Budd Token aims to be a blockchain-based banking solution for the cannabis industry. This has long been a pain point for cannabis companies, as they are unable to open bank accounts and can deal only in cash. Budd Token will allow these companies to accept payment in forms of cryptocurrency, while providing invoicing and distribution solutions.
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by: Ali Porras
In the past few years, the rise of cryptocurrencies and the marijuana industry have made both controversial markets practically impossible to ignore. With the two most googled economic terms in Canada in 2017 being “marijuana stock” and “the price of bitcoin”, the widespread and continuously growing public interest is undeniable. Bitcoin particularly, has been on an epic rise, soaring more than 2000 percent in value within the 2017 year. Even British Columbia approved the first registered bitcoin fund manager in September 2017. In North America, marijuana sales totaled almost $7 billion in 2016, with a whopping 30% growth rate. To boot, North American sales are projected to top $20.2 billion by 2021. Now the question everyone wants to know: Will cryptocurrencies be a part of the solution for the Marijuana Industry’s banking issue? To comprehend the answer to this, you must first have a deeper understanding of both markets. Here’s what you need to know.
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by: Ali Porras
The time many of us have been anxiously waiting for is finally here. In 2018, we are on the frontline of a movement, and it all revolves around this little miracle plant we call Cannabis. Before Cannabis was given a bad reputation and criminalized in 1937, doctors and pharmacies used Cannabis to treat a wide spectrum of ailments from anxiety and depression to chronic pain, epilepsy, and cancer. Now that the medical need for Cannabis has become hard to deny, and as recreational use becomes more of a socially accepted norm, 2018 is going to be a year to remember. By 2020 it is expected that the weed industry will create an additional 350,000 jobs. Listed below are 5 things to expect in the 2018 Cannabis Industry:
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by: Ali Porras
Starting a business in any industry is difficult. When it comes to the business in marijuana, it’s often easier for women to find connections offering to “smoke you out” rather than help you out. The year 2018 is upon us, and laws for women’s rights have been around for a while now, but sexism and inequality still linger heavily among us.
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by: Ali Porras
Either buckle your seat belt or pass the joint, the marijuana revolution has just begun!
All throughout California, thousands of people have been raving about the legalization of recreational marijuana. On November 9, 2016, Proposition 64 legalized using and growing marijuana for personal use. Soon, on January 1, 2018, Proposition 64 will permit sales and taxation for recreational marijuana. Large marijuana companies and millennials are overjoyed while many businesses within the black market are in a panic. The Adult Use of Marijuana Act, also known as California Proposition 64, introduces a whole new world of opportunities for California, but it’s important to consider how this new law will impact California on a bigger scale.
Continue reading “Can California’s Legal Marijuana Market compete with the well-established Black Markets?”
Local Austin attorney and graduate of the 2016 Austin Bar/Austin Young Lawyers Association Leadership Academy, Lisa Pittman, has discovered a unique practice niche by becoming a specialist in cannabis law. Austin Lawyer asked Pittman several questions regarding her practice area and about the recent (Texas) legislative session.
Continue reading “Austin Attorney Discovers Greener Pastures”
Today, we will be talking to Michael Harnett, an Entrepreneur and Chief Business Catalyst. Michael is an advocate of the medical cannabis industry, and supports this growing sector by matching great businesses with capital or partnerships. Thanks for joining us today Michael! Everyone is interested in jumping on the cannabis investing bandwagon, the real question is, “Is it too late?”
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Our team recently had the opportunity to interview Jim Frazier, CEO of Nutritional High. Frazier brings 26 years of high level corporate experience in the food industry, a track record of developing branded and private label programs, and profit driven results. Since starting as CEO at Nutritional High, brand vision and creativity has been top of mind for Frazier and his team. As we discuss, navigating the cannabis space has presented some challenges… but also a host of opportunities. Recently, Nutritional High’s Colorado production and extraction facility (Palo Verde) filled a large order of FLI branded vape pen cartridges for consumer sale. We have a feeling that this is just the start of a great future for this company.
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Hi I am here with David Posner, CEO of Nutritional High. Thanks for joining us. First of all great presentation and what do you have planned for Canada?
Well it’s really interesting because I am born and bred in Toronto, so we have been publicly traded in Canada, and we were the first Canadian company to start focusing in on the USA marijuana industry. Our focus started and I guess you could say we first got our feet wet starting with Canopy Growth, doing consulting on the extraction side. We started off with creating some gel caps and different forms of pills.
Continue reading “Company Profiles – Nutritional High International Inc.”
As part of our New Features section, we hope to give our readers a closer perspective into the Hemp and Cannabis industry by featuring new and upcoming companies. We will focus on giving you a snapshot of where that company is today and what they intend to do for future growth. This month’s inaugural Company Insight will look at HempMed (MYM Nutraceuticals).
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