Marijuana Business News

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Wed
21
Oct

DEA Must Stop Interfering With Legal Medical Marijuana Dispensaries, Federal Court Rules

In a scathing decision, a federal court in California has ruled that the Drug Enforcement Administration's interpretation of a recent medical marijuana bill "defies language and logic," "tortures the plain meaning of the statute" and is "at odds with fundamental notions of the rule of law." The ruling could have a broad impact on the DEA's ability to prosecute federal medical marijuana cases going forward.

Wed
21
Oct

What You Can Learn About Leadership from Justin Trudeau’s Big Win

Modern organizations increasingly need networks of expertise, not command-and-control hierarchies

n April 2014, a picture appeared of Liberal leader Justin Trudeau and then-city councillor Adam Vaughan on the front page of the Toronto Star. Taken by the political party’s official photographer, it showed the two men deep in conversation at downtown Toronto bistro.

Wed
21
Oct

Colorado's Marijuana Industry Has A Big Impact On Denver Real Estate: Report

The marijuana industry in Denver is spurring one unlikely sector: real estate. Colorado’s cannabis industry occupies at least 3.7 million square feet of industrial space in Denver, a recent study discovered, the Denver Post reported Tuesday.

Tue
20
Oct

Justin Trudeau’s Canada victory is also a win for the nation’s marijuana industry

Shares in all of Canada’s major listed cannabis companies surged on Tuesday, as the market reacted to Trudeau’s pledge to legalise recreational use

Among the biggest corporate winners from Justin Trudeau’s surprise victory in the Canadian election is the nation’s cannabis industry.

Shares in all of Canada’s major listed cannabis companies surged on Tuesday, as the market reacted to Trudeau’s pledge to legalise recreational cannabis use.

Tue
20
Oct

Cocke County hemp farm doesn't see desired yields

Throughout the month of October, farmers begin to harvest their inaugural hemp yields.

(WBIR - PARROTTSVILLE) Throughout the month of October, farmers begin to harvest their inaugural hemp yields. Throughout the state, farms are seeing different results.

Charles Mason owns Happy Holler Hemp Farm in Parrottsville. His farm is the second biggest hemp farm in the state.

He had bad luck on his first crop. It was so small Mason was unable to harvest it.

"Should have held off for the upcoming year and made more plans rather than just rushing into it," said Mason.

The season started this year with great fanfare.

Tue
20
Oct

Terra Tech Subsidiary IVXX Adds 60 New California Retailers Following New California Legislation

NEWPORT BEACH, Calif., Oct. 15, 2015 /PRNewswire/ -- Terra Tech Corp. (OTCQB: TRTC) ("Terra Tech") or (the "Company"),  a vertically integrated cannabis-focused agriculture company, today announced that IVXX, the Company's proprietary brand of premium cannabis products, is now available at 60 additional medical cannabis collectives located in Orange and San Bernardino Counties,California.

Tue
20
Oct

Marijuana industry drives Denver metro area's real estate recovery

One in 11 industrial buildings in central Denver now houses marijuana cultivation, CBRE report says

Your nose isn't lying: One in 11 industrial buildings in central Denver is full of marijuana.

The state's cannabis industry occupies at least 3.7 million square feet of industrial space in Denver, clustered in areas of older warehouse stock, including the Interstate 25-Interstate 70 junction, Montbello, central Denver and along the Santa Fe Drive corridor in southwest Denver, according to commercial real estate firm CBRE.

Tue
20
Oct

Oregon fines Portland marijuana dispensary for multiple violations related to product giveaways

The state has fined a Portland marijuana dispensary $2,500 for allowing a vendor to give away marijuana concentrates and pre-rolled joints in the parking lot on the opening day of recreational marijuana sales, according to a stipulated settlement order.

The order states that Cannacea, located in Northeast Portland, allowed the giveaway of marijuana products in its parking lot and failed to check the identification of people receiving the products to ensure they were 21 or older or that they were medical marijuana patients.

The document also states the products being given away lacked proper labeling and were not in child-resistant packages. 

Tue
20
Oct

Cannafest Prague 2015

This November, don’t miss the continent’s hottest cannabis event, held in the heart of the EU.

In less than two months, one of Europe’s largest cannabis trade shows will kick into gear as the sixth annual Cannafest Prague hits the Czech Republic.

“Last year, Cannafest saw a record number of exhibitors from 21 countries in the world,” the Cannafest Prague 2015 website states. “Although only a few weeks remain until its start, the preparation for the event has been fully underway.” 

Tue
20
Oct

South Dakota: Sioux See Bonanza In Pot Smoking Lounge

The Santee Sioux hope the marijuana "smoking lounge" they are building in a converted bowling alley will bring $2 million a month to the tribe, despite opposition from the governor, who calls the project illegal.

Workers are gutting a bowling alley across the parking from the tribe's new growing warehouse, and plan the grand opening on New Year's Eve. Tribal President Tony Reider envisions a hotspot with a stage for performers, a dance floor, a bar, restaurant, smoking lounge and marijuana dispensary.

The tribe invited all 105 members of South Dakota's Legislature to tour both facilities on Friday, but only five showed up.

Governor Dennis Daugaard was a no-show.

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