Are Cryptocurrencies Going to Solve the Marijuana Industry’s Banking problem?

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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Why Women Entrepreneurs are Struggling in the Cannabis Industry

women in cannabis industry

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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Can California’s Legal Marijuana Market compete with the well-established Black Markets?

California’s welcome board

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.

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Is It Too Late to Get Into the Green Rush?

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?” Continue reading “Is It Too Late to Get Into the Green Rush?”

Company Profiles – Nutritional High International Inc.

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.

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Company Profiles – HempMed (MYM Nutraceuticals)

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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Curved Papers with Michael O’Malley

mike o malley curved papers

We just bumped into Michael O’Malley at the LIFT Conference, the owner and operator of Curved Papers! Michael what do you think of this year’s show and what do you think of the latest legislation announcement for cannabis in Canada?

LIFT is the best show we’ve done in Canada since we opened the company up here in 2015. In 2017, there is a heightened dialog because of the Trudeau government’s forward movement toward legalization. It’s like in The States, where a lot of the shows have been “biggest ever” since the November 8th elections, where California and others joined the pioneer states and voted in legal adult use.

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