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Category: Videos | Posted on Thu, October, 5th 2017 by THCFinder


Florida Will Not Meet The Deadline for Medical Marijuana Licenses

Category: Medical Marijuana | Posted on Thu, October, 5th 2017 by THCFinder

According to reports, Florida will not meet the deadline for medical marijuana licenses. In light of this news, residents are becoming increasingly frustrated. Considering the constant delays and limitations of their state’s medical marijuana program, their feelings are justified.

After months of waiting, officials have announced that new medical marijuana growers will not be receiving their state-issued licenses to cultivate their crop. And therefore, they will not be able to sell it on time. 


As outlined in an amendment passed earlier this summer, Florida health officials were supposed to distribute 10 medical marijuana licenses by Tuesday, October 3 to growers.

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Colorado drags down national marijuana prices in first half of 2017

Category: News | Posted on Thu, October, 5th 2017 by THCFinder

The price of a pound of legal marijuana continues to plummet in 2017, according to a new report tracking the commodity’s U.S. spot price index.

Wholesale cannabis prices dropped 18.6 percent nationwide in the first half of 2017, with Colorado prices dropping by up to 40 percent compared to the first half of last year, according to Cannabis Benchmarks’ “2017 Mid-Year Wholesale Market Report.” Similar to commodities like gold and oil, the Denver-based independent price reporting agency tracks spot prices — the current value in the marketplace at which an asset can be bought or sold for immediate delivery.

Despite the overall decline, marijuana prices showed “remarkable” stability considering last year’s price volatility and recent political uncertainty, the analysts found. For the first six months of this year, there has only been a $150 difference between the low and high prices for legal cannabis nationally, compared to nearly $300 separating the lows and highs during the first half of 2016.

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Son of Trump’s Cabinet Member Invested Heavily in Marijuana Market

Category: News | Posted on Thu, October, 5th 2017 by THCFinder

In an ironic twist of fate, it appears a prominent member of Donald Trump’s cabinet has a strong tie to the legal cannabis industry.

Shane McMahon, the son of legendary WWE founder Vince McMahon and Linda McMahon, who runs the U.S. Small Business Administration, recently invested in a company that manufactures pre-fabricated modules for growing cannabis.

According to court documents, McMahon made a cool $500,000  investment for a sizable stake in a Connecticut-based company EnviroGrow. The start-up firm sells the modules in states where medical or recreational cannabis is legal.

Currently, 29 states and the District of Columbia have legalized cannabis for medical use, and eight of those states(Colorado, Washington, Oregon, Alaska, California, Massachusetts, Maine, Nevada, as well as DC) have legalized the plants for recreational purposes.

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