Marijuana Business News

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stocks
business
Thu
13
Oct

When is it the right time to harvest cannabis? Look for these signs

Renowned grower Jorge Cervantes will answer readers’ questions and give advice on all things related to the cannabis plant.

Editor’s Note: Laws for cultivating cannabis vary from state to state and city to city — before germinating any seeds or planting any clones, take care to learn what your local laws are.

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Question: What’s the best way to tell when my buds are ready for harvest?

Thu
13
Oct

Canada’s marijuana stocks on fire as dispensaries raids continue

The tell is in the tape, as they say. On Tuesday, the TSX Venture’s highest volume traders by dollar amount were all Marijuana for Medical Purposes Regulations (MMPR)-licensed producers.

Thu
13
Oct

PotBot Identified as one of Entrepreneur's 'Top 10 Startups in Cannabis You Need To Watch'

PotBot’s feature in Entrepreneur Magazine’s ‘Top 10 Startups in Cannabis You Need To Watch’ is a welcome recognition of the innovation within the emerging cannabis industry and its continued establishment as a serious, lucrative business sector.

“PotBotics is excited to be recognized as one of Entrepreneur’s top ten cannabis startups! This coverage not only gives us validation for the work PotBotics drives, but inspires our team to find more ways we can help patients use science to effectively choose cannabis.” says David Goldstein, CEO of PotBotics.

Thu
13
Oct

Why Cannabis Stocks are Recession Proof

Earnings season is starting to heat up and so far, it has been unimpressive at best. Companies continue to cite weakness as a result of weaker global demand and a stronger dollar, and we expect this to be a theme of this earnings season.

The combination of weak earnings, slowing demand, and poor economic data, will create a great opportunity for investor to buy quality companies at a discount…but you need to know where to look.

The markets are trading lower this morning after China registered its steepest monthly drop in its exports since February, with a 10% year-on-year contraction compared with expectations for a 3.3% decline.

Although we expect this trend to continue, we want to highlight stocks that are monitoring for a buy opportunity on further weakness.

Thu
13
Oct

California Eases Asset Forfeiture Risks for Cannabis Businesses

Asset forfeiture is a serious concern for cannabis businesses across the United States. The government has the authority to seize assets involved in the manufacture, importation, sale, or distribution of a controlled substance, such as marijuana, and in the past decades it has not shied away from using this power. What’s more, property seized by the government under suspicion of criminal activity does not have to be returned even if a conviction is never obtained. For cannabis business owners, this can mean losing their homes and cars. But even investors and landlords involved in cannabis businesses are subject to risk.

Thu
13
Oct

MRHA Ruling: The CBD Industry Speaks Out

Manufacturers and distributors of cannabidiol (CBD) based products have spoken out after the Medicine products Regulatory Agency (MHRA) told vendors they have 28 days to stop selling their products in the UK. The decision was made by the MHRA to define CBD as a medicine, meaning that companies will now require a licence to sell these products. They have raised their concerns about their customers’ access to CBD being taken away by this measure.

Thu
13
Oct

Mentor Capital Earns Half-Million Shares in Puerto Rico

Mentor Capital, Inc. (OTCQB: MNTR) announced it has received 500,000 first to be registered common shares of Green Vision Systems Corp. and will be supporting their legal cultivation, manufacturing and transportation of medical cannabis products from Green Vision’s planned state of the art facility in Puerto Rico, plus associated hemp farming in this tropical setting.

Thu
13
Oct

San Diego Based Business Accelerator Targeting Cannabis Technology Companies Announces Inaugural Cohort

Canopy San Diego, Southern California's only seed-stage accelerator program for technology and business infrastructure companies that support the legal cannabis industry, is pleased to announce the companies participating in their inaugural cohort. As an accelerator, Canopy San Diego invests cash, mentorship, and services to accelerate the development of their portfolio companies. Canopy San Diego does not invest in companies that directly grow or sell cannabis and its derivatives.

The Canopy San Diego accelerator program consists of a 16-week cannabis-specific business accelerator program that is designed to accelerate business development and prepare the portfolio companies to raise outside capital upon graduation in early February.

Wed
12
Oct

There's a Weed-Infused Wine on the Market — But There's a Catch

What you need to know about Canna Vine.

Pot wine has been around ever since people decided they wanted to be tipsy and high at the same time (in ancient China, it was said to have been used for pain relief), but it’s lately gotten more official by entering the marketplace. The latest is a product called Canna Vine, a commercial marijuana-laced wine from winemakers in California.

Wed
12
Oct

Looking To Capitalize On The 'Green Rush'? There's A Lot To Consider First

There are a few things Andrea Brooks wishes she’d known before getting into the cannabis industry.

It’s been almost one year since Brooks founded Sava, an e-commerce platform for hand-crafted cannabis goods in San Francisco, California.

As nine states prepare to vote on recreational or medical marijuana legislation in the upcoming U.S. election – and prospective cannabis professionals in those states gather in growing numbers on the sidelines – Brooks considers it more important than ever to share what she’s learned about the challenges (and the joys) of operating within this complex and ever-evolving industry.

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