Category Archives: Marijuana Business

Marijuana large scale wax production technology safer than butane.

Admin; Interesting development by a marijuana business to fill a need in marijuana wax production by Emotek Labs.

Emotek Labs—Closed Loop Extraction

posted by Seshata on June 3rd 2014

 

While in Denver, Colorado we were given the opportunity to tour the award-winning cannabis extract company Emotek Labs, which has developed an industry-standard closed-loop system for extracting resins from cannabis using butane, while avoiding the risk of fire and explosion that can occur with traditional ‘open’ systems.

What is butane honey oil (BHO)?

Butane honey oil is a high-purity cannabis extract that is created by ‘blasting’ cannabis plant material with pressurised butane gas. In appearance, it may range from a fluffy, opaque and yellowish (usually termed ‘wax’ or ‘budder’) to an almost-transparent, glassy sheet—this is the most highly-prized form, and is usually known as ‘shatter’. Wax and budder is often whipped to achieve its consistency, and its appearance may disguise impurities that would be more visible in the shatter form.

In general, a cannabis extract or concentrate is cannabis resin that has been fully separated from residual plant material through use of a solvent. Lipid-based cannabis resins cannot dissolve in water, but are capable of dissolving in non-polar solvents, as well as some polar solvents.

What are closed-loop extraction systems?

Closed-loop systems such as those created by Emotek are far safer and more effective than older methods

Closed-loop systems such as those created by Emotek are far safer and more effective than older methods

A closed-loop system is one which does not leave any ‘gaps’ through which solvents can escape. The advantages of a closed-loop system are various; primarily, the risk of explosion is reduced drastically as the flammable component is kept in a secure system that does not allow leaks, and secondly, gas usage is drastically reduced as it is recirculated back through the system and used more than once to blast the plant material. Continue reading

Marijuana legalization discussed in this balanced opinion by a retired banker.

Admin; Excellent article well written to present both sides of the argument. Bob Roper makes the case that civil liberties for Americans have also been eroded and money wasted on the war against marijuana.

Should we legalize marijuana?

By BOB ROPER

Sunday, December 14, 2014 at 12:00 am Comments (1)

On Nov. 4, voters in Oregon and Alaska passed initiatives legalizing recreational marijuana. This, of course, follows Colorado and Washington state, whose voters did the same not long ago. The trend is obvious — and hardly surprising considering in a recent poll Americans said, by 56 percent to 44 percent, that marijuana should be legalized provided it is appropriately regulated, as with alcohol.

There is a great irony here. Just as the legalization trend accelerates, maybe to the point of being unstoppable, the accumulated medical and scientific evidence proving marijuana is in fact a dangerous drug is overwhelming. Here are some of the studies and useful facts: Continue reading

Invest in marijuana businesses?

Admin; If you enjoy the product and believe in the nationwide legalization for medical marijuana and recreational marijuana, perhaps you should consider studying these possible investments.

Carol TiceCarol Tice Contributor

I cover franchising, startups and entrepreneurship.

Opinions expressed by Forbes Contributors are their own.

Meet The 8 Hottest Publicly Traded Marijuana Companies

With pot now legal in two states for the past year,and decriminalized, conditionally legal, or medically prescribed in many more, ganja startups are gaining traction — and the growth potential is huge, if other states legalize. So far this year, pot stocks are up 147%, handily beating the S&P’s more modest gains, according to consulting and financial services firm Viridian Capital & Research.

Which companies are doing well? Viridian has created a cannabis industry report that tracks the progress of publicly traded companies in the emerging sector. For now, they’re all trading over-the-counter, but watch for that to change.

It’s a Wild West atmosphere in the sector, given that the product is still, ahem, mostly illegal. A few pot companies were forced to cease trading in recent months, and the Financial Industry Regulatory Authority (FINRA) continues to actively discourage investors from putting money into cannabis stocks. Some pot startups lack professional management, a board of directors, or proper financial controls, Viridian notes — so due diligence is important.

