Category Archives: Marijuana Industry

Medical Marijuana Growing Tips

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8Are you new to the marijuana industry? Could you use some tips on the marijuana growing process? The following tips are meant to help you as you get started. The goal is to grow the most potent marijuana that is legally possible – a successful product. In order to do this, you need to have a wealth of information at your disposal concerning marijuana seeds, germination, marijuana plant sexing, hydroponic techniques, indoor cultivation, outdoor cultivation, etc.

  • Changing your grow lights is an important task to complete on a yearly basis. Why? If you don’t, the color spectrum effectiveness will lessen over time.
  • Don’t be afraid to experiment with fertilizers in your grow garden. Doing this will confirm which fertilizer works best for your plants and therefore for your entire garden.
  • Don’t overlook important small details, such as using Ph meters if you are growing hydroponic marijuana. It is crucial in this case to have the correct measurement.
  • Allow your plants to have time and space. If your grow room is in the middle of the night cycle, be sure to led the plants have time on their own.
  • Sterilization is not just for the hospitals. Be sure to sterilize both your clippers and your scissors. Wash your hands regularly as well to cut down on the bacteria and fungus – it is very easy to contaminate your grow room. This point is so crucial that some growers have taken sterilization even further by using a fungicide on seeds both before and during the germination process.
  • Make sure to fulfill your cannabis plants need for fresh air. Like any other being, these plants thrive when they have a routine. Providing adequate ventilation cycles will not only help increase your plants growth rate but also speed the maturity process.

Are you ready to get your foot in the door in this industry? Have you already begun, but have encountered the obstacle of finding a payment process provider that is reliable, reputable and safe? Finding medical marijuana payment processing is not easy with the industry labeled as “high risk”.

With marijuana-merchant-account.com, you will not only find a marijuana merchant account that is suited to your needs, but you will also find an application process that is simple and hassle free. Upon approval, you can expect to receive your funds quickly and without the endless, tedious documentation requirements.

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Marijuana Glossary Terms

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medical marijuana payment processingNot sure about some of the terms floating around the cannabis industry? What are “edibles”? What is “indica”? This glossary of terms will broaden your understanding of the jargon of the medical and recreational marijuana industry.

Backcross (BX) – this term is used for a hybrid plant that has been bred with one of its parents; this is done in order to create offspring that is closer to the original parent. Doing this maintains rarer strains and can strengthen the ones that have desired recessive genes.

BHO – BHO stands for butane hash oil. It is a potent concentrate of cannabinoids; this concentrate is made by dissolving marijuana in its plant form in a solvent. When this is done, it results in a very high THC level product.

Cannabinoids – cannabinoids are chemical compounds unique to cannabis. They act upon the body’s receptors to produce various effects such as pain relief; thus, the medical beneficial uses of marijuana.

Cannabis – cannabis is a plant genus that produces three species of flowering plants. They include “Cannabis sativa”, “Cannabis indica” and “Cannabis Ruderalis”.

Co-op – this term is short for cooperative. It refers to a community of patients or consumers that have joined together to share/receive marijuana.

Cross (genetics) – a cross occurs when two entirely different plant strains are bred together.

Dab/Dabbing – this term is a slang term and refers to a dose of BHO, which is received through butane combustion and inhalation.

Edibles/Medibles – these are edible goods that have been medicated – infused with cannabis extracts. These goods include (but not limited to) cookies, brownies, flavored coffee drinks, bread and candies.

Flowering Time – this term refers to the amount of times it takes a plant to produce mature flowers.

Heirloom – heirloom refers to a cannabis strain taken from it native homeland and propagated in a new location.

Hybrid – a hybrid is a plant that has been genetically crossed between one or more separate strains of cannabis.

Indica – is taken from the scientific cannabis indica. This species is known for its relaxing physical effects and sedative quality. Its origin is the Middle East and Asia.

OG – this term is used to describe many strains; most OGs are different variations of the original OG Kush genetics.

Pre-roll – this term refers to a pre-rolled marijuana cigarette.

Shatter/Ice – these terms are sometimes used to refer to BHO.

Tincture – this refers to a liquid cannabis. It is usually made with either alcohol or glycerol and dosed with a dropper. It can be placed under the tongue or mixed into a drink.

Vaporizer – this term refer to a device used to consume marijuana. The device heats flowers or marijuana infused oils to a point where a cannabinoid-laced vapor is produced to inhale.

Are you in the process of learning more about what is involved in opening your own marijuana business? Are you unfamiliar with how to find funds to begin such a venture? Are you concerned with the “high risk” element associated with this industry?

Fortunately, there are providers out there that are willing to work with you. In fact, there are providers that offer medical marijuana payment processing despite the “high risk” aspect of the industry. With marijuana-merchant-account.com, the process to apply for a medical marijuana merchant account is fast, simple and hassle free.

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How to Open a Marijuana Dispensary in California

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medical marijuana payment processingThere is a fine line that must be followed for those who wish to open and operate a medical marijuana dispensary in the state of California. From a legal standpoint, it is a very risky venture. On the federal level, marijuana is still illegal. It is still listed and classified as a “Schedule I” substance; this means that the drug has a high potential for abuse and/or no currently accepted medical use in the United States.

