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You are here: Home / Archives for marijuana business

marijuana business

10 Michigan communities will vote whether to ban or allow marijuana business

November 5, 2019 by AggregatedNews Leave a Comment

Municipalities across Michigan on Tuesday, Nov. 5, are expected to vote on whether to ban, allow or limit recreational marijuana business within their borders. Michigan voters in November 2018, by a 56%-44% margin, voted in favor of legalizing recreational marijuana possession, personal use and businesses, such as retail stores, growers, testing facilities, transportation and processing […]

Filed Under: Michigan Tagged With: Election Day, marijuana business, michigan marijuana, recreational marijuana, retail marijuana

Selection process for Missouri marijuana licenses needs racial equity boost, advocates say

July 26, 2019 by AggregatedNews Leave a Comment

As she applies for a state license to make marijuana-infused products for medicinal use, Keyonna Gray is thinking of people in her north St. Louis County neighborhood who were incarcerated for nonviolent marijuana offenses or battled addiction to opioids or other drugs. “I look at it as a way of creating jobs,” said Gray, a […]

Filed Under: Missouri Tagged With: marijuana business, marijuana dispensary, medical marijuana, missouri marijuana

38 Attorneys General Ask Congress To Bring Marijuana Money Into Banking System

May 9, 2019 by AggregatedNews Leave a Comment

The attorneys general of 38 states and territories sent a letter to congressional leaders on Wednesday, urging them: Please, let us bank the money generated by the country’s booming cannabis business. Most states and several U.S. territories have legalized medical marijuana, and 10 states and the District of Columbia have legalized adult recreational use. But federal law […]

Filed Under: Banking, Finance & Real Estate Tagged With: Legal Marijuana, Marijuana Banking, marijuana business, marijuana finances, medical marijuana, recreational marijuana, Xavier Becerra

Ex-Detroit Lion Calvin Johnson gets pre-approval for medical marijuana business

February 22, 2019 by AggregatedNews Leave a Comment

The second time was the charm for former Detroit Lions receiver Calvin Johnson to get preliminary approval for a license to open a Michigan medical marijuana dispensary. Johnson, along with his wife, Brittney, were approved for pre-qualification status on a 4-0 vote Thursday. The location for the dispensary hasn’t been determined yet. Johnson and business partner Robert Sims […]

Filed Under: Industry People Tagged With: calvin johnson marijuana, marijuana business, marijuana dispensary, medical marijuana, michigan marijuana

Growing Marijuana Industry Struggles To Attract Employees Of Color

February 21, 2019 by AggregatedNews Leave a Comment

Massachusetts marijuana Grow Facility

As marijuana becomes legal around the country, blacks and Latinos are often left out of new business opportunities. Advocates say people of color are often reluctant to join the growing legal marijuana economy because they were targeted far more often than whites during the war on drugs. Studies show members of such communities were arrested […]

Filed Under: Industry News Tagged With: Legal Marijuana, marijuana business, marijuana industry, marijuana legalization, medical marijuana, recreational marijuana

7 Marijuana Companies That Could Win the American Market

February 19, 2019 by AggregatedNews Leave a Comment

Marijuana Diversity

As more and more states legalize marijuana, American companies are racing to establish multi-state cannabis empires. It is still illegal under federal law, so exchanges like the New York Stock Exchange and Nasdaq aren’t an option for these outfits. Seven of the multi-state chains have raised war chests and listed their stocks on the Canadian […]

Filed Under: On the Move Tagged With: Acreage Holdings, Curaleaf Holdings, Green Thumb Industries, Harvest Health & Recreation, iAnthus Capital Holdings., Legal Marijuana, marijuana business, MedMen, Trulieve Cannabis

Missouri Businesses Look to Profit From Medical Marijuana

February 1, 2019 by AggregatedNews Leave a Comment

Bennie Palmentere has been looking for warehouse space lately. The shelves at River Market Hydro, Palmentere’s small gardening store, are already stacked high with fans, grow lights and row after carefully placed row of plant food. The urban hipster movement toward growing more food at home has already been good for business. Now Missouri is about to […]

Filed Under: Missouri Tagged With: Legal Marijuana, marijuana business, medical marijuana, missouri marijuana

Canopy Growth CEO says ‘For sure there’s a marijuana bubble’

November 15, 2018 by AggregatedNews Leave a Comment

Canopy Growth Corporation saw its shares fall 13% on Wednesday after reporting disappointing earnings that included a revenue decline. Analysts had expected better results from Canopy after Canada launched legal recreational marijuana sales on Oct. 17. But Canopy’s (CGC) shares are still up 30% this year. And its cannabis industry peer Tilray is up 360% this year. […]

Filed Under: Banking, Finance & Real Estate, Industry People Tagged With: Bruce Linton, canada marijuana, Canopy Growth, marijuana business, recreational marijuana

New Jersey receives 146 applications for 6 shops as state expands medicinal weed

September 5, 2018 by AggregatedNews Leave a Comment

In another sign of the robust interest in New Jersey’s growing medical marijuana program, the state has received 146 applications to run six new retail shops that would sell the drug to the more than 30,000 people authorized to take it for conditions ranging from anxiety to chronic pain. Would-be operators of the six new […]

Filed Under: New Jersey Tagged With: marijuana applications, marijuana business, marijuana dispensary, marijuana legalization, marijuana shops, medical marijuana, New Jersey Marijuana, retail marijuana

Dozens of companies compete for a piece of Va.’s limited medical marijuana market

