Marijuana Business News

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Thu
14
May

Right to Farm vs. State Regulation

A Missouri woman recently claimed Missouri’s “Right to Farm” constitutional provision as a defense in a felony prosecution for growing nine marijuana plants in her basement. All states have right to farm laws, generally intended to protect farmers from civil suits brought by encroaching suburban neighbors based on things like the smell of pig manure.

Thu
14
May

SideCar Launches Marijuana Delivery Service For San Francisco Residents

Ride-sharing company SideCar is planning on getting ahead of the competition by teaming up with local cannabis distributor Meadow to provide same-day medical marijuana deliveries to residents of San Francisco.

According to reports, the offer of special delivery will be much like SideCar's other transport services, wherein customers receive their package within an hour after making the order. Delivery requests will be made through the dispensary of San Francisco's Apothecarium.

"SideCar is able to power the on-demand economy, and medical marijuana is an example of all kinds of products we can deliver," Sunil Paul, SideCar co-founder and CEO, said. "The motivation is also that it's high profile."

Thu
14
May

Pot Is A Hallucinogen That Lets Satan Devour You, Says Colorado GOP Rep.

Gordon Klingenschmitt, the supreme moron of the Colorado state legislature, is back on his radio show, now that Colorado’s latest legislative session has ended. His controversial statements have, in the past, angered even some of his fellow Republicans, but he’s one of those religious right-wingers that doesn’t seem to care. He’s upset about Colorado legalizing pot, because the hallucinations it causes are actually invitations for demons to possess users.

Thu
14
May

Marijuana Growers Eyeing Conservation to Reduce Costs, Boost Image & Allay Energy Concerns

Cannabis cultivators are increasingly exploring sustainability and energy conservation as a way to cut costs and minimize their impact on the environment.

And they might be forced to take such steps in the future: Severe water and energy shortages in some areas of the country are leading to pushback from local officials, which could usher in new restrictions on marijuana cultivation operations and stifle the industry’s growth.

Thu
14
May

Viridian Capital Hosts First Ever NYC Marijuana Investor Briefing

An entrepreneurial investment opportunity in a new industry is unfolding as more and more states legalize medical and recreational marijuana. “Investing in the Emerging Cannabis Industry While Managing Risk” on June 18th in New York will explore and discuss the opportunities and risks in this growing multi billion-dollar industry. Hosted by Viridian Capital Advisors, the first investment banking and strategic advisory firm dedicated to the cannabis market, this invitation-only morning briefing is open to attendees of the Cannabis World Congress & Business Exposition (CWCBExpo).

Thu
14
May

Quebec to track, study use of medicinal marijuana

Researchers in Quebec have launched a registry of medicinal cannabis users to determine the safety of the drug and its effectiveness in treating a variety of diseases and conditions.

The Quebec Cannabis Registry will be used to compile and store clinical data collected directly from about 3,000 medical marijuana users in the province, who will be enrolled through their primary-care doctors over a 10-year period.

“The registry is now basically open for business,” said principal investigator Dr. Mark Ware, a family doctor and McGill researcher who specializes in pain management.

Thu
14
May

Marijuana 101: Welcome to America's cannabis classes

It’s a rare education seminar that includes this shot across the bow: “Everything and anything we’re talking about today is federally illegal—there is no grey area.” Yet that’s the warning that course facilitator Doug Porter issued to the dozen students attending a one-day workshop held by the Cannabis Career Institute (CCI) at a Baltimore airport hotel on a recent rainy Saturday. “I don’t want you to be negged out by this,” he said. “If you’re crossing your T’s and dotting your I’s, chances are you’ll never spend a day in jail.”

Thu
14
May

Investing in Cannabis Testing Labs and Expansion of Marijuana News Focus of DigiPath

DigiPath, Inc. (OTCBB and OTCQB: DIGP), the independent cannabis testing, media, digital pathology, and education firm, announced the filing of its quarterly report on Form 10-Q for its second fiscal quarter ended March 31, 2015, with the Securities and Exchange Commission.

"DigiPath ended the quarter with $3.9 million of stockholders' equity," says David Williams, DigiPath's CFO. "We completed the purchase and installation of our state-of-the-art cannabis testing equipment, created our testing protocols, and expect to begin generating revenues from our significant investments later this quarter."

Wed
13
May

Medical marijuana winners and losers are already starting to emerge as potential bidder drops out

Applications for one of five medical-marijuana licenses in New York will roll into the state Department of Health through a May 29 deadline, but winners and losers already are emerging. And at least one aspiring marijuana grower has decided to take his business elsewhere.

Wed
13
May

As marijuana deadline looms, 5 things New Yorkers should know

With a May 29th deadline for applications from prospective marijuana growers and sellers who want to do business in New York State fast approaching, we turned to the nation's leading cannabis business figure to help make sense of what's happening.

Brendan Kennedy, CEO of Seattle-based private equity firm Privateer Holdings, talked about why New York became the 23rd state to legalize medical marijuana, how New York's law differs from other states, and how the unions fit into all of this. Here's an edited transcript of our conversation.

 

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