Ex-Detroit Lion Calvin Johnson gets pre-approval for medical marijuana business February 22, 2019 AggregatedNews Industry People 0 Comments 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… Read More→
Growing Marijuana Industry Struggles To Attract Employees Of Color February 21, 2019 AggregatedNews News & Insights 0 Comments 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… Read More→
7 Marijuana Companies That Could Win the American Market February 19, 2019 AggregatedNews On the Move 0 Comments 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… Read More→
Missouri Businesses Look to Profit From Medical Marijuana February 1, 2019 AggregatedNews Missouri 0 Comments 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… Read More→
Canopy Growth CEO says ‘For sure there’s a marijuana bubble’ November 15, 2018 AggregatedNews Banking, Finance & Real Estate, Industry People 0 Comments 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… Read More→
New Jersey receives 146 applications for 6 shops as state expands medicinal weed September 5, 2018 AggregatedNews New Jersey 0 Comments 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… Read More→
Dozens of companies compete for a piece of Va.’s limited medical marijuana market August 21, 2018 AggregatedNews Virginia 0 Comments 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… Read More→
More Banks Working With Marijuana Businesses, Despite Federal Moves June 14, 2018 AggregatedNews Banking, Finance & Real Estate 0 Comments 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… Read More→
Former Speaker John Boehner Joins Acreage Holdings Advisory Board April 11, 2018 AggregatedNews Industry People 0 Comments 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… Read More→
States Are Considering ‘Sanctuary’ Status For Cannabis Businesses March 5, 2018 AggregatedNews Alaska, California, Massachusetts, Policy & Legal 0 Comments 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… Read More→
This Marijuana Stock Is Booming Past The Rest November 29, 2017 AggregatedNews Banking, Finance & Real Estate 0 Comments 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… Read More→
Michigan Expects High Number of Medical Marijuana Applications October 16, 2017 AggregatedNews Michigan 0 Comments 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.… Read More→
LSU AgCenter Finalizes Contract to Begin Medical Marijuana Operations September 18, 2017 AggregatedNews Louisiana 0 Comments 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… Read More→
Ahead of Conference, Medical Marijuana Businesses Look To UK for Next ‘Green Rush’ August 15, 2017 AggregatedNews International 0 Comments 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,… Read More→
California’s Marijuana Market Could Be Worth $5 Billion, Study Predicts June 12, 2017 AggregatedNews California 0 Comments 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… Read More→