Marijuana Business News

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stocks
business
Thu
16
Apr

Landing Colorado’s Pot Jobs Requires Cash Upfront

Looking to work for a medical or retail dispensary in Colorado? Cannabis business owners aren’t the only ones who get to pay licensing fees to the Colorado Department of Revenue Marijuana Enforcement Division; employees of both medical and retail dispensaries must pay application fees for the privilege to wear state-issued identification badges. The badges are backed up by fingerprints and background checks, but for the people looking for jobs created by legalized marijuana, it takes money to make money.

Thu
16
Apr

Pet cannabis raises questions about hemp's legality in Florida

Joy Drawdy has an emergency arrest plan.

If the police come, she’ll call her lawyer. She’ll send her friend to care for her store. She’ll have her partner care for her cats, dogs and chickens.

But she hasn’t had to use it — yet.

Drawdy, 45, and her partner, Kat, own Earth Pets, a Gainesville pet store that not only sells soy dog collars and organic pet treats, but it also shelters homeless kittens in a community kitten therapy room.

But the emergency arrest plan is for a product she sells, called CannaVet, formerly known as Canna Companion during the summer.

CannaVet is an herbal supplement for pets with problems like anxiety, seizures and allergies. The problem lies in its main ingredient: hemp.

Thu
16
Apr

Jordan Person of Primal Therapeutics Cannabis Infused Massage Therapy

This past year has been totally insane for Jordan Person, the owner of Primal Therapeutics. Between driving hundreds of miles each month to visit patients and clients both local and tourist, Person also entertains national and international media on a regular basis. While the Green Rush is drawing all kinds to Colorado where so long ago others chased gold, Jordan genuinely cares for cannabis and people. She’s looking to make the world a more comforting place while she engages her entrepreneurial journey and that is something we can respect.  — Diane Fornbacher, Publisher of Ladybud Magazine

LADYBUD: Where did you study and get certified in massage therapy?

Thu
16
Apr

Here's what to know about Colorado Springs' cannabis club scene

According to Studio A64 owner KC Stark, "Colorado Springs is the Silicon Valley of cannabis. Denver is the Hollywood — we're more technical, more conservative."

There's some truth to that. While Denver is testing the public-perception limits of Amendment 64 with weed-friendly events like movie screenings, concerts and tour buses, the Springs is exploring new business models.

Enter the cannabis clubs. Parents want somewhere to smoke where the wee 'uns won't wonder about the smell. Young renters want somewhere to hit the bong without violating the lease agreement. And tourists don't want to buy pipes only to ditch them in airport amnesty boxes. There is a need, and these clubs fill it.

Thu
16
Apr

Cannabis Meets Capitalism on CNN With ‘High Profits’

CNN’s latest Original Series “High Profits” premieres on Sunday at 10pmET. CNN’s foray into the weed industry follows Brian Rogers and Caitlin McGuire as they attempt to become the first ever “moguls of marijuana.”

The eight-part series, produced by Bat Bridge Entertainment, will examine the booming industry that is legalized marijuana. We’ve seen in the past the marijuana-related programming does very well with viewers.

Wed
15
Apr

What 4/20 means to me: For pot critic, it’s all about camaraderie

By , The Cannabist Staff

Wed
15
Apr

Anatomy of a Capital Raise: ebbu’s Road to VC Funding Winds On

Back in January, ebbu LLC‘s Dooma Wendschuh was embarking on a journey to raise $9 million in venture capital funding. The money will fund research and development into cannabis products that Colorado-based ebbu plans to produce and sell.

Since announcing the opening of the capital raising, Wendschuh has spent much of his time on the road talking to potential investors. The exercise has involved late nights, early mornings, working holidays, more alcohol ingestion than he is used to and revisions to the business plan based on feedback from potential investors.

Wed
15
Apr

The marijuana industry's battle against the IRS

Millions of Americans rushed to finish their taxes in the hours just before the midnight deadline Wednesday. But for business-owners in the cannabis industry, a years-long tax battle is far from over.

Supporters of legal marijuana cited tax revenue as big factor in pushing through laws that have allowed medical marijuana sales in 23 states and recreational pot in four. But the businesses that grow and sell marijuana in those states are also staring at a steep federal tax bill, especially when compared with businesses in other industries.

Wed
15
Apr

Facing more delays, marijuana patients endure

Four years after Delaware medical marijuana legislation passed, patients are still forced to buy pot illegally.

Deb McPherson, of New Castle, is medical marijuana cardholder. She is one of 200 Delawareans certified by the state under a 2011 law to use pot.(Photo: SUCHAT PEDERSON/THE NEWS JOURNAL)

For Deb McPherson, marijuana is medicine. But purchasing the drug is nothing like buying pain pills or picking up a blood pressure prescription at a local pharmacy.

"It's extremely difficult," said McPherson, 47, of New Castle. "You're asking around everyone you used to know in high school. You're hitting people up on social media."

Wed
15
Apr

Snoop Dogg invests in delivery start-up that can deliver marijuana in 15 minutes

Federal law may still prohibit its use and tech giants such as Google and Apple are still resisting its allure, but the market for marijuana in the United States is hot.

Entrepreneurs, private investors, academic researchers and, most importantly, voters all seem to share the same opinion – that legalisation in some form is likely across the country.

Opponents of legalisation must feel like they are fighting a losing battle. Hardly a day goes by without some form of good news for supporters of marijuana legalisation in the US, whether it is for medical or personal use.

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