RSS Marijuana Investing News
  • Marijuana News Is Moving December 19, 2018
    News content on Marijuana.com is being reborn as Weedmaps News at news.weedmaps.com. While our URL has changed, you can still find breaking news, political coverage, science explainers, and deep dives into the culture of cannabis. The Marijuana.com archives remain available, with the exception of recent selections that have transferred to Weedmaps News. While Marijuana.com won’t […]
    Nicolas Juarez
  • Rights Groups, Unions Call for Ending Marijuana Prohibition December 14, 2018
    A coalition of major civil rights organizations, labor unions and other groups is calling on Congress to completely remove marijuana from the Controlled Substances Act and divert revenue to communities that have been harmed by the enforcement of cannabis prohibition.   “Pass legislation de-scheduling marijuana with racial equity and justice reform components,” reads one recommendation […]
    Marijuana Moment
  • How Trump Government Shutdown Threat Could Affect Marijuana December 13, 2018
    President Donald Trump is threatening to shut down the government if Democrats refuse billions of dollars in funding for a border wall — but the consequences of that action would extend far beyond border security. WASHINGTON (AP) — Trump threatens gov't shutdown in heated meeting with Dem leaders over border wall, squabbling over election results. […]
    Marijuana Moment
  • Elon Musk Confesses: ‘I Have No Idea How To Smoke Pot’ December 12, 2018
    Elon Musk got himself into a bit of trouble after smoking marijuana during an appearance on Joe Rogan’s podcast in September 2018. The move reportedly led to NASA launching an investigation into his company SpaceX’s “workplace safety” and “adherence to a drug-free environment.” But now, in a new interview 60 Minutes, the Tesla founder indicated […]
    Marijuana Moment
  • Cannabis May Qualify for Study Grants as ‘Natural Product’ December 11, 2018
    Federally funded research into marijuana seems to be escalating, with one government agency recently posting a roundup of current “cannabinoid-related funding opportunities” for studies investigating the plant’s therapeutic potential. The National Center for Complementary and Integrative Health (NCCIH) on Dec. 8, 2018, shared a list of four research grant opportunities for studies on “natural products” […]
    Marijuana Moment
  • Surgeon General: Schedule I Hinders Researching Marijuana December 7, 2018
    U.S. Surgeon General Jerome Adams said the federal government should rethink how it classifies drugs like marijuana Dec. 6, 2018, voicing concern that the plant’s current status as a strictly controlled Schedule I substance inhibits research. Adams, who’s previously expressed interest in expanding research into the use of cannabinoids for therapeutic purposes, made the comment […]
    Marijuana Moment
  • Colorado County Considers Canceling Cannabis Convictions December 6, 2018
    BOULDER, Colo. (AP) — Prosecutors in a Colorado county are preparing to dismiss and seal thousands of marijuana possession convictions after state voters legalized the use and sale of cannabis in 2012. The Boulder Daily Camera reported that the Boulder County District Attorney’s Office as part of a “Moving on from Marijuana” program has identified […]
    Associated Press
  • GOP House Leader Calling for Legal Marijuana in Rhode Island December 5, 2018
    The Republican leader in Rhode Island’s House of Representatives thinks the state should fully legalize marijuana. But while that news would typically bode well for reform efforts in state legislatures, the problem is that the Democratic speaker isn’t quite on board — and the House is dominantly controlled by Democrats. In an interview with Rhode […]
    Marijuana Moment
  • ‘Compromise’ Medical Marijuana Bill is Made Into Law in Utah December 4, 2018
    Utah lawmakers approved a controversial medical marijuana bill in a special session Dec. 3, 2018. There’s your final vote on the medical marijuana “compromise.” #utpol pic.twitter.com/w9Ip3KQE8E — Robert Gehrke (@RobertGehrke) December 3, 2018 During the Nov. 6, 2018, election, Utah voters passed a separate medical cannabis initiative, Proposition 2, that would allow patients with certain […]
    Marijuana Moment
  • Study: Vaporizing Flower Produces A More Intense High Than Traditional Smoking Methods December 4, 2018
    Vaping marijuana flower gets you higher than smoking it, according to a new study published in an American Medical Association journal. To test the difference, researchers started by recruiting 17 people who’d consumed cannabis in the past year but had abstained for at least one month. Each individual participated in six sessions that lasted 8 1/2 […]
    Marijuana Moment

