Marijuana Business News

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Thu
23
Dec

Israeli company uses cannabis for women's health solutions

women exercise

Sagiv says 'If we know how to target this endocannabinoid system… we will know how to treat these conditions'

Gynica, an Israel-based company, is looking to address several medical conditions in women’s health through the use of an unconventional treatment method - cannabis.

Dr. Sari Pruychi Sagiv, vice president of research and development at Gynica, sat down with i24NEWS to explain how women’s health concerns can be managed with the pharmacological use of cannabis.

“We know that for thousands of years, women have been using cannabis or cannabis extract for women’s health conditions such as painful menstruation,” Sagiv explained.

Thu
23
Dec

Texas CBD retailers face employee overtime lawsuit

texas flag

Two Texas CBD stores are being sued by a former employee who says they illegally scammed workers of overtime pay.

The lawsuit filed Monday accuses two CBD USA Plus franchises managed by Jay Ashley and Jamie Ashley of having workers shuffle between stores in Sherman and Denton, both in North Texas, to avoid paying overtime.

Thu
23
Dec

Montana marijuana FAQ

Montana

Adult-use recreational marijuana sales begin on New Year’s Day 2022. From possession limits to travel tips, here’s what you need to know to keep on the right side of the new law.

On Jan. 1, 2022, adult-use recreational marijuana will become available for purchase in Montana. The launch of the new market raises a wide range of questions, from how much marijuana an individual can possess, to whether they can consume it in a national park, to the types of products that will be available for purchase.

Read on for answers to those questions, and many more, in this MTFP guide to the state’s post-prohibition marijuana marketplace. 

Thu
23
Dec

Big Marijuana Stock Profits in Surprising Places

earnings

Legal marijuana is a smoking hot growth industry in the U.S., Canada, and beyond. The global cannabis market is projected to soar from $20.5 billion back in 2020 to $90.4 billion by 2026.¹ And these estimates are likely conservative, as the U.S. moves closer to wide-ranging federal legalization and European nations, including economic powerhouse Germany, prepare to do the same in 2022.

The best part about investing in legal marijuana right now is that despite all of the progress, there are ample opportunities to get in right near the ground floor given where we are in the legal lifecycle. Plus, many top pot stocks are trading near all-time lows heading into the new year, after they were beaten down in 2021, along with other former covid high-flyers and growth stocks.

Thu
23
Dec

Recreational marijuana dispensary eyes spring opening in Round Lake Beach

building

The first recreational cannabis dispensary in Round Lake Beach is planned to open in the spring, after approval this week by village officials.

VISE Partners LLC received a special-use permit to open a shop called Altius in a former mattress store and original Blockbuster location at 993 E. Rollins Road, an outlot in the Rollins Crossing shopping center just east of Route 83.

Thu
23
Dec

Chico accepting applications for cannabis-related businesses

plants

Completion window limited to 10 days

The Chico City Council opted to begin the process of taking applications for new cannabis-related businesses through Jan. 7.

These potential businesses include non-storefront operations such as manufacturing, testing and distribution which use facilities that the public doesn’t have access to and do not take part in direct sales.

Wed
22
Dec

Taunton's first recreational retail pot shop is open — here's what the first day was like

shop

"Rec" is finally for real in Taunton.

On Monday, Commonwealth Alternative Care became the first of up to eight marijuana dispensaries licensed to sell pot to recreational users. The 30 Mozzone Blvd. business has been selling marijuana to folks with medical cards for more than three years. Dave German, general manager of Taunton operations, gave a tour of the recreational and medical shop at the front of the company's sprawling location, which includes 100,000 square feet where they grow weed and manufacture pot products.

"We're excited with the new recreational sales ability, so welcome to our dispensary," German said Monday.

Wed
22
Dec

Philly Startup Leaders launching accelerators for cannabis industry, ethical entrepreneurship

Isabelle Kent

 

Philly Startup Leaders is scrapping its programming lineup and launching a new set of startup accelerators focused on the cannabis industry and ethical entrepreneurship.

The nonprofit will launch its two new accelerators in the spring, with 10 spots open for each program. Applications for the “Cannabiz” accelerator opened last week, and the ethical entrepreneurship application window will open Jan. 10.

Philly Startup Leaders’ flagship idea-stage accelerator, Founded in Philly Series I, will have its 10-week format replaced by a workshop program scheduled for the weekend of Feb. 18. It will kick off two other accelerators in the fall focused on industrial innovation and consumer packaged goods.

Wed
22
Dec

This Entrepreneur Thinks CBD Is the Answer To Mom Stress

Amanda Goetz

Amanda Goetz is on a mission. Founder and CEO of the personal wellness and CBD brand, House of Wise, she’s a mom of three focused on shifting the public perception of CBD and cannabis use — especially when it comes to what it can do for women and moms.

“After realizing the potential of CBD in my own life, I made it my mission to source, develop and provide products to other women that were reliable, trustworthy, and high-quality. I’m focused on being a leader and advocate to break down the stigmas surrounding CBD as well as the stigmas women, and especially mothers, face in our society today,” she tells Romper.

She says her company’s goal is to empower women to take control of their sleep, stress, strength, and sex.

Wed
22
Dec

Nonprofit for pregnant women & young parents used funds on smoke shop and to buy land for hemp production, records show

pregnant belly

Long list of questionable purchases by state-funded organization called ‘an egregious misuse of tax dollars’ by lawmaker

A San Antonio nonprofit that provides assistance to pregnant women and young parents spent $25,000 this year to purchase land that was later registered to produce industrial hemp, records obtained by the KSAT 12 Defenders show.

The land purchase was finalized in August, according to Bexar County Clerk records, and is one of a long list of questionable expenditures made by A New Life for a New Generation, a nonprofit founded in 2016 with locations on the city’s West Side and East Side.

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