Industry

Cannabinoids Exert Neuroprotective Effects

Lab tech growing plants

An abstract published in this month’s issue of the journal Experimental Eye Research found that cannabinoids may delay retinal degeneration in those with retinitis pigmentosa, an eye disease that often causes blindness. “Cannabinoids have been demonstrated to exert neuroprotective effects on different types of neuronal insults,” begins the study’s abstract. According to researchers, the goal of the study was to ...

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$100 Million Marijuana Fund

Cannabis truck and store

High Times, a New York publication that has covered the marijuana scene for decades, has launched a private fund expected to boost Colorado’s newest industry. The HT Growth Fund plans to raise $100 million over the next two years to invest in cannabis-related businesses, starting with Colorado, according to a company spokesman. “What we are looking to do is provide ...

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MBAs Join the Cannabis Industry

graduate using water pipe

An optimistic breed of MBAs see opportunities in the nascent legal marijuana industry, and they think future B-school graduates should join their ranks. Firms such as ArcView, an investment firm in the industry, believes the upside is just too big to ignore. ArcView estimates that the market for legal marijuana will hit $2.34 billion this year and opines that cannabis ...

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Uruguay Gov to Teach Hemp Cultivation

Woman cultivating plants in garden

Last December, Uruguay became the first country to legalize the sale of recreational cannabis. Now, in an effort to curb black market trafficking, the country has launched cultivation training courses. The courses will cover initial seed germination, harvesting techniques, curing, and information on how to prevent pests and provide proper fertilization. Citizens will be able to purchase up to 40 ...

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Obama Tells Federal Prosecutors To Chill

President Barack Obama speaking at rally

President Barack Obama said Thursday in an interview with CNN that the federal government does not have the resources to prosecute casual users of marijuana in Colorado and Washington, two states where it has been legalized for sale. “The Department of Justice, you know, under Eric Holder, has said that we are going to continue to enforce federal laws. But ...

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Hemp Legislation In The News

U.S. flag with hemp imprint

An omnibus federal farm bill approved by Congressional negotiators includes a hemp amendment that was approved by the House on January 29, 2014. The hemp amendment does not make hemp production legal, but it does allow for research on industrial hemp by universities and state agriculture departments in 10 states that have approved hemp production: California, Colorado, Kentucky, Maine, Montana, ...

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Hemp, Inc. (OTC:HEMP) has announced that it has signed a Letter of Intent with VaporBrands International, Inc. (OTC:VAPR)

Hemp, Inc. stock symbol

The companies will develop and distribute vaporizers. The vaporizers will be sold through medical marijuana dispensaries, in some states, and through outlets for electronic cigarettes, in other states. Hemp, Inc. claims to have a consulting division whose mission it to “evaluate other public companies business plans.” Hemp, Inc. will also assist VaporBrands expand the retail distribution of its current and ...

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What is the problem with growing hemp in the US?

Field of hemp

Grown commercially in Canada since 1998, hemp has become one of the most profitable crops for farmers north of the U.S. border. While American farmers often net less than $100 per acre for soy and corn, Canadian farmers net an average of $250 per acre for hemp. To date, thirty-two states have introduced pro-hemp legislation and ten states have defined ...

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Cannabis and Banking

Hemp bags stamped with dollar signs

Attorney General Eric H. Holder Jr. said last Thursday that lawful marijuana businesses should have access to the American banking system and that the Federal government will be offering new rules for banks. Dependable access to bank accounts will change everything in the cannabis industry. Giving banks a green light to accept deposits and provide other services means the effective ...

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Full Disclosure Needed in the Publicity-Traded Cannabis Industry

Sheet of a hemp on a background of money

Share values of publicly traded cannabis stocks have climbed dramatically this year. Excitement over Colorado’s new law as pushed up the price of all cannabis-connected shares to unprecedented levels. Only a year ago the market enjoyed similar sudden ebullient demand. That ended badly as most stocks in the sector lost at least half their peak value in 2013. Here are ...

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