Cannabis execs, investors see Asia saying ‘yes’ to pot
The cannabis investor conference in Hong Kong this week started with some stern warnings against smoking pot in the city, which can land you in prison. Then folks got down to talking business.
JOBS IN LEGAL CANNABIS ARE ON THE RISE AND SALARIES ARE GETTING HIGH
Cannabis jobs are on the rise and salaries are increasing, according to a new report by employment agency Vangst. Those figures are set to grow further as capital continues to flow into the industry and the work force gains experience. Vangst, founded in 2015, has connected about 7,500 job seekers with the emerging legal weed…
CONSTELLATION INVESTS CA$5 BILLION IN CANNABIS GIANT CANOPY IN DEAL FINANCED BY BOFA MERRILL LYNCH
Global liquor giant Constellation Brands plans to significantly increase its ownership in Canopy Growth by investing an industry-record 5 billion Canadian dollars ($3.8 billion) to make the marijuana titan its exclusive global MJ partner.
Yesterday, President Donald Trump said he likely will support a congressional effort to end the federal ban on cannabis. I think we can all agree that this would be a major step that would reshape the pot industry and end the threat of a Justice Department crackdown.
In a 21-10 vote, the U.S. Senate Appropriations Committee shot down an amendment that would have lent support to the cannabis industry’s need for banking resources. This latest move comes just a week after the committee approved protections for the medical marijuana industry that shielded businesses from U.S. Department of Justice prosecution. This amendment, part…
This week, Attorney General Jeff Sessions paused a discussion of the opioid epidemic to, once again, go after marijuana. He suggested that addictive pain medication wasn’t the only problem and that many heroin addicts start out “with marijuana and other drugs.” There is a relationship between cannabis and opioids, but Mr. Sessions has it backward….
PUERTO RICO GOVERNOR SIGNS MEDICINAL MARIJUANA BILL
Puerto Rico became the latest corner of US to adopt a medical marijuana law, with the territory’s governor on Sunday signing a bill that legalizes and regulates the plant for medical use.
High Art: Marijuana Masterpieces Get Their Own Booth at Spectrum Miami
Art Basel is upon us, which means all sorts of cool, interesting, weird, shocking, and downright breathtaking art will soon be splashed across town for all the world to see. If you can imagine it, it’s probably represented somewhere during Miami Art Week. And one booth at the art fair Spectrum Miami aims to set…
The country as a whole might be in trouble – but it looks like marijuana measures are probably safe. There are plenty of things to be scared about during Donald Trump’s presidency: who he’ll nominate to the Supreme Court, the potential gutting of the Affordable Care Act, whether he’ll further strip women of their bodily autonomy…
Election May Be a Turning Point for Legal Marijuana
SAN FRANCISCO — To the red-and-blue map of American politics, it may be time to add green. The movement to legalize marijuana, the country’s most popular illicit drug, will take a giant leap on Election Day if California and four other states vote to allow recreational cannabis, as polls suggest they may. The map of…