He believed pot was dangerous until his research convinced him otherwise. He then became a leading proponent of legalization. Dr. Lester Grinspoon, a Harvard psychiatry professor who became a leading proponent of legalizing marijuana after his research found it was less toxic or addictive than alcohol or tobacco, died on June25 at his home in […]
Spotlight
Half of Cannabis Executives Slash Revenue Forecasts Due to Coronavirus, Reallocating Marketing Budgets to Digital Media and Virtual Events
New study quantifies the impact of COVID-19, with 56% of executives moving marketing spend to online events and digital media and 39% planning to scale-back staffing. Cannabis executives report slashing budgets and significant disruption to suppliers and services during the COVID-19 crisis, according to a new report published by Cannabis Business Executive (CBE) and cannabis […]
Should cannabis companies get out front on leaseback plans?
Cannabis Business by Joe Caltabiano Companies in need of capital have a wealth of options in how they can raise it. From traditional bank loans to venture funding, line-of-credit accounts to angel investors, the sourcing choices are numerous. But that doesn’t mean they’re all equally available in all markets at all times. And right now, […]
Coronavirus Crisis or Not, It’s Time to Ensure Your Cannabusiness Isn’t Overexpanding
By Chris Woods, CEO, Terrapin Care Station In January, Motley Fool asked whether 2020 would be the year of cannabis stock bankruptcies. And if business leaders aren’t careful about their growth, the answer will undoubtedly be “yes.” While the impact of the coronavirus crisis clearly shines a light on mistakes made by cannabis companies that […]
COVID-19 & The Cannabis Industry: Ten Industry Leaders Share How Their Companies are Dealing With The Crisis
Over the last several weeks, CBE Press LLC (CBE) has been conducting research to learn from industry leadership how the COVID-19 Crisis is effecting their businesses and to learn how they are making adjustments to weather the short term storm while positioning their companies for the long-term until a vaccine is available to protect lives […]
How COVID-19 Force Majeure Claims May Wreck or Save Your Business
Following its rapid spread, on March 11, 2020 the World Health Organization declared coronavirus (“COVID-19”) to be a pandemic thereby potentially voiding every commercial contract via “force majeure” provisions and the common law doctrine of frustration (“Frustration Doctrine”). “Force majeure” events mirror “Acts of God” like floods that are outside of parties’ control and relieve […]
Cannabis And Coronavirus: What Your Business Should Do Right Now
By Vince Sliwoski, Attorney at Harris Bricken Add “global pandemic” to the list of challenges faced by the sputtering cannabis industry. The coronavirus COVID-19 is tearing across the U.S. economy. Businesses everywhere are making very difficult decisions. In many cases, those decisions are being made for them. As I write this post on the evening […]
Illinois Cannabis Law Needs Revisions to Level Playing Field for Minority Owners
As the market for the recreational use of cannabis develops in Illinois, more work needs to be done to give minorities a fair shot at ownership of dispensaries. Since the Illinois’ Cannabis Regulation and Tax Act went into effect on Jan. 1, no minorities have secured licenses to operate a dispensary. While the law has […]
Call for National Lab Testing Standards
Medical and Recreational Marijuana: Legal Issues, Operational Challenges and Regulatory Hurdles That Marijuana-Related Businesses Frequently Encounter PART 3 of 6: An Overview of How the Lack of National Standards for Laboratory Tests of Marijuana Products Affects the Public Health and the Marijuana Industry This article is the third part of a six-part series discussing the […]
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 […]
