Marijuana Business News

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Fri
18
Sep

Cannabis Market Data Firm BDS Analytics Raises $1.5MM

BOULDER, Colo.--(BUSINESS WIRE)--

BDS Analytics, a Colorado-based market intelligence firm, announced today it has successfully closed its first round of funding, raising $1.5 million, two-thirds more than its funding goal of $900,000. The deal includes both angel and institutional investors.

Fri
18
Sep

Oregon's Boutique Purveyor of Organic Cannabis Opens to Help Others Find Health

TJ’s Organic Provisions' new dispensary in Eugene offers a highly curated collection of flowers, edibles (including delicious Cannavore confections) and extracts sourced from their very own gardens.

Eugene, Oregon (PRWEB) September 18, 2015

Fri
18
Sep

CannaVoices Proudly Recognizes the Release of Steve DeAngelo's Book The Cannabis Manifesto

CannaVoices proudly announces the release of the book, The Cannabis Manifesto, written by Steve DeAngelo promotional bonuses and launch.

Tampa, Florida (PRWEB) September 18, 2015

CannaVoices, a premiere legal medical cannabis digital media company, proudly recognizes leader in the industry Steve DeAngelo’s new book The Cannabis Manifesto set to launch September 2015.

Thu
17
Sep

Vancouver Police Department recommends pot shop complaint be dismissed

Anti-pot shop crusader alleges police not enforcing laws against illegal marijuana dispensaries

The Vancouver Police Department has recommended the Vancouver Police Board dismiss a complaint from an anti-pot shop crusader accusing police of failing to shut down the city’s 100 or so illegal marijuana dispensaries.

In a 15-page report that goes before the board Thursday, Deputy Chief Doug LePard provided a detailed analysis of the complaint from Pamela McColl of Smart Approaches to Marijuana Canada and outlined why the majority of dispensaries continue to operate without police interference.

Thu
17
Sep

California's Pot Biz "Wild West" May End, Massachusetts Could "Head It Off At The Pass"

Legal marijuana commerce - to some extent a reality in 24 states and the District of Columbia - may be the fastest growing industry in the United States. Regardless of what we think about pot use, these facts beg the question: if voters continue to push for legalization, what is the best way to end prohibition of a popular business activity?

Thu
17
Sep

eCann Media Announces Lineup of Disruptive Companies at the First Ever Cannabis Investor ...

SAN FRANCISCO, Sept. 16, 2015 /PRNewswire/ -- eCann Media unveils the lineup for its inaugural "Cannabis Investor Summit", a new platform for investors looking to get into the legal cannabis industry. The Summit will showcase the best investment opportunities and benefits of investing in the Cannabis industry, with an emphasis on the transparency of a cloud-based environment.

Thu
17
Sep

Colorado Attorney General investigates marijuana companies using 'organic'

 Because marijuana is illegal under federal law, and use of the term organic is federally regulated, a licensed cannabis business cannot be certified as organic no matter their practices

Colorado’s attorney general is investigating several marijuana businesses over concerns the word “organic” in their names or advertising might be misleading to consumers.

The office is reviewing complaints from consumers that the “merchants have been misrepresenting their product when they say ‘organic’ or ‘organically grown,'” said Roger Hudson, spokesman for Colorado Attorney General Cynthia Coffman. “We’re looking for information inside those complaints to make a determination on what those next steps are. Is it consumer fraud? Is it criminal?”

Thu
17
Sep

Day Without Marijuana Tax Draws Mixed Reactions in Colorado

DENVER — Some called it Christmas for stoners. Others warned of marijuana anarchy.

Marijuana products across Colorado were nearly tax free on Wednesday — a one-time tax break forced by a quirk in the state Constitution. The break knocked away the state’s 10 percent tax on cannabis purchases — which is imposed on top of the existing state sales tax and any municipal taxes — and marijuana shops around the state spent months coordinating their distribution plans, advertising deep discounts in addition to the tax vacation and encouraging customers to start lining up at dawn.

Thu
17
Sep

Hungry for hemp: Industry waits for green light

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.

NSW Agriculture Minister Niall Blair and his Labor counterpart Mick Veitch last week hailed the potential of hemp and the cash bonanza it could bring to the state.

Currently, eating and selling hemp seeds as food is illegal only in Australia and New Zealand, due to fears over interference with drug testing devices, as well as legal and treaty issues.

Thu
17
Sep

Jamaica may become world’s medical marijuana hub

Jamaica’s progress towards its goal of becoming the medical marijuana hub of the world just reached a new high. On Monday, Colorado-based O.penVAPE announced an alliance with Jamaican-Canadian cannabis firm Timeless Herbal Care (THC). O.penVAPE boasts that it is the largest consumer cannabis brand, with over 2.2 million consumers reached by its advertising and social media efforts. Its international collaboration with THC is projected to generate over $100 million in revenue in the first 10 years.

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