Marijuana Business News

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stocks
business
Mon
06
Apr

Marijuana trimmers use tiny scissors but eye big careers

Washington's marijuana business has created a legal occupation that offers career opportunities for bud trimmers.

"I've done everything from pumping gas to remodelling houses, but I think there's longevity in this," 32-year-old bud trimmer Kurt Vermillion said.

Bud trimmers make between $12 and $15 an hour and use small scissors to trim away leaves and other things from marijuana buds. Most trimmers work on about half a kilogram of pot per day.

Experienced workers can move up to gardeners or concentrate makers and make $50,000 to $90,000 US a year.

For 37-year-old Julie Whittaker, who started trimming buds in November, the job turned out to be less stressful than her former work in the banking software industry.

Sun
05
Apr

Understanding OTC Markets

Public stock investors in the cannabis industry are largely relegated to the over-the-counter marketplace. This is much different from stocks trading on an exchange, and far less expensive for companies to access. Therefore many small, micro-capitalization companies choose to offer shares of their company through this market.

We are believers of free markets and access to efficient forms of capital; from that standpoint, we see OTC as a potential option for companies. However, regulators cannot keep up with the biggest scams, think Enron and Madoff, let alone effectively monitor the thousands of small companies. This gap in oversight creates opportunities for the ill-inclined to pounce, get rich and rob the everyday investor. We see this malfeasance all the time.

Sun
05
Apr

Side Streets: Colorado Springs drug treatment center won't have marijuana shop next door after all

After declaring the U.S. attorney's enforcement of drug-free school zones arbitrary and not based on law, the owner of several medical marijuana dispensaries and recreational pot shops statewide has abandoned a dispensary he was developing near Colorado College, walking away from it just weeks before it was scheduled to open.

Dispensary owner Brian Ruden said Tuesday that he made the decision after federal officials told Side Streets in a March column that Ruden's Tree of Wellness II at 705 N. Nevada Ave. risked being shut down if it opened because of its proximity to two schools north of downtown.

Sat
04
Apr

Newest Aurora marijuana dispensary opening

Good Chemistry will open in Aurora next week.(Photo: Courtesy | Good Chemistry)

DENVER BUSINESS JOURNAL - Aurora's newest marijuana dispensary will open next week at 16840 E. Iliff, making it the second location for Denver-based Good Chemistry.

The dispensary will offer recreational marijuana only, while Good Chemistry's original location at 330 E. Colfax Ave. offers both recreational and medical marijuana.

Matt Huron, founder and CEO of Good Chemistry, assembled a team of professionals including a botanist and an investment banker to help grow his company, which he eventually wants to debut on a national scale.

Sat
04
Apr

Bitcoin May Be Frustrating, But Marijuana-backed Coin Sounds Interesting

If cryptocurrencies like Bitcoin, Litecoin, and others, are too volatile for you, then maybe its time to look out for safer coins.

Accepting the fact that Bitcoin and other cryptocurrencies have an inherent volatility risk, creative crypto-thinkers are working on numerous projects to create currency standards which will be backed by physical commodities such as gold, marijuana, and urea.

Sat
04
Apr

THE WATCHDOGS: Pot cops move from fighting drugs to protecting now-legal industry

As cops, part of their jobs was to put away drug sellers and users. Now, former law enforcement officials are doing private security work for Illinois’ now-legal medical marijuana industry.

“I became a policeman in 1968,” says Terrance “Terry” Gainer, a former Chicago homicide detective and chief police legal adviser who went on to lead the Illinois State Police and the U.S. Capitol Police and is now a security adviser for a company that has been granted state permits to grow and sell medical marijuana. “I did not conceive that in the year 2014 I would be working for a company interested in the medical marijuana business.”

Sat
04
Apr

Bud Genius Adds Financial Expert to Executive Advisory Board

Bud Genius Inc. (RIGH 0.0002 -33.33%), a leading cannabis laboratory and branding specialist, recently announced the addition of Dr. Peter Wilson, Ph.D., to its Executive Advisory Board. Dr. Wilson is a well-known and highly-respected expert in accounting, financial reporting, and business law with over 25 years of experience in corporate finance and 19 years at Duke University’s Fuqua School of Business.

Sat
04
Apr

World Cannabis Week Will Be Returning to Denver

Billed as being the “World’s Largest Legal Cannabis Celebration,” the annual World Cannabis Week will be returning to Denver this coming April. The event, which will be the third one so far, will run from April 16 through April 20 in Denver, Colorado, and tickets and packages are now on sale.

World Cannabis Week is quickly becoming one of the foremost cannabis trade shows and conventions in the industry. It is a much-anticipated convention by both purveyors of marijuana and cannabis-related products and by people who enjoy partaking in the recreational use of pot, or who are prescribed the drug for medical reasons.

Sat
04
Apr

“Momma bears” roam the Florida Capitol searching for medical marijuana for their cubs

Momma bears, it’s taking the momma bears to end the reefer madness.

Paige Figley, Holley Moseley and Dawn Wein are among a group of women who worked the Florida Capitol the past year persuading, pressuring and pleading with lawmakers to lift a prohibition on medical marijuana and authorize the use of cannabis products they believe will ease their children’s suffering and, in some cases, potentially save lives.

When they showed up at the Capitol it was to put an exclamation point on the generation-long shift in how Americans view marijuana – since the 1990s twenty-three states have authorized its use as medicine.

 THE LOBBYIST

Sat
04
Apr

Colorado expo offers hemp products, but no seeds or plants allowed

More than 70 vendors will sell hemp-based products in Loveland on Saturday, while dozens of speakers discuss the benefits of the crop on a local, national and global scale.

There will be live artists sketching on hemp paper and stations where kids can make jewelry from hemp materials. But don't expect to find viable hemp seeds or plants for sale.

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