Thus, even if you are operating in a proper, business-like manner in growing, cultivating or distributing, you are still violating federal law. If you are determined to open a marijuana dispensary in California, you must prepare yourself wisely by considering several issues and implicating certain measures.

In order to open a dispensary there are certain specific steps you must research and be aware of so that you are in accordance with California law.

  • Your business must have the classification of being a non-profit organization,
  • You must make sure that you follow state and local protocols required of any new business,
  • And be sure to form and maintain good relationships with state and local government as well as any law enforcement agencies.

The last thing you want to do is fail to abide by any rules and violate California’s marijuana laws. Some of the laws you could be guilty of breaking are possession of marijuana, possession of marijuana for sales, sales of transportation of marijuana or cultivation of marijuana.

Failure to adhere to laws could land you in federal court and subject you to federal prosecution. There really isn’t a specific legalization that recognizes medical marijuana “dispensaries”. It is the MMP that grants authority to “co-ops”.

According to Shouse Law Group, the “California Health and Safety Code 11362.775 states that medical marijuana patients and primary caregivers may ‘associate within the State of California in order collectively or cooperatively to cultivate marijuana for medical purposes’”.

The strict guidelines and requirements that must be followed in order to comply with state legislation include:

  • Filing articles of incorporation under the Corporations or Food and Agricultural Code.
  • Obtaining and using the proper forms.
  • Regulating your membership to prove compliance with state regulations.
  • Carefully regulating that you are only buying and selling marijuana from members.
  • Complying with the status of “non-profit” by being mindful of your sales prices.
  • Carefully tracking your marijuana to prevent potential criminal liability.
  • Establishing security practices to keep things as “neighborhood friendly” as possible.

If opening up a dispensary in California is something you’re interested in, be sure to consider every law, regulation and detail. Finding funds and payment processing can be difficult still, even with the legalization that has occurred in some states. With marijuana still illegal on the federal level, traditional financial systems continue to be wary of aiding any medical marijuana business.

Fortunately, there are payment processing providers out there that are willing to work with businesses that are considered “high risk”. They offer safe and efficient payment processing solutions. With marijuana-merchant-account.com, these services are provided without the endless documentation – the process is fast, simple and hassle free. Consider applying for a marijuana merchant account today.

Let us help you open your dispensary today!

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Medical Marijuana Breeding just as Attractive as Growing

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medical marijuana payment processingDespite the use of marijuana still being illegal on the federal level, businesses still continue to grow and prosper under the legalization of the substance in some states. Some growers have gone as far as beginning to breed. Breeding is becoming just as important and attractive in the industry as growing.

According to High Times writer, Harry Resin, a grower located in Amsterdam has been involved in marijuana growing for some time. This grower, Soma, began breeding in Florida as early as 1974. The warm temperatures of Florida seem to help the growing process immensely.

So far, Soma has been able to harvest seeds of his own after planting many different varieties. The seeds he has used include Thai, Laotian, Asian, Afghan and Cambodian. He has discovered that crossing two plants results in a stronger and more potent product than its parents. Even better, these plants yielded larger buds that were also frostier.

For many, the breeding aspect of cannabis has become more exciting and addicting than the harvesting part of the business. There are several breeding tips you should consider, in light of the experiences of breeders and growers like Soma:

  • Be sure to double check the seeds. When you receive a pack of seeds, be sure that you check and determine approximately when they will be finished.
  • Be careful not to make watering mistakes. Over watering is a beginner’s mistake in this business and will definitely cost you dearly.
  • Over fertilizing is also a mistake that is made often. When this happens, the whole crop of perfectly good seed can be ruined.
  • When in doubt, let it flower longer. Even if you feel that the buds look ready, it is very easy to pick them too early. By waiting a week longer, you are more likely to pick them when they are at their maximum yield and flavor.

Are you one of the many entrepreneurs seeking to enter the medical marijuana business? Have you begun the process of growing and harvesting? If you have, you’ve probably also discovered how difficult it can be to secure funds and safe payment processing in this industry. Things have come a long way for medical and recreational marijuana, but there are still many obstacles to overcome.

With marijuana-merchant-account.com, you can expect to receive your funds quickly and hassle free. Spend more time refining your skills and less time worrying about paperwork and how you can make the purchasing experience stress free for your customers. Medical marijuana payment processing could be the answer you’ve been looking for.

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Congress Ends the Ban on Medical Marijuana

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Marijuana Merchant ProcessingA provision made in the 1,603 page Federal Spending measure that was approved in December 2014, effectively ends the federal government’s involvement in state legal medical marijuana laws. This is the first time in history that Congress has allowed this change, ringing in a major shift in drug policy for the year 2015.

