Marijuana Cultivation

Week in Review: Illinois a Launchpad for MJ Companies With Eye on National Expansion

By John Schroyer The cannabis industry has been abuzz since Illinois unexpectedly issued 70 business permits to medical marijuana companies earlier this week, allaying concerns that the licensing process would be delayed indefinitely. “I’ve got phone calls coming in almost 24/7 now,” said Joseph Friedman, chief operations officer at PDI Medical, which was awarded a […]

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Grower Uses Classical Music to Enhance Potency

Chopin, Beethoven and plenty of other classical composers are played on a daily basis to dozens of cannabis plants in a grow room owned by the Denver medical marijuana dispensary chain Sticky Buds. Why? Because the company’s master grower, Elias Tempton, believes it helps boost THC content. Tempton said he’s seen a “surprisingly high” increase […]

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Over 100 Tribes Exploring Marijuana Business Opportunities

Native American interest in the marijuana industry is accelerating quickly. Over 100 tribes have contacted FoxBarry Farms, a management firm working to construct the first marijuana cultivation facility on Native American land, to explore business opportunities, according to the Huffington Post. FoxBarry has already signed one deal with a northern California tribe, and it reportedly […]

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Illinois Issues MMJ Business Licenses

In a surprise move, Illinois Gov. Bruce Rauner approved dozens of medical marijuana business licenses on Monday, ending a period of uncertainty over the future of the state’s MMJ program. Rauner, who has been critical of the program and previously indicated he might delay the entire licensing process, issued 52 of the 60 available dispensary […]

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Increased Demand for Organic Cannabis in SF

Growers and dispensaries in San Francisco are seeing a spike in demand for organic cannabis from medical marijuana patients worried about pesticides. To meet this demand, one local dispensary – the San Francisco Patient Resources Center (also called Sparc) – began selling a line of cannabis last year that’s grown outside using only organic nutrients […]

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California Tribe Inks MMJ Deal

It’s official: Native Americans are getting into the marijuana industry. The Pinoleville Pomo Nation announced that it has solidified a deal with FoxBarry Development Company to build a 90,000 square foot indoor cultivation center for medical marijuana on its land north of San Francisco, in Mendocino County. Construction is slated to begin next month, and operations […]

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Former Illinois Gov’s List of License Finalists Revealed

Former Illinois Gov. Pat Quinn, who left office earlier this month without granting medical marijuana business licenses as initially planned, had a shortlist of companies ready to go. The list of several dozen businesses was released by newly-inaugurated Gov. Bruce Rauner’s office in response to a Freedom of Information Act request, and includes scores for […]

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1,600+ Applicants for 10 Rec Licenses in Colorado County

How popular is the marijuana business in Colorado? Here’s one indication: A single county that plans on issuing a total of 10 business licenses received roughly 1,608 applications in a three-week period in January. Adams County officials accepted applications between Jan. 2 and 22 for three retail marijuana shops, three cultivation facilities, three infused products […]

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Report: Cannabis Sales Rise 74% in 2014

Medical and recreational marijuana sales jumped 74% last year to hit $2.7 billion compared with roughly $1.5 billion in 2013, ranking cannabis as the fastest-growing industry in the United States, according to a new report. The study estimates that sales will grow another 32% in 2015 and hit $11 billion annually by 2019, the Huffington […]

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3rd Annual Marijuana Business & Investor Survey Underway

Marijuana Business Media has launched its annual survey of cannabis professionals to gather key financial, operational, business and market data about the booming MJ industry in the United States. Cannabis business owners, executives, investors and entrepreneurs can take the online survey here. The survey – which is completely anonymous – covers everything from startup costs […]

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