Even though the projections for a matured legal marijuana industry are rosy, the current scenario for marijuana businesses is filled with obstacles. This post from The Columbus Dispatch delves into the hurdles, outlined by Justin Breidenbach, that marijuana entrepreneurs face today. Running a marijuana business is more than a pipe dream, says Justin Breidenbach: It’s ... Continue Reading
marijuana growers
Marijuana Legalization Coming to Ohio, But with a Big Issue
The excitement of marijuana legalization coming to Ohio, a politically and strategically important state, is getting overshadowed by a big issue. This post from Cheat Sheet reports how some real issues with the proposed Ohio law could lead to marijuana legalization going awry. In what could be a gigantic coup for marijuana legalization advocates, it appears Ohio might be the ... Continue Reading
System Being Set Up in Texas for Dispensing Cannabis Oil
Texas lawmakers have passed a law approving cannabis oil for treating seizures, but the system for selling the cannabis oil is still being set up. This post from Texas Public Radio reports how the Texas Department of Public Safety is proceeding with the rules for growing, manufacturing, and selling cannabis oil. This year, the Texas Legislature passed a law making cannabis ... Continue Reading
Colombia Farmers Opting Out After 70% Decline in Marijuana Prices
In this post from Bloomberg, Matthew Bristow reports that farmers in the remote mountains of Colombia are replacing marijuana bushes with other crops after a 70% decline in marijuana prices in the last one year: On a drug farm miles from anywhere in the central Andean mountains of Colombia, workers are digging up marijuana bushes and replacing them with avocados. They’ll ... Continue Reading
Colorado’s Marijuana Money in Limbo
In this post from Business Insider, Sean Williams discusses that the American public tends to have a more favorable view of the currently illicit drug with each passing year and how the Colorado voters will soon decide whether the state gets to keep the $58 million marijuana money it has collected or not. The marijuana industry appears to be blooming, and the American public ... Continue Reading