United States

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Mon
09
Feb

Snoop Dogg Is Raising A Fund For Investing In Weed Startups

“Invest in what you know.”

That’s a common piece of advice given to new investors that Calvin Broadus, Jr. (a.k.a. Snoop Dogg, a.k.a. Snoop Lion) seems to be taking to heart.

Sources tell us the prolific rapper, youth football coach and marijuana aficionado is putting together a fund specifically to invest in cannabis startups. According to one source, he hopes to raise $25 million to fund the nascent, but fast-growing legal marijuana industry. Because his agency is still in the process of raising the fund, its ultimate size is uncertain. His representatives did not reply to requests for comment.

Mon
09
Feb

Medicinal Cannabis Can Be The Health Care Success Story of Our Lifetime

Hugh Hempel | TEDxUniversityofNevada

 

Fri
06
Feb

A Marijuana First: Pot Vending Machines Dispense Weed

Weed history is being made in Seattle: the first vending machines to dispense marijuana flower buds debuted Tuesday.

The machines, called ZaZZZ, are being placed in medical pot dispensaries, which helps to verify customer's age and identity since medical marijuana cards are required to enter the centers, said Greg Patrick, a spokesman for the maker of ZaZZZ, American Green.

 

Though vending machines appeared for the first time in Colorado last year, those sold only edibles, or cannabis-infused foods, and not the plant's flower buds that are so often associated with smoking pot.

Wed
04
Feb

The First Family of Legal Marijuana

Operated by three siblings, Medicine Man has become the largest cannabis dispensary in Denver and an example of how to run a business in the burgeoning pot sector.

In the beginning, Pete Williams grew medical marijuana in his basement. He grew strains with names like White Widow and Sour Diesel, and it was good. Eventually, Pete's older brother Andy joined him and the business soon became too big for the basement. Five years later, Medicine Man is one of the largest and most successful cannabis dispensaries in the state of Colorado. With two retail locations, one in Denver and the other in Aurora, the company produced 7,000 pounds of pot and made $8 million in revenue in 2014. 

Wed
04
Feb

Will Native American tribes get into the pot business?

Native American tribes can now grow and sell marijuana on reservations — but whether to enter the emerging market could be a daunting choice.

Cannabis represents a huge economic opportunity for tribes, which maintain the right of self-government. Few, however, have publicly embraced the idea.

Here’s what you need to know about marijuana on tribal lands.

1. The Department of Justice said tribes can move forward with legalization

The federal government considers federally recognized Indian tribes “domestic dependent nations,” which means they have the right to govern themselves.

Wed
04
Feb

The Bureau: “Cannabis Needs to be More Like Fine Spirits”

According to Josh Gordon, CEO of The Bureau (formerly RODAWG), it’s about time that the cannabis industry becomes more like the fine spirits industry. As it currently stands, the market is growing, but Gordon thinks there’s still an unhealthy amount of ‘black market’ feeling hanging around.

But how do you eliminate something so ubiquitous? For Gordon and the team at The Bureau, it all boils down to branding.

Together with his team, Gordon has developed a strict plan that will help them fulfill this mission. He’s already actively engaged with investors, seeking to raise the next round of capital to continue doing custom packaging for dispensaries.

Tue
03
Feb

Whole-Plant Cannabis Use Associated with Decreased Likelihood of Developing Bladder Cancer

A survey/chart study published in The Journal of Urology in February 2015 found that whole-plant cannabis use is associated with a decreased likelihood of developing bladder cancer.

What is Bladder Cancer?

Bladder cancer is caused by an overproliferation of abnormal cells of the bladder (an organ in the body that collects urine). Tumors can press on or block surrounding structures or spaces, causing dysfunction in normal body processes, and in later stages, cancerous cells can metastasize (i.e. invade distant organs), potentially causing extensive damage and, if uncontrolled, death.

Fri
30
Jan

Ohio marijuana legalization investors include Frostee Rucker , Oscar Robertson

COLUMBUS, Ohio -- Key investors in a campaign to legalize marijuana use in Ohio include a former pro-basketball star, a pro-football player and a fashion designer.

ResponsibleOhio on Friday released the names of 11 key investors in its campaign to legalize marijuana for medical and personal use in Ohio. The investors, along with other supporters, are members of the investment groups that will own and operate the 10 marijuana grow sites to be specified in the group's proposed constitutional amendment.

"The campaign is honored to have such well-respected businesswomen and men, as well as patient advocates supporting our effort to offer a common-sense solution to Ohio's failed drug policies," Ian James, ResponsibleOhio's executive director, said in a press release.      

Thu
29
Jan

Scientology-Backed Anti-Drug Program At Work in City Public Schools

NEW YORK CITY — A Church of Scientology-backed anti-drug program is spreading its message to students in dozens of city public schools, DNAinfo New York has learned.

The Foundation for a Drug Free World, which was founded in 2006 by the controversial church, visited 30 city public schools last year, providing free anti-drug programs to elementary, middle and high school students in all five boroughs, according to its Facebook page.

The city's Department of Education denied any partnership with the group and said it did not recommend its services.

The Foundation's materials claim cocaine use leads to murder and suicide and that heroin use causes spontaneous abortions in women — claims not endorsed or are widely rejected by doctors. 

 

Wed
28
Jan

Cannabis may slow or stop the progression of Alzheimer’s Disease

Medical marijuana advocates in Maine are trying to spread the word about a recent study indicating the drug may slow or stop the progression of Alzheimer’s Disease.

The Gelassen family of Portland says it works.

Allen Gelassen is a pretty happy guy despite living with Alzheimer’s.

“I always have a problem (remembering) day-to-day,”said Gelassen, “But distance, some of it I can, some of it I can’t.”

The diagnosis came a few months ago, after the stroke that left him in a wheelchair. And with it, prescription painkillers; something that impacted his kids’ lives too.

“Groggy, depressed,” said his son, Benjamin Gelassen, “Which put that energy onto me.”

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