Marijuana Official Describes ‘Very Real Damages’ During Nevada Cannabis Licensing Hearing

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A marijuana industry executive testified Monday that his company is losing up to $1.5 million per month because of a cannabis license injunction hearing that could go into August. “As I sit here today, I’m losing $1.5 million or more per month on a mothballed facility,” said Bob Groesbeck, co-CEO of Planet 13 Holdings Inc.... more →
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Medical marijuana may be Pa.’s next big business

Medical marijuana might seem like a cottage industry, but with Pennsylvania the nation’s sixth-largest potential market, it’s more likely to be big business. Think guys in suits, or maybe lab coats, not dreadlocks and striped baja hoodies. “I’ve heard estimates that the investment has to be $5 million to $10 million to be... more →
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DC Entrepreneurs Find Profit Despite No MJ Sales

Washington DC may have legalized recreational marijuana use and possession, but sale of the herb remain illegal in the state. Despite this, entrepreneurs in the area have come up with ways to profit from the market – legally. Ancillary businesses catering to the adult-use marijuana market are coming alive in the capital. These... more →
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Illinois Releases List Of Approved MMJ Growers

The state of Illinois has finally released on Thursday (August 20) the list of seven businesses allowed to grow medical marijuana (MMJ) in the state. The approved MMJ companies are: PharmaCann LLC – Dwight, Illinois Green Thumb Industries (GTI) – Rock Island Ace/Revolution Enterprises – Delavan Nature’s Grace and Wellness... more →
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Marijuana Firm Among Fastest-Growing In US

A marijuana business has joined the ranks of Microsoft, GoPro, and Yelp in Inc. Magazine’s esteemed Inc. 5000, a list of the fastest-growing companies in America. MJ Freeway, a cannabis software business offering point-of-sale tracking systems, made the list after reaching a growth rate of 205% over the last three years. In the... more →
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NHL No Longer NHL: Pot Company Prompted To Change Stock Name

To many people in North America and the world – and especially in Canada – the NHL stands for National Hockey League. Over the past few months, however, this acronym has been shared by a legal marijuana company, which has now been prompted to use a different acronym for itself. Nutritional High International, Inc is a Toronto-based... more →
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