Former NBA player Al Harrington started a cannabis company after marijuana helped his grandma’s glaucoma. He hopes to use his company, named Viola in honor of his grandma, to empower Black entrepreneurs. http://www.cnn.com/videos/business/2021/08/21/nba-player-al-harrington-cannabis-business-ndwknd-vpx.cnn
Category Archives: Cannabusiness
Black Entrepreneurs in Cannabis Industry Push for a Piece of the Profits
Black people comprise only a small percentage of those profiting from the burgeoning legalized pot market, according to state data. Public initiatives and private funds, like one started by Jay-Z, aim to boost minority participation. http://www.wsj.com/video/series/in-depth-features/black-entrepreneurs-in-cannabis-industry-push-for-a-piece-of-the-profits/D36458C9-EF9B-43E7-8441-52175B2DE271
Get the munchies with cannabis ice cream
In the latest twist on the sweet treat, Boston-based ice cream brand Emack & Bolio’s is partnering with cannabis operator MariMed to create cannabis-infused ice cream. The duo will “create a line-up of cannabis-infused vegan and dairy ice cream in outrageous flavors” that contain the same whole-plant cannabinoid and terpene formulations found in MariMed’s products …
Former Anti-Marijuana Congressman And Top Trump Health Official Joins Cannabis Company Board, Documents Show
Tom Price, a former congressman who repeatedly voted against marijuana reform has joined the board of directors of a medical marijuana business in Georgia. As health and human services secretary in the Trump administration, he was empowered to initiate proceedings to formally recognize cannabis’s medical value and reschedule it under federal law—a move he chose …
Why Cannabis Is Part Of The Future Of Big Tobacco
Big tobacco companies are banking on a future in cannabis. Didn’t you see it coming? I did. They have been eying the industry for some time and have begun lobbying in certain jurisdictions. They are in a diminishing business selling products that kill people and see a pot of gold at the end of a …
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NBA’s Allen Iverson Joins Al Harrington’s Cannabis Company, Says They Are ‘About To Change The Game’
NBA Hall of Fame Allen Iverson has joined Viola, a purpose-driven cannabis brand co-founded by basketball great Al Harrington. Iverson is the latest in a long line of celebrities and high sports getting into the cannabis business. As Viola’s talent partner, Iverson will continue to build on many of Harrington’s business initiatives, leading the drop …
As recreational use of marijuana arrives across the region, jobs in weed are growing
Marijuana is one of the fastest-growing industries in the country, hitting $18.3 billion in legal sales last year, a 71% increase (thanks to the stress of COVID) over 2019, according to cannabis website Leafly. Jobs in weed are also booming with wages that start at about $15 an hour for a cultivation trimmer or retail …
Sen. Schumer’s Bill Would End Cannabis Prohibition And Regulate Pot Like Tobacco
Cannabis will not achieve its full flowering in America until the end of federal regulation and Senator Chuck Schumer’s draft bill is a very important first step towards this end. But don’t start counting your chickens yet folks. Who knows if there is a majority of votes in Congress to pass it. It’s not just …
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Without Banks, Cannabis Companies Are Turning to Crypto
Cryptocurrency and cannabis businesses have a lot in common. Both are entering the mainstream after years of operating on the fringes. And the two industries may be able to help each other. But are you ready to buy your weed in bitcoin? http://www.fool.com/the-ascent/cryptocurrency/articles/without-banks-cannabis-companies-are-turning-to-crypto/
Meet the Women Bringing Weed to the Deep South
Blounts & Moore, the GRITS (Girls Raised in the South) bringing weed to the deep South. They see a burgeoning cannabis industry as a way to bring generational wealth to African American communities. http://www.rollingstone.com/culture/culture-features/blounts-moore-black-investment-legal-weed-1186858/
Where to Buy Weed Online – Top Brands for Recreational Cannabis Shopping
Can you buy weed online legally? Yes, you can, but it depends on the law in your state. Marijuana is still illegal federally and can’t be shipped across state lines. What about cannabinoids like delta 8 THC? These are legal federally and, in most states, and can be shipped to you so long as it’s …
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NFL Funds Marijuana Research As Federal Prohibition ‘Adversely’ Impacts Studies Into Opioid Alternative For Players
A commission formed between the NFL and the league’s players’ union plans to award up to $1 million in grants for researchers to investigate the therapeutic potential of marijuana, CBD, and other alternatives to opioids for treating pain. What the NFL says and does about cannabis matters. This shows that corporate America is getting on …
Weed Smokers Are Exposed to Fewer Toxic Chemicals Than Cigarette Smokers, Study Finds
Cannabis smokers are exposed to fewer toxic chemicals than cigarette smokers, according to a new clinical study published in the Nicotine & Tobacco Research journal. Researchers from the University of Minnesota and the University of Wisconsin recruited 53 subjects to systematically test the differences in toxicant exposure between tobacco and cannabis smokers. http://merryjane.com/news/weed-smokers-are-exposed-to-fewer-toxic-chemicals-than-cigarette-smokers-study-finds
Drinking THC: What To Know Before You Try
New cannabis-based beverages are hitting the market on a regular basis and dispensaries are seeing a rise in the number of people asking for them. Experts expect the market for liquid-based cannabis products to skyrocket. But THC-based drinks can be tricky. And, as will all THC products, consumers will have to be careful about these …
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How coronavirus is boosting booze, weed, and other vice industries
The COVID-19 pandemic caused widespread suffering, loss of jobs and hundreds of thousands of deaths. But certain industries thrived. Among them cannabis which saw explosive growth in 2020.
