greenRush Closes $3.6 Million Series A Funding Round

Since its inception in 2015, millions of dollars in legal Cannabis transactions have been facilitated on the greenRush platform. As a result, greenRush’s proprietary data offers unique insight into global online Cannabis purchasing behavior in both the recreational and medical industries.

CALIFORNIA:  greenRush, the largest online marketplace for legally purchasing cannabis, today announced the $3.6 million closing of its Series A Funding Round. The Round will fuel the expansion of greenRush’s current recreational and medical marijuana services in California, Nevada, Massachusetts, Maryland, New York, Pennsylvania, and Illinois. The company’s latest group of investors include James Weil, President Read the full article…

The Wink in Weed: The Sock Puppet of Pot

“We lose a little on every sale, but make it up in volume

By David Rheins “We lose a little on every sale, but make it up in volume.” The famous failed business strategy harkens back to the heady dot.com days when star-struck venture capitalists backed wild-eyed technologists at crazy valuations, betting on low-revenue/no-revenue ventures to capture valuable “market share” in the emerging digital economy. Back then the Read the full article…

Making A Business Out Of Marijuana Isn’t Easy

“Many believe this is a new-age gold rush. While some companies are doing well, there are just as many that are struggling to keep their doors open."

OHIO: Running a marijuana business is more than a pipe dream, says Justin Breidenbach: It’s about taxes, banking, liability, supply and demand. Breidenbach, an associate professor of accounting at Ohio Wesleyan University who has been studying the economics of pot for two years, concludes that there’s potential for big money to be made if Ohio legalizes Read the full article…

New York’s Medical Marijuana Licenses Expected To Be Awarded By Friday

The New York Department of Health is expected to announce either Thursday or Friday which five companies it has selected to award licenses to grow medical marijuana.

NEW YORK:  The New York Department of Health is expected to announce either Thursday or Friday which five companies it has selected to award licenses to grow medical marijuana under the Compassionate Care Act. This announcement, first reported by the Daily Freeman News of Kingston, New York, may come as a welcome, if long-awaited, surprise to the 43 companies Read the full article…

Q&A With WeedHire CEO David Bernstein

"Given the overwhelming national & industry media attention, the WeedHire name is now one of the most recognized brands within the marijuana jobs sector. Revenues enable us to further develop and grow WeedHire in parallel with legal marijuana industry growth," said Bernstein.

This week popular cannabis industry job board WeedHire.com released it’s Q4 2014 Jobs Report indicating the legalization of marijuana is creating new jobs and inspiring new economic activity. According to the report approximately 10,000 jobs in marijuana already exist in Colorado, and tousands more will be coming in the follow-on states of Washington, Oregon, & Alaska. While unemployment Read the full article…

California’s Green Rush, The Business Of Marijuana In The Golden State

KPIX 5 News in-depth look at the marijuana business in California since it became the first state to legalize the use of medical pot 17 years ago.

CALIFORNIA:  The following 4 segments are from a KPIX 5 News in-depth look at the marijuana business in California since it became the first state to legalize the use of medical pot 17 years ago. VIDEO: SEGMENT 1 (of 4): In this segment host Veronica De La Cruz introduces a report by Joe Vazquez on the Read the full article…

Marijuana’s Promise Of Profit Remains Elusive (For Now)

Those trials are all ongoing, so investors will need to rely on past trial data to make judgments on whether or not the market demand for GW Pharma's medicine will justify the company's $1.27 billion market cap.

NEW YORK: Excitement surrounding medical marijuana led to a significant run-up in GW Pharmaceuticals‘ share price earlier this year, but based on the company’s recently announced quarterly and fiscal full-year earnings results, the promise of marijuana profit remains far off in the distance. Planning for the future That’s because GW Pharma has only one marketed marijuana derived therapy, Read the full article…

Legal Marijuana A High For Licking County Manufacturer

A lawmaker on the country’s largest American Indian reservation has introduced a bill to reaffirm the tribe’s stance against legalizing marijuana.

OHIO:  Forget the California Gold Rush. It’s so mid-1800s. Like a growing number of entrepreneurs nationwide, Andy Joseph knows that his business fortunes are tied, for better or worse, to what he describes as the “green rush.” Business is booming at Joseph’s Licking County-based manufacturing company, Apeks. Sales jumped from $750,000 in 2012 to $3.2 million in Read the full article…

Weedhire.Com Sponsors MJBA Job Fair Seattle Saturday, September 27th

Sponsors at the historic industry event will include many of Washington State's top employers who are actively seeking to fill immediate openings in the fast-growing recreational marijuana, medical cannabis and industrial hemp industries, including Viridian Sciences, Eden Labs, CIPS, Blue Line Protection, Evergreen Herbal and Ms. Mary Staffing.

WASHINGTON: WeedHire, a premier jobs site for the legal marijuana industry, and the Marijuana Business Association (MJBA), the cannabis industry chamber of commerce, are inviting legal cannabis job seekers to join dozens of employers as the first crop of Washington’s legal cannabis businesses go to market at “Job Fair Seattle,“ Sponsors at the historic industry event will include many of Read the full article…

Florida Gov’t Weekly Roundup: Get That Pot To Sick Kids ASAP

Nevada regulators Monday gave final licensing approval for the state’s first medical marijuana cultivation facility north of Reno.

FLORIDA:  Health regulators are wasting no time getting Florida ready for the “green rush” already sweeping the state as they craft a framework for the new medical marijuana industry. Meanwhile, the “just say no” crowd is letting loose with the green, fanning the flames in the fight over a proposed constitutional amendment that would legalize Read the full article…