Celebrities who flaunted their pot smoking for decades when it was taboo are now cashing in on the legal cannabis boom.
GCH Inc., a Colorado firm that markets country music legend Willie Nelson’s brand of weed, said on Wednesday that it has raised $12 million to expand beyond its current market of Colorado, Washington, Nevada and Oregon. That brings its total funding to $29.5 million. Earlier this month, a private equity firm backed by billionaire Peter Thiel said it has amassed $200 million for its cannabis portfolio, which includes the official brand of the late reggae star Bob Marley.
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An estimated 321,000 Americans now work in the legal cannabis industry, outnumbering the country’s dentists, paramedics and electrical engineers. After a year on the front lines, Jason Zvokel traded in his 15-year career as a Walgreens pharmacist for a different kind of drugstore: a marijuana dispensary. Now instead of administering vaccines and filling prescriptions, he’s…
Legislative negotiators and leaders have agreed on a draft of medical marijuana legislation, and are anticipated to ask Gov. Tate Reeves as early as Friday to call the Legislature into special session, sources close to the negotiations said Thursday. Legislative leaders on Thursday released some details of the proposal — which had been kept close…
It’s been a long four years for Florida’s Black farmers. In 2017, the Legislature passed a law that created the modern Florida medical marijuana industry. It set steep barriers to entry. It limited the number of licenses the state could award to companies. By no later than Oct. 3 of that year, a new marijuana…
MONSON — Holistic Industries is battling a mold problem at a marijuana growing facility here that supplies cannabis to recreational and medical retailers. Reacting to complaints from employees, the Monson Board of Health has called for an immediate inspection of the 96 Palmer Road facility, in concert with state regulators. The mold infestation has not…