United States

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the US
Wed
13
May

$8 million deal for Colorado pot shop considered by Aspen officials

The Local Licensing Authority will weigh a change of ownership application associated with a potential $8 million sale of Aspen Green Dragon, one of six cannabis dispensers in town, at 9 a.m. Tuesday.

Ryan Milligan, co-owner of Denver-based cannabis company Greenwerkz, filed the application recently with City Clerk Linda Manning. Today’s hearing, which begins at 9 a.m., represents the first set of hurdles in the potential deal with Green Dragon.

Wed
13
May

CannLabs Launches Custom Content Channel on theCannabist.co

DENVER, May 12, 2015 -- CannLabs, Inc. (OTCQB: CANL), today announced the launch of a custom content science channel on theCannabist.co, The Denver Post's cannabis-focused news and culture website. Launched in December of 2013 to cover legalized marijuana in Colorado, The Cannabist features news, strain reviews, recipes, store maps and more about the state's expanding marijuana industry. Ricardo Baca, the nation's first major newspaper marijuana editor, edits the site.

Wed
13
May

Kush Bottles Acquires Dank Bottles LLC

LOS ANGELES May 12 2015 /PRNewswire/ -- Kush Bottles North America's premier supplier of customizable child-resistant packaging solutions and accessories for the marijuana industry announced today that they have acquired Dank Bottles LLC dba Kush Bottles Colorado. The acquisition comes one year after an agreement was struck between the two companies granting Dank Bottles an exclusive distributorship of Kush Bottles products in the state of Colorado.

Greg Gamet Justin Jones and Bryan Sullivan the founders of Dank Bottles will remain active leaders in the Colorado operations and will take on additional business development responsibilities nationally.

Wed
13
May

Retired Cop: I Never Encountered A Person 'Acting Out Under The Influence Of Marijuana'

 

A pro-marijuana ad debuting in Texas on Tuesday showcases a retired police officer who says the state should take a more "sensible" approach to marijuana policies because the drug causes far fewer problems than alcohol.

"I know of no instance in my entire career where someone was acting out under the influence of marijuana," says Russell Jones in the ad supporting a Texas House bill that would decriminalize marijuana, reducing the penalty for possessing less than an ounce to a maximum civil fine of $250. Current state law allows maximum penalties of six months in jail and a $2,000 fine for possessing less than two ounces.

Wed
13
May

On Private Vs. Public Companies, Unicorns and Cannabis

Would you like to invest in Uber? Or how about Airbnb? Well it turns out that you can’t. If you’re a regular Joe or Jane investor, there are no shares to buy for either company, or for companies like Pinterest and SpaceX.

Tue
12
May

Kentucky CBD: Back to the Future with Industrial Hemp

On May 5th 2015, James Comer, Commissioner of the Kentucky Department of Agriculture (KDA), held a press conference in a Lexington-based tobacco facility belonging to G.F. Vaughan, the last remaining tobacco processor in Kentucky.

His message was historic, his location symbolic: the first year of state-sanctioned industrial hemp farming under the Farm Bill succeeded, and the pilot program’s second year promises to be bigger and better, with the potential to elevate the entire state economy by restoring industrial hemp as the new “cash crop.”

Tue
12
May

Mentor Capital CEO on MoneyShow Cannabis Expert Panels

Marijuana Named as Next Big High Growth Sector

SAN DIEGO--(BUSINESS WIRE)--Mentor Capital, Inc. (OTCQB: MNTR) reports that its CEO, Chet Billingsley, will be a guest speaker at two cannabis investment panels this Monday and Tuesday at the MoneyShow being held at Caesar’s Palace in Las Vegas. The May 11th panel is titled “Meet the Experts Behind Medical Marijuana: Your Top Investments in this Growing Industry for 2015” and is hosted by Matt McCall, founder of the Penn Financial Group. The Tuesday panel is hosted by Scott Greiper, the founder of Viridian Capital, and covers “Investing in the Next Big High Growth Sector” and will be webcast at 4:45 PM.

Tue
12
May

Medical Marijuana For Pets: Is It Safe?

Some pet owners give their aging and sick animals medical marijuana believing this may ease pain or illnesses like it does for humans.

 

Some pets are given medical marijuana.

Medical marijuana is now available to use in 23 states to ease pain for cancer patients suffering from pain, but now even pets use weed for treatment.

Cannabis, contained in capsules and treats, is now used as treatment for aging or sick dogs, according to Time.

Tue
12
May

Can the Tesla Powerwall Help Grow Operations Save Money?

At the end of last month, Tesla unveiled their new product line, Tesla Energy, a series of batteries which may revolutionize the way people use electricity in their homes.

“Our goal is to fundamentally change the way the world uses energy,” said Elon Musk, CEO and product architect of Tesla Motors, “which sounds crazy.”

Tue
12
May

Epilepsy Today: Study confirms safety of cannabis drug CBD

Using a drug based on a chemical found in the cannabis plant to treat epilepsy has been controversial to say the least. An early study from the US may lend more weight to its scientific standing, however. The study suggests that the drug is safe, well-tolerated and effective.

An early American study has assessed the safety of Epidiolex – the drug made from cannabidiol (CBD), a compound derived from cannabis.

The study was conducted by Dr Orrin Devinsky, director of the New York University Langone Comprehensive Epilepsy Center. It was designed to test the safety of Epidiolex and how well people could tolerate it.

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