capitalism

High NY hosts canna-biz networking confab

Posted on March 22nd, 2017 by Bill Weinberg and tagged , , , , , , , , , , , .

New York cannabisThe group High NY, "New York's Cannabis Community," hosted an event on "How to Apply Your Skills in the Cannabis Industry" at a Lower Manhattan venue the evening of March 22, featuring speakers with background in the biz from California, Massachusetts and the District of Columbia. Unlike these three polities, New York state has not legalized. But organizers took heart that on that very same day as their meet-up, chronic pain was added to the qualifying conditions under the Empire State's burgeoning if still limited medical marijuana program.

China launches first CBD research firm

Posted on March 20th, 2017 by Bill Weinberg and tagged , , , , , , , .

ChinaChina is to get its first company dedicated to research, development and marketing of medicinal products based on cannabidiol, or CBD. The firm, dubbed XiBiDi Biotechnology Co, is to operate out of Pudong Technology Park, part of the Shanghai Pilot Free-Trade Zone. It will initially offer hemp-derived CBD oil, as well as hemp-based foods and beverages, according to a press release from ChineseInvestors.com, or CIIX. The Chinese character "XiBiDi" is homophonic to "CBD" in English.

Capitalist plot seen behind Canadian cannabis raids

Posted on March 13th, 2017 by Bill Weinberg and tagged , , , , , .

CanadaCanada's prince and princess of pot, activist-entrepreneurs Marc and Jodie Emery, have been charged with multiple trafficking-related counts, following the March 9 raids on their Cannabis Culture outlets in Vancouver, Toronto and Hamilton, Ont. CBC News reports that the duo face multiple charges including drug trafficking, possession for the purpose of trafficking and conspiracy. Jodie Emery reacted to the busts by calling out the Trudeau government for hypocrisy. She told Canada's Global News: "If this is legalization, then Justin Trudeau lied to the Canadian people. This is a new form of prohibition." Urging Candians to call Prime Minister Trudeau and "ask why we're seeing more people being harmed under our so-called legalization than we ever saw under [ex-PM] Stephen Harper's anti-marijuana poicies."

Hackers hit cannabis dispensary tracking software

Posted on January 12th, 2017 by Global Ganja Report and tagged , , , , , , .

Shadow WatchAmid all the current paranoia about hackers infiltrating the highest levels of American politics comes the disturbing news that software used by cannabis businesses in over 20 states was attacked and compromised. The story was reported both by the cannabis industry trade website Marijuana Business Daily and tech sites that monitor such attacks, including Hackbusters and DataBreaches. The software, known as MJ Freeway, is used for "seed-to-sale" tracking of cannabis in states that have legalized or passed medical marijuana laws. The Denver-based company said its main servers and backup system both went down the morning of Jan. 8, and remained offline as of the next afternoon.

Massachusetts to get country's biggest legal grow

Posted on December 29th, 2016 by Global Ganja Report and tagged , , , , , , , , .

MassachusettsDenver-based AmeriCann is planning to develop what will be the United States' largest medical marijuana facility in Freetown, Mass. At one million square feet, the Massachusetts Medical Cannabis Center is planned for a tract in the Bristol County town formerly slated for a brewery by the Boston Beer Co. Boston Business Journal reports that AmeriCann bought the property this fall for $4.475 million. AmeriCann CEO Tim Keogh said the facility will be "the place in the northeast US for the creation of a wide variety of exciting new advanced products for medical cannabis patients."

Martin Lee speaks on CBD in New York City

medical marijuanaA little New York-California cross-fertilization of herbal consciousness took place as Martin Lee, the author of Smoke Signals: A Social History of Marijuana, spoke in Manhattan's East Village the night of Nov. 10 on "The Future of CBD and Medicinal Cannabis." Lee discussed his current work with California-based Project CBD, dedicated to promoting and publicizing research into the medical uses of cannabidiol, and Emerald Pharms, his CBD-oriented dispensary in Hopland, southern Medocino County. The event was hosted by The Alchemist's Kitchen, a New Age-flavored herbal apothecary—or "botanical dispensary"—on East 1st Street. Under New York state's medical marijuana law, the Kitchen recently launched a Bowery Cannabis Club, which specializes in CBD products.

The cannabis question in Trump's America

BlackLivesMatterThe results of the Nov. 8 elections really indicate the schizophrenic nature of American political culture at this moment. Amid the fear and loathing over the election of the fascistic Donald Trump as president, big gains were registered for cannabis freedom. Voters in California approved Proposition 64, legalizing  up to an ounce for those 21 and older, and allowing individuals to grow up to six plants. The measure also permits retail sales and imposes a 15% tax. Similar measures passed in Massachusetts, Maine and Nevada, bringing the percentage of Americans living in states where cannabis is legal for adults up from five to 20 percent. Only Arizona's Proposition 205 was rejected by the voters.

Colombia gets a new legal cannabis enterprise

Posted on November 8th, 2016 by Global Ganja Report and tagged , , , , , .

ColombiaColombia has launched an ambitious initiative to provide a legal market for peasant cannabis cultivators, supplying a new facility that will produce extracts for the Israeli medical market. This week, the company One Colombia, which now produces coffee infused with medicinal herbs, broke ground on the plant at the highland town of Corinto, in the southern region of Cauca, Vanguardia newspaper reports. With an investment of $1.5 million from Israeli partners, the plant is projected to produce 300 tons of oil extracts annually, from 10 times as much "primary material"—all provided by local small producers.

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