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Saturday, October 15th, 2016

 

Marijuana businesses push back on Oregon’s testing rules, ask for delay

Marijuana businesses push back on Oregon’s testing rules, ask for delay Noelle Crombie | October 11, 2016 Some makers of marijuana concentrates, extracts and edibles are sounding dire alarms about how the state’s new testing rules are holding back their products from the market and jeopardizing their businesses. They complain that the state lacks approved labs to carry out all of the required tests, causing long delays, forcing them to mull layoffs and generally leaving them out of the state’s new recreational marijuana program that opened this month. The state hasRead More


Record marijuana sales reported in Colorado – again

Record marijuana sales reported in Colorado – again Chris Loveless | Oct 13, 2016 Colorado marijuana sales broke another record in August, according to The Denver Post. The newspaper reports that $126 million in medical and recreational marijuana were sold in our in state in August, beating the previous record of $122.67 million that was set in July. Record marijuana sales reported in Colorado – again


WSDA proposes organic marijuana certification

WSDA proposes organic marijuana certification Don Jenkins | October 12, 2016 The Washington Department of Agriculture has proposed hiring a “cannabis coordinator” to direct the agency’s expanding role in regulating and promoting the state’s billion-dollar marijuana industry. The coordinator’s duties could include overseeing a new program to certify organically grown marijuana, for the health conscious pot buyer. “There seems to be consumer interest in that,” WSDA spokesman Hector Castro said. “We have done this for other commodities, obviously.” WSDA proposes organic marijuana certification


New rating system scores Washington pot stores

New rating system scores Washington pot stores Molly Trotter Since marijuana is now legal in Washington State, the question remains, will the marijuana products you buy be monitored for quality? Some entrepreneurs decided to take matters into their own hands, and created their own rating system. The new rating system is actually more like a consumer report. “I used to joke that this field would be cannabis one day and it was just a joke and here we are,” said co-founder of Washington’s Finest Cannabis, Kevin Oliver. Washington’s Finest CannabisRead More


Study: Cannabis Inhalation Improves Parkinson’s Symptoms

Study: Cannabis Inhalation Improves Parkinson’s Symptoms Paul Armentano | October 11, 2016 Inhaling cannabis improves symptoms of Parkinson’s disease, according to clinical data published online ahead of print in the European Journal of Pain. Investigators at Tel Aviv University and the Rabin Medical Center in Israel assessed the impact of cannabis exposure on motor symptoms and pain parameters in patients with Parkinson’s disease.   Study: Cannabis Inhalation Improves Parkinson’s Symptoms


Adequate and Well-Controlled Studies Proving Medical Efficacy of Cannabis Exist but Are Ignored by Marijuana Schedulers

Adequate and Well-Controlled Studies Proving Medical Efficacy of Cannabis Exist but Are Ignored by Marijuana Schedulers 04/15/2013 | Sunil Kumar Aggarwal and Amanda Reiman After a 40-year battle over the placement of marijuana in Schedule I, the U.S. Court of Appeals, DC Circuit, ruled in January on the most recent petition to reschedule marijuana in the case of AMERICANS FOR SAFE ACCESS (ASA) v. DRUG ENFORCEMENT ADMINISTRATION (DEA). The court ruled that the DEA had not acted arbitrarily and capriciously when it denied ASA’s petition filed 9 years earlier to remove marijuanaRead More


7 Tips For Going ‘National’ With Your Marijuana Business

7 Tips For Going ‘National’ With Your Marijuana Business HILARY BRICKEN | Oct 10, 2016 With nine states poised to legalize cannabis next month, an increasing number of my firm’s clients are seeking help on taking their cannabis business national. They want to know what it will take to cross states with their cannabis cultivation centers, their cannabis retail storefronts, or even just with their brand names. If you, too, are looking to present your cannabis business on a national stage, you need to consider the following seven things: 7 Tips For Going ‘National’ WithRead More


20 Small Business Ideas in the Growing Cannabis Industry

20 Small Business Ideas in the Growing Cannabis Industry Oct 9, 2016 | Annie Pilon The cannabis industry is growing fast. And that means there are plenty of potential business opportunities available for entrepreneurs who are interested in this expanding niche. Serge Chistov, Chief Financial Advisor for the Honest Marijuana Company and president and founder of Serge Import LLC spoke to Small Business Trends in a phone interview about all the possibilities. Chistov explained, “It’s a lot like any other business. If you’re going to a liquor store you’re going to haveRead More


Did Colorado Just Resolve a Major Concern of Marijuana Opponents?

Did Colorado Just Resolve a Major Concern of Marijuana Opponents? Sean Williams | Oct 9, 2016 For investors, there aren’t many industries that can pack as much growth potential as marijuana. According to cannabis research firm ArcView, legal marijuana sales hit $5.4 billion in 2015, and they’re on track to grow by an estimated 30% per year through 2020, thanks to organic growth in states that have already legalized it, as well as the expected legalization of marijuana in a number of new states. For added context, residents in nine states willRead More


6 lessons from legal pot in Washington and Colorado

6 lessons from legal pot in Washington and Colorado Peter Fimrite and Joe Garofoli | September 30, 2016 Since they became the first states to legalize recreational marijuana in 2012, Washington and Colorado have been scrutinized as test cases around the country — particularly in California, where voters will decide on election day whether to follow suit. Here are six questions that are being asked about legal weed, and the answers that are emerging: How much cash are states hauling in? Washington brought in $186 million in marijuana tax revenue in theRead More