Marijuana Business News

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Wed
12
Apr

Jamaica: Medical Ganja's Slow Journey Irks Foreign Investor

A foreign investor is expressing concern that Jamaica’s delay in establishing a medical ganja industry is providing other countries with the advantage to maximise from the opportunities to cement themselves in the export trade.

Florida-based investor Mark Santiago, who has applied to the Cannabis Licensing Authority for a licence to operate a vertically integrated ganja business, feels that the disunity in communication is a major hold-up in the industry.

“I believe that the foot dragging is because of our lack of communication,” Santiago argued.

He was speaking to the Jamaica Observer at the MoBay Invest Conference put on by the Montego Bay Chamber of Conference at the Montego Bay Convention Centre on Friday.

Wed
12
Apr

Eaze Brings Pot Delivery to San Jose, California After City-Wide Ban Lifted

Add marijuana to the list of items San Jose residents can order and have delivered to their door without ever leaving their couch, starting this week.

San Francisco startup Eaze launched its on-demand medical marijuana service in San Jose on Tuesday after the city removed its ban on cannabis delivery. The app, which lets customers order everything from pre-rolled joints to cannabis-infused mints, now serves the entire Bay Area.

“We’re excited that it finally came to fruition,” CEO Jim Patterson said.

Wed
12
Apr

5 Questions to Ask Before Investing in Australia’s Cannabis Boom

Ever since Australia moved to legalize medical cannabis, dozens of Australian companies have bloomed and boomed, with shares climbing in value as Australian state governments continue to relax regulations.

But what about the risks still lurking in the nascent market? To succeed, these companies rely heavily on continued government reform. To avoid getting burned, investors should do their homework. Here are a few questions to get started.

Wed
12
Apr

Ottawa to Speed up Approval Process for Pot Producers

The federal government is getting ready to drastically speed up its licensing process to increase the numbers of companies that are authorized to produce marijuana for the recreational market that will open up in the first half of 2018, sources said.

A senior federal official said that in addition to tabling legislation to legalize marijuana on Thursday, the federal government will announce a push to authorize new producers of marijuana. At this point, there are 42 companies that have the necessary authorizations from Health Canada to produce marijuana for medical purposes across the country.

Wed
12
Apr

AusCann Group Holdings Harvesting First Crop in Chile

Joint venture company DayaCann is currently harvesting in Chile.

AusCann Group Holdings (ASX:AC8) is in the process of harvesting its first medical cannabis crop located in Chile.

The crop was planted by the DayaCann joint venture, of which AusCann holds 50:50 with Fundacion Daya.

The large open greenhouse grown plants include various strains that have been selected for specific medical usage.

Wed
12
Apr

Pot Industry Expects Trudeau Rebuff on Branding and Promotion

The chief executive of Canada’s highest-valued marijuana company expects the government to impose strict regulations on packaging and advertising when it legalizes recreational use.

Wed
12
Apr

Nevada: There Are 23 Marijuana Bills This Session. What's in Them?

After voters authorized recreational marijuana in November, Nevada lawmakers are discussing a raft of legislation to fill in the details of the new environment.

Here are some key themes running through 23 marijuana-related bills this session, and how they overlap with one another:

Wed
12
Apr

Earth Alive Announces Commercial Launch of Dr. Marijane Biofertilizer for Cannabis Production

Earth Alive Clean Technologies Inc. (CSE:EAC)(CSE:EAC.CN) ("Earth Alive" or the "Company"), a leading Canadian Clean-Tech company, developer and manufacturer of state-of-the-art microbial technology-based products for sustainable agriculture and mining, announces the commercial sales launch of Dr. Marijane, the Company's specially formulated cannabis biofertilizer.

Dr. Marijane is a 100% organic root probiotic that has been shown to increase cannabis yields by up to 28%. Scientific testing and validation of its performance began in 2014, and results have been repeatedly confirmed by several licensed commercial producers over the last year. Starting today, Dr. Marijane is available for purchase by growers in Canada and certain regions of the United States.

Wed
12
Apr

How Entrepreneurs Are Using Tech to Connect a Discreet Marijuana Industry

Michigan's medicinal marijuana industry could rightly be described as experiencing growing pains. Overzealous law enforcement and the pervasive stigma attached to cannabis use can drive patients to live in the shadows, while growers have a reasonable reluctance to reveal the exact location of their operations for fear of theft. Amid such uncertainty, it can be hard for cannabis-related businesses to find even basic services like pot-friendly electricians or plumbers.

Tue
11
Apr

Legalization Anticipation: Canadian Cannabis Stocks Gain 12.3% on Monday

While the Canadian Marijuana Index dipped slightly in March due to federal uncertainties, Canadian cannabis stocks bounced back today on the news of recreational marijuana legislation being introduced in Canada’s House of Commons this Thursday, April 13, 2017. 

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