United States

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Wed
22
Apr

And then the freshman senator from Colorado made a pot joke

Just a little bipartisan repartee on Capitol Hill.

During a Senate Commerce subcommittee hearing on “telehealth” advancements Tuesday, the panel’s chairman Sen. Roger Wicker (R-Miss.) wondered aloud where he could go see cherry blossoms since he missed peak bloom here in Washington.

Sen. Cory Booker (D-N.J.) perked up, thanking Wicker for the opportunity to boast about Newark’s cherry blossom collection — the country’s largest. Booker was so elated — “sir, you have just earned so much love from me” — he suggested he now had a “bromance” with Wicker. (Rand Paul will be so sad.)

Wed
22
Apr

Marijuana Stocks Not Very High On 4/20

Back in January, Benzinga published a list of 15 marijuana stocks to watch in 2015. The S&P 500 is up more than 2.1 percent so far this year, but how are marijuana investors enjoying 2015?

As the debate over marijuana legalization rages on in the United States, April 20 (4/20) seemed an appropriate time to provide an update on the year-to-date (YTD) performances of these 15 marijuana names.

See Also: 15 Marijuana Stocks To Watch In 2015

Here’s a breakdown of the full list:

Wed
22
Apr

More Options in Raising Capital

A key to surviving and succeeding as an entrepreneur is to have fallbacks – secondary strategies to employ when the primary strategy fails to achieve the desired result.  This is particularly true when raising capital.  An entrepreneur who walks away from a pitch with no money is normal.  Statistics on bank applications and angel presentations show that over 95% of the time the pitch will fail.  The entrepreneur must pick themselves up and dust themselves off and go pitch again.

 

The single most common reason that an entrepreneur fails to obtain capital when making a pitch is that they are pitching to the wrong capital source.  The deal that the entrepreneur has to offer does not match the criteria of the investor. 

 

Wed
22
Apr

2016 Will be Huge For Marijuana

The 2014 midterm elections will go down in history as one of the most important years in marijuana history. It provided validation that two trailblazer states — Washington and Colorado — had made the right decision two years prior in pushing through a voter-passed ballot initiative, allowing for the possession and consumption of adults. Many were skeptical when those states passed their respective laws, but in 2014, they suddenly don’t look so crazy.

Wed
22
Apr

Kansas mom loses custody of son, 11, after he gives marijuana speech

WICHITA, Kansas -- A medical marijuana advocate has lost custody of her 11-year-old son at least temporarily and could face possible charges following comments the boy made during a drug education program at school.

The case of Shona Banda, 37, was forwarded Monday to the district attorney's office for a decision about charges, Police Capt. Randy Ralston said. Possible charges include possession of marijuana with intent to distribute, possession of drug paraphernalia and child endangerment, the department said in a news release.

No arrests have been made.

The divorced mother said she did not get custody of her son back following a hearing Monday, after Kansas authorities had placed the boy into protective custody.

Wed
22
Apr

Willie Nelson to Launch His Own Brand of Marijuana

"I will make sure it's good or it won't be on sale"

Singer Willie Nelson plans to launch his own brand of marijuana for recreational users who demand “the best on the market,” the 81-year-old country legend announced.

“Willie Weed,” from the newly formed company Willie’s Reserve, will hit dispensary shelves in Colorado and Washington, where legalization of recreational marijuana has created a booming industry, the Associated Press reports. Nelson said he would partner with growers in both states.

“I will make sure it’s good or it won’t be on sale,” the singer said in an interview with Rolling Stone.

Wed
22
Apr

Companies Try to Trademark Scents

Federal trademark officials in Alexandria, Va., recently received an unusual package: a hand-delivered parcel containing vials of a clear liquid that smelled of oranges.

The sender wasn’t a crank. It was a corporate trademark lawyer representing Flotek Industries Inc., a Texas producer of hydraulic-fracturing fluids used to extract oil and gas from rocks deep in the earth.

Wed
22
Apr

Massachusetts: Dispense with medical marijuana alarmism

How much longer does Father Joe Quinn have to wait?

Sometimes, when the Franciscan friar says Mass at St. Anthony’s Shrine downtown, he is in so much pain that tears roll down his face. He has Ogilvie’s syndrome, a rare gastrointestinal disorder that has put him in the hospital for months at a time, required multiple operations, and left him dependent on a feeding tube. It hurts, all day every day, the agony an 8 or 9 on a 10-point scale.

“After a while, the pain becomes unredemptive,” he said, his eyes welling. “It doesn’t serve any purpose, except to be in pain.”

Wed
22
Apr

Behind the scenes of a Las Vegas marijuana testing lab

The space is no bigger than a good-sized office break room. On beige counters along the walls and on an island in the center sit off-white rectangular boxes that could be copiers or printers.

But the several hundred thousand dollars of highly sensitive scientific equipment in this room — and others like it — will be key to ensuring medical marijuana sold in Nevada is safe.

A private, state-licensed laboratory like DigiPath must test each batch of marijuana before it is sold to the public — or sold to producers who make edible products. The labs also will have to test each batch of marijuana-infused “edibles,” such as lollipops or cookies, before they are sold.

The state approved 17 labs in Nevada, 15 in Clark County and two in Sparks.

Wed
22
Apr

The Side of the Marijuana Debate That No One Is Talking About — But Everyone Should

On July 1, Oregon will become the third state to allow the sale, possession, cultivation and private use of marijuana inside its borders. Like Colorado and Washington in 2012, and Alaska, where the the new law is being implemented in two phases, Oregon ended marijuana prohibition via a statewide ballot measure, which voters approved on Nov. 4, 2014.

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