Month: January 2019

Man shot during armed robbery at East Vancouver dispensary Stepping Stone Holistic Living

Stepping Stone Holistic Living, a cannabis dispensary on Kingsway, was robbed at gunpoint by 2 masked men just after 5 pm on Sunday, Jan. 27. During the robbery, a male bystander, who the Vancouver Police Department called a customer, was shot, and the 32-year-old man was taken to hospital with “non-life-threatening injuries”. According to a […]

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Source: https://cannabislifenetwork.com/man-shot-during-armed-robbery-at-east-vancouver-dispensary-stepping-stone-holistic-living/…

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Grow Tech Labs creates Co-Op for Small Cannabis Producers and Processors in BC

VANCOUVER, British Columbia, Jan. 29, 2019 (GLOBE NEWSWIRE) — Grow Tech Labs (GTL), a Cannabis Business Accelerator, announced the development of a co-operative for small cannabis producers and processors in BC to help maintain the province’s historic position as a global cannabis leader. In partnership with Victory Square Technologies (CSE:VST), Grow Tech Labs is inviting small cannabis […]

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Source: https://cannabislifenetwork.com/grow-tech-labs-creates-co-op-for-small-cannabis-producers-and-processors-in-bc/…

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Expert Joints LIVE on CLN – Delush-ious

This week Craig welcomes the delicious CBD folks from Delush CBD to the show, and Tha Big Puffa brings new music for Dab Time. He’ll also get a few Grow Tips, and Puff Puff Pass It Along too. Join Craig Ex every Thursday at 4:20 PM PT from #Studio710 for another episode of “Expert Joints LIVE!” […]

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Source: https://cannabislifenetwork.com/expert-joints-live-on-cln-delicious-delush-cbd/…

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Opening a Cannabis Dispensary? 4 Fully Baked Strategies for Maximizing Your ROI

Cannabis dispensaries share many characteristics with companies in other industries, so they can use the same basic financial and management strategies in most cases. However, dispensaries and other enterprises related to cannabis face a few challenges and opportunities that members of other industries don’t. While there is a lot of potential profit in cannabis production […]

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Source: https://cannabislifenetwork.com/opening-a-cannabis-dispensary-4-fully-baked-strategies-for-maximizing-your-roi/…

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California still has a major problem with black market cannabis

It’s been a year since the California State Legislature passed the legislation legalizing recreational cannabis, however the black market is still more tempting to the everyday user than the legal one.

Around this time last year, residents of California were celebrating legalization of recreational cannabis by lighting up on the streets.

The regulators in California made sure that all those growing illegal cannabis had time and incentives in order to move into the legal system.

Processors and retailers were given time to move towards legally produced cannabis by summer and at one point a huge glut of cheap illegal cannabis was sold for $1 per gram.

You could literally buy an ounce of “legal weed” for 30 dollars because retailers were trying to sell as much as they could, otherwise they’d have to dump all the stuff they had in stock in just a few days.

The combination of those things led to the unexpectedly low numbers in the financial department, and the legislators in California need to do something about it as soon as possible.

Taxes came in short

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Proposing Practical Regulations for Edibles

Health Canada’s 10 mg limit per package for edibles will be creating many limitations. Medical cannabis patients, at the very least, should be granted other options. Like individually portioned edibles, but not individually packaged. In fact, this should be a model for all edibles. Although, a further solution exists. Reading through the Cannabis Act many months ago, my […]

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Source: https://cannabislifenetwork.com/proposing-practical-regulations-for-edibles/…

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Supreme Cannabis’ 7ACRES Facility Approved for Additional Production Capacity

7ACRES receives Health Canada approval for approximately 30,000 sqft of additional production space. Licensed space at 7ACRES increases to 120,000 sqft and target annual production capacity is expected to increase to approximately 17,500kg. 7ACRES also received Health Canada approval for its plant micropropagation space. Supreme Cannabis anticipates further Health Canada approvals in the near term. […]

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Source: https://cannabislifenetwork.com/supreme-cannabis-7acres-facility-approved-for-additional-production-capacity/…

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Organigram Reports Record Net Revenue of $12.4 Million

Net revenue growth due to first shipments of adult-use recreational product during the period Consists of gross revenue of $14.4 million less excise taxes and returns of $2.0 million Adjusted Gross Margin (a non-IFRS measure)1 equal to $8.8 million up from $1.6 million in prior quarter Cash cost of cultivation (a non-IFRS measure)1 equal to $0.56/dried flower […]

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Source: https://cannabislifenetwork.com/organigram-reports-record-net-revenue-of-12-4-million/…

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Is Medical Cannabis a “Miracle Drug”? You Might Be Surprised…

medical cannabis

What gets lost in all the talk about the recreational legalization of cannabis is the reason we got here in the first place: the health benefits of medical cannabis.

Many people have mixed feelings about medical cannabis – and for good reason. For decades, marijuana has been lumped together with “the drug culture” which includes heroin, cocaine, and other hard drugs. Now it is legal, yet some still associate it with the seediness of other drug use. Even medical cannabis, in the United States especially, is often prescribed with a wink.

Medical Cannabis Can Treat Many Medical Conditions

Medical professionals hate to use the word “miracle drug” for good reason. That places it in the same category as fantastical stories from the Fountain of Youth or cure-alls.

But cannabis does have many medical uses, even if they aren’t all completely understood. For real sufferers of certain diseases and health conditions, medical cannabis can help where other medications have not. Scientifically, the concept of plant-based medications occurring naturally is not a stretch – many of today’s pharmaceuticals are derived from …

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The American Dream turns Cannabis Green

The American dream: a business of your own, success, family, going all the places you want to and doing all the things you love. Aww, what a life that would be. For many people, this notion is but a dream. Owning a business of their own is a costly venture. Plus, there is no guarantee […]

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Source: https://cannabislifenetwork.com/the-american-dream-turns-cannabis-green/…

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