The First Pot Stock Billionaire Says His Penny Stock Could Be A Little High

The average daily volume of about 10,900 shares has been light this year, but someone is buying the stock and the $117 it closed at on Friday makes Mackay the world’s first pot stock billionaire thanks to his 15.7 million shares in CannaVest.

NEVADA:  You have probably never heard of Bart Mackay, a 57-year-old Las Vegas lawyer who works on various ventures like Dot Vegas, which operates the .Vegas top-level domain. But on paper, Mackay is the first pot stock billionaire. Mackay’s holdings in CannaVest, which bills itself as the world’s leading hemp-based investment company, are valued at Read the full article…

Medical Marijuana Providers Fear Effects Of Wider Legalization

Muraco Kyashna-tocha, owner of the Green Buddha in Seattle, sells medical marijuana. Credit Matthew Ryan Williams for The New York Times

WASHINGTON:  There should be, one might think, a note of triumph or at least quiet satisfaction in Muraco Kyashna-tocha’s voice. Her patient-based cooperative in north Seattle dispenses medical marijuana to treat seizures, sleeplessness and other maladies. And with the state gearing up to open its first stores selling legal marijuana for recreational use, the drug Read the full article…

Connecticut Pharmacists Prepare For Medical Marijuana

As the state prepares to launch its medical marijuana program, pharmacists are planning for how to approach the entirely new experience of working with a drug without federal approval.

CONNECTICUT:  East Lyme pharmacist Laurie Zrenda sees the state’s medical marijuana program as a possible way to take her career in a promising direction. “I’ve been a retail pharmacist for 26 years and it gets a little old after a while,” she said. “The chain stores have taken over.” With little opportunity to work for an independent pharmacy, Read the full article…