las vegas

Indoor Farming Offers Tech Investment Opportunities for the Future

llowing an exciting two days of panels, exhibitions, and community events, the 3rd annual Indoor Agriculture Conference in Las Vegas, Nevada showcased a number of gaps and opportunities related to investor relations between AgTech startups and VCs. A whitepaper released during the conference, the first of its kind, offered a comprehensive view to the future and potential $9 billion growth of indoor farming.


Growing Like a Weed: DigiPath is Building a Cannabis Conglomerate

The cannabis industry is rapidly growing and there are no signs that it’s slowing down anytime soon. According to ArcView Research, the market for legal cannabis is the fastest-growing industry in the United States, growing to $2.7 billion in 2014.

Many publicly traded companies have sought to capitalize on this growth by growing medical cannabis, pursuing clinical trials with cannabinoids, developing vaporizers and other accessories, or providing generic consulting services to the space. While many of these companies are involved in the industry, no clear market leaders have yet to emerge as conglomerates.


Nevada bill would allow sick pets to use medical marijuana

In this May 30, 2013, file photo, "Companion Cannabis: Medical Marijuana for Dogs & Cats" by Holistic Therapeutics is displayed at La Brea Compassionate Caregivers, a medical marijuana dispensary in Los Angeles. (AP Photo/Damian Dovarganes, File)

CARSON CITY, Nev. (AP) — Pets might soon be able to use pot under a bill introduced Tuesday in the Nevada Legislature.

Democratic Sen. Tick Segerblom is sponsoring the measure that would allow animal owners to get marijuana for their pet if a veterinarian certifies the animal has an illness that might be alleviated by the drug.

Segerblom said he’s concerned that some animals might have adverse reactions, but “you don’t know until you try,” he said.


Hemp Inc Launches Flagship Nutraceutical Product In the Market

In order to make good use of the current market conditions, Hemp Inc (OTCMKTS:HEMP) has decided to launch a new flagship Nutraceutical product Green Smoothie Hemp Protein in the market. As per the reports, the announcement was made during the 1st Annual Ascent Expo that took place at the Los Angeles Convention Center recently.

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Las Vegas Police raid home, arrest owner of marijuana delivery service

LAS VEGAS -- The owner of what's being called a marijuana delivery service business was arrested Wednesday night, Metro Police said.

The SCORE Taskforce found dozens of guns, marijuana and packaging in 36-year-old Christopher McDermott's home located in the 8300 block of Mount Logan Ct.

The packaging was similar to what was found earlier during a raid at the Super Budz business located in the 1900 block of Highland Avenue.

According to police, they served the warrant because they received multiple complaints about the business from neighboring stores in the area.


These Five States Could Legalize Marijuana in 2016

Nevada's vote is set and advocates believe they can get similar measures on the ballot in four other states

On Friday, Nevada lawmakers adjourned without voting on a petition submitted by residents to legalize marijuana and regulate it like alcohol. That means the initiative is going on the ballot in 2016, making Nevada the first state to officially be voting on pot legalization in the next election.


Nevada Marijuana Bill Would Allow Owners To Use The Weed For Sick Pets

A new Nevada bill introduced on Tuesday could allow pets to use pot. The proposal is part of a larger bill that would overhaul the state’s medical marijuana law, remove penalties for drivers who test positive for the drug, and require more stringent training for marijuana vendors.

Senator Tick Segerblom, D-Nev., is sponsoring a bill that would allow animal owners to acquire marijuana with the certification of a veterinarian if the animal’s pain could be alleviated by the drug, the Associated Press reported. Segerblom admitted that the drugs may have adverse effects on the animals, but said, “You don't know until you try."


Marijuana Legalization In Nevada: Voters To Decide Whether To Regulate Like Alcohol

Cannabis or marijuana possession and sale for recreational use in Nevada could be legalized in November next year as the legislature is expected to let voters decide whether to regulate it like alcohol. Nevada already has decriminalized possession of the substance for people 21 and older and it is legalized for medical use in the state, but possession of marijuana is still a misdemeanor and the sale of it is still a felony. The first offense of possession of 1 ounce or less of marijuana warrants a $600 fine, and subsequent offenses go up to $5,000 or even jail terms.


Pot power a pricey concern for Vegas’ medical marijuana industry

Early last year, the broker for a 100,000-square-foot warehouse near Las Vegas called the power company to find out how much juice the building would need.

Longtime NV Energy executive Arnold Lopez went out to meet a group on the site and asked what kind of business they planned.

After some hesitation, they told him: medical marijuana cultivation.

Lopez asked questions and started doing some quick math. And, as he recalled, “All of a sudden I came up with numbers I’d never seen before.”

That single marijuana-growing operation, he estimated, could require 5 megawatts of capacity — enough to power 1,000 homes. That’s about 5 percent of the capacity of an entire substation.


Leslie Bosckor searches for gold in NY pot

Leslie Bosckor, co-founder of Nevada Cannabis Industry Association, is creating a similar association in New York.

Leslie Bosckor (pronounced "bosscore"), investment banker turned canna-businessman, holds guru status for many looking to get into the growing sector of legal marijuana. For four years, the native New Yorker has lived in Nevada, where he has co-founded the Nevada Cannabis Industry Association and helped 15 organizations successfully apply for marijuana distribution licenses. In New York, he's creating a cannabis industry association and a hedge fund.


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