Business
The Budding Ganja Business
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Is Monsanto Ready to Enter The Medical Marijuana War?
As legally allowed medical marijuana becomes more widespread, it is no surprise that many are realizing there is legal money to be made off of this traditionally illegal cash crop. Even Illinois has adapted medical marijuana laws, and soon it will be legal to buy weed in Chicago as long as you have a prescription. With
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Mexico City Mulls Legal Marijuana Clubs
The Mexico City council is considering the legalization of cannabis plants and the creation of private marijuana smoking “clubs” as it mulls controversial legislation to liberalize consumption, lawmakers said. The capital hosted a three-day forum on drug policy amid a growing debate in Latin America over the course of the region’s deadly struggle against narcotrafficking,
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Legal marijuana likely available next June
OLYMPIA — Anyone waiting to legally buy recreational marijuana in Washington will have to wait about nine months longer. Revised regulations given tentative approval Wednesday for a system to license, inspect and track the drug would probably get the first lawfully grown and processed marijuana into state-licensed stores by June 1, some 20 months after voters
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State liquor board would allow 3 Kent marijuana retail stores
The city of Kent would be allowed as many as three recreational marijuana retail stores under the filing of proposed supplemental rules approved Wednesday by the the Washington State Liquor Control Board. The city of Kent, however, bans recreational marijuana stores as well as production or processing facilities. So if someone came to the city for
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Wash. to issue 334 licenses for legal pot stores
SEATTLE – The Washington State Liquor Control Board released a detailed county-by-county breakdown on the number of retail licenses it will issue for selling marijuana. On Wednesday, the board said to will grant a total of 334 licenses for stores to sell pot in the newest phase in the implementation of I-502, the state ballot
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Marijuana Smoke and mirrors
Marijuana has been a bit of a media buzzword in recent weeks, with public figures of all stripes from across the country in federal, provincial and municipal politics adding their own confessions to the deluge of admissions into personal pot-smoking histories. Federal Liberal Leader Justin Trudeau was first in line, declaring he’d smoked a joint
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Legal marijuana: How could it work?
Interim step of decriminalization not the answer, say advocates for legal pot Liberal Leader Justin Trudeau’s recent call for legalization and referendum votes in Colorado and Washington in 2012 have opened the door to a discussion on how to legalize marijuana in Canada. (Cliff DesPeaux/Reuters) While the debate rages for and against legalizing marijuana, there’s
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Massachusetts: The Department of Health Receives 181 Dispensary License Applications
The competition to land one of 35 medical marijuana dispensary licenses that the state of Massachusetts will allow is underway. The Department of Public Health received a total of 181 applications that they’re currently reviewing to determine which of the contenders will obtain a license to dispense marijuana for medicinal dedications in the state. The list of
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In Washington and Colorado, the Real Fight Will Come Down to Marijuana Businesses
Nearly 10 months after Colorado and Washington state legalized the use and sale of recreational marijuana, Vermont Senator Patrick Leahy announced Monday that he’s invited Attorney General Eric Holder and Deputy Attorney General James Cole to testify at a September 10 Senate Judiciary Committee hearing. Specifically, Leahy wants Holder and Cole to answer questions about “whether it is
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Medical marijuana industry draws interest, and caution abounds
When Governor Pat Quinn signed a bill earlier this month that will legalize medical marijuana in Illinois, it opened up a new industry to legitimate investment in the state, albeit an industry that is still illegal under federal law and thus carries a unique risk. According to a report by the Chicago Tribune, more than 200 people paid as
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Watch out for medical marijuana investment scams
What’s that old saw about making sure something passes the smell test before putting your money on the line? So if you sense a little odd aroma around a text or e-mail that touts the next hot stock, make sure to hold onto your checkbook. That’s right, the Financial Industry Regulatory Authority issued a warning
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CNN Trying to Stop Strain of Marijuana Being Named for Dr. Sanjay Gupta
Boulder dispensary says it will keep the name for now Aug 26, 2013, 9:50 am EDT | By Burke Speaker, Investorplace Writer A medical marijuana dispensary in Colorado is being told by CNN that its lighthearted humor in naming a strain of weed after Dr. Sanjay Gupta is no laughing matter. The cable news giant, owned by Time Warner (TWX),
