Company controls licensing rights in the nation’s largest cannabis market, with $1.3 billion in yearly sales

LOS ANGELES--(BUSINESS WIRE)--

TALLAHASSEE — A bill attempting to get the implementation of the state's Charlotte's Web marijuana law back on track has created a new dilemma for its sponsor: how to make it equitable for black farmers.

Under the existing law, only farms that have been in continuous existence for 30 years and grow 400,000 or more plants are eligible to bid for one of five licenses to cultivate and distribute the noneuphoric strain of cannabis for patients with epilepsy, cancer and chronic muscle spasms.

In the future, Amercanex (American Cannabis Exchange), the first electronic marketplace for producers, wholesalers, and authorized retailers of cannabis, will ask the NYSE Exchange to allow it to start trading futures and options. The Amercanex executives are enthusiastic about the idea, when that happens, the price of marijuana will be as fixed in the stock market as soybeans in Chicago.

Their managers now roam the South America looking for brokers to allow them to develop the company Amercanex Latam with versions in each country. For this purpose, they recently visited the Congress of Economy Finance and Investment held in the city of Cordoba Argentina. The idea of ​​landing in the capital market seems to take flight ahead of its executives.

A Cincinnati developer will be the primary owner of the Toledo marijuana-growing facility if Ohio voters approve a proposed marijuana legalization amendment, the campaign announced today.

David Bastos, a partner with Capital Investment Group Inc., is the lead investor in the firm that will own 6070 Hagman Rd. in North Toledo.

The 28.5-acre site, now a corn field with a house, will be one of 10 marijuana “grows” allowed in the state under an amendment to the Ohio Constitution, if voters approve in the Nov. 3 election. All 10 locations, which will grow marijuana and sell it to manufacturers, medical dispensaries, and marijuana retailers, are already identified, by parcel number, in the proposed amendment.

WICHITA, Kan. -- Between the issue or marijuana reform in Wichita and legalization lawsuits in Colorado, marijuana is taking the spotlight in the Midwest. However, one company says the drug may have a big impact in Wichita.

Edward Young, with the National Screening Bureau, says the use of pot may have a lasting effect on safety and health of workers.
According to Young, studies show that those who do use drugs are five times more likely to file a workers' compensation claim. They're also more likely to steal.

With the approval of marijuana as a treatment for medical conditions in 23 states, plus Washington D.C., and the legalization of recreational marijuana use in two states (Colorado and Washington where its legal medically and recreationally), there are several factors an adjuster should consider when handling an injury claim involving legalized marijuana use.

Recently, Bernyce Peplowski MD, senior vice president National Medical Strategy and Innovation with US Health Workers Medical Group, presented on the topic of ethics of medical marijuana for casualty claims during the annual Combined Claims Conference held in Orange County, California.

A 10-year-old in Texas got a pretty sweet investment for her booming lemonade business.

Investors on "Shark Tank" saw a lot of potential in Mikaila Ulmer when she came on the show to pitch her lemonade company, BeeSweet.

This isn't your everyday lemonade stand, and "Shark Tank" investor and FUBU CEODaymond John noticed.

He said: "Partnering with Mikaila made perfect sense [...] She's a great kid with a head for business and branding. She's got a great idea and I'm happy to help take BeeSweet to the next level."

The millionaire businessman invested $60,000 in this unique beverage company.

Understand that entrepreneurs think differently. They are people willing to do things that other people do not. Some people say it’s the Midas touch, when in reality it’s much more than that.

Entrepreneurs have a different mindset. Without exception people with an entrepreneurial spirit become successful when they take their ideas and do what ever it takes to make them become a reality.

Successful people think of the possibilities, not the problems. They make things happen. They don’t quit when things get tough and will make lemonade from the nastiest of lemons. People that are entrepreneurs seek out solutions, where other people see only roadblocks.

Eight Russian tourists were detained, and two of them charged with possessing and selling marijuana and bamboo pipes for smoking it online, on Koh Phangan in Surat Thani, police said on Wednesday.

A police officer shows a carved bamboo pipe used for smoking marijuana following a raid on two houses on Koh Phanan island on April 1 in which eight Russian tourists were detained, and  two of them charged with possessing and selling marijuana and bamboo pipes for smoking it on Facebook. (Photo by Supapong Chaolan)

Pol Col Pachum Ruengthong, chief of Koh Phangan police, announced the arrest of the three men and five women following a raid on two rented houses on the island.

The position in question will be responsible for the day to day management of a state licensed cannabis cultivation business in Routt County Colorado near Steamboat Springs.

Responsibilities of the job include management of the several employees,the organic cultivation, harvest, manicuring and packaging and distribution of the cannabis.

Prefer 5 years organic commercial cultivation experience with at least 1 year of management. Organic Integrated Pest Management experience a must.

Prefer formal education IE: Bachelor of Science in plant science or horticulture. Field experience will be considered in substitution for formal education.

Pay is negotiable and based on experience and skill set