Marijuana Business News

Synonyms: 
stocks
business
Fri
15
Jul

Whoopi Goldberg Announced Keynote at Southern California Cannabis Conference

The Southern California Cannabis Conference & Expo has announced that acclaimed artist and international known Star, Whoopi Goldberg will be a keynote speaker at the upcoming event taking place on August 6th and 7th at the San Diego Convention Center.

Rory Mendoza, CEO and Event Producer of Let’s Educate a Future, “ We reach for the stars and Whoopi is certainly the best representative we could ask for to represent the new face of cannabis.”

Goldberg recently entered the cannabis industry with a signature medical product line called, Whoopi and Maya, catering it towards women with business partner Maya Elisabeth.

Fri
15
Jul

Washington Wants You to Stop Paying Cannabis Taxes in Cash. Good Luck With That.

The Washington State Liquor and Cannabis Board announced several proposed rules on Thursday, and one of them caught us by surprise.

The proposal raised eyebrows for a number of reasons, most notably because of banking restrictions for marijuana businesses. Many banks are unwilling to work with cannabis businesses, so companies in the industry are often forced to deal almost exclusively in cash. Large quantities of cash.In a notice sent to stakeholders this afternoon, the LCB requested public input on a budget proviso requiring electronic payment for marijuana excise tax payments.

Leafly reached out to LCB spokesman Mikhail Carpenter for clarification on the new electronic pay requirement and what it could mean for Washington cannabis businesses.

Fri
15
Jul

Marijuana dollars are having a huge impact on the civic soul of Edgewater, Colorado

This may not be the city that cannabis built, but Colorado’s most famous cash crop could soon be the driving force behind construction of a $7 million, 40,000-square-foot civic center in this tiny community wedged between Lakewood and Denver.

Edgewater is exploring using sales tax revenue from marijuana sales to cover more than half the cost — $4 million — of building a facility that will house a new city hall, police station, fitness center and library.

It’s a project that likely wouldn’t move forward — at least not for years — absent the tax remittances made by the city’s half-dozen pot shops. The city expects to collect north of $1.2 million in sales tax revenues from pot in 2016.

Fri
15
Jul

Marley Natural and Harborside Health Center: A Philanthropic Cannabis Partnership

Corporations across the nation and all over the world are pioneering new partnerships to assist convey hashish to the lots. These partnerships are enterprise oriented, however greater than ever earlier than hashish companies are additionally forging unions to actually and figuratively domesticate charitable works of their communities and past.

Giving Again to the Bay Space By Hashish

Fri
15
Jul

7 Celebrity Ganjapreneurs Selling Legal Marijuana on the Side

You may have heard of Leafs by Snoop, but the other celebrities cashing in on the legal marijuana market might surprise you…

The U.S. florist industry employs around 90,000 people around the nation per year. But now, some celebrities are trying to get in on the action in a very unconventional way.

Fri
15
Jul

Cannabis Dispensaries Transform Into High-End Retail Spaces

The Apple retailer is taken into account a main instance of a killer retail store–a fantastically designed area that draws clients to come back in, hang around and purchase costly merchandise. Every Apple retailer, on common, makes about $four,799 per sq. foot, a latest report finds. However some marijuana dispensaries are catching up with, and in some instances besting, Apple. Blum, a dispensary in Oakland, California, owned by husband and spouse duo Derek Peterson and Amy Almsteier (who each personal public marijuana firm TerraTech and marijuana model IVXX) brings in about $7,000 per sq. foot, Almsteier says. 

Fri
15
Jul

'Disappointed tourists' must wait, says Alaska marijuana advocate

An Alaska marijuana advocate says the state is making progress towards legalization, even if it's not fast enough for some Canadian tourists.

"Weekly, I hear from tourists who come up and are confused because they couldn't find the open shops yet," says Leif Abel, who chairs the Alaska Coalition for Responsible Cannabis Legislation.

He says there have been delays in the law, but he accepts it's a complicated project.

Leif Abel has plans to legally grow marijuana in Kasilof, Alaska. He says the delays are understandable and is urging Canadians to be patient and respect the law. (Leif Abel/Facebook)

This week, the latest version of the state's draft rules were sent for public consultation.

Fri
15
Jul

Therein Lies the Marijuana Rub

The cannabis industry is full of healers, individuals who set out to solve significant medical problems and found marijuana to be the natural solution.

One cannabis entrepreneur based in Toronto aptly named Charlene Freedom, is a pioneer in the oil and cream sector, and she plans on expanding her business as the marijuana community grows over the crumbled walls of prohibition.

Fri
15
Jul

Cash Cannabis Business Easy Target for IRS

The federal authorities has vowed to take a arms off method to authorized marijuana, however its place has not stopped the Inside Income Service (IRS) from kicking down the doorways of the hashish trade, particularly these operations dealing in massive money transactions, in an obvious try to take down Colorado hashish entrepreneurs on cash laundering expenses.

Thu
14
Jul

Colorado Cannabis Sales Reach Nearly Half a Billion Dollars in 5 Months

After the first five months of the year, Colorado is on pace to reach $1 billion dollars in cannabis sales during 2016. The Colorado Department of Revenue released data Wednesday showing that Colorado cannabis shops reeled in nearly $98.6 million in sales during May, bringing the year-to-date tally for 2016 to just over $486 million. 

Pages

Subscribe to RSS - Marijuana Business News