Prior Postings
Looking forward to connecting (face to face finally) with our new industry’s leaders and hopefuls next week at MJ Biz Con in Las Vegas. A quick summary of our last year is below.
The billionaire music mogul participated in a $19 million funding round in a fintech firm that’s trying to solve the banking problem in the marijuana industry.
Non-intoxicating cannabis products are safe and well tolerated by those who use them, so why not lower the clinical threshold for their manufacture and sale?
Cannabis consumers tend to be younger and college educated, not unemployed drug users, according to a study done by Dutchie, a Bend-based online marketplace platform. The survey showed that the stereotype of a cannabis user is false, said Ross Lipson, Dutchie CEO, in an interview. The survey showed that the baby boomers are the fastest growing demographic for cannabis sales, Lipson said.
According to reports, the ballot language for this initiative is similar to a bill introduced by State Representatives Casey Weinstein and Terrence Upchurch to legalize recreational cannabis in the state.
Big, publicly traded marijuana companies have a big head start in New York's marijuana industry, thanks in large part to former Gov. Andrew Cuomo.
Social equity rules can reduce barriers to entry for communities most affected by discriminatory drug laws
On July 15, New York legalized the use of recreational marijuana for adults 21 years and older. The bill allows possession of up to three ounces of cannabis for recreational use, or 24 grams of concen
Schumer's cannabis bill may not pass, but the investing opportunity is still big, according to Tim Seymour.
More and more powerful people, whether because of their wealth, celebrity status or their positions as corporate leaders and politicians, have begun to express their views in support of ending marijuana prohibition. One such person is Charles Koch, a billionaire businessman and philanthropist who shared his views on cannabis legalization and spoke openly of his support in a recent Forbes interview by Will Yakowicz. Koch, a passionate libertarian, has already donated a fortune to various politica