Alaska

Tue
02
Aug

Alaska State Officials 'Subverting' Marijuana Industry, Outgoing Board Member Says

An outgoing member of the Alaska Marijuana Control Board says some officials in Gov. Bill Walker's administration, as well as remaining board members, are attempting to delay implementation of the voter-approved commercial cannabis industry.

"There's an underlying agenda to subvert the process, to delay the implementation of a legalized marijuana industry," says Bruce Schulte, who was abruptly removed from the five-member board on Friday by the governor. "It doesn't look like the State of Alaska is really serious about making this happen."

A replacement was not immediately announced.

Fri
29
Jul

EXCLUSIVE: Mitigate Risk of an IRS Audit for your Marijuana Business

The Internal Revenue Service is after cannabis companies in Colorado, sparking uncertainty and unease among cannabis businesses. The newest audits are focusing on Form 8300, which is the form used to report cash transactions of $10,000 or more. The IRS is investigating large cash transactions which have been processed by these businesses for evidence of money laundering and underreporting of business income. While some marijuana-related businesses in Colorado have already been able to settle their Form 8300 audits, other business owners are dealing with audits from the IRS regarding Section 280E.

Wed
27
Jul

People Spend As Much On Legal Weed As They Do On Alcohol

The legal weed industry is dominated by men.

Consumers are reaching for cannabis nearly as often as they are for a can of beer, a new report has found.

The typical male customer spends about $647 annually on marijuana products, while female consumers drop about $634 each year on weed, MarketWatch reported. That’s compared to an average of $645 a year on alcohol and $1,000 a year on coffee, according to a survey from Headset, which tracks weed transactions.

Wed
27
Jul

Anchorage's First Commercial Marijuana Grow Approved by Assembly

The Anchorage Assembly approved the city's first commercial marijuana grow Tuesday night, a significant step forward for the developing legal cannabis industry.

"This whole green revolution, it starts here tonight with the City of Anchorage," said Assemblyman Dick Traini who voted to approve the local marijuana license and special-use permit for Dream Green Farms and to refer the application for a second proposed commercial marijuana grow, Arctic Herbery, to an Assembly committee for additional review after a flurry of late-night debate.

Tue
26
Jul

Heliospectra Closes Deal with Alaskan Entrepreneur

Heliospectra AB (publ) (OTCQB:HLSPY, FIRSTNORTH:HELIO), a world leader in intelligent lighting technology for controlled environments horticulture, is pleased to announce that Green Leaf, a recently licensed cannabis cultivation facility in Alaska, selected the Heliospectra LED lighting system. Green Leaf owner-operator Aaron Bean chose the Heliospectra LED-based solution after determining that it is the only product in the marketplace with the power and versatility to support every stage of the cannabis growth cycle.

Fri
15
Jul

'Disappointed tourists' must wait, says Alaska marijuana advocate

An Alaska marijuana advocate says the state is making progress towards legalization, even if it's not fast enough for some Canadian tourists.

"Weekly, I hear from tourists who come up and are confused because they couldn't find the open shops yet," says Leif Abel, who chairs the Alaska Coalition for Responsible Cannabis Legislation.

He says there have been delays in the law, but he accepts it's a complicated project.

Leif Abel has plans to legally grow marijuana in Kasilof, Alaska. He says the delays are understandable and is urging Canadians to be patient and respect the law. (Leif Abel/Facebook)

This week, the latest version of the state's draft rules were sent for public consultation.

Tue
12
Jul

Coming Soon: America's Next Big Cannabis Tourism Destination

If you're looking for a cannabis-friendly vacation spot, some destinations are no-brainers: Jamaica. Denver. And even Uruguay, which legalized cannabis in 2013.

But for those who prefer more off-the-beaten track travel with top-notch cannabis, and minimal restrictions on possession and consumption, you might want to pack your parka and plan ahead for a trip to Alaska.

Tue
05
Jul

Where the Stoners Are: America's Top 10 Marijuana Using States

Acceptance of marijuana seems to have reached a tipping point in the United States. Four states and the District of Columbia have already legalized it, half the states have medical marijuana laws now (two-thirds if you count the CBD-only states), and as many as a half dozen states, including California, could vote on legalization in November.

Public opinion polls now consistently report majority support for legalization nationwide, and pot is increasingly moving from newspapers' crime pages to the finance and culture sections.

Mon
04
Jul

These People Want to Show Alaska Tourists the Marijuana Industry

To Keith Crocker, it's clear marijuana could be the logical next step in pushing Juneau's tourism industry to a higher level.

That's why he and business partner Mitchell Knottingham created Juneau Cannabis Tours.

Their idea — to give tours of Alaska's new marijuana industry in action — is a glimpse into a potential new piece of the state's visitor economy.

Some Alaskans are mulling the idea of starting up marijuana tourism companies, while others already have business licenses, but all seem to be biding their time until more commercial marijuana licenses are approved later this year.

Going on marijuana tours in Denver gave Crocker and Knottingham insight into the sort of company they wanted to build in Alaska.

Wed
29
Jun

3 Ways to Avoid Losing Cash in the Legal Marijuana Industry

The THC in the marijuana plant is medicinal and the fibers in hemp can be used in manufacturing. This has led to marijuana being legalized in some states in the US. This includes states like Colorado, Washington, Oregon and Alaska. It is expected that 16 more states will legalize the use of marijuana within the next 5 years. 14 of these states will legalize the use of recreational marijuana and 2 states will legalize medical marijuana. It is projected that by the end of 2019, legal marijuana will bring in a combined income of $ 19 billion in all the states that it has been legalized in.

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