The Wink in Weed: The Sock Puppet of Pot

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

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

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

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

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)

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

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

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

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…

Marijuana Business Association Coming To Vancouver, WA

By Sue Vorenberg WASHINGTON: The Marijuana Business Association will be in Vancouver on Thursday, Sept. 18 for a special free Meetup event at the Vancouver Community Library.The meeting will be at the 901 C Street location from 6-8 p.m. and is sponsored by Viridian Sciences, a Vancouver marijuana industry software company. Looks like a good event for local biz Read the full article…