Diego Pellicer Faces Subpoena, Other Problems In Marijuana Biz

WASHINGTON:  The Top 5 Things You Don’t Want to Say when introducing a new public company might be:

No. 5. We’ve received a subpoena from the U.S. Attorney.

No. 4. We’ve only got one real paying customer.

No. 3. We’re not sure when we can actually collect any money from that customer.

No. 2. We’re lending money to keep that customer running.

No. 1. We’re not sure what the U.S. Attorney wants, but in the worst-case scenario, our officers could be imprisoned and our investors hosed.

Diego Pellicer Worldwide, the company that says it’s “developing the world’s first ‘premium’ marijuana brand,” acknowledged those issues last week deep in its first regulatory filing after merging into a public shell company.

Tech Mogul Jamen Shively Keynotes “Technology And Your Cannabis Business” Seminar Weds, Aug 27 In Seattle

WASHINGTON: All industry eyes will be on technology-turned-marijuana mogul Jamen Shively, the former Microsoft strategist best known as the man behind premium retail pot brand Diego Pellicer, as he delivers the keynote speech for “Technology & Your Cannabis Business” seminar at Seattle’s ultra-hip Motif Hotel.

Shively’s much-anticipated talk before the elite gathering of Washington’s leading cannabis and technology brands, will reportedly focus on the state of the emerging industry, and how he is providing support to the worldwide cannabis & hemp industry through his new venture, the International Coalition of Cannabis Companies & Organizations ICCCO .

Joining Shively will be Randy Simmons from Washington Liquor Control Board, the agency overseeing Washington’s nascent legal marijuana business; along with John Davis, co-founder and Executive Director of the Coalition for Cannabis Standards and Ethics (CCSE); Patrick Vo, COO, of BioTrackTHC; Dr. Dominic Corva, Executive Director at Center for the Study of Cannabis and Social Policy; Cannabis Training Institute’s Greta Carter, and many other industry thought leaders.

Technology & Your Cannabis Business Wednesday, August 27, 2014, 9:00 AM to 3:00 PM Motif Hotel, Seattle, WA

Technology & Your Cannabis Business
Wednesday, August 27, 2014, 9:00 AM to 3:00 PM Motif Hotel, Seattle, WA

The full-day business seminar, targeting participants in Washington’s legal cannabis industry – growers, processors, retailers and the professional services providers who support them — is being organized by Seattle-based Marijuana Business Association (MJBA), a b2b organization called “the chamber of commerce for cannabis” by NBC News, and sponsored by Cannabis Industry Professional Services (CIPS).  Journalist/Activist Ben Livingston will act as Master of Ceremonies.

“Technology & Your Cannabis Business” is the first in a series of professional education seminars that the Marijuana Business Association is hosting as a service to its members,” explained MJBA chief executive David Rheins. “Earlier in the month, we invited I-502 licensees and applicants to participate in an online policy conducted by MJ Research.  More than three dozen business pioneers participated in the survey. We then invited them to a listening summit, where we conducted a “voice of the customer” facilitated conversation — through which we’ve identified the key industry pain points. Technology — from compliance software to grow-room automation — was at the top of the list. In response, MJBA has organized this professional forum where all the key stakeholders can gather together to work through possible solutions.”

At Wednesday’s show, packaging technology, grow room automation and compliance software are the hot topics. “We’re delighted to have senior representatives like the WSLCB’s Randy Simmons, BioTrackTHC’s Patrick Vo there all under one roof, there to directly engage with end-user licensees to address this critical and time-sensitive issues,” Rheins said.

Tickets are $100 for MJBA members, $150 non-members, and are available online, and at the door.

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Diego Pellicer's Jamen Shively Goes Public With Plandai Biotechnology, Inc.

WASHINGTON:  If Plandai Biotechnology  investors liked the idea of Diego Pellicer co-founder Jamen Shively working with the company from the outside, then they’ll love the idea that he’s now on the inside of this public biotech.  Shively, a former Microsoft executive turned marijuana entrepreneur, has gone public being named to the Board of Directors at Plandai.

His experience at Microsoft alone makes this a great business move, but the media’s attraction to Shively’s confident approach to capturing 40 percent of the worldwide marijuana market makes his addition inside any public company a really big deal. Hopefully Plandai is prepared for the media frenzy that is likely to occur when the national press that showed up en masse to his 2013 press conference, learns of Shively’s appointment to the Board. [Read more…]

Ad Agencies Prepare For The Legal Marijuana Market

COLORADO: The slogan, “This Bud’s for You” may already be claimed, but that isn’t stopping advertising executives from dreaming about getting in on the burgeoning sales of legal medical and recreational marijuana – an industry estimated to already be generating revenues in the billions of dollars.

With medical marijuana sales legal in 20 states and the District of Columbia, and with Colorado and Washington legalizing recreational cannabis use for adults as of this year, many advertisers and marketers are honing their skills and preparing for a universally legal pot market. [Read more…]

Former Microsoft Executive Chooses Location For Seattle Pot Shop

WASHINGTON: A former Microsoft executive has picked the spot he plans to start selling recreational marijuana. Jamen Shively says he wants to build an international brand of marijuana at a flagship store in Seattle’s SODO Neighborhood.

He plans to put the store on Fourth Avenue S., just south of Holgate.

He hopes to be selling pot by the middle of next year. Shively expects annual revenue of between 25 and 50 million dollars from the store.

Shively even wants to start a reality TV show out of the store. He is currently shopping that idea to networks.

Pot retail licenses will be awarded by lottery. Shively says if he doesn’t win, he’ll buy a company that does.

Dot-Bong Era’s First Marijuana Brand Debuts

WASHINGTON: America’s newly legalized marijuana industry is attracting corporate cash and entrepreneurs who want to transform the business from plants in plastic bags sold on street corners to branded experiences in well-outfitted stores.

Jamen Shively, founder of Diego Pellicer, the first retail brand in the U.S. to market legal, premium marijuana, says the plant is an “incredible boost to creativity”–the company itself bloomed from a “brainstorm session with cannabis.” [Read more…]

Former Mexican President Fox Urges Marijuana Legalization

CALIFORNIA: (Reuters) – Former Mexican President Vicente Fox took his crusade to legalize marijuana to San Francisco on Monday, joining pot advocates to urge the United States and his own country to decriminalize the sale and recreational use of cannabis.

Fox met for three hours with the advocates, including Steve DeAngelo, the Oakland-based executive director of California’s largest marijuana dispensary, and former Microsoft executive Jamen Shively, who hopes to create a Seattle-based pot brand now that Washington state has legalized recreational use. [Read more…]

Former Mexican President Fox Urges Marijuana Legalization

CALIFORNIA: (Reuters) – Former Mexican President Vicente Fox took his crusade to legalize marijuana to San Francisco on Monday, joining pot advocates to urge the United States and his own country to decriminalize the sale and recreational use of cannabis.

Fox met for three hours with the advocates, including Steve DeAngelo, the Oakland-based executive director of California’s largest marijuana dispensary, and former Microsoft executive Jamen Shively, who hopes to create a Seattle-based pot brand now that Washington state has legalized recreational use. [Read more…]