Marijuana Business News

Synonyms: 
stocks
business
Tue
05
May

Cannabis Seeds Scotland

Dear Scottish grower,

I am sure you already know it but cannabis seeds are legal to buy in Scotland. Of course like in England, theses seeds are for souvenirs or Bird food only and it's forbidden and illegal to germinate those and growing cannabis too. But who knows? maybe one day growing cannabis will be legal in Scotland. Let's face it, Scotland will never have, except with a huge global warming, the best climate to grow marijuana outdoor. The Scotisch grower will have to look a bit more into Indica strains and autoflowering seeds.

Tue
05
May

New Cannabis Industry Testing Standards May Open Big Opportunities for GTSO

Green Technology Solutions, Inc. (GTSO) continues work to bring its new cannabis testing laboratory online in Colorado as demand rises within the industry for improved, standardized testing methodology.

Tue
05
May

The "Martha Stewart of Marijuana" Helps Women Get Into the Weed Business

Beverly Hills Cannabis Club's Cheryl Shuman

It was bound to happen — cannabis networking events that encourage curious women to pursue a career in a growing market. Pun intended.

A marketing queen who has been running the private Beverly Hills Cannabis Club for 20 years, Cheryl Shuman is taking advantage of what she calls the “pot-com boom,” and wants to take other career-minded women along for the ride.

In February she formed the networking group Women Grow, where she inspires others to join the cannabis industry. The group met recently in West Hollywood to discuss financial opportunities such as weed photography and selling baked pot edibles.

Tue
05
May

Crack down on marijuana businesses, Victoria staff say

While Vancouver is looking at regulating the city's booming marijuana dispensary business, Victoria is considering a crack down on those flouting its bylaws. 

City staff are urging council to direct them to step up enforcement of existing bylaws and business license rules, meaning that marijuana-related businesses that won't comply could be shut down.

A report going to council on Thursday says the number of marijuana-related shops in B.C.'s capital has jumped from four to 18 in the past year, and the majority are operating without a valid business license.

Mon
04
May

Bill to reduce penalties for marijuana possession advances in Texas House of Representatives

AUSTIN, TEXAS (NBC) - The Texas House Committee on Criminal Jurisprudence approved a bill Monday that would reduce state penalties for possession of small amounts of marijuana. The measure will now advance to the House Calendars Committee.

HB 507, authored by committee vice-chair Rep. Joe Moody (D-El Paso), would remove the threat of arrest, jail time, and a criminal record for possession of up to one ounce of marijuana and replace them with a civil fine of up to $250. Under current Texas law, individuals found in possession of less than two ounces of marijuana can be arrested and given a criminal record, and they face up to six months in jail and a fine of up to $2,000.

Mon
04
May

Israeli start-up develops first medical marijuana inhaler

MONTREAL — The day may soon come when those prescribed medical marijuana will not have to roll and smoke a joint to obtain its benefits. 

A palm-sized inhaler has been developed by Israeli entrepreneur Perry Davidson that delivers a metered dose of marijuana’s medicinal components. He says this method is more effective clinically and eliminates the high associated with cigarette inhaling.

Davidson, founder and CEO of the startup Syqe Medical, told participants at a daylong conference April 30 on Israel’s booming high-tech sector, that the device is the first of its kind in the world.

Mon
04
May

Fifteen Oregonians tapped to help shape rules for regulating marijuana

A committee representing a cross-section of professions and expertise has been established to develop rules for the state's regulated marijuana industry.

Oregon Liquor Control Commission Executive Director Steven Marks said the committee "will provide a balanced approach" to marijuana regulation. The committee will be chaired by Chris Lyons, a Gresham resident and former executive director of the Oregon Lottery.

In addition to the 15-member rules advisory committee, the agency also appointed members to two permanent subcommittees that will deal with technical issues. One will focus on licensing, compliance and law enforcement. The other will provide advice on tracking marijuana from seed to sale as well as marijuana testing labs.

Mon
04
May

Some Denver City Council candidates open to relaxed marijuana rules

Sixteen months after Colorado launched legal recreational marijuana sales, the center of the burgeoning industry in Denver is asking to extend shops' evening closing hours and revisit the outright ban on public consumption.

And many City Council candidates in Tuesday's election are receptive — including several with a good shot of winning or proceeding to a runoff.

Industry concerns center on competing with pot shops in neighboring cities that have closing hours later than Denver's 7 p.m. cutoff for both recreational and medical stores. Some in the industry also want to provide tourists with safe, legal places to smoke or consume their purchases, since hotels typically don't allow it in rooms.

Mon
04
May

Riding the Tourism High of Legal Marijuana

The state of Colorado legalized recreational marijuana a year and a half ago. And those in the industry there say it is already showing dividends in terms of tourism.

"Business Insider just named Colorado the fastest growing economy in the country. They say we are number one out of 50 states!" says Michael Elliott with the Marijuana Industries Group in Denver. His groups is kind of like the Chamber of Commerce for marijuana-related industries there. "We see this all helping fill up hotels and cut unemployment. Our unemployment right now is at 4%."

Ashley Kilroy with the Marijuana Policy for the City of Denver would agree that tourism is up...but says you can't attribute it all to pot.

Mon
04
May

9 Things A Cannabusiness Startup Needs To Consider That Other Startups Don't

Starting a new business is complicated enough – company founders have to find a place to set up shop, hire great employees, manage cash flow, market their goods or services and sometimes hire experts to help. A marijuana business faces extra challenges at each of these steps, so entrepreneurs in the cannabusiness space need to be aware of the concerns they’ll be facing that the typical startup doesn’t worry about.

Consultants are available to help in real estate, legal, financial and other areas, but it is important to check credentials and references thoroughly to make sure those folks are experienced, legitimate experts. They may be as new as the entrepreneur is to the industry.

Pages

Subscribe to RSS - Marijuana Business News