Marijuana Business News

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Mon
22
Sep

Cannabis Cash: How Much Money Could Your State Make From Marijuana Legalization?

On Nov. 4, citizens in Alaska, Florida, Oregon and Washington, D.C., will cast their ballots on marijuana initiatives, and other states are also likely to consider legalization in upcoming elections. Colorado, the first state to allow the sale of recreational marijuana, is expected to take in $60 million to $70 million this year in taxes from legal pot sales, according to the Denver Business Journal. Cash-strapped states stand to collect millions if they legalize the drug.

Sat
20
Sep

Firefly’ers

“Never be afraid to scrap what you got and start over, because you’re never scrapping your knowledge” – Mark Williams | The Firefly

Tue
16
Sep

Cannabis-Rx, with property in Manatee, named as part of securities fraud in federal indictment

MANATEE -- An Arizona company called Cannabis-Rx that bought property in Manatee County this year with hopes for a licensed marijuana facility is at the center of a stock scheme and federal indictment.

The FBI announced Tuesday six people were indicted by a federal grand jury in a $500 million offshore asset protection, securities fraud and money laundering scheme. Cannabis-Rx was created as a shell company, according to the FBI.

Thu
28
Aug

5 Things That Marijuana Stock GW Pharmaceuticals plc's Management Wants You To Know

Few areas have been as intriguing to investors this year as medical marijuana. The approval of legislation allowing its use in states such as Colorado has kicked off a flurry of commentary regarding the good and bad of marijuana use. That increased interest has flowed over to drugmakers that are developing medicine based on the cannibinoids found inside marijuana, including GW Pharmaceuticals .

Tue
26
Aug

Marijuana up in flames - IS fighters shown burning cannabis field

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Sat
23
Aug

UP IN SMOKE: EGYPT HASH PRICES SOAR BY 50%

Fuel hikes have contributed to rising prices in Egypt, and the underbelly of the country is no exception - inside sources tell us that hash prices have seen significant hikes in recent days...

Egyptians are sending even more of their hard-earned cash up in smoke as the recent tax hikes upped the cost of pretty much everything - including hashish.

Naughty CairoScene sources claim that the cost of an average brown finger has now topped 150LE - an increase of up to 50%.

Some consumers also report that the quantity of hash available has decreased due to an unforeseen shortage.

The news is set to give many Cairene pot-heads a serious comedown and leave many feeling more than a little fuzzy-headed this weekend.

Mon
18
Aug

How to turn cannabis into a legal drug

Photo: GW Pharmaceuticals

Dazed and confused about how a British drug maker can legally sell a drug made from cannabis in several countries around the world?

Come this way for enlightenment.

Fri
15
Aug

Medicinal cannabis and the caregiving community giving it away for free

In the heart of Cumbria stands a two-bedroomed cottage wrapped in ivy that for half a century has been home to a lady named June. She makes a pot of tea in a cluttered kitchen brimming with fresh herbs in labelled jars, assorted saucepans and drying socks, then potters across the slate floor, and into a garden. Here lies what June calls "her private retreat". An overgrown rose bush dotted with apricot-coloured blossoms creeps over a rusting bench and from one of the many ceramic plant pots comes the scent of rosemary. At the back of the garden stands a decaying shed, lost beneath a white climbing hydrangea, and nestled behind this sits a small grow tent, which June tells me contains a single cannabis plant. She pulls down the zip to reveal the hidden green leaves.

Thu
14
Aug

Marijuana Will Be Fast Tracked For 50-State Legalization In 2015

You've undoubtedly heard about what's going on with marijuana in the U.S.

Pot, which was once considered a taboo, is quickly gaining mainstream acceptance. Today, even the President of the United States has openly admitted to having smoked marijuana in his youth. When the news broke, no one even seemed to blink.

We're already seeing how Americans' changing attitude towards the drug has affected our legal system. For example, voters in both Washington state and Colorado have legalized marijuana for recreational use, while some 20 other states have given it the nod for medicinal purposes.

Wed
13
Aug

As Iran’s Marijuana Trade Thrives, Is It Becoming a Nation of Stoners?

The Islamic Republic has so many problems with heroin and meth, it may be ignoring the rise of weed – a fact that’s making many young Iranians very happy.

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