Marijuana Business News

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Fri
15
May

Solving the Cash-Only Issue at the Root

Ed Perlmutter, a Democratic congressman who represents a district just to the north and west of Denver, has introduced HR 2076, addressing the federal barriers to banking for state-legal marijuana businesses. Though the text of the bill describes its purpose as the creation of “protections for depository institutions that provide financial services to marijuana-related businesses,” but there is some reason to believe that its approach is far to0 narrow to be effective.

The House referred the bill to the Committee on Financial Services, where Perlmutter serves, and to the Committee on the Judiciary.

Thu
14
May

Some neighbours unhappy with Maple Ridge greenhouse grow op

A new kind of greenhouse — designed for marijuana production and soon to be completed in Maple Ridge — is set to make the green business even greener, say the facility’s owners.

The entrepreneurs behind Tantalus Labs describe their 115,000-square-foot purpose-built cannabis greenhouse as the first of its kind in North America, with a horticultural approach they say will produce a better, more sustainable sun-grown product with a substantially-reduced energy footprint.

As marijuana moves toward the mainstream, Tantalus’ owners say now is the time for the crop to “rise out of the shadows and into the light.”

Thu
14
May

Canada Pot Lounges Expand Into Smaller Markets

Canada’s bring your own marijuana vapor lounge scene is experiencing impressive growth. Originally a metropolitan city phenom, bring your pot lounges have opened in smaller Canadian communities with great success.

Until recently lounges were a Toronto thing because our politicians and police presumably had better things to do. When conservative city councilor Mark Grimes did request a report on bring your weed lounges, a City of Toronto staff investigation determined lounges were actually Medical Marihuana Inhalation Facilities that had few police problems.

Not exactly what Grimes was seeking.

Thu
14
May

Major Colorado pot shop chain lays off 45% of its employees

One of Colorado’s largest chains of marijuana stores on Wednesday laid off 65 employees — or about 45 percent of the company’s total workforce, according to owner Shawn Phillips.

The pot layoffs are believed to be the largest in Colorado’s 16-month recreational era.

Phillips owns nine cannabis stores in Colorado, all of which are part of the Strainwise-branded network, and he called the cuts “drastic” but “temporary” in a letter he wrote to employees obtained by The Cannabist.

Thu
14
May

Entrepreneur Announces Cannabis Board Game for Adults

As marijuana legalization goes mainstream, entrepreneurs have rushed to develop businesses in the recreational and medical consumer markets, as well as several other auxiliary niches. One such entrepreneur is Mike Siffin, founder of Hash Brothers Entertainment LLC, who recently unveiled his plan to create a crowd-funded board game for adult cannabis consumers. Siffin was interviewed by the cannabis business news website Ganjapreneur.com as part of an ongoing series of interviews that the site conducts with cannabis start-ups, business experts, and investors.

Thu
14
May

$CANN General Cannabis Hires Next Big Crop Consulting Team

DENVER, May 14, 2015 (GLOBE NEWSWIRE) -- Advanced Cannabis Solutions, d/b/a General Cannabis Corporation (OTC:CANN), a service provider to businesses in the regulated cannabis industry, today announced that it has hired the team of Next Big Crop Consulting, a Boulder, Colorado based cannabis consulting firm, who will now be working for CANN as apart of General Cannabis Consulting, CANN's wholly owned subsidiary.

Effective today, Rich Cardinal and Dave Millar will join General Cannabis as vice presidents. Trevor McGarvey will be engaged as a consultant to General Cannabis.

Thu
14
May

Right to Farm vs. State Regulation

A Missouri woman recently claimed Missouri’s “Right to Farm” constitutional provision as a defense in a felony prosecution for growing nine marijuana plants in her basement. All states have right to farm laws, generally intended to protect farmers from civil suits brought by encroaching suburban neighbors based on things like the smell of pig manure.

Thu
14
May

SideCar Launches Marijuana Delivery Service For San Francisco Residents

Ride-sharing company SideCar is planning on getting ahead of the competition by teaming up with local cannabis distributor Meadow to provide same-day medical marijuana deliveries to residents of San Francisco.

According to reports, the offer of special delivery will be much like SideCar's other transport services, wherein customers receive their package within an hour after making the order. Delivery requests will be made through the dispensary of San Francisco's Apothecarium.

"SideCar is able to power the on-demand economy, and medical marijuana is an example of all kinds of products we can deliver," Sunil Paul, SideCar co-founder and CEO, said. "The motivation is also that it's high profile."

Thu
14
May

Pot Is A Hallucinogen That Lets Satan Devour You, Says Colorado GOP Rep.

Gordon Klingenschmitt, the supreme moron of the Colorado state legislature, is back on his radio show, now that Colorado’s latest legislative session has ended. His controversial statements have, in the past, angered even some of his fellow Republicans, but he’s one of those religious right-wingers that doesn’t seem to care. He’s upset about Colorado legalizing pot, because the hallucinations it causes are actually invitations for demons to possess users.

Thu
14
May

Marijuana Growers Eyeing Conservation to Reduce Costs, Boost Image & Allay Energy Concerns

Cannabis cultivators are increasingly exploring sustainability and energy conservation as a way to cut costs and minimize their impact on the environment.

And they might be forced to take such steps in the future: Severe water and energy shortages in some areas of the country are leading to pushback from local officials, which could usher in new restrictions on marijuana cultivation operations and stifle the industry’s growth.

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