Marijuana Business News

Synonyms: 
stocks
business
Thu
30
Jun

Nova Scotia medical marijuana dispensary expands to New Brunswick

A Nova Scotia medical marijuana dispensary has opened up shop in New Brunswick’s. Its owner says he’s already taken on 50 clients.Malachy McMeekin operates four medical marijuana dispensaries in Nova Scotia. He opened Tasty Budd’s in Riverview on June 24.“It just shows the clear demand for it,” McMeekin said.

McMeekin says he expanded to New Brunswick because New Brunswick patients were traveling to his province to get their prescriptions filled.

Thu
30
Jun

Jamaica proposes marijuana dispensers for tourists at airports following legalisation

Jamaica is planning to install marijuana-dispensing kiosks for tourists in order to regulate a growing drug market and to bring in more government revenue.

The new Cannabis Licensing Authority (CLA) is drawing up plans for the kiosks just two months after small amounts of the drug were finally legalized in a country where marijuana has long been part of the culture.

“We've had our first meeting, and my thinking is that we'd need a few weeks to turn out an appropriate policy document,” said Winston De La Haye, chairman of the medical committee of the CLA, as reported by the Jamaica Gleaner.

Thu
30
Jun

Cannabis Edibles And Concentrates Boost The Oregon Market

Since recreational cannabis shops in Oregon started selling edibles and concentrates earlier this month, some dispensaries are already seeing sales increase between "20 and 40 percent," according to local news outlets.

For the first eight months of legal recreational cannabis in Oregon, dispensaries were only permitted to sell bud. Still, according to data from the State Legislative Revenue Office, the state collected $15-million in revenue. This exceeded projections for the entire year by $13-million - between January and May alone.

Thu
30
Jun

Washington State’s experiment with medical marijuana paved way for legalization

The decision by Washington voters to legalize marijuana as medicine took root in the fall of 1998 — the season when Initiative 692 became law. 

That makes the state’s experiment with legal medical marijuana almost 18 years old, a tumultuous age for humans and, as it turns out, an industry being forced to go legit as the state folds medical pot into the regulated system for recreational marijuana Friday. 

The pot dispensaries and the green crosses that marked many of those stores are going away as the state works to regulate the dispensaries’ share of the market — a market variously described by its detractors as “gray” and having the traits of “the wild West.” 

Thu
30
Jun

In the marijuana industry, size doesn’t always matter

In the marijuana reform conversation, one of the grandest boogeymen is “Big Marijuana.” Reform advocates, opponents of marijuana legalization, patients, consumers, media, and many others worry openly that the marijuana industry will consolidate into a corporate beast and a bad market actor reminiscent of Big Tobacco companies. 

Thu
30
Jun

FARC Rebels May Get Jobs in Colombia's Legal Marijuana Industry

Members of Colombia’s FARC guerilla group, set to reintegrate into society once a peace deal is finalized, could find jobs in legal marijuana production under a new government plan to boost the rural economy by tapping into the medicinal cannabis market, the Wall Street Journal reported on Tuesday.

Thu
30
Jun

Colombia Turns to Marijuana as Rural Jobs Tool

Colombia granted its first production and export license for cannabis derivatives.

Colombia granted its first production and export license for cannabis derivatives to a Canadian-Colombian company, as the country known for cocaine trafficking looks to marijuana to generate rural employment.

The government views its foray into the medicinal marijuana industry as a jobs creator in the countryside as President Juan Manuel Santos’s government nears a peace deal with Marxist rebels, including demobilized guerrillas from the FARC rebel group.

“Colombia could be the winner of this emerging global market for medicinal marijuana,” Health Minister Alejandro Gaviria said Tuesday.

Wed
29
Jun

Modern Day Marijuana Moguls Have Actor Tommy Chong To Thank

There's an unmistakable scent in the air. It's the smell of marijuana and money.

ArcView Market Research projects demand for cannabis in legal markets will surpass $22 billion by 2020. ArcView CEO Troy Dayton says the growth presents an opportunity for a select group of celebrities.

"One of the few ways for a brand to get ahead is to attach themselves to someone who is already known," says Dayton. "This is only likely to work if the celebrity has a strong and longtime connection to cannabis before it was popular."

Wed
29
Jun

The Beauty of Sun Grown Cannabis

If the outdoor farmer is to prosper in a regulated market, now is the time to start educating the public about the benefits of sustainably grown cannabis.

If you have ever walked into a field of sunflowers, then you can imagine the hypnotic beauty of a sun grown cannabis garden. 

The sunlight flickers between the broad leaves as resin sparkles on the flowers, and the sounds of nature are almost in congress with the good energy such a field evokes. Most of these fields are in remote and secret places, amongst the pines in the north, in the swamps further to the south, hidden between the rows of corn in many a farmer’s field, and on the sides of mountainous hills further west.  

Wed
29
Jun

Congress Must Ease Banking Regulations on Marijuana Businesses

Just four years after Washington and Colorado led in legalizing recreational uses of marijuana, the pot train has left the station.

Twenty-five states and the District of Columbia allow legal marijuana access in some form, with legislatures in Ohio and Pennsylvania approving medical marijuana in 2016. Full legalization measures are polling well in California and Nevada. Nationwide, a majority of Americans now support tossing out the drug-war ban on cannabis.

But Congress hasn’t gotten on board. Despite small tweaks in the law and promising cracks in the prohibition regime, leadership in the Republican-controlled U.S. House have again blocked meaningful changes needed to facilitate the state-level experiment on marijuana.

Pages

Subscribe to RSS - Marijuana Business News