Despite all the reasons to avoid pot stocks, some cannabis companies are impressing investors. Viridian categorizes publicly traded the companies into ten business types. Three are off to a slow start this year — cannabis-related real estate, security services, and software — while the rest have seen at least one company’s stock double in value or more. Continue reading

Marijuana legalization may be coveted by Big Tobacco.

Admin; Big Tobacco may very well welcome marijuana legalization.  This articles documents that Big Tobacco has been interested in marijuana since 1969.

Here’s What It Will Take For The Marlboro Of Marijuana To Emerge

 

YzU1Y2EzZGZiNSMvbWhWWGMyLWlaMDdtcDFyY2VONkFOa0U5WDlZPS8weDY3OjcwMHg1MDgvODQweDUzMC9zMy5hbWF6b25hd3MuY29tL3BvbGljeW1pYy1pbWFnZXMvZmU5MWFlNzg5ZGMzZDVmZWNlY2JlNDFmMDMxNTQzZDI0MmZiNDI4ODIyZTc1MzgzMWIxYTFlYWQ5ZTQ2NWZjNy5qcGc=Abril UnoFake news website ‘Abril Uno’ recently published a story titled ‘Phillip Morris Introduces Marlboro Marijuana Cigarettes’

 

The legal cannabis industry is run by minnows. As liberalisation spreads, that may not last

“FRESH and fruity, right?” says a bright-eyed young man behind the counter, wafting an open jar of something called “AK-47” under Schumpeter’s nose. “Whereas with this one”,–unscrewing another jar, fanning the scent up to his nostrils and closing his eyes in concentration–“I’m getting notes of dill.”

Drug dealers aren’t what they used to be.

In Colorado, which in January became the first place in the world fully to legalise cannabis, buying a joint feels more like visiting a trendy craft-brewery than a drug den. Dispensaries along Denver’s “green mile” are packed with young, bearded men earnestly discussing the merits of strains with names like “Bio-Jesus” and “Death Star”. Some varieties claim to be inspirational, while others say they promote relaxation, or “couch-lock”, as the tokers call it.

Colorado’s pot industry expects to rack up sales of $1 billion this year. Across America the market is reckoned to be worth about 40 times that much. Most of it is still illegal, of course. But slowly, entrepreneurs are prising it out of the hands of crime gangs. Nearly half the 50 states permit the sale of marijuana to medical patients, which in practice may include anyone willing to fake a back problem.

This week Oregon and Alaska joined Colorado and Washington in legalising it for recreational purposes, too. If other countries legalise, as Uruguay already has, it could open up a global cannabis market worth perhaps $100 billion a year (by the best guesses, which are stabs in the dark). Continue reading

American investors at risk in Canadian medical marijuana.

Admin; This investment is currently at risk until the US takes marijuana off schedule 1 classification.  Slow but sure this should happen in the next 10 years.

Exclusive: U.S. DEA ‘most interested’ in U.S. investors in Canadian marijuana firms

BY JOHN TILAK AND BRETT WOLF

TORONTO/ST. LOUIS Fri Oct 10, 2014 10:41am EDT

Section Grower Morgan Blenk inspects a marijuana plant clone before planting it at Tweed Marijuana Inc in Smith's Falls, Ontario, in this file photo from March 19, 2014.  REUTERS-Blair Gable-Files

Production Assistant Dan Brennan collects marijuana plant clones to be moved into a growing room at Tweed Marijuana Inc in Smith's Falls, Ontario, in this file photo from February 20, 2014.  REUTERS-Blair Gable-Files

Droplets of oil form on the surface of a marijuana plant at Tweed Marijuana Inc in Smith's Falls, Ontario in this file photo from March 19, 2014. REUTERS-Blair Gable-Files

1 OF 6. Section Grower Morgan Blenk inspects a marijuana plant clone before planting it at Tweed Marijuana Inc in Smith’s Falls, Ontario, in this file photo from March 19, 2014.