August 21, 2018 by AggregatedNews Leave a Comment

Four decades after Virginia legalized medical marijuana in a pioneering but ultimately unworkable way, dozens of companies are vying for the state’s permission to grow cannabis and make a medicinal oil out of the otherwise outlawed weed. Under emergency legislation passed early this year, Virginia will grant up to five permits to produce cannabidiol (CBD) […]

Filed Under: Virginia Tagged With: Cannabidiol, CBD, Legal Marijuana, marijuana business, medical marijuana, THC, virginia marijuana

More Banks Working With Marijuana Businesses, Despite Federal Moves

June 14, 2018 by AggregatedNews Leave a Comment

The number of banks that are willing to work with marijuana businesses is steadily climbing, even after the Department of Justice revoked protections for state cannabis laws, new federal data shows. By the end of March, 411 banks and credit unions in the U.S. were “actively” operating accounts for marijuana businesses, according to a report […]

Filed Under: Banking, Finance & Real Estate Tagged With: federal marijuana laws, Financial Crimes Enforcement Network, jeff sessions, Legal Marijuana, Marijuana Banking, marijuana business, marijuana finance, Treasury Department

Former Speaker John Boehner Joins Acreage Holdings Advisory Board

April 11, 2018 by AggregatedNews Leave a Comment

The U.S. marijuana industry has a new spokesman: John Boehner. The Republican former Speaker of the House has joined the advisory board of Acreage Holdings, a company that cultivates, processes and dispenses cannabis in 11 U.S. states. Boehner’s endorsement, after saying nine years ago he was “unalterably opposed” to legalization, could be considered a watershed […]

Filed Under: Industry People Tagged With: Acreage Holdings, john boehner marijuana, Legal Marijuana, marijuana business, William Weld

States Are Considering ‘Sanctuary’ Status For Cannabis Businesses

March 5, 2018 by AggregatedNews Leave a Comment

recreational Marijuana Legalization Nebraska OklahomaGovernment Workers Marijuana Life Insurance to Marijuana Rescheduling Marijuana alzheimer's marijuana colorado home grown marijuana

Taking a cue from the fight over immigration, some states that have legalized marijuana are considering providing so-called sanctuary status for licensed pot businesses, hoping to protect the fledgling industry from a shift in federal enforcement policy. Just hours after U.S. Attorney General Jeff Sessions announced on Jan. 4 that federal prosecutors would be free to crack down on […]

Filed Under: Alaska, California, Massachusetts, Policy & Legal Tagged With: alaska marijuana, California Marijuana, jeff sessions, Legal Marijuana, marijuana business, massachusetts marijuana, sanctuary business

This Marijuana Stock Is Booming Past The Rest

November 29, 2017 by AggregatedNews Leave a Comment

Marijuana Diversity

In case you haven’t noticed, marijuana stocks are growing like a weed. A majority of those with a market cap of at least $200 million have had their share price double or triple over the trailing year as optimism surrounding legal weed grows. Rapidly rising sales figures have certainly played a role in boosting investor […]

Filed Under: Banking, Finance & Real Estate Tagged With: Legal Marijuana, marijuana business, marijuana industry, marijuana investing, marijuana stocks

Michigan Expects High Number of Medical Marijuana Applications

October 16, 2017 by AggregatedNews Leave a Comment

Officials are expecting a rush Dec. 15 when Michigan begins offering applications to people who want to start a medical marijuana business and be part of what is expected to be a $700-million-a-year industry in the state. “We may have 50. We may have 1,500. We may have 5,000,” Shelly Edgerton, director of the Michigan Department […]

Filed Under: Michigan Tagged With: Legal Marijuana, marijuana applications, marijuana business, medical marijuana, Michigan Department of Licensing and Regulatory Affairs, michigan marijuana

LSU AgCenter Finalizes Contract to Begin Medical Marijuana Operations

September 18, 2017 by AggregatedNews Leave a Comment

The LSU AgCenter has finalized its agreement with GB Sciences Louisiana LLC to operate the center’s medical marijuana business. GB Sciences Louisiana is a subsidiary of GB Sciences, a Las Vegas cannabis company focused on biopharmaceutical development. The parent company has filed patent applications for using cannabis for chronic pain and heart therapies as well […]

Filed Under: Louisiana Tagged With: gb sciences, louisiana state university, lsu agcenter, marijuana business, marijuana university, medical marijuana

Ahead of Conference, Medical Marijuana Businesses Look To UK for Next ‘Green Rush’

August 15, 2017 by AggregatedNews Leave a Comment

In October the UK will host what is believed to be its first medical cannabis conference, an international jamboree of weed-based therapies in London. It may seem like an eccentric choice, given cannabis is illegal in Britain. But Saul Kaye, the Israeli entrepreneur behind the event, is confident the country is on the cusp of […]

Filed Under: International Tagged With: Legal Marijuana, marijuana business, medical marijuana, uk marijuana

California’s Marijuana Market Could Be Worth $5 Billion, Study Predicts

June 12, 2017 by AggregatedNews Leave a Comment

SACRAMENTO, Calif. — California is on the verge of creating a legal market for marijuana worth more than $5 billion that will help make the state a destination for pot-loving tourists, according to a new state-sponsored economic study. But about 29 percent of all cannabis consumers may stay in the illegal market at first to […]

Filed Under: California Tagged With: California Marijuana, Legal Marijuana, marijuana business, recreational marijuana

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