If the weed Twitterverse is to be believed, a lot of marijuana users rely on a nightly puff or two to drift off into la-la land. And surveys of marijuana users show they do indeed rely on the drug for better sleep. Unfortunately, science isn’t quite as convinced about the positive effects of cannabis on our ability to catch […]
Industry News
Update From Illinois
Those watching this space have seen commentary from High Yield about adult use legalization in emerging states such as Illinois. Having a presence in multiple markets across the country gives us a first-hand view into both mature markets and emerging markets like the Land of Lincoln. As Illinois became the first state to legalize adult […]
Playing Cannabis Catch-Up
A PhD Plant Biologist’s Plan to Modernize the Struggling Industry for the 21st Century Here we are, the inaugural year of American hemp cultivation has wrapped up. Hemp production jumped 479% following the passage of the 2018 Farm Bill, effectively making hemp (Cannabis sativa containing ≤ 0.3% THC) legal for cultivation in the US. But […]
The Cannabis Industry Has Its Own Triangle—Pressure, Opportunity, and Rationalization
Wherever money flows, misrepresentation and fraud will follow! High times are unfolding in the cannabis industry. Hot, lucrative opportunities can attract many including principled and unfortunately unscrupulous people, if your company is not diligent, you could face an infestation of selfish, shady and deceitful people. The opportunity to indulge, trick, and fraud attract many as deceit […]
Study: College Binge Drinking Down, Pot Use Up in Legalized States
It doesn’t take extensive research to know that some college students smoke marijuana and drink alcohol, but a recently published study shows students are turning to the plant over booze in states where weed is legal. Conducted by Oregon State University, the study concludes that states where marijuana was legalized by 2018, including Colorado, had a rise […]
Marijuana delivery giant Eaze may go up in smoke
The first cannabis startup to raise big money in Silicon Valley is in danger of burning out. TechCrunch has learned that pot delivery middleman Eaze has seen unannounced layoffs, and its depleted cash reserves threaten its ability to make payroll or settle its AWS bill. Eaze was forced to raise a bridge round to keep the lights on […]
One in six vaping lung illnesses linked to legally purchased THC, according to federal data
One-sixth of patients who developed lung injuries after vaping marijuana obtained the product from legal dispensaries, a new federal report says, which the Centers for Disease Control and Prevention said reinforced its current recommendations to not use THC-containing e-cigarette, or vaping, products. The CDC report is based on 809 patients in Illinois, Wisconsin and Utah who provided data […]
Marijuana delivery giant Eaze may go up in smoke
The Uber of pot is almost out of cash The first cannabis startup to raise big money in Silicon Valley is in danger of burning out. TechCrunch has learned that pot delivery middleman Eaze has seen unannounced layoffs, and its depleted cash reserves threaten its ability to make payroll or settle its AWS bill. Eaze […]
N.J. company must pay for employee’s medical marijuana, appeals court rules
In a ruling that could have far-reaching effects, an appeals court in New Jersey ruled this week that a contractor must reimburse a former employee for the cost of the medical marijuana that he uses to treat his incessant pain from a work-related injury. “This is huge. And the significance of this court decision cannot […]
Tilray® Expands Global Leadership Team with New COO and CFO
Former Revlon executive, Jon Levin, joins as Chief Operating Officer and former Molson Coors and Pharmaca executive, Michael Kruteck joins as Chief Financial Officer Current Tilray CFO, Mark Castaneda, to stay on in strategic business development role NANAIMO, B.C. – Tilray, Inc. (NASDAQ: TLRY), a global pioneer in cannabis production, research, cultivation, and distribution, announces the expansion […]
Curaleaf Holdings, Inc. Announces Upsizing and Closing of $300 Million Senior Secured Term Loan Facility
PRESS RELEASE Deal Strengthens Curaleaf’s Balance Sheet and Liquidity WAKEFIELD, Mass., Jan. 15, 2020 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced the upsizing and closing of a Senior Secured Term Loan Facility (the “Facility”) from a syndicate of lenders totaling US$300 […]
Innovative Industrial Properties Acquires Virginia Property and Enters Into Long-Term Lease with Green Leaf Medical
PRESS RELEASE Leading REIT for the Medical-Use Cannabis Industry Expands Portfolio to 47 Properties Comprising Approximately 3.1 Million Square Feet in 15 States SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that […]
The Future of Hemp is Genetics
By Vince Sliwosk, Attorney @ Harris Bricken Hemp was legalized federally just over a year ago. During the run-up, legislators from Mitch McConnell to Ron Wyden said things like “[b]y removing hemp from the federal list of controlled substances, farmers can explore the bright future of this versatile crop, found in everything from a coffee […]
CDC: More people obtain THC vapes from family, friends than dispensaries
A large majority of the people suffering from a vaping-related lung illness said they used products containing THC, and most of them obtained the products through “informal” sources, according to new federal data released Tuesday. According to the Centers for Disease Control and Prevention (CDC), obtaining products from only informal sources was substantially more common […]
Workers at the Cresco Labs marijuana grow facility in Joliet vote to unionize
Workers at the Cresco Labs marijuana grow facility in Joliet voted Tuesday to unionize, two weeks after recreational weed sales started in Illinois. Workers at the facility voted 58 to 32 to be represented by the United Food & Commercial Workers union, said Zach Koutsky, legislative and political director for Local 881 UFCW. “These workers […]
“The boom is over”: Colorado cannabis growers hope volatile wholesale market is stabilizing
After low of $759 per pound in 2018, average wholesale marijuana price now back up to $1,316 per pound Entrepreneurs who broke into Colorado’s cannabis industry at the ground level — the growers — have endured economic whiplash over the last two years as the market for wholesale flower experienced volatile swings in price. The […]
EXMceuticals Inc. names Paulo Martins as Chief Executive Officer for Portugal operations
PRESS RELEASE VANCOUVER, British Columbia, Jan. 14, 2020 (GLOBE NEWSWIRE) — EXMceuticals Inc. (CSE: EXM) (FSE: A2PAW2) (the “Company” or “EXM”), a producer of cannabis extractions and refined ingredients for the pharmaceutical, nutraceutical, therapeutical and cosmetic industries, has appointed Paulo Martins as Chief Executive Officer and Country Director of its operations in Portugal. “We are fortunate to […]
Major pot production facility to vote on unionizing
About 100 workers at Cresco Labs in Joliet are eligible to vote today in an early test pro-labor provisions in Illinois’ weed law. Will other pot employees follow? Count organized labor among those who see opportunity in the recreational weed business. About 100 of the 130 workers at a Cresco Labs cultivation facility in […]
