Marijuana Business News

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Tue
24
Nov

Last-minute Alaska marijuana residency requirement change will get second look, board says

The Marijuana Control Board will meet again to take a look at Alaska residency requirements after an 11th-hour change to its rules was met with shock and concern by both the state and industry supporters.

On Dec. 1, the board “will discuss and may amend residency requirements” that were adopted last week, the board announced in an email. 

While marijuana businesses must be 100 percent Alaska-owned, on Friday the board changed the definition of what it takes to qualify as an Alaskan. 

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Mon
23
Nov

Florida Medical Marijuana Industry Gets Off The Ground

TALLAHASSEE (CBSMiami/NSF) – A select group of sick patients will now have access to non-euphoric medical marijuana after Florida health officials selected five “dispensing organizations” on Monday that can grow, process and distribute the special pot.

But many in the industry believe that the biggest challenge in the drawn-out process is yet to come.

The five winners, who scored the highest of 28 applications, are Hackney Nursery in the Northwest region of the state; Chestnut Hill Tree Farm in the Northeast; Knox Nursery in the Central region; Alpha Foliage in the Southwest region; and Costa Nursery Farms in the Southeast region.

Mon
23
Nov

Matica Begins Legal Action Against THCD

TORONTO, ON / ACCESSWIRE / November 23, 2015 / Matica Enterprises Inc. (CSE: MMJ) (Frankfurt: 39NF) (OTC PINK: MQPXF("Matica" or the "Company") announces that the Company has filed a Notice of Civil Claim in the Vancouver Registry of the Supreme Court of British Columbia naming THC Dispensaries Canada Inc. ("THCD"), Francis MacMaster, CEO of THCD and other related parties as Defendants in an effort to recoup funds and other damages suffered by Matica as a result of numerous breaches by the Defendants of the October 7th, 2014 Investment Agreement ("the Agreement").

Mon
23
Nov

INTERESTED IN THE CANNABIS INDUSTRY?

Marijuana:  Anticipating Changes in Legislation

A recent press release from the "Women Grow:  Kootenay Chapter"  says,

"Are you interested in cultivating a career in the cannabis industry? Would you like to know more about cannabis and the future of the industry in general?

Mon
23
Nov

19 businesses apply to sell medical marijuana in Whatcom

The Washington State Liquor and Cannabis Board has received applications from 19 businesses that want to sell medical marijuana in Whatcom County.

The board has so far approved six medical endorsements. All are existing stores that have a license to sell recreational pot.

Among those getting endorsements is 2020 Solutions, which has two stores in Bellingham.

“We saw the need to serve medical patients in our stores as the medical market changes dramatically,” said Aaron Nelson, senior vice president of operations for 2020 Solutions.

Nelson said 2020 applied for the endorsements shortly after the board began accepting them Oct. 12 and received approval quickly.

Mon
23
Nov

Golden Leaf eyes joint listing as cannabis market grows

To help educate consumers, Flow Kana hosts soirées where guests can sample ‘tastings’ of different cannabis strains

A cannabis company is poised to become the first marijuana producer with a joint listing in Europe and the US as it seeks to take advantage of shifting attitudes to the drug that are spawning a new industry.

Golden Leaf Holdings, one of the largest cannabis oil producers in the US, has said it will list on London’s Aim or in Germany early next year — and in New York within a month.

Mon
23
Nov

Uruguay officials discover pot-growing clubs may have created 'gray market' for marijuana

Authorities in Uruguay say the country's legal pot-growing clubs may be selling marijuana and cannabis products without approval, creating a kind of "gray market."

The pot-growing clubs are allowed to have 45 members who can collectively cultivate up to 99 plants for personal use, but they cannot sell the marijuana.

Uruguay became the first nation to approve marijuana legalization and regulation in 2013.

The law also allows Uruguayan adults to buy up to 40 grams of marijuana from pharmacies once a month. But there have been delays in implementing the pioneering plan.

Mon
23
Nov

Pot business interests tribes

Warm Springs looks at building 36,000-square-foot cannabis production plant

The Warm Springs Indian Reservation may soon be home to a 36,000-square-foot marijuana greenhouse, owned and operated by the Confederated Tribes of Warm Springs.

On Dec. 17, tribal members will vote on whether the Warm Springs Tribal Council should be authorized to “allow, regulate and operate an on-reservation, tribally owned cannabis cultivation and extraction facility, with retail sales allowed only off the reservation.”

At least a 30 percent turnout — approximately 1,110 tribal members — is necessary to make the vote valid, and of those who cast ballots, at least 51 percent must vote in favor of the proposed marijuana project to allow it to go forward.

Mon
23
Nov

Ore. Department of Human Services branch turns away food donations from marijuana group

EUGENE, Ore. (KATU) -- A marijuana industry trade group says its offer of donated Thanksgiving food for people in need was declined by a state government agency.

The group says Oregon's Department of Human Services (DHS) initially accepted its offer, but had a change of heart because of its affiliation with the pot business.

Lindsey Jacobsen, the executive director of Women Leaders in Cannabis in Eugene, told KATU the group is “a nonprofit trade organization based on philanthropy."

At the beginning of the month, Jacobsen said the group of nearly 30 pot industry business leaders decided to give back for Thanksgiving by collecting food for the needy.

Mon
23
Nov

3 Ways Oregon Is Setting the "Green" Standard for the Marijuana Industry

The marijuana movement, for lack of a better phrase, is growing like a weed.

Looking back only two decades we would not find a single state allowing marijuana to be legally sold in a shop or prescribed by a physician, and only a quarter of respondents in Gallup's national survey shared a favorable view of the drug.

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