Sentences with phrase «of marijuana businesses»

Explore implications of the legislative changes in various areas, including employment, impaired driving, real estate, residential tenancies, regulation of marijuana businesses, and more.

Leslie Bocskor, founder of marijuana business consulting firm Electrum Partners, says he believes cannabis ballot initiatives in Arizona, California, Florida, Maine, Massachusetts, Nevada, and Ohio will draw youth voters — ultimately impacting the presidential election.

NPR's Yuki Noguchi reports that the Department of Justice and Treasury Department on Friday sought to «clarify rules for banks trying to navigate the murky legal waters of the marijuana business.

I'm like, «I'm sorry, buddy, but you can't because there's no way for a non-US citizen in Colorado to be owner of a marijuana business.»

They say, «Can you help me put together a team of people top to bottom that can help me open up some sort of marijuana business, and can you help me decide what kind of marijuana business I want to run?»

Proposals range from adding PTSD to Colorado's medical marijuana program to prohibiting Californian authorities from aiding federal prosecution of the marijuana business.

Not exact matches

«There are a few wineries setting up very large recreational grows right now,» said Brent Kenyon, of the marijuana consulting business Kenyon & Associates, based in southern Oregon.

«There is a material risk that if the Obama era policies regarding cannabis are not followed, our business could end and investors could lose their total investment in our Company,» wrote The Marijuana Company of America.

The legalization of recreational marijuana in Canada has been a gold rush, with firms racing to prepare for what could be a multi-billion-dollar market when it opens for business later this year.

«I've spent some time thinking about whether or not the feds knew what they were doing when they created these regulations, because it really does spark a lot of business interest in marijuana more generally.»

Billions of dollars are expected to flow through California's legitimate marijuana industry next year when recreational pot becomes legal, but most of those businesses won't be able to use banks.

By virtually every measure, prohibition of cannabis with high THC commonly known as marijuana and the variant with no recreational drug potential commonly known as hemp has cost the U.S. economy billions of dollars in missed business opportunities and wasted resources spent unsuccessfully fighting the so - called war on drugs.

For example, the Justice Department would expect a bank to make sure any marijuana business with an account did not sell pot to minors, is not involved in illegal activities and that the cash flow of that business is what would be reasonably expected.

Aeron Sullivan, the co-founder of Tradiv, an online wholesale marketplace for legal pot businesses to buy and sell marijuana, says there is no doubt pot production will be outsourced to other regions of the world and the southern states in the U.S.

Marijuana interdictions at the Mexican border are down substantially, youth use has not increased in states with legal access to cannabis, and responsible cannabis businesses are contributing tens of thousands of jobs and hundreds of millions of dollars in economic impact to their communities.»

She worked on a range of projects including CNBC's Emmy - nominated Special Report about the financial crisis, Boom, Bust, Blame: The Inside Story of America's Economic Crisis; CNBC's Marijuana & Money Special Report; and America's Top States for Business.

Two documents, totaling more than 230 pages and issued by the Marijuana Enforcement Division, a branch of the Colorado Department of Revenue, spell out the rules for medical and recreational marijuana buMarijuana Enforcement Division, a branch of the Colorado Department of Revenue, spell out the rules for medical and recreational marijuana bumarijuana businesses.

Marijuana became legal for recreational purchase and use in Colorado on the first of this year, and adult - use facilities are doing a booming business.

Tree — who said the policy change restored a price support for growers by reintroducing a «federal risk premium» — told Business Insider that while consumers in states were marijuana was legal were probably used to a high - quality and tested product, he suspected cracking down on legal marijuana production and sales would incentivize trafficking of lower - quality marijuana to states where the drug is still illegal.

He told L.A. Weekly his main goal is to protect the burgeoning marijuana industry in the Golden State, which he called «one of the greatest businesses» in the state.

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.

The software connects to the cannabis company's point - of - sale system as well as the state's seed - to - sale system, which follows marijuana plants from the grow house until they're sold to a customer, to monitor the business and ensure compliance.

