Marijuana Business News

Synonyms: 
stocks
business
Tue
16
Aug

A Budding Startup: Israeli Leaf Raises $2 Million for Smart Cannabis Growing System

Cannabis cultivation need not be disorganized or dirty. And yes, this gives a whole new meaning to a “seed round.”

While public opinion in Israel and worldwide is divided about the legalization of marijuana, the technological experts are not waiting. Even the almighty Microsoft is already involved.  Leaf, a startup developing an automated system for cannabis cultivation, announced a $2 million seed (pun intended) funding round on Sunday.

Tue
16
Aug

As Canada Moves to Legalize Marijuana, Shop Owners Ask: Why Wait?

The Cannabis Culture Lounge has everything a pothead might need to feel right at home: $3 marijuana buds, bongs for rent, bags of Skittles and Doritos for sale, and black leather couches where customers can recline in zoned-out contemplation in a pungent haze. Never mind that it is all technically prohibited by Canadian law.

Tue
16
Aug

Cannabis Products a Bright Spot for Terra Tech' Second Quarter

Terra Tech (TRTC) reported financial results for the second quarter and the company saw significant growth from a revenue perspective on a year-over-year basis.

Although we are favorable on this top-line growth, a majority of this revenue was generated by its Edible Garden subsidiary which has a very low gross margin.

Cannabis Products…A Margin Story

Terra Tech’s cannabis products continue to be a bright spot for the company as revenue increased by more than 2,800% on a year-over-year basis.

Mon
15
Aug

Tucked Away in the Foothills, Alberta's Only Medical Marijuana Factory Is Growing 7,000 Kg of Pot a Year

Driving past the gravel driveway that leads to an unremarkable rural bungalow just outside the Village of Cremona, most would never know the property is also home to the fastest growing manufacturer of medical marijuana in Canada.

Just beyond the rustic homestead, encircled by a stout, chain-link fence topped with barbed wire, sits a massive one-storey factory that this year is expected to produce 7,000 kg (about the weight of a full-grown African bull elephant) of cannabis for patients who’ve found relief for a wide range of symptoms thanks to a new frontier of medicine.

Mon
15
Aug

Cannabis Research Starts With Plant Research

Much of the media focus on cannabis research is on the people side: the medicinal advantages, the addictive risks, the socioeconomic impacts. Because people stories sell! They evoke emotion, inspire action, make great headlines, and are relatable to the masses, all of which bring media attention.

Mon
15
Aug

This Seattle Startup Wants to Bring Price Transparency to Marijuana

In 2014, you could walk into a medical marijuana dispensary in Seattle and pick up a gram of cannabis. Then, you could walk a few blocks and get the same product for half the price.

To Daniel Nelson, founder and CEO of Wikileaf, shopping in the medical marijuana marketplace was frustrating.

“I originally built Wikileaf for myself back in 2014, really to find transparency in a marketplace that was so in the shadows,” said Nelson, who uses medical marijuana to manage lower back pain.

His vision for Wikileaf was a site that emphasizes price transparency and allows marijuana users to easily get their money’s worth.

Mon
15
Aug

Board Says Attorneys Can't Help Ohio Marijuana Businesses

An Ohio board that oversees attorney conduct said Thursday that attorneys aren't allowed to help someone establish a legal medical marijuana-related business in the state because using, growing and selling marijuana remains a federal crime.

The state Supreme Court's Board of Professional Conduct also said Ohio attorneys aren't legally permitted to use medical marijuana or to be personally involved in related businesses. Attorneys sought the opinion to determine whether a law barring employers from disciplining professionals from working with marijuana businesses applies to lawyers

Mon
15
Aug

Roy Exum: Marijuana Is On Fire

I have a bet, for just a Coca-Cola of course, that marijuana will be completely legal in the United States within 10 years. And the reason I am so keenly interested is because it is believed the climate and the soil of Tennessee are just perfect for raising a magnificent crop of ‘Ganja.’ Want me to go a step further: I want to grow it. Really, but I swear I don’t smoke it. Seriously it’s a great cash crop.

Growing (non-psychotic) hemp just became legal in Tennessee, which many believe is a step towards a different “weed.” Hemp is a cousin of “giggle weed,” don’t you see, and is used in so many things today it will boggle your mind.

Mon
15
Aug

A Podcast on Weed Entrepreneurship with a Side of Raw Vegan Edibles

This week on Tea Time with T. Kid, I chatted with Michael Zaystev, one of America's many newly-minted cannabis entrepreneurs. But he's not growing, selling, or extracting weed. Rather, Mike's weed business is the business of weed, and he helps push the legal cannabis industry along by organizing cannabis-minded folks in New York City through an organization he founded called High NY.

Mon
15
Aug

$800000 in Nevada Ads Planned for Legalized Recreational Marijuana Measure

Don’t be surprised to see a slew of television ads touting a measure to legalize recreational marijuana use during the weeks leading up to the general election in November.

A local political action committee, the Coalition to Regulate Marijuana Like Alcohol, reserved more than $800,000 worth of advertising time slots across the major news stations in Las Vegas, according to recent Federal Communications Commission filings.

The ads are scheduled to start in early October and run until Election Day on Nov. 8 when Nevadans will vote on Question 2, which will decide whether to legalize the recreational use of marijuana for adults in the state.

The content of the ads hasn’t been finalized, according to coalition spokesman Joe Brezny.

Pages

Subscribe to RSS - Marijuana Business News