“Grow House” Movie To Be Released In Theaters On April 20, 2017

Although they convince Snoop Dogg (played as himself) to fund their operation, our heroes soon discover what can grow wrong, will go wrong in this comedy of errors.

CALIFORNIA: Whoever said, “money doesn’t grow on trees” never met Darius, Pat and their friends. Fans of comedy have a hilarious new film to celebrate - Hollyweed Films presents “Grow House” starring DeRay Davis, Lil’ Duval, Martin Starr, Snoop Dogg, Faizon Love, Malcolm McDowell, and Lin Shaye, as well as features a cameo by Charlamagne Tha God. Written and directed by Mark “DJ Pooh” Jordan, “Grow House” will Read the full article…

7 in 10 Californians 21 & Older Ready to Use Cannabis Products Recreationally

Enlucem_infographic_CA_Cannabis_Consumer_Profile

CALIFORNIA: Enlucem, a strategic brand consultancy currently advising startups in the cannabis space, announced today the results of a detailed consumer study of Californians’ attitudes toward cannabis products. Results of the 800-person survey found that the market potential for medical marijuana and other future cannabis products in California is staggering – between 15 million and Read the full article…

Medical Marijuana Legalization Associated With Fewer Opioid-Related Hospitalizations

Pot vs. pills

CALIFORNIA: The enactment of statewide legislation permitting medical cannabis access by qualified patients is associated with a reduction in opioid-related hospitalization, according to data published online ahead of print in the journal Drug and Alcohol Dependence. A researcher from the University of California at San Diego assessed the association between medical cannabis laws and hospitalizations related to opioid pain Read the full article…

Mentor Capital Discusses Opioids Vs. Cannabis at Congressman Rohrabacher Reception

Dana Rohrabacher

CALIFORNIA: Mentor Capital  met with Congressman Dana Rohrabacher of Newport Beach at his reception by the Cannabis Host Committee in San Diego, March 6th, 2017. Mentor CEO Chet Billingsley, nicknamed “The Doc” by the Congressman, outlined in discussion how 20% of the opiate crises and 6,000 annual deaths could be avoided by the projected 20% Read the full article…

MedMen Acquires New York Medical Marijuana Company

MedMen is coming to NY

CALIFORNIA: MedMen, a Los Angeles-based cannabis management and investment firm, announced today that it has acquired Bloomfield Industries, Inc., one of only five Registered Organizations licensed to operate a medical marijuana business in the State of New York. The acquisition provides MedMen with the opportunity to apply its operational expertise and institutional best practices to one Read the full article…

Consumers Spend $53.3B On Legal, Medical & Illicit Marijuana Sales In North America

medical marijuana

CALIFORNIA: Arcview Market Research, a leading publisher of cannabis market research, released its first ever estimate of the entire North American cannabis market, including legal, medical and illicit marijuana sales. The 5th edition of the State of Legal Marijuana Markets Report estimates consumers spent $53.3 billion on cannabis in 2016 across all markets. This first of its kind Read the full article…

Cannabis Industry Unites to Help Homeless in LA

Over 40 volunteers met at the Hollywood mansion of Advanced Nutrients founder and CEO Michael "BigMike" Straumietis to assemble 1,100 backpacks for adults and 500 backpacks for children packed full of the essential hygiene supplies, living necessities and non-perishable food items to help the homeless.

CALIFORNIA: A one-of-a-kind charity called Holiday Heroes — originally started in Bulgaria – headed by the CEO of Advanced Nutrients, opened its latest chapter in Los Angeles, California just in time to bring hope and happiness to the homeless this Christmas season. “BigMike handing out backpacks at a Family Shelter run by Volunteers of America in Los Angeles.   Read the full article…

Legal Pot Growers To Drive Up California Warehouse Rates

Legal pot growers to drive up cost of warehouse real estate

CALIFORNIA: Legalizing recreational marijuana in California is creating a gold rush for a decidedly less intoxicating sector: warehouses in which to grow the plants. Investors have few options to cash in directly on the state’s recent decision to legalize the drug, as there are no publicly traded cannabis producing companies and marijuana remains illegal under federal Read the full article…

Lynwood California Passes Marijuana Ordinance

Lynnwood CA City Council approved on first reading an ordinance that would regulate businesses that grow and manufacture medical cannabis within city limits.

CALIFORNIA: On a 3-1 vote, the City Council approved on first reading an ordinance that would regulate businesses that grow and manufacture medical cannabis within city limits. The ordinance would allow up to 5 such businesses.  The ordinance will need to have at least one more reading before it passes which will take place on December 20, Read the full article…

New Report: Edibles Market Will Grow To $11B In 2017

Edibles in California will reach $11B by end of 2017

CALIFORNIA:  OutCo, a Southern California based fully vertical cannabis company has partnered with Monocle Research in Orlando, Florida to conduct groundbreaking research on the new state of cannabis in California. The recent approval of recreational marijuana use in the state of California has generated an immense amount of interest from both businesses and consumers, as they attempt to grasp the size and scope of Read the full article…