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Vineyard Medical Marijuana Group Seeks Off-Island Pot Farm
“We have determined that the seasonal economy of Martha’s Vineyard cannot support a growing facility,” according to Mike Mahoney, attorney for a group applying for three medical marijuana dispensary permits in Dukes and Barnstable counties. Posted by Louisa Hufstader (Editor) , August 26, 2013 at 10:07 AM Comment Recommend The principal named in the Kingsbury Group application is Mark
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Biz, labor support tax on recreational marijuana
But medical pot attorney Corry is not high on proposal 8/26/2013 By Peter Marcus THE COLORADO STATESMAN With less than three months before Colorado voters decide whether to tax recreational marijuana for schools and enforcement, proponents are only just sparking the proposition. But the Committee for Responsible Regulation is not too worried. Its last polling in
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Frankie got around smoking law; now he offers private pot spot
By JOHN M. GLIONNA — Los Angeles Times Olympia tavern owner Frankie Schnarr takes a long draw from his bottle of Coors Light and scans his sports bar, listening to billiard balls rattle and a pinball machine explode with points. Cassie Hickam smokes marijuana at Frankie’s Sports Bar and Grill in Olympia. State law makes it
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Wet vs. Dry Cities for Weed in Washington
BELLINGHAM, WA — Last night the largest city in Whatcom County repealed a moratorium on legal pot stores enacted last month. In a 6-0 vote, the Bellingham City Council reversed course and approved zoning for legal pot, according to theBellingham Herald. The move comes as the Washington State Liquor Control Board plans to accept marijuana business
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Huge Selection of Nevil and ReeferMan Medical Marijuana Seeds Now Available Online From R.M.S.S. Medical Marijuana Seed Sales
R.M.S.S. is now offering their giant selection of the world’s most popular medical marijuana seeds including Reeferman and Nevil weed seeds online at http://medicinalmarijuanaseedssales.co.uk. Vancouver. British Columbia (PRWEB) July 01, 2013 R.M.S.S. medical marijuana seeds, based out of Vancouver, British Columbia, is now carrying large selection of the popular Reeferman medical marijuana seeds. Reeferman seeds
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Marijuana Venture Capital Fund Launches As Ganjapreneurs Go Mainstream
In the latest sign of marijuana’s continued evolution from contraband to legitimate commodity, two California entrepreneurs on Wednesday unveiled an investment fund aimed at providing seed capital to pot-related ventures. The fund, Emerald Ocean Capital, plans to steer clear of growing operations and retailers, instead investing in business that support those industries, such as online
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Why would-be marijuana moguls have their work cut out for them
When you think economic opportunity, do you think of a heavily regulated, highly-competitive consumer goods sector where prices are set to drop? No? Maybe we should dial back the excitement around the potential of the US marijuana industry. With the legalization of recreational marijuana in the American states of Colorado and Washington last year, along
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Who Will Get High Off The Marijuana Gold Rush?
Over the past few years, the perennial debate about the legalization of marijuana has become a permanent conversation held at the periphery of medicine, law, andinvestment. The dialog has been forced there because of THC’s status as a Schedule I drug under the Controlled Substances Act, but was brought into the spotlight when California passed the Compassionate Use
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‘Free For All’ Cannabis Delivery Project Launches In Colorado
By Doug Fine As he prepared to distribute the first of 100,000 specialized cannabis seedlings in a limo once owned by Ferdinand Marcos, the last thing Denver’s Bill Althouse was worried about was money. This is important, since the debut of his “Free For All” cannabis delivery project, which he invited me to witness on
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The sale of cannabis seeds is not illegal
Cannabis is being sold legally iin Sheffield shops because of a loophole in the law, The Star can reveal. Seeds of the Class B drug – linked to long-term mental health problems and paranoia – can be bought for as little as £8. It would then take just three months to germinate the seeds and
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Entrepreneurs with pot-related businesses compete for investors
SEATTLE — Entrepreneurs with pot-related companies competed for top dollars from international investors in Seattle Monday. They met at the top of the Bank of America Building. Small business owners took turns pitching their ideas hoping it would pay off. Fifteen companies competed for the financial backing from angel investors, with more than $1 million
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