Marijuana Business News

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stocks
business
Tue
28
Jun

Toronto City Council Committee Turns Away Marijuana Advocates

Pot dispensary owners erupted in anger as Toronto City Council’s licensing committee voted to defer discussion of possible rules for storefront medical marijuana operations until October, denying them the ability to address city councillors.

“People are dying every day, calling my shop, crying for their family members,” yelled Brandy Zurborg, co-owner of the Queens of Cannabis medical marijuana dispensary, one of dozens caught in up in last month’s massive sweep by police and bylaw officials.

Tue
28
Jun

7 Reasons to Invest in Marijuana Stocks Now

Many investors wouldn't even consider adding marijuana stocks to their portfolio. They think most pot companies are scams or that the companies aren't capable of turning a profit.

But what used to be a limited opportunity in this market has turned into staggering money-making potential…

Regardless of your views on marijuana use, we are committed to helping you profit.
And simply put, pot stock investments are going to be a huge profit-generator.

Tue
28
Jun

Mental Health Authority Fights Campaign to Legalise Cannabis in Ghana

Despite a subtle but unrelenting campaign by interest groups and civil society organisations for cannabis to be legalised in Ghana, the Mental Health Authority says the banned substance poses health hazards.

Chief Executive of the Authority, Dr Akwasi Osei, says cannabis also called Marijuana, weed, wee and host of other names especially poses severe threat to the mental health of people who use it.

Dr Osei was speaking to Joy News’ Latif Iddrisu on Sunday as the world marked Day Against Drug Abuse.

“If you take Marijuana in your teens when the brain is actively developing, you interfere with your ability to be motivated adequately, to judge adequately,” he said.

Tue
28
Jun

Here's Why This Marijuana Drug Company's Stock Is Soaring Today

GW Pharmaceuticals gwph could be on its way to eventually winning the first U.S. approval for a marijuana-based prescription drug.

The U.K.-based biopharma on Monday unveiled more data finding that its investigational therapy Epidiolex, which is derived from a marijuana component called cannabidiol, or CBD, helped significantly reduce the number of monthly seizures suffered by patients with Lennox-Gastaut syndrome (LGS)—a rare disease that often strikes during childhood and usually causes debilitating epileptic episodes. It afflicts about 30,000 children and adults in the U.S., according to the LGS Foundation.

Tue
28
Jun

Moon Denver First to Add Marijuana Tips to Mainstream Travel Guide

How important is pot to Colorado tourism? “It is the elephant in the room,” said Cathy Ritter, the new state tourism head, who moved here from Illinois, shortly after she started in January. “Everyone does want to know about the impact of marijuana in Colorado.”

Tue
28
Jun

Stats May Finally Back Claim Marijuana Is Oregon's Top Crop

Sales and tax figures collected by state agencies may finally solve one of Oregon’s long-running farm crop questions: whether marijuana is indeed the state’s most valuable crop, as cannabis advocates have always maintained.

Tight controls and reporting requirements by the Oregon Department of Revenue and Oregon Liquor Control Commission should result in accurate information about pot, said Bruce Pokarney, spokesman for the state Department of Agriculture. The department compiles an annual list of the state’s most valuable crops.

Tue
28
Jun

Do U.S. Consumers Know When They're Putting Chinese-Made Cannabis Products Into Their Bodies?

Just because cannabis is legal in Colorado doesn't mean all the companies based in the state are using Colorado grown weed in their products. We've been digging into rumors and lore about some edibles companies using CBD oil made in China instead of locally grown CBD.

Tue
28
Jun

This L.A. Startup Could Become the Wells Fargo of Weed

When KIND Financial began in 2014, it was supposed to be the Wells Fargo for weed growers and dispensaries. 

“I was initially going to be KIND Banking," CEO David Dinenberg says. "I was going to be the marijuana bank.”

Tue
28
Jun

5 Considerations for Avoiding Cannabis Ownership Disputes

Lately, my firm’s cannabis litigation team has seen a massive spike in cannabis businesses owners suing their fellow owners within the same cannabis business. Whether you’re already headed to court or you’re just sensing a company mutiny brewing on the horizon, the five tips in this blog post will help you prevent an ownership dispute and best resolve one if one should occur.
 
    Tue
    28
    Jun

    A Busy Week in Canadian Cannabis News

    Toronto begins to look at dispensary regulations, US FDA learns about the MMPR, Canadian researchers in Poland, a possible task force announcement and more.

    It’s a big week for those focussed on cannabis and cannabis policy in Canada. Several meetings and expected announcements, as well as one possible discussion are lined up for this last week in June.

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