CREDIT: REUTERS/BLAIR GABLE/FILES

(Reuters) – U.S. investors in Canada’s medical marijuana industry are betting they will not fall under the scrutiny of U.S. law enforcement officers – but it is a risky bet.

With marijuana still illegal on a federal level in the United States, American investors in Canadian medical marijuana can be seen as violating the Controlled Substances Act, according to some U.S experts. And the use of the banking system to transfer the proceeds of such investments could be seen as money laundering.

The U.S. Drug Enforcement Administration has already been tracking investments made in state-sanctioned marijuana business in the United States. When asked by Reuters about the DEA’s view of U.S. investments in Canadian marijuana, DEA spokesman Rusty Payne said the agency is “most interested in those types of activities.”

After the Reuters report, shares in Canadian medical marijuana companies fell sharply at the open before recovering some ground. OrganiGram Holdings Inc (OGI.V) dropped 6.9 percent in early trading, Bedrocan Cannabis Corp (BED.V) fell 4.2 percent and Tweed Marijuana Inc (TWD.V) declined 2.8 percent. Continue reading

Amazing how Colorado votes to legalize marijuana and Jefferson county task force says “NO”.

Admin; Ummm-what is wrong with this picture? 64% of voters approve and now an 8 person task force says “NO”? Please follow the link to see dozens of negative comments in the conversation…

Jefferson County marijuana task force recommends ban on marijuana businesses

By Joe Vaccarelli, The Denver Post
YourHub Reporter

POSTED:   09/23/2014 11:34:54 AM MDT46 COMMENTS| UPDATED:   A DAY AGO

A marijuana plant at a Colorado growhouse.

A marijuana plant at a Colorado growhouse. (Denver Post file photo)

JEFFERSON COUNTY — The Jefferson County Task Force on Marijuana is recommending that the Board of Commissioners not allow any marijuana businesses in unincorporated Jeffco, but the commissioners want more time to study the issue.

The volunteer task force released its 134-page report and presented it to the board Tuesday. The recommendation read that the licensing of marijuana establishments is “not consistent with the safety, health and welfare of the citizens of Jefferson County.”

Jefferson County placed a moratorium on marijuana businesses in July 2013 after the passage of Amendment 64 in November 2012. That moratorium is set to expire Feb. 1, 2015 unless more action is taken. The county also voted in April to prohibit marijuana clubs and to limit cultivation.

“I don’t have enough data to make a decision,” Commissioner Don Rosier said as the meeting wrapped up Tuesday.

The task force met eight times since being established in April and studied data regarding impacts on public safety, public health, government and business. The members then voted on whether to “opt in” or “opt out” on marijuana. Eight of the members voted to opt out, two voted to opt in and one abstained.

The commissioners heard arguments from both sides, with Michael Elliott, executive director of the Marijuana Industry Group stating that the county should allow marijuana establishments. He said that county residents will have access to retail marijuana by either going to Denver or cities in Jefferson County that already allow retail pot businesses. By opting out, the county won’t benefit from the tax revenue and the jobs the industry can create.

Dr. Mark Johnson, director of the county’s health department, told the commissioners that studies have shown that smoking any substance is harmful and should not be allowed. He added that the county should take more time with the process.

“It would be smart to hold off until we can get better data,” Johnson said. “It’s all over the place.”

The commissioners will schedule another meeting with members of the task force within the next few weeks to ask more questions before deciding how to proceed.

Joe Vaccarelli: 303-954-2396, jvaccarelli@denverpost.com or twitter.com/joe_vacc

http://www.denverpost.com/southjeffco/ci_26589387/jefferson-county-marijuana-task-force-recommends-ban-marijuana#disqus_thread

Long term affect of the failed marijuana “war” by federal law on individuals employment over course of their careers.

Admin; Cincinnati City Council admits mistakes regarding prosecuting minor marijuana use has led to underemployment for citizens; especially blacks.

Winburn pushing to erase marijuana records

Sharon Coolidge, scoolidge@enquirer.com8:56 p.m. EDT September 23, 2014

-CINCpt_03-12-2014_Enquirer_1_A010~~2014~03~11~IMG_Winburn_Charlie_2_1_VG103.jpg

(Photo: .)

