legalizing marijuana.

Tue
31
Mar

How The Pharmaceutical Industry Is Partly Responsible For Creating “Superbugs”

While antibiotic drugs like penicillin have saved countless lives and eliminated most public health threats like syphilis, there is a darker side to these miracle cures – the worsening global trend of antimicrobial and antibiotic resistance, which in turn has led to the creation of drug-resistant bacterial strains known as “superbugs”.

And while doctors and scientists race to find new forms of antibiotic medication to treat these developing illnesses, there’s another aspect to antimicrobial and antibiotic resistance that needs to be addressed – the issue of pharmaceutical companies and environmental pollution.

Tue
31
Mar

Medical marijuana industry could spark local economy

Michael Kahn, owner of MCR Labs in Framingham which tests medical marijuana products, with samples waiting to be tested. Daily News Staff Photo / Allan Jung

NATICK – Meaghan Chalmers hopes to get a jumpstart on a budding new industry in Massachusetts.

The 26-year-old Lynn woman is learning from instructors at Natick’s Northeastern Institute of Cannabis information that will help her have a successful career in an array of businesses forming as a result of Massachusetts’ legalization of medical marijuana.

“There’s going to be a ton of businesses opening up,” Chalmers said. “I want to be in the cannabis industry for the long-term.”

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.

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