Category: cannabis business

Why Do Charities Refuse Donations from Cannabis Businesses?

Getty State and local governments in legal states such as Colorado are happy to collect the millions of tax dollars that come from the thriving marijuana industry. By all economic analysis and account, this should only continue to increase. As with any other industry, many successful businesses want to give back to their communities in order to help improve the quality of life for everyone. Whether it’s large donations to schools and hospitals, or contributions to small town Chambers of Commerce, giving to charity feels good and is an important business expense. Unfortunately, giving to charity is proving to...

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Douglas H. Leighton Joins BudTrader.com as an Investor and Advisory Board Member

Pro-Cannabis Industry Icon to Advise and Mentor BudTrader.com CEO Brad McLaughlin SAN DIEGO, Aug. 2, 2017 /PRNewswire/ — BudTrader.com, the nation’s largest online platform for the legal cannabis industry, is pleased to announce that Douglas H. Leighton has joined them as an investor and an advisory board member. Douglas H. Leighton, a seasoned industry expert in both capital management and business development in the cannabis sector, was appointed to the board in an effort to grow BudTrader.com within the cannabis sector and to advise in structure and market expansion. “As an investor and member of both ArcView and NCIA, Mr. Leighton brings a wealth of experience...

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California Bill Would Ban Advertising and Branding by Cannabis Businesses

Getty One of the most controversial subjects in states that are preparing to implement a newly legalized cannabis industry is how to handle restrictions on advertising. The idea is to restrict the potential of inadvertently advertising to minors, while still allowing businesses reasonable ways to market their products and brands. In California, a bill was introduced last month that would severely restrict small cannabis businesses’ ability to advertise or brand themselves at all. The bill was introduced by Senator Ben Allen, and has unfortunately received complete support from lawmakers so far. Senate Bill 162 has already received a unanimous...

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