Business

The Budding Ganja Business

  • CNN Trying to Stop Strain of Marijuana Being Named for Dr. Sanjay Gupta

    CNN Trying to Stop Strain of Marijuana Being Named for Dr. Sanjay Gupta

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    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

    Vineyard Medical Marijuana Group Seeks Off-Island Pot Farm

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    “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

    Biz, labor support tax on recreational marijuana

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    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

    Frankie got around smoking law; now he offers private pot spot

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    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

    Wet vs. Dry Cities for Weed in Washington

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    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

    Huge Selection of Nevil and ReeferMan Medical Marijuana Seeds Now Available Online From R.M.S.S. Medical Marijuana Seed Sales

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    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

    Marijuana Venture Capital Fund Launches As Ganjapreneurs Go Mainstream

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    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

    Why would-be marijuana moguls have their work cut out for them

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    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?

    Who Will Get High Off The Marijuana Gold Rush?

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    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

    ‘Free For All’ Cannabis Delivery Project Launches In Colorado

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    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

    The sale of cannabis seeds is not illegal

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    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

    Entrepreneurs with pot-related businesses compete for investors

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    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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  • Tech Workers Fuel San Jose Medical Marijuana Scene, Employers Give Up on Drug Screening

    Tech Workers Fuel San Jose Medical Marijuana Scene, Employers Give Up on Drug Screening

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    It was only a few years ago that spooked-out city leaders in San Jose declared that medical marijuana dispensaries had taken over their town. Today, there are still more than 100 dispensaries in the South Bay city, many more than are in San Francisco and the East Bay combined. And they’re thriving, with no small
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  • Discovery Bets on 2 Dope Series About Pot Growers

    Discovery Bets on 2 Dope Series About Pot Growers

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    Cupcake makers, pawnbrokers and storage container raiders have all had their moments in reality television’s spotlight. Now the time may be right for marijuana growers — and the people who chase them. The Discovery network debuts a six-episode series, “Weed Country,” at 10 p.m. Wednesday and will replace it with “Pot Cops” in April. Both
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  • Nederland Could Be First Town To Set Up For Recreational Marijuana Industry In Colorado

    Nederland Could Be First Town To Set Up For Recreational Marijuana Industry In Colorado

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    Marijuana advocates unhappy with the state’s progress toward implementing Amendment 64 are pursuing passage of a local ordinance in Nederland that would make the mountain town the first in Colorado to set up a recreational marijuana industry — well in advance of pending statewide regulations. Yet Mayor Joe Gierlach dismisses the group’s efforts, saying the
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  • Kingpin: Marijuana Funding Model Starts to Take Shape

    Kingpin: Marijuana Funding Model Starts to Take Shape

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    Photo, video and graphic by Siemond Chan   When Ean Seeb and his business partners founded Denver Relief, their medical marijuana dispensary in downtown Denver’s Baker neighborhood in 2008, it was strictly a bare-bones effort. No fancy interior decor, no proprietary strains or products, no state-of-the-art grow house. Their inventory at the time was as
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  • Medical Marijuana, Inc. Releases Audited Fourth Quarter 2012 Financials

    Medical Marijuana, Inc. Releases Audited Fourth Quarter 2012 Financials

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    SAN DIEGO, Feb. 8, 2013 — /PRNewswire/ — Medical Marijuana, Inc. (OTC: MJNA), a leading cannabis and hemp industry innovator, today announced the release of its audited fourth quarter financial statements.  The Company earned net income of approximately $3.2 million on record gross revenues of $5.2 million for the quarter ended December 31, 2012.  This represents
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  • Medical marijuana could be a shot in the arm for US unions

    Medical marijuana could be a shot in the arm for US unions

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    THE medical marijuana shop next to a tattoo parlor on a busy street in Los Angeles looks much like hundreds of other pot dispensaries that dot the city. Except for one thing: on the glass door — under a green cross signalling that cannabis can be bought there for medical purposes — is a sticker
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  • Israel Is Becoming A Pioneer In Medical Marijuana Research

    Israel Is Becoming A Pioneer In Medical Marijuana Research

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    Medical Marijuana Progress in Israel CBD vs. THC For a country that was never that big on tolerance, Israel is proving to be a pioneer in medical marijuana research. To be more precise, the country’s decision to grow medical marijuana with an extreme CBD to THC ratio is commendable to say the least.CBD (Cannabidiol) is a substance found
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  • Medical Marijuana, Inc. Closes with Lotus Capital for a $2 Million Equity Based Line of Credit

    Medical Marijuana, Inc. Closes with Lotus Capital for a $2 Million Equity Based Line of Credit

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    SAN DIEGO, Aug. 14, 2012 /PRNewswire/ — Medical Marijuana, Inc. (OTC: MJNA) a leading hemp industry innovator, has announced that the Company has signed closing documentation for a $2 million USD line of credit with Lotus Capital, a Chicago based private equity firm. The line of credit will be used as a reserve fund for product expansion
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