The Congress passed this measure due to this year’s large number of Republican Party votes. It is the first time in history that Republicans and Democrats had a favorable vote to legalize marijuana. The measure stops the Department of Justice and the DEA from intervening with states that authorize medical marijuana use, cultivation, distribution or possession. It would also prohibit the FDA from raiding retail operations in the 32 states and Washington D.C. where marijuana is legal under medicinal purposes.

Republican Rep. Dana Rohrbacher, a notable figure in the Republican Party’s advocate to legal marijuana states, “The first time in decades that the federal government has curtailed its oppressive prohibition of marijuana”. The major push for the bill, would also appeal to the new millennial voters as Election Day comes around the corner. Even with the new law passed, the DEA remains to classify marijuana in the same drug class as cocaine, heroin, LSD, and ecstasy.

Many Republicans are shifting from their traditional anti-drug stance to gain voters that live in states where medical marijuana is legal, mainly in part to ballot measures. Statistics show that Republican votes will be less than the majority of the public to support legalization of marijuana, but as a large appeal to millennials, the Republican Party are focusing on creating inroads with them.

The approval of the marijuana measure has made the selling and buying of marijuana safe under state laws. If you live in a state that allows medical marijuana use, now would be the appropriate time to open a marijuana merchant processing account to start accepting payments for your shop. Marijuana-merchant-account.com has industry knowledge on setting you up with the lowest rates and fast, easy-to-use programs to start processing credit/debit cards.

It has been a large part to the Obama administration for directing federal prosecutors to stop enforcing drug laws that contradict state policies. The federal raids of legal marijuana operations have been limited to those who have been accused of other violations such as money laundering. With the new marijuana law in place, money spent on crime enforcement and be focused elsewhere that needs attention.

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Marijuana industry creates new job sector with an estimated 200,000 jobs

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OLYMPUS DIGITAL CAMERAThe Marijuana industry will create an estimated 200,000 jobs by the end of 2015, with a forecasted $21 billion in revenue by the year 2020. The marijuana legalization measure passed in December 2014 will bring safety for those interested in working in the marijuana business. New employees are hired every day as the marijuana industry continues to grow.

With the new Federal spending bill that was passed, Marijuana operations are free from FDA and DEA raids as long as they abide by state laws. This is a monumental step towards more people feeling confident working in the marijuana industry. The estimated 200,000 new jobs that will be created should help the influx of college graduates and cannabis entrepreneurs looking to grow their business.

Benefits of the medical marijuana can be more widely available as more operations will be opening up throughout the legal states. The estimated $21 billion in revenue will surely bring in the much needed tax dollars. Progressive times are evident as the cultural shift towards cannabis acceptance is happening before our eyes.

The new and growing marijuana industry clearly forecast an upwards climb in sales as new grow operations have received the green light to grow without FDA or DEA interruption. Depending on the demand, the industry could actually be worth more than the estimated figures by 2020. If you are interested in getting into the industry make sure to get the proper marijuana business funding to start your business. At marijuana-merchant-account.com they can help you with all the necessary funding to buy supplies and materials to get your business up and running. With industry specific knowledge, they can help you with all your marijuana needs.

The marijuana industry is without a doubt a growing industry. California is suggested to be worth $31 billion in cannabis, which is a huge return in tax dollars. With the new marijuana bill in place, time will tell exactly how many new jobs and revenue will be created. As of now, this is the best time to revel in the new changes and the opportunities it will bring.

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Minnesota Chooses Who will have the First Coveted Grow Licenses

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high risk marijuana merchant servicesOn May 29th, Governor Mark Dayton signed a bipartisan medical marijuana proposal that made Minnesota the 22nd state to exempt certain sick individuals from receiving penalties for using marijuana with a doctor’s certification. The medical marijuana laws are strict in that they prohibit smoking of the drug; it can only be consumed via a manufactured pill or in oil form.

Other steps for the industry have been taken in the state of Minnesota. The grow licenses for the state have become extremely coveted. On the first of December, Minnesota’s state Department of Health handed out the grow licenses to LeafLine Labs and Minnesota Medical Solutions (MinnMed).

LeafLine is operated by the owners of Bachman’s Floral Gift and Garden Centers in Minnesota. MinnMed works with People’s Choice Medica which is a cannabis consulting firm based in Denver Colorado. Both companies will be providing services to 5,000 patients in the state of Minnesota.

Ten hopeful producers had been awaiting the decision of who would be lucky enough to receive the licenses for the state’s first two legal producers of medical cannabis. The material grown by these two producers will be sold in “distribution centers”. However, before more dispensaries can be built throughout the state, these companies will have to win the approval of locals. If all goes well, Minnesota’s medical marijuana patients will have access to these product by July 1st.

At the moments, the companies have the huge task of developing new, massive grow facilities for their up and coming businesses. As the state continues to become comfortable with idea of the industry moving in, more opportunities will be opening up.

Business will need to have safe payment processing options. The industry is still considered high risk, so the need for safe, secure and legal options is even more important. High risk marijuana merchant services with Marijuana-Merchant-Account.com allow you to offer your patients means to pay with their credit card, debit card or savings account. Take advantage of their payment processing solutions for both retail and delivery dispensaries.

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