CALIFORNIA: Hightimes Holding Corp., the owner of High Times, the most well-known brand in Cannabis, announced the exercise of warrants and the conversion of outstanding notes into its Class A common stock, resulting in a reduction of approximately $28.6 million of its outstanding debt obligations. The former stockholders of Trans High Corp., the company Hightimes acquired Read the full article…
CALIFORNIA: Counties that permit the operation of medical cannabis dispensaries possess reduced rates of opioid-related mortality, according to the findings of an academic research paper published on the SSRN online network. Researchers from Claremont McKenna College in California, the University of Georgia, and the University of Arkansas at Little Rock assessed the localized impact of dispensary operations on Read the full article…
By Ruben Lindo, CEO Sungrown Zero CALIFORNIA: The nationwide trend toward cannabis legalization is a bittersweet moment for the African American community. On one hand, it represents the crumbling of a major pillar of the War on Drugs, which has largely targeted and persecuted black people. It also represents a new business opportunity and a chance Read the full article…
Eaze Wellness will take the guesswork out of CBD, ensuring consumers have access to education and curated CBD products CALIFORNIA: Eaze has announced a major expansion of its offerings with the launch of Eaze Wellness, a new online marketplace shipping hemp-derived CBD products to 41 states across the United States and the District of Columbia. Eaze Wellness launches Read the full article…
CALIFORNIA: Cannabis’ impact on driving performance is generally less pronounced than that of alcohol, according to a review paper published by a pair of New York University researchers and BOTEC Analysis, LLC. Authors reported that the use of cannabis, absent the simultaneous use of other drugs or alcohol, creates “only a fraction of the risks associated with driving at Read the full article…
CALIFORNIA: Eaze, the on-demand cannabis marketplace, today announced the launch of a new program to expand access to cannabis for U.S. veterans. Beginning this Veterans Day (Sunday, November 11), veterans will receive a 25% discount on products purchased through Eaze. The discount reflects Eaze’s commitment to helping veterans safely access sustainable, affordable relief from PTSD, physical Read the full article…
CALIFORNIA: The Emerald Cup, one of the cannabis industry’s premier culture and awards events, announced today that Willie Nelson will be honored as the recipient of an honorary award at the 15th annual cannabis celebration. The award will be given during a ceremony taking place on December 16 from 2 p.m. to 4 p.m. at the Read the full article…
Acquisition of Vertically-Integrated Operator Adds to MedMen’s Growing Footprint in One of the Top Medical Marijuana Markets in the U.S. CALIFORNIA: MedMen Enterprises has announced that it has signed a definitive agreement to acquire control of Kannaboost Technology Inc. and CSI Solutions LLC, collectively referred to as “Level Up,” in a cash and stock transaction valued at $33,000,000. Read the full article…
CALIFORNIA: On November 8, 2016, Proposition 64 was passed in the state of California, legalizing the possession and recreational use of marijuana. On January 1, 2018, this law came into effect. According to Proposition 64, any person aged 21 and over may purchase, possess and consume up to an ounce (28 grams) of cannabis or Read the full article…
CALIFORNIA: On October 19th, the Bureau of Cannabis Control (BCC) in California released an updated draft of proposed marijuana business regulations for the cannabis industry in the state. The new draft signaled the start of a 15-day period of public comment to gather feedback on the slightly tweaked industry rules. Since the recreational use of marijuana Read the full article…