Marijuana Business News

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Tue
12
Nov

University of Maryland offering first of its kind master's program in cannabis

The University of Maryland is now offering a master’s degree in cannabis that is being billed as the first in the nation. In the two-year program, students will study the basics of medical marijuana, including the clinical uses and adverse effects of cannabis. Course work will also cover public health considerations and state and federal policy and legislation. Students who complete the program will earn the Master of Science (MS) in Medical Cannabis Science and Therapeutics from the university’s School of Pharmacy.

Tue
12
Nov

Missouri wants to ban medical marijuana businesses from paying taxes with cash

Missouri’s health department wants to ban medical marijuana businesses from paying taxes in cash, a move that industry advocates say could shut out small businesses from the field.

Missouri voters in 2018 made medical marijuana legal but sales are still prohibited under federal law.

Financial institutions, particularly national banks, shy away from working with the cannabis industry because of the federal ban, BeLeaf CEO Mitch Meyers said. That forces some marijuana businesses to pay bills and salaries in cash.

Tue
12
Nov

Alabama commission discusses draft of medical marijuana bill

For the last three months, the commission appointed to determine whether medical marijuana is right for Alabama has held public hearings and heard testimony. Now, the panel might have something to show for it: actual legislation.

Tim Melson, a Republican state senator who serves as chair of the Alabama Medical Marijuana Study Commission, said last week that he has a draft of a medical marijuana bill that is nearly ready to be proposed in the legislature.

Tue
12
Nov

New Jersey man sues Amazon for firing him over medical marijuana use

A New Jersey man filed a lawsuit in October against his employer Amazon for allegedly firing him after not advising his superiors of his medical marijuana treatment. The man, who has been publicly identified only as D.J.C., failed a random drug test in July, and was put on temporary paid leave. After supplying the documentation of his condition that the company asked for, he was officially terminated.

Tue
12
Nov

Hemp Vs. CBD

Hemp for Victory

North America is bustling with hemp crops this growing season, and there’s talk of more and more planting in the seasons to come. It appears that the majority of more recent hemp-growing efforts are for the production of CBD (cannabidiol), the highly sought-after medicinal compound found in cannabis.

Mon
11
Nov

Military veterans are the future of weed entrepreneurship

When I was on active military duty in the US, Korea, and Iraq from 2004 to 2011, my fellow military veterans and I were trained to lead through uncertain times. We were conditioned to perform under intense pressure to complete the mission set in front of us. 

I learned early in my career about the impact of uncertainty, ambiguity, and high risk. And no career could have been a better training ground for becoming a cannabis entrepreneur.

From the very beginning in our military journey, soldiers are required to take on new challenges and concepts and apply them in real-world situations. Former military personnel have the unique ability to learn in unconventional environments.

Mon
11
Nov

Pot or not? Hemp confusion grows, as seizure and arrest in New York show

The CBD craze might be leaving the war on drugs a bit dazed and confused.

Mon
11
Nov

Worldwide cannabis sales to grow 853% by 2024, new report estimates

It's no secret that cannabis is considered one of the hottest investment trends of this generation on Wall Street. Although selling a processed plant isn't exactly what you might call innovative, the black market for global weed sales generates tens of billions of dollars each year. This means there are clear-cut reasons to believe that these illicit sales can be moved to legal channels in the years to come.

Mon
11
Nov

1st commercial cannabis grow License issued in South Africa

A Cape Town strawberry farm has been issued the first commercial license to cultivate cannabis in South Africa, where medicinal use is legal, and recreational use is in the process of being legalized.

The license is for growing cannabis but not for manufacturing any end products for sale or consumption, reports EWN.

Medical uses for cannabis include products that help treat pain, anxiety, insomnia and cancer, according to Healthline.

Listen to GHOGH with Jamarlin Martin | Episode 67: Jamarlin Martin

Mon
11
Nov

Vaping crisis takes toll on September cannabis sales

Stocks quotes in this article: KSHB

The vaping crisis is taking its toll on cannabis vape sales, but overall cannabis sales continue to grow. Still, with over a thousand patients and multiple deaths as reported by the CDC (Centers for Disease Control), cannabis consumers have become very cautious as to the products they purchase.

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