Jun 2 Features

As protests continue, some activists question cannabis industry’s silence

Protests continued for another day and into the evening Monday following the death of George Floyd, an African American man from Minnesota who was killed on Memorial day when police officer Derek Chauvin knelt on his neck for nearly nine minutes while Floyd was handcuffed. Over the weekend, some demonstrators pulled the cannabis industry into the fray, damaging stores and stealing merchandise. But as industry executives focused on their losses, their silence towards the movement became more noticeable to some activists.
Read

The cannabis industry promised social justice. The moment demands that we now deliver.

On May 25 in Minneapolis, George Floyd, a 46-year-old African-American man, was killed when police officer Derek Chauvin knelt on his neck for 8 minutes and 46 seconds, asphyxiating him. Today, black America is under assault, and the streets have erupted in protest because racial inequities that go far beyond the legal cannabis trade continue to plague this country like a virus. There’s a fever spread throughout the populace, and a collective voice screaming out to be heard that makes writing about Seth Rogen’s love of weed or MedMen’s downfall seem petty and insignificant at this moment.
Read
May 29 Features

Study: 19 optimal minimum legal age for non-medical cannabis use. Also study: respondents may not have accurately recalled the age at which they first used cannabis.

According to a study published in BMC Public Health, researchers found that not only can the age for cannabis use be lowered, but that 19 is the optimal minimum legal age for non-medical cannabis use. However, tucked away towards the end of the study, researchers noted that results were based on self-reported data, adding the caveat, “respondents may not have accurately recalled the age at which they first used cannabis.”
Read

If the cannabis industry insists on marketing weed as an upscale boutique brand it will die. Just ask MedMen.

In an exclusive investigation, Politico gives a thorough account of how former MedMen CEO Adam Bierman flew too close to the sun, attempting to — not unlike Theranos founder Elizabeth Holmes — imitate his idol, Steve Jobs, if not substantively, at least in style. But is the downfall of the “Apple Store of Weed” a cautionary tale for the cannabis industry at large, or is it another in a myriad of corporate excesses that make for good gossip in the business pages?
Read
Innovative Industrial Properties Inc.
106.6350
7.03
7.05%
Zynerba Pharmaceuticals Inc.
10.5900
-0.37
-3.38%
Scotts Miracle-Gro Company (The)
111.9000
2.37
2.16%
Corbus Pharmaceuticals Holdings Inc.
6.1000
0.10
1.67%
Cara Therapeutics Inc.
23.4000
0.37
1.61%
Marijuana Stocks
More News