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 May 22, 2019

Danish Health Minister Ellen Trane Nørby addresses a packed house at the European Cannabis Symposium in Copenhagen last week. Inconsistent regulations for medical marijuana across Europe create an uneven playing field that makes doing business and accessing medicine cumbersome, according to Danish Health Minister Ellen Trane Nørby. In an interview with Marijuana Business Daily on the […]

mentor36 May 22, 2019

On May 15, BioTrackTHC was announced the conditional winner for Maine’s seed-to-sale tracking system government contract. The award is still pending final approval from the State Procurement Review Committee and the successful negotiation of the contract. BioTrackTHC, a Helix TCS subsidiary, announced in a press release their conditional award earlier this month. The contract means […]

mentor36 May 22, 2019

Cannabis pays. From trimmers, stock clerks and budtenders to master growers, chief extractors and C-suite executives, all are more likely to make at least as much or more money than comparable positions in mainstream industries such as consumer goods, alcohol and agriculture. That’s what Marijuana Business Magazine number crunchers—led by research and data analyst Maggie […]

mentor36 May 22, 2019

Marijuana Business Magazine’s Salary Snapshot continues today, with stories about: Trends in the current labor market. Offering stock options as a hiring bonus. Compensation disparities by region. Visit the Salary Snapshot landing page to read these and other stories in the three-day package.

mentor36 May 22, 2019

AlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyomingDistrict of ColumbiaAKAZCACOILMDMAMINCOHORPARIWA Budtenders in California, Colorado, Illinois, Maryland and Massachusetts earn more than their counterparts in Arizona, Michigan and Oregon. A budtender in Massachusetts can earn $12-$14 per hour, while a budtender in Arizona may earn $10-$12 per hour. The Sperling’s Best Places website […]

mentor36 May 22, 2019

Karson Humiston To win over job candidates, cannabis companies are increasingly offering incentives in addition to compensation, the most common of which are stock options. In many other industries, especially new ones—think internet firms of the late 1990s—companies have offered stock options to employees. New companies, which might not be able to wrest a candidate […]

mentor36 May 22, 2019

Minnesota’s state Court of Appeals has upheld criminal charges filed against two cannabis company officers accused of smuggling medical marijuana from Minnesota to New York. Write Lohud…… The appellate decision Monday rejected the ex-Vireo Health officers’ bid to have the charges tossed, clearing the way for a potential trial. The two former officers of Vireo, which has […]

mentor36 May 21, 2019

U.S. state bankers associations jointly sent a letter to leaders of a key Senate panel saying they support cannabis banking reform and urging the committee to hold a hearing on the merits of such legislation. “We believe federal action is necessary and support a solution that would allow banks to serve cannabis-related businesses in states […]

mentor36 May 21, 2019

Gill Parm and Ben Lobb Two conservative politicians in Ontario, Canada, one representing a federal riding (electoral district) and the other provincial, have joined a British Columbia company engaged in the ancillary cannabis market. The cannabis industry has attracted many politicians in recent years – including former Progressive Conservative Prime Minister Brian Mulroney – to […]

mentor36 May 21, 2019

Missouri regulators shot down a protest by Florida-based BioTrackTHC over the Show-Me State’s medical marijuana seed-to-sale contract. BioTrackTHC said the state shouldn’t have awarded the traceability contract to competitor Franwell, the Florida-based maker of Metrc, because it could contain hidden costs for cannabis license holders, the St. Louis Post-Dispatch reported. However, the state said the […]

mentor36 May 21, 2019

48North, a vertically integrated marijuana producer based in Ontario, Canada, reported revenue of 689,203 Canadian dollars ($516,902) for the fiscal third quarter ended March 31, 2019. Net loss for the period totaled CA$1.47 million. The company did not report comparable revenue and net income figures for the same period in 2018. Revenues for the nine […]

mentor36 May 21, 2019

A Minnesota appellate court refused to dismiss interstate cannabis smuggling charges against two former Vireo Health executives, allowing the case to proceed to trial. Marijuana businesses have closely watched the situation because of its implications for MJ firms with affiliates in more than one state, the Rockland/Westchester Journal News noted. In this case, two Vireo Health officials […]

mentor36 May 21, 2019

Within two days of announcing the opening of license applications for growing hemp, the Illinois Department of Agriculture received roughly 350 applications. According to the Lincoln Courier, that number has since grown to 575 applications in the past couple weeks. The Illinois Department of Agriculture has already issued 341 licenses for growing and 79 for […]

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