Marijuana Business News

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stocks
business
Sun
29
Mar

Denver cracks down on marijuana warehouses

Landon Riddle, 5, who has leukemia and uses medical marijuana to treat it, plays in a warehouse where medical caregivers grow marijuana in Denver. Riddle’s mother joined about a dozen activists and caregivers at the facility to discuss adjusting to a Denver City Council decision that bans caregivers from sharing space, which likely could close down warehouses such as this one.

The Denver Fire Department issued 58 permits for warehouses to grow marijuana in nonlicensed facilities last year – marijuana not to be sold in dispensaries. This marijuana was to be grown primarily by caregivers for consumption by medical users or for the grower’s personal use.

Sun
29
Mar

Pa. lawmakers and doctors square off on medical marijuana

It was doctors against lawmakers, science against anecdotes, at Tuesday's joint committee hearing on medical marijuana.

Yes, joint. Twenty state representatives from the Judiciary and Health Committees, mostly Republicans, filed into Pennsylvania Hospital on Tuesday, many bearing grim accounts of ill constituents who say pot helps them feel less pain.

But doctors told the reps there is little proof marijuana does more good than harm, for any ailment. They called for new research funding and Food and Drug Administration approval before a new law is passed.

Sun
29
Mar

Pine Ridge man wants to begin growing industrial hemp again

PINE RIDGE, S.D. (AP) — Alex White Plume planted industrial hemp on his Pine Ridge farm more than a decade ago, but never harvested a crop. Now, he says it's time to grow again.

White Plume, an Oglala Sioux tribal member, wants to grow hemp again on the Pine Ridge Indian Reservation thanks to guidelines laid out by the federal Department of Justice in December allowing tribes to decide whether to grow and sell marijuana, reported South Dakota Public Broadcasting (http://bit.ly/1HUFoRa ).

Sat
28
Mar

West Coachella Valley set for marijuana 'green rush'

Buy Photo

Sun Grow employee Diego Cambron shows some of the product that is available at the dispensary.(Photo: J. Omar Ornelas/ The Desert Sun)Buy Photo

On a recent Thursday morning, a crowd gathered in the parking lot of a Desert Hot Springs gas station to welcome the latest new business to the struggling city.

Mayor Adam Sanchez stood in front of the shop's refurbished storefront and cut the ribbon with giant scissors — just as he would for a restaurant, tire store or hair salon — before talking about how perfectly Sun Grow would fit into Desert Hot Springs' healthy "spa city" image.

Sun Grow is the first permitted medical marijuana dispensary to open in Riverside County, outside of Palm Springs.

Sat
28
Mar

2 medical marijuana dispensaries face off in cutthroat fight for prime Portland turf

It can be a dog-eat-dog world when it comes to the 226 medical marijuana dispensaries that the state has approved for business.

Case in point? One Southwest Portland medical marijuana dispensary filed a $400,000 lawsuit this month against the owners of another dispensary, claiming the second business lied on a state registration application to "poach" the first business' clientele.

Oregon law allows only one medical marijuana dispensary per every 1,000 feet -- and that's a problem for the Portland Medical Cannabis Club, which is the plaintiff in the lawsuit.

Fri
27
Mar

CannabisFN to Film at Marijuana Investor Summit

Marketing can be difficult in the legal marijuana industry. Companies want to create brand recognition, but regulations are concerned with the potential corruption of minors. While being forced to adapt, the industry has embraced digital media as an ideal platform to increase public awareness.

Fri
27
Mar

Cannabis industry is America's next big growth story

 

A number of US states have legalized cannabis, and many more are expected to follow. Therefore, the industry explosive growth, and attract large investors. Berlingske Business Magazine took to speed dating between entrepreneurs and investors in San Francisco.

Brian MacKay looks frantically around the room. Is there an opening at a table?

Speed ​​Dating is stressful, especially when you are not looking for true love, but by an investor who can keep alive one's business.

He's worming its way into at a table and immediately starts to pitch his idea to the five men around the table. They study him with a closer look as to assess whether there sits a coming golden egg in front of them.

Fri
27
Mar

Marijuana found in USPS boxes

Investigators found four pounds of marijuana, hash and postal service boxes and labels at a home in Oxford.

OXFORD, Ohio (WDTN) – Officials in Butler County worked with the United States Postal Service to find out who’s shipping marijuana across the country.

Investigators found four pounds of marijuana, hash and postal service boxes and labels at a home in Oxford.

Investigators say 25 year old Kyle Fledderman received the drugs from Colorado.

He’s now in jail facing drug trafficking and possession charges.

Investigators found four pounds of marijuana, hash and postal service boxes and labels at a home in Oxford.

 

Fri
27
Mar

For Pioneer, Hemp Pays

Colorado farmer Ryan Loflin, who began harvesting hemp in 2013, sells his crop to a foam-insulation company and to a paper company. Loflin operates Rocky Mountain Hemp Inc. in Springfield. On Saturday, he spoke to more than 50 people at the Four States Ag Expo in Montezuma County.

An attentive audience of more than 50 local farmers and residents quizzed America’s first modern-day industrial hemp farmer at the Four States Ag Expo.

As the three-day event came to a close Saturday, Ryan Loflin fielded dozens of questions during a hemp awareness event. Loflin, a third-generation Colorado farmer, owns and operates the Rocky Mountain Hemp Inc. farm in Springfield.

In 2013, he became the country’s first hemp farmer in nearly six decades.

Fri
27
Mar

Why You Need a Workplace Marijuana Policy

Employers are getting sued for not accommodating their employees' use of legal medical marijuana. Here's how to deal with this delicate issue.

With medical marijuana legal in 23 states and Washington, D.C, there are now millions of card-carrying cannabis users working at companies across the U.S. But pot is still illegal under federal law, and many business owners still subscribe to the plant'sReefer Madness stigma and don't want to allow people to smoke on the job. For some of those owners, that can mean getting sued for failing to accommodate an employee who has a medical condition.

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