Sentences with phrase «marijuana companies say»

Marijuana companies say they are not arguing more licenses should never be issued to grow and sell marijuana.

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Thorburn says the political fallout would be too damaging if Trump and Sessions started flexing federal law on state - legalized marijuana companies.

As marijuana slowly emerges from prohibition, it will be easier for companies to legally grow in other countries where there are more ideal climates and water tables that will help lower prices and the indoor grow methods created to escape the DEA's helicopters will become history, Kennedy says.

Brendan Kennedy, the cofounder of Privateer Holdings, which owns various marijuana companies like Marley Natural and Canadian pharmaceutical - grade cannabis producer Tilray, says his companies are expanding abroad while the U.S. Drug Enforcement Agency and the Food and Drug Administration debate whether or not to treat the plant as a medicine or keep it in the same category as heroin.

Back in November 2016, John Hudak, a senior fellow at the Brookings Institution, said that if Sessions became attorney general, he would have the power to rescind the Department of Justice memos issued under the Obama administration that have allowed marijuana companies to exist without fear of DEA raids.

These startup businesses, companies selling vaporizers, CBD products, and software to marijuana users or marijuana companies, were kicked off payment processors and other mainstream business platforms en masse as a result, entrepreneurs affected by the purge say.

«I don't think it's realistic for Trump to wage an all - out war against recreational marijuana,» says Aaron Herzberg of CalCann Holdings, a portfolio of cannabis companies and brands in California.

Tamar Maritz, regional director for California at marijuana data insights company BDS Analytics, said Californians could expect to see prices rise as much as 10 to 20 % in the aftermath of the fires.

Aside from technology, the company is also expected to benefit from a contract it landed with the Ontario government, which said earlier this week that it would use Shopify's e-commerce platform for cannabis sales online and in stores as part of its plan to be the province's sole distributor of legal recreational marijuana.

And whether the campaign contributions are coming from a pharmaceutical company or a prison guard union, he said, keeping marijuana illegal often boosts donors» bottom lines — and ensures that nonviolent users and suppliers will keep ending up behind bars.

The company has signed up about a third of the roughly 200,000 medical marijuana customers in Canada, and Linton said he expected some 3 million Canadians to use legal non-medical pot next year.

And proponents say they're already hitting such speed bumps, including municipalities that have confined marijuana companies to tiny industrial districts on the edge of town, or have implemented large buffers around schools and day cares that, drawn out on a map, cover nearly all of their territory.

The second - largest specialty coffee chain in Canada, which has struggled to stay competitive in recent years, said on Thursday that it is partnering with National Access Cannabis, a marijuana retail and dispensary company.

Canaccord Genuity said in a note that the move could position Namaste for a potential TMX listing, as the stock exchange has threatened companies with possible delisting over any pot - related operations in the U.S., where marijuana is still illegal at the federal level.

The quarterly dip was driven in part by increased expenses, some of which the company said were tied to preparations for Canada's coming recreational marijuana market, which the federal government has aimed to legalize by July 2018.

But rather than fear marijuana, he says alcohol companies should consider the opportunities.

Marijuana Penny Stock Scams With the proliferation of legal marijuana companies and the massive growth we've seen in the industry, it's no surprise that less - than - savory characters have tried to make a dollar off the boom through, shall we say, less honeMarijuana Penny Stock Scams With the proliferation of legal marijuana companies and the massive growth we've seen in the industry, it's no surprise that less - than - savory characters have tried to make a dollar off the boom through, shall we say, less honemarijuana companies and the massive growth we've seen in the industry, it's no surprise that less - than - savory characters have tried to make a dollar off the boom through, shall we say, less honest means.

Victoria's Emerald Health Therapeutics Inc., a licensed medical marijuana producer, said Wednesday that an unnamed, «Canadian institutional accredited investor» had agreed to buy a $ 25 - million chunk of the cannabis company through a prospectus and secondary sale.

In a conversation with Beer Marketer's Insights publisher Benj Steinman, Constellation Brands CEO Rob Sands said his company is making a future play into marijuana, which he believes will «inevitably» reach full legalization in the United States.

Cannabis products company Puration has said it will have a psychoactive cannabis beverage ready to launch in Canada for the expected legalisation of recreational marijuana next July.

Mayor Bill de Blasio said Friday that his major concern about legalizing marijuana is that big corporations will take over the industry and exploit its «addictive» nature to try to hook kids, just like the tobacco companies.

«In the case of medical marijuana, we were allowing production and sale, and in order to get a company to do that, you need to tell them that it's legal,» said Assembly Health Committee Chair Dick Gottfried, D - Manhattan.

«Our company is not close to break - even yet,» said Ari Hoffnung, president of Vireo Health of New York, which has a marijuana - growing facility in Fulton County and dispenses its products in two downstate and two upstate locations.

Bellafiore, the spokesman for the company, said the state made no promises to give ValleyAgriceuticals a marijuana license if it dropped the lawsuit.

In pitching themselves to reporters at a news conference on Thursday, the company's CEO and founder, Dr. Kyle Kingsley, said New York's regulatory structure is one he's comfortable with given that he has experience with Minnesota's strict medical marijuana program.

The facility the company is proposing to use to manufacture medical marijuana, once used as a now - closed juvenile detention center, is within a START - UP NY economic development zone, said Fulton County Board of Supervisors Chairman Ralph Ottuso.

«It really exemplifies the fact that 80 percent of the public support medicinal cannabis and even a majority of people support a recreational law,» said Kyle Kingsley, the CEO of Vireo Health, whose company is one of five that operate in the state's medical marijuana program, in an interview on Capital Tonight.

But he said company reps flew to New York to discuss getting «kosher supervision» if they're selected to grow, manufacture and distribute state - approved medical marijuana under the Compassionate Care Act signed last year by Gov. Andrew Cuomo.

«It's working directly on pain pathways in the brain, spinal cord, and periphery,» says Ethan Russo, a neurologist and medical director of Phytecs, a Los Angeles, California — based company developing therapies based on compounds isolated from marijuana.

While securities work has generally been slow, the firm says it acted as counsel for marijuana - infused products company Nutritional High International Inc. in the company's first public offering.

Without getting into a moral debate about Marijuana, let's just say that at TermLife2Go, we're only interested in knowing if our clients use marijuana so that we can direct them to the right life insurance company specifically Marijuana, let's just say that at TermLife2Go, we're only interested in knowing if our clients use marijuana so that we can direct them to the right life insurance company specifically marijuana so that we can direct them to the right life insurance company specifically for them.

That said, in terms of the biggest exposure for marijuana insurance companies — regardless of whether they're the plant growers or the owners of the shops — is the inadequate coverage provided by many insurers and the marijuana exclusions that commonly apply, said Next Wave.

A new cannabis production facility near Edmonton could become one of the country's largest marijuana growing operations, the company behind the facility says.