Marlboro maker places $2.4 billion bet on marijuana
Marijuana Industry News December 8, 2018 0
NEW YORK (AP) — One of the world’s biggest tobacco companies is diving into the cannabis market with a $2.4 billion buy-in. Marlboro maker Altria Group Inc. is taking a 45 percent stake in Cronos Group, the Canadian medical and recreational marijuana provider said Friday. Altria will pay another... Read more
Older Americans Are Flocking to Medical Marijuana
Marijuana Industry NewsMedical MarijuanaRecreational Marijuana December 8, 2018 0
December 7, 2018 by AggregatedNews Leave a Comment Shari Horne broke her toes a decade ago, and after surgery, “I have plates and pins and screws in my feet, and they get achy at times,” she said. So Ms. Horne, 66, applies a salve containing cannabidiol, derived from the cannabis,... Read more
MedMen Appoints Veteran Retail Finance Executive as Chief Financial Office
Marijuana Industry News December 6, 2018 0
LOS ANGELES (December 6, 2018) – MedMen Enterprises Inc. (“MedMen”or the “Company”) (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) announced today the hiring of Michael W. Kramer, a veteran finance executive with a proven track record at retailers such as Apple Inc., Abercrombie & Fitch and Forever 21, as Chief Financial Officer. “Michael’s extensive financial and operational... Read more
Michigan Officially Legalizes Marijuana For Recreational Use
Marijuana Industry NewsMichiganRecreational Marijuana December 6, 2018 0
December 6, 2018 by AggregatedNews Leave a Comment Legal marijuana has officially come to the Midwest. Under a new measure taking effect Thursday in Michigan, people ages 21 and older in the state can legally possess and use cannabis for recreational purposes. Michigan voters approved the initiative in November... Read more
What is Massachusetts planning to do with all that marijuana tax revenue?
Marijuana Industry NewsMassachusettsRecreational Marijuana December 6, 2018 0
In a recent interview, Boston Mayor Marty Walsh said he hoped the the tax revenue from marijuana in Massachusetts would be worth the “human toll.” Walsh, who opposed the 2016 state ballot measure to legalize the drug for recreational use, later explained that he hoped the money would be devoted toward initiatives... Read more
Nutritional High Appoints Tom Siciliano as President and Michael DiNapoli as Chief Financial Officer, and Grants Stock Options
Marijuana Industry News December 6, 2018 0
PRESS RELEASE TORONTO, Dec. 06, 2018 (GLOBE NEWSWIRE) — Nutritional High International Inc. (“Nutritional High” or the “Company”) (CSE: EAT, OTCQB: SPLIF, FRANKFURT: 2NU) is pleased to announce the appointment of Mr. Tom Siciliano as President, effective December 10, 2018, and Mr. Michael DiNapoli, who will succeed Ms. Agustina... Read more
What the Heck is Happening with Global Cannabis Policy Anyway?
Marijuana Industry News December 6, 2018 0
By Lezli Engelking, Founder/CEO FOCUS Founded in 1945, the United Nations is an international organization committed to maintaining international peace and security; developing friendly relations among nations; promoting social progress, better living standards, and human rights. There are three major international drug control treaties (also called conventions) that work together to form global... Read more
Fifty Years: How Marijuana Became Re-Legalized In America
Marijuana Industry News December 6, 2018 0
By Allen St. Pierre Part of a year-long series, longtime cannabis law reform advocate and historian Allen St. Pierre examines monthly for Cannabis Business Executive the last fifty years of cannabis prohibition and the public advocacy efforts in America to bring about the ongoing and inescapable socio-political changes underway first... Read more
Medical marijuana bill passes in Utah after compromise gains support from Mormon church
Marijuana Industry NewsMedical MarijuanaUtah December 6, 2018 0
Utah has passed sweeping changes to a new voter-approved medical-marijuana ballot measure under a planned compromise that secured support of the influential Mormon church but sparked a backlash from advocates. Supporters of the compromise cheered the vote, saying it would help suffering patients while creating safeguards against broader recreational use. “I believe... Read more
Denver officials want to clear some 10,000 low-level marijuana convictions, following in Boulder County’s footsteps
ColoradoMarijuana Industry NewsRecreational Marijuana December 6, 2018 0
Denver officials are planning to clear thousands of marijuana convictions prosecuted before its use became legal in the state. Colorado was among the first states to broadly allow the use and sale of marijuana by adults, but cities elsewhere have led the way on automatic expungement of past misdemeanor... Read more
