Category: Business Development

Nasdaq Sees New Growth from Green Stocks as Cannabis Gets Rich
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Nasdaq Sees New Growth from Green Stocks as Cannabis Gets Rich

Cannabis stocks on the Nasdaq continue to rally after approval of recreational marijuana use in California, Massachusetts, Maine and Nevada. Arkansas, Florida and North Dakota have introduced medical marijuana legislature as well, joining a growing number of states adopting various forms of the law. Cannabis-related stock interest keeps climbing, from microcap to Nasdaq-listed equities. It’s...

The Growth of Legitimate Cannabis Entrepreneurship in Pennsylvania
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The Growth of Legitimate Cannabis Entrepreneurship in Pennsylvania

Pennsylvania’s local cannabis economy has exploded over the course of the last year. Entrepreneurs are filling growing consumer demand—legal or otherwise. The transitional nature of marijuana legality in the state and around the country provides enough wiggle room that smart business people who see the profitable opportunities available find ways to stake their claims, uncertainties...

Greene county approves cannabis cultivation center in southwestern Pennsylvania to create jobs and spur economic development
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Greene county approves cannabis cultivation center in southwestern Pennsylvania to create jobs and spur economic development

PITTSBURGH, March 14, 2017 /PRNewswire/ — A deal is now officially in the books, AGRiMED Industries LLC a Pennsylvania LLC, is proud to announce that it will be filing an application to the Pennsylvania Department of Health for the purpose of obtaining a license to grow and cultivate medical cannabis. The project site is south of the town...

Managing Energy Costs for Medical Marijuana Cultivation Centers
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Managing Energy Costs for Medical Marijuana Cultivation Centers

A recent report by EQ Research compares the energy required to maintain indoor cultivation operations for medical marijuana to the power grid drain caused by data centers. According to the findings published in the repot, entitled A Chronic Problem, indoor growing centers potentially boast an energy intensity of 2,000 watts per meter. In 2012, Berkeley...

PROMINENT HOSPITAL CEO JOINS EMERGING PENNSYLVANIA MEDICAL CANNABIS COMPANY, AGRIMED INDUSTRIES, LLC
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PROMINENT HOSPITAL CEO JOINS EMERGING PENNSYLVANIA MEDICAL CANNABIS COMPANY, AGRIMED INDUSTRIES, LLC

PHILADELPHIA, Pennsylvania (February 22, 2017)— AGRiMED Industries LLC, a data-driven, highly specialized medical cannabis cultivation management company, announced today the appointment of Bruce Goldman as Chief Executive Officer. Goldman will be responsible for making executive decisions that align with the vision outlined by the AGRiMED Board of Directors, maintaining and overseeing quality control, and ensuring AGRiMED’s sustainability...

ALS Patients Benefit from THC Treatment
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ALS Patients Benefit from THC Treatment

Amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s disease, is a fatal disease that degrades neurons in the human body that control movement. ALS causes the rapid progression of weakness to paralysis. Patients often do not live longer than 3-5 years after digression begins. In most cases, brain function remains intact. ALS pathogenesis is...

Study Shows THC Reduces Tumor Growth
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Study Shows THC Reduces Tumor Growth

In 2009, researchers at Complutense University in Spain found that tetrahydrocannabinol (THC)—the main psychoactive ingredient in cannabis—induced the death of brain cancer cells. This is known as “autophagy.” Previous studies have suggested that cannabinoids like THC have cancer-destroying properties. The study was a collaborative effort between by Complutense University and the University of Anglia (UEA)...

Hemp Benefits Extend to Sustainable Energy
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Hemp Benefits Extend to Sustainable Energy

T. Boone Pickens—billionaire Texas energy investor—drives a Honda Civic GX that runs on natural gas. The cost? Less than $1 per gallon, compared to the same volume cost as gasoline, which has reached $4 and averages at least double the cost of its natural gas equivalent. Pickens spoke at TED2012 in Long Beach, California. He...

Canadian Cannabis Company Surpasses CA$1B Valuation
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Canadian Cannabis Company Surpasses CA$1B Valuation

Canopy Growth Corp. of Canada has had a notable year for more than one reason. As attitudes change toward legalization of cannabis and its use in a myriad of medical scenarios, companies like Canopy are taking advantage of ever-changing legislation to establish best practices and seek massive profits where law and ethics permit. The federally...