PRESS RELEASE Ruling sets important precedent for both California’s legal cannabis market and legal cannabis industry in America. SAN FRANCISCO–(BUSINESS WIRE)– Eaze Technologies, Inc. today announced that it obtained a complete dismissal of Williams v. Eaze, Inc., a putative nationwide class action lawsuit brought under the Telephone Consumer Protection Act (“TCPA”), by successfully enforcing the arbitration […]
Industry News
As Russian Money Poured Into Cannabis, Giuliani Allies Scrambled to Partake
Russian investors have flocked to the U.S. cannabis industry in recent years. One venture involving associates of Rudy Giuliani drew the scrutiny of federal investigators. SAN FRANCISCO — At a restaurant meeting in California a few years ago, Brad Hirsch and one of his law clients gathered over a meal with two potential business partners: […]
Lessons for the Cannabis Industry from the Dot-Com Bubble
Warnings that the cannabis industry is a bubble that is going to burst at any moment have been rampant for a few years now. News of high valuations, million and billion dollar investments and cannabis companies going public in the U.S. and Canada have stoked both excitement for potential riches and fears that it could […]
Closing the Gaps In CBD Products: Where to Focus On Consumer Understanding
Too many consumers, including those using CBD today, poorly grasp the nature of CBD, lack any precise understanding of how CBD works and what it does, and express significant concerns about safety.
‘The Big Hurt’ baseball legend Frank Thomas turns to CBD
Ex-baseball star Frank Thomas – AKA ‘The Big Hurt’ – has teamed up with the producers of a CBD pain cream. The Major League Baseball Legend and Hall of Famer says he is no stranger to pain having endured six sports-related surgeries. Thomas partnered with Eco Sciences to develop and release ECODERM that the company […]
Judge allows vaping ban to stay in place for now, but rules governor may have overstepped legal bounds
Governor Charlie Baker’s blanket ban on nicotine vaping products remains in effect but is on shaky legal ground, after a judge ruled Monday that officials likely overstepped constitutional bounds by enacting the policy before affected businesses and members of the public could weigh in. Ruling on a request from vape companies to lift the ban […]
AAFCPAs Expands Cannabis Practice with the Addition of Kevin Michaelan, MST, CPA
PRESS RELEASE Boston, MA (October 8, 2019) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, valuation, business process, and IT advisory solutions, today announced the addition of Kevin Michaelan, MST, CPA as Director, Cannabis Practice. Kevin is an experienced tax professional with a national presence in the cannabis […]
Jane Sullivan Joins Golden Leaf Holdings as Chief People Officer
PRESS RELEASE PORTLAND, Ore., Oct. 21, 2019 (GLOBE NEWSWIRE) — Golden Leaf Holdings, (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf” or the “Company”), a pioneering cannabis company with cultivation, production and retail built around recognized brands, announced the appointment of Jane Sullivan to the newly created role of Chief People Officer. Ms. Sullivan will lead the […]
Marijuana and Vaping: Shadowy Past, Dangerous Present
For years, a divisive debate has raged in the United States over the health consequences of nicotine e-cigarettes. During the same time, vaping of a more contentious substance has been swiftly growing, with scant notice from public health officials. Millions of people now inhale marijuana not from joints or pipes filled with burning leaves but […]
Gofire: Cease Use of Additives Now to Protect Patient Health and the Integrity of the Industry
PRESS RELEASE CEO Peter Calfee: “The time for this industry to lead has arrived” DENVER, Oct. 15, 2019 (GLOBE NEWSWIRE) — Gofire™, Inc., is calling on the commercial vaporization industry to cease the use of any and all additives in cartridge products, calling them unnecessary, a threat to consumer health and safety and a stain […]
U.S. ramps up testing in search of vaping illness cause as cases near 1,500, At Least 33 dead
CHICAGO (Reuters) – U.S. health officials on Thursday reported another 180 cases of vaping-related lung illnesses and announced plans to start testing aerosols produced by e-cigarettes and vaping products as they search for the source of the nationwide outbreak that has so far killed at least 33 people in 24 states. The U.S. Centers for […]
Cannabis Faces Significant ESG Risks
Industry would be wise to adopt sustainable practices from the beginning. By Jon Hale, Ph.D., CFA It’s not often that an entirely new legal industry springs up practically overnight after having been mostly illegal for decades, but that’s what is happening with cannabis today. Unlike most emergent industries, for which long-term survival cannot be […]
Some patients with vaping-related lung injuries are being hospitalized a second time
Federal health officials investigating mysterious vaping-related lung injuries said Friday that some patients are being hospitalized for a second time, a disturbing new development in the ongoing national outbreak that has spread to every state except Alaska. “We are aware of a handful of patients who have been readmitted for clinical care after discharge for […]
Are THC Edibles Being Given Out as Halloween Candy? What Do You Think?
Calm down, morons Halloween is a time for many things: tricks, treats, watching Hocus Pocus on FreeForm because you couldn’t get your shit together in time to make your Game of Thrones couples’ costume. It’s also the season for outlandish urban legends, from fears about crushed Tylenol being mixed into Pixie Sticks to that old chestnut about razors […]
Kraft Heinz’s VC arm leads $23M investment in cannabis startup
Less than a month after announcing a new Denver HQ, cannabis tech startup Flowhub has closed a $23 million Series A. Flowhub is a cannabis retail software company that helps dispensaries by delivering compliance, point of sale, inventory tracking and business intelligence data from a customizable platform. The company processes over $1 billion in cannabis sales annually and […]
Colorado marijuana regulators finalizing ban on certain additives in cannabis vape products, Why Wait Until January 1, 2020?
The proposed ban comes as the nation grapples with a mysterious lung disease linked to e-cigarettes and marijuana vape pens Colorado’s marijuana regulators are finalizing a ban on certain additives in cannabis vape products, a significant step given new urgency by a national crisis over a mysterious lung disease linked to e-cigarettes and marijuana vape […]
How do you build a successful cannabis brand in an industry of complex regulation?
The cannabis industry is booming. It’s changing rapidly, both as a burgeoning category and by individual market. The industry’s forecasted market size of $66.3 billion by the end of 2025 is attracting significant attention and investment. Whether your business is already in the industry or you’re planning on entering it, the excitement and expanding opportunities […]
Breathalyzer for cannabis, backed by Philly investor, could be a ‘game changer’ for legalization efforts
When New Jersey lawmakers debated earlier this year whether to legalize recreational use of marijuana, the Garden State’s police organizations were adamantly against it. The cops said that legal weed might lead to an explosion in the numbers of impaired drivers operating under the influence. And the police would be caught flatfooted trying to tell whether […]
