Marijuana Business News

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stocks
business
Mon
21
Sep

Oregon considers rules for marijuana grow sites, pesticides and pot delivery services

Indoor marijuana growers producing for the recreational market would be capped at 10,000-square-foot facilities and outdoor growers would be limited to 2-acre parcels under one proposal being considered by a state-appointed committee looking at marijuana regulation.

Draft rules for grow sites, pesticide use, retail sales and the production of concentrates and marijuana-infused edibles were discussed Friday by the Oregon Liquor Control Commission's rules advisory committee. 

Though anyone 21 and older may buy up to a quarter-ounce of cannabis flowers, unlimited seeds and four plants from medical marijuana dispensaries starting Oct. 1, those purchases are part of Oregon's early sales program, which is overseen by the Oregon Health Authority.

Mon
21
Sep

How a Jewish Business School Drop-Out Created a Marijuana Empire

It’s just an ordinary afternoon at Weedmaps headquarters, and Justin Hartfield, the company’s clean-cut CEO, is waiting for another potential investor to arrive.

Hartfield is 31 and boyish with black glasses, close-cropped dark hair and an easy smile. He could be a management consultant or a CPA if he weren’t sitting in his office in a black leather armchair, wearing khaki shorts and bright turquoise flip-flops.

He is drinking a porter beer from a custom-made tankard, and as he explains more about today’s billionaire visitor, the dark liquid empties to reveal the head of a bright-green alien poking up from the glass.

Mon
21
Sep

Australia: Hemp worth millions

KEY agriculture sector names are lining up to back industrial hemp as a food crop, but advocates say access to the billion-dollar global industry is shrouded in bureaucracy.

Hemp fibre crops were legalised in NSW in 2008, but producers said the lack of legal approval for hemp seeds as food prevents the industry from gaining acceptance as a mainstream broadacre crop.

Sun
20
Sep

Oregon's Legal Sale of Marijuana Comes With Reprieve

Bud tenders Ieasha Semler, 23, left, and Anna Marie Alcantara, 22, roll marijuana cigarettes at the Chalice Farms dispensary in Dundee, Ore. Oregon is exploring a new path in regulation and punishment as its legal recreational market takes shape. By KIRK JOHNSON September 20, 2015

PORTLAND, Ore. — About 15 years ago, when she was in her 20s, Erika Walton handed a bong to someone who turned out be a police officer, and was cited for marijuana possession. She paid the fine, she said, but the violation lingered on, haunting her record.

Sun
20
Sep

Schumer Calls On Feds To Shut Down Websites That Sell Synthetic Marijuana

NEW YORK (CBSNewYork) – Sen. Charles Schumer wants the federal government to do more to stop the flow of synthetic marijuana, also known as K2.

Synthetic marijuana can be purchased online with a credit card, WCBS 880’s Jim Smith reported.

“These drugs are more dangerous and can have worse side effects than marijuana,” Schumer said.

Schumer says websites from China selling the dangerous substance are still easily accessible, Smith reported.

Schumer: DEA Should Help Shut Down K2 Websites

Sun
20
Sep

My First Oregon Medical Marijuana Business Conference

As new cannabis activist, the Oregon Medical Marijuana Business Conference was exactly the event I had hoped it would be. I learned a ton about the emerging cannabis industry, like all the specifics with Oregon’s new laws and regulations, and I got a chance to hear great insight from industry experts. Because everything is so new, events like this are critical to success. The more we come together and educate each other now, the better things will turn out in the long run for Oregon’s legal marijuana industry.

Sun
20
Sep

Weekly US Cannabis Spot Price Index

U.S. Cannabis Benchmark Spot Index down 9% to $1,948 as harvest begins. The national price decreased by $185 per pound week-on-week, after reaching $2,133 last week, in what currently appears to have been the seasonal peak.

The fall harvest season has begun. Depending on local climate and the strains being grown, outdoor growers will generally harvest from mid-September to mid-November. Kushes and other indica-dominant strains are ready for harvest earlier, while sativa-dominant varieties require more time to mature if they are to be considered high-quality and exhibit fully the characteristics desired by consumers.

Sun
20
Sep

U.S. PATENT OFFICE ISSUES CANNABIS PRODUCT TRADEMARK TO HEALTH AND BEAUTY CARE COMPANY

[Press release] The United States Patent and Trademark Office recently granted trademark protection for Cannabis Basics’ company logo, which features a watermark of a Cannabis leaf with four hands inside. Cannabis Basics’ product line includes health and beauty products featuring hempseed oil as an ingredient. While registration of Cannabis Basics’ trademark is specific to its unique type of health and beauty products, it is a major step towards mainstream acceptance of Cannabis as an everyday consumer good.

Sun
20
Sep

Riding the Easton Pharmaceuticals Inc Express

Easton Pharmaceuticals Inc (OTCMKTS:EAPH) continues to trade well at established support levels just over $0.056 52-week lows. EAPH has a history of explosive moves running from sub pennies to a dime in early 2014 when pot stocks ruled the bb’s.

The shell has been around for years and was initially formed as L.A.M. Pharmaceutical, Corp on July 24, 1998. After a 3000 for 1 reverse stock split in 2009 the Company changed their name from LAM Industries Inc., to Easton Pharmaceuticals Inc.,

Sun
20
Sep

GW Prescription drugs' Schizophrenic Marijuana Drug Knowledge

GW Prescription drugs ended up 7.6% yesterday after saying in a press launch headline that the corporate had "Constructive Proof of Idea Knowledge in Schizophrenia" for its cannabidiol, or CBD, drug.

Sounds nice, proper? With proof of idea in hand, the corporate simply wants to verify the part 2 outcomes and every thing is grand. Hooray for science. And medical marijuana derivatives. And sufferers. And buyers.

There’s only one drawback: proof of idea implies that you simply had a speculation, examined it, and it turned out to work, albeit on a scale smaller than is important to get the drug permitted.

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