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Marijuana Commerce Blossoms, But Challenges Abound

Category: Medical Marijuana | Posted on Sun, August, 23rd 2015 by THCFinder

As marijuana prohibition falls in one state after another, cannabis sales are shifting from street corners to storefronts as opportunists line up to cash in on what optimists say is the biggest investment opportunity since the dot-com boom of the turn of the century.

Investors of all varieties are starting to look at marijuana as less of a stoner's fad and more of a serious business venture. The industry totaled $2.66 billion in U.S. sales in 2014, up 74 percent from $1.53 billion the year before, according to the ArcView Group, a cannabis industry investment network.

Business insiders said they expect the market to expand to many times its present size as more states legalize marijuana for both medical and recreational use.

Already the cannabis trade has not only brought in millions for dispensary owners and cultivators, it's also created a thriving ancillary market, driven job growth and boosted property values, marijuana advocates claim.

Read More:http://www.nbcnews.com/storyline/legal-pot/dotcom-2-0-marijuana-commerce-blossoms-challenges-abound-n414036


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What strain are you smoking on today?

Category: Fun | Posted on Sat, August, 22nd 2015 by THCFinder


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Unlicensed Marijuana Stores Grow Like Weeds in LA

Category: News | Posted on Sat, August, 22nd 2015 by THCFinder

LOS ANGELES -- Graffiti-tagged buildings, barricaded doors and iron-barred windows mark nearly every block of Avalon Boulevard as it cuts through the predominantly Hispanic neighborhood of Wilmington, 20 miles south of downtown Los Angeles.

The streets are lined with small mom-and-pop shops - clothing stores, a piñata shop, garages and small, family-owned restaurants - and a clutch of illegal medical marijuana dispensaries, some located within feet of each other.

Other nearby dispensaries are shuttered with signs announcing 'closed,' 'for lease' and 'for rent' - the result of the city's most recent attempts to close the door on L.A.'s robust illegal medical marijuana industry. But when one dispensary closes, it usually opens somewhere else, police say.

Passed by California voters nearly two decades ago, but absent statewide regulation, the legalization of medical marijuana has spawned a vast network of illegal dispensaries and wide disparities over how businesses are monitored across the state- if they are at all.

Read More:http://www.nbcnews.com/news/us-news/unlicensed-marijuana-stores-grow-weeds-la-n412541


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Cannabis World Congress And Business Exposition Is Coming To L.A. Next Month

Category: News | Posted on Sat, August, 22nd 2015 by THCFinder

world cannabis congress and expoThe Cannabis World Congress & Business Exposition (CWCBExpo) is taking place September 16-18, 2015 at the Los Angeles Convention Center in Los Angeles, CA. CWCBExpo in LA is sponsored by the International Cannabis Association (ICA) and will be the leading event on the West Coast providing the latest information, resources and tools for producers, processors, dispensary owners, healthcare professionals, investors, lawyers as well as cannabis entrepreneurs.

Following a successful June educational and trade show forum in New York that had more than 2,000 attendees, CWCBExpo in LA will offer a comprehensive conference program with the best minds in the medical, legal, financial and product development fields. The educational program will provide unmatched insight on what is needed to succeed in this rapidly changing and growing industry including in-depth workshops on September 16th that cover:

  • Cannabis Careers and a Job Fair
  • Certification in Opening a Cannabis Business
  • Investor BootCamp & CannaPitch
  • Pre-Certification for Doctors & Nurse Practitioners

In addition, conference sessions on September 17-18, will focus on tracks that will provide the full spectrum of business success including sessions for entrepreneurs, growing and sustaining a cannabis business, insight into what’s ahead and what’s next for the industry, and direct access to thought leaders and innovators.

Read More:http://www.theweedblog.com/cannabis-world-congress-and-business-exposition-is-coming-to-l-a-next-month/


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