When it comes to running a legal cannabis business, there is perhaps no greater issue of concern than walking the tightrope of paying proper federal taxes for a substance that is federally illegal. Proper reporting and compliance are essential to making this new market viable and legitimate in the eyes […]
The Past, Present and Future of Vaping Marijuana
We explore the history of cannabis and vaping to better understand the current situation and how THC vapes could function in the future.
All You Need To Know About Marijuana Dispensaries
Cannabis comes from the hemp plant, and it could be Indica or Sativa. The herb has two main chemicals that determine how the use of the drug will affect you. First, THC, which is the primary psychoactive element and CBD, which is responsible for the healing and medicinal properties. Other […]
Will “Potphoria on Wall Street” Finally Free American Cannabis?
The CNBC financial network banner summed it up: “Potphoria on Wall Street.” Investable cannabis stocks, especially Canada’s Tilray (symbol TLRY) and Canopy Growth Corporation (symbol CGC) are seeing wild jumps in value in a frenzy compared to 2017’s Bitcoin tumult. Such action is big news on Wall Street and in […]
New York Marijuana Tax Revenue Potential
As states mull over the logistics of legalizing recreational marijuana, New York Marijuana tax revenue potential might be seen in the context of using Colorado as a case study of how to roll it out and reap the financial rewards. While Colorado started recreational sales in January 2014, it took […]
Secretary of Health Rejects Medical Marijuana
It is 2018 and the Secretary of Health and Human Services is saying, “There really is no such thing as medical marijuana.” Alex Azar, the new Secretary (previously held by Tom Price who resigned in disgrace for improper spending) formerly served as a pharmaceutical exec and a pharma lobbyist. He […]
Blockchain Social Network Seeks to Make Online Marijuana Censorship a Thing of the Past
Leading social networks like Facebook have drawn their fair share of criticism over the past couple of years, with allegations of interfering with presidential elections through to poisoning the minds of our youths. But the rampant power of large social media companies goes further than that. If there’s one thing […]
Trump Tramples Israeli Cannabis Exports
In a troubling move, US President Donald Trump has nixed Israel’s medical cannabis export hopes. Israel has long been a leader in medical cannabis research and now stands poised to serve a huge export market. Yet this market will remain unserved and global medical cannabis production discouraged, as Prime Minister […]
US Attorney Providing Price Support for Oregon Cannabis
The state of Oregon has been producing high-quality cannabis for decades. The climate, especially in the southwest corner of the state, is nearly perfect for the plant’s needs and the state’s progressive cultural climate supported people experimenting with marijuana cultivation. Now, with full adult use legalization, prices have dropped substantially. […]
Trump Doubles Down on Enforcing Federal Marijuana Law
The first shoe to drop was the announcement that, as predicted here, Attorney General Jeff Sessions has ripped up the Cole Memo protecting state legal marijuana operations. The second shoe dropped when asked about this radical change, White House Spokesperson Sarah Sanders asserted, “We have to enforce federal law.” The […]
Cannabis Congress: Tulsi Gabbard is a Great Friend of Legalization
Tulsi Gabbard legislates for Hawaii’s 2nd District in the House of Representatives. In Congress, she has proven to be an outspoken supporter of cannabis rights on all fronts and introduced a current proposal to completely deschedule marijuana. She will be speaking at the upcoming International Cannabis Business Conference in Kauai, […]
Can Jeff Sessions Wreak RICO Ruin on America’s Cannabis Industry?
Attorney General Jeff Sessions remains a sworn enemy of all things marijuana. Alarmingly, a half-century-old law may now give him the power to soon devastate medical marijuana and thriving American marijuana businesses. The 1970 Racketeer Influenced and Corrupt Organizations Act (RICO) was designed to attack organized crime, the mafia. Since […]
Oregon Marijuana Business Conference Prices Increase at Midnight
The marijuana business in Oregon is going through rapid changes, including a December 1st deadline where all growers must declare whether they are producing products for the medical or recreational markets. For growers wanting to be in compliance with ever-changing rules, Oregon Marijuana Business Conference (OMBC) is your best resource […]
Canadian Marijuana Market Likely to Be Bigger Than Previously Expected
New information last week from GMP Securities, an independent investment dealer based in Toronto, is leading analysts in Canada to suggest that the adult-use legalization market in the Great White North will be even greater than previously suggested. The new estimations also indicate that production will finally outpace consumption around […]
Oregon Cannabis Revenue Disburses $85 Million for Government Services
Schools, police, public health and safety officials and local government administrators in Oregon are all smiling big this week. Noelle Crombie of The Oregonian reported that the Oregon Department of Revenue will be disbursing a weighty sum for a number of important state programs this week – $85 million – […]
Does Social Media Love or Hate the Cannabis Community?
To say that cannabis entrepreneurs face unique changes in the marketplace could be an understatement. (It definitely is an understatement.) But the truth is, until we fix federal prohibition cannabis businesses are going to subject to arbitrary decisions from major companies in the “legal” marketplace. Btw, “legal” is not a […]