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 honest means.
Although selling marijuana is now legal in 24 states and the District of Columbia, doing business as
a legal marijuana company is a logistical nightmare.
Not exact matches
Companies are boosting
marijuana inventory in anticipation of
legal recreational sales in July, and have much more weed than can possibly be sold at this point.
The debate at the Post is likely to echo at other
companies at a time when
marijuana use in the U.S. is gaining widespread
legal and social acceptance.
Even though medical
marijuana is
legal in California, cannabis
companies are still at risk of being shut down because the laws are still being developed.
Attorney General Jeff Sessions» decision to rescind an Obama - era directive that made enforcing
marijuana laws against
companies that comply with state laws a «low priority» raised ire in both parties and stoked uncertainty in states where the drug is
legal.
According to a statement from Commissioner Dave Jones, his department approved the first admitted commercial insurance
company, Golden Bear Insurance, to cover state -
legal marijuana businesses.
Hartfield's new venture taps into that entrepreneurial spirit with the intention to bring investors directly to the most exciting
companies in the
legal marijuana space.
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.
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.
Myclobutanil, a chemical that is also prohibited for use on
legal cannabis in Colorado, Washington and Oregon because of health concerns, was found in product recently recalled by Mettrum Ltd., a Toronto - based medical
marijuana company.
Legal marijuana was the fastest growing industry in the country last year, but since most large
companies won't associate themselves with the plant, there's an unusually diverse set of opportunities to develop products and services.
The acquisition was part of the larger change in control trend that has defined Canada's
marijuana industry recently, with
companies battling to gain market share before
marijuana sales become
legal later this year.
«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.
A
company from Colorado is working with rabbis in New York on a plan to start selling
legal, edible
marijuana products that are certified kosher.
About Site - Medical
Marijuana Inc. is the 1st public
company in the
legal cannabis and industrial hemp markets, with leading cannabidiol (CBD) oil products.
With medical
marijuana becoming more and more accepted in a number of countries around the world, and the money making potential for recreational
marijuana being made
legal in both the United States and Canada, Canopy is ahead of the game, being among the very first
marijuana based
companies to actually take themselves to the floor of a major international stock exchange.
Companies are boosting
marijuana inventory in anticipation of
legal recreational sales in July, and have much more weed than can possibly be sold at this point.
Cannabis entrepreneurs who named their brands after famous
companies like «Girl Scout Cookies» and «Gorilla Glue» to gain popularity in the small medical
marijuana economy are now competing in the larger
legal economy.
Knowledgeable and experienced
legal counsel can also help
companies in the medical
marijuana and medical cannabis industry structure their businesses to avoid any non-compliance with these laws and regulations.
As president and general counsel at Tweed, a two - year - old
company that grows and sells medical
marijuana to patients across the country, he's basically a
legal drug dealer.