North America

Tue
16
Feb

Budding operation: NM's nonprofit medical marijuana takes 'big business' turn

Eric Howard takes great pride in his “ladies,” each of which can yield up to 16 ounces of medical cannabis in a 16-week life cycle.

“They get so heavy, they fall over right at the end,” said Howard, master grower at an 11-acre growing facility in Bernalillo owned by Ultra Health LLC. A trellis system is needed to support the heavy flowering branches of the mature plants.

Howard urges a visitor to feel one of the dense flowers, which leaves a sticky resin on the fingers.

Tue
16
Feb

Investors, celebs rush to desert city Adelanto for marijuana cultivation

The ordinance that allows commercial cultivation of medical marijuana in Adelanto requires growers to make every effort to hire at least half of their workers in the city.

Adelanto needs all the jobs it can get. Its unemployment rate soared to 22 percent during the recession, and it's still 9.7 percent, compared with a statewide rate of 5.8 percent.

Freddy Sayegh, a Los Angeles lawyer who represents three cultivation projects, estimates the new industry will generate 3,000 jobs for the town. His three facilities might account for 500, he said, with workers tending and trimming the plants and providing security, sales and research.

Tue
16
Feb

Celebrities are Getting into the Legal Marijuana Game

Legal marijuana means big profits that no longer go to criminals and cartels. So who is going to get those legal cannabis profits? Obviously those with the drive and foresight to navigate a new and evolving industry; also, being a celebrity doesn’t hurt.

Celebrities are flooding into the “dope game.” There are those you would expect; well-known cannabis users who have been preaching the awesomeness of Mary Jane for decades who now plan on cashing in on being absolutely right.

Tue
16
Feb

Mystery cannabis 'consortium' eyeing Longmont's biggest biz property

Sprawling 70-acre campus is listed for $85M

Pharmaceutical interests with ties to cannabis are reported to be involved in talks to purchase Longmont’s largest commercial property: The 70-acre facility formerly home to European biotech firm Amgen.

The campus was put up for sale in June for an asking price of $85 million, following the listing of Amgen’s 300,000-square-foot Boulder facility. That property was purchased for $14.6 million by AstraZeneca in September.

Tue
16
Feb

Bill Maher Smoked A Joint On TV To Strengthen His Argument

Marijuana legalization is a huge and hot topic right now, and yes, the United States is making progress in it all, but some think it is moving too slow. Bill Maher is one of those people and he knows there is still a long way to go before it is legal everywhere, and it is no secret that he loves to smoke a bit of weed now and again. Well, smoking it legally indoors and on the set of Real Time with Bill Maher is something up for question, but that’s exactly what he did last night.

During a segment on Real Time on Friday night, Maher totally blasted the hypocrisy of the marijuana laws in the United States. In order to push his point and make an entirely huge statement, he lit up a joint and smoked weed on television.

Tue
16
Feb

Big Marijuana Execs Want Young Professionals, Emphasis on 'Professional'

Weed has gone legit. Gone are the days of seedy back-alley deals and surreptitious deliveries. (Unless -- do you know a guy?) As legalization expands, clandestine dealers are being replaced by respectable mom-and-pop shops, glossy grow-ops, and tourist-friendly "weederies." To solidify its position, the industry is looking to hire a crop of new young professionals. But it will make those hires on just one condition: They have to take this job -- deep breath now -- actually quite seriously.

Tue
16
Feb

15 Diseases and Ailments Marijuana May Help Fight

Marijuana's ascent appears nothing short of unstoppable.

Roughly two decades ago, only a quarter of people responding to a national Gallup poll wanted to see marijuana legalized. But beginning in California in 1996 and spreading throughout the country, 22 additional states, as well as Washington, D.C., have legalized marijuana for medicinal use as of today.

How's this possible? On one hand, public approval of marijuana being used as medicine is higher than it's ever been. A CBS News poll from April 2015 showed that a whopping 84% of those surveyed across America would like to see marijuana legalized for medicinal purposes.

Tue
16
Feb

Banks Don't Want to Work With the Legal Marijuana Industry. Can This Start-Up Convince Them?

The cash-only marijuana industry has long posed problems for banks, until now.

Although selling marijuana is now legal in 24 states and the District of Columbia, doing business as a legal marijuana company is a logistical nightmare. That's because marijuana is still federally illegal, and banks open themselves up to potential seizure by the Federal Deposit Insurance Corp. if they take money that is the result of a federally illegal act.

Tue
16
Feb

Pot Smoking On The Job? Colorado Cannabis Companies Experiment With Marijuana Policies

In most corporate settings, it's standard for employees to file into meetings with a cup of coffee in hand before sitting down to strategize on how best to move the business forward. But at least one Denver-based company has taken a different approach by allowing its staff to use another stimulant of sorts to get the creative juices flowing.

"When we have a company brainstorm session, we usually go to the rooftop or Red Rocks Park, and if people want to consume cannabis, they can smoke," said Isaac Dietrich, the co-founder of MassRoots, a tech startup social platform for cannabis users, about their Friday-afternoon meetings.

Mon
15
Feb

Reeferegulatory challenge

A growing number of countries are deciding to ditch prohibition. What comes next?

IN AN anonymous-looking building a few minutes’ drive from Denver International Airport, a bald chemotherapy patient and a pair of giggling tourists eye the stock on display. Reeking packets of mossy green buds—Girl Scout Cookies, KoolAid Kush, Power Cheese—sit alongside cabinets of chocolates and chilled drinks. In a warehouse behind the shop pointy-leaved plants bask in the artificial light of two-storey growing rooms. Sally Vander Veer, the president of Medicine Man, which runs this dispensary, reckons the inventory is worth about $4m.

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