Potheads have for decades celebrated their love of marijuana on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it. No, Hallmark doesn’t yet have a card to mark “420.” But many other businesses inside and outside the multibillion-dollar cannabis industry are using […]
On the Move
AGT Hybrid Greenhouse Awarded Gold in the Energy and Sustainability Category for the 2019 Edison Awards
PRESS RELEASE Groundbreaking new greenhouse design helps growers quickly build an ultra-energy efficient, “cleanroom” technology facility ESCONDIDO, CA. APRIL 11, 2019 – Ancon Development Corporation, a leading designer and developer of advanced facilities, today announced that they were awarded Gold in the Energy and Sustainability category in the 2019 Edison Awards for their new AGT Hybrid […]
N.Y. medical marijuana maker expands into Massachusetts recreational market
Vireo Health, a maker of medical marijuana in New York, is expanding into the recreational marijuana market with the $10 million acquisition this week of a Massachusetts firm. The company bought Mayflower Botanicals Inc., a registered marijuana dispensary certificate holder in Massachusetts. As part of the transaction, Vireo acquired 73 acres of land in rural New Bedford, […]
More seniors seek marijuana for age-related aches
The group of white-haired folks — some pushing walkers, others using canes — arrive right on time at the gates of Laguna Woods Village, an upscale retirement community in the picturesque hills that frame this Southern California suburb a few miles from Disneyland. There they board a bus for a quick trip to a building […]
The marijuana industry looks like the fastest-growing job market in the country
At a time when the rest of the labor market appears to be tightening up, the marijuana industry is just getting started when it comes to job creation, according to a recent report. Pot manufacturers and distributors, on both the recreational and medicinal sides, saw massive job creation in 2018, with 64,389 new positions added […]
Legalizing Marijuana, With a Focus on Social Justice, Unites 2020 Democrats
People in Colorado still remember John Hickenlooper’s crack after the state legalized marijuana, a move he opposed: “Don’t break out the Cheetos or Goldfish too quickly.” But Mr. Hickenlooper, the governor at the time of the 2012 initiative allowing recreational use of cannabis, eventually changed his mind. He acknowledged that fears of increased use by […]
A Chicago-based marijuana company is being bought for $850 million
With Illinois’ marijuana industry staring down massive growth as the state considers legalizing the drug for recreational use, a company based in Phoenix is paying $850 million for Chicago-based cannabis operator Verano Holdings. The deal will give Harvest Health & Recreation the right to operate Verano’s cultivation facility and dispensaries in Illinois, as well as […]
Is the NHL the future of marijuana in pro sports? Why it could be
Player X is in the NHL. After home games, he has a routine. Typically, he’ll meet a few teammates at a local restaurant for a late dinner. He likes to order steak after games — medium rare, with a side salad and mashed potatoes. Then he’ll go home. Player X sometimes has a hard time […]
Legal Marijuana Could Threaten Alcohol Industry, Says Report
Risky Business Marijuana is becoming more accepted — and that could be a problem for the alcohol industry, according to new research. “Though not yet mainstream, cannabis adoption is certainly growing in states where it’s legal and does pose a risk to the beverage alcohol industry in the future,” Brandy Rand, U.S. president of the […]
7 Marijuana Companies That Could Win the American Market
As more and more states legalize marijuana, American companies are racing to establish multi-state cannabis empires. It is still illegal under federal law, so exchanges like the New York Stock Exchange and Nasdaq aren’t an option for these outfits. Seven of the multi-state chains have raised war chests and listed their stocks on the Canadian […]
‘It gives a lot of people joy’: Kamala Harris and the evolution of marijuana and politics
President Bill Clinton admitted to smoking marijuana but famously said he never inhaled. President George W. Bush is believed to have partaken in illicit drugs in his youth, though he always played coy about it. President Barack Obama wrote candidly about his past marijuana and cocaine use but was never a strong supporter of pot […]
Why 2019 Could Be Marijuana’s Biggest Year Yet
On November 7, the day after Democrats seized control of the House with what would become a 40-seat swing, President Trump fired his Attorney General, Jeff Sessions. That day, at his home in California, Smoke Wallin’s phone blew up with congratulatory calls from friends and associates celebrating the political demise of the nation’s top law […]
Flying Dog Brewery Gets Into The Marijuana Beverage Game
If there is one particular facet of the cannabis industry that is on the verge of exploding onto the scene and causing a raucous so massive that high timers soon forget that weed can be smoked, it’s the uprising of marijuana-infused beverages. Nearly every major alcohol company has entered into a deal to launch a stoner […]
Aurora Cannabis makes a ‘blessed’ buy of organic marijuana producer
Aurora Cannabis Inc. said Monday it intends to acquire the one of the last independent members of the so-called “blessed eight,” a group of marijuana companies given the first approval to move cannabis genetics from the black market into the legal regime. Aurora ACB, +4.28% ACB, +6.26% said it would pay up to C$175 million ($132 million) in stock for […]
Cannabis Trade Federation Announces Federal Lobbying Team
PRESS RELEASE Cannabis Trade Federation Announces Federal Lobbying Team WASHINGTON, D.C. — Today, the Cannabis Trade Federation (CTF) announced it has formed the largest and most diverse federal lobbying team ever assembled by the cannabis industry or movement. This group will support CTF’s mission of passing the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act […]
MJardin Group Announces Definitive Agreement for Joint Venture with Rama First Nation
PRESS RELEASE MJardin and Rama to Break Ground on Large-Scale Cannabis Production and Retail Facilities January 10, 2019 08:30 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–MJardin Group, Inc. (“MJardin” or the “Company”) (CSE:MJAR), a leader in cannabis management, announced today that it has completed a definitive agreement for its previously announced joint venture with Rama First […]
Aphria Completes Acquisition of CC Pharma, Leading German Pharmaceutical and Medical Cannabis Distributor
PRESS RELEASE Leamington, Ontario – January 9, 2019 – Aphria Inc. (“Aphria” or the “Company”) (TSX: APH or US OTC: APHQF) today announced that it had completed its previously announced acquisition of CC Pharma GmbH (“CC Pharma”), a leading distributor of pharmaceutical products, including medical cannabis, to more than 13,000 pharmacies in Germany, as well as throughout Europe. The Company continues to strengthen its end-to-end cannabis operations and […]
Marijuana gives you the munchies. What about CBD?
As a dietitian, I always receive an influx of New Year’s emails predicting upcoming food trends. This year, several experts have forecast an increase in foods and beverages containing cannabidiol, a chemical compound found in cannabis plants. More colloquially called CBD, cannabidiol has been approved by the FDA to treat some forms of epilepsy and […]
