Marijuana Business News

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Fri
11
Jan

Most Kansans not legally cleared to grow hemp

The Kansas Department of Agriculture says although hemp is now federally classified as a crop, Kansans can't grow it yet.

Only farmers selected by the state for its research program will be allowed to grow hemp. The state's regulations for industrial hemp are headed for a public hearing on Wednesday. That's when hemp growers will have the opportunity to talk to lawmakers about their concerns.

After the hearing, farmers can apply for the industrial hemp license and pay a $1,000-per-acre fee for farming. That fee is something Rick Gash is planning to bring up at Wednesday's hearing.

"The seed is not cheap. If you're growing for CBD, you could be paying $8,000 a pound, and it takes three pounds at minimum per acre, so, $24,000 an acre," Gash says.

Fri
11
Jan

What are the best strains from Humboldt to grow outdoors?

When breeders work hard behind the scenes, the initial traits purposely bred into the next generation of lineage could have a lot to do with environmental factors.

Knowing the traits in which certain strains were designed can help you grow a consistent flowering strain that jives with your environment. Below are many factors to consider when choosing the strain to grow outdoors.

Courtesy of Humboldt Seeds

Fri
11
Jan

Hydrofarm announces strategic partnership with Argus Controls for advanced horticultural production

PETALUMA, Calif.--(BUSINESS WIRE)--Hydrofarm Holdings Group, Inc., a leading independent wholesaler and manufacturer of hydroponics equipment and commercial horticultural products, today announced a strategic partnership with Argus Control Systems Ltd. to provide advanced environmental systems and services for horticultural production in the United States and Canada

Fri
11
Jan

Why Aurora Cannabis and Canopy Growth caught fire yesterday

What happened

Canopy Growth (NYSE:CGC), a top Canadian pot company, is up big again today. Shares of the pot titan bolted higher yesterday on a particularly rosy upgrade from analysts at Piper Jaffray. And the company's stock is getting yet another boost today from an unrelated bit of news: an upbeat earnings outlook provided by its partner Constellation Brands (NYSE:STZ).

Fri
11
Jan

Data shows black people in Philadelphia are still targeted after pot decriminalization

Despite the decriminalization of cannabis in Philadelphia four years ago, African-Americans in the city are still being disproportionately charged with marijuana offenses by police. The city decriminalized possession of less than 30 grams of cannabis with an ordinance passed in 2014.

But arrests for possession are still made, and purchasing marijuana is still a criminal offense. In the four years since decriminalization, Black people—who represent 44 percent of the city’s population—made up 76 percent of all arrests for marijuana possession. The defendants in 81 percent of arrests for buying cannabis were Black.

Thu
10
Jan

Canadian legal cannabis prices nearly 50 percent higher than black market prices

Marijuana became legal across Canada in October, but that hasn’t stopped the black market from thriving. Product shortages across the country have made it nearly impossible for some to purchase cannabis legally and have cause length wait times for those who have purchased cannabis online. Add to this the high cost of buying cannabis legally and it’s no wonder that people are continuing to purchase cannabis from the illicit market.

Numbers released earlier this week by government agency Statistics Canada found that the average price for a gram of legal recreational cannabis was $9.70 whereas a gram could be purchased from the illicit market for $6.51, a near 50 percent difference.

Thu
10
Jan

More big consumer companies will bet on pot this year

Marijuana is going mainstream and Wall Street has started to notice.

Thu
10
Jan

Recreational weed may spark up Michigan's medical marijuana industry

One in four applications for a license to run a medical marijuana facility made it to the state licensing board in 2018 as state officials conducted extensive vetting and fielded inquiries from 900 prospective businesses.

Last year the industry welcomed new regulations and legal clarity from a 2016 law -- the Medical Marihuana Facilities Licensing Act (MMFLA) -- and the state saw the first retail sale of medical marijuana in October.

The 2018 launch of the commercialized medical marijuana industry ended with a marijuana shortage and the closure of at least 72 dispensaries. Starting 2019, patients are having trouble finding their medicine.

Thu
10
Jan

Proposed Easthampton marijuana shop The Verb is Herb may pitch online appointments to control crowds

The president of The Verb is Herb will propose offering online appointments to customers if such a measure is needed to win city approval for a retail adult-use marijuana shop in a 74 Cottage St. storefront.

The proposed store’s special permit is back before the Planning Board at 6 p.m. Tuesday, Jan. 15 in the Municipal Building at 50 Payson Ave.

At a December hearing, the city’s Planning Board sent The Verb is Herb president and CEO William S. Hartley home without the needed special permit. The board requested more information on crowd control, especially on opening day, and said the plan would need Police Chief Robert Alberti’s approval.

Thu
10
Jan

Canada’s first cannabis HR network attracts some of the biggest names in the industry

With the growth in the Canadian cannabis industry on a steady rise, from overseeing high-volume recruitment to addressing cannabis on the job, human resource professionals have a lot on their plate, and not a lot of peer HR organizations or platforms to consult for help or advice.

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