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Cincinnati City Council members have already admitted a 2006 crackdown on marijuana was a mistake, repealing a law that made possessing even a small amount a misdemeanor crime.

The problem: It created criminal records that are tough to get expunged. That means employers can see it when doing a background check. And those criminal records are stopping people from getting jobs.

Elsewhere in the state a similar charge is a minor misdemeanor, which doesn’t count when a judge considers expunging a record.

Now help for the 10,000 people caught in the tough-on-crime law that lasted from 2006 to 2010 is coming from an unlikely source: Republican Cincinnati City Councilman – and State Senate candidate – Charlie Winburn. Continue reading

I’m glad to see the original intent of medical marijuana upheld.

Admin.

Please take time to read this news release by CBS local…

http://denver.cbslocal.com/2014/09/16/marijuana-caregivers-escape-colorado-crackdown/

Notice last sentence in paragraph 5.

“They avoid taxes and regulations required by commercial growers.”

This is the original intent of medical marijuana-please recall that I had said years ago that “caregiver” was the intended concept…

Now with the dispensaries and the retail marijuana trade-these two entities were really wanting the caregiver “loophole” to close due to competition.

And the politicians want their tax revenue increased.

This is ironic because caregivers are the original intended concept to grow and provide one on one medicine.  Which now recently is bolstered by positive results for children as well as adults.

So this is why I have always been embracing the caregiver model.

Marijuana has become and WILL become big business.

But one on one in this world is still the best personal connection for providing medicine.

 

Marijuana Caregivers Escape Colorado Crackdown

September 16, 2014 2:42 PM

Medical Marijuana (credit: Colorado Department of Transportation)

Medical Marijuana (credit: Colorado Department of Transportation)

DENVER (AP) – Confronted with a room full of teary parents with sick children, Colorado health authorities on Tuesday changed course on a plan to limit marijuana caregivers to 10 patients.

The Board of Health voted 6-1 to delete a proposed change to the state rules for caregivers, who are designated to grow pot on behalf of medical marijuana patients.

The change came after hours of emotional testimony from mothers of children with epilepsy and other conditions treated with cannabis-derived oil. Many of the parents testified that they fear losing access to caregiver-grown pot treatments that aren’t available in dispensaries.

“I cannot be one of those dropped. My child will die,” said mom Janea Cox, a mother who moved from Macon, Ga., to Colorado Springs to get a cannabis-based treatment for her daughter Haleigh.

Colorado currently limits caregivers to five patients and requires them to be responsible for other duties besides just growing pot. But the state allows “waivers” for caregivers to add patients. Only four caregivers would’ve been affected by the rule change, but those growers serve 100 or even more patients. They avoid taxes and regulations required by commercial growers.

“I provide medicine that is needed,” insisted Jason Cranford, a Boulder County caregiver who testified that he spent six years developing a strain to reduce seizures.

Cranford scoffed at suggestions that parents of sick children could learn to grow the strain themselves.

Pointing to the crowd behind him, Cranford asked, “These children are in wheelchairs. Do you not see this? Do you think they have time to sit in a garden?”

Some of the moms applauded when Cranford vowed to ignore the rule if adopted.

“What you’re asking me to do is put children’s blood on my hands and I’m not willing to do that,” he said.

Health authorities insisted they aren’t trying to reduce medical-marijuana supply, just make sure caregivers are complying with state laws regarding their responsibilities to patients.

“We want to change the perception that caregivers do nothing but provide marijuana to their patients,” said Dana Erpelding, director of the department’s Center for Health & Environmental Data.

“Caregivers that want to focus on production and distribution should look at becoming medical marijuana centers,” she said.

But the Board declined to set a hard cap of 10 patients, instead adopting stricter guidelines for getting those waivers to grow on behalf of many patients. The new criteria include proximity to licensed medical-marijuana dispensaries.