«The advocacy community has suggested that DEA's statement that they would decide on the Gregoire - Chafee rescheduling petition this summer is a sign that they are moving toward reforming policy with regard to marijuana,» Hudak told Business Insider, referring to a 2011 petition from Govs. Lincoln Chafee of Rhode Island and Christine Gregoire of Washington state.

Justin Hartfield has been involved in the business of selling marijuana for years, running the Yelp - style website WeedMaps.com and serving as the gate keeper and advertiser for legal marijuana dispensaries across the U.S.

We don't incorporate enough medical marijuana businesses to make it such that we can get expertise in it and give people that level of advice.

Hartfield is involved with the privately held Ghost Group, and he and his business partner Doug Francis just announced the launch of Emerald Ocean Capital, a venture capital firm that seeks to invest in marijuana businesses in the newly - legal industry.

Since marijuana is still on the federal books as a Schedule 1 narcotic (categorized as dangerous as heroin), banks are wary of working with businesses that touch the plant.

So if you're considering opening a medical marijuana dispensary, you'll be dealing with plenty of hurdles: regulatory, compliance, financials, as well as the quandaries any typical business owner faces, including marketing, logistics, and human capital.

«However, investment and business development will continue to be dampened until the federal government definitively changes its position on the legality of medical marijuana,» the report notes.

«Demand for marijuana has produced a number of business opportunities,» See Change reports.

«The growing acceptance of medical marijuana is providing business operators and investors with unprecedented opportunities,» the authors note.

Sessions, a longtime opponent of marijuana, has hinted at initiating a federal crack down on state - legal marijuana businesses for the better part of a year.

Legalization and de-criminalization of marijuana is a hot topic, which could provide profit - making opportunities for some, and moral dilemmas for other business owners.

Despite the increasing number of financial institutions servicing the cannabis industry, credit is still very rarely available for marijuana businesses.

The marijuana business «really kicked - started» the recovery of the Denver industrial real estate market, Jessica Ostermick, director of research and analysis at commercial real estate firm CBRE, told the Post.

In a recent court case, the 9th Circuit Court of Appeals ruled that the Department of Justice is prohibited from using federal funds to prosecute businesses who operate within state laws regarding medical marijuana.

CreditCards.com (2013) reported, «nearly all banks and credit card companies, reluctant to run afoul of federal drug and banking laws that remain on the books, refuse to do business with even state - licensed sellers of marijuana.

For those thinking of investing into marijuana businesses, the survey provides a glimpse into how law enforcement might battle any new legalization efforts.

Lynwood will become «one of the first large - scale cultivation and manufacturing opportunities in L.A. County,» Aaron Herzberg, who helps marijuana businesses find real estate through his company CalCann Holdings, told L.A. Weekly.

Catch these interviews with innovators of the booming marijuana business beginning at 11:30 a.m. EST today.

The process of branding cannabis businesses is further slowed by marijuana's classification under the federal Controlled Substances Act as a Schedule 1 drug (along with heroin, LSD and other hallucenogens).

Claim: The defendants accuse Bhakta of smoking marijuana on company premises while conducting business.

Meanwhile, though, business owners and investors in the cannabis industry reacted enthusiastically to the latest wave of marijuana legalization votes this week:

In five years a handful of giant firms will dominate the marijuana business.

Proposition 64 legalized the recreational use of marijuana for adults aged 21 years or older, permitting smoking in a private home or at a business licensed for on - site marijuana consumption.

The cannabis commission submitted its final rules last week and on Friday issued updated guidance to cities and towns affirming their critical role in the process of licensing marijuana businesses.

Fifty - nine of the local bans on marijuana businesses are indefinite.

Don Morse, director of the Oregon Cannabis Business Council, said he expects «business as usual» in Oregon's marijuana industry despite Sessions»Business Council, said he expects «business as usual» in Oregon's marijuana industry despite Sessions»business as usual» in Oregon's marijuana industry despite Sessions» policy.

The scarcity of space has led some marijuana businesses to plow profits back into real estate, said Amanda Gonzalez, chief executive officer of Kaya Cannabis in Denver.

The announcement that the U.S. Department of Justice would no longer adopt a «hands - off» approach to states that have legalized marijuana use initially sent some in the industry into a tailspin, just days after the $ 7 billion California recreational weed market opened for business.