Marijuana Business News

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stocks
business
Tue
14
Mar

Stemcell United Ltd (ASX:SCU) Appoints Nevil Schoenmakers as Strategic Advisor to Pursue Opportunities in Medicinal Cannabis Sector

Stemcell United Ltd (ASX:SCU) ("SCU" "the Company") is pleased to announce the appointment of Medicinal Cannabis expert Mr. Nevil Schoenmakers as a Strategic Advisor to the Board to assist the Company assess opportunities in the medicinal cannabis sector.

- Leading Medicinal Cannabis industry expert Mr. Nevil Schoenmakers appointed as a Strategic Advisor

- Stemcell United Ltd to pursue investment opportunities Medicinal Cannabis to complement its existing and continuing Traditional Medicine operations

- Global Medicinal Cannabis market projected to reach USD $55.8 billion by 2025

Tue
14
Mar

Denver considers letting marijuana shops stay open until midnight

Marijuana industry representatives want stores to be able to stay open later in Denver, but elected officials weren’t ready Monday to change the city’s 7 p.m. closing time.

Several City Council members on Denver’s committee on marijuana said they wanted to hear from more residents before considering a proposal to push back the allowed operating hours to midnight. Mayor Michael Hancock and City Council would have to give the final OK on the proposal before recreational and medical marijuana stores can start serving evening customers.

Tue
14
Mar

Australia: The Hydroponics Company to List on ASX in Surging Cannabis Market

THC is expecting net profit of over $1 million in 2017.

The Hydroponics Company (ASX:THC) aims to list on the ASX through an initial public offering (IPO) of up to 40 million shares priced at $0.20 to raise up to $8 million.

Funds will be used to expand THC’s market share as a key manufacturer and distributor of hydroponics equipment, materials and related services.

The company is targeting to list on the ASX on the 20th of April, 2017 under the ticker code THC.

Tue
14
Mar

Luxury Cannabis is Officially Here

Introducing Beboe, a chic new way to get your marijuana.

The fashion industry has never been one to hide its infatuation with marijuana. Designers like Alexander Wang, Vetements, Jeremy Scott and more have embraced stoner culture in past collections with everything from weed grinder necklaces to pot print motifs. But now, fashion is finally ready to upgrade from cannabis prints to the real deal.

Tue
14
Mar

Please Stop Arresting Marijuana Activists, For Canada's Sake

Last week police arrested Marc Emery for the 30th time. It is believed this is the first time he's been arrested since police in Montreal picked him up in December, but it's tough to keep track. Police also raided Cannabis Culture dispensaries owned by him and his partner Jodie in Toronto, Vancouver and Hamilton. Emery faces 15 charges relating to distributing marijuana, and Jodie Emery has been charged with five such offences.

Tue
14
Mar

Social Life Network Launches New Cannabis Marketing Technology

Social Life Network, Inc. (OTC:WDLF), owner and operator of WeedLife Networks, one of the leading B2B, B2C and C2C technology platforms for the legal cannabis and hemp industry, announced today the launch of a new marketing feature on WeedCircles.com called “Weed Pages.”

WeedCircles.com, the cannabis and hemp industry’s largest international business social network, has launched a new online feature called “Weed Pages” to help business owners promote their latest products and services. 

If you are familiar with Facebook Pages, then understanding the newest social networking feature on WeedCircles.com won’t take you long to gather just how powerful this online marketing tool is for cannabis and hemp business owners world-wide.

Tue
14
Mar

Marijuana producer Canopy Growth being added to S&P/TSX composite index

Canopy Growth Corporation is being added to the influential S&P/TSX Composite Index in another milestone for Canada’s fledgling marijuana industry.

The cannabis producer will be added to the index’s health-care sector prior to the start of trading on March 20, S&P Dow Jones Indices said late on Friday. It said it will be the first marijuana company to join the index.

Big institutional investors and index funds use the index to guide buying decisions, so being included can lead to more demand for a stock. Canopy shares were up 2.2 per cent at $11.07 late on Monday.

Mon
13
Mar

Jamaica: Action time for ganja this year, says Seiveright

DIRECTOR of the Cannabis Licensing Authority (CLA), Delano Seiveright has said that 2017 will be the year of action for cannabis locally.

Speaking with the Jamaica Observer following last week’s story on the ganja farmer who outlined how cannabis is grown, prepared, sold, and who sought answers from the CLA, Seiveright said that he understands the concerns of the farmer, but encouraged the youngster and other ganja growers to get their licences as things will soon be looking up.

Mon
13
Mar

UK: Hemp gummy aims for slice of €188m cannabis extract market

The European cannabis extract market could be a set for boost following the introduction of a novelty gummy, says Love Hemp.

The UK-based firm says it has sold out of its initial stock of 2,000 gummy bears infused with cannabidiol (CBD) in under 48 hours and believes its novelty product could be a hit in Europe and further afield - taking a slice of a global CBD industry worth around $200million (€188m).

The sweets are sold as a food supplement and each fruit flavoured bear contains 10mg of CBD, as well vitamin B12 and vitamin D3.

The hemp company believes some consumers are turned off by supplements containing hemp oil because of their strong taste, with gummy bears providing a sweet alternative.

Mon
13
Mar

Legalizing marijuana gets attention of Connecticut lawmakers

Connecticut's continuing fiscal woes, coupled with a new law that fully takes effect next year in neighboring Massachusetts, have prompted state lawmakers to take their most serious look yet at possibly legalizing the recreational use of marijuana for adults.

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