World Health Organization: CBD Should Not Be Subject To International Drug Controls

hemp CBD oil

SWITZERLAND: Use of the naturally occurring cannabinoid CBD (cannabidiol) possesses no likely abuse potential and should not be subject to international drug scheduling restrictions, according to recommendations issued this week by the World Health Organization’s (WHO) Expert Committee on Drug Dependence. Stated WHO: “Recent evidence from animal and human studies shows that its use could have some therapeutic value for seizures due Read the full article…

Cannabis CRM Platform Baker Secures $8 Million In Series A Funding

This year alone, the company grew its staff from 18 to more than 50 full time employees, making Baker one of the largest tech companies in the industry.

COLORADO:  Baker, a leading software platform for marijuana dispensaries and brands, announced that it has secured $8 million in Series A funding, bringing its total amount of capital raised to $11.75 million. The round was led by Poseidon Asset Management, a VC firm that specializes in cannabis.  The raise will fuel the company’s rapid growth. Baker recently acquired Seattle-based Grassworks, the industry’s second Read the full article…

Diego Pellicer Announces New Premium Marijuana Branding And Retail Prototypes

"We're staying ahead of the curve by developing industry changing scalable and inviting retail environments "

WASHINGTON:  Diego Pellicer Worldwide, Inc. has announced a partnership with architect Michael Rotondi, FAIA, and creative Jill Savini to develop retail prototypes and innovative branding for future store locations. “We’re staying ahead of the curve by developing industry changing scalable and inviting retail environments that will be built to enhance the customer experience, along with a brand that reflects the premium cannabis products Read the full article…

Pot Stocks Gearing Up For Strong 2018 As Cannabis CBD Frenzy Intensifies

Introducing the CCC

FLORIDA:  The hemp, cannabis and marijuana industry is booming while more and more retail investors are really taking notice. According to Cowen & Co., legal marijuana sales in the U.S. have the opportunity to reach $50 billion annually by 2026, with cannabis research firm ArcView projecting compound annual growth of 26% in North America through 2021. The cannabidiol (CBD) market Read the full article…

iCan Israel-Cannabis To Bring FDA Approved Nebulizers To Medical Cannabis Market

The Nebican Portable Nebulizer for Medical Cannabis delivery

ISRAEL: iCAN Israel-Cannabis and Aura Medical have joined forces to bring FDA approved nebulizers to the burgeoning medical cannabis market. The Aura’s Portable Nebulizer is widely acclaimed and recommended by the nation’s top Pulmonologists and Respiratory Therapists for use in treating asthma and COPD and now will be used by millions more worldwide. The device will Read the full article…

Data Reveals Optimism Regarding Legal Cannabis Sales

Marijuana is big business

NEW YORK: According to a report by New Frontier Data, medical cannabis sales in 2017 are forecast to grow to $5.3 billion, which represents 67% of total cannabis sales. The report estimates that by 2025, medical sales in current legal states are forecast to grow to $13.2 billion, which will account for 55% of total cannabis sales. Read the full article…

Cannabis Market Strategies New England Comes To Boston February 28th – March 1

Peer-to-Peer Dispensary and Cultivator Strategies to Master the Business Challenges of the Region’s Industry

Will focus on strategies for the emerging New England industry with industry leaders MASSACHUSETTS:  CBI  will host a two-day summit of industry leaders and players, “Cannabis Market Strategies New England,” February 28-March 1, at the DoubleTree Suites Boston-Cambridge. The event is structured as an intimate meeting of executives and owners of dispensaries in the rapidly growing New England Read the full article…

Michigan: Legalization Coalition Turns In 360,000 Signatures To Place Issue On 2018 Ballot

The initiative permits those over the age of 21 to possess and grow personal use quantities of cannabis and related concentrates, while also licensing activities related to the commercial marijuana production and retail marijuana sales.

MICHIGAN: Proponents of a voter initiative effort to legalize and regulate the personal use and retail sale of cannabis in Michigan have turned in more than 360,000 signatures in an effort to qualify the measure for the November 2018 ballot. Advocates must possess a total of 252,523 valid signatures from registered voters in order to place the Read the full article…

Bitcoin’s Rise Solidifies The Intersection Of Cannabis And Cryptocurrency

The rise of cannabis and cryptocurrency

NEW YORK: As bitcoin’s price continues its meteoric rise, which has seen the cryptocurrency skyrocket in value from just under $1,000 at the start of 2017 to above $10,000 in November, a number of companies have taken steps to benefit from the growth of the burgeoning cryptocurrency industry. One area of the industry that appears to offer significant growth potential Read the full article…

Thank You To All Our Loyal Readers, Subscribers, Members And Sponsors!

Happy Hempy Holidays from MJBA

As we enter December and our 5th anniversary, the Marijuana Business Association (MJBA) would like to take this opportunity to thank all our members, sponsors, subscribers and followers for your contribution in helping us to firmly establish ourselves as one of the leading b2b organizations in legal cannabis.  It’s been an amazing first five years, Read the full article…