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mentor36 July 19, 2018

Half a year into California’s newly regulated marijuana market, it’s worth asking: How are licensed companies in the state doing financially? The short answer: Many are struggling. Chelsey Miles, a Sacramento-based accountant and consultant who works with licensed manufacturers, retailers and distributors, said most companies are “breaking even, but I don’t think they might be […]

mentor36 July 19, 2018

Efforts to sign leases for Ontario Cannabis Store outlets have been put on hold as the new government weighs how legal marijuana will be sold to consumers in the province, multiple industry sources have told Marijuana Business Daily. Executives privately expressed optimism, as the delay potentially signals a pivot to private distribution in Canada’s largest […]

mentor36 July 19, 2018

Canadian medical marijuana company Tilray began trading on the Nasdaq on Thursday, making it the first cannabis business to go public on a major U.S. exchange via an initial public offering (IPO). One of the larger cannabis companies in Canada, Tilray plans to list on the Nasdaq Global Select Market under the ticker symbol TLRY. […]

mentor36 July 18, 2018

Michigan is giving newly licensed medical marijuana businesses a 30-day reprieve in which to test products already in their facility, welcome news for companies that will need additional time to pass state testing standards. The 30-day window applies to existing businesses that have been operating temporarily with local approval while waiting for their state licenses under […]

mentor36 July 18, 2018

Ohio is deferring the launch of its medical marijuana patient registry because of delays in getting the MMJ market off the ground. The deferral indicates that state officials believe a fully operational medical marijuana market, initially set to launch Sept. 8, could take a number of more months. The delay is related to Ohio’s affirmative […]

mentor36 July 18, 2018

MaryMed has been given another chance at Maryland’s medical marijuana market after a judge ruled that the MMJ company likely didn’t violate the law. The Baltimore Business Journal reported the Dorchester-based company received preapproval from state regulators in 2016 to open cultivation, retail and processing operations. But the licenses were rejected after the state began […]

mentor36 July 18, 2018

(This story has been updated to note a letter sent by the state attorney general’s office to regulators saying they improperly made changes to the voter-approved statute.)   The Oklahoma health agency attorney who helped draft the state’s medical marijuana rules is facing criminal charges days after resigning her post and expressing frustration with changes […]

mentor36 July 17, 2018

The Canadian cannabis community has just gotten a new member. Tree of Knowledge, Inc. just became Canada’s newest public cannabis company. The company is also planning on raising $10 million in private placement capital. According to the company’s most current pitch deck, the planned use of proceeds includes $6.5 million for new capex expenditures in […]

mentor36 July 17, 2018

Water is essential for life and it is an important part of agriculture and food manufacturing. Water has many uses in the cannabis industry. Among the most common uses are irrigation, ingredient/product processing and cleaning processes. Water can be the carrier of pathogenic microorganisms and chemicals that can be transferred to food through agriculture and […]

mentor36 July 13, 2018

According to Kermit the Frog, it’s never easy being green. It is also tough to be “first” in the cannabis biz. Anywhere. One of the most remarkable features of the first years of state-level legalization in the U.S. was the sheer number of mistakes by the authorities in issuing licenses and bids for state-sanctioned cultivation […]

mentor36 July 11, 2018

The projected growth of the legal cannabis market is astounding. According to a report from BDS Analytics, the industry is expected to grow from $9.2B to $47.3B in 2027 in North America, with medical cannabis contributing 33% of that overall growth. While this number is impressive for an industry still in its infancy, I have […]

mentor36 July 11, 2018

Now that governments are legalizing cannabis around the world, the question looms for cannabis businesses seeking legitimacy in the new industry: what safety standards should apply? This question is more difficult as different jurisdictions grapple with defining and implementing legal requirements and struggle to keep up with the pace of growth. For visionary cannabis business, […]

mentor36 July 10, 2018

Ontario, Canada-based Canopy Growth has inked a deal to acquire Hiku Brands, a retail-focused craft cannabis producer. Under terms of the deal, Hiku shareholders will receive 0.046 of a Canopy Growth share in exchange for each common share of Hiku. That’s equal to 1.91 Canadian dollars ($1.46) per Hiku share. The agreement requires approval of […]

mentor36 July 10, 2018

The wide-open medical marijuana measure approved by Oklahoma voters just got more restrictive after state health regulators took steps to prohibit smokable cannabis and require dispensaries to employ a pharmacist. That’s not good news for entrepreneurs looking forward to the potential of an unrestricted market. Immediately after Oklahoma’s landmark June 26 vote, Marijuana Business Daily projected the state’s […]

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