Marijuana Business News

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Thu
30
Mar

Queensland Takes Lead as Australian Cannabis Stocks Soar

It was a big week for medical cannabis in Australia last week, with Queensland’s Labor government announcing that it will allow licensed cannabis growers in the state to sell cannabis seeds to other growers and manufacturers.

Minister for Agriculture and Fisheries Bill Byrne made the announcement on Friday afternoon, after changes were made to the state’s drug laws earlier in the week.

Thu
30
Mar

Marijuana's Biggest Enemy Is Not Jeff Sessions – It's Big Pharma

Like most grassroots movements, cannabis legalization has its own bogeymen–nebulous entities backed by kings and queens of industry who are as feared as they are loathed. Big Tobacco is in there, of course, as are the corrections and law enforcement industries. But as marijuana gains legitimate footing as a bonafide medicine accepted by top health associations and medical journals–most notably as treatment for chronic and neuropathic pain–legalization's biggest villain is, perhaps, the well-heeled pharmaceutical industry.

Thu
30
Mar

Pot business is smoking hot in US, despite Trump

Walk into Brett Vapnik's medicinal marijuana dispensary in Los Angeles and the pungent aroma of pot is good and strong.

All day long, hundreds of people file in and out -- a sign of the strength of the pot industry, despite big question marks posed by the new administration of President Donald Trump.

For now Vapnik, who also has a small pot garden in his store, just sells marijuana for medicinal purposes: from the plant itself, with varying degrees of potency, to beauty products and even chocolate and cookies, all laced with herb.

But next year he expects sales to triple, as the most populous US state is slated to legalize sales and consumption of marijuana for recreational purposes.

Wed
29
Mar

The Rise of Craft Cannabis: Signs of a Maturing Industry

The art of cannabis has come a long way from the days of the dime bag, when you had no idea where your cannabis came from, what kind of pesticides or growing methods produced it, or even what strain it was. These days, in the legal cannabis marketplace, you have your choice of the best of the best of “craft cannabis.”

Wed
29
Mar

The 4 Legal Matters Startups Should Settle Early

Too many founders fail to pay attention to these crucial issues at the beginning, leading to huge costs later on.

A mistake at the startup stage can cost you a lot of money when it comes time to raise funds or sell your business. Take it from Jamie Firsten, a partner at the business law group at Toronto’s Cassels Brock, who works with early-stage companies and venture capital firms in the growing Canadian technology sector.

Wed
29
Mar

Police Raid 2 Toronto Pot Dispensaries, Including Former Cannabis Culture

Village Cannabis Dispensary and Canadian Green both targeted.

Police raided two pot shops in Toronto Tuesday evening.

One of the raids was at the former Cannabis Culture at 461 Church Street, now called Village Cannabis Dispensary.

The other raid was at Canadian Green at Bloor Street West and Landsowne Avenue, said Constable David Hopkinson of the Toronto Police Service.Hopkinson did not provide any information about how much marijuana was seized. He said charges are pending and investigations are still open.

Wed
29
Mar

Good, Bad and Bug-ly: Keeping Cannabis Safe

Organic has become a buzzword, and for many it has become synonymous with safe. In recent years, pesticides used on crops that will be consumed by humans have become a growing concern.

The attitudes towards potentially harmful chemicals puts cannabis into an interesting category when it comes to “organic” growing and pesticide use. While some cannabis is consumed by ingesting, a lot of it is combusted and inhaled in some form. This puts otherwise safe or organic pesticides to a whole different test.

Many products that were once used regularly are being banned as more research is done on cannabis-specific use. Pesticides normally used on crops are not burned and inhaled by a consumer, but when they are used on cannabis can quickly become dangerous.

Wed
29
Mar

Cannabis Infused Candy Floss Edibles Now Exist and They Need to Come to the UK

Proving that the West Coast has the best of everything, a San Diego-based company has just launched a load of cannabis-infused candy floss edibles.

B-Edibles have created cannabis-infused candy floss using 100mg vials of THC.

A far cry from the very chewy, badly baked hash brownies you spend most of your fresher year making, these bad boys are made with organic ingredients and come in a host of fancy flavours.

Wed
29
Mar

Australia: MMJ PhytoTech Moves a Step Closer to Importing Medicinal Cannabis

MMJ's Australian distribution partner has received import licence.

MMJ PhytoTech’s (ASX:MMJ) Australian distribution partner, HL Pharma, has received approval for a medicinal cannabis importation licence from the Department of Health, Australia.

This is an important development for MMJ as it enables the direct supply to Australian pharmacies through its strategic partnership with Melbourne-based HL Pharma.

Wed
29
Mar

Rapper 'The Game' Talks About His Cannabis Venture: 'Setting The Standard For Quality Medicine, Patient Care'

Snoop Dogg isn't the only rapper that's made a foray into the cannabis industry. In fact, it seems to be a spreading trend that has caught on with other big names in hip-hop, including Wiz Khalifa, Cypress Hill's B-Real and Wu-Tang Clan's Ghostface Killah.

Last year, The Game became the first celebrity to own a marijuana dispensary. This led him to develop branded strains of cannabis flowers and concentrates, which are now sold at the Santa Ana, California location.

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