Marijuana Business News

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Mon
06
Mar

What is CBD, and why it was seized from Alaska marijuana shops?

It won't get you high, but cannabidoil, a compound found in marijuana, is tripping up Alaska's cannabis industry.

Cannabidiol — commonly referred to as CBD — is a chemical compound often used in pain management. CBD is non-intoxicating, unlike its psychoactive counterpart THC, and it has shown promise in treating a wide range of illnesses, from anxiety to epilepsy.

Mon
06
Mar

Biotech Bets: High Risk Higher Rewards

When someone thinks about the cannabis industry, they typically think of a dispensary or a grow facility.

Although these concepts might seem be some of the sexiest and most lucrative, are they as attractive on paper and are they the best long-term investment?

The answer to questions like these differs from person-to-person and has a lot to do with personal preference and aspirations. Retail dispensaries and grow facilities have proven to be profitable but many fail and the causes can be even more wide ranging.

Fri
03
Mar

Alliance Executes Term Sheet for $5M to $10M Equity Facility

("Alliance Growers" or the "Company") announces that the Company has executed on the term sheet for a financing commitment offered by a U.S. based private equity firm for a $5 Million equity facility in a series of private placements with an option to go to $10 million. This arrangement was previously referenced in a news release on February 14, 2017.

The purpose of the Equity Facility is to provide the Company with financial flexibility and control over the financial requirements for its many exciting and integrated projects, providing access to capital as deemed necessary by the Company.

Fri
03
Mar

Watch: She runs Marijuana Industry Group; He's an MMJ patient who kicked opioids


Featured guests: Marijuana Industry Group Executive Director Kristi Kelly and Dustin Mahon, Endocanna CEO.

LOTS TO TALK ABOUT

•  Sean Spicer and Jeff Sessions both speak out against recreational marijuana: Is there a sense of panic in the industry?

•  Man who used medical marijuana to overcome an opioid addiction responds to Jeff Sessions.

•  The challenges of doing research and testing in the cannabis world.

TOP MARIJUANA NEWS

Fri
03
Mar

California's Looking for New Tax Revenue? Weed 'em and Reap

THE STONERS HAVE spoken: Recreational marijuana is now legal in eight states and Washington, DC. Thanks to the passage of Proposition 64, California is one of them, making it the country’s largest cannabis market—the state will start issuing sales licenses by January 1, 2018. Now, as long as the Trump administration doesn’t confiscate our stash, regulators, lawyers, and scientists have some big hazy questions to navigate, from how to keep digital tabs on up to 25,000 licensed growers to how to evaluate THC-­related DUIs.

Thu
02
Mar

Saskatoon medical marijuana producer gets clean bill of health after voluntarily submitting pot for testing

A Saskatoon medical marijuana company says its products have been given a clean bill of health after undergoing voluntary testing.

Last month, CanniMed Therapeutics Inc. commissioned a B.C. company to do third-party testing of its plant and oil products for dozens of pesticides and fungicides.

President Brent Zettl said even though the company was confident it doesn't have any of those elements in its products, "let's just check and make sure. Let's put our stuff through the batteries and see."

He added: "We could have put up our hand a long time ago and say, 'Hey, we don't use them,' but it sort of rings hollow unless you have evidence from someone who is a third party, so that's why we did what we did."

Thu
02
Mar

Alaska Cannabis Shops Can't Meet Demand

A second marijuana retailer has opened for business in the southeast Alaska city of Sitka.

The Northern Lights Indoor Gardens began selling its products February 16. The business is located in the same strip mall as the city’s first marijuana business, Weed Dudes, The Sitka Sentinel reported Tuesday.

Northern Lights owner Micah Miller said he’s been selling about a pound of pot each day and likely won’t have enough to keep up with demand before his next crop is ready in late March.

He expects sales to pick up in March when commercial fishermen come into town for herring season.

“My doors will be closed at some moment for a minute,” said shop owner Micah Miller. “Really, I wish we had twice the operation.”

Thu
02
Mar

420 Intel launches business directory service

420 Intel is delighted to announce the launch of a brand new business directory service!

Business owners are continually looking to garner more customers and gain greater exposure for their products and services. One of the most supreme ways to expose your company to a wider audience online is to list yourself on a business directory. Once your business appears on the listing, you increase the chances and the number of ways that you can be discovered by potential customers. You need to choose a business directory that can offer the most exposure to your target market.

Thu
02
Mar

The 'Tesla of Cannabis' Is Opening a Massive, Custom-Built Marijuana Greenhouse

A marijuana cultivator that's been called the "Tesla of cannabis" is bringing the industry out of the darkness and into the light — literally.

Tantalus Labs, which could start selling product as early as 2018, has wrapped construction on a state-of-the-art cultivation site designed to give marijuana plants the benefits of indoor and outdoor growing. The greenhouse lets sunlight pour in, enabling the plants to grow fuller buds faster.

Thu
02
Mar

eBottles.com Announces Award of US Design Patent D781151

eBottles.com a leading online supplier of glass and plastic containers announced today that it has been granted design patent D781151 by the US Patent and Trademark Office for their line of cosmetic thick wall glass jars with symmetric child resistant closures.

In remarks during a recent announcement to employees and other stakeholders, Robert Lerman, President of eBottles.com declared that the company had been issued the design patent for their unique design which pairs child resistant closures with cosmetic thick wall glass jars.

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