Marijuana Business News

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Mon
24
Apr

The buzz on cannabis-infused honey

Sometimes, there’s no better language in which to say something than ancient Latin, and going back even further, ancient Greek. Take the word “electuary.” It’s actually from the Latin word “electuarium” and the ancient Greek “ekleikton,” meaning “medicine which is licked away.” Specifically, an electuary refers to medicinal herbs — and in this case, cannabis oil — mixed with honey. It also speaks to the ancient relationship that humans have with honey.

Fri
21
Apr

Migrant workers are making thousands trimming marijuana in California

They sit for hours at a time, hunched over tables with scissors in one hand and marijuana in the other. The work is tedious, but it pays well — for now. This once mostly black market trade is slowly becoming more regulated, hindering the flow of quick under-the-table cash.

Hours meld, the sound of snipping and sticky scissors clinking when they are dipped in jars of alcohol as the workers groom the weed.

Fri
21
Apr

Cannabis expos bloom in Calgary as marijuana's stigma dissipates

Taboos over marijuana are going up in smoke, supercharging cannabis expos in Alberta including one taking seed in Calgary next month, say organizers.

Fuelled by a buzz over impending national legalization and eight U.S. states that have dropped pot prohibition, an Edmonton trade show held in early April exceeded attendance expectations, said Kevin Blackburn of organizer Canwest Productions.

“We were hoping for 3,000 to 5,000 people and we doubled that,” he said. 

“We expect the same, if not better, in Calgary.”

There’s no question the momentum in marijuana’s mainstreaming is drawing both exhibitors and the curious out of the weeds for events such as the Calgary Cannabis and Hemp Expo at Stampede Park’s Big Four Building May 6-7, said Blackburn.

Fri
21
Apr

How the marijuana industry will boost Canadian innovation

The federal government tabled legislation last week that is expected to legalize the production, distribution and sale of cannabis in Canada by July 1, 2018. In response to the news of this proposed legislation, shares in Canadian marijuana stocks jumped several percentage points – and rightly so. Canaccord Genuity analysts reported in late 2016 that if legalization were to follow expected timelines, Canada could have nearly four million legal recreational users of marijuana by 2021, with a potential for $6-billion in annual sales.

Fri
21
Apr

Tikun Olam, the World's Original Medical Cannabis Company, Announces US Expansion of Health ...

The United States will experience a wellness revolution through a new line of  clinically-proven, proprietary cannabis products from Tikun Olam, a premier science based cannabis provider rooted in the world capital of medical cannabis: Israel. Following the success of their pilot program in Delaware, and uniquely positioned to revolutionize health & wellness for the nation, the groundbreaking medical and adult use lifestyle brand, Tikun™, will continue its U.S. expansion with a launch throughout Nevada in April 2017.

Fri
21
Apr

Watch a 360 video of a marijuana harvest in Northern California

ABC News visited a cannabis farm in Mendocino County, California, during the harvest season last fall. Workers have to cut, dry and trim the weed to get it ready for sale.

Explore the marijuana harvest in this 360 video by dragging the video with a mouse:


The workers who cut the marijuana are called trimmers, and excellent ones can make a few hundred dollars over a 60 to 90 day harvest.

Fri
21
Apr

The Martha Stewart of Marijuana Edibles

Last fall, the food writer Laurie Wolf invited me to a dinner party at her home. It promised to be a master class in rustic entertaining. Wolf lives in a floating house on the Willamette River, just south of Portland, Oregon. When she has people over, she told me, she has a few rules for herself. First, “have as much done in advance as possible.” She goes so far as to set the table the night before and put out serving platters with sticky notes assigning their contents. Next, be sure to check your guests’ dietary requirements. These days, everybody has a health concern or a food allergy, and she says, “I always try to accommodate in a big way.” Some of Wolf’s recommendations are more esoteric.

Thu
20
Apr

Pharmacy distributors want in on Canada's legalized marijuana regime

The federal government's plans for legalizing recreational marijuana has many would-be players looking to carve out a role for themselves in the emerging market, including pharmaceutical distributors who already ship drugs across the country.

The Canadian Association for Pharmacy Distribution Management — a supplier of medicine for pharmacies and hospitals — says it has a ready-made system for marijuana distribution that they say is far superior to mail-order pot.

Pharmaceutical distributors offer a more appropriate vehicle for the recreational marijuana market, CEO David Johnston said in an interview Wednesday, noting they already have the infrastructure in place to handle potential recalls, be it in downtown Toronto or remote northern Ontario.

Thu
20
Apr

Canada: Do you know what your brand of marijuana looks like?

When you go to a restaurant, do you order a cola?

No, chances are, you ask for a Coke or a Pepsi. That's the power of successful branding: the generic name of the product gets lost in the marketplace.

Now imagine ordering marijuana. Does a brand come to mind? Probably not.

But that could change, as a result of the Liberal government's proposed legislation to legalize recreational marijuana.

The question is: how will it change?

Thu
20
Apr

Millions in marijuana cash roll headed to IRS on Tax Day

It's Tax Day. No company likes handing money over to the tax collector, but for Oakland-based Harborside Health, settling up with the Internal Revenue Service represents a unique kind of headache. Like many successful retail operations, Harborside — which brought in $44 million in revenue in 2016 — owes millions of dollars in taxes to federal, state and local governments. Unlike most other companies, Harborside has to count and hand-deliver those millions of dollars to the IRS and other authorities in cash.

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