Marijuana Business News

Synonyms: 
stocks
business
Mon
06
Jun

Misinformation of marijuana water consumption should not demonize crop

Amber Norori’s oped on April 19 (“Legalization of marijuana could promote drought alleviation”) contains many fallacies, leading the author to false conclusions.

She writes, “The average cannabis plant needs 6 gallons of water a day and has an average 150-day grow cycle, so for a medium sized grow with about 500 plants, that would be a total of 450,000 gallons for one harvest of one plot. To put this water use into perspective, the amount of water needed to raise cannabis is double the amount of water needed to grow grapes.”

Mon
06
Jun

Why marijuana business bans could hurt Oregon counties

County bans on licensed recreational marijuana businesses may result in millions of dollars of lost economic activity, according to one analyst.

Marion County alone could lose $110 million in economic activity this year as business goes elsewhere because of its ban, said Beau Whitney, an economist and vice president of government and compliance at Toronto-based Golden Leaf Holdings.

Nineteen Oregon counties and 86 Oregon cities have banned marijuana producers, processors, wholesalers and retailers.

Mon
06
Jun

Canada: Nine perspectives on the marijuana legalization debate

Everybody seems to be talking about marijuana these days. Impending legalization has prompted a many-faceted debate about how our society should incorporate the greenery, even as dispensaries selling cannabis and related goods are popping up like, well, weeds.

The sprouting conversation involves people with divergent perspectives and interests in the marijuana regime of tomorrow. Let’s listen to some of them.

The angry neighbour

Mon
06
Jun

Snoop Dogg Invests in Marijuana-Delivery Startup Eaze

*Snoop Dogg is among investors who put money into the marijuana startup, Eaze, along with M Ventures, 500 Startups and Fresh VC, according to Business Insider.

Eaze raised $10 million from investors. It’s an on-demand marijuana-delivery startup. It connects California’s medical-marijuana patients with local dispensaries.

Uber made the on-demand delivery a trend. Eaze made $1.5 million recently for having deliveries at people’s doors in 10 minutes.

Mon
06
Jun

Marijuana Consumers Need To Hold Cannabis Companies Accountable

The marijuana industry is one of the most popular things on the planet right now. Cannabis has gone from being entirely underground to becoming more mainstream every day. The cannabis industry is new, it is exciting, and it seems like the industry has almost unlimited potential. If you go to any cannabis event and talk to people that are in the industry, you can see on their faces how fired up they are to be pursuing their dream in one form or another.

Fri
03
Jun

Italy: Why farmers in Puglia have turned to cannabis

In the fields around Taranto, Puglia, more and more farmers are sowing fields of cannabis in a bid to save their precious soil which has been rendered unsafe thanks to years of pollution from Europe's biggest steel plant.

The 15 million square metre Ilva steel plant provides some 14,000 local jobs but the plant has wreaked untold damage on the region by spewing toxic emissions into the air for decades

The emissions have caused severe problems for farmers within a 20km radius of the steel plant who can no longer farm their land. The problem is dioxins: a series of carcinogenic compounds which are released into the atmosphere by heavy industries and then fall to earth, building up in soil.

Fri
03
Jun

Canadian Cannabis Industry Unites After the Raids

The cannabis industry in Toronto these days can feel a lot like riding Space Mountain. The twists and turns are sudden; you’re mostly kept in the dark and, when the sun rises the following morning, you can’t believe how much the trip ended up costing.

Fri
03
Jun

Legalized marijuana: Capitalizing on cannabis or profiting from potheads?


420 is a mega-marijuana mart in Olympia, Washington — a big box store selling pot from local producers with names like “time bomb.”

But business is certainly booming, according to owner Chad Champagne, and there was a steady stream of customers the morning and afternoon Global News paid a visit to the store.

“Demand is high,” Champagne told Global News. “People now feel comfortable coming in and buying pot.”

He said his customer base is a bit older than many might expect. “People in their mid-40s and mostly male.”

The cash-only joint is run like Fort Knox, with three different security systems and night patrols.

But in the backroom, vaults are filled with the green stuff rather than greenbacks.

Fri
03
Jun

Marijuana's $40 Billion Dollar Green Rush

Back in 2003 the DEA ran “Operation Pipe Dreams”, effectively shutting down every bong shop selling paraphernalia on the internet. The ill-fated and misguided war on drugs fueled then Attorney General John Ashcroft with nary an eye to the future of marijuana.

Fri
03
Jun

Aurora Cannabis: An Execution Story

Michael Berger, the Associate Editor of MoneyShow.com, is a leading expert on the cannabis sector, highlights the fastest growing licensed medical cannabis producer and views the company as a buy opportunity after reporting its third quarter earnings.

As cannabis continues to become mainstream, more investors will become attracted to the sector and look for investment opportunities within it.

Pages

Subscribe to RSS - Marijuana Business News