Marijuana Business News

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Sat
12
Dec

Freeman: The etymology of marijuana prohibition

Marijuana. It’s a word we’re all are familiar with, especially if you’ve been living in Colorado for the last five years.

It’s a word that can stir up emotions immediately, regardless of where your convictions lay. It is a word that is rampant in headlines across the U.S., increasingly so every day. It is a word that was introduced into our lexicon innocently enough, only to be kidnapped by the social media of the time and used to vilify and condemn a plant that never meant any harm.

Sat
12
Dec

Sean Parker, Former Facebook President, Behind Marijuana Legalization in California 2016

Two California initiatives to legalize recreational marijuana in the Golden State, one backed by billionaire and former Facebook president Sean Parker, came together this week to amplify their shot at landing a spot on the 2016 ballot. 

The collaboration comes after the two groups negotiated for weeks behind the scenes and came to the conclusion that competing against each other would weaken the possibility that either initiative would be on the ballot in California on Election Day. The state's Lt. Gov. Gavin Newsom (D) and the Coalition for Cannabis Policy Reform both support the initiative, Reuters reported.

Sat
12
Dec

Laid-off hemp hearts workers are 'knocking on the hearts of the company'

 

Former Manitoba Harvest Hemp Foods workers gathered Thursday to speak out about how the company laid them off after they voted on whether to form a union.

The company let 19 workers go on Nov. 18, two weeks after the vote. 

Harvest Hemp

Workers who were laid off from Manitoba Harvest Hemp Foods have filed a complaint with the Manitoba Labour Board arguing the company tried to interfere with employees' efforts for form a union. (CBC)

Fri
11
Dec

Aphria Announces Closing of Bought Deal Financing

Aphria Inc. ("Aphria" or the "Company") (TSX VENTURE:APH) is pleased to announce it has closed its short form prospectus offering, on a bought deal basis, including the exercise in full of the underwriters' over-allotment option. A total of 8,846,370 units (the "Units") of the Company were sold at a price of $1.30 per Unit, for aggregate gross proceeds of $11,500,281 (the "Offering"). Each Unit consisted of one common share of the Company (a "Unit Share") and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one common share of the Company (a "Warrant Share") at a price of $1.75 until December 11, 2018.

Fri
11
Dec

Denver's 13th marijuana recall in 13 weeks: Advanced Medical Alternatives

The recall is Advanced Medical Alternatives’ second in eight days — and the 13th recall issued by the city of Denver’s Department of Environmental Health in 13 weeks

Denver marijuana business Advanced Medical Alternatives is voluntarily recalling 27 cartridges of its THC-infused vape pen oil because they contain potentially dangerous pesticides that cannot legally be used on cannabis in Colorado.

Fri
11
Dec

3 Florida nurseries file protests over medical marijuana licenses

Three Florida nurseries on Friday filed the first protests over the state’s licensing of growers of medical marijuana, according to the state Department of Health. 

The department confirmed receiving filings from TropiFlora of Sarasota, San Felasco Nurseries of Gainesville and Perkins Nursery of LaBelle by the close of business.

Rejected nurseries have until Monday to file protests over the state’s award of five licenses to grow medicinal pot.

Fri
11
Dec

$6 million couldn't save campaign to legalize marijuana in Ohio

Backers of the move to legalize marijuana in Ohio outspent opponents by 10-to-1 and still saw their campaign busted by voters.

Bankrolled almost exclusively by investors in a planned monopoly of 10 growing sites, ResponsibleOhio shelled out $21.8 million, campaign finance reports due Friday show.

In contrast, Ohioans Against Marijuana Monopolies spent $2.17 million.

Put another way, pot advocates spent $18.70 for each vote, opponents spent $1.06.

The proposed constitutional amendment, which also would have allowed individuals to have a small number of home-grown plants, drew opposition from nearly 64 percent of Ohio voters in November’s general election.

Fri
11
Dec

Pre-License Inspection For Kincardine Medical Marijuana Facility

The president of Supreme Pharmaceuticals says the pre-license inspection of their proposed medical marijuana growing facility in Kincardine went well.

John Fowler says if all goes as expected, they could receive their license early in the New Year.

He says a very thorough and detailed inspection took place Wednesday

“I would say primarily they’re looking for security features to make sure the site doesn’t represent a threat to the employees, to the security of the produce we hope to produce in the future, or to any of the stakeholders such as community members,” says Fowler.

He says a license would also mean they would likely need to hire more staff.

Fri
11
Dec

Is Marijuana Industry Money Warping the Legalization Movement?

The founder of NORML weighs in on the ongoing controversies.
 
A couple of recent developments have focused attention on the newly legal marijuana industry in several states and the potential for those new businesses to have an enormous impact on the shape of legal marijuana as it is rolled out in several new states. There is a lot of money involved in the industry, and money always plays a role in politics.
 

Money Has Always Been a Factor

Fri
11
Dec

5 Marketing Tips to Help Your Small Business Grow

Running a small business can be hard and it can be even harder to get that small business up off the ground. A good idea for small business owners to have to help their business grow is to use marketing tips. These tips not only help the business but they can also help other aspects as well. Marketing tips and tools are a must if you want to have a successful small business. With the right inspiration you can provide the atmosphere, incentives and customer care that will keep them coming back and will encourage them to spread the word about your establishment to their friends and acquaintances.

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