Black Entrepreneurs Behind Cannabis Brand GasHouse Make Their Mark On The Industry
Oakland-based cannabis brand GasHouse, run by two Black entrepreneurs, is making a name for itself in California’s burgeoning legal marijuana market. From its roots as a clandestine grow operation in suburban Atlanta, GasHouse has become one of California’s most coveted brands. The company’s signature strain Pluto has been mentioned on more than one hip-hop track, …
U.S. pot sellers stash cash as banks leave them high and dry
The U.S. cannabis business has a very big problem. Too much cash! Although marijuana can be sold legally in dozens of states, it’s still illegal on the federal level, so most banks won’t service the industry. And, with a surge in sales during the pandemic, producers, manufacturers, and retailers are all awash in cash – …
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Legal Cannabis Market Projected To Rack Up $43 Billion By 2025, Says New Study
With 10 newly legalized states set to begin retail cannabis sales in 2021 or 2022, the legal market is projected to reach $43 billion by 2025. This eye-opening finding is one of several made in a recently published new study. The projected market size seems to get bigger with every new study.http://www.forbes.com/sites/irisdorbian/2021/06/18/legal-cannabis-market-projected-to-rack-up-43-billion-by-2025-says-new-study/
JOE EXOTIC LAUNCHING HIS OWN CANNABIS LINE … Straight from the Joint!!!
You know things are getting out of hand when a convicted felon is launching his own cannabis line from behind bars in federal prison. We are talking about the former zookeeper professionally known as Joe Exotic, is currently serving 22-year prison sentence for plotting to kill someone. News reports indicate that he is directly involved …
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Inside one woman’s effort to normalize marijuana in homes and get equity ‘baked into the laws’
Shanel Lindsay first started using cannabis at 17 to treat a cyst. Now she helms a Boston company that sells the country’s first all-in-one cannabis cooker — a kitchen appliance designed to activate and prepare cannabis for baking, melting, and infusing. http://www.nbcnews.com/news/us-news/inside-one-woman-s-effort-normalize-marijuana-homes-get-equity-n1261553
Paul Pierce to launch ‘Truth’ marijuana brand in Massachusetts
Another high-profile celebrity enters the cannabis market. This time it’s Celtic great and NBA champion Paul Pierce. He’s launching a line of recreational marijuana products in Massachusetts under the “Truth” brand, in partnership with marijuana operator The Hub Craft. Pierce’s nickname will appear on various edibles, concentrates, and cannabis lotions by the end of the …
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A Black Woman’s Mission To Make Washington D.C. The Capital Of Cannabis
If you’re looking for cannabis in Washington D.C., most local residents will tell you to visit Linda Mercado Greene’s dispensary called Anacostia Organics. Along with being one of the first Black women to own a medical cannabis dispensary east of the Anacostia River, Mercado Greene is also a leading voice on the legalization of marijuana in the …
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Start Spreading The News: New York Could Displace California As Cannabis Capital Of The World
California passed its adult use legislation way back in 2016 but much of the state is still without cannabis dispensaries, manufacturing, or cultivation – because of a law that did not do much of it was supposed to do. New York cannabis activists, on the hand, seems to have gotten just about everything they wanted …
