Marijuana Business News

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Wed
01
Jun

Mapping Marijuana: CRE Tech Startup Focuses on Green Zones

My earliest memory is of my first job. I worked in my family’s junkyard. My first task was to drag around a magnet by a string to pick up any nails and screws that could pop a tire. I took pride in it. I collected the nuts, screws and metal shavings from my trusty magnet and kept them as tiny trophies. My elementary school friends would talk about their chores with disgust. When they asked me what my allowance was, I would tell them “I don’t get an allowance. I have a job. I save tires.”

Wed
01
Jun

The Rise Of The Cannabis Connoisseur

Back in 2014, a man named Sean Azzariti made the first state-legal cannabis purchase in Colorado. Azzariti, an Iraq-war veteran, happily forked over about $60 for an eighth (4 grams) of Bubba Kush and some edibles. His huge grin was splashed atop news articles about the momentous occasion.

“I think for most cannabis consumers, the fact that they walked into a store, showed their ID and bought real legal marijuana for the first time in history was a huge deal,” said Matthew Huron, CEO of Colorado dispensary Good Chemistry. “That was two years ago, and it was like, ‘Wow, this is great.’ And since then, [consumers] are getting hungry.”

Wed
01
Jun

Making Money from Marijuana without Touching the Stuff

The pot-of-gold at the end of a rainbow is now actually… POT itself!

 

ORMOND BEACH, FL – 01 June, 2016 – There’s a new Gold Rush happening that is gaining popularity as the “Green Rush” and every State tax assessor will soon be benefiting from their own local Legal Marijuana business sector producing millions in extra revenue like their predecessors in Colorado, Oregon, Washington and Alaska, not to mention the other 23 States where Medical Marijuana is legalized. There is no doubt that the Medical States will become recreational in short order.

Wed
01
Jun

Oregon Marijuana Edibles to Be Sold Legally June 2

Marijuana edibles will be legally available to buy in medical marijuana dispensaries in Oregon Thursday, June 2.

Those products can contain up to 15 mg of THC and adults over 21 can buy them.

Eating or drinking marijuana exposes you to THC, the chemical that makes you high, without the risk of smoke exposure. The effects of edibles can take hours to feel, much slower than the effects of smoking or vaping.

The Oregon Health Authority says marijuana can make children very sick, so it’s important to keep any marijuana products in a locked area out of the reach of children.

If a child does eat or drink a marijuana product, call the Poison Center Hotline at 1.800.222.1222.

Wed
01
Jun

Medical Marijuana Equipment Auction Shows Pot Can Be a Risky Business

In the market for 350 marijuana grow lights, 50 air ventilators or two dozen giant fans? You're in luck.

More than $1 million worth of equipment inside a defunct medical cannabis producer's former 6,100 square-metre facility in Richmond, B.C., will be auctioned off on Thursday.

MediJean's closure draws attention to the costly risks of launching a pot-production business, observers say.

Former chief operating officer Chris Dollard said he left the company before it closed, but he believes Health Canada rejected its application to be a licensed producer.

"We were waiting, waiting, waiting. That's what Health Canada does. They keep you waiting until you run out of money," he said. "It's pretty clear that if they had been accepted, they'd be in business."

Wed
01
Jun

Denver Marijuana Companies Make Naming Rights Play at Mile High Stadium

Could Mile High Stadium take on a new meaning in the near future? Denver pot businesses sure hope so. 

After Sports Authority filed for bankruptcy in March and was sold earlier this month, the Denver Broncos filed a motion to sever ties with the sports retailer. That means the team could be looking for a new naming rights sponsor for the stadium and Colorado marijuana companies want in.

At least two Denver pot-related businesses — Native Roots and O.penVAPE — have offered to pay $6 million per year to obtain the naming rights, according to the Denver Business Journal

Wed
01
Jun

The Marijuana Show Returns: Season 2 Sizzle Reel [Watch]

Season Three breaks records with $20 million available to Ganjapreneurs in capital investment.

The Cannabis industry is anticipated to grow to $17.5 billion by the year 2020, and the first-ever reality show about investing in Cannabis, is looking for the next crop of Ganjapreneurs to join winners who have already offered $18 million in investments, and brought a cannabis car, a major Hollywood “stoner comedy”, a cannabis advertising agency, and a line of CBD-infused dog bones to the market.

Wed
01
Jun

Women Grow Edmonton Plants Seeds of Entrepreneurship Ahead of Marijuana Legalization

With marijuana legalization on the horizon in Canada, Edmontonians are starting explore ways they can get involved in what could be a multi-billion dollar industry.

Women Grow Edmonton is already looking at how female entrepreneurs, in particular, can get in on the green.

The group launched a month ago, with the goal of starting a conversation on the future of legal cannabis in Edmonton.

But chair Alison McMahon says it's already creating a buzz.

Wed
01
Jun

How Big Is The Market For Legal Pot?

Ready or not, with its legalization in several states and those old-school taboos surrounding weed being febrezed away, a massive dollar sign hangs above Marijuana industry as its potential growth projections outpace the smartphone industry.

Tue
31
May

Top Cannabis Tech Companies

In this day and age, convenience means more than just getting a meal delivered by sending an emoji via text, summoning a complete stranger to be your personal chauffeur without even speaking to them first or being able to adjust the delicately sensitive temperature of a smart vape from an app. In these times, convenience means having all the information needed in the palm of your hand and the emergence of new apps are helping to build the cannatech connection by providing the community with the type of convenient, always-available technology other industries have been enjoying for some time. Check out these companies and how they’re helping the cannabis industry catch up with the rest of the technological cosmos.

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