Marijuana Business News


UPDATED | Get Ready For May Celebrations Across The Country: - The High Community (THC)

This year’s 420 celebrations were nothing short of spectacular! Voices and press from other events suggests it was a nationwide success. Stoner’s from all around relented through the stark clouds and heavy rain to demonstrate a powerful statement, we want cannabis reform.

But now the clouds have cleared and the fun is over, where are the next 420 styled events?

Luckily for you we have an incredibly pro-active and thriving cannabis community hosting a spectrum exciting events all across the country this bank holiday weekend and beyond.

Also if anyone has a calculator, an abacus or a spare pair of eyeballs, could you please lend it to the Daily Mail team as they are really struggling to count recently. Many thanks.


Uruguay leader calls Colorado pot law 'a fiction'

MONTEVIDEO, Uruguay (AP) — President Jose Mujica says Uruguay's legal marijuana market will be much better than the system in Colorado, which doesn't track the drug after sale. And he says the medical marijuana laws many U.S. states have adopted are based on "hypocrisy" because they enable people to fake illnesses to get prescription weed.

Mujica also predicted Friday that Uruguay's system will be much tougher on drug users, and more effective in combatting illegal drug trafficking.

Mujica, who will visit President Barack Obama in the White House on May 12, says his government will license and regulate the entire marijuana business, enforcing pot possession rules as well as limits on production and sales so that violators get punished and addicts get help.


Hemp Fiberboard Poised To Replace Plywood

Want to support legal hemp production, but not sure how? It can be as simple as choosing hemp fiberboard over plywood for your next building project. Take a few tips from the experts into consideration.

Ryan Loflin, 41, is Colorado’s hemp farming pioneer. He saw the potential in hemp last year when he used his dad’s farm in southern Colorado to grow hemp after

Colorado legalized the practice. “Right now we are really focusing on seed production.” he said.

Other entrepreneurs have been researching the uses of processed hemp for everything from salad dressings to building materials for decades. They are looking forward to seeing more hemp farms in this country.


Task force sees bright future for ganja industry

The Cannabis Commercial and Medicinal Research Task Force (CCMRT) is hoping that the Government will move swiftly to make amendments to the ganja laws, as it launched the Ganja Future Growers and Producers Association at the Jamaica Conference Centre in downtown Kingston on the weekend.

Delano Seiveright, member of the CCMRT, explained to The Gleaner that the association aimed to represent the interests of various stakeholders and to lobby the Government for a properly regulated cannabis industry.

"We will be focused on the production process and the developments surrounding ganja. We are hopeful there will be changes in the law this year that will essentially allow persons to begin that process," he said.


The Wolves of Weed Street. Weed stock scams for dummies.

A sucker is born every minute and in the newly emerging and quasi-legal cannabis market I am pretty sure that number is much higher (pun intended). I just finished watching Martin Scorsese’s Wolf of Wall Street last night. Beyond the shock value of a lot of it was a sad and true story about the way “Wolfie” Jordan Belfort was able to fleece millions of dollars from hard working people by selling shitty pink sheet stocks that have little to no real company value behind them.


How to create your own cannabis social club and not die trying

Cannabis social clubs are associations that distribute and stock up on cannabis among their members, all of them of legal age. They function in the private sphere, thus reducing the risks associated with the black market and indiscriminate growing. These not-for-profit associations have arisen in countries where marijuana use has been decriminalized – as it is the case of Spain – to cover the needs of smokers who may have the right to consume, but not the right to grow or have restricted rights to do so. Find here below different requirements to start a cannabis club in Spain and succeed in the attempt:

1) Creation and registration



Vaporizers, e-cigs of the pot world, are booming

LOS ANGELES — Chris Folkerts started selling electronic cigarette-like devices from the trunk of his car two years ago. Now he and two partners own one of the biggest brands in the business, with products in 4,000 stores nationally, an art deco office on the city's fashionable Miracle Mile and an endorsement deal with rapper Snoop Dogg.

The rapid success of Grenco Science, the privately held company Folkerts founded, mirrors the fast growth of the business it is in — marketing devices that allow marijuana users to vaporize their psychoactive weed rather than smoke it.

"This is a big industry — it is the future,'' Folkerts, 31, says. "We're really on the cusp of exploding.''


Ganja can heal our nation - Wright-O'Connor, Seiveright believe Ja can reap rich rewards from legalising marijuana

 Daviot Kelly, Staff Reporter

Head of the Morris Entrepreneurship Centre (MEC), Hazel Wright-O'Connor, believes young persons can create business ventures using medical marijuana, provided the plant is legalised.

The MEC is an outreach unit of the Northern Caribbean University (NCU). The centre's primary focus is to provide business-development services for micro, small and medium-size enterprises.

Wright-O'Connor said students from the university's chemistry, biology and biochemistry departments were doing "wonderful things", including the creation of preservatives using gel, which eliminates the need for refrigeration.


Weeding out ganja myths

Ian Boyne

We are so intoxicated about the prospects of escaping our perennial poverty through the booming US$140-billion global ganja business that we couldn't care less about any scientific evidence which might exist about its potential harm. Ganja market and investment enthusiasts - not to mention Rastafarians like Michael Lorne - are so high over decriminalisation that they are impatient of discussion of any negative effect of ganja smoking.


Uruguay considers legalising marijuana as 'experiment', says President Jose Mujica

People wait outside the Parliament building while lawmakers pass the bill legalising marijuana, in Montevideo last week. The new bill aims to put the government in charge of the marijuana industry. Picture: AFP Source: AFP

URUGUAY wants to make a "contribution to humanity'' by legalising marijuana but will backtrack if the "experiment'' goes awry, President Jose Mujica has said.

Mr Mujica said he sees his country as a potential test case for an idea slowly gaining steam across Latin America - that the legalisation and regulation of some drugs could sap the cartel violence devastating much of the region.


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