Washington Pot Lottery Starts This Week

The state Liquor Control Board received 2,100 applications for retail stores but they'll only issue 334.

WASHINGTON: Retail stores in Washington State will need a license to sell pot. A lottery will start Monday to determine who can open up shop. The state Liquor Control Board received 2,100 applications for retail stores but they’ll only issue 334. Rick Garza, the control board’s director, talked with KING 5′s Mark Wright about the lottery Read the full article…

Eastern Washington Gets Down To CannaBiz

A community forum at Brown University Tuesday night on marijuana was opened to "end the failed policy of marijuana prohibition and replacing it with a system in which it is regulated and taxed similarly to alcohol.”

By Morgan, MJ Headline News Over 100 people filled the Bing Crosby Theater in Spokane, Washington last night for the first CannaBiz panel discussion. The host and moderator, Inlander’s Ted McGregor, Jr., posed questions to three experts from Washington and California – Hilary Bricken, Canna Law Group, an attorney known for specializing in the legal Read the full article…

These Roadblocks Are Killing Marijuana Advertising’s Vibes

A pro marijuana legalization ad from Weedmaps, the self-described "Yelp! for pot," was supposed to be displayed on an electronic billboard in Times Square beginning in April. But CBS asked Neutron Media to pull the ad while its legal department reviews the propriety of it. CBS has veto rights even though it does not own the billboard since its logo is on it.

NEW YORK: Marijuana is a boon to advertising. Not only have marijuana legalization proponents utilized an effective public relations campaign to legalize the drug in Colorado and Washington – and are looking elsewhere – but now the product will also be marketed and sold where it is legal. The sales campaigns include advertising. But advertising marijuana Read the full article…

What’s Up With The Multi Level Marketing Of Hemp-Derived CBD?

So what’s the real deal with Kannaway?

If you’re involved in any way in the Cannabis industry – whether you’re a patient, advocate, or cannabis business person – chances are, you’ve heard about Kannaway, or its “Buzz Launch,” or Real Scientific Hemp Oil (RSHO), or hemp vape, or Hemp Meds Px, or Medical Marijuana Inc., or CannVest, or all of the above. Read the full article…

Fusion Names Ryan Nerz Chief Cannabis Correspondent, To Host ‘Cannabusiness Report’

“The Cannabusiness Report” was developed from segments of the same name featuring Nerz during Fusion's morning show.

Ryan Nerz has landed a smokin’ new job at Fusion. The author and journalist will has been named the cable news network’s Chief Cannabis Correspondent. As part of the gig, Nerz will host a series of half-hour primetime specials titled “The Cannabusiness Report.” “Marijuana legalization is an issue that is taking on increasing relevance – Read the full article…

High Demand For Pot Jobs: Huge Turnout At Colorado Marijuana Job Fair

More than a dozen companies were looking for candidates to fill jobs as bud-tenders (those who work behind the counter and dispense pot), marketers, marijuana trimmers and even accountants.

COLORADO: Looking for a job as a bud-tender? Get in line. A marijuana-industry job fair in Colorado saw a massive turnout of job seekers who waited in line for information about employment in the expanding industry following the legalization of recreational marijuana use in the state. More than a dozen companies were looking for candidates to Read the full article…

Marijuana Industry Delegation’s Pitch On Legalized Pot: It’s Just Good Business

They met with staff members to ask for changes to the tax code, which prohibits the businesses from taking standard deductions for expenses. And they huddled in congressional offices to make the case for other changes that would encourage banks to work with legal cannabis businesses.

DISTRICT OF COLUMBIA:  The delegation from the National Cannabis Industry Association made a point of dressing well for its day on Capitol Hill, sporting mostly dark suits, lots of ties and plenty of the group’s signature lapel pins, which feature a sun rising over vibrant fields of marijuana. Marijuana advocates have come to lobby Washington Read the full article…

The First Pot Stock Billionaire Says His Penny Stock Could Be A Little High

The average daily volume of about 10,900 shares has been light this year, but someone is buying the stock and the $117 it closed at on Friday makes Mackay the world’s first pot stock billionaire thanks to his 15.7 million shares in CannaVest.

NEVADA:  You have probably never heard of Bart Mackay, a 57-year-old Las Vegas lawyer who works on various ventures like Dot Vegas, which operates the .Vegas top-level domain. But on paper, Mackay is the first pot stock billionaire. Mackay’s holdings in CannaVest, which bills itself as the world’s leading hemp-based investment company, are valued at Read the full article…

Medical Marijuana Providers Fear Effects Of Wider Legalization

Muraco Kyashna-tocha, owner of the Green Buddha in Seattle, sells medical marijuana. Credit Matthew Ryan Williams for The New York Times

WASHINGTON:  There should be, one might think, a note of triumph or at least quiet satisfaction in Muraco Kyashna-tocha’s voice. Her patient-based cooperative in north Seattle dispenses medical marijuana to treat seizures, sleeplessness and other maladies. And with the state gearing up to open its first stores selling legal marijuana for recreational use, the drug Read the full article…

Connecticut Pharmacists Prepare For Medical Marijuana

As the state prepares to launch its medical marijuana program, pharmacists are planning for how to approach the entirely new experience of working with a drug without federal approval.

CONNECTICUT:  East Lyme pharmacist Laurie Zrenda sees the state’s medical marijuana program as a possible way to take her career in a promising direction. “I’ve been a retail pharmacist for 26 years and it gets a little old after a while,” she said. “The chain stores have taken over.” With little opportunity to work for an independent pharmacy, Read the full article…