Colorado Chief Medical Officer, Dr. Larry Wolk, said after the hearing that his agency has limited enforcement powers but wanted to address criticism in a 2013 state audit that criticized the agency for not ensuring that caregivers have proposer supervision.

The Marijuana Show auditions now in Denver.

Admin; In case you missed it this web based show will be offered to the public on Youtube and Vimeo this fall.

People are auditioning for a new marijuana reality show. It’s called ‘The Marijuana Show’

By Elahe Izadi September 15 at 7:29 PM


Wild marijuana (AP Photo/South Bend Tribune, Robert Franklin)

Nearly every industry has a reality show dedicated to it.  Shipping stuff? Yes. Dog whispering? Check. Bounty hunters named Dog? Of course. Now, prospective legal marijuana tycoons can get in on the action.

As Fox 31 Denver reported, 200 people showed up Saturday in Denver to audition for a new, Web-based marijuana reality show named “The Marijuana Show.” (No pot puns here, folks.)

Here’s how it works: People pitch their marijuana business ideas to investors, who will back projects by investing $25,000 to $1 million or more, co-creator Wendy Robbins told the Fox affiliate.

In their online pitch, show co-creators Karen Paull and Robbins describe their project as “The Shark Tank” meets “The Apprentice,” but emphasize it’ll be more like a dolphin tank rather than shark tank. They also have a higher vision in mind: to combat negative connotations around marijuana use. “It’s really an important and potent herb and medicine and it needs to be legal,” Robbins told Fox 31. “That’s why we are doing this.”

“We’re the puff the magic dragon of reality pitch shows. Basically, we don’t wanna be rude,” Robbins told 303 Magazine. “It’s really about educating, and us getting educated too, the world about the whole industry.”

On Saturday, people pitched ideas to a panel, which will then choose six winners to head to a boot camp in New Mexico. From there, the contestants will prepare for October, when they will pitch investors back in Denver, the Fox affiliate reported. Audition pitches ranged from movie projects to a woman who wants to use cannabis in her flower shop designs, and the show will air online in November, CNN reported.

Colorado voters approved recreational marijuana use in 2012, and since then, the legal marijuana industry across the country has been booming; as The New York Times pointed out, the legal industry is expected to grow to $2.6 billion this year, per marijuana research firm ArcView Group.

Elahe Izadi is a general assignment national reporter for The Washington Post. She can be reached at elahe.izadi@washpost.com and on Twitter @ElaheIzadi.

http://www.washingtonpost.com/news/post-nation/wp/2014/09/15/people-are-auditioning-for-a-new-marijuana-reality-show-its-called-the-marijuana-show/

Booming marijuana business nationwide due to voter citizen support!

Admin; The long overdue legalization for medical and recreational marijuana is due to the simple truth that this herb has long been “voted” legitimate by consumers!

California marijuana market poised to explode

By Patrick May

 

pmay@mercurynews.com

POSTED:   08/29/2014 05:51:09 PM PDT28 COMMENTS| UPDATED:   ABOUT 9 HOURS AGO

1/5

Rudy Ponce, of Oakland, selects and makes a purchase of medical marijuana at Blum Dispensary in Oakland, Calif., on Friday, Aug. 22, 2014. (Dan Honda/Bay Area News Group)

Rudy Ponce, of Oakland, selects and makes a purchase of medical marijuana at Blum Dispensary in Oakland, Calif., on Friday, Aug. 22, 2014. (Dan Honda/Bay Area News Group)

Looking around last week at the exhibitor showroom of CannaCon, the huge marijuana-business expo held outside Seattle, Greg James had something of an epiphany: The pot industry in America is growing like, you guessed it, a weed.

“There was everybody from soil companies to grow-light companies to lawyers and security and insurance firms to a TV network doing shows just on marijuana,” said James, whose Seattle-based Marijuana Venture newsletter has exploded from eight to 84 glossy pages since it launched in March and is already turning a profit. “I’m not sure how many of them will survive, but it’s amazing how fast this thing is moving.” Continue reading