Is this the next state to legalize marijuana? Some state lawmakers hope so.

Are ganjapreneurs going after healthy-living as a new marijuana marketing tactic?

Mettrum Health Corp. (MT) will acquire Bodystream.

For the last two years, CEO of Mettrum, Michael Haines has been working with Bodystream, a network of medical cannabis clinics. After seeing Bodystream’s ability to scale while still maintaining professional integrity, Mettrum announced that they would acquire Bodystream and their 14 clinic locations across Ontario. Bodystream has approximately 6,000 active patients.

Analysts Predicting a 58% Gain for this Leading Cannabis Biotech

The cannabis industry is loaded with dozens of biotechs.

For example, if you take a look at the North American cannabis sector, you’ll see that the field is littered with biotechs such as Axim Biotechnologies (OTC: AXIM), Cara Therapeutics (Nasdaq: CARA) and Insys Therapeutics (Nasdaq: INSY).

These companies are aggressively searching for a cannabis-based medicine to treat some of the worst diseases plaguing humankind, including cancer, epilepsy, and HIV. Continue reading “Analysts Predicting a 58% Gain for this Leading Cannabis Biotech”

Marijuana Businesses Pay Taxes, but Many Don’t Have Bank Accounts

It’s now legal to use marijuana, medically or recreationally, in 28 U.S. states. But many cannabis businesses still can’t access the banking system — and that has repercussions far beyond where dispensaries store their cash.

Marijuana remains illegal to buy, sell or possess under federal law. And because most banks are insured by the Federal Deposit Insurance Corporation (FDIC), they must comply with federal law. Continue reading “Marijuana Businesses Pay Taxes, but Many Don’t Have Bank Accounts”

Marijuana Business Executives Offer Advice In A Time Of Political Uncertainty

President Trump voiced support for medical marijuana and states’ rights during his campaign, but Jeff Sessions, his pick for Attorney General, has opposed legalization, and will have the power to enforce the federal drug laws that could send people to prison. This political uncertainty adds a new level of risk to entrepreneurs who already operate in an evolving landscape that requires flexibility and creativity. Continue reading “Marijuana Business Executives Offer Advice In A Time Of Political Uncertainty”

Marijuana Legalization Around The World: Who’s Next?

On Tuesday, Benzinga published an article where cannabis industry experts shared their thoughts regarding the legalization of recreational marijuana in Canada. But, America’s hat is not the only country considering legalization measures. Continue reading “Marijuana Legalization Around The World